Prime Competitors
| 6152 Stock | TWD 13.35 0.10 0.75% |
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Prime |
Prime Electronics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Prime Electronics 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 Prime 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 Prime Electronics does not affect the price movement of the other competitor.
| -0.42 | -0.62 | 0.26 | -0.18 | -0.35 | 6229 | ||
| -0.42 | 0.18 | 0.26 | 0.7 | 0.65 | 3661 | ||
| -0.62 | 0.18 | 0.15 | -0.09 | -0.01 | 4931 | ||
| 0.26 | 0.26 | 0.15 | 0.07 | 0.03 | 5269 | ||
| -0.18 | 0.7 | -0.09 | 0.07 | 0.84 | 4163 | ||
| -0.35 | 0.65 | -0.01 | 0.03 | 0.84 | 1783 | ||
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High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Prime Stock performing well and Prime Electronics 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 Prime Electronics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 6229 | 1.93 | (0.21) | 0.00 | (1.29) | 0.00 | 3.52 | 15.41 | |||
| 3661 | 2.37 | (0.32) | 0.00 | (0.31) | 0.00 | 7.37 | 15.07 | |||
| 4931 | 2.80 | 0.84 | 0.28 | 1.28 | 2.14 | 8.42 | 12.89 | |||
| 5269 | 2.50 | (0.18) | 0.00 | (0.06) | 0.00 | 6.38 | 14.15 | |||
| 4163 | 0.59 | (0.09) | 0.00 | (1.32) | 0.00 | 1.33 | 3.90 | |||
| 1783 | 0.88 | (0.05) | 0.00 | 0.48 | 0.00 | 2.65 | 6.36 |
Prime Electronics Competitive Analysis
The better you understand Prime Electronics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Prime Electronics' 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 Prime Electronics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Prime Electronics Competition Performance Charts
Five steps to successful analysis of Prime Electronics Competition
Prime Electronics' 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 Prime Electronics in relation to its competition. Prime Electronics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Prime Electronics 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 Prime Electronics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Prime Electronics, 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 Prime Electronics position
In addition to having Prime Electronics 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.Did You Try This Idea?
Run ISP Thematic Idea Now
ISP
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ISP Theme or any other thematic opportunities.
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Additional Tools for Prime Stock Analysis
When running Prime Electronics' price analysis, check to measure Prime Electronics' 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 Prime Electronics is operating at the current time. Most of Prime Electronics' value examination focuses on studying past and present price action to predict the probability of Prime Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Electronics' price. Additionally, you may evaluate how the addition of Prime Electronics to your portfolios can decrease your overall portfolio volatility.