GlycoNex Competitors

Stocks . Taiwan . 
Stock . GlycoNex
4168 Stock  TWD 28.80  0.20  0.69%   
GlycoNex competes with Intech Biopharm, and Genomics BioSci; as well as few others. The company operates under Healthcare sector and is part of Biotechnology industry. Analyzing GlycoNex 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 GlycoNex to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out GlycoNex Correlation with its peers.

GlycoNex vs Genomics BioSci Correlation

Weak diversification

The correlation between GlycoNex and 4195 is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GlycoNex and 4195 in the same portfolio, assuming nothing else is changed.

Moving against GlycoNex Stock

  0.74147 TaiMed BiologicsPairCorr
  0.662881A Fubon Financial HoldingPairCorr
  0.552881B Fubon Financial HoldingPairCorr
  0.546712 Ever Supreme BioPairCorr
  0.511760 Panion BF BiotechPairCorr
Hype
Prediction
LowEstimatedHigh
25.8928.8031.71
Details
Intrinsic
Valuation
LowRealHigh
19.7322.6431.68
Details
Naive
Forecast
LowNextHigh
27.5930.5033.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.8025.5230.25
Details

GlycoNex Competition Correlation Matrix

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

High positive correlations

6934
+ 0.96
7729
6676
+ 0.63
7729
6892
+ 0.57
7729
6676
+ 0.57
6934
6892
+ 0.55
6934
6864
+ 0.51
6704
  

High negative correlations

6704
- 0.74
6934
6704
- 0.71
7729
6864
- 0.57
6934
6864
- 0.48
6676
6892
- 0.48
6704
6864
- 0.48
7729

Risk-Adjusted Indicators

There is a big difference between GlycoNex Stock performing well and GlycoNex 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 GlycoNex'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
6580  1.77 (0.12) 0.00 (0.38) 0.00 
 0.00 
 4.31 
(3.67)
 10.68 
7729  4.04  1.86  0.69  1.68  1.62 
(5.87)
 16.95 
(5.89)
 24.00 
6934  4.73  2.27  0.41 (3.82) 3.04 
(5.54)
 18.06 
(8.04)
 45.51 
6461  2.62  0.41  0.11 (0.71) 2.21 
(3.83)
 9.86 
(5.00)
 16.28 
6704  1.10 (0.28) 0.00  1.45  0.00 
 0.00 
 3.23 
(2.78)
 6.10 
6892  1.53  0.07  0.00 (1.31) 1.58 
(2.31)
 7.25 
(2.88)
 12.79 
6676  2.19  0.32  0.10 (17.55) 2.09 
(2.94)
 5.26 
(4.47)
 22.10 
6864  1.22 (0.12) 0.00  0.48  0.00 
 0.00 
 3.75 
(2.49)
 8.50 
6986  1.51  0.18  0.07  0.62  1.78 
(1.64)
 4.75 
(3.81)
 9.75 
4195  1.51  0.01 (0.03)(0.01) 1.80 
(1.86)
 4.10 
(3.21)
 14.86 

