Chicony Competitors

Stocks . Taiwan . 
Stock . Chicony Power Technology
6412 Stock  TWD 120.50  1.50  1.26%   
Chicony Power Technology competes with Coretronic, Merry Electronics, Sampo Corp, Taiwan Sanyo, and E Lead; as well as few others. The company operates under Technology sector and is part of Consumer Electronics industry. Analyzing Chicony Power 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 Chicony Power to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Chicony Power 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 Chicony Power competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
118.56120.50122.44
Details
Intrinsic
Valuation
LowRealHigh
103.59105.52132.55
Details
Naive
Forecast
LowNextHigh
113.27115.21117.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
118.59120.00121.41
Details

Chicony Power Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Chicony Power 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 Chicony 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 Chicony Power Technology does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
2439
+ 0.82
5371
1614
+ 0.77
2439
2464
+ 0.68
5371
2464
+ 0.68
1614
2464
+ 0.67
2439
1614
+ 0.66
5371
  
High negative correlations   
5283
- 0.49
2497
5283
- 0.48
2439
1604
- 0.31
2439
5283
- 0.3
1614
2464
- 0.25
5283
1614
- 0.17
1604

Risk-Adjusted Indicators

There is a big difference between Chicony Stock performing well and Chicony Power 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 Chicony Power'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.
All Fundamental Data

