Fortescue Competitors

FSUGY Stock

USD 31.01 0.73 2.41%

Fortescue Metals competes with IGO, Québec Nickel, IGO, Hannan Metals, and Anglo American; as well as few others. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Fortescue Metals 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 Fortescue Metals to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fortescue Metals Correlation with its peers.

Fortescue Metals vs Lithium Australia Correlation

Very good diversification

The correlation between Fortescue Metals Group and LMMFF is -0.36 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fortescue Metals Group and LMMFF in the same portfolio, assuming nothing else is changed.

Moving together with Fortescue OTC Stock

0.73	BHPLF	BHP Group Limited Earnings Call This Week	Pair Corr
0.76	RIO	Rio Tinto ADR	Pair Corr
0.77	BHP	BHP Group Limited Earnings Call This Week	Pair Corr
0.79	RTNTF	Rio Tinto Group	Pair Corr
0.76	RTPPF	Rio Tinto Group	Pair Corr

Moving against Fortescue OTC Stock

0.54	HPQ	HP Inc	Pair Corr
0.52	MSFT	Microsoft	Pair Corr
0.51	SIGL	Signal Advance	Pair Corr
0.34	HNRC	Houston Natural Resources	Pair Corr

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
28.45	30.28	32.11

Details

Intrinsic

Valuation

Low	Real	High
27.54	29.37	31.20

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fortescue Metals. Your research has to be compared to or analyzed against Fortescue Metals' peers to derive any actionable benefits. When done correctly, Fortescue Metals' 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 Fortescue Metals.

Fortescue Metals Competition Correlation Matrix

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

	IPGDF	QNICF	IIDDY	HANNF	AAUKF	GLNCY	SHTLF	SOUHY	CRECF	CXOXF
IPGDF		0.81	0.86	0.24	0.82	0.88	0.82	0.85	0.6	0.83	IPGDF
QNICF	0.81		0.89	-0.05	0.9	0.93	0.9	0.92	0.8	0.54	QNICF
IIDDY	0.86	0.89		0.09	0.9	0.92	0.89	0.89	0.76	0.63	IIDDY
HANNF	0.24	-0.05	0.09		0.06	0.08	-0.05	0.01	-0.13	0.39	HANNF
AAUKF	0.82	0.9	0.9	0.06		0.94	0.96	0.96	0.68	0.54	AAUKF
GLNCY	0.88	0.93	0.92	0.08	0.94		0.95	0.97	0.78	0.64	GLNCY
SHTLF	0.82	0.9	0.89	-0.05	0.96	0.95		0.97	0.7	0.53	SHTLF
SOUHY	0.85	0.92	0.89	0.01	0.96	0.97	0.97		0.72	0.57	SOUHY
CRECF	0.6	0.8	0.76	-0.13	0.68	0.78	0.7	0.72		0.38	CRECF
CXOXF	0.83	0.54	0.63	0.39	0.54	0.64	0.53	0.57	0.38		CXOXF
	IPGDF	QNICF	IIDDY	HANNF	AAUKF	GLNCY	SHTLF	SOUHY	CRECF	CXOXF

