Charles Competitors
| CRL Stock | USD 183.70 17.92 8.89% |
Charles River vs Caris Life Correlation
Average diversification
The correlation between Charles River Laboratories and CAI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Charles River Laboratories and CAI in the same portfolio, assuming nothing else is changed.
Moving together with Charles Stock
Moving against Charles Stock
| 0.5 | A | Agilent Technologies | PairCorr |
| 0.42 | SIGL | Signal Advance | PairCorr |
| 0.41 | TEM | Tempus AI Class | PairCorr |
| 0.34 | HNRC | Houston Natural Resources | PairCorr |
Charles River Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Charles River 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 Charles 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 Charles River Labora 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 Charles Stock performing well and Charles River 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 Charles River'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QGEN | 1.43 | 0.25 | 0.15 | (0.70) | 1.19 | 2.86 | 19.34 | |||
| BIO | 1.24 | (0.14) | 0.00 | (0.07) | 0.00 | 3.02 | 8.43 | |||
| BAX | 1.55 | 0.15 | 0.06 | 1.47 | 1.77 | 3.32 | 9.48 | |||
| AVTR | 1.60 | (0.17) | 0.00 | (0.10) | 0.00 | 3.20 | 13.43 | |||
| RVTY | 1.74 | 0.06 | 0.04 | 0.08 | 1.85 | 4.52 | 11.58 | |||
| PEN | 1.84 | 0.64 | 0.35 | 1.71 | 1.17 | 4.14 | 23.11 | |||
| DVA | 1.66 | 0.36 | 0.22 | 0.61 | 1.29 | 4.25 | 15.73 | |||
| RNA | 0.17 | 0.05 | 0.10 | 0.95 | 0.00 | 0.38 | 1.75 | |||
| CAI | 2.45 | (0.49) | 0.00 | (1.83) | 0.00 | 4.14 | 19.89 |
Cross Equities Net Income Analysis
Compare Charles River Labora and related stocks such as Qiagen NV, Bio Rad Laboratories, and Baxter International Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QGEN | 2.4 M | 96 M | 129.5 M | 69.1 M | 116.4 M | 130.1 M | 80.4 M | 40.4 M | 190.4 M | (41.5 M) | 359.2 M | 512.6 M | 423.2 M | 341.3 M | 83.6 M | 96.1 M | 120.9 M |
| BIO | 4.3 M | 178.2 M | 169.2 M | 77.8 M | 88.8 M | 113.1 M | 28.1 M | 114.7 M | 361 M | 1.8 B | 3.8 B | 4.3 B | (3.6 B) | (637.3 M) | (1.8 B) | (2.1 B) | (2 B) |
| BAX | 137 M | 2.2 B | 2.3 B | 2 B | 2.5 B | 968 M | 5 B | 602 M | 1.5 B | 1 B | 1.1 B | 1.3 B | (2.4 B) | 2.7 B | (649 M) | (746.4 M) | (709 M) |
| AVTR | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | (42.4 M) | (112.7 M) | (86.9 M) | 37.8 M | 116.6 M | 572.6 M | 686.5 M | 321.1 M | 711.5 M | 818.2 M | 859.1 M |
| RVTY | 55.7 M | 1.2 M | 68.4 M | 167.9 M | 158 M | 212.5 M | 233.7 M | 113 M | 238.8 M | 227.6 M | 728.1 M | 943.2 M | 569.2 M | (118.4 M) | 295.8 M | 241.7 M | 163.4 M |
| PEN | 2 M | 2 M | 2 M | 4.1 M | 2.2 M | 2.4 M | 14.8 M | 4.7 M | 6.6 M | 48.5 M | (19.3 M) | 2.6 M | (2 M) | 91 M | 14 M | 16.1 M | 14.5 M |
| DVA | 4.9 M | 478 M | 536 M | 633.4 M | 723.1 M | 269.7 M | 879.9 M | 663.6 M | 159.4 M | 811 M | 773.6 M | 978.5 M | 560.4 M | 691.5 M | 936.3 M | 746.8 M | 432.3 M |
| RNA | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (24.7 M) | (44 M) | (117.4 M) | (169.1 M) | (212.2 M) | (322.3 M) | (290.1 M) | (275.6 M) |
| CAI | (2.6 M) | 50.2 M | 63.5 M | 63.9 M | 60.3 M | 26.8 M | 6 M | 72.1 M | 78.6 M | 31 M | 27.7 M | (320.8 M) | (320.8 M) | (341.4 M) | (281.9 M) | (253.7 M) | (241 M) |
Charles River Labora and related stocks such as Qiagen NV, Bio Rad Laboratories, and Baxter International Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Charles River Labora financial statement analysis. It represents the amount of money remaining after all of Charles River Laboratories operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Charles River Competitive Analysis
The better you understand Charles River competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Charles River'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 Charles River'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 |
Charles River Competition Performance Charts
Five steps to successful analysis of Charles River Competition
Charles River'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 Charles River Labora in relation to its competition. Charles River's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Charles River 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 Charles River's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Charles River Labora, 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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Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Charles River. Projected growth potential of Charles fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Charles River assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.17) | Earnings Share (1.52) | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets |
Understanding Charles River Labora requires distinguishing between market price and book value, where the latter reflects Charles's accounting equity. The concept of intrinsic value - what Charles River's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Charles River's price substantially above or below its fundamental value.
It's important to distinguish between Charles River's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Charles River should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Charles River's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.