GlycoNex Competitive Analysis

The better you understand GlycoNex competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, GlycoNex'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 GlycoNex'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
4168 6580 7729 6934 6461 6704 6892 6676 6864 6986
 0.69 
 28.80 
GlycoNex
 0.45 
 22.10 
TaiRx
 1.13 
 87.30 
Steminent
 3.88 
 148.50 
6934
 2.16 
 21.30 
Intech
 0.40 
 25.10 
Gwo
 0.18 
 28.40 
Taiwan
 2.24 
 15.30 
Sunny
 3.73 
 75.00 
Anti
 3.39 
 59.80 
HeXun
Market Volatility
(90 Days Market Risk)
Not too volatile
Very steady
Very steady
Very steady
Somewhat reliable
Very steady
Very steady
Not too volatile
Very steady
Very steady
Market Performance
(90 Days Performance)
Fair
Weakest
Strong
Solid
Fair
Weakest
Weak
Fair
Weakest
Fair
Odds of Financial Distress
(Probability Of Bankruptcy)
Moderate
Fair
Unknown
Unknown
Fair
Unknown
Unknown
Unknown
Unknown
Unknown
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Cautious Hold
Strong Buy
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Hold
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Asset
1.4 B
N/A
N/A
N/A
2.6 B
N/A
N/A
N/A
N/A
N/A
EBITDA
(132.36 M)
N/A
N/A
N/A
(196.92 M)
N/A
N/A
N/A
N/A
N/A
Operating Margin
-6.59
N/A
N/A
N/A
-9.09
N/A
N/A
N/A
N/A
N/A
Current Valuation
3.05 B
N/A
N/A
N/A
5.09 B
N/A
N/A
N/A
N/A
N/A
Price To Book
2.37
N/A
N/A
N/A
3.67
N/A
N/A
N/A
N/A
N/A
Beta
1.07
N/A
N/A
N/A
0.59
N/A
N/A
N/A
N/A
N/A
Number Of Employees
13
8
N/A
N/A
87
N/A
N/A
N/A
N/A
N/A
Shares Outstanding
107.1 M
N/A
N/A
N/A
116.96 M
N/A
N/A
N/A
N/A
N/A
Cash Flow From Operations
(141.08 M)
N/A
N/A
N/A
(200.61 M)
N/A
N/A
N/A
N/A
N/A
Total Debt
N/A
N/A
N/A
N/A
940.77 M
N/A
N/A
N/A
N/A
N/A
Return On Equity
-0.14
N/A
N/A
N/A
-0.28
N/A
N/A
N/A
N/A
N/A
Z Score
N/A
N/A
N/A
N/A
1.8
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.0844
N/A
N/A
N/A
-0.0739
N/A
N/A
N/A
N/A
N/A
Book Value Per Share
14.6
N/A
N/A
N/A
9.61
N/A
N/A
N/A
N/A
N/A
Total Asset
1.4 B
N/A
N/A
N/A
2.6 B
N/A
N/A
N/A
N/A
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
0.1
N/A
N/A
N/A
6.26
N/A
N/A
N/A
N/A
N/A
Market Capitalization
3.43 B
1.28 B
N/A
N/A
3.71 B
N/A
N/A
N/A
N/A
N/A
Price To Earning
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
111.08
N/A
N/A
N/A
128.48
N/A
N/A
N/A
N/A
N/A
Net Income
(172.49 M)
N/A
N/A
N/A
(301.76 M)
N/A
N/A
N/A
N/A
N/A
Earnings Per Share
-1.66
N/A
N/A
N/A
-2.87
N/A
N/A
N/A
N/A
N/A
Shares Owned By Insiders
21.44
N/A
N/A
N/A
47.02
N/A
N/A
N/A
N/A
N/A
Revenue
5.47 M
N/A
N/A
N/A
38.9 M
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
3.46 M
N/A
N/A
N/A
(119.37 M)
N/A
N/A
N/A
N/A
N/A
Day Typical Price
28.83
21.9
87.3
151.5
21.43
24.92
28.32
15.58
73.93
59.93
Accumulation Distribution
0.0307
0.0271
0.0686
0.0935
0.0631
0.0219
0.0158
0.0586
0.0479
0.0328
Market Facilitation Index
0.9
0.6
6.2
15.0
1.4
0.55
0.45
0.95
3.6
2.0
Daily Balance Of Power
(0.22)
0.1667
(0.16)
(0.40)
0.3214
0.1818
(0.11)
(0.37)
0.75
(1.05)
Period Momentum Indicator
(0.20)
0.1
(1.00)
(6.00)
0.45
0.1
(0.05)
(0.35)
2.7
(2.10)
Rate Of Daily Change
0.99
1.0
0.99
0.96
1.02
1.0
1.0
0.98
1.04
0.97
Day Median Price
28.85
21.8
87.3
153.0
21.5
24.83
28.28
15.73
73.4
60.0
Price Action Indicator
(0.15)
0.35
(0.50)
(7.50)
0.025
0.33
0.1
(0.60)
2.95
(1.25)
Coefficient Of Variation
940.27
(2,440)
279.17
339.28
992.49
(544.78)
3031.25
1097.49
(1,299)
966.46
Mean Deviation
1.81
1.77
4.04
4.73
2.62
1.1
1.53
2.19
1.22
1.51
Jensen Alpha
0.305
(0.12)
1.86
2.27
0.4116
(0.28)
0.072
0.3242
(0.12)
0.1849
Total Risk Alpha
0.0276
(0.32)
1.43
1.52
0.0183
(0.44)
(0.15)
(0.02)
(0.31)
0.0113
Sortino Ratio
0.101
N/A
0.6944
0.4129
0.1122
N/A
1.0E-4
0.0989
N/A
0.065
Downside Variance
5.14
N/A
7.28
27.47
7.49
N/A
2.68
6.63
N/A
4.62
Standard Deviation
2.89
2.32
5.45
7.61
3.82
1.55
2.38
3.65
1.75
2.11
Kurtosis
3.73
(0.03)
2.09
9.08
1.6
0.8365
3.88
12.84
1.31
0.9501
Potential Upside
7.23
4.31
16.95
18.06
9.86
3.23
7.25
5.26
3.75
4.75
Treynor Ratio
(2.70)
(0.38)
1.68
(3.82)
(0.71)
1.45
(1.31)
(17.55)
0.4763
0.6154
Maximum Drawdown
18.02
10.68
24.0
45.51
16.28
6.1
12.79
22.1
8.5
9.75
Variance
8.36
5.39
29.69
57.88
14.62
2.41
5.66
13.35
3.08
4.44
Market Risk Adjusted Performance
(2.69)
(0.37)
1.69
(3.81)
(0.70)
1.46
(1.30)
(17.54)
0.4863
0.6254
Risk Adjusted Performance
0.0853
(0.02)
0.2709
0.2248
0.0819
(0.13)
0.0311
0.0747
(0.05)
0.0823
Skewness
1.06
0.2118
1.45
2.37
1.29
0.0198
1.39
2.87
0.8526
0.3487
Semi Deviation
1.92
N/A
1.62
3.04
2.21
N/A
1.58
2.09
N/A
1.78
Information Ratio
0.0793
(0.07)
0.3438
0.2844
0.0803
(0.23)
0.0
0.0697
(0.12)
0.0663
Value At Risk
(2.70)
(3.67)
(5.89)
(8.04)
(5.00)
(2.78)
(2.88)
(4.47)
(2.49)
(3.81)
Expected Short fall
(2.22)
N/A
(5.87)
(5.54)
(3.83)
N/A
(2.31)
(2.94)
N/A
(1.64)
Downside Deviation
2.27
N/A
2.7
5.24
2.74
N/A
1.64
2.58
N/A
2.15
Semi Variance
3.68
N/A
2.63
9.24
4.89
N/A
2.49
4.39
N/A
3.17

GlycoNex Competition Performance Charts

Five steps to successful analysis of GlycoNex Competition

GlycoNex'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 GlycoNex in relation to its competition. GlycoNex's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of GlycoNex 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 GlycoNex's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to GlycoNex, 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.

Complement your GlycoNex position

In addition to having GlycoNex in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cleaning Theme
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 24 constituents at this time.
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Additional Tools for GlycoNex Stock Analysis

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