Applied Competitors
| AAOI Stock | USD 47.91 3.61 8.15% |
Applied Opt vs Sonos Correlation
Very good diversification
The correlation between Applied Opt and SONO is -0.36 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Applied Opt and SONO in the same portfolio, assuming nothing else is changed.
Moving together with Applied Stock
Moving against Applied Stock
The Applied Opt's current Return On Tangible Assets is estimated to increase to -0.38. The Applied Opt's current Return On Capital Employed is estimated to increase to -0.21. As of now, Applied Opt's Net Tangible Assets are increasing as compared to previous years. The Applied Opt's current Fixed Asset Turnover is estimated to increase to 1.67, while Total Assets are projected to decrease to under 367.4 M.Applied Opt Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Applied Opt 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 Applied 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 Applied Opt does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Applied Stock performing well and Applied Opt 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 Applied Opt'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DQ | 2.64 | (0.32) | 0.00 | (0.61) | 0.00 | 6.54 | 20.89 | |||
| KLIC | 2.34 | 0.92 | 0.45 | 0.84 | 1.20 | 6.16 | 13.91 | |||
| VSH | 2.28 | 0.17 | 0.09 | 0.18 | 2.27 | 6.56 | 11.64 | |||
| MXL | 2.75 | 0.29 | 0.11 | 0.22 | 3.34 | 7.94 | 18.71 | |||
| VECO | 2.14 | (0.08) | 0.01 | 0.05 | 2.61 | 5.33 | 13.14 | |||
| PGY | 3.95 | (1.03) | 0.00 | (0.21) | 0.00 | 8.51 | 22.52 | |||
| POWI | 1.84 | 0.13 | 0.07 | 0.17 | 2.27 | 4.95 | 10.65 | |||
| LASR | 3.31 | 0.80 | 0.19 | 0.49 | 4.12 | 6.76 | 26.91 | |||
| UCTT | 3.23 | 0.88 | 0.28 | 0.47 | 2.95 | 8.03 | 17.36 | |||
| SONO | 1.77 | (0.02) | 0.00 | 0.07 | 2.04 | 5.13 | 11.06 |
Cross Equities Net Income Analysis
Compare Applied Opt and related stocks such as Daqo New Energy, Kulicke and Soffa, and Vishay Intertechnology Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DQ | (47.5 K) | 33.3 M | (111.9 M) | (70.9 M) | 16.6 M | 13 M | 43.5 M | 92.8 M | 38.1 M | 29.5 M | 129.2 M | 756.2 M | 1.8 B | 429.5 M | (345.2 M) | (397 M) | (377.1 M) |
| KLIC | (500 K) | 160.6 M | 59.4 M | 63 M | 50.6 M | 47.1 M | 112 M | 56.7 M | 11.7 M | 52.3 M | 367.2 M | 433.5 M | 57.1 M | (69 M) | 213 K | 244.9 K | 232.7 K |
| VSH | 9.3 M | 238.8 M | 122.7 M | 123 M | 117.6 M | (108.5 M) | 48.8 M | (20.3 M) | 345.8 M | 163.9 M | 122.9 M | 298 M | 428.8 M | 323.8 M | (31.1 M) | (9 M) | (8.5 M) |
| MXL | (8.7 M) | (22 M) | (13.3 M) | (12.7 M) | (7 M) | (42.3 M) | 61.3 M | (9.2 M) | (26.2 M) | (19.9 M) | (98.6 M) | 42 M | 125 M | (73.1 M) | (245.2 M) | (136.7 M) | (129.8 M) |
| VECO | (400 K) | 128 M | 30.9 M | (42.3 M) | (66.9 M) | (32 M) | (122.2 M) | (44.8 M) | (407.1 M) | (78.7 M) | (8.4 M) | 26 M | 166.9 M | (30.4 M) | 73.7 M | 66.3 M | 69.7 M |
| PGY | (5.6 M) | (5.6 M) | (5.6 M) | (5.6 M) | (5.6 M) | (5.6 M) | (5.6 M) | (5.6 M) | (5.6 M) | (5.6 M) | 14.5 M | (91.2 M) | (302.3 M) | (128.4 M) | (401.4 M) | (361.3 M) | (343.2 M) |
| POWI | (1.3 M) | 34.3 M | (34.4 M) | 57.3 M | 59.5 M | 39.1 M | 47.9 M | 27.6 M | 70 M | 193.5 M | 71.2 M | 164.4 M | 170.9 M | 55.7 M | 32.2 M | 22.1 M | 21 M |
| LASR | (14.2 M) | (14.2 M) | (14.2 M) | (14.2 M) | (14.2 M) | (14.2 M) | (14.2 M) | 1.8 M | 13.9 M | (12.9 M) | (20.9 M) | (29.7 M) | (54.6 M) | (41.7 M) | (60.8 M) | (54.7 M) | (52 M) |
| UCTT | 8.7 M | 23.7 M | 5.2 M | 10.4 M | 11.4 M | (10.7 M) | 10.1 M | 75.1 M | 36.6 M | (9.4 M) | 77.6 M | 119.5 M | 40.4 M | (31.1 M) | 23.7 M | 27.3 M | 16.8 M |
| SONO | (38.2 M) | (38.2 M) | (38.2 M) | (38.2 M) | (38.2 M) | (38.2 M) | (14.2 M) | (15.6 M) | (4.8 M) | (20.1 M) | 158.6 M | 67.4 M | (10.3 M) | (38.1 M) | (61.1 M) | (70.3 M) | (66.8 M) |
Applied Opt and related stocks such as Daqo New Energy, Kulicke and Soffa, and Vishay Intertechnology Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Applied Opt financial statement analysis. It represents the amount of money remaining after all of Applied Opt operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Applied Opt Competitive Analysis
The better you understand Applied Opt competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Applied Opt'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 Applied Opt'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 |
Applied Opt Competition Performance Charts
Five steps to successful analysis of Applied Opt Competition
Applied Opt'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 Applied Opt in relation to its competition. Applied Opt's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Applied Opt 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 Applied Opt's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Applied Opt, 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.
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Check out Applied Opt Correlation with its peers. For more detail on how to invest in Applied Stock please use our How to Invest in Applied Opt guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is there potential for Communications Equipment market expansion? Will Applied introduce new products? Factors like these will boost the valuation of Applied Opt. If investors know Applied will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Applied Opt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.74) | Revenue Per Share | Quarterly Revenue Growth 0.821 | Return On Assets | Return On Equity |
Investors evaluate Applied Opt using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Applied Opt's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Applied Opt's market price to deviate significantly from intrinsic value.
Understanding that Applied Opt's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Applied Opt represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Applied Opt's market price signifies the transaction level at which participants voluntarily complete trades.