Degama Competitors

DGMA Stock  USD 0.0001  0.00  0.00%   
Degama Software Solutions competes with Eddy Smart; as well as few others. The company conducts business under Internet Software & Services (discontinued effective close of September 28, 2018) sector and is part of Information Technology industry. Analyzing Degama Software 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 Degama Software to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Degama Software Correlation with its peers.

Degama Software vs Global Arena Correlation

No risk reduction

The correlation between Degama Software Solutions and GAHC is 1.0 (i.e., No risk reduction) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Degama Software Solutions and GAHC in the same portfolio, assuming nothing else is changed.

Moving together with Degama Stock

  1.0NPNTQ NorthPoint CommunicationsPairCorr
  1.0LYLP LoyaltyPointPairCorr
  1.0SAHN Saudi American HoldingsPairCorr
The current year's Return On Tangible Assets is expected to grow to -1.04. In addition to that, Return On Capital Employed is expected to decline to -1.49. The current year's Net Tangible Assets is expected to grow to about 2.3 M, whereas Total Assets are forecasted to decline to about 2.2 M.
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Degama Software Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Degama Software 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 Degama 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 Degama Software Solutions does not affect the price movement of the other competitor.

High positive correlations

BTVRFUBMRF
VRTCUBMRF
FDMSFUBMRF
GAHCUBMRF
VRTCBTVRF
FDMSFBTVRF
  

High negative correlations

DROPINNI
BZWRINNI
SWRMDROP
SWRMINNI
GAHCESHSF
GAHCSWRM

Risk-Adjusted Indicators

There is a big difference between Degama Stock performing well and Degama Software 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 Degama Software'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
INNI  12.78  3.42  0.14 (6.52) 11.32 
 66.00 
 129.85 
UBMRF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BZWR  25.05  9.18  0.15 (0.58) 18.41 
 57.14 
 466.67 
DROP  4.82  0.25  0.00 (0.05) 6.03 
 14.29 
 47.62 
BTVRF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
VRTC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
FDMSF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
SWRM  20.09  4.47  0.10  0.51  17.21 
 100.00 
 150.00 
ESHSF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GAHC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Degama Software Competitive Analysis

The better you understand Degama Software competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Degama Software'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 Degama Software'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
DGMA INNI UBMRF BZWR DROP BTVRF VRTC FDMSF SWRM ESHSF
 0.00 
 0.0001 
Degama
 11.76 
 0.03 
Innovaro
 0.00 
 0 
Urbanimmersive
 0.00 
 0.0002 
Business
 8.33 
 0 
Fuse
 0.00 
 0.0008 
BlueRush
 0.00 
 0.0001 
Veritec
 0.00 
 0.0001 
Fandom
 100.00 
 0.0002 
Appswarm
 0.00 
 1.00 
Eddy
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Degama Software Competition Performance Charts

Five steps to successful analysis of Degama Software Competition

Degama Software'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 Degama Software Solutions in relation to its competition. Degama Software's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Degama Software 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 Degama Software's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Degama Software Solutions, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Degama Software position

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When determining whether Degama Software Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Degama Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Degama Software Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Degama Software Solutions Stock:
Check out Degama Software Correlation with its peers.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Internet Software & Services (discontinued effective close of September 28, 2018) 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 Degama Software. Projected growth potential of Degama fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Degama Software assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(0.01)
Return On Assets
(0.07)
Return On Equity
(0.47)
Degama Software Solutions's market price often diverges from its book value, the accounting figure shown on Degama's balance sheet. Smart investors calculate Degama Software's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Degama Software's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Degama Software's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Degama Software should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Degama Software's 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.