Central Competitors
Central Wireless competes with Liberty Broadband, Ribbon Communications, Liberty Broadband, Shenandoah Telecommunicatio, and Anterix; as well as few others. The company conducts business under Diversified Telecommunication Services sector and is part of Communication Services industry. Analyzing Central Wireless 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 Central Wireless to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Central Wireless Correlation with its peers. To learn how to invest in Central Stock, please use our How to Invest in Central Wireless guide.
As of 11/24/2024, Return On Tangible Assets is likely to drop to -4.22. In addition to that, Return On Capital Employed is likely to drop to 2.89. At this time, Central Wireless' Total Assets are relatively stable compared to the past year. As of 11/24/2024, Other Current Assets is likely to grow to about 60.9 K, while Return On Tangible Assets are likely to drop (4.22).
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 Central Wireless competition on your existing holdings.
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Central Wireless Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Central Wireless 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 Central 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 Central Wireless does not affect the price movement of the other competitor.
| 0.85 | 1.0 | -0.65 | -0.66 | LBRDA | ||
| 0.85 | 0.85 | -0.47 | -0.64 | RBBN | ||
| 1.0 | 0.85 | -0.64 | -0.66 | LBRDK | ||
| -0.65 | -0.47 | -0.64 | 0.59 | SHEN | ||
| -0.66 | -0.64 | -0.66 | 0.59 | ATEX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Central Stock performing well and Central Wireless 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 Central Wireless' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LBRDA | 2.17 | 0.47 | 0.27 | 0.44 | 1.49 | 4.70 | 33.07 | |||
| RBBN | 2.17 | 0.04 | 0.08 | 0.14 | 2.34 | 4.79 | 13.44 | |||
| LBRDK | 2.13 | 0.44 | 0.27 | 0.43 | 1.51 | 4.96 | 30.97 | |||
| SHEN | 2.46 | (0.21) | 0.00 | (0.04) | 0.00 | 5.32 | 25.16 | |||
| ATEX | 1.58 | (0.20) | 0.00 | (0.36) | 0.00 | 3.31 | 12.42 |
Cross Equities Net Income Analysis
Compare Central Wireless and related stocks such as Liberty Broadband Srs, Ribbon Communications, and Liberty Broadband Srs Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LBRDA | 607.4 M | 607.4 M | 44.2 M | (41.7 M) | (134.6 M) | (50.2 M) | 917.3 M | 2 B | 70 M | 117.2 M | 398 M | 732 M | 1.3 B | 688 M | 561.7 M |
| RBBN | (6.9 M) | (12.7 M) | (50.2 M) | (22.1 M) | (16.9 M) | (31.9 M) | (13.9 M) | (35.3 M) | (76.8 M) | (130.1 M) | 88.6 M | (177.2 M) | (98.1 M) | (66.2 M) | (69.5 M) |
| LBRDK | 607.4 M | 607.4 M | 44.2 M | (41.7 M) | (134.6 M) | (50.2 M) | 917.3 M | 2 B | 70 M | 117.2 M | 398 M | 732 M | 1.3 B | 688 M | 561.7 M |
| SHEN | 4 M | 13 M | 16.3 M | 29.6 M | 33.9 M | 40.9 M | (895 K) | 66.4 M | 46.6 M | 54.9 M | 2.6 M | 7.9 M | (8.4 M) | 8 M | 7.6 M |
| ATEX | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (14.7 M) | (21.8 M) | (39.2 M) | (30.6 M) | (42 M) | (37.6 M) | (54.4 M) | (37.5 M) | (16.3 M) | (9.1 M) | (9.6 M) |
Central Wireless and related stocks such as Liberty Broadband Srs, Ribbon Communications, and Liberty Broadband Srs Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Central Wireless financial statement analysis. It represents the amount of money remaining after all of Central Wireless operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Central Wireless Competitive Analysis
The better you understand Central Wireless competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Central Wireless' 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 Central Wireless' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Central Wireless Competition Performance Charts
Five steps to successful analysis of Central Wireless Competition
Central Wireless' 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 Central Wireless in relation to its competition. Central Wireless' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Central Wireless 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 Central Wireless' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Central Wireless, 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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Additional Tools for Central Stock Analysis
When running Central Wireless' price analysis, check to measure Central Wireless' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Central Wireless is operating at the current time. Most of Central Wireless' value examination focuses on studying past and present price action to predict the probability of Central Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Wireless' price. Additionally, you may evaluate how the addition of Central Wireless to your portfolios can decrease your overall portfolio volatility.