Chaince Competitors
| CD Stock | USD 5.58 0.74 15.29% |
Chaince Digital vs Crown Crafts Correlation
Very good diversification
The correlation between Chaince Digital Holdings and CRWS is -0.43 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chaince Digital Holdings and CRWS in the same portfolio, assuming nothing else is changed.
Moving against Chaince Stock
| 0.76 | EPAM | EPAM Systems | PairCorr |
| 0.71 | DXC | DXC Technology | PairCorr |
| 0.69 | CGM | Capgemini SE Earnings Call This Week | PairCorr |
| 0.56 | WIT | Wipro Limited ADR | PairCorr |
| 0.52 | DXYZ | Destiny Tech100 | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chaince Digital'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.
Chaince Digital Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Chaince Digital 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 Chaince 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 Chaince Digital Holdings 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 Chaince Stock performing well and Chaince Digital 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 Chaince Digital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WPRT | 2.75 | (0.10) | (0.03) | 0.00 | 2.67 | 6.33 | 18.19 | |||
| NTZ | 3.80 | 0.22 | 0.03 | 0.51 | 4.41 | 10.37 | 25.04 | |||
| ECX | 4.47 | (0.54) | 0.00 | (0.38) | 0.00 | 8.25 | 26.42 | |||
| NDLS | 4.29 | (0.33) | 0.00 | (0.08) | 0.00 | 11.11 | 34.13 | |||
| FAT | 7.09 | (2.73) | 0.00 | 1.10 | 0.00 | 12.00 | 59.40 | |||
| TBHC | 2.56 | (0.48) | 0.00 | 0.94 | 0.00 | 5.79 | 14.73 | |||
| LESL | 4.99 | (1.35) | 0.00 | (0.42) | 0.00 | 9.20 | 42.31 | |||
| CRWS | 1.14 | 0.13 | 0.02 | (0.46) | 1.46 | 2.61 | 9.81 |
Cross Equities Net Income Analysis
Compare Chaince Digital Holdings and related stocks such as Westport Fuel Systems, Natuzzi SpA, and ECARX Holdings Class Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WPRT | (579.8 K) | (45.8 M) | (98.8 M) | (185.4 M) | (149.6 M) | (98.4 M) | (97.6 M) | (10 M) | (31.5 M) | 41 K | (7.4 M) | 13.7 M | (32.7 M) | (49.7 M) | (21.8 M) | (19.7 M) | (20.6 M) |
| NTZ | 33.1 M | (19.6 M) | (26.1 M) | (68.6 M) | (49.4 M) | (16.5 M) | (6.1 M) | (30.4 M) | 33.3 M | (33.4 M) | (24.7 M) | 3.6 M | (540 K) | (16.1 M) | (15.2 M) | (13.6 M) | (13 M) |
| ECX | (439.7 M) | (439.7 M) | (439.7 M) | (439.7 M) | (439.7 M) | (439.7 M) | (439.7 M) | (439.7 M) | (439.7 M) | (439.7 M) | (439.7 M) | (184.2 M) | (226.7 M) | (132.7 M) | (127.7 M) | (146.9 M) | (154.2 M) |
| NDLS | 2.4 M | 3.8 M | 5.2 M | 6.7 M | 11.4 M | (13.8 M) | (71.7 M) | (45.4 M) | (8.4 M) | 1.6 M | (23.3 M) | 3.7 M | (3.3 M) | (9.9 M) | (36.2 M) | (32.6 M) | (31 M) |
| FAT | 2.7 M | 2.7 M | 2.7 M | 2.7 M | 2.7 M | 2.7 M | 3.5 M | (614 K) | (1.8 M) | (1 M) | (14.9 M) | (31.6 M) | (126.2 M) | (90.1 M) | (189.8 M) | (170.9 M) | (162.3 M) |
| TBHC | 1.9 M | 19.1 M | 13.8 M | 14.5 M | 17.8 M | 16.6 M | 11 M | 5.3 M | 3.8 M | (53.3 M) | 16.6 M | 22 M | (44.7 M) | (27.8 M) | (23.1 M) | (20.8 M) | (19.8 M) |
| LESL | 17.1 M | 17.1 M | 17.1 M | 17.1 M | 17.1 M | 17.1 M | 17.1 M | 17.1 M | 702 K | 58.6 M | 126.6 M | 159 M | 27.2 M | (23.4 M) | (237 M) | (213.3 M) | (202.6 M) |
| CRWS | 600 K | 5 M | 5.1 M | 5.8 M | 5.7 M | 6.8 M | 5.6 M | 3 M | 5 M | 6.6 M | 6.1 M | 9.9 M | 5.7 M | 4.9 M | (9.4 M) | (10.8 M) | (10.2 M) |
Chaince Digital Holdings and related stocks such as Westport Fuel Systems, Natuzzi SpA, and ECARX Holdings Class Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Chaince Digital Holdings financial statement analysis. It represents the amount of money remaining after all of Chaince Digital Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Chaince Digital Competitive Analysis
The better you understand Chaince Digital competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Chaince Digital'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 Chaince Digital'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 |
Chaince Digital Competition Performance Charts
Five steps to successful analysis of Chaince Digital Competition
Chaince Digital'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 Chaince Digital Holdings in relation to its competition. Chaince Digital's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Chaince Digital 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 Chaince Digital's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Chaince Digital Holdings, 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 Chaince Digital Correlation with its peers. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Will IT Consulting & Other Services sector continue expanding? Could Chaince diversify its offerings? Factors like these will boost the valuation of Chaince Digital. Projected growth potential of Chaince fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Chaince Digital data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding Chaince Digital Holdings requires distinguishing between market price and book value, where the latter reflects Chaince's accounting equity. The concept of intrinsic value - what Chaince Digital's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Chaince Digital's price substantially above or below its fundamental value.
It's important to distinguish between Chaince Digital's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Chaince Digital should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Chaince Digital's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.