ALLURION Competitors

Stocks USA . 
Stock . ALLURION TECHNOLOGIES INC
ALLURION TECHNOLOGIES INC competes with Edwards Lifesciences, Outset Medical, Venus Concept, DexCom, and Varex Imaging; as well as few others. Analyzing ALLURION TECHNOLOGIES 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 ALLURION TECHNOLOGIES to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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 ALLURION TECHNOLOGIES competition on your existing holdings.
  
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ALLURION TECHNOLOGIES Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ALLURION TECHNOLOGIES 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 ALLURION 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 ALLURION TECHNOLOGIES INC does not affect the price movement of the other competitor.
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High positive correlations   
ELMD
+ 0.93
VREX
ELMD
+ 0.86
DXCM
VVOS
+ 0.84
OM
DXCM
+ 0.83
EW
VREX
+ 0.83
DXCM
DXCM
+ 0.81
OM
  
High negative correlations   
ELMD
- 0.79
VERO
VREX
- 0.75
VERO
ECOR
- 0.7
VERO
DXCM
- 0.66
VERO
VERO
- 0.61
OM
ELUT
- 0.55
VTAK

Risk-Adjusted Indicators

There is a big difference between ALLURION Stock performing well and ALLURION TECHNOLOGIES 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 ALLURION TECHNOLOGIES'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
EW  1.18  0.09  0.04  0.41  1.23 
(1.26)
 3.14 
(1.58)
 8.58 
OM  5.39  1.21  0.23  1.18  4.39 
(7.17)
 15.09 
(8.26)
 37.93 
VERO  6.99 (0.19) 0.00 (0.55) 0.00 
 0.00 
 14.71 
(13.79)
 94.50 
DXCM  1.52  0.15  0.07  0.48  1.47 
(1.75)
 4.07 
(2.43)
 9.45 
VREX  1.83  0.36  0.18  0.33  1.63 
(2.09)
 5.91 
(2.73)
 15.21 
VTAK  6.49  0.24  0.03  0.22  6.76 
(10.54)
 11.63 
(9.68)
 136.36 
ECOR  4.21  1.43  0.24 (1.98) 4.60 
(5.09)
 10.06 
(6.97)
 31.25 
VVOS  4.95  1.04  0.16  6.04  5.15 
(5.91)
 9.52 
(6.90)
 69.53 
ELMD  2.22  0.62  0.27  0.74  1.87 
(2.72)
 5.76 
(3.70)
 14.24 
ELUT  2.94 (0.05)(0.01) 0.02  3.53 
(3.64)
 4.83 
(6.42)
 28.39 
All Fundamental Data

