Compare Digital to Genesis, Industrial, LAMF, Conyers, Magnum, Energem

Comparing Digital to Genesis, Industrial, LAMF, Conyers, Magnum, Energem can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.
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Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
OPA
+ 0.83
CPAA
CPAA
+ 0.79
DTOC
ITAQ
+ 0.68
DTOC
CPAA
+ 0.66
ITAQ
OPA
+ 0.65
DTOC
OPA
+ 0.55
ITAQ
  
High negative correlations   
ENCP
- 0.35
OPA
ENCP
- 0.32
CPAA
ENCP
- 0.07
DTOC
LGVC
- 0.0
GENQ

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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.
All Fundamental Data

Competitive Analysis

    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
DTOC GENQ ITAQ LGVC CPAA OPA
 0.00 
 10.48 
Digital
 0.29 
 10.47 
Genesis
 0.00 
 10.62 
Industrial
 0.00 
 10.51 
LAMF
 0.00 
 10.25 
Conyers
 0.00 
 10.49 
Magnum
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Dangerous
Dangerous
Dangerous
Dangerous
Dangerous
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Not Rated
Not Rated
Not Rated
Not Rated
Not Rated
Current Ratio
0.74 X
3.69 X
4.12 X
14.72 X
5.09 X
N/A
Net Asset
338.88 M
89.1 M
179.15 M
32.35 M
361.83 M
203.76 M
EBITDA
(11.21 M)
(2.85 M)
(5.97 M)
(8.65 M)
(11.33 M)
(21.7 M)
Current Valuation
107.14 M
85.25 M
61.57 M
102.18 M
458.74 M
125.05 M
Price To Book
1.29 X
1.32 X
1.28 X
7.53 X
1.28 X
2.33 X
Retained Earnings
(14.2 M)
(3.16 M)
(7.16 M)
(18.91 M)
(2.25 B)
(11.89 M)
Beta
0.0239
N/A
N/A
-0.032
N/A
0.007
Number Of Employees
2
4
2
2
4
3
Shares Outstanding
10.11 M
5.87 M
1.35 M
12.49 M
35.7 M
6.6 M
Cash Flow From Operations
(795.65 K)
(1.07 M)
(1.38 M)
(789.83 K)
(994.54 K)
(1.6 M)
Total Debt
N/A
250 K
127.39 K
650
2.02 B
295.9 K
Return On Equity
N/A
N/A
N/A
N/A
N/A
0.14
Z Score
-0.18
N/A
N/A
N/A
2.52
N/A
Return On Asset
-0.0154
-0.02
-0.0107
-0.0363
-0.0018
-0.0226
Number Of Shares Shorted
886
695
104
15.79 K
9.77 K
172
Book Value Per Share
(1.00) X
(0.52) X
(1.71) X
(1.48) X
(0.26) X
(1.20) X
Total Asset
338.88 M
89.1 M
179.15 M
32.35 M
361.83 M
203.76 M
Short Ratio
0.40 X
0.04 X
0.02 X
0.12 X
0.08 X
0.01 X
Debt To Equity
N/A
N/A
6.00 %
N/A
3.25 %
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
15.0
Shares Owned By Institutions
24.37 %
93.80 %
100.00 %
7.60 %
83.50 %
93.11 %
Market Capitalization
106.84 M
84.01 M
61.99 M
101.31 M
458.74 M
125.17 M
Price To Earning
57.76 X
N/A
67.07 X
N/A
60.81 X
67.64 X
Price To Sales
N/A
N/A
N/A
1,000,000 X
N/A
N/A
Net Income
10.53 M
(519.8 K)
4.89 M
(3.49 M)
7.87 M
15.27 M
Earnings Per Share
0.05 X
(0.07) X
0.15 X
(0.17) X
0.17 X
0.62 X
Shares Owned By Insiders
81.86 %
9.49 %
N/A
24.62 %
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
4.05 B
N/A
Working Capital
(2.14 M)
(903.26 K)
(292.76 K)
(5.71 M)
1.28 M
(6.02 M)
Cash And Equivalents
290.71 K
364.02 K
745.69 K
643.11 K
1.16 M
24.57 K
Cash Per Share
0.01 X
0.03 X
0.04 X
0.02 X
0.03 X
N/A
Day Typical Price
10.48
10.51
10.62
10.58
10.25
10.49
Accumulation Distribution
N/A
0.0536
N/A
0.0223
0.0019
N/A
Market Facilitation Index
N/A
0.58
N/A
0.24
0.02
N/A
Daily Balance Of Power
0.0
(0.05)
0.0
N/A
N/A
0.0
Period Momentum Indicator
N/A
(0.03)
N/A
N/A
N/A
N/A
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
Day Median Price
10.48
10.53
10.62
10.62
10.25
10.49
Price Action Indicator
N/A
(0.07)
N/A
(0.11)
N/A
N/A
Relative Strength Index
12.44
25.77
97.76
46.68
88.75
83.27
Coefficient Of Variation
635.47
(1,102)
1130.36
7323.84
542.31
1243.6
Mean Deviation
0.1432
0.234
0.1823
0.3659
0.0665
0.2269
Jensen Alpha
0.0286
(0.04)
0.0289
0.007
0.0066
0.0268
Total Risk Alpha
(0.01)
(0.14)
(0.03)
(0.15)
(0.01)
(0.05)
Sortino Ratio
(0.19)
N/A
(0.25)
(0.09)
(0.88)
(0.13)
Downside Variance
0.2322
N/A
0.162
1.73
0.0169
0.5263
Standard Deviation
0.2534
0.5187
0.3318
0.9794
0.0889
0.4876
Kurtosis
4.39
11.5
6.22
19.52
1.34
18.59
Potential Upside
0.5831
0.282
0.6744
0.6731
0.1955
0.5803
Treynor Ratio
2.93
0.542
(0.24)
(0.11)
(3.19)
1.49
Maximum Drawdown
1.65
2.46
2.3
9.8
0.2959
4.86
Variance
0.0642
0.269
0.1101
0.9591
0.0079
0.2377
Market Risk Adjusted Performance
2.94
0.552
(0.23)
(0.10)
(3.18)
1.5
Risk Adjusted Performance
0.1004
(0.07)
0.0547
0.0126
0.0651
0.0559
Skewness
0.5038
(1.23)
1.51
0.9924
(0.35)
(0.61)
Semi Deviation
0.0
N/A
0.1066
0.7338
0.0
0.3569
Information Ratio
(0.36)
(0.34)
(0.31)
(0.12)
(1.29)
(0.19)
Value At Risk
(0.20)
(0.83)
(0.47)
(0.66)
(0.1)
(0.29)
Expected Short fall
(0.40)
N/A
(0.46)
(0.68)
(0.12)
(0.40)
Downside Deviation
0.4819
N/A
0.4025
1.32
0.1301
0.7255
Semi Variance
(0.01)
N/A
0.0114
0.5384
(0.01)
0.1274

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.
Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Investing Ideas

You can quickly originate your optimal portfoio 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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