Canon Competitors

Summary

CAJDelisted Stock

USD 21.90 0.02 0.09%

Canon Inc ADR competes with NextNav Warrant, Supercom, Plexus Corp, Tesla, and Flex; as well as few others. The company runs under Technology Hardware, Storage & Peripherals sector within Information Technology industry. Analyzing Canon 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 Canon to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Canon competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
21.90	21.90	21.90

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Intrinsic

Valuation

Low	Real	High
18.65	18.65	24.09

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Naive

Forecast

Low	Next	High
21.85	21.85	21.85

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Bollinger

Band Projection (param)

Lower	Middle Band	Upper
21.67	22.08	22.50

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canon. Your research has to be compared to or analyzed against Canon's peers to derive any actionable benefits. When done correctly, Canon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Canon Inc ADR.

Canon Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Canon 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 Canon 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 Canon Inc ADR does not affect the price movement of the other competitor.

	NNAVW	SPCB	PLXS	TSLA	FLEX	MIND	RDCM
NNAVW		0.34	0.96	0.92	0.9	0.19	0.79	NNAVW
SPCB	0.34		0.44	0.52	0.45	0.64	0.43	SPCB
PLXS	0.96	0.44		0.88	0.96	0.26	0.79	PLXS
TSLA	0.92	0.52	0.88		0.83	0.38	0.74	TSLA
FLEX	0.9	0.45	0.96	0.83		0.28	0.83	FLEX
MIND	0.19	0.64	0.26	0.38	0.28		0.3	MIND
RDCM	0.79	0.43	0.79	0.74	0.83	0.3		RDCM
	NNAVW	SPCB	PLXS	TSLA	FLEX	MIND	RDCM

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Risk-Adjusted Indicators

There is a big difference between Canon Stock performing well and Canon 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 Canon'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
NNAVW	3.70	1.78	0.35	2.05	3.74	(4.46)	11.83	(6.75)	24.31
SPCB	3.83	0.37	0.06	2.24	4.34	(4.24)	9.09	(7.91)	19.42
PLXS	1.40	0.17	0.17	0.22	1.22	(1.56)	3.38	(1.91)	12.92
TSLA	3.14	0.60	0.23	0.40	2.65	(3.83)	8.19	(5.77)	28.06
FLEX	1.83	0.07	0.09	0.16	1.80	(2.27)	5.67	(2.91)	10.39
MIND	1.93	(0.11)	(0.05)	0.02	2.17	(2.57)	4.40	(4.22)	13.68
RDCM	2.33	0.27	0.05	0.95	3.17	(2.45)	5.40	(5.38)	19.90

Unable to evaluate fundamental data of [NNAVW, SPCB, PLXS, TSLA, FLEX, MIND, RDCM] at this time. Please try again later

