Decker Competitors

DMFGDelisted Stock  USD 55.00  0.00  0.00%   
Decker Manufacturing competes with Toho Titanium, Vow ASA, Golden Energy, Cibl, and Global Crossing; as well as few others. The company conducts business under Industrials sector and is part of Tools & Accessories industry. Analyzing Decker Manufacturing 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 Decker Manufacturing to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Decker Manufacturing vs Janel Corp Correlation

Poor diversification

The correlation between Decker Manufacturing and JANL is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Decker Manufacturing and JANL in the same portfolio, assuming nothing else is changed.

Moving together with Decker Pink Sheet

  0.63SNA Snap OnPairCorr
  0.68RBC RBC BearingsPairCorr
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Hype
Prediction
LowEstimatedHigh
55.0055.0055.00
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Intrinsic
Valuation
LowRealHigh
45.4845.4860.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Decker Manufacturing. Your research has to be compared to or analyzed against Decker Manufacturing's peers to derive any actionable benefits. When done correctly, Decker Manufacturing's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Decker Manufacturing.

Decker Manufacturing Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Decker Manufacturing and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Decker 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 Decker Manufacturing does not affect the price movement of the other competitor.

High positive correlations

JANLTTNMF
JETMFDYFSF
JANLSSHPF
JETMFGEOUF
SSHPFTTNMF
GNOLFDYFSF
  

High negative correlations

GEOUFSSHPF
JANLGEOUF
GEOUFTTNMF
JETMFSSHPF
DYFSFSSHPF
JANLJETMF

Risk-Adjusted Indicators

There is a big difference between Decker Pink Sheet performing well and Decker Manufacturing 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 Decker Manufacturing'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
TTNMF  2.04  0.92  0.23 (1.69) 0.59 
 6.38 
 33.69 
SSHPF  2.21  0.86  0.00 (1.44) 0.00 
 0.00 
 79.74 
DYFSF  4.75 (0.28) 0.00  0.96  0.00 
 16.67 
 30.95 
GEOUF  2.11 (1.14) 0.00  6.61  0.00 
 0.00 
 42.65 
CIBY  0.38 (0.02) 0.00  0.04  0.00 
 0.30 
 19.32 
JETMF  2.89 (0.42) 0.00 (0.56) 0.00 
 5.08 
 22.05 
SUNTF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
YJGJ  11.88  3.38  0.00  0.58  0.00 
 0.00 
 266.67 
GNOLF  0.99 (0.43) 0.00  0.59  0.00 
 0.00 
 33.11 
JANL  2.64  0.99  0.00 (2.29) 0.00 
 6.98 
 59.62 

Decker Manufacturing Competitive Analysis

The better you understand Decker Manufacturing competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Decker Manufacturing'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 Decker Manufacturing'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
DMFG TTNMF SSHPF DYFSF GEOUF CIBY JETMF SUNTF YJGJ GNOLF
 0.00 
 55.00 
Decker
 1.86 
 1.64 
Toho
 6.06 
 0.31 
Vow
 14.29 
 0.06 
DynaCERT
 0.00 
 0.66 
Golden
 0.00 
 1,700 
Cibl
 1.69 
 0.58 
Global
 0.00 
 0.0007 
Suncorp
 0.00 
 4.83 
Yijia
 0.00 
 0.01 
Genoil
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Decker Manufacturing Competition Performance Charts

Five steps to successful analysis of Decker Manufacturing Competition

Decker Manufacturing'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 Decker Manufacturing in relation to its competition. Decker Manufacturing's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Decker Manufacturing 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 Decker Manufacturing's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Decker Manufacturing, 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.

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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Decker Pink Sheet

If you are still planning to invest in Decker Manufacturing check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Decker Manufacturing's history and understand the potential risks before investing.
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