Globavend Competitors
| GVH Stock | 1.16 0.02 1.69% |
Globavend Holdings vs Linkers Industries Correlation
Very good diversification
The correlation between Globavend Holdings Limited and LNKS is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Globavend Holdings Limited and LNKS in the same portfolio, assuming nothing else is changed.
Moving against Globavend Stock
| 0.93 | FDX | FedEx | PairCorr |
| 0.91 | UPS | United Parcel Service | PairCorr |
| 0.91 | UPAB | United Parcel Service | PairCorr |
| 0.89 | EXPD | Expeditors International | PairCorr |
| 0.89 | NCEW | New Century Logistics | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Globavend Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Globavend Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Globavend Holdings 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 Globavend 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 Globavend Holdings 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 Globavend Stock performing well and Globavend Holdings 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 Globavend Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASTC | 3.39 | (0.35) | 0.00 | (0.34) | 0.00 | 6.67 | 25.08 | |||
| MNTS | 9.23 | (1.04) | 0.00 | (0.15) | 0.00 | 17.86 | 70.67 | |||
| IPDN | 4.49 | (1.34) | 0.00 | (1.91) | 0.00 | 7.51 | 28.74 | |||
| ATXG | 3.31 | (0.54) | 0.00 | (0.38) | 0.00 | 6.38 | 19.94 | |||
| AEHL | 9.64 | (0.07) | 0.01 | 0.03 | 9.73 | 10.83 | 134.82 | |||
| DFSC | 4.84 | (1.21) | 0.00 | (0.37) | 0.00 | 9.38 | 48.93 | |||
| GLXG | 5.69 | (0.83) | 0.00 | (0.76) | 0.00 | 12.50 | 53.25 | |||
| CHNR | 3.76 | (0.36) | 0.00 | (0.33) | 0.00 | 8.87 | 29.14 | |||
| JCSE | 6.05 | 0.80 | 0.12 | 0.35 | 5.89 | 17.12 | 110.44 | |||
| LNKS | 7.86 | 1.95 | 0.25 | 0.95 | 6.39 | 22.58 | 88.10 |
Cross Equities Net Income Analysis
Compare Globavend Holdings and related stocks such as Astrotech Corp, Momentus, and Professional Diversity Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASTC | 8.6 M | (2.7 M) | (185 K) | (5 M) | 10.8 M | (13.1 M) | (11.6 M) | (13.3 M) | (7.5 M) | (8.3 M) | (7.6 M) | (7.6 M) | (9.6 M) | (11.7 M) | (13.8 M) | (12.5 M) | (11.8 M) |
| MNTS | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | 62.4 K | (307 M) | 120.7 M | (99.6 M) | (68.9 M) | (34.9 M) | (31.5 M) | (33 M) |
| IPDN | 1.1 M | 1.6 M | 2.4 M | (1.4 M) | (3.7 M) | (35.8 M) | (4.1 M) | (22.3 M) | (15.1 M) | (3.8 M) | (4.4 M) | (2.8 M) | (2.6 M) | (4.3 M) | (2.5 M) | (2.3 M) | (2.4 M) |
| 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 |
| AEHL | 2.2 M | 294.4 M | 243.8 M | (2 M) | (30.4 M) | (362.4 M) | (321.8 M) | (88 M) | (418.7 M) | (9.5 M) | (193.1 M) | (88.8 M) | (59.4 M) | (14.3 M) | (77 M) | (102.1 M) | (97 M) |
| DFSC | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (10.5 M) | (9.3 M) | (7.4 M) | (9.6 M) | (11.1 M) | (11.6 M) |
| GLXG | 9.7 M | 9.7 M | 9.7 M | 9.7 M | 9.7 M | 9.7 M | 9.7 M | 9.7 M | 9.7 M | 9.7 M | 9.7 M | 22.6 M | 9 M | 5.5 M | (450.8 K) | (405.8 K) | (385.5 K) |
| CHNR | 20.8 M | (66 M) | (113.8 M) | (335.4 M) | (43.1 M) | (35.5 M) | (23 M) | (30 M) | (6.1 M) | (43 M) | 24.3 M | (48.2 M) | (24.6 M) | (13.8 M) | (3.2 K) | (2.8 K) | (2.7 K) |
| JCSE | 342 K | 342 K | 342 K | 342 K | 342 K | 342 K | 342 K | 342 K | 342 K | 342 K | 1.7 M | 62 K | 1.2 M | 519 K | 32 K | 28.8 K | 27.4 K |
| LNKS | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 563.1 K | 184.5 K | (2 M) | (2 M) | (1.8 M) | (1.7 M) |
Globavend Holdings and related stocks such as Astrotech Corp, Momentus, and Professional Diversity Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Globavend Holdings financial statement analysis. It represents the amount of money remaining after all of Globavend Holdings Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Globavend Holdings Competitive Analysis
The better you understand Globavend Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Globavend Holdings' 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 Globavend Holdings' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Globavend Holdings Competition Performance Charts
Five steps to successful analysis of Globavend Holdings Competition
Globavend Holdings' 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 Globavend Holdings in relation to its competition. Globavend Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Globavend Holdings 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 Globavend Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Globavend Holdings, 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 Globavend Holdings Correlation with its peers. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is there potential for Air Freight & Logistics market expansion? Will Globavend introduce new products? Factors like these will boost the valuation of Globavend Holdings. Market participants price Globavend higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about Globavend Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Earnings Share 11.44 | Revenue Per Share | Quarterly Revenue Growth 0.637 | Return On Assets |
Understanding Globavend Holdings requires distinguishing between market price and book value, where the latter reflects Globavend's accounting equity. The concept of intrinsic value - what Globavend Holdings' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Globavend Holdings' price substantially above or below its fundamental value.
Please note, there is a significant difference between Globavend Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globavend Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Globavend Holdings' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.