Great Competitors
Great Western Minerals competes with Vanadian Energy; as well as few others. The company classifies itself under Metals & Mining sector and is part of Materials industry. Analyzing Great Western 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 Great Western to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Great Western Correlation with its peers.
Great Western vs American International Correlation
Great Western Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Great Western 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 Great 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 Great Western Minerals 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 Great Stock performing well and Great Western 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 Great Western'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FRMA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VANTF | 3.31 | 0.25 | 0.00 | (0.32) | 0.00 | 0.00 | 197.94 | |||
| NPTH | 2.56 | (1.26) | 0.00 | 0.90 | 0.00 | 0.00 | 50.00 | |||
| SRCX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| URCFF | 30.81 | 12.41 | 0.00 | 0.47 | 0.00 | 0.00 | 1,000.00 | |||
| GRXXF | 40.17 | 17.71 | 0.00 | 1.08 | 0.00 | 164.08 | 642.51 | |||
| BORK | 3.28 | (1.89) | 0.00 | (0.40) | 0.00 | 0.00 | 100.00 | |||
| BIONQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TYHJF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AIVN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Great Western Competitive Analysis
The better you understand Great Western competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Great Western'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 Great Western's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Great Western Competition Performance Charts
Five steps to successful analysis of Great Western Competition
Great Western'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 Great Western Minerals in relation to its competition. Great Western's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Great Western 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 Great Western's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Great Western Minerals, 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.
Complement your Great Western position
In addition to having Great Western 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.Did You Try This Idea?
Run Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 67 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
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Check out Great Western Correlation with its peers.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Can Stock industry sustain growth momentum? Does Great have expansion opportunities? Factors like these will boost the valuation of Great Western. Market participants price Great higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Great Western demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Investors evaluate Great Western Minerals using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Great Western's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Great Western's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Great Western's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Western is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Great Western's market price signifies the transaction level at which participants voluntarily complete trades.