Commercial Competitors
| CMC Stock | USD 83.18 0.00 0.00% |
Commercial Metals vs Axalta Coating Correlation
Almost no diversification
The correlation between Commercial Metals and AXTA is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Commercial Metals and AXTA in the same portfolio, assuming nothing else is changed.
Moving together with Commercial Stock
| 0.9 | B | Barrick Mining Symbol Change | PairCorr |
| 0.92 | AA | Alcoa Corp | PairCorr |
| 0.94 | AP | Ampco Pittsburgh | PairCorr |
| 0.85 | AU | AngloGold Ashanti plc | PairCorr |
| 0.88 | HL | Hecla Mining | PairCorr |
Moving against Commercial Stock
The current year's Return On Capital Employed is expected to grow to 0.14, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Commercial Metals' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 353.4 M, whereas Return On Tangible Assets are forecasted to decline to 0.01.Commercial Metals Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Commercial Metals 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 Commercial 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 Commercial Metals does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Commercial Stock performing well and Commercial Metals 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 Commercial Metals' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GGB | 1.50 | 0.27 | 0.13 | 0.35 | 1.68 | 2.87 | 11.29 | |||
| TX | 1.29 | 0.34 | 0.22 | 1.67 | 1.15 | 2.72 | 7.28 | |||
| CLF | 2.51 | 0.30 | 0.06 | 4.15 | 3.91 | 5.23 | 17.41 | |||
| ESI | 1.72 | 0.22 | 0.10 | 0.89 | 1.72 | 3.96 | 10.60 | |||
| OR | 1.93 | 0.39 | 0.11 | (1.64) | 2.84 | 4.10 | 19.93 | |||
| EXP | 1.59 | 0.11 | 0.05 | 1.30 | 1.59 | 4.45 | 10.51 | |||
| HBM | 2.47 | 0.75 | 0.21 | 1.56 | 3.04 | 5.78 | 21.74 | |||
| EMN | 1.65 | 0.44 | 0.22 | 1.20 | 1.49 | 5.51 | 9.74 | |||
| IAG | 2.77 | 0.81 | 0.20 | 1.37 | 3.26 | 7.53 | 28.42 | |||
| AXTA | 1.26 | 0.28 | 0.16 | (2.72) | 1.18 | 3.27 | 8.87 |
Cross Equities Net Income Analysis
Compare Commercial Metals and related stocks such as Gerdau SA ADR, Ternium SA ADR, and Cleveland Cliffs Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GGB | 234.1 M | 2 B | 1.4 B | 1.6 B | 1.4 B | (4.6 B) | (2.9 B) | (338.7 M) | 2.3 B | 1.2 B | 2.4 B | 15.5 B | 11.4 B | 7.5 B | 4.6 B | 5.3 B | 2.7 B |
| TX | 356.6 M | 513.5 M | 139.2 M | 455.4 M | 452.4 M | 8.1 M | 595.6 M | 886.2 M | 1.5 B | 564.3 M | 778.5 M | 3.8 B | 1.8 B | 676 M | (53.7 M) | (61.7 M) | (58.6 M) |
| CLF | 20.1 M | 1.6 B | (899.4 M) | 413.5 M | (7.2 B) | (749.3 M) | 174.1 M | 374.9 M | 1.1 B | 292.8 M | (122 M) | 3 B | 1.3 B | 399 M | (754 M) | (867.1 M) | (823.7 M) |
| ESI | 987 K | 987 K | 46 M | (194.2 M) | (29.9 M) | (308.6 M) | (74 M) | (296.2 M) | (324.4 M) | 92.2 M | 75.7 M | 203.3 M | 187.2 M | 118.1 M | 244.2 M | 280.8 M | 294.9 M |
| OR | 0.0 | 17.6 M | 79 M | (455.1 M) | 1.7 B | 28.7 M | 42.1 M | (42.5 M) | (105.6 M) | (234.2 M) | 16.9 M | (18.5 M) | (87.5 M) | (37.4 M) | 16.3 M | 14.6 M | 13.9 M |
| EXP | 10.2 M | 18.7 M | 57.7 M | 124.2 M | 186.9 M | 152.6 M | 198.2 M | 256.6 M | 68.9 M | 70.9 M | 339.4 M | 374.2 M | 461.5 M | 477.6 M | 463.4 M | 532.9 M | 559.6 M |
| HBM | (2.5 M) | (150.7 M) | (20.9 M) | (95.4 M) | 65.3 M | (331.4 M) | (35.2 M) | 139.7 M | 85.4 M | (343.8 M) | (144.6 M) | (244.4 M) | 70.4 M | 66.4 M | 76.7 M | 69 M | 72.5 M |
| EMN | (209 M) | 696 M | 437 M | 1.2 B | 751 M | 848 M | 866 M | 1.5 B | 1.1 B | 759 M | 478 M | 857 M | 793 M | 894 M | 905 M | 474 M | 546.6 M |
| IAG | (3.9 M) | 806.7 M | 334.7 M | (832.5 M) | (206.8 M) | (755.3 M) | 52.6 M | 501.6 M | (28.2 M) | (412.6 M) | 42.6 M | (254.4 M) | (70.1 M) | 94.3 M | 819.6 M | 942.5 M | 989.7 M |
| AXTA | 179.4 M | 179.4 M | 243.3 M | (224.9 M) | 27.4 M | 91.6 M | 38.8 M | 36.7 M | 207.1 M | 249 M | 121.6 M | 263.9 M | 192 M | 267.4 M | 391 M | 449.6 M | 472.1 M |
Commercial Metals and related stocks such as Gerdau SA ADR, Ternium SA ADR, and Cleveland Cliffs Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Commercial Metals financial statement analysis. It represents the amount of money remaining after all of Commercial Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Commercial Metals Competitive Analysis
The better you understand Commercial Metals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Commercial Metals' 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 Commercial Metals' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Commercial Metals Competition Performance Charts
Five steps to successful analysis of Commercial Metals Competition
Commercial Metals' 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 Commercial Metals in relation to its competition. Commercial Metals' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Commercial Metals 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 Commercial Metals' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Commercial Metals, 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 Commercial Metals Correlation with its peers. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Will Metals & Mining sector continue expanding? Could Commercial diversify its offerings? Factors like these will boost the valuation of Commercial Metals. Projected growth potential of Commercial fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Commercial Metals data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.513 | Dividend Share 0.72 | Earnings Share 3.86 | Revenue Per Share | Quarterly Revenue Growth 0.11 |
Commercial Metals's market price often diverges from its book value, the accounting figure shown on Commercial's balance sheet. Smart investors calculate Commercial Metals' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Commercial Metals' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Commercial Metals' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Commercial Metals should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Commercial Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.