Amber Competitors
| AMBER Stock | 6,018 33.35 0.55% |
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Amber Enterprises Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Amber Enterprises 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 Amber 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 Amber Enterprises India does not affect the price movement of the other competitor.
| 0.63 | 0.51 | 0.86 | -0.37 | 0.3 | 0.86 | -0.26 | HITECH | ||
| 0.63 | 0.18 | 0.69 | -0.21 | 0.09 | 0.62 | -0.75 | HITECHGEAR | ||
| 0.51 | 0.18 | 0.35 | -0.3 | 0.31 | 0.26 | 0.08 | RCOM | ||
| 0.86 | 0.69 | 0.35 | -0.46 | 0.03 | 0.86 | -0.43 | ELECTCAST | ||
| -0.37 | -0.21 | -0.3 | -0.46 | 0.18 | -0.31 | 0.31 | CAMS | ||
| 0.3 | 0.09 | 0.31 | 0.03 | 0.18 | 0.4 | 0.42 | JSWSTEEL | ||
| 0.86 | 0.62 | 0.26 | 0.86 | -0.31 | 0.4 | -0.2 | JINDALSTEL | ||
| -0.26 | -0.75 | 0.08 | -0.43 | 0.31 | 0.42 | -0.2 | VISASTEEL | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Amber Stock performing well and Amber Enterprises 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 Amber Enterprises' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HITECH | 1.80 | (0.17) | 0.00 | 0.70 | 0.00 | 3.88 | 11.04 | |||
| HITECHGEAR | 1.98 | (0.38) | 0.00 | (0.28) | 0.00 | 3.88 | 9.25 | |||
| RCOM | 1.55 | (0.35) | 0.00 | (0.99) | 0.00 | 4.68 | 10.23 | |||
| ELECTCAST | 2.30 | (0.51) | 0.00 | (1.03) | 0.00 | 3.98 | 19.26 | |||
| CAMS | 1.79 | 0.22 | 0.07 | 0.64 | 2.09 | 3.88 | 12.59 | |||
| JSWSTEEL | 1.17 | 0.01 | (0.04) | 0.15 | 1.17 | 2.92 | 7.13 | |||
| JINDALSTEL | 1.41 | (0.11) | 0.00 | (0.15) | 0.00 | 2.33 | 7.97 | |||
| VISASTEEL | 2.17 | 0.77 | 0.10 | (0.64) | 1.87 | 5.00 | 11.86 |
Cross Equities Net Income Analysis
Compare Amber Enterprises India and related stocks such as Hi Tech Pipes, Hi Tech, and Reliance Communications Net Income Over Time
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HITECH | 20.7 M | 20.7 M | 20.7 M | 25.9 M | 49.8 M | 65 M | 103.5 M | 210.1 M | 273.5 M | 203.9 M | 228 M | 403.3 M | 376.8 M | 439.3 M | 220 M |
| HITECHGEAR | 83.3 M | 421.1 M | 162.1 M | 159.3 M | 184.2 M | 211.6 M | 199.7 M | 342.4 M | 355.8 M | 82.8 M | 287.9 M | (11 M) | 231.1 M | 1.1 B | 1.2 B |
| RCOM | 35.3 B | 9.3 B | 6.7 B | 10.5 B | 7.1 B | 6.8 B | (14 B) | (238.4 B) | (72.1 B) | (108.1 B) | (2.1 B) | (2.3 B) | (2.8 B) | (72.1 B) | (68.5 B) |
| ELECTCAST | 881.6 M | (269.8 M) | (238.9 M) | (159.3 M) | (1.2 B) | (332.2 M) | 1.7 B | 1.2 B | 381.7 M | 1.6 B | (1.5 B) | 3.5 B | 3.2 B | 7.4 B | 7.8 B |
| CAMS | 1.5 B | 1.5 B | 1.5 B | 1.5 B | 1.5 B | 1.5 B | 1.5 B | 1.5 B | 1.3 B | 1.7 B | 2.1 B | 2.9 B | 2.9 B | 3.5 B | 2.4 B |
| JSWSTEEL | 8.7 B | 14.9 B | 9.6 B | 4.5 B | 18 B | (7.4 B) | 35.2 B | 62.1 B | 76.4 B | 40.3 B | 79.1 B | 206.7 B | 41.4 B | 88.1 B | 92.5 B |
| JINDALSTEL | 5.7 B | 40 B | 29.1 B | 19.1 B | (12.8 B) | (19 B) | (25.4 B) | (16.2 B) | (16.5 B) | (1.1 B) | 42.7 B | 67.7 B | 31.7 B | 59.4 B | 62.4 B |
| VISASTEEL | 124.7 M | (1.2 B) | (1.1 B) | (1.5 B) | (2.7 B) | (6.2 B) | (1.2 B) | (875.4 M) | (1.6 B) | (1.9 B) | (12 B) | (872.2 M) | 16.6 B | (718.9 M) | (754.8 M) |
Amber Enterprises India and related stocks such as Hi Tech Pipes, Hi Tech, and Reliance Communications Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Amber Enterprises India financial statement analysis. It represents the amount of money remaining after all of Amber Enterprises India operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Amber Enterprises Competitive Analysis
The better you understand Amber Enterprises competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Amber Enterprises' 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 Amber Enterprises' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Amber Enterprises Competition Performance Charts
Five steps to successful analysis of Amber Enterprises Competition
Amber Enterprises' 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 Amber Enterprises India in relation to its competition. Amber Enterprises' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Amber Enterprises 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 Amber Enterprises' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Amber Enterprises India, 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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Other Information on Investing in Amber Stock
Amber Enterprises financial ratios help investors to determine whether Amber Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Amber with respect to the benefits of owning Amber Enterprises security.