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Canon Competitive Analysis

The better you understand Canon competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Canon'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 Canon's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	CAJ	NNAVW	SPCB	PLXS	TSLA	FLEX	MIND	RDCM
	0.09 21.90 Canon	2.58 6.77 NextNav	5.17 3.66 Supercom	1.28 164.40 Plexus	3.69 345.16 Tesla	0.39 38.97 Flex	1.30 3.90 Mind	0.84 11.95 Radcom
Market Volatility (90 Days Market Risk)	Very steady	Relatively risky	Unstable	Very steady	Very steady	Very steady	Slightly risky	Somewhat reliable
Market Performance (90 Days Performance)	Very Weak	Strong	OK	Solid	Good	Good	Modest	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Dangerous	About Average	Average	Very Low	Low	Very Low	Low	Very Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Under Valued	Over Valued	Under Valued	Over Valued	Under Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Buy	Buy	Buy	Strong Buy	Strong Buy	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Strong Hold	Strong Sell	Strong Buy	Strong Buy	Strong Hold	Sell	Sell
Current Ratio	1.71 X	12.13 X	5.22 X	1.43 X	1.46 X	1.29 X	2.87 X	4.87 X
Net Asset	5.1 T	162.16 M	44.75 M	3.15 B	106.62 B	18.26 B	33.49 M	107.53 M
Profit Margin	0.06 %	N/A	0.06 %	0.03 %	0.13 %	0.04 %	0.1 %	0.09 %
EBITDA	563.86 B	(58.71 M)	1.47 M	158.41 M	14.8 B	1.32 B	2.09 M	16 K
Operating Margin	0.09 %	(8.62) %	0.05 %	0.05 %	0.11 %	0.05 %	0.14 %	0.06 %
Current Valuation	23.41 B	N/A	32.34 M	4.39 B	1.09 T	16.7 B	68.69 M	97.8 M
Price To Book	1.02 X	N/A	0.52 X	3.36 X	15.84 X	3.02 X	9.06 X	2.03 X
Retained Earnings	3.7 T	(760.23 M)	(106.95 M)	1.82 B	27.88 B	446 M	(128.31 M)	(69.91 M)
Current Asset	2.55 T	N/A	48.08 M	1.43 B	2.78 B	4.55 B	40.7 M	16.06 M
Five Year Return	4.46 %	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Beta	0.45	0.95	0.11	0.88	2.3	1.08	1.16	0.86
Number Of Employees	72	111	121	20 K	140.47 K	148.12 K	145	295
Shares Outstanding	1.02 B	N/A	1.97 M	27.09 M	3.21 B	387.78 M	7.97 M	15.66 M
Cash Flow From Operations	262.6 B	(35.44 M)	(2.37 M)	436.5 M	13.26 B	1.33 B	(4.97 M)	4.71 M
Annual Yield	0.04 %	N/A	N/A	N/A	N/A	0.24 %	N/A	N/A
Total Debt	2.42 B	66.11 M	35.35 M	279.59 M	9.57 B	3.75 B	1.32 M	1.62 M
Return On Equity	0.0807	-1.15	0.18	0.0881	0.2	0.15	0.0668	0.058
Z Score	5.4	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	0.0449	-0.24	0.0072	0.0363	0.0476	0.0341	0.0525	0.0043
Number Of Shares Shorted	1.06 M	26.81 K	48.01 K	511.82 K	76.44 M	9.84 M	22 K	4.35 K
Book Value Per Share	3,021 X	0.51 X	7.00 X	48.70 X	21.81 X	12.84 X	(9.45) X	5.39 X
Current Liabilities	1.04 T	N/A	10.24 M	650.44 M	2.81 B	3.16 B	12.46 M	6.42 M
Total Asset	5.1 T	162.16 M	44.75 M	3.15 B	106.62 B	18.26 B	33.49 M	107.53 M
Debt To Equity	0.16 %	0.06 %	8.91 %	0.45 %	0.14 %	1.05 %	0.08 %	0.02 %
Short Ratio	2.09 X	N/A	0.07 X	3.01 X	0.74 X	3.56 X	0.40 X	0.22 X
Target Price	23.0	N/A	12.0	153.2	233.16	42.26	6.0	16.0
Last Dividend Paid	120.0	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Shares Owned By Institutions	1.44 %	N/A	1.33 %	99.85 %	47.89 %	99.32 %	11.94 %	49.27 %
Market Capitalization	21.97 B	N/A	7.57 M	4.45 B	1.11 T	15.11 B	31.08 M	187.16 M
Price To Earning	15.42 X	N/A	(2.67) X	20.90 X	56.02 X	12.71 X	(1.31) X	28.20 X
Price To Earnings To Growth	2.93 X	N/A	N/A	1.61 X	9.57 X	0.97 X	(0.19) X	11.08 X
Price To Sales	0.01 X	N/A	0.27 X	1.12 X	11.40 X	0.59 X	0.82 X	3.33 X
Net Income	260.08 B	(71.73 M)	(4.02 M)	111.81 M	14.97 B	1.25 B	(1.1 M)	3.71 M
Earnings Per Share	1.74 X	(1.37) X	21.93 X	4.01 X	3.66 X	2.08 X	(1.61) X	0.46 X
Shares Owned By Insiders	N/A	N/A	9.00 %	1.68 %	12.91 %	0.68 %	2.10 %	22.78 %
