Yang Competitors

2609 Stock

TWD 76.50 1.00 1.29%

Yang Ming Marine competes with Evergreen Marine, Wan Hai, China Airlines, Eva Airways, and China Steel; as well as few others. The company operates under Marine sector and is part of Industrials industry. Analyzing Yang Ming competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Yang Ming to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Yang Ming Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Yang Ming competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
74.10	76.50	78.90

Details

Intrinsic

Valuation

Low	Real	High
68.85	91.03	93.44

Details

Yang Ming Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Yang Ming 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 Yang 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 Yang Ming Marine does not affect the price movement of the other competitor.

	2603	2615	2610	2618	2002
2603		0.76	0.97	0.94	0.37	2603
2615	0.76		0.66	0.67	0.58	2615
2610	0.97	0.66		0.94	0.36	2610
2618	0.94	0.67	0.94		0.28	2618
2002	0.37	0.58	0.36	0.28		2002
	2603	2615	2610	2618	2002

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Risk-Adjusted Indicators

There is a big difference between Yang Stock performing well and Yang Ming 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 Yang Ming'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
2603	1.57	0.30	0.10	0.73	2.04	(1.89)	3.69	(2.91)	13.66
2615	2.31	0.19	0.05	0.40	2.83	(2.73)	5.46	(4.10)	19.92
2610	0.88	0.21	0.08	0.75	1.17	(1.06)	1.91	(1.15)	8.60
2618	0.86	0.24	0.08	1.40	1.16	(0.99)	2.16	(1.32)	7.77
2002	1.01	(0.03)	(0.08)	0.03	1.30	(1.25)	2.23	(2.38)	10.43

Unable to evaluate fundamental data of [2603.TW, 2615.TW, 2610.TW, 2618.TW, 2002.TW] at this time. Please try again later

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Yang Ming Competitive Analysis

The better you understand Yang Ming competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Yang Ming'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 Yang Ming'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

