Western Competitors

688122 Stock

44.59 1.51 3.28%

Western Superconducting competes with Fuda Alloy, Northking Information, Sinofibers Technology, Shenzhen Noposion, and Renxin New; as well as few others. The company operates under Machinery sector and is part of Industrials industry. Analyzing Western Superconducting 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 Western Superconducting to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Western Superconducting 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 Western Superconducting competition on your existing holdings.

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
40.04	44.40	48.76

Details

Intrinsic

Valuation

Low	Real	High
32.46	36.82	49.05

Details

Naive

Forecast

Low	Next	High
41.87	46.23	50.59

Details

Earnings

Estimates (0)

Low	Projected EPS	High
0.34	0.38	0.43

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Western Superconducting. Your research has to be compared to or analyzed against Western Superconducting's peers to derive any actionable benefits. When done correctly, Western Superconducting's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Western Superconducting.

Western Superconducting Competition Correlation Matrix

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

	603045	002987	300777	002215	301395	002516	688432	300848
603045		0.88	0.97	0.94	0.95	0.97	0.93	0.86	603045
002987	0.88		0.92	0.88	0.94	0.88	0.93	0.72	002987
300777	0.97	0.92		0.93	0.97	0.97	0.97	0.86	300777
002215	0.94	0.88	0.93		0.93	0.93	0.89	0.81	002215
301395	0.95	0.94	0.97	0.93		0.93	0.97	0.86	301395
002516	0.97	0.88	0.97	0.93	0.93		0.93	0.87	002516
688432	0.93	0.93	0.97	0.89	0.97	0.93		0.87	688432
300848	0.86	0.72	0.86	0.81	0.86	0.87	0.87		300848
	603045	002987	300777	002215	301395	002516	688432	300848

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Western Stock performing well and Western Superconducting 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 Western Superconducting'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
603045	2.14	0.54	0.15	(3.86)	2.12	(2.34)	4.75	(4.22)	15.68
002987	3.23	0.81	0.17	(2.35)	3.33	(3.45)	9.99	(6.24)	18.64
300777	2.91	0.55	0.10	(1.34)	3.41	(3.38)	11.04	(4.44)	31.89
002215	2.03	0.62	0.18	(1.58)	1.86	(2.35)	4.51	(4.06)	14.18
301395	2.24	0.51	0.08	(0.46)	3.04	(2.33)	6.72	(4.70)	23.15
002516	2.36	0.63	0.17	(5.31)	2.26	(2.67)	8.28	(4.01)	16.92
688432	2.74	0.57	0.11	(0.64)	2.70	(3.01)	7.48	(5.11)	29.06
300848	2.92	0.59	0.10	(0.88)	3.42	(3.51)	7.91	(4.45)	26.85

Cross Equities Net Income Analysis

Compare Western Superconducting and related stocks such as Fuda Alloy Materials, Northking Information, and Sinofibers Technology Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
603045	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	54.8 M	57.8 M	73.2 M	44.2 M	57.1 M	29.8 M	40.9 M	40.4 M
002987	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	48.4 M	78 M	174.7 M	276.1 M	230.6 M	277 M	347.6 M	203.3 M
300777	56.8 M	56.8 M	56.8 M	56.8 M	56.8 M	56.8 M	56.8 M	110.4 M	120.5 M	136.6 M	232.3 M	201.3 M	595.5 M	289.2 M	239.6 M
002215	9.9 M	81.3 M	129.4 M	180 M	194.5 M	230.9 M	(276.2 M)	308.5 M	329.2 M	236 M	166.9 M	305.3 M	328.4 M	235.6 M	159.6 M
002516	80.7 M	121.7 M	129.2 M	142.6 M	168.5 M	251.3 M	301.3 M	384.7 M	232 M	167 M	209.8 M	189.5 M	199.7 M	191.2 M	193.7 M
300848	27.2 M	27.2 M	27.2 M	27.2 M	27.2 M	27.2 M	27.2 M	44.4 M	55.4 M	83.4 M	102 M	119.1 M	111.3 M	87.9 M	86.7 M

Western Superconducting and related stocks such as Fuda Alloy Materials, Northking Information, and Sinofibers Technology Net Income description

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

Western Superconducting Competitive Analysis

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

	688122	603045	002987	300777	002215	301395	002516	688432	300848
	3.28 44.59 Western	4.20 13.41 Fuda	0.48 14.41 Northking	0.29 27.27 Sinofibers	0.32 9.52 Shenzhen	2.75 11.95 Renxin	0.57 5.31 Kuangda	0.25 11.84 GRINM	1.23 18.93 Miracll
Market Volatility (90 Days Market Risk)	Not too volatile	Somewhat reliable	Somewhat reliable	Somewhat reliable	Somewhat reliable	Somewhat reliable	Relatively risky	Slightly risky	Somewhat reliable
Market Performance (90 Days Performance)	OK	Solid	Good	Good	Solid	Good	Solid	OK	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Below Average	Low	Very Small	Low	Very Small
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over 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	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Net Asset	12.08 B	2.27 B	3.07 B	4.41 B	10.87 B	N/A	4.42 B	N/A	3.35 B
Profit Margin	0.18	0.0138	0.0712	0.4	0.0894	0.0304	0.0805	0.24	0.0434
EBITDA	942.79 M	127.84 M	309.93 M	479.3 M	732.18 M	70 M	328.98 M	227.37 M	69.81 M
Operating Margin	0.34	0.012	0.0996	0.57	-0.17	0.0158	0.14	0.3	0.0568
Current Valuation	30.48 B	2.63 B	8.68 B	10.25 B	14.22 B	1.43 B	7.16 B	11.93 B	8.42 B
Price To Book	4.59	1.8	3.31	2.83	2.47	1.52	2.14	3.45	5.99
Retained Earnings	1.77 B	506.28 M	1.18 B	1.34 B	1.38 B	N/A	787.71 M	N/A	471.76 M
Beta	0.49	0.61	0.11	0.33	0.51	N/A	0.59	1.09	0.45
Number Of Employees	1.53 K	1.3 K	30.63 K	410	3.69 K	146	1.87 K	772	564
Shares Outstanding	649.67 M	135.44 M	619.26 M	439.71 M	1.01 B	202.89 M	1.47 B	1.25 B	414.19 M
Cash Flow From Operations	161.57 M	(117.68 M)	131.03 M	839.47 M	639.75 M	N/A	216.73 M	N/A	230.23 M
Annual Yield	N/A	N/A	0.0105	0.0038	0.0158	0.086	0.0189	0.0059	0.0053
Total Debt	1.17 B	584.63 M	526.76 M	323.24 M	3.52 B	N/A	777.23 M	N/A	709.13 M
Return On Equity	0.12	0.0516	0.13	0.0665	0.0953	0.0393	0.0407	0.0557	0.0445
Return On Asset	0.0406	0.0212	0.0601	0.0372	0.0238	0.015	0.0308	0.0179	0.0074
Book Value Per Share	10.04	7.14	4.38	9.67	3.76	7.63	2.49	3.45	3.12
Total Asset	12.08 B	2.27 B	3.07 B	4.41 B	10.87 B	N/A	4.42 B	N/A	3.35 B
Target Price	53.67	N/A	19.98	38.82	12.66	N/A	8.25	17.0	15.0
Last Dividend Paid	0.7	0.061	0.12	0.12	0.15	0.71	0.1	0.01	0.077
Shares Owned By Institutions	26.34	0.41	1.9	7.95	9.08	0.29	1.1	4.58	2.9
Market Capitalization	28.57 B	1.74 B	9.98 B	13.71 B	9.54 B	2.4 B	7.77 B	14.81 B	7.84 B
Price To Earnings To Growth	N/A	N/A	N/A	N/A	0.67	N/A	N/A	N/A	N/A
Price To Sales	6.63	0.51	1.96	17.24	1.93	1.17	3.71	15.6	4.93
Net Income	753.24 M	40.86 M	347.63 M	289.17 M	235.63 M	N/A	191.2 M	N/A	87.86 M
Earnings Per Share	1.19	0.36	0.53	0.62	0.43	0.26	0.12	0.18	0.16
Shares Owned By Insiders	44.1	36.49	62.89	37.36	42.83	68.04	54.55	82.2	76.2
Revenue	4.16 B	2.79 B	4.24 B	558.82 M	4.12 B	2.05 B	1.8 B	943.18 M	1.48 B
Working Capital	6.07 B	498.64 M	2.12 B	2.42 B	(980.49 M)	N/A	1.65 B	N/A	510.53 M
Gross Profit	1.67 B	315.35 M	827.68 M	797.16 M	1.16 B	N/A	238.4 M	1.18 B	200.3 M
Day Typical Price	44.75	13.2	14.38	27.3	9.48	11.85	5.28	11.8	18.82
Accumulation Distribution	641958.0	278152.0	471616.0	270120.0	565672.0	47993.69	489734.0	248657.0	95904.82
Daily Balance Of Power	(0.67)	0.8438	(0.12)	(0.1)	0.0938	1.103448	0.1875	(0.07)	0.3433
Period Momentum Indicator	(1.51)	0.54	(0.07)	(0.08)	0.03	0.32	0.03	(0.03)	0.23