Revenue	4.03 T	3.86 M	26.57 M	3.96 B	96.77 B	26.41 B	36.51 M	51.6 M
Working Capital	1.51 T	81.42 M	23.06 M	833.86 M	20.87 B	4.45 B	18.06 M	68.66 M
Cash And Equivalents	362.1 B	141.51 K	2.91 M	276.61 M	16.25 B	2.45 B	833 K	73.06 M
Cash Per Share	466.77 X	0.01 X	0.08 X	9.98 X	6.68 X	5.42 X	0.06 X	5.05 X
Gross Profit	1.83 T	N/A	6.39 M	347.23 M	20.85 B	1.95 B	12.97 M	33.34 M
Day Typical Price	21.8	6.82	3.62	164.12	341.75	39.08	3.89	12.04
Accumulation Distribution	0.0151	0.0541	0.0515	0.014	0.0313	0.0114	0.0103	0.0245
Market Facilitation Index	0.33	0.38	0.19	2.32	10.8	0.45	0.04	0.3
Daily Balance Of Power	0.0606	0.4474	0.9474	0.8922	1.136111	0.3333	1.25	0.3333
Period Momentum Indicator	0.02	0.17	0.18	2.07	12.27	0.15	0.05	0.1
Rate Of Daily Change	1.0	1.03	1.05	1.01	1.04	1.0	1.01	1.01
Day Median Price	21.76	6.84	3.6	163.98	340.05	39.14	3.88	12.08
Price Action Indicator	0.15	0.015	0.16	1.46	11.25	(0.09)	0.045	(0.08)
Relative Strength Index	51.88	93.71	64.43	73.29	85.28	68.91	66.58	50.82
Coefficient Of Variation	2674.13	264.53	1214.74	509.99	524.75	758.27	10144.07	1017.46
Mean Deviation	0.868	3.7	3.83	1.4	3.14	1.83	1.93	2.33
Jensen Alpha	0.0381	1.78	0.3722	0.1696	0.5993	0.0722	(0.11)	0.2713
Total Risk Alpha	(0.18)	1.05	(0.43)	0.0509	0.1002	(0.1)	(0.42)	(0.24)
Sortino Ratio	(0.06)	0.3491	0.0571	0.1671	0.2295	0.0942	(0.05)	0.0526
Downside Variance	1.96	25.64	21.88	2.65	10.71	4.27	6.08	12.49
Standard Deviation	1.32	5.04	4.92	2.09	4.66	2.52	2.62	3.29
Kurtosis	9.12	0.5983	(0.48)	6.96	6.37	1.34	1.31	1.99
Potential Upside	1.4	11.83	9.09	3.38	8.19	5.67	4.4	5.4
Treynor Ratio	3.93	2.05	2.24	0.2216	0.4014	0.1644	0.0165	0.9474
Maximum Drawdown	9.24	24.31	19.42	12.92	28.06	10.39	13.68	19.9
Variance	1.74	25.4	24.16	4.37	21.74	6.35	6.88	10.83
Market Risk Adjusted Performance	3.94	2.06	2.25	0.2316	0.4114	0.1744	0.0265	0.9574
Risk Adjusted Performance	0.0328	0.2975	0.0714	0.1562	0.154	0.1078	0.0146	0.0828
Skewness	(1.20)	0.0226	0.1961	1.7	1.66	0.6132	0.5334	0.076
Semi Deviation	1.32	3.74	4.34	1.22	2.65	1.8	2.17	3.17
Information Ratio	(0.07)	0.3507	0.0543	0.1302	0.1611	0.0773	(0.04)	0.0565
Value At Risk	(1.62)	(6.75)	(7.91)	(1.91)	(5.77)	(2.91)	(4.22)	(5.38)
Expected Short fall	(1.00)	(4.46)	(4.24)	(1.56)	(3.83)	(2.27)	(2.57)	(2.45)
Downside Deviation	1.4	5.06	4.68	1.63	3.27	2.07	2.47	3.53
Semi Variance	1.74	14.02	18.81	1.49	7.0	3.24	4.69	10.08

Canon Competition Performance Charts

Five steps to successful analysis of Canon Competition

Canon'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 Canon Inc ADR in relation to its competition. Canon's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Canon 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 Canon's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Canon Inc ADR, 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.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Canon position

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Other Consideration for investing in Canon Stock

If you are still planning to invest in Canon Inc ADR 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 Canon's history and understand the potential risks before investing.

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Canon Competitors

Specify up to 10 symbols:

Canon Competition Correlation Matrix

Risk-Adjusted Indicators

Canon Competitive Analysis

Canon Competition Performance Charts

Five steps to successful analysis of Canon Competition

Complement your Canon position

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Run Broad Equity ETFs Thematic Idea Now

Broad Equity ETFs

Other Consideration for investing in Canon Stock

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