Avitar Competitors
Avitar Inc competes with Inspira Technologies, Pheton Holdings, Tenon Medical, Biomerica, and Heart Test; as well as few others. The company conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. Analyzing Avitar competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Avitar to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Avitar Correlation with its peers.
Avitar vs Burning Rock Correlation
The Avitar's current Return On Equity is estimated to increase to 0.28, while Return On Tangible Assets are projected to decrease to (1.22). As of now, Avitar's Debt To Assets are increasing as compared to previous years.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avitar'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.
Avitar Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Avitar 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 Avitar 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 Avitar Inc 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 Avitar Stock performing well and Avitar 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 Avitar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IINN | 3.42 | (0.32) | 0.00 | (0.30) | 0.00 | 7.29 | 24.08 | |||
| PTHL | 5.52 | 0.47 | 0.03 | (0.15) | 6.77 | 6.56 | 136.77 | |||
| TNON | 2.65 | (0.91) | 0.00 | (0.69) | 0.00 | 5.61 | 18.03 | |||
| BMRA | 2.52 | (0.30) | 0.00 | (0.32) | 0.00 | 4.12 | 18.44 | |||
| HSCS | 4.32 | 0.17 | 0.02 | 0.90 | 5.11 | 11.07 | 26.18 | |||
| SSKN | 3.39 | (0.78) | 0.00 | (0.34) | 0.00 | 7.35 | 18.95 | |||
| APVO | 4.76 | (1.94) | 0.00 | (1.27) | 0.00 | 7.81 | 43.37 | |||
| ADVB | 4.01 | (1.00) | 0.00 | (0.84) | 0.00 | 8.11 | 28.22 | |||
| BNR | 7.85 | 1.78 | 0.24 | 0.60 | 6.76 | 18.91 | 50.29 |
Cross Equities Net Income Analysis
Compare Avitar Inc and related stocks such as Inspira Technologies Oxy, Pheton Holdings, and Tenon Medical Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IINN | (39.6 K) | (39.6 K) | (39.6 K) | (39.6 K) | (39.6 K) | (39.6 K) | (39.6 K) | (39.6 K) | (39.6 K) | (4.6 M) | (7.2 M) | (17 M) | (4 M) | (11.3 M) | (11.1 K) | (9.9 K) | (10.4 K) |
| TNON | (509.6 K) | (509.6 K) | (509.6 K) | (509.6 K) | (509.6 K) | (509.6 K) | (509.6 K) | (509.6 K) | (509.6 K) | (509.6 K) | (585.2 K) | (7 M) | (18.9 M) | (15.6 M) | (13.7 M) | (12.3 M) | (12.9 M) |
| BMRA | (1.9 M) | 548.4 K | 537 K | (215.7 K) | (331.4 K) | (1.5 M) | (908.6 K) | (1.5 M) | (2.4 M) | (2.3 M) | (7.4 M) | (4.5 M) | (7.1 M) | (6 M) | (5 M) | (4.5 M) | (4.3 M) |
| HSCS | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (2.5 M) | (4.8 M) | (6.4 M) | (6.6 M) | (8.8 M) | (7.9 M) | (8.3 M) |
| SSKN | (2.3 M) | (20.4 M) | (22.7 M) | (25.9 M) | (16 M) | (27.9 M) | (3.3 M) | (21.5 M) | (4 M) | (3.8 M) | (4.4 M) | (2.7 M) | (5.5 M) | (10.8 M) | (10.1 M) | (9.1 M) | (9.5 M) |
| APVO | (53.3 M) | (53.3 M) | (53.3 M) | (53.3 M) | (51.1 M) | (59.3 M) | (112.4 M) | 7 M | (53.7 M) | (44.7 M) | (17.8 M) | (27.3 M) | 8 M | (17.4 M) | (24.1 M) | (27.7 M) | (29.1 M) |
| ADVB | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (142.4 K) | (121.5 K) | (87.4 K) | (101.5 K) | (116.8 K) | (122.6 K) |
| BNR | (131.3 M) | (131.3 M) | (131.3 M) | (131.3 M) | (131.3 M) | (131.3 M) | (131.3 M) | (131.3 M) | (177.5 M) | (168.3 M) | (407.2 M) | (796.7 M) | (971.2 M) | (653.7 M) | (346.6 M) | (312 M) | (327.6 M) |
Avitar Inc and related stocks such as Inspira Technologies Oxy, Pheton Holdings, and Tenon Medical Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Avitar Inc financial statement analysis. It represents the amount of money remaining after all of Avitar Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Avitar Competitive Analysis
The better you understand Avitar competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Avitar'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 Avitar'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 |
Avitar Competition Performance Charts
Five steps to successful analysis of Avitar Competition
Avitar'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 Avitar Inc in relation to its competition. Avitar's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Avitar 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 Avitar's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Avitar Inc, 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 Avitar Correlation with its peers. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is there potential for Health Care Equipment & Supplies market expansion? Will Avitar introduce new products? Factors like these will boost the valuation of Avitar. If investors know Avitar will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Avitar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Avitar Inc is measured differently than its book value, which is the value of Avitar that is recorded on the company's balance sheet. Investors also form their own opinion of Avitar's value that differs from its market value or its book value, called intrinsic value, which is Avitar's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Avitar's market value can be influenced by many factors that don't directly affect Avitar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Avitar's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Avitar represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Avitar's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.