Chunghwa Competitors
| 2412 Stock | TWD 123.00 0.50 0.41% |
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Chunghwa Telecom Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Chunghwa Telecom and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Chunghwa and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Chunghwa Telecom does not affect the price movement of the other competitor.
| -0.23 | -0.16 | 0.21 | 0.05 | 3045 | ||
| -0.23 | 0.46 | 0.63 | 0.64 | 2002 | ||
| -0.16 | 0.46 | -0.17 | 0.23 | 1301 | ||
| 0.21 | 0.63 | -0.17 | 0.72 | 2882 | ||
| 0.05 | 0.64 | 0.23 | 0.72 | 2881 | ||
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High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Chunghwa Stock performing well and Chunghwa Telecom Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Chunghwa Telecom's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 3045 | 0.71 | 0.05 | (0.04) | (4.09) | 0.85 | 1.72 | 4.84 | |||
| 2002 | 1.00 | (0.03) | (0.06) | 0.02 | 1.29 | 2.23 | 10.43 | |||
| 1301 | 1.51 | (0.25) | 0.00 | (0.96) | 0.00 | 4.33 | 10.13 | |||
| 2882 | 0.99 | 0.11 | 0.01 | 11.75 | 1.12 | 1.89 | 7.20 | |||
| 2881 | 1.01 | 0.01 | (0.07) | (0.10) | 1.25 | 2.10 | 6.68 |
Chunghwa Telecom Competitive Analysis
The better you understand Chunghwa Telecom competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Chunghwa Telecom's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Chunghwa Telecom's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Chunghwa Telecom Competition Performance Charts
Five steps to successful analysis of Chunghwa Telecom Competition
Chunghwa Telecom's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Chunghwa Telecom in relation to its competition. Chunghwa Telecom's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Chunghwa Telecom in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Chunghwa Telecom's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Chunghwa Telecom, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Chunghwa Telecom position
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Farming
Companies producing farming products and providing services for farmers. The Farming theme has 41 constituents at this time.
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Additional Tools for Chunghwa Stock Analysis
When running Chunghwa Telecom's price analysis, check to measure Chunghwa Telecom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chunghwa Telecom is operating at the current time. Most of Chunghwa Telecom's value examination focuses on studying past and present price action to predict the probability of Chunghwa Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chunghwa Telecom's price. Additionally, you may evaluate how the addition of Chunghwa Telecom to your portfolios can decrease your overall portfolio volatility.