Armstrong Competitors
AFIIQDelisted Stock | USD 0.01 0.00 0.00% |
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Armstrong Flooring Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Armstrong Flooring and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Armstrong 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 Armstrong Flooring does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Armstrong OTC Stock performing well and Armstrong Flooring OTC Stock 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 Armstrong Flooring'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 | ||
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TVPKF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
TPRKY | 1.74 | (0.23) | 0.00 | 0.86 | 0.00 | 2.64 | 16.75 | |||
AWI | 0.93 | 0.26 | 0.24 | 0.35 | 0.56 | 2.35 | 5.22 | |||
APOG | 1.90 | 0.19 | 0.17 | 0.19 | 1.58 | 3.73 | 28.75 | |||
NX | 1.98 | 0.10 | 0.03 | 0.22 | 2.56 | 4.43 | 32.55 | |||
AZEK | 1.33 | 0.16 | 0.09 | 0.27 | 1.44 | 3.48 | 9.05 | |||
BECN | 1.73 | 0.23 | 0.14 | 0.27 | 1.53 | 3.74 | 11.44 | |||
JBI | 2.05 | (0.75) | 0.00 | (0.27) | 0.00 | 3.00 | 33.52 | |||
ROCK | 1.44 | (0.07) | (0.01) | 0.05 | 1.63 | 2.88 | 8.68 |
Armstrong Flooring Competitive Analysis
The better you understand Armstrong Flooring competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Armstrong Flooring'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 Armstrong Flooring'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 |
Armstrong Flooring Competition Performance Charts
Five steps to successful analysis of Armstrong Flooring Competition
Armstrong Flooring'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 Armstrong Flooring in relation to its competition. Armstrong Flooring's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Armstrong Flooring 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 Armstrong Flooring's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Armstrong Flooring, 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.
Complement your Armstrong Flooring position
In addition to having Armstrong Flooring 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 Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Armstrong OTC Stock
If you are still planning to invest in Armstrong Flooring check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Armstrong Flooring's history and understand the potential risks before investing.
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