	2609	2603	2615	2610	2618	2002
	1.29 76.50 Yang	3.39 228.00 Evergreen	3.10 90.70 Wan	1.86 24.60 China	3.25 40.15 Eva	0.90 22.30 China
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Good	Modest	Solid	Good	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Below Average	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Over Valued	Under Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Buy	Buy	Strong Sell	Strong Buy	Strong Buy	Cautious Hold
Current Ratio	0.60 X	3.02 X	2.51 X	0.71 X	1.23 X	1.00 X
Net Asset	384.42 B	611.03 B	257.68 B	294.72 B	325.31 B	687.99 B
Profit Margin	0.53 %	0.57 %	0.44 %	0.07 %	0.10 %	0.08 %
EBITDA	222.46 B	314.08 B	143.77 B	43.48 B	40.23 B	118.9 B
Operating Margin	0.65 %	0.65 %	0.54 %	0.09 %	0.13 %	0.10 %
Current Valuation	8.54 B	54.64 B	83.75 B	187.21 B	182.08 B	661.01 B
Price To Book	0.66 X	0.61 X	0.85 X	1.69 X	1.79 X	1.38 X
Retained Earnings	(7.71 B)	N/A	11.76 B	4.33 B	7.92 B	99.63 B
Current Asset	29.5 B	N/A	28.46 B	44.5 B	58.59 B	135.14 B
Five Year Return	N/A	N/A	2.78 %	N/A	2.08 %	3.40 %
Beta	1.84	1.74	1.53	0.76	0.88	0.74
Number Of Employees	60	51	31	88	60	64
Shares Outstanding	3.49 B	2.12 B	2.81 B	6.01 B	5.36 B	15.41 B
Cash Flow From Operations	209.57 B	301.06 B	132.61 B	49.89 B	34.97 B	71.3 B
Annual Yield	0.33 %	0.31 %	0.14 %	0.04 %	0.02 %	0.1 %
Total Debt	15.89 B	46.41 B	35.3 B	96.19 B	92.62 B	103.17 B
Return On Equity	0.87	0.95	0.74	0.16	0.16	0.12
Z Score	7.2	3.6	3.0	0.6	0.6	2.4
Return On Asset	0.41	0.39	0.33	0.0324	0.0329	0.0439
Book Value Per Share	94.82 X	254.87 X	83.31 X	11.60 X	15.75 X	21.13 X
Current Liabilities	42.55 B	N/A	16.4 B	65.34 B	58.58 B	134.37 B
Total Asset	384.42 B	611.03 B	257.68 B	294.72 B	325.31 B	687.99 B
Debt To Equity	518.10 %	0.28 %	0.34 %	228.40 %	2.74 %	74.90 %
Target Price	83.5	168.06	71.5	15.77	29.5	27.84
Last Dividend Paid	20.0	45.0	9.13	0.83	0.59	3.1
Shares Owned By Institutions	25.35 %	12.31 %	9.77 %	48.23 %	10.46 %	20.40 %
Market Capitalization	206.03 B	312.17 B	209.9 B	117.52 B	154.58 B	486.57 B
Price To Earning	(1.74) X	1.08 X	13.58 X	36.40 X	289.29 X	17.49 X
Price To Earnings To Growth	0.19 X	0.19 X	(3.74) X	0.32 X	3.61 X	1.34 X
Price To Sales	0.54 X	0.50 X	0.76 X	0.73 X	1.15 X	0.93 X
Net Income	165.27 B	239.01 B	103.34 B	9.38 B	6.61 B	62.05 B
Earnings Per Share	61.71 X	151.27 X	45.16 X	1.84 X	2.55 X	2.59 X
Shares Owned By Insiders	19.48 %	22.73 %	42.98 %	2.90 %	45.68 %	25.23 %
Revenue	333.69 B	489.41 B	228.01 B	138.84 B	103.87 B	468.33 B
Working Capital	(13.05 B)	N/A	12.06 B	(20.84 B)	5.53 M	775 M
Cash And Equivalents	17.52 B	407.76 B	184.86 B	24.62 B	44.28 B	41.18 B
Cash Per Share	7.54 X	192.67 X	65.88 X	4.54 X	8.99 X	2.67 X
Gross Profit	212.54 B	301.99 B	134.65 B	23.35 B	19.32 B	98.68 B
Day Typical Price	76.67	230.5	91.7	24.55	40.6	22.33
Accumulation Distribution	3.7 M	2.5 M	1.4 M	0.0182	4.8 M	544442.0
Market Facilitation Index	N/A	N/A	N/A	0.45	N/A	N/A
Daily Balance Of Power	(0.34)	(0.70)	(0.85)	1.0	(0.77)	0.5
Period Momentum Indicator	(1.00)	(8.00)	(2.90)	0.45	(1.35)	0.2
Rate Of Daily Change	0.99	0.97	0.97	1.02	0.97	1.01
Day Median Price	76.75	231.75	92.2	24.53	40.83	22.35
Price Action Indicator	(0.75)	(7.75)	(2.95)	0.3	(1.35)	0.05
Coefficient Of Variation	720.47	596.85	1195.08	501.57	457.81	7026.11
Mean Deviation	1.65	1.57	2.31	0.8802	0.8599	1.01
Jensen Alpha	0.2446	0.3041	0.1949	0.2091	0.2379	(0.03)
Total Risk Alpha	(0.05)	0.0125	(0.26)	0.0445	0.0654	(0.22)
Sortino Ratio	0.0693	0.0961	0.0469	0.0831	0.0848	(0.08)
Downside Variance	7.84	6.41	11.35	2.39	2.71	2.11
Standard Deviation	2.34	2.23	3.45	1.3	1.24	1.5
Kurtosis	3.3	4.25	2.65	7.73	6.52	4.67
Potential Upside	3.82	3.69	5.46	1.91	2.16	2.23
Treynor Ratio	0.5411	0.7341	0.4012	0.7492	1.4	0.0306
Maximum Drawdown	13.88	13.66	19.92	8.6	7.77	10.43
Variance	5.48	4.98	11.91	1.69	1.53	2.24
Market Risk Adjusted Performance	0.5511	0.7441	0.4112	0.7592	1.41	0.0406
Risk Adjusted Performance	0.1132	0.1351	0.072	0.157	0.1713	0.0158
Skewness	(0.88)	(1.05)	0.3368	(1.60)	(1.49)	0.5072
Semi Deviation	2.29	2.04	2.83	1.17	1.16	1.3
Information Ratio	0.0829	0.109	0.0458	0.0988	0.1128	(0.07)
Value At Risk	(2.79)	(2.91)	(4.10)	(1.15)	(1.32)	(2.38)
Expected Short fall	(1.79)	(1.89)	(2.73)	(1.06)	(0.99)	(1.25)
Downside Deviation	2.8	2.53	3.37	1.55	1.65	1.45
Semi Variance	5.24	4.15	7.99	1.36	1.35	1.7

Yang Ming Competition Performance Charts

Five steps to successful analysis of Yang Ming Competition

Yang Ming'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 Yang Ming Marine in relation to its competition. Yang Ming's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Yang Ming 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 Yang Ming's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Yang Ming Marine, 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.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Additional Tools for Yang Stock Analysis

When running Yang Ming's price analysis, check to measure Yang Ming'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 Yang Ming is operating at the current time. Most of Yang Ming's value examination focuses on studying past and present price action to predict the probability of Yang Ming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yang Ming's price. Additionally, you may evaluate how the addition of Yang Ming to your portfolios can decrease your overall portfolio volatility.

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