Ideal Competitors

Stocks . Taiwan . 
Stock . Ideal Bike
8933 Stock  TWD 7.25  0.22  2.95%   
Ideal Bike competes with Shan Loong, Universal Textile, FarGlory Hotel, Kwang Ming, and Li Cheng; as well as few others. The company operates under Consumer Cyclical sector and is part of Leisure industry. Analyzing Ideal Bike 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 Ideal Bike to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Ideal Bike Correlation with its peers.

Ideal Bike vs An Shin Correlation

Good diversification

The correlation between Ideal Bike and 1259 is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ideal Bike and 1259 in the same portfolio, assuming nothing else is changed.

Moving together with Ideal Stock

  0.646670 Fusheng PrecisionPairCorr

Moving against Ideal Stock

  0.426768 Sports GearPairCorr
  0.418462 Power Wind HealthPairCorr
  0.392881A Fubon Financial HoldingPairCorr
  0.362881B Fubon Financial HoldingPairCorr
  0.318478 Alexander MarinePairCorr
Hype
Prediction
LowEstimatedHigh
4.017.2510.49
Details
Intrinsic
Valuation
LowRealHigh
4.818.0511.29
Details
Naive
Forecast
LowNextHigh
3.897.1410.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.826.838.84
Details

Ideal Bike Competition Correlation Matrix

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

High positive correlations

4426
+ 0.84
1445
4426
+ 0.78
2255
2255
+ 0.75
2712
4426
+ 0.69
2712
4426
+ 0.67
2616
1445
+ 0.65
2616
  

High negative correlations

2249
- 0.8
2712
2249
- 0.78
2255
2249
- 0.5
4426
1259
- 0.3
2616
1259
- 0.26
1338
1338
- 0.21
2249

Risk-Adjusted Indicators

There is a big difference between Ideal Stock performing well and Ideal Bike 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 Ideal Bike'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
2616  0.50 (0.05) 0.00 (0.51) 0.00 
 0.00 
 1.83 
(1.10)
 3.66 
1445  1.24  0.03 (0.03)(0.05) 1.28 
(1.81)
 2.86 
(2.40)
 12.11 
2712  0.70 (0.14) 0.00  14.39  0.00 
 0.00 
 2.08 
(1.82)
 4.91 
2255  1.59 (0.48) 0.00  2.97  0.00 
 0.00 
 3.23 
(4.18)
 8.86 
4420  0.40 (0.02) 0.00 (0.24) 0.00 
 0.00 
 0.79 
(0.98)
 2.37 
4426  0.76 (0.10) 0.00 (0.19) 0.00 
 0.00 
 1.50 
(1.33)
 14.19 
2249  1.56  0.66  0.47 (4.63) 0.55 
(1.96)
 5.06 
(1.80)
 17.20 
1338  0.78 (0.14) 0.00 (0.33) 0.00 
 0.00 
 1.50 
(1.46)
 7.72 
2937  0.84  0.02 (0.02)(0.24) 1.27 
(1.09)
 2.36 
(2.27)
 8.13 
1259  0.74  0.03  0.00  0.17  0.89 
(1.35)
 2.58 
(1.75)
 8.08 