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High positive correlations

SOUHY	+ 0.97	GLNCY
SOUHY	+ 0.97	SHTLF
SHTLF	+ 0.96	AAUKF
SOUHY	+ 0.96	AAUKF
SHTLF	+ 0.95	GLNCY
GLNCY	+ 0.94	AAUKF

High negative correlations

CRECF	- 0.13	HANNF
SHTLF	- 0.05	HANNF
HANNF	- 0.05	QNICF

Risk-Adjusted Indicators

There is a big difference between Fortescue OTC Stock performing well and Fortescue Metals OTC Stock 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 Fortescue Metals' 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
IPGDF	2.56	0.91	0.16	(1.58)	2.03	(5.84)	8.43	(3.99)	27.15
QNICF	5.90	2.48	0.00	(0.81)	0.00	0.00	0.00	(7.14)	122.67
IIDDY	1.76	0.91	0.00	(7.73)	0.00	0.00	0.00	0.00	42.97
HANNF	3.63	0.03	(0.01)	(0.28)	4.24	(4.32)	8.77	(7.14)	25.53
AAUKF	1.84	0.45	0.11	(4.94)	1.84	(2.86)	5.62	(3.36)	14.94
GLNCY	1.73	0.56	0.23	0.64	1.76	(1.90)	4.32	(2.72)	15.51
SHTLF	2.66	0.84	0.20	(0.91)	2.12	(4.94)	7.50	(4.65)	21.07
SOUHY	1.57	0.65	0.37	0.64	1.23	(1.94)	3.54	(2.05)	12.02
CRECF	3.29	0.06	0.02	0.13	3.46	(5.36)	8.33	(7.69)	21.73
CXOXF	7.58	0.81	0.09	0.69	7.03	(12.31)	22.22	(13.33)	64.07

Fortescue Metals Competitive Analysis

The better you understand Fortescue Metals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fortescue Metals' 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 Fortescue Metals' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	FSUGY	IPGDF	QNICF	IIDDY	HANNF	AAUKF	GLNCY	SHTLF	SOUHY	CRECF
	2.41 31.01 Fortescue	2.74 6.00 IGO	12.50 0.14 Québec	0.00 11.98 IGO	9.62 0.57 Hannan	0.12 48.75 Anglo	4.44 13.65 Glencore	3.56 3.20 South32	2.67 16.14 South32	2.94 0.33 Critical
Market Volatility (90 Days Market Risk)	Very steady	Relatively risky	Out of control	Slightly risky	Out of control	Very steady	Not too volatile	Risky	Not too volatile	Out of control
Market Performance (90 Days Performance)	Good	Solid	Good	Good	Soft	Good	Solid	Solid	Strong	Soft
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Moderate	Low	Low	Low	Low	Fair
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Under Valued	Over Valued	Under Valued	Under Valued	Over Valued	Under Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Sell	Strong Sell	Strong Buy	Strong Sell	Strong Hold	Strong Buy	Strong Sell	Strong Buy	Strong Sell
Current Ratio	2.85	1.69	N/A	1.69	8.61	1.9	1.24	2.23	2.23	18.49
Net Asset	28.38 B	4.85 B	9.22 M	4.85 B	8.34 M	65.98 B	127.51 B	16.34 B	16.34 B	65.77 M
Profit Margin	0.36	0.78	N/A	0.78	N/A	0.19	0.0646	0.28	0.28	N/A
EBITDA	10.4 B	645.1 M	N/A	645.1 M	(874.57 K)	20.89 B	14.68 B	4.47 B	4.47 B	(3.61 M)
Operating Margin	0.52	0.28	N/A	0.28	N/A	0.36	0.0844	0.37	0.37	N/A
Current Valuation	43.4 B	7.96 B	10.46 M	7.96 B	23.56 M	57.89 B	113.37 B	12.46 B	12.46 B	291.99 M
Price To Book	2.46	3.4	2.69	3.41	4.3	1.92	1.81	1.15	1.21	7.29
Retained Earnings	7.06 B	(159 M)	N/A	N/A	N/A	27.58 B	(5.61 B)	(1.98 B)	(1.98 B)	(13.83 M)
Current Asset	2.42 B	129 M	N/A	N/A	N/A	11.7 B	46.81 B	2.7 B	2.7 B	126 K
Five Year Return	10.39	N/A	N/A	N/A	N/A	4.41	3.5	3.41	3.77	N/A
Beta	0.94	0.92	N/A	0.92	0.57	1.29	1.26	1.03	1.03	0.73
Number Of Employees	42	24	3	5	12	106 K	135 K	9.1 K	9.1 K	13
Shares Outstanding	1.54 B	757.27 M	98.31 M	378.63 M	102 M	1.34 B	6.34 B	4.57 B	914.42 M	214.81 M
Cash Flow From Operations	6.65 B	357.1 M	N/A	357.1 M	(727.03 K)	16.72 B	8.86 B	3.07 B	3.07 B	(6.01 M)
Annual Yield	0.0926	0.0129	N/A	0.0126	N/A	0.0617	0.0415	0.0676	0.0702	N/A
Total Debt	5.28 B	713.5 M	N/A	713.5 M	N/A	10.95 B	25.72 B	815 M	815 M	746.31 K
Return On Equity	0.35	0.23	N/A	0.23	-0.0741	0.25	0.39	0.27	0.27	-0.12
Z Score	5.4	6.0	N/A	6.6	N/A	2.4	2.8	10.8	10.8	N/A
Return On Asset	0.2	0.0427	N/A	0.0427	-0.0464	0.12	0.0982	0.15	0.15	-0.0645
Book Value Per Share	11.27	5.18	N/A	10.36	0.1	23.5	7.27	2.34	11.68	0.31
Current Liabilities	1.63 B	160 M	N/A	N/A	N/A	5.41 B	43.79 B	1.38 B	1.38 B	541 K
Total Asset	28.38 B	4.85 B	9.22 M	4.85 B	8.34 M	65.98 B	127.51 B	16.34 B	16.34 B	65.77 M
Debt To Equity	0.35	0.28	N/A	0.28	0.035	0.37	0.7	0.17	0.17	0.012
Last Dividend Paid	1.43	0.19	N/A	0.19	N/A	2.42	0.26	0.23	0.23	N/A
Target Price	N/A	N/A	N/A	N/A	N/A	26.76	14.0	N/A	N/A	N/A
Shares Owned By Institutions	0.014	50.73	4.51	N/A	4.0	56.3	0.03	41.73	0.15	5.83
Market Capitalization	47.72 B	7.69 B	11.52 M	7.88 B	20.63 M	52.93 B	80.42 B	15 B	14.83 B	438.43 M
Price To Earning	6.34	74.36	N/A	72.52	7.12	23.22	4.54	4.02	4.37	-94.53
Price To Earnings To Growth	N/A	N/A	N/A	N/A	N/A	N/A	0.41	0.5	0.49	N/A
Price To Sales	2.4	8.14	N/A	8.75	N/A	1.38	0.35	1.39	1.34	N/A
Net Income	6.2 B	330.9 M	N/A	330.9 M	(881.07 K)	8.56 B	4.97 B	2.67 B	2.67 B	(6.42 M)
Earnings Per Share	4.05	0.76	N/A	1.52	-0.011	5.71	2.38	0.57	2.85	-0.017
Shares Owned By Insiders	N/A	12.09	3.94	N/A	12.0	7.26	N/A	0.53	N/A	4.3
Revenue	17.31 B	845.2 M	N/A	845.2 M	N/A	41.55 B	203.75 B	9.27 B	9.27 B	N/A
Working Capital	789 M	(31 M)	N/A	N/A	N/A	6.29 B	3.02 B	1.32 B	1.32 B	(415 K)
Cash And Equivalents	5.22 B	493.9 M	N/A	493.9 M	2.38 M	9.28 B	2.88 B	2.36 B	2.36 B	33.71 M
Cash Per Share	3.4	0.65	N/A	1.3	0.02	7.64	0.44	0.51	2.56	0.16
Gross Profit	9.74 B	694.9 M	N/A	694.9 M	N/A	28.19 B	12.38 B	6.26 B	6.26 B	N/A
Day Typical Price	30.93	6.0	0.14	11.98	0.55	48.75	13.57	3.2	16.14	0.33
Accumulation Distribution	54.28	N/A	N/A	N/A	0.12	N/A	1769.99	N/A	433.34	N/A
Market Facilitation Index	0.0	N/A	N/A	N/A	0.07	N/A	0.0	N/A	0.0	N/A
Daily Balance Of Power	3.173913	9.2 T	0	0.0	0.7143	9.2 T	1.870968	9.2 T	1.448276	0
Period Momentum Indicator	0.73	0.16	(0.02)	N/A	0.05	0.06	0.58	0.11	0.42	(0.01)
Rate Of Daily Change	1.02	1.03	0.88	1.0	1.1	1.0	1.04	1.04	1.03	0.97
Day Median Price	30.9	6.0	0.14	11.98	0.54	48.75	13.52	3.2	16.14	0.33
Price Action Indicator	0.48	0.08	(0.01)	N/A	0.05	0.03	0.42	0.055	0.21	(0.01)
Coefficient Of Variation	716.94	477.43	697.11	594.09	13431.09	620.81	376.65	480.84	268.83	2327.44
Mean Deviation	1.34	2.56	5.9	1.76	3.63	1.84	1.73	2.66	1.57	3.29
Jensen Alpha	0.174	0.9146	2.48	0.9089	0.0342	0.4455	0.5576	0.8375	0.6509	0.0582
Total Risk Alpha	0.0425	0.4056	0.512	0.3042	(0.51)	0.1316	0.3739	0.354	0.5289	(0.31)
Sortino Ratio	0.0752	0.1585	N/A	N/A	(0.01)	0.1101	0.2304	0.196	0.3662	0.0192
Downside Variance	4.05	24.09	N/A	N/A	22.97	10.07	5.86	11.87	3.32	24.35
Standard Deviation	1.79	4.18	15.67	5.4	4.83	2.78	2.47	3.72	2.06	4.49
Kurtosis	1.07	6.13	27.18	54.03	0.7352	2.73	2.28	1.48	1.3	0.5901
Potential Upside	3.01	8.43	N/A	N/A	8.77	5.62	4.32	7.5	3.54	8.33
Treynor Ratio	0.3225	(1.58)	(0.81)	(7.73)	(0.28)	(4.94)	0.6449	(0.91)	0.6377	0.1295
Maximum Drawdown	9.16	27.15	122.67	42.97	25.53	14.94	15.51	21.07	12.02	21.73
Variance	3.2	17.5	245.41	29.14	23.3	7.72	6.11	13.84	4.24	20.2
Market Risk Adjusted Performance	0.3325	(1.57)	(0.80)	(7.72)	(0.27)	(4.93)	0.6549	(0.90)	0.6477	0.1395
Risk Adjusted Performance	0.1174	0.1761	0.1245	0.1435	0.0143	0.1363	0.2197	0.1746	0.3044	0.0427
Skewness	(0.60)	1.62	4.91	7.15	0.4126	0.6247	0.3104	0.6815	(0.12)	0.4258
Semi Deviation	1.7	2.03	N/A	N/A	4.24	1.84	1.76	2.12	1.23	3.46
Information Ratio	0.0846	0.186	0.1372	0.1501	(0.01)	0.1257	0.2257	0.1815	0.3242	0.0211
Value At Risk	(2.80)	(3.99)	(7.14)	N/A	(7.14)	(3.36)	(2.72)	(4.65)	(2.05)	(7.69)
Expected Short fall	(1.34)	(5.84)	N/A	N/A	(4.32)	(2.86)	(1.90)	(4.94)	(1.94)	(5.36)
Downside Deviation	2.01	4.91	N/A	N/A	4.79	3.17	2.42	3.45	1.82	4.93
Semi Variance	2.88	4.13	N/A	N/A	17.97	3.38	3.1	4.49	1.52	11.98

Fortescue Metals Competition Performance Charts

Five steps to successful analysis of Fortescue Metals Competition

Fortescue Metals' 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 Fortescue Metals in relation to its competition. Fortescue Metals' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Fortescue Metals 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 Fortescue Metals' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fortescue Metals, 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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Additional Tools for Fortescue OTC Stock Analysis

When running Fortescue Metals' price analysis, check to measure Fortescue Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortescue Metals is operating at the current time. Most of Fortescue Metals' value examination focuses on studying past and present price action to predict the probability of Fortescue Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortescue Metals' price. Additionally, you may evaluate how the addition of Fortescue Metals to your portfolios can decrease your overall portfolio volatility.

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