Grupo Competitors
| GBOOY Stock | | | USD 60.48 0.36 0.60% |
Grupo Financiero Banorte competes with
Community Capital,
MF Bancorp,
Oak View, and
Citizens Holding; as well as few others. The company classifies itself under
Financial Services sector and is part of
Banks—Regional industry. Analyzing Grupo Financiero 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 Grupo Financiero to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out
Grupo Financiero Correlation with its peers.
Grupo Financiero vs Citizens Holding Correlation
Poor diversification
The correlation between Grupo Financiero Banorte and CIZN is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Grupo Financiero Banorte and CIZN in the same portfolio, assuming nothing else is changed.
Grupo Financiero Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Grupo Financiero 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 Grupo 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 Grupo Financiero Banorte does not affect the price movement of the other competitor.
High positive correlations | | High negative correlations |
Risk-Adjusted IndicatorsThere is a big difference between Grupo OTC Stock performing well and Grupo Financiero 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 Grupo Financiero'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.
Grupo Financiero Competitive Analysis
The better you understand Grupo Financiero competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Grupo Financiero'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 Grupo Financiero's competition over several years is one of the best ways to analyze its investment potential.
Grupo Financiero Competition Performance Charts
Five steps to successful analysis of Grupo Financiero Competition
Grupo Financiero'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 Grupo Financiero Banorte in relation to its competition. Grupo Financiero's competition analysis typically involves several steps, including:
- Identifying the key players in the market: This involves identifying the major competitors of Grupo Financiero 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 Grupo Financiero's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Grupo Financiero Banorte, 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 Grupo Financiero position
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Data Storage
Companies making data storages or providing data storage services. The Data Storage theme has 43 constituents at this time.
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Additional Tools for Grupo OTC Stock Analysis
When running Grupo Financiero's price analysis, check to
measure Grupo Financiero's 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 Grupo Financiero is operating at the current time. Most of Grupo Financiero's value examination focuses on studying past and present price action to
predict the probability of Grupo Financiero's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Financiero's price. Additionally, you may evaluate how the addition of Grupo Financiero to your portfolios can decrease your overall portfolio volatility.