Ideal Bike Competitive Analysis

The better you understand Ideal Bike competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ideal Bike'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 Ideal Bike'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
8933 2616 1445 2712 2255 4420 4426 2249 1338 2937
 2.95 
 7.25 
Ideal
 1.08 
 13.70 
Shan
 0.69 
 14.35 
Universal
 0.57 
 17.50 
FarGlory
 1.17 
 21.70 
JET
 0.40 
 50.40 
Kwang
 0.10 
 9.65 
4426
 0.39 
 128.50 
Young
 0.25 
 20.00 
Hiroca
 0.23 
 44.00 
Gseven
Market Volatility
(90 Days Market Risk)
Somewhat reliable
Very steady
Not too volatile
Very steady
Not too volatile
Very steady
Not too volatile
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Fair
Weakest
Weak
Weakest
Weakest
Weakest
Weakest
Solid
Weakest
Weakest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Small
Low
Unknown
Low
Small
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Over Valued
Under 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
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Sell
Strong Sell
Buy
Strong Sell
Strong Sell
Sell
Hold
Strong Sell
Strong Sell
Current Ratio
N/A
0.88
5.72
0.24
N/A
N/A
2.12
1.48
2.32
1.77
Net Asset
5.23 B
10.35 B
2.01 B
1.45 B
N/A
2.71 B
4.96 B
N/A
11.71 B
2.53 B
Profit Margin
0.0661
0.0146
-0.0048
0.013
N/A
0.0081
-0.18
4.09
0.0352
0.0378
EBITDA
211.4 M
1.03 B
11.79 M
33.24 M
N/A
172.46 M
(66.31 M)
149.71 M
1.1 B
172.76 M
Operating Margin
0.0612
0.0088
-0.0431
0.021
N/A
0.045
-0.28
5.13
0.0396
0.0474
Current Valuation
6.84 B
6.95 B
1.91 B
3.63 B
N/A
2.56 B
6.27 B
1.32 B
4.17 B
1.93 B
Price To Book
2.26
0.93
1.31
2.88
N/A
1.05
1.73
2.08
0.59
1.84
Retained Earnings
N/A
1.38 B
305 M
N/A
N/A
N/A
1.1 B
N/A
2.56 B
N/A
Current Asset
N/A
1.73 B
1.09 B
N/A
N/A
N/A
1.08 B
N/A
5.3 B
N/A
Five Year Return
N/A
6.51
4.02
2.67
N/A
N/A
1.02
N/A
4.05
3.01
Beta
1.09
0.19
0.21
-0.0252
N/A
0.34
0.69
N/A
0.75
0.26
Number Of Employees
18
19
11
321
N/A
144
12
N/A
15
16
Shares Outstanding
301.7 M
142.93 M
130.67 M
105 M
N/A
40.45 M
172.68 M
20 M
83.84 M
37.25 M
Cash Flow From Operations
(521.07 M)
1.33 B
(152.2 M)
32.26 M
N/A
258.24 M
(153.26 M)
(118.41 M)
406.32 M
38.11 M
Annual Yield
N/A
0.0801
0.0129
0.0209
N/A
0.0669
0.0236
N/A
0.0558
0.0615
Total Debt
162.33 M
227.05 M
980 K
35.7 M
N/A
1.08 B
1.5 B
363.13 M
1.2 B
N/A
Return On Equity
0.17
0.0555
-0.0044
0.0051
N/A
0.0064
-0.0714
17.19
0.0432
0.2
Z Score
17.4
12.4
N/A
59.4
N/A
0.6
1.8
1.8
1.8
1.0
Return On Asset
0.0371
0.0107
-0.0199
0.0039
N/A
0.0103
-0.0386
6.05
0.0177
0.0518
Book Value Per Share
7.89
34.62
12.19
11.46
N/A
28.72
15.61
27.44
78.25
20.33
Current Liabilities
N/A
1.96 B
210 M
N/A
N/A
N/A
692 M
N/A
2.15 B
N/A
Total Asset
5.23 B
10.35 B
2.01 B
1.45 B
N/A
2.71 B
4.96 B
N/A
11.71 B
2.53 B
Debt To Equity
N/A
52.8
N/A
9.6
N/A
N/A
0.64
0.59
24.2
0.44
Last Dividend Paid
N/A
2.5
N/A
N/A
N/A
2.0
N/A
2.5
2.5
2.25
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
146.0
N/A
Shares Owned By Institutions
0.03
1.39
N/A
2.68
N/A
N/A
3.24
N/A
5.23
N/A
Market Capitalization
4.81 B
4.42 B
2.07 B
3.54 B
N/A
1.21 B
4.56 B
1.14 B
3.76 B
1.36 B
Price To Earning
N/A
15.87
94.0
163.38
N/A
N/A
39.2
11.95
12.53
13.16
Price To Sales
0.87
0.23
1.43
7.26
N/A
1.28
4.01
0.48
0.47
0.36
Net Income
82.59 M
415.51 M
(25.19 M)
(20.74 M)
N/A
82.61 M
(371.57 M)
97.28 M
339.07 M
117.19 M
Earnings Per Share
1.19
2.05
-0.098
0.06
N/A
0.19
-2.31
4.77
3.29
3.22
Shares Owned By Insiders
45.22
46.42
53.6
89.11
N/A
67.59
49.21
N/A
32.23
69.64
Revenue
4.61 B
18.81 B
1.25 B
350.97 M
N/A
916.84 M
642.9 M
2.38 B
7.31 B
3.19 B
Working Capital
N/A
(228 M)
878 M
N/A
N/A
N/A
