Array Competitors
| AD Stock | 49.61 0.69 1.41% |
Array Digital vs Globalstar Common Correlation
Modest diversification
The correlation between Array Digital Infrastructure and GSAT is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Array Digital Infrastructure and GSAT in the same portfolio, assuming nothing else is changed.
Moving together with Array Stock
Moving against Array Stock
| 0.8 | TMUS | T Mobile | PairCorr |
| 0.78 | AMX | America Movil SAB | PairCorr |
| 0.59 | VLCN | Volcon Inc Symbol Change | PairCorr |
| 0.5 | SURG | Surgepays | PairCorr |
| 0.49 | BRK-A | Berkshire Hathaway | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Array Digital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Array Digital Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Array Digital 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 Array 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 Array Digital Infras 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 Array Stock performing well and Array Digital 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 Array Digital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TDS | 1.27 | 0.25 | 0.15 | 0.37 | 1.25 | 2.81 | 8.49 | |||
| PHTCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LBTYK | 1.23 | (0.04) | (0.04) | 0.00 | 1.29 | 3.01 | 6.17 | |||
| TOWTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GSAT | 3.85 | 0.16 | 0.06 | 0.11 | 4.33 | 7.44 | 24.72 |
Cross Equities Net Income Analysis
Compare Array Digital Infras and related stocks such as Telephone and Data, PLDT Inc, and Liberty Global PLC Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TDS | 8.6 M | 200.6 M | 81.9 M | 141.9 M | (136.4 M) | 219 M | 43 M | 153 M | 135 M | 121 M | 226 M | 156 M | 62 M | (500 M) | (28 M) | (25.2 M) | (23.9 M) |
| LBTYK | (129.7 M) | (772.7 M) | (648.4 M) | (963.9 M) | (695 M) | (1.2 B) | 1.7 B | (2.8 B) | 725.3 M | 11.5 B | (1.6 B) | 13.4 B | 1.5 B | (4.1 B) | 1.6 B | 1.8 B | 1.1 B |
| GSAT | (575.5 M) | (54.9 M) | (112.2 M) | (591.1 M) | (462.9 M) | 72.3 M | (132.6 M) | (89.1 M) | (6.5 M) | 15.3 M | (109.6 M) | (112.6 M) | (256.9 M) | (24.7 M) | (63.2 M) | (72.6 M) | (76.3 M) |
Array Digital Infras and related stocks such as Telephone and Data, PLDT Inc, and Liberty Global PLC Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Array Digital Infras financial statement analysis. It represents the amount of money remaining after all of Array Digital Infrastructure operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Array Digital Competitive Analysis
The better you understand Array Digital competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Array Digital'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 Array Digital'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 |
Array Digital Competition Performance Charts
Five steps to successful analysis of Array Digital Competition
Array Digital'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 Array Digital Infras in relation to its competition. Array Digital's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Array Digital 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 Array Digital's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Array Digital Infras, 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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Will Wireless Telecommunication Services sector continue expanding? Could Array diversify its offerings? Factors like these will boost the valuation of Array Digital. If investors know Array will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Array Digital data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.821 | Earnings Share (0.29) | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets |
Understanding Array Digital Infras requires distinguishing between market price and book value, where the latter reflects Array's accounting equity. The concept of intrinsic value - what Array Digital's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Array Digital's price substantially above or below its fundamental value.
Understanding that Array Digital's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Array Digital represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Array Digital's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.