Ankit Competitors
| ANKITMETAL | 3.58 0.17 4.99% |
Ankit |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ankit Metal'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.
Ankit Metal Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ankit Metal 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 Ankit 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 Ankit Metal Power does not affect the price movement of the other competitor.
| 0.2 | 0.16 | -0.06 | 0.29 | -0.12 | 0.24 | NMDC | ||
| 0.2 | 0.04 | 0.86 | -0.03 | 0.76 | 0.63 | SAIL | ||
| 0.16 | 0.04 | 0.15 | 0.7 | 0.24 | 0.19 | EMBASSY-RR | ||
| -0.06 | 0.86 | 0.15 | -0.01 | 0.85 | 0.53 | GNFC | ||
| 0.29 | -0.03 | 0.7 | -0.01 | 0.21 | 0.27 | GUJALKALI | ||
| -0.12 | 0.76 | 0.24 | 0.85 | 0.21 | 0.57 | JTLIND | ||
| 0.24 | 0.63 | 0.19 | 0.53 | 0.27 | 0.57 | INDIAGLYCO | ||
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Ankit Stock performing well and Ankit Metal 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 Ankit Metal'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NMDC | 1.77 | (0.03) | (0.06) | (0.01) | 1.93 | 3.96 | 8.71 | |||
| SAIL | 1.63 | (0.22) | 0.00 | 3.71 | 0.00 | 3.70 | 10.24 | |||
| EMBASSY-RR | 0.83 | (0.05) | 0.00 | (0.09) | 0.00 | 1.56 | 4.80 | |||
| GNFC | 1.37 | (0.25) | 0.00 | (1.01) | 0.00 | 1.95 | 11.02 | |||
| GUJALKALI | 1.34 | 0.01 | 0.00 | 0.07 | 0.00 | 3.52 | 10.86 | |||
| JTLIND | 2.81 | (0.85) | 0.00 | 1.48 | 0.00 | 4.00 | 60.24 | |||
| INDIAGLYCO | 2.23 | (0.18) | 0.00 | (1.01) | 0.00 | 5.48 | 23.17 |
Cross Equities Net Income Analysis
Compare Ankit Metal Power and related stocks such as NMDC Limited, Steel Authority, and Embassy Office Parks Net Income Over Time
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NMDC | 2.5 B | 72.7 B | 63.4 B | 63.7 B | 63.5 B | 29.3 B | 25.4 B | 38.1 B | 46.2 B | 35.7 B | 62.8 B | 94.3 B | 56 B | 55.8 B | 45 B |
| SAIL | 26 B | 35.9 B | 23.3 B | 26.5 B | 21.6 B | (43 B) | (27.6 B) | (2.8 B) | 23.5 B | 21.2 B | 41.5 B | 122.4 B | 21.8 B | 30.7 B | 28.6 B |
| EMBASSY-RR | 931.8 M | 931.8 M | 931.8 M | 931.8 M | 931.8 M | 931.8 M | 1.8 B | 2.6 B | (94.5 M) | 7.7 B | 7 B | 8.9 B | 5.1 B | 9.6 B | 5.3 B |
| GNFC | 759 M | 2.8 B | 2.7 B | 2.9 B | (4.5 B) | 2.3 B | 5.3 B | 7.9 B | 7.5 B | 5.1 B | 7 B | 17.1 B | 14.7 B | 5 B | 4.7 B |
| GUJALKALI | 1.9 B | 1.5 B | 2.4 B | 1.9 B | 2.3 B | 2.2 B | 3.1 B | 5.3 B | 6.9 B | 3.3 B | 1.7 B | 5.6 B | 4.1 B | (2.4 B) | (2.3 B) |
| JTLIND | 14.1 M | 2.2 M | 6 M | 5.4 M | 8.3 M | 12.1 M | 13.8 M | 80.4 M | 145 M | 100.8 M | 200.6 M | 610.6 M | 901.3 M | 1.1 B | 1.2 B |
| INDIAGLYCO | 585.8 M | 674.1 M | 955.3 M | (1.6 B) | (886.4 M) | (491.2 M) | 350.4 M | 965.3 M | 1.3 B | 1.1 B | 1.3 B | 3.4 B | 1.3 B | 1.7 B | 1.8 B |
Ankit Metal Power and related stocks such as NMDC Limited, Steel Authority, and Embassy Office Parks Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ankit Metal Power financial statement analysis. It represents the amount of money remaining after all of Ankit Metal Power operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ankit Metal Competitive Analysis
The better you understand Ankit Metal competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ankit Metal'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 Ankit Metal'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 |
Ankit Metal Competition Performance Charts
Five steps to successful analysis of Ankit Metal Competition
Ankit Metal'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 Ankit Metal Power in relation to its competition. Ankit Metal's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ankit Metal 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 Ankit Metal's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ankit Metal Power, 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 Ankit Stock
Ankit Metal financial ratios help investors to determine whether Ankit 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 Ankit with respect to the benefits of owning Ankit Metal security.