393 M
N/A
3.16 B
N/A
Cash And Equivalents
N/A
1.03 B
229.29 M
22.42 M
N/A
N/A
978.04 M
170.23 M
2.9 B
194.29 M
Cash Per Share
N/A
7.56
1.73
0.21
N/A
N/A
5.66
8.5
34.64
5.91
Gross Profit
544.04 M
1.79 B
84.08 M
68.05 M
N/A
128.87 M
(269.18 M)
253.44 M
1.54 B
809.14 M
Day Typical Price
7.3
13.7
14.27
17.5
21.7
50.53
9.68
128.0
20.0
44.0
Accumulation Distribution
15249.21
2953.27
1216.54
N/A
213.33
241.06
6148.77
10722.6
2238.55
N/A
Market Facilitation Index
0.0
0.0
0.0
N/A
1.0E-4
0.0
0.0
0.0
0.0
N/A
Daily Balance Of Power
(0.92)
(0.38)
(0.29)
9.2 T
0.4167
(0.50)
0.0345
(0.09)
(0.25)
0
Period Momentum Indicator
(0.22)
(0.15)
(0.10)
0.1
0.25
(0.20)
0.01
(0.50)
(0.05)
(0.10)
Rate Of Daily Change
0.97
0.99
0.99
1.01
1.01
1.0
1.0
1.0
1.0
1.0
Day Median Price
7.33
13.7
14.23
17.5
21.7
50.6
9.7
127.75
20.0
44.0
Price Action Indicator
(0.19)
(0.07)
0.075
0.05
0.13
(0.30)
(0.04)
0.5
(0.03)
(0.05)
Relative Strength Index
56.28
48.77
57.85
35.1
41.73
49.24
50.51
76.0
42.82
50.8
Coefficient Of Variation
905.3
(2,092)
8401.39
(789.20)
(453.69)
(11,735)
(2,520)
385.51
(1,026)
5878.6
Mean Deviation
1.84
0.4971
1.24
0.7024
1.59
0.403
0.7566
1.56
0.7799
0.8416
Jensen Alpha
0.314
(0.05)
0.0262
(0.14)
(0.48)
(0.02)
(0.1)
0.662
(0.14)
0.0151
Total Risk Alpha
0.1152
(0.1)
(0.12)
(0.21)
(0.65)
(0.05)
(0.19)
0.4737
(0.20)
(0.08)
Sortino Ratio
0.1166
N/A
(0.03)
N/A
N/A
N/A
N/A
0.4713
N/A
(0.02)
Downside Variance
6.03
N/A
1.95
N/A
N/A
N/A
N/A
1.64
N/A
2.76
Standard Deviation
3.15
0.7355
1.9
1.01
2.19
0.5357
1.64
2.56
1.13
1.32
Kurtosis
4.91
2.8
9.62
2.06
1.16
0.6803
21.79
12.76
4.98
3.69
Potential Upside
9.89
1.83
2.86
2.08
3.23
0.7937
1.5
5.06
1.5
2.36
Treynor Ratio
0.7355
(0.51)
(0.05)
14.39
2.97
(0.24)
(0.19)
(4.63)
(0.33)
(0.24)
Maximum Drawdown
19.68
3.66
12.11
4.91
8.86
2.37
14.19
17.2
7.72
8.13
Variance
9.9
0.541
3.63
1.02
4.81
0.2869
2.7
6.57
1.27
1.74
Market Risk Adjusted Performance
0.7455
(0.50)
(0.04)
14.4
2.98
(0.23)
(0.18)
(4.62)
(0.32)
(0.23)
Risk Adjusted Performance
0.0879
(0.03)
0.0148
(0.09)
(0.15)
(0.01)
(0.02)
0.1955
(0.07)
0.0168
Skewness
1.17
1.01
2.14
0.119
0.5013
0.2238
3.12
2.99
1.13
(0.80)
Semi Deviation
1.96
N/A
1.28
N/A
N/A
N/A
N/A
0.5461
N/A
1.27
Information Ratio
0.091
(0.13)
(0.02)
(0.19)
(0.25)
(0.12)
(0.08)
0.2355
(0.15)
(0.03)
Value At Risk
(2.86)
(1.10)
(2.40)
(1.82)
(4.18)
(0.98)
(1.33)
(1.80)
(1.46)
(2.27)
Expected Short fall
(2.49)
N/A
(1.81)
N/A
N/A
N/A
N/A
(1.96)
N/A
(1.09)
Downside Deviation
2.45
N/A
1.4
N/A
N/A
N/A
N/A
1.28
N/A
1.66
Semi Variance
3.86
N/A
1.65
N/A
N/A
N/A
N/A
0.2982
N/A
1.61

Ideal Bike Competition Performance Charts

Five steps to successful analysis of Ideal Bike Competition

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

In addition to having Ideal Bike 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 Millennials Best Thematic Idea Now

Millennials Best
Millennials Best Theme
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 50 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 Millennials Best Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Ideal Stock Analysis

When running Ideal Bike's price analysis, check to measure Ideal Bike'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 Ideal Bike is operating at the current time. Most of Ideal Bike's value examination focuses on studying past and present price action to predict the probability of Ideal Bike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ideal Bike's price. Additionally, you may evaluate how the addition of Ideal Bike 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
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY