Alphatec Competitors
| ATEC Stock | USD 13.33 0.03 0.22% |
Alphatec Holdings vs Cidara Therapeutics Correlation
Excellent diversification
The correlation between Alphatec Holdings and CDTX is -0.6 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alphatec Holdings and CDTX in the same portfolio, assuming nothing else is changed.
Moving together with Alphatec Stock
Moving against Alphatec Stock
| 0.78 | HYB | HOYA | PairCorr |
| 0.78 | VREX | Varex Imaging Corp | PairCorr |
| 0.78 | EDAP | EDAP TMS SA | PairCorr |
| 0.68 | EKSO | Ekso Bionics Holdings | PairCorr |
| 0.66 | SKAN | SKAN Group AG | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alphatec Holdings' 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.
Alphatec Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alphatec Holdings 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 Alphatec 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 Alphatec Holdings does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Alphatec Stock performing well and Alphatec Holdings 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 Alphatec Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LIVN | 1.58 | 0.32 | 0.23 | 0.29 | 1.18 | 4.27 | 13.14 | |||
| SGRY | 1.90 | (0.07) | 0.00 | (0.06) | 0.00 | 3.68 | 9.68 | |||
| LEGN | 2.48 | (0.85) | 0.00 | (6.66) | 0.00 | 3.97 | 19.65 | |||
| SRRK | 3.06 | 0.70 | 0.25 | 0.69 | 2.45 | 7.07 | 31.68 | |||
| IRON | 2.47 | (0.54) | 0.00 | (2.67) | 0.00 | 4.33 | 14.87 | |||
| HTFL | 3.83 | (0.81) | 0.00 | (0.20) | 0.00 | 6.73 | 28.04 | |||
| IDYA | 2.03 | (0.06) | (0.03) | (0.01) | 2.36 | 4.86 | 10.56 | |||
| ADPT | 2.97 | 0.22 | 0.04 | 3.00 | 3.57 | 9.94 | 29.55 | |||
| ZLAB | 1.99 | (0.15) | 0.00 | (0.19) | 0.00 | 6.01 | 10.32 | |||
| CDTX | 4.25 | 1.74 | 0.65 | 4.45 | 1.30 | 5.93 | 105.72 |
Cross Equities Net Income Analysis
Compare Alphatec Holdings and related stocks such as LivaNova PLC, Surgery Partners, and Legend Biotech Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LIVN | (5.1 M) | 36.1 M | 46.4 M | 54.9 M | 54.9 M | 57.8 M | (62.8 M) | (25.1 M) | (189.4 M) | (157.6 M) | (348.8 M) | (135.8 M) | (86.2 M) | 17.5 M | 63.2 M | 56.9 M | 59.8 M |
| SGRY | 1.9 M | 1.9 M | 1.9 M | (9.1 M) | (65.9 M) | 1.4 M | 9.5 M | (53 M) | (205.7 M) | (74.8 M) | (116.1 M) | (70.9 M) | (54.6 M) | (11.9 M) | (168.1 M) | (151.3 M) | (143.7 M) |
| LEGN | 9.4 M | 9.4 M | 9.4 M | 9.4 M | 9.4 M | 9.4 M | 9.4 M | 9.4 M | (2.8 M) | (101.6 M) | (266.4 M) | (403.6 M) | (446.3 M) | (518.3 M) | (177 M) | (159.3 M) | (167.3 M) |
| SRRK | (16.2 M) | (16.2 M) | (16.2 M) | (16.2 M) | (16.2 M) | (16.2 M) | (16.2 M) | (25 M) | (49.3 M) | (49.7 M) | (85 M) | (131.8 M) | (131.6 M) | (165.8 M) | (246.3 M) | (221.7 M) | (210.6 M) |
| IRON | (40.8 M) | (40.8 M) | (40.8 M) | (40.8 M) | (40.8 M) | (40.8 M) | (40.8 M) | (40.8 M) | (40.8 M) | (40.8 M) | (40.8 M) | (36 M) | (46.1 M) | (76.4 M) | (109.4 M) | (98.4 M) | (103.3 M) |
| HTFL | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (95.7 M) | (96.4 M) | (86.8 M) | (91.1 M) |
| IDYA | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (34.3 M) | (38.4 M) | (32.3 M) | (47.5 M) | (54.8 M) | (113 M) | (274.5 M) | (247 M) | (234.7 M) |
| ADPT | (42.8 M) | (42.8 M) | (42.8 M) | (42.8 M) | (42.8 M) | (42.8 M) | (42.8 M) | (42.8 M) | (46.4 M) | (68.6 M) | (146.2 M) | (207.3 M) | (200.2 M) | (225.2 M) | (159.5 M) | (59.5 M) | (62.5 M) |
| ZLAB | (18 M) | (18 M) | (18 M) | (18 M) | (18 M) | (18 M) | (37.5 M) | (50.4 M) | (139.1 M) | (183.4 M) | (268.9 M) | (704.5 M) | (443.3 M) | (334.6 M) | (257.1 M) | (231.4 M) | (243 M) |
| CDTX | (792 K) | (792 K) | (792 K) | (1.3 M) | (11.9 M) | (32.2 M) | (48.2 M) | (55.7 M) | (59 M) | (41.1 M) | (72.1 M) | (43.9 M) | (29.8 M) | (22.9 M) | (169.8 M) | (152.8 M) | (145.2 M) |
Alphatec Holdings and related stocks such as LivaNova PLC, Surgery Partners, and Legend Biotech Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Alphatec Holdings financial statement analysis. It represents the amount of money remaining after all of Alphatec Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Alphatec Holdings Competitive Analysis
The better you understand Alphatec Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alphatec Holdings' 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 Alphatec Holdings' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Alphatec Holdings Competition Performance Charts
Five steps to successful analysis of Alphatec Holdings Competition
Alphatec Holdings' 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 Alphatec Holdings in relation to its competition. Alphatec Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Alphatec Holdings 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 Alphatec Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alphatec Holdings, 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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Check out Alphatec Holdings Correlation with its peers. For information on how to trade Alphatec Stock refer to our How to Trade Alphatec Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Will Health Care Equipment & Supplies sector continue expanding? Could Alphatec diversify its offerings? Factors like these will boost the valuation of Alphatec Holdings. If investors know Alphatec will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Alphatec Holdings data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (1.04) | Revenue Per Share | Quarterly Revenue Growth 0.304 | Return On Assets | Return On Equity |
Investors evaluate Alphatec Holdings using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Alphatec Holdings' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Alphatec Holdings' market price to deviate significantly from intrinsic value.
Understanding that Alphatec Holdings' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alphatec Holdings represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Alphatec Holdings' market price signifies the transaction level at which participants voluntarily complete trades.