Benchmark Competitors
| BHE Stock | USD 59.23 0.83 1.42% |
Benchmark Electronics vs Aterian Correlation
Very good diversification
The correlation between Benchmark Electronics and ATER is -0.33 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Benchmark Electronics and ATER in the same portfolio, assuming nothing else is changed.
Moving together with Benchmark Stock
Moving against Benchmark Stock
| 0.75 | EBON | Ebang International | PairCorr |
| 0.6 | EVLV | Evolv Technologies | PairCorr |
| 0.58 | EHGO | Eshallgo Class A | PairCorr |
| 0.46 | OTK | Otsuka | PairCorr |
| 0.39 | AMPGW | AmpliTech Group | PairCorr |
Benchmark Electronics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Benchmark Electronics 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 Benchmark 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 Benchmark Electronics 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 Benchmark Stock performing well and Benchmark Electronics 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 Benchmark Electronics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IPW | 5.22 | (1.41) | 0.00 | (1.09) | 0.00 | 12.24 | 35.96 | |||
| YJ | 3.17 | (0.24) | 0.00 | (0.50) | 0.00 | 6.99 | 30.41 | |||
| REBN | 4.04 | (0.03) | 0.01 | 0.05 | 4.63 | 11.95 | 27.14 | |||
| UCAR | 2.82 | (0.69) | 0.00 | (0.52) | 0.00 | 4.79 | 19.82 | |||
| BYAH | 5.84 | (2.08) | 0.00 | (1.83) | 0.00 | 12.00 | 46.58 | |||
| AZI | 10.87 | (2.19) | 0.00 | (1.17) | 0.00 | 21.43 | 127.73 | |||
| CENN | 4.20 | (0.37) | 0.00 | (0.12) | 0.00 | 13.33 | 24.81 | |||
| YYGH | 2.97 | (0.40) | 0.00 | (0.18) | 0.00 | 8.33 | 19.52 | |||
| DSS | 4.11 | (0.28) | 0.00 | (0.11) | 0.00 | 12.77 | 50.17 | |||
| ATER | 3.74 | (0.45) | 0.00 | (0.20) | 0.00 | 7.69 | 28.48 |
Cross Equities Net Income Analysis
Compare Benchmark Electronics and related stocks such as iPower Inc, Yunji Inc, and Reborn Coffee Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| YJ | (24.7 M) | (24.7 M) | (24.7 M) | (24.7 M) | (24.7 M) | (24.7 M) | (24.7 M) | (105.7 M) | (59.7 M) | (120.6 M) | (147.9 M) | 132 M | (131.3 M) | (165.1 M) | (123.1 M) | (110.8 M) | (116.3 M) |
| REBN | (550.7 K) | (550.7 K) | (550.7 K) | (550.7 K) | (550.7 K) | (550.7 K) | (550.7 K) | (970.3 K) | (752.6 K) | (752.6 K) | (1.1 M) | (3.4 M) | (3.6 M) | (4 M) | (4.8 M) | (4.3 M) | (4.1 M) |
| UCAR | (5.5 M) | (5.5 M) | (5.5 M) | (5.5 M) | (5.5 M) | (5.5 M) | (5.5 M) | (5.5 M) | (5.5 M) | (5.5 M) | (5.5 M) | (41.4 M) | (45.9 M) | (19.3 M) | (47.9 M) | (43.1 M) | (45.3 M) |
| BYAH | (485 K) | (485 K) | (485 K) | (485 K) | (485 K) | (485 K) | (485 K) | (485 K) | (485 K) | (485 K) | (485 K) | 191.3 K | 852 K | 478.6 K | 478.6 K | 550.3 K | 285.2 K |
| AZI | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (5.6 M) | (10.2 M) | (10.9 M) | (10.9 M) | (9.8 M) | (10.3 M) |
| CENN | (21.1 M) | (21.1 M) | (21.1 M) | (21.1 M) | (21.1 M) | (19.1 M) | (10.8 M) | (5.8 M) | (33.8 M) | (19.5 M) | (5.2 M) | (16.4 M) | (110.1 M) | (54.2 M) | (44.9 M) | (40.4 M) | (42.4 M) |
| YYGH | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 362.9 K | 761.6 K | 852.3 K | (4.8 M) | (4.4 M) | (4.1 M) |
| DSS | (456.6 K) | (3.2 M) | (4.3 M) | 2.6 M | (41.2 M) | (14.3 M) | (950 K) | (578 K) | 1.5 M | (2.9 M) | 1.9 M | (33.1 M) | (59.8 M) | (60.6 M) | (46.9 M) | (42.2 M) | (40.1 M) |
| ATER | (23.1 M) | (23.1 M) | (23.1 M) | (23.1 M) | (23.1 M) | (23.1 M) | (23.1 M) | (23.1 M) | (31.8 M) | (58.8 M) | (63.1 M) | (236 M) | (196.3 M) | (74.6 M) | (11.9 M) | (10.7 M) | (11.2 M) |
Benchmark Electronics and related stocks such as iPower Inc, Yunji Inc, and Reborn Coffee Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Benchmark Electronics financial statement analysis. It represents the amount of money remaining after all of Benchmark Electronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Benchmark Electronics Competitive Analysis
The better you understand Benchmark Electronics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Benchmark Electronics' 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 Benchmark Electronics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Benchmark Electronics Competition Performance Charts
Five steps to successful analysis of Benchmark Electronics Competition
Benchmark Electronics' 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 Benchmark Electronics in relation to its competition. Benchmark Electronics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Benchmark Electronics 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 Benchmark Electronics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Benchmark Electronics, 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 Benchmark Electronics position
In addition to having Benchmark Electronics 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 Small Blend Funds Thematic Idea Now
Small Blend Funds
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 43 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 Small Blend Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Benchmark Electronics Correlation with its peers. For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Will Electronic Equipment, Instruments & Components sector continue expanding? Could Benchmark diversify its offerings? Factors like these will boost the valuation of Benchmark Electronics. Projected growth potential of Benchmark fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Benchmark Electronics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.67) | Dividend Share 0.68 | Earnings Share 0.69 | Revenue Per Share | Quarterly Revenue Growth 0.072 |
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Benchmark Electronics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Benchmark Electronics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Benchmark Electronics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.