American Competitors
| AONC Stock | 11.50 0.50 4.17% |
American Oncology vs Medical Facilities Correlation
Average diversification
The correlation between American Oncology Network and MFCSF is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Oncology Network and MFCSF in the same portfolio, assuming nothing else is changed.
American Oncology Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between American Oncology 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 American 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 American Oncology Network does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between American Stock performing well and American Oncology 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 American Oncology'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ORPEF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EVGRF | 1.12 | 0.40 | 0.00 | (2.89) | 0.00 | 0.00 | 37.50 | |||
| TRGNF | 1.62 | 0.68 | 0.00 | 2.77 | 0.00 | 0.00 | 61.69 | |||
| DMTRF | 1.51 | 0.76 | 0.00 | 6.65 | 0.00 | 0.00 | 27.33 | |||
| MAYNF | 2.51 | (0.44) | 0.00 | 1.23 | 0.00 | 6.90 | 46.83 | |||
| HNSBF | 1.09 | (0.61) | 0.00 | (1.05) | 0.00 | 0.00 | 36.46 | |||
| SLNCF | 2.36 | 0.19 | 0.00 | (0.30) | 0.00 | 11.11 | 58.78 | |||
| MKLNF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BHCCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MFCSF | 1.13 | 0.16 | 0.07 | 0.37 | 1.22 | 3.88 | 10.55 |
American Oncology Competitive Analysis
The better you understand American Oncology competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, American Oncology'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 American Oncology'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 |
American Oncology Competition Performance Charts
Five steps to successful analysis of American Oncology Competition
American Oncology'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 American Oncology Network in relation to its competition. American Oncology's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of American Oncology 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 American Oncology's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to American Oncology Network, 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 American Oncology position
In addition to having American Oncology 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 Broad Sovereign ETFs Thematic Idea Now
Broad Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 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 Broad Sovereign ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out American Oncology Correlation with its peers. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Will Health Care Providers & Services sector continue expanding? Could American diversify its offerings? Factors like these will boost the valuation of American Oncology. If investors know American will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every American Oncology data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.89) | Revenue Per Share | Quarterly Revenue Growth 0.514 | Return On Assets | Return On Equity |
Understanding American Oncology Network requires distinguishing between market price and book value, where the latter reflects American's accounting equity. The concept of intrinsic value - what American Oncology'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 American Oncology's price substantially above or below its fundamental value.
Understanding that American Oncology's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether American Oncology represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, American Oncology's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.