ALLURION TECHNOLOGIES Competitive Analysis

The better you understand ALLURION TECHNOLOGIES competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ALLURION TECHNOLOGIES'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 ALLURION TECHNOLOGIES'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
EW OM VERO DXCM VREX VTAK ECOR VVOS ELMD ELUT
 1.77 
 72.81 
Edwards
 0.99 
 1.02 
Outset
 6.06 
 0.31 
Venus
 3.26 
 75.26 
DexCom
 5.87 
 14.27 
Varex
 3.53 
 0.33 
Catheter
 11.06 
 15.47 
Electrocore
 7.35 
 4.54 
Vivos
 3.98 
 27.00 
Electromed
 8.47 
 3.78 
Elutia
Market Volatility
(90 Days Market Risk)
Very steady
Very risky
Dangerous
Very steady
Not too volatile
Abnormally volatile
Somewhat reliable
Very risky
Very steady
Unstable
Market Performance
(90 Days Performance)
OK
Good
Very Weak
Modest
Good
Weak
Solid
Good
Good
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Quite High
Very High
Very Small
Below Average
Very High
Low
Quite High
Very Low
Very High
Current Valuation
(Equity Enterprise Value)
Under Valued
Under Valued
Under Valued
Under Valued
Under Valued
Under Valued
Fairly Valued
Over Valued
Under Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Buy
Strong Buy
Hold
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Buy
Strong Hold
Strong Buy
Strong Buy
Strong Hold
Cautious Hold
Hold
Strong Buy
Buy
Current Ratio
3.83
6.24
2.74
3.77
3.44
N/A
5.16
3.15
4.83
N/A
Net Asset
9.36 B
313.8 M
93.65 M
6.26 B
1.22 B
30.74 M
16.1 M
10.73 M
52.23 M
43.43 M
Profit Margin
0.66
-1.23
-0.72
0.17
0.0411
N/A
-0.67
-0.86
0.0941
-2.61
EBITDA
1.53 B
(153.79 M)
(26.11 M)
916.7 M
67.2 M
(15.11 M)
(17.76 M)
(16.68 M)
7.42 M
(31.92 M)
Operating Margin
0.29
-0.83
-0.34
0.15
0.0445
-29.22
-0.42
-0.48
0.16
-0.99
Current Valuation
39.85 B
82.15 M
36.26 M
29.94 B
894.21 M
3.44 M
84.69 M
19.27 M
226.51 M
140.13 M
Price To Book
4.57
1.16
0.24
15.08
1.17
0.22
9.9
3.12
5.79
N/A
Retained Earnings
8.99 B
(961.75 M)
(261.9 M)
1.02 B
70.4 M
(275.71 M)
(165.2 M)
(93.05 M)
23.67 M
(175.64 M)
Current Asset
2.05 B
N/A
N/A
231.3 M
388.51 M
N/A
21.97 M
N/A
15.82 M
N/A
Beta
1.12
1.95
0.64
1.17
0.54
N/A
0.56
7.68
0.26
0.76
Number Of Employees
19.8 K
480
304
9.5 K
2.3 K
14
68
114
174
54
Shares Outstanding
589.8 M
52.54 M
7.26 M
390.6 M
41.1 M
8 M
6.55 M
4.84 M
8.46 M
30.25 M
Cash Flow From Operations
895.8 M
(131.37 M)
(12.86 M)
748.5 M
47.3 M
(20.62 M)
(14.67 M)
(11.95 M)
9.07 M
(21.76 M)
Total Debt
694.9 M
136.19 M
79.7 M
2.59 B
470.4 M
372 K
626 K
2 M
87 K
23.95 M
Return On Equity
0.19
-1.41
-4.64
0.32
0.0609
-0.5
-1.53
-2.85
0.13
N/A
Return On Asset
0.11
-0.27
-0.19
0.0606
0.0231
-0.22
-0.49
-0.57
0.0839
-0.29
Number Of Shares Shorted
8.58 M
2.8 M
102.4 K
8.42 M
1.66 M
183.68 K
67.01 K
114.84 K
145.28 K
105.35 K
Book Value Per Share
16.18
0.91
-2.53
5.07
14.22
30.16
1.24
0.22
5.16
-1.66
Current Liabilities
476.2 M
N/A
N/A
66.9 M
120.44 M
N/A
5.85 M
N/A
3.07 M
N/A
Total Asset
9.36 B
313.8 M
93.65 M
6.26 B
1.22 B
30.74 M
16.1 M
10.73 M
52.23 M
43.43 M
Debt To Equity
0.11
0.13
7.84
1.17
0.83
N/A
0.026
0.11
0.003
N/A
Short Ratio
1.8
2.94
0.69
2.11
3.78
0.02
0.54
0.66
2.66
3.32
Target Price
79.23
4.0
10.6
96.1
22.2
41.0
26.5
6.3
33.0
9.0
Shares Owned By Institutions
85.88
52.1
27.03
97.16
99.11
4.66
16.1
13.72
36.06
71.62
Market Capitalization
43.72 B
55.69 M
2.31 M
30.39 B
624.31 M
3.76 M
93.6 M
23.93 M
237.84 M
142.74 M
Price To Earning
32.77
N/A
N/A
245.31
33.13
N/A
-4.71
N/A
23.66
N/A
Price To Earnings To Growth
6.79
0.06
N/A
1.19
6.3
N/A
N/A
N/A
N/A
N/A
Price To Sales
6.92
0.49
0.033
7.69
0.75
6.49
4.4
1.71
4.35
5.71
Net Income
1.4 B
(172.8 M)
(37.05 M)
541.5 M
(47.2 M)
(70.57 M)
(18.83 M)
(13.58 M)
5.15 M
(37.66 M)
Earnings Per Share
2.59
-2.74
