Deepak Competitors
| DEEPAKNTR | 2,727 21.25 0.79% |
Deepak |
Specify up to 10 symbols:
Deepak Nitrite Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Deepak Nitrite 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 Deepak 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 Deepak Nitrite does not affect the price movement of the other competitor.
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Deepak Stock performing well and Deepak Nitrite 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 Deepak Nitrite'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NMDC | 1.70 | (0.04) | (0.05) | 0.03 | 1.89 | 3.96 | 8.71 | |||
| SAIL | 1.55 | (0.28) | 0.00 | (0.89) | 0.00 | 3.24 | 8.70 | |||
| GNFC | 1.43 | (0.14) | 0.00 | (11.05) | 0.00 | 2.45 | 11.02 | |||
| JTLIND | 2.78 | (0.91) | 0.00 | 1.62 | 0.00 | 3.62 | 60.24 |
Cross Equities Net Income Analysis
Compare Deepak Nitrite and related stocks such as NMDC Limited, Steel Authority, and Gujarat Narmada Valley Net Income Over Time
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NMDC | 2.5 B | 72.7 B | 63.4 B | 63.7 B | 63.5 B | 29.3 B | 25.4 B | 38.1 B | 46.2 B | 35.7 B | 62.8 B | 94.3 B | 56 B | 55.8 B | 45 B |
| SAIL | 26 B | 35.9 B | 23.3 B | 26.5 B | 21.6 B | (43 B) | (27.6 B) | (2.8 B) | 23.5 B | 21.2 B | 41.5 B | 122.4 B | 21.8 B | 30.7 B | 28.6 B |
| GNFC | 759 M | 2.8 B | 2.7 B | 2.9 B | (4.5 B) | 2.3 B | 5.3 B | 7.9 B | 7.5 B | 5.1 B | 7 B | 17.1 B | 14.7 B | 5 B | 4.7 B |
| JTLIND | 14.1 M | 2.2 M | 6 M | 5.4 M | 8.3 M | 12.1 M | 13.8 M | 80.4 M | 145 M | 100.8 M | 200.6 M | 610.6 M | 901.3 M | 1.1 B | 1.2 B |
Deepak Nitrite and related stocks such as NMDC Limited, Steel Authority, and Gujarat Narmada Valley Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Deepak Nitrite financial statement analysis. It represents the amount of money remaining after all of Deepak Nitrite Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Deepak Nitrite Competitive Analysis
The better you understand Deepak Nitrite competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Deepak Nitrite'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 Deepak Nitrite'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 |
Deepak Nitrite Competition Performance Charts
Five steps to successful analysis of Deepak Nitrite Competition
Deepak Nitrite'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 Deepak Nitrite in relation to its competition. Deepak Nitrite's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Deepak Nitrite 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 Deepak Nitrite's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Deepak Nitrite, 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 Deepak Nitrite position
In addition to having Deepak Nitrite in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks - Regional Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Deepak Stock
Deepak Nitrite financial ratios help investors to determine whether Deepak Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Deepak with respect to the benefits of owning Deepak Nitrite security.