American Competitors
| AXLDelisted Stock | USD 9.00 0.78 9.49% |
American Axle vs Cracker Barrel Correlation
Poor diversification
The correlation between American Axle Manufacturing and CBRL is 0.64 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Axle Manufacturing and CBRL in the same portfolio, assuming nothing else is changed.
Moving together with American Stock
Moving against American Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Axle'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.
American Axle Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between American Axle and its competitors represents the degree of relationship between the price movements of corresponding delisted 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 Axle Manufa 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 Axle 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 Axle'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SMP | 1.34 | 0.19 | 0.15 | 0.25 | 1.06 | 3.87 | 7.22 | |||
| PLOW | 1.21 | 0.39 | 0.38 | 0.42 | 0.62 | 3.22 | 8.83 | |||
| SES | 4.99 | (0.36) | 0.00 | (0.03) | 0.00 | 10.94 | 29.46 | |||
| ECX | 4.47 | (0.54) | 0.00 | (0.38) | 0.00 | 8.25 | 26.42 | |||
| BJRI | 1.60 | 0.31 | 0.18 | 0.33 | 1.43 | 4.09 | 11.54 | |||
| CARS | 1.79 | 0.05 | (0.01) | 3.16 | 1.97 | 3.99 | 10.98 | |||
| AEVA | 5.64 | (0.27) | 0.00 | (0.01) | 0.00 | 16.00 | 48.05 | |||
| CPS | 2.16 | 0.16 | 0.07 | 0.20 | 2.44 | 5.82 | 13.59 | |||
| XPEL | 1.59 | 0.54 | 0.30 | 0.54 | 1.40 | 4.45 | 11.58 | |||
| CBRL | 3.05 | 0.00 | 0.02 | 0.08 | 3.37 | 7.62 | 13.71 |
American Axle Competitive Analysis
The better you understand American Axle competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, American Axle'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 Axle'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 Axle Competition Performance Charts
Five steps to successful analysis of American Axle Competition
American Axle'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 Axle Manufa in relation to its competition. American Axle's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of American Axle 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 Axle's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to American Axle Manufa, 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 Axle position
In addition to having American Axle 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 Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 189 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 Asset Allocation ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out American Axle Correlation with its peers. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in American Stock
If you are still planning to invest in American Axle Manufa check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the American Axle's history and understand the potential risks before investing.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |