Compare Nantong to CITIC, Guangzhou, Unigroup, Dongnan

Comparing Nantong to CITIC, Guangzhou, Unigroup, Dongnan can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.

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Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.

	603115	601061	000524	002049	301359
603115		0.94	0.93	0.93	0.9	603115
601061	0.94		0.95	0.93	0.92	601061
000524	0.93	0.95		0.93	0.93	000524
002049	0.93	0.93	0.93		0.95	002049
301359	0.9	0.92	0.93	0.95		301359
	603115	601061	000524	002049	301359

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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
603115	1.69	0.50	0.15	(1.46)	1.67	(1.92)	5.11	(2.33)	15.98
601061	1.44	0.30	0.05	(0.58)	1.95	(1.52)	3.63	(2.46)	16.37
000524	1.88	0.30	0.03	(0.23)	2.49	(2.09)	3.74	(2.80)	19.26
002049	2.66	0.42	0.12	1.27	2.48	(3.10)	9.59	(4.41)	16.77
301359	2.75	0.37	0.06	(1.31)	3.58	(3.00)	4.34	(5.28)	28.12

Cross Equities Net Income Analysis

Compare Nantong Haixing Elec, CITIC Metal, and Guangzhou Dongfang Hotel Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
603115	77.7 M	77.7 M	77.7 M	77.7 M	77.7 M	77.7 M	77.7 M	90.1 M	149.5 M	120.4 M	125.8 M	221.2 M	227.7 M	136.8 M	158 M
000524	20.4 M	20.5 M	31 M	34.4 M	36.4 M	39.2 M	30.6 M	177.4 M	204.9 M	259.2 M	(240.4 M)	(127.8 M)	(178 M)	68.8 M	72.3 M
002049	13.2 M	103.4 M	141.3 M	272.5 M	304.4 M	335.5 M	336.1 M	279.9 M	348 M	405.8 M	806.4 M	2 B	2.6 B	2.5 B	2.7 B

Nantong Haixing Elec, CITIC Metal, and Guangzhou Dongfang Hotel Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in entities financial statement analysis. It represents the amount of money remaining after all of organizations operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	603115	601061	000524	002049	301359
	2.72 13.24 Nantong	4.18 7.80 CITIC	2.75 9.55 Guangzhou	4.10 64.76 Unigroup	5.28 23.33 Dongnan
Market Volatility (90 Days Market Risk)	Not too volatile	Somewhat reliable	Somewhat reliable	Very steady	Not too volatile
Market Performance (90 Days Performance)	Good	OK	OK	Good	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Very Low	Low	Very Low	Very Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Sell	Strong Sell	Buy	Strong Sell
Net Asset	2.39 B	N/A	3.34 B	17.53 B	N/A
Profit Margin	0.09 %	0.02 %	0.04 %	0.24 %	0.14 %
EBITDA	253.96 M	1.5 B	156.93 M	2.72 B	58.99 M
Operating Margin	0.13 %	0.01 %	0.03 %	0.30 %	0.16 %
Current Valuation	2.53 B	48.88 B	4.86 B	53.11 B	1.52 B
Price To Book	1.60 X	1.82 X	2.85 X	4.52 X	2.37 X
Retained Earnings	525.47 M	N/A	(39.09 M)	10.37 B	N/A
Beta	0.32	N/A	0.92	0.82	0.8
Number Of Employees	791	N/A	5.42 K	2.54 K	N/A
Shares Outstanding	239.2 M	4.9 B	670.21 M	849.62 M	85.84 M
Cash Flow From Operations	180.29 M	N/A	407.34 M	1.78 B	N/A
Annual Yield	N/A	0.02 %	N/A	0.01 %	0.02 %
Total Debt	405.4 M	N/A	1.21 B	2.39 B	N/A
Return On Equity	0.0866	0.11	0.0709	0.13	0.0519
Return On Asset	0.0437	0.0203	0.0143	0.0528	0.0253
Book Value Per Share	8.26 X	4.28 X	3.35 X	14.45 X	9.84 X
Total Asset	2.39 B	N/A	3.34 B	17.53 B	N/A
Last Dividend Paid	0.5	0.15	N/A	0.68	0.5
Target Price	N/A	N/A	9.0	77.59	N/A
Shares Owned By Institutions	1.66 %	0.10 %	1.30 %	11.59 %	0.25 %
Market Capitalization	3.17 B	38.22 B	6.4 B	55.02 B	2 B
Price To Sales	1.72 X	0.31 X	1.54 X	8.91 X	6.60 X
Net Income	136.79 M	N/A	68.84 M	2.53 B	N/A
Earnings Per Share	0.71 X	0.45 X	0.21 X	1.79 X	0.52 X
Shares Owned By Insiders	71.64 %	90.31 %	73.35 %	26.88 %	74.10 %
Revenue	1.79 B	125.28 B	3.4 B	7.49 B	303.32 M
Working Capital	1.29 B	N/A	596.22 M	10.16 B	N/A
Gross Profit	453.5 M	1.39 B	297.13 M	4.54 B	N/A
Day Typical Price	13.42	7.9	9.71	65.87	23.77
Accumulation Distribution	0.0399	0.0358	0.0507	0.0493	0.0571
Market Facilitation Index	0.55	0.29	0.51	3.36	1.41
Daily Balance Of Power	(0.67)	(1.17)	(0.53)	(0.82)	(0.92)
Period Momentum Indicator	(0.37)	(0.34)	(0.27)	(2.77)	(1.30)
Rate Of Daily Change	0.97	0.96	0.97	0.96	0.95
Day Median Price	13.52	7.95	9.8	66.42	23.99
Price Action Indicator	(0.46)	(0.32)	(0.38)	(3.04)	(1.31)
Relative Strength Index	95.01	75.69	75.18	50.49	80.92
Coefficient Of Variation	528.47	844.74	1328.94	779.52	1283.79
Mean Deviation	1.69	1.44	1.88	2.66	2.75
Jensen Alpha	0.4998	0.2969	0.3025	0.4186	0.3727
Total Risk Alpha	0.0691	(0.09)	(0.24)	(0.12)	(0.37)
Sortino Ratio	0.1493	0.0534	0.0296	0.1198	0.0561
Downside Variance	5.21	5.51	7.06	8.13	15.44
Standard Deviation	2.49	2.16	2.78	3.68	4.51
Kurtosis	3.08	5.26	4.23	1.08	7.15
Potential Upside	5.11	3.63	3.74	9.59	4.34
Treynor Ratio	(1.46)	(0.58)	(0.23)	1.27	(1.31)
Maximum Drawdown	15.98	16.37	19.26	16.77	28.12
Variance	6.21	4.68	7.74	13.57	20.33
Market Risk Adjusted Performance	(1.45)	(0.57)	(0.22)	1.28	(1.30)
Risk Adjusted Performance	0.152	0.0972	0.065	0.1063	0.068
Skewness	0.5736	(0.47)	0.1287	0.9116	1.25
Semi Deviation	1.67	1.95	2.49	2.48	3.58
Information Ratio	0.1368	0.0579	0.0282	0.0928	0.0489
Value At Risk	(2.33)	(2.46)	(2.80)	(4.41)	(5.28)
Expected Short fall	(1.92)	(1.52)	(2.09)	(3.10)	(3.00)
Downside Deviation	2.28	2.35	2.66	2.85	3.93
Semi Variance	2.78	3.79	6.2	6.17	12.81

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.

Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Explore Investing Opportunities

You can quickly originate your optimal portfoio 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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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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