Green Competitors
| GRHY Stock | USD 0.0002 0.00 0.00% |
Green Hygienics vs Oracle Commodity Correlation
Very good diversification
The correlation between Green Hygienics and ORLCF is -0.3 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Green Hygienics and ORLCF in the same portfolio, assuming nothing else is changed.
Moving together with Green Pink Sheet
Moving against Green Pink Sheet
Green Hygienics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Green Hygienics and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Green 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 Green Hygienics 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 Green Pink Sheet performing well and Green Hygienics 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 Green Hygienics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SITS | 5.95 | (0.27) | 0.00 | (0.15) | 0.00 | 18.33 | 37.53 | |||
| NRCD | 0.40 | (0.20) | 0.00 | 0.57 | 0.00 | 0.00 | 13.46 | |||
| SHGI | 14.63 | 2.38 | 0.06 | 0.93 | 16.39 | 85.71 | 135.71 | |||
| QUAN | 6.38 | (1.06) | 0.00 | (1.18) | 0.00 | 12.88 | 40.44 | |||
| CSTXF | 9.08 | 0.51 | 0.02 | 0.32 | 11.36 | 36.00 | 78.93 | |||
| SOLCF | 9.95 | (1.73) | 0.00 | (0.55) | 0.00 | 21.74 | 66.07 | |||
| SMEV | 2.76 | 0.19 | 0.01 | (0.13) | 5.39 | 12.00 | 37.31 | |||
| SSPLF | 8.67 | 3.35 | 0.00 | 0.97 | 0.00 | 35.59 | 153.62 | |||
| ORLCF | 5.87 | 0.34 | 0.04 | 1.68 | 7.08 | 13.04 | 33.46 |
Green Hygienics Competitive Analysis
The better you understand Green Hygienics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Green Hygienics' 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 Green Hygienics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Green Hygienics Competition Performance Charts
Five steps to successful analysis of Green Hygienics Competition
Green Hygienics' 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 Green Hygienics in relation to its competition. Green Hygienics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Green Hygienics 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 Green Hygienics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Green Hygienics, 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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Additional Tools for Green Pink Sheet Analysis
When running Green Hygienics' price analysis, check to measure Green Hygienics' 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 Green Hygienics is operating at the current time. Most of Green Hygienics' value examination focuses on studying past and present price action to predict the probability of Green Hygienics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Hygienics' price. Additionally, you may evaluate how the addition of Green Hygienics to your portfolios can decrease your overall portfolio volatility.
