Eastern Competitors
| ELOG Stock | 1.00 0.03 2.91% |
Eastern International vs Urban Gro Correlation
Very weak diversification
The correlation between Eastern International and UGRO is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eastern International and UGRO in the same portfolio, assuming nothing else is changed.
Moving against Eastern Stock
| 0.88 | DSDVF | DSV Panalpina AS | PairCorr |
| 0.88 | DSDVY | DSV Panalpina AS | PairCorr |
| 0.88 | KHNGF | Kuehne Nagel Interna | PairCorr |
| 0.88 | KHNGY | Kuehne Nagel Interna | PairCorr |
| 0.85 | UPS | United Parcel Service | PairCorr |
Eastern International Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Eastern International 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 Eastern 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 Eastern International does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Eastern Stock performing well and Eastern International 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 Eastern International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ATXG | 3.73 | (0.14) | 0.00 | (0.22) | 0.00 | 6.82 | 39.61 | |||
| PMAX | 6.51 | 0.35 | 0.06 | 0.22 | 7.09 | 12.97 | 50.37 | |||
| IVDA | 7.61 | (1.14) | 0.00 | (0.50) | 0.00 | 16.67 | 74.33 | |||
| SGLY | 4.88 | (0.40) | 0.00 | (4.60) | 0.00 | 15.56 | 37.12 | |||
| CIGL | 5.76 | (0.45) | 0.00 | (0.05) | 0.00 | 14.55 | 45.73 | |||
| XPON | 3.89 | (0.75) | 0.00 | (0.21) | 0.00 | 8.43 | 25.78 | |||
| CLIK | 3.81 | (0.86) | 0.00 | 0.62 | 0.00 | 12.83 | 44.45 | |||
| SUNE | 5.88 | 0.80 | 0.19 | 0.33 | 4.50 | 18.52 | 53.12 | |||
| RAYA | 6.02 | (1.72) | 0.00 | (1.54) | 0.00 | 13.75 | 54.24 | |||
| UGRO | 5.53 | (0.99) | 0.00 | (0.55) | 0.00 | 12.24 | 55.24 |
Cross Equities Net Income Analysis
Compare Eastern International and related stocks such as Addentax Group Corp, Powell Max Limited, and Iveda Solutions Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ATXG | 160 | 160 | 160 | 160 | 160 | (9.7 K) | 56.3 K | (709.4 K) | (694.3 K) | (980.6 K) | (3.6 M) | 78 K | 1.3 M | (3.1 M) | (5.1 M) | 56.3 K | 59.1 K |
| PMAX | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | (98.2 K) | 7.1 M | (18 M) | (16.2 M) | (15.4 M) |
| IVDA | (50.6 K) | (4.5 M) | (3.8 M) | (6.8 M) | (5.7 M) | (3.8 M) | (914.1 K) | (914.1 K) | (914.1 K) | (914.1 K) | (1.6 M) | (3 M) | (3.3 M) | (4.1 M) | (4 M) | (3.6 M) | (3.8 M) |
| SGLY | 529.8 K | (1.8 M) | (1.8 M) | 1.6 M | 717.4 K | (2 M) | 3.6 M | 459.1 K | (6.5 M) | (16.5 M) | (10.9 M) | (28.3 M) | (23 M) | (5.1 M) | (3.9 M) | (3.5 M) | (3.7 M) |
| CIGL | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | (783 K) | 960.7 K | (83.6 M) | (75.3 M) | (71.5 M) |
| XPON | (201.3 K) | (201.3 K) | (201.3 K) | (201.3 K) | (201.3 K) | (201.3 K) | (201.3 K) | (201.3 K) | (201.3 K) | (201.3 K) | (876.5 K) | (4.7 M) | (7.5 M) | (7.5 M) | (13.5 M) | (12.1 M) | (11.5 M) |
| CLIK | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 182.9 K | 802.6 K | 935.8 K | 1.1 M | 704.5 K |
| SUNE | 116.6 M | (1.5 B) | (150.6 M) | (586.7 M) | (1.2 B) | (171.7 K) | (171.7 K) | (171.7 K) | (171.7 K) | (171.7 K) | (171.7 K) | (6.2 M) | (10.4 M) | (8.1 M) | (15.8 M) | (14.3 M) | (15 M) |
| RAYA | 951.2 K | 951.2 K | 951.2 K | 951.2 K | 951.2 K | 951.2 K | 951.2 K | 951.2 K | 951.2 K | 951.2 K | 2.2 M | 3.4 M | 3.5 M | 1.2 M | (1.1 M) | (1 M) | (954.2 K) |
| UGRO | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (1.8 M) | (2.6 M) | (3.9 M) | (8.4 M) | (5.1 M) | (875.7 K) | (15.3 M) | (18.7 M) | (18.7 M) | (36.5 M) | (34.7 M) |
Eastern International and related stocks such as Addentax Group Corp, Powell Max Limited, and Iveda Solutions Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Eastern International financial statement analysis. It represents the amount of money remaining after all of Eastern International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Eastern International Competitive Analysis
The better you understand Eastern International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Eastern International'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 Eastern International'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 |
Eastern International Competition Performance Charts
Five steps to successful analysis of Eastern International Competition
Eastern International'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 Eastern International in relation to its competition. Eastern International's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Eastern International 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 Eastern International's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Eastern International, 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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Check out Eastern International Correlation with its peers. For more detail on how to invest in Eastern Stock please use our How to Invest in Eastern International guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Can Integrated Freight & Logistics industry sustain growth momentum? Does Eastern have expansion opportunities? Factors like these will boost the valuation of Eastern International. Projected growth potential of Eastern fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Eastern International demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Investors evaluate Eastern International using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Eastern International's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Eastern International's market price to deviate significantly from intrinsic value.
It's important to distinguish between Eastern International's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Eastern International should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Eastern International's market price signifies the transaction level at which participants voluntarily complete trades.