Agape Competitors
| ATPC Stock | 2.51 0.13 4.92% |
Agape ATP vs Genius Correlation
Poor diversification
The correlation between Agape ATP and GNS is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Agape ATP and GNS in the same portfolio, assuming nothing else is changed.
Moving against Agape Stock
Agape ATP Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Agape ATP 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 Agape 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 Agape ATP does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Agape Stock performing well and Agape ATP 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 Agape ATP'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DDC | 6.31 | (1.40) | 0.00 | (0.49) | 0.00 | 10.40 | 43.17 | |||
| WYHG | 4.02 | (0.93) | 0.00 | (2.25) | 0.00 | 8.33 | 29.15 | |||
| BRID | 2.07 | 0.02 | (0.02) | 0.44 | 2.46 | 5.13 | 12.93 | |||
| IMG | 6.70 | (2.60) | 0.00 | (1.15) | 0.00 | 12.96 | 47.57 | |||
| BRLS | 7.78 | (0.18) | 0.00 | (0.31) | 0.00 | 20.41 | 111.20 | |||
| LSF | 4.58 | (0.03) | 0.00 | 0.07 | 4.96 | 10.40 | 29.62 | |||
| LOCL | 2.65 | (0.30) | 0.00 | 0.44 | 0.00 | 5.04 | 21.33 | |||
| FARM | 2.01 | 0.11 | 0.04 | 0.23 | 2.18 | 4.14 | 13.54 | |||
| GROV | 2.17 | 0.00 | 0.00 | 0.10 | 2.82 | 5.08 | 10.93 | |||
| GNS | 4.07 | (1.35) | 0.00 | (0.38) | 0.00 | 7.69 | 23.65 |
Agape ATP Competitive Analysis
The better you understand Agape ATP competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Agape ATP'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 Agape ATP'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 |
Agape ATP Competition Performance Charts
Five steps to successful analysis of Agape ATP Competition
Agape ATP'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 Agape ATP in relation to its competition. Agape ATP's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Agape ATP 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 Agape ATP's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Agape ATP, 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 Agape ATP position
In addition to having Agape ATP 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?
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Cars
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 32 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 Cars Theme or any other thematic opportunities.
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Check out Agape ATP Correlation with its peers. For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Health Care Providers & Services sector continue expanding? Could Agape diversify its offerings? Factors like these will boost the valuation of Agape ATP. If investors know Agape will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Agape ATP data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Agape ATP is measured differently than its book value, which is the value of Agape that is recorded on the company's balance sheet. Investors also form their own opinion of Agape ATP's value that differs from its market value or its book value, called intrinsic value, which is Agape ATP's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Agape ATP's market value can be influenced by many factors that don't directly affect Agape ATP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Agape ATP's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Agape ATP represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Agape ATP's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.