Cango Competitors
| CANG Stock | USD 1.25 0.08 6.02% |
Cango vs Yatsen Holding Correlation
Poor diversification
The correlation between Cango Inc and YSG is 0.65 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cango Inc and YSG in the same portfolio, assuming nothing else is changed.
Moving against Cango Stock
| 0.68 | MNRO | Monro Muffler Brake Downward Rally | PairCorr |
| 0.6 | ARKO | Arko Corp | PairCorr |
| 0.57 | LNDNF | Lundin Energy AB | PairCorr |
| 0.51 | ADHI | Arsenal Digital Holdings | PairCorr |
| 0.5 | ACN | Accenture plc | PairCorr |
Cango Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Cango 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 Cango 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 Cango 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 Cango Stock performing well and Cango 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 Cango'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UXIN | 4.28 | 0.37 | 0.07 | 0.66 | 4.88 | 10.40 | 28.17 | |||
| CARS | 1.79 | 0.01 | 0.01 | 0.06 | 1.98 | 3.99 | 10.98 | |||
| SABR | 2.27 | (0.88) | 0.00 | (0.52) | 0.00 | 3.82 | 17.17 | |||
| ECX | 4.46 | (0.37) | 0.00 | (0.34) | 0.00 | 8.25 | 26.42 | |||
| JMIA | 3.21 | 0.34 | 0.10 | 0.27 | 3.49 | 6.90 | 16.35 | |||
| LQDT | 1.63 | 0.36 | 0.18 | 0.41 | 1.60 | 3.68 | 16.86 | |||
| PLOW | 1.26 | 0.18 | 0.17 | 0.20 | 1.03 | 3.22 | 8.83 | |||
| LUXE | 1.89 | (0.31) | 0.00 | (7.72) | 0.00 | 3.36 | 10.49 | |||
| KRUS | 3.03 | 0.48 | 0.11 | (3.07) | 3.34 | 6.47 | 19.41 | |||
| YSG | 3.47 | (0.74) | 0.00 | (1.60) | 0.00 | 7.79 | 38.70 |
Cross Equities Net Income Analysis
Select Fundamental
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UXIN | (1.4 B) | (1.4 B) | (1.4 B) | (1.4 B) | (1.4 B) | (1.4 B) | (1.4 B) | (1.2 B) | (1.3 B) | (1.3 B) | (717 M) | (143.2 M) | (137.2 M) | (372.4 M) | (272.4 M) | (313.3 M) | (328.9 M) |
| CARS | 104.7 M | 104.7 M | 104.7 M | 104.7 M | 591.6 M | 157.8 M | 176.4 M | 224.4 M | 38.8 M | (445.3 M) | (817.1 M) | 7.7 M | 17.2 M | 118.4 M | 48.2 M | 43.4 M | 45.5 M |
| JMIA | (227.4 M) | (227.4 M) | (227.4 M) | (227.4 M) | (227.4 M) | (227.4 M) | (227.4 M) | (227.4 M) | (232.5 M) | (287.9 M) | (225.3 M) | (226.9 M) | (238.2 M) | (104.2 M) | (99.1 M) | (113.9 M) | (119.6 M) |
| LQDT | 1.3 M | 48.3 M | 41.1 M | 30.4 M | (104.8 M) | (59.9 M) | (39.2 M) | (11.6 M) | (19.3 M) | (3.8 M) | 50.9 M | 40.3 M | 21 M | 20 M | 28.1 M | 32.3 M | 33.9 M |
| PLOW | (1.1 M) | 19 M | 6 M | 11.6 M | 40 M | 44.2 M | 39 M | 55.3 M | 43.9 M | 49.2 M | (86.6 M) | 30.7 M | 38.6 M | 23.7 M | 56.2 M | 64.6 M | 67.8 M |
| YSG | (41.7 M) | (41.7 M) | (41.7 M) | (41.7 M) | (41.7 M) | (41.7 M) | (41.7 M) | (41.7 M) | (41.7 M) | 75.2 M | (2.5 B) | (1.5 B) | (829.7 M) | (744.7 M) | (718.2 M) | (646.4 M) | (678.7 M) |
Cango Inc and related stocks such as Uxin, Cars Inc, and Sabre Corpo Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Cango Inc financial statement analysis. It represents the amount of money remaining after all of Cango Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cango Competitive Analysis
The better you understand Cango competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Cango'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 Cango'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 |
Cango Competition Performance Charts
Five steps to successful analysis of Cango Competition
Cango'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 Cango Inc in relation to its competition. Cango's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Cango 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 Cango's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Cango 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.
Complement your Cango position
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Check out Cango Correlation with its peers. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Can Automotive Retail industry sustain growth momentum? Does Cango have expansion opportunities? Factors like these will boost the valuation of Cango. Projected growth potential of Cango fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Cango demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 1.373 | Earnings Share (0.48) | Revenue Per Share | Quarterly Revenue Growth 58.333 | Return On Assets |
Understanding Cango Inc requires distinguishing between market price and book value, where the latter reflects Cango's accounting equity. The concept of intrinsic value—what Cango's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Cango's price substantially above or below its fundamental value.
It's important to distinguish between Cango's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cango should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cango's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.