Rate Of Daily Change	0.97	1.04	1.0	1.0	1.0	1.03	1.01	1.0	1.01
Day Median Price	44.83	13.09	14.36	27.32	9.46	11.81	5.26	11.79	18.77
Price Action Indicator	(0.99)	0.59	0.015	(0.09)	0.075	0.3	0.065	0.04	0.28
Relative Strength Index	57.23	63.35	58.32	60.71	69.83	63.63	64.79	59.8	74.49
Coefficient Of Variation	841.95	577.6	547.42	878.3	461.55	838.51	528.76	912.38	806.61
Mean Deviation	2.46	2.14	3.23	2.91	2.03	2.24	2.36	2.74	2.92
Jensen Alpha	0.5279	0.5368	0.8136	0.5534	0.6219	0.5054	0.6305	0.5706	0.5898
Total Risk Alpha	(0.16)	0.0379	0.0981	(0.21)	0.1505	(0.14)	0.0948	(0.22)	(0.15)
Sortino Ratio	0.1259	0.1511	0.1651	0.1002	0.1848	0.0825	0.1729	0.1059	0.1042
Downside Variance	7.42	7.0	15.65	14.9	6.12	11.48	8.22	11.5	14.6
Standard Deviation	3.99	3.06	4.29	4.55	2.71	3.44	3.31	4.47	4.27
Kurtosis	8.27	2.43	0.3092	4.45	0.6229	3.9	1.5	7.26	4.56
Potential Upside	6.08	4.75	9.99	11.04	4.51	6.72	8.28	7.48	7.91
Treynor Ratio	(0.87)	(3.86)	(2.35)	(1.34)	(1.58)	(0.46)	(5.31)	(0.64)	(0.88)
Maximum Drawdown	29.34	15.68	18.64	31.89	14.18	23.15	16.92	29.06	26.85
Variance	15.9	9.39	18.41	20.67	7.36	11.83	10.97	19.97	18.2
Market Risk Adjusted Performance	(0.86)	(3.85)	(2.34)	(1.33)	(1.57)	(0.45)	(5.30)	(0.63)	(0.87)
Risk Adjusted Performance	0.0992	0.1403	0.1483	0.0956	0.1733	0.0992	0.1527	0.0923	0.1033
Skewness	1.85	0.9426	0.3774	0.4804	0.2288	0.3381	0.7385	2.0	0.1325
Semi Deviation	2.32	2.12	3.33	3.41	1.86	3.04	2.26	2.7	3.42
Information Ratio	0.086	0.1305	0.1522	0.0851	0.1684	0.0812	0.1496	0.0803	0.0933
Value At Risk	(3.72)	(4.22)	(6.24)	(4.44)	(4.06)	(4.70)	(4.01)	(5.11)	(4.45)
Expected Short fall	(3.20)	(2.34)	(3.45)	(3.38)	(2.35)	(2.33)	(2.67)	(3.01)	(3.51)
Downside Deviation	2.72	2.65	3.96	3.86	2.47	3.39	2.87	3.39	3.82
Semi Variance	5.39	4.48	11.11	11.64	3.47	9.21	5.1	7.28	11.69

Western Superconducting Competition Performance Charts

Five steps to successful analysis of Western Superconducting Competition

Western Superconducting'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 Western Superconducting in relation to its competition. Western Superconducting's competition analysis typically involves several steps, including:

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

In addition to having Western Superconducting 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 Electronics Thematic Idea Now

Electronics

Companies manufacturing electronic appliances and goods. The Electronics theme has 44 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 Electronics Theme or any other thematic opportunities.

View All Next

Launch

Other Information on Investing in Western Stock

Western Superconducting financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Superconducting security.

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

Western Competitors

Specify up to 10 symbols:

Western Superconducting Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Western Superconducting and related stocks such as Fuda Alloy Materials, Northking Information, and Sinofibers Technology Net Income description

Western Superconducting Competitive Analysis

Western Superconducting Competition Performance Charts

Five steps to successful analysis of Western Superconducting Competition

Complement your Western Superconducting position

Did You Try This Idea?

Run Electronics Thematic Idea Now

Electronics

Other Information on Investing in Western Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY