Gooroo Competitors

Summary

Gooroo Ventures competes with Seven West, Readytech Holdings, WiseTech Global, ARN Media, and Thorney Technologies; as well as few others. Analyzing Gooroo Ventures 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 Gooroo Ventures to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Risk vs Return Analysis 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 persons.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Gooroo Ventures competition on your existing holdings.

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Gooroo Ventures Competition Correlation Matrix

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

	SWM	RDY	WTC	A1N	NTI	TEK	DDR
SWM		0.1	0.19	-0.56	0.12	-0.31	0.63	SWM
RDY	0.1		0.03	-0.06	0.02	0.09	0.0	RDY
WTC	0.19	0.03		-0.13	0.2	-0.44	0.45	WTC
A1N	-0.56	-0.06	-0.13		-0.65	0.47	-0.23	A1N
NTI	0.12	0.02	0.2	-0.65		-0.47	-0.22	NTI
TEK	-0.31	0.09	-0.44	0.47	-0.47		-0.22	TEK
DDR	0.63	0.0	0.45	-0.23	-0.22	-0.22		DDR
	SWM	RDY	WTC	A1N	NTI	TEK	DDR

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High positive correlations

DDR	+ 0.63	SWM
TEK	+ 0.47	A1N
DDR	+ 0.45	WTC
NTI	+ 0.2	WTC
WTC	+ 0.19	SWM
NTI	+ 0.12	SWM

High negative correlations

NTI	- 0.65	A1N
A1N	- 0.56	SWM
TEK	- 0.47	NTI
TEK	- 0.44	WTC
TEK	- 0.31	SWM
DDR	- 0.23	A1N

Risk-Adjusted Indicators

There is a big difference between Gooroo Stock performing well and Gooroo Ventures 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 Gooroo Ventures' 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
SWM	1.86	(0.04)	0.00	0.16	0.00	0.00	6.25	(5.88)	12.13
RDY	1.52	(0.20)	0.00	(0.15)	0.00	0.00	4.64	(3.18)	9.84
WTC	1.88	0.14	0.01	0.96	4.16	(1.65)	2.84	(3.56)	25.08
A1N	2.12	0.43	0.12	1.66	1.88	(3.39)	5.88	(4.05)	14.65
NTI	2.54	0.02	(0.01)	0.17	3.61	(3.09)	5.56	(5.36)	18.85
TEK	1.77	0.03	(0.01)	0.33	2.55	(7.35)	7.14	(6.67)	14.84
DDR	1.06	(0.14)	0.00	(0.20)	0.00	0.00	2.40	(2.08)	6.44

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Gooroo Ventures Competitive Analysis

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

Better Than Average

Worse Than Peers

View Performance Chart

	SWM	RDY	WTC	A1N	NTI	TEK	DDR
	6.25 0.15 Seven	1.02 2.90 Readytech	1.79 128.10 WiseTech	1.37 0.72 ARN	1.45 0.07 Neurotech	6.67 0.14 Thorney	2.16 8.51 Dicker
Market Volatility (90 Days Market Risk)	Out of control	Moderately volatile	Very steady	Extremely Dangerous	Out of control	Out of control	Not too volatile
Market Performance (90 Days Performance)	Very Weak	Very Weak	Insignificant	OK	Weak	Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Very Low	Below Average	Below Average	High	Quite High	Low	Very Small
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Hold	Strong Sell	Hold	Strong Sell	Strong Sell	Hold
Net Asset	1.48 B	261.43 M	2.83 B	674.47 M	12.21 M	104.48 M	927.03 M
Profit Margin	0.03 %	0.05 %	0.25 %	(0.17) %	(1.60) %	N/A	0.04 %
EBITDA	242.29 M	32.31 M	419.7 M	38.73 M	(8.24 M)	(14.32 M)	150.81 M
Operating Margin	0.03 %	0.09 %	0.39 %	0.10 %	135.32 %	1.32 %	0.06 %
Current Valuation	692 M	373.8 M	42.08 B	486.18 M	60.8 M	(14.9 M)	1.87 B
Price To Book	0.57 X	2.31 X	19.02 X	0.87 X	6.09 X	0.52 X	6.27 X
Retained Earnings	(2.97 B)	17.9 M	878.7 M	(1.22 B)	(41.56 M)	(213.37 M)	40.77 M
Beta	1.54	0.99	1.06	1.07	1.48	1.3	0.48
Number Of Employees	N/A	N/A	3.5 K	N/A	N/A	N/A	920
Shares Outstanding	1.54 B	120.21 M	334.47 M	313.05 M	1.03 B	384.96 M	180.48 M
Cash Flow From Operations	60.31 M	31.59 M	448.7 M	19.9 M	(4.6 M)	(5.51 M)	70.12 M
Annual Yield	N/A	N/A	0 %	0.07 %	N/A	N/A	0.05 %
Total Debt	515.66 M	47.06 M	104.4 M	350.84 M	314.7 K	1.26 M	323.32 M
Return On Equity	0.12	0.0391	0.13	-0.16	-0.64	-0.19	0.33
Return On Asset	0.0482	0.0247	0.0888	0.0275	-0.37	-0.0762	0.0789
Book Value Per Share	0.27 X	1.26 X	6.69 X	0.83 X	0.01 X	0.26 X	1.36 X
Total Asset	1.48 B	261.43 M	2.83 B	674.47 M	12.21 M	104.48 M	927.03 M
Target Price	0.19	4.08	130.9	0.65	0.6	1.66	10.51
Last Dividend Paid	N/A	N/A	0.17	0.048	N/A	N/A	0.47
Shares Owned By Institutions	26.73 %	47.72 %	24.61 %	45.06 %	2.23 %	35.50 %	8.17 %
Market Capitalization	238.57 M	352.21 M	42.85 B	225.4 M	72.42 M	53.89 M	1.54 B
Price To Sales	0.17 X	3.09 X	41.13 X	0.67 X	22.79 X	0.86 X	0.69 X
Net Income	45.3 M	5.46 M	262.8 M	(176.34 M)	(5.07 M)	(21.72 M)	82.14 M
Earnings Per Share	0.03 X	0.05 X	0.79 X	(0.18) X	(0.01) X	(0.05) X	0.44 X
Shares Owned By Insiders	48.03 %	17.82 %	45.46 %	47.03 %	33.64 %	26.04 %	54.84 %
Revenue	1.38 B	113.8 M	1.04 B	344.89 M	1.96 K	(11.7 M)	2.26 B
Working Capital	134.76 M	(21.44 M)	(216.1 M)	N/A	11.9 M	N/A	68.62 M
Gross Profit	269.78 M	35.58 M	691.2 M	N/A	1.19 M	(22.55 M)	283.71 M
Day Typical Price	0.15	2.91	127.47	0.71	0.0687	0.14	8.41
Accumulation Distribution	103400.0	40.9	11564.28	519.46	136285.0	N/A	8234.71
Daily Balance Of Power	(1.00)	(1.00)	0.8272	(0.33)	0.1667	(9,223,372,036,855)	0.5806
Period Momentum Indicator	(0.01)	(0.03)	2.25	(0.01)	0.001	(0.01)	0.18
Rate Of Daily Change	0.94	0.99	1.02	0.99	1.01	0.93	1.02
Day Median Price	0.16	2.92	127.16	0.71	0.068	0.14	8.36
Price Action Indicator	(0.01)	(0.03)	2.06	0.01	0.0025	(0.01)	0.25
Relative Strength Index	51.55	46.38	66.56	43.2	51.64	40.34	57.57
Coefficient Of Variation	(1,421)	(2,149)	1950.86	600.79	4056.38	5773.91	(1,828)
Mean Deviation	1.86	1.52	1.88	2.12	2.54	1.77	1.06
Jensen Alpha	(0.04)	(0.20)	0.1404	0.4309	0.0213	0.0311	(0.14)
Total Risk Alpha	(0.77)	(0.46)	(0.40)	(0.01)	(0.54)	(0.54)	(0.32)
Sortino Ratio	N/A	N/A	0.0075	0.115	(0.01)	(0.01)	N/A
Downside Variance	N/A	N/A	20.69	8.69	21.12	53.61	N/A
Standard Deviation	3.2	2.12	3.35	2.86	3.76	3.52	1.38
Kurtosis	0.6595	0.8703	10.11	0.8992	4.66	1.35	(0.08)
Potential Upside	6.25	4.64	2.84	5.88	5.56	7.14	2.4
Treynor Ratio	0.1565	(0.15)	0.9603	1.66	0.1718	0.3258	(0.20)
Maximum Drawdown	12.13	9.84	25.08	14.65	18.85	14.84	6.44
Variance	10.24	4.48	11.25	8.2	14.12	12.43	1.9
Market Risk Adjusted Performance	0.1665	(0.14)	0.9703	1.67	0.1818	0.3358	(0.19)
Risk Adjusted Performance	(0.05)	(0.03)	0.0469	0.1346	0.0268	0.0211	(0.04)
Skewness	0.0633	0.7761	(1.43)	0.56	(0.60)	0.1684	0.2019
Semi Deviation	N/A	N/A	4.16	1.88	3.61	2.55	N/A
Information Ratio	(0.11)	(0.11)	0.0102	0.1184	(0.01)	(0.02)	(0.15)
Value At Risk	(5.88)	(3.18)	(3.56)	(4.05)	(5.36)	(6.67)	(2.08)
Expected Short fall	N/A	N/A	(1.65)	(3.39)	(3.09)	(7.35)	N/A
Downside Deviation	N/A	N/A	4.55	2.95	4.6	7.32	N/A
Semi Variance	N/A	N/A	17.33	3.54	13.04	6.52	N/A

Gooroo Ventures Competition Performance Charts

Five steps to successful analysis of Gooroo Ventures Competition

Gooroo Ventures' 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 Gooroo Ventures in relation to its competition. Gooroo Ventures' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Gooroo Ventures 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 Gooroo Ventures' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Gooroo Ventures, 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 Gooroo Ventures position

In addition to having Gooroo Ventures in your portfolios, you can quickly add positions 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.

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Check out Risk vs Return Analysis 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 persons.

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Other Consideration for investing in Gooroo Stock

If you are still planning to invest in Gooroo Ventures 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 Gooroo Ventures' history and understand the potential risks before investing.

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