-7.97
1.65
-1.17
30.61
-1.7
-4.99
0.72
-2.35
Shares Owned By Insiders
0.91
2.11
6.07
0.31
4.97
13.52
25.02
1.51
27.7
6.97
Revenue
6 B
130.38 M
76.35 M
3.62 B
811 M
442 K
16.03 M
13.8 M
54.72 M
24.75 M
Working Capital
2.84 B
235.9 M
44.41 M
2.87 B
454 M
1.69 M
6.17 M
(4.83 M)
36.5 M
(11.78 M)
Cash And Equivalents
769 M
227.52 M
6.78 M
2.37 B
99.6 M
N/A
26.33 M
17.83 M
8.15 M
N/A
Cash Per Share
2.81
4.71
0.1
6.14
2.5
N/A
0.37
0.77
0.96
N/A
Gross Profit
4.3 B
17.83 M
74.09 M
1.88 B
283.5 M
N/A
7.21 M
12.6 M
36.52 M
19.22 M
Day Typical Price
73.21
1.03
0.31
75.26
14.27
0.33
15.33
4.65
27.6
3.92
Accumulation Distribution
0.0161
0.0561
7090.64
N/A
N/A
N/A
0.16
0.0697
0.0625
3812.36
Market Facilitation Index
1.19
0.06
N/A
N/A
N/A
N/A
2.66
0.34
1.8
0.0
Daily Balance Of Power
(1.10)
0.1667
(0.67)
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
0.5789
(1.06)
(0.62)
(0.81)
Period Momentum Indicator
(1.31)
0.01
(0.02)
(2.54)
(0.89)
(0.01)
1.54
(0.36)
(1.12)
(0.35)
Rate Of Daily Change
0.98
1.01
0.94
0.97
0.94
0.96
1.11
0.93
0.96
0.92
Day Median Price
73.41
1.04
0.32
75.26
14.27
0.33
15.26
4.71
27.9
3.99
Price Action Indicator
(1.25)
(0.01)
(0.01)
(1.27)
(0.45)
(0.01)
0.98
(0.35)
(1.46)
(0.38)
Coefficient Of Variation
1452.04
599.85
(7,503)
1138.01
575.59
4374.11
406.51
763.77
413.58
11804.82
Mean Deviation
1.18
5.39
6.99
1.52
1.83
6.49
4.21
4.95
2.22
2.94
Jensen Alpha
0.0894
1.21
(0.19)
0.148
0.3604
0.2444
1.43
1.04
0.6203
(0.05)
Total Risk Alpha
(0.03)
0.6583
(1.14)
0.0067
0.2325
(0.86)
0.9334
0.407
0.4479
(0.34)
Sortino Ratio
0.0351
0.2308
N/A
0.069
0.1843
0.0349
0.2433
0.1627
0.2727
(0.01)
Downside Variance
1.73
27.56
N/A
2.56
4.25
61.31
29.76
37.49
5.08
15.33
Standard Deviation
1.65
7.67
12.18
2.03
2.58
14.92
5.67
8.13
2.82
4.61
Kurtosis
3.44
3.59
18.66
1.29
2.1
41.01
1.97
16.38
0.0611
5.8
Potential Upside
3.14
15.09
14.71
4.07
5.91
11.63
10.06
9.52
5.76
4.83
Treynor Ratio
0.4138
1.18
(0.55)
0.4805
0.3271
0.2204
(1.98)
6.04
0.7423
0.0207
Maximum Drawdown
8.58
37.93
94.5
9.45
15.21
136.36
31.25
69.53
14.24
28.39
Variance
2.73
58.88
148.44
4.11
6.64
222.53
32.15
66.03
7.97
21.22
Market Risk Adjusted Performance
0.4238
1.19
(0.54)
0.4905
0.3371
0.2304
(1.97)
6.05
0.7523
0.0307
Risk Adjusted Performance
0.0555
0.1299
(0.0003)
0.0701
0.1331
0.0261
0.187
0.104
0.1827
0.0146
Skewness
1.42
1.57
3.33
1.01
0.9655
5.64
(0.61)
2.59
0.3522
1.63
Semi Deviation
1.23
4.39
N/A
1.47
1.63
6.76
4.6
5.15
1.87
3.53
Information Ratio
0.0279
0.1579
(0.02)
0.0545
0.1475
0.0183
0.2341
0.1226
0.2178
(0.01)
Value At Risk
(1.58)
(8.26)
(13.79)
(2.43)
(2.73)
(9.68)
(6.97)
(6.90)
(3.70)
(6.42)
Expected Short fall
(1.26)
(7.17)
N/A
(1.75)
(2.09)
(10.54)
(5.09)
(5.91)
(2.72)
(3.64)
Downside Deviation
1.32
5.25
N/A
1.6
2.06
7.83
5.46
6.12
2.25
3.92
Semi Variance
1.51
19.29
N/A
2.16
2.66
45.63
21.17
26.57
3.49
12.47

ALLURION TECHNOLOGIES Competition Performance Charts

Five steps to successful analysis of ALLURION TECHNOLOGIES Competition

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

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When running ALLURION TECHNOLOGIES's price analysis, check to measure ALLURION TECHNOLOGIES'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 ALLURION TECHNOLOGIES is operating at the current time. Most of ALLURION TECHNOLOGIES's value examination focuses on studying past and present price action to predict the probability of ALLURION TECHNOLOGIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALLURION TECHNOLOGIES's price. Additionally, you may evaluate how the addition of ALLURION TECHNOLOGIES to your portfolios can decrease your overall portfolio volatility.
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