Chicony Power Competitive Analysis

The better you understand Chicony Power competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Chicony Power'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 Chicony Power'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
6412 5371 2439 1604 1614 2497 5283 2464
 1.26 
 120.50 
Chicony
 1.17 
 69.20 
Coretronic
 1.36 
 109.00 
Merry
 0.35 
 28.35 
Sampo
 0.38 
 39.65 
Taiwan
 0.44 
 67.20 
2497
 0.48 
 105.00 
Heran
 0.27 
 75.00 
Mirle
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Insignificant
Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Cautious Hold
Strong Sell
Cautious Hold
Strong Sell
Current Ratio
1.31 X
1.68 X
1.08 X
1.91 X
2.26 X
1.30 X
1.74 X
1.23 X
Net Asset
30.01 B
61.47 B
33.86 B
13.03 B
6.9 B
3.18 B
6.03 B
11.78 B
Profit Margin
0.08 %
0.05 %
0.04 %
0.07 %
0.05 %
0.11 %
0.11 %
0.06 %
EBITDA
4.66 B
4.38 B
2.39 B
2.15 B
584.77 M
305.43 M
1.05 B
807.93 M
Operating Margin
0.09 %
0.04 %
0.04 %
0.07 %
0.06 %
0.09 %
0.10 %
0.04 %
Current Valuation
30.67 B
22.03 B
17.63 B
10.41 B
8.61 B
10.42 B
6.27 B
8.64 B
Price To Book
2.46 X
0.97 X
1.47 X
1.19 X
1.71 X
5.06 X
1.73 X
1.76 X
Retained Earnings
2.58 B
N/A
2.48 B
2.84 B
2.35 B
458 M
N/A
1.48 B
Current Asset
12.16 B
N/A
6.28 B
4.81 B
2.12 B
2.12 B
N/A
5.45 B
Five Year Return
5.34 %
N/A
5.98 %
6.13 %
3.31 %
N/A
5.54 %
4.37 %
Beta
0.4
1.03
0.72
0.66
0.3
1.12
0.71
0.62
Number Of Employees
37
45
7.39 K
13
1.05 K
23
16
15
Shares Outstanding
395.39 M
390.98 M
218.05 M
360.77 M
258.93 M
122.8 M
73 M
195.53 M
Cash Flow From Operations
1.41 B
(2.14 B)
2.66 B
267.31 M
390.25 M
(72.96 M)
(135.93 M)
1 B
Annual Yield
0.07 %
0.07 %
0.05 %
0.10 %
0.03 %
N/A
0.07 %
0.06 %
Total Debt
2.37 B
1.83 B
4.31 B
290 M
225.64 M
157.08 M
302.72 M
1.19 B
Return On Equity
0.29
0.11
0.15
0.0854
0.0596
0.22
0.17
0.14
Z Score
8.8
7.2
3.4
19.8
24.6
34.8
17.2
3.6
Return On Asset
0.0814
0.0254
0.0248
0.0281
0.0356
0.0543
0.0739
0.0235
Book Value Per Share
30.47 X
57.63 X
55.18 X
21.75 X
20.98 X
15.84 X
60.10 X
22.13 X
Current Liabilities
9.71 B
N/A
2.58 B
2.97 B
902 M
1.36 B
N/A
3.44 B
Total Asset
30.01 B
61.47 B
33.86 B
13.03 B
6.9 B
3.18 B
6.03 B
11.78 B
Debt To Equity
30.30 %
37.80 %
0.81 %
0.14 %
4.30 %
54.90 %
0.07 %
21.30 %
Target Price
58.89
62.5
108.0
14.0
44.0
32.3
N/A
26.0
Last Dividend Paid
5.2
4.0
4.0
2.7
1.23
N/A
8.0
2.2
Shares Owned By Institutions
9.98 %
11.23 %
13.00 %
7.50 %
0.66 %
1.69 %
2.37 %
2.26 %
Market Capitalization
31.05 B
23.54 B
18.25 B
9.65 B
9.32 B
9.22 B
8.21 B
7.63 B
Price To Earning
18.78 X
10.19 X
16.21 X
5.90 X
35.38 X
(122.51) X
8.59 X
8.85 X
Price To Earnings To Growth
0.98 X
N/A
0.57 X
N/A
N/A
N/A
N/A
N/A
Price To Sales
0.69 X
0.40 X
0.48 X
0.98 X
1.46 X
2.89 X
1.08 X
0.70 X
Net Income
2.83 B
2.03 B
1.13 B
1.67 B
367.72 M
96.52 M
780.14 M
527.9 M
Earnings Per Share
8.14 X
6.34 X
6.79 X
1.83 X
1.23 X
2.95 X
10.22 X
3.04 X
Shares Owned By Insiders
67.18 %
36.32 %
14.48 %
28.35 %
45.58 %
43.59 %
61.93 %
23.66 %
Revenue
40.36 B
49.83 B
36.18 B
8.9 B
5.8 B
2.48 B
6.36 B
9.86 B
Working Capital
2.45 B
N/A
3.7 B
1.84 B
1.22 B
756 M
N/A
2 B
Cash And Equivalents
2.65 B
18.56 B
6.93 B
1.08 B
641.77 M
588.2 M
1.18 B
3.2 B
Cash Per Share
6.99 X
42.80 X
33.06 X
2.92 X
2.48 X
4.95 X
16.18 X
16.39 X
Gross Profit
7.14 B
8.73 B
4.38 B
1.53 B
1.24 B
659.74 M
2.31 B
2.05 B
Day Typical Price
120.67
69.5
109.5
28.35
39.72
67.63
104.67
75.23
Accumulation Distribution
0.0205
0.0128
0.0136
0.0035
0.0125
0.019
0.0095
0.0197
Market Facilitation Index
2.5
0.9
1.5
0.1
0.5
1.3
1.0
1.5
Daily Balance Of Power
0.6
0.8889
(1.00)
1.0
0.3
(0.23)
0.5
0.1333
Period Momentum Indicator
1.5
0.8
(1.50)
0.1
0.15
(0.30)
0.5
0.2
Rate Of Daily Change
1.01
1.01
0.99
1.0
1.0
1.0
1.0
1.0
Day Median Price
120.75
69.65
109.75
28.35
39.75
67.85
104.5
75.35
Price Action Indicator
0.5
(0.05)
(1.50)
0.05
(0.03)
(0.80)
0.75
(0.25)
Relative Strength Index
48.0
67.36
58.61
54.83
44.16
40.57
47.29
25.04
Coefficient Of Variation
(3,426)
(803.71)
(736.35)
8553.96
(11,417)
4203.41
2587.34
(3,421)
Mean Deviation
1.16
1.18
1.69
0.4513
0.5159
2.17
0.4903
2.09
Jensen Alpha
(0.05)
(0.23)
(0.29)
(0.02)
(0.02)
0.1032
0.0096
(0.12)
Total Risk Alpha
(0.37)
(0.47)
(0.66)
(0.10)
(0.14)
(0.42)
(0.11)
(0.57)
Sortino Ratio
N/A
N/A
N/A
(0.16)
N/A
(0.02)
(0.1)
N/A
Downside Variance
N/A
N/A
N/A
0.5879
N/A
7.14
0.9988
N/A
Standard Deviation
1.92
1.64
2.2
0.6199
0.7613
3.04
0.8155
3.0
Kurtosis
11.11
1.85
0.6854
1.04
2.88
1.58
8.6
2.5
Potential Upside
2.4
2.45
3.29
1.06
1.02
6.01
0.9615
5.45
Treynor Ratio
0.5339
(1.66)
1.92
(0.03)
(2.28)
(0.18)
0.2178
(0.47)
Maximum Drawdown
14.14
8.58
11.31
3.22
4.82
18.58
6.66
15.09
Variance
3.67
2.69
4.86
0.3843
0.5796
9.21
0.6651
9.03
Market Risk Adjusted Performance
0.5439
(1.65)
1.93
(0.02)
(2.27)
(0.17)
0.2278
(0.46)
Risk Adjusted Performance
(0.02)
(0.09)
(0.1)
0.0066
(0.01)
0.0257
0.0302
(0.01)
Skewness
2.05
(0.83)
(0.43)
(0.12)
0.0396
0.5681
0.8983
1.16
Semi Deviation
N/A
N/A
N/A
0.6017
N/A
2.44
0.6135
N/A
Information Ratio
(0.1)
(0.20)
(0.20)
(0.20)
(0.18)
(0.02)
(0.12)
(0.07)
Value At Risk
(3.10)
(3.38)
(3.82)
(0.88)
(1.22)
(4.04)
(0.96)
(4.80)
Expected Short fall
N/A
N/A
N/A
(0.50)
N/A
(2.82)
(0.80)
N/A
Downside Deviation
N/A
N/A
N/A
0.7667
N/A
2.67
0.9994
N/A
Semi Variance
N/A
N/A
N/A
0.3621
N/A
5.97
0.3763
N/A

Chicony Power Competition Performance Charts

Five steps to successful analysis of Chicony Power Competition

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

In addition to having Chicony Power 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 Aircraft Thematic Idea Now

Aircraft
Aircraft Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 45 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 Aircraft Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Chicony Stock Analysis

When running Chicony Power's price analysis, check to measure Chicony Power'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 Chicony Power is operating at the current time. Most of Chicony Power's value examination focuses on studying past and present price action to predict the probability of Chicony Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicony Power's price. Additionally, you may evaluate how the addition of Chicony Power to your portfolios can decrease your overall portfolio volatility.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY