Showa Competitors

Summary

Showa Denko Materials competes with Delta Air, Independence Realty, SkyWest, Southwest Airlines, and Air Transport; as well as few others. The company classifies itself under Basic Materials sector and is part of Chemicals industry. Analyzing Showa Denko 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 Showa Denko 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.

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 Showa Denko competition on your existing holdings.

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Showa Denko Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Showa Denko 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 Showa 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 Showa Denko Materials does not affect the price movement of the other competitor.

	DAL	IRT	SKYW	LUV	ATSG	RCC	KRG
DAL		0.38	0.98	0.88	0.86	0.87	0.75	DAL
IRT	0.38		0.42	0.31	0.58	0.19	0.81	IRT
SKYW	0.98	0.42		0.89	0.91	0.84	0.79	SKYW
LUV	0.88	0.31	0.89		0.78	0.77	0.63	LUV
ATSG	0.86	0.58	0.91	0.78		0.68	0.85	ATSG
RCC	0.87	0.19	0.84	0.77	0.68		0.53	RCC
KRG	0.75	0.81	0.79	0.63	0.85	0.53		KRG
	DAL	IRT	SKYW	LUV	ATSG	RCC	KRG

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Risk-Adjusted Indicators

There is a big difference between Showa OTC Stock performing well and Showa Denko 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 Showa Denko'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
DAL	1.69	0.51	0.40	0.45	0.87	(2.20)	4.11	(2.12)	9.95
IRT	1.08	0.03	(0.02)	0.17	1.22	(1.19)	2.00	(2.28)	5.70
SKYW	1.35	0.43	0.40	0.36	0.79	(1.69)	3.80	(1.66)	9.51
LUV	1.31	0.12	0.03	0.31	1.65	(1.27)	2.96	(2.65)	10.99
ATSG	1.92	0.43	0.16	0.75	1.82	(2.37)	3.70	(3.09)	26.66
RCC	0.38	0.03	(0.20)	(0.68)	0.35	(0.52)	1.03	(0.70)	2.37
KRG	0.79	0.05	(0.03)	0.26	0.86	(0.83)	1.56	(1.50)	4.33

Unable to evaluate fundamental data of [DAL, IRT, SKYW, LUV, ATSG, RCC, KRG] at this time. Please try again later

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Showa Denko Competitive Analysis

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

Better Than Average

Worse Than Peers

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	DAL	IRT	SKYW	LUV	ATSG	RCC	KRG
	0.31 63.82 Delta	0.77 21.84 Independence	0.68 114.74 SkyWest	1.25 32.36 Southwest	0.14 21.96 Air	0.57 24.60 Small	1.01 27.57 Kite
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady	Very steady
Market Performance (90 Days Performance)	Solid	Modest	Strong	OK	Good	Modest	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Below Average	Low	Low	Below Average	Very Low	Below Average
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Under Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Strong Buy	Strong Buy	Buy	Hold	Buy	Strong Sell	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Buy	Sell	Buy	Cautious Hold	Strong Hold	Cautious Hold	Sell
Current Ratio	0.57 X	0.79 X	1.01 X	1.58 X	1.22 X	N/A	2.13 X
Net Asset	73.64 B	6.28 B	7.03 B	36.49 B	3.88 B	12.44 B	6.94 B
Profit Margin	0.08 %	(0.0003) %	0.07 %	(0) %	(0) %	N/A	(0.01) %
EBITDA	8.78 B	291.08 M	489.5 M	2.39 B	507.65 M	899.56 M	556.48 M
Current Valuation	61.59 B	7.19 B	6.57 B	19.12 B	3.02 B	N/A	9.04 B
Price To Book	3.02 X	1.47 X	2.00 X	1.86 X	0.98 X	N/A	1.81 X
Operating Margin	0.08 %	0.20 %	0.14 %	0 %	0.04 %	N/A	0.21 %
Retained Earnings	5.65 B	(348.4 M)	2.27 B	16.3 B	589.21 M	124.41 M	(1.37 B)
Current Asset	9.06 B	47.08 M	1.02 B	2.23 B	101.31 M	N/A	84.98 M
Five Year Return	2.31 %	4.81 %	0.77 %	1.03 %	N/A	N/A	6.39 %
Beta	1.34	1.16	1.94	1.15	0.81	N/A	1.31
Number Of Employees	100 K	952	11.47 K	73.46 K	5.09 K	6	229
Shares Outstanding	645.28 M	225.1 M	40.33 M	599.74 M	65.76 M	N/A	219.67 M
Cash Flow From Operations	6.46 B	262.17 M	736.33 M	3.16 B	654.08 M	54.06 M	394.65 M
Annual Yield	0.01 %	0.03 %	N/A	0.02 %	N/A	0.03 %	0.04 %
Total Debt	27.28 B	2.43 B	3.09 B	9.2 B	1.82 B	7.24 B	3.06 B
Return On Equity	0.41	-1.0E-4	0.11	-0.0045	-0.002	0.14	-0.0027
Return On Asset	0.0527	0.0128	0.0339	0.0046	0.0149	N/A	0.0145
Book Value Per Share	21.29 X	14.93 X	57.30 X	17.36 X	22.48 X	N/A	15.25 X
Number Of Shares Shorted	35.19 M	23.73 M	1.43 M	34.51 M	2.62 M	N/A	6.17 M
Current Liabilities	17.53 B	23.55 M	748.03 M	1.43 B	126.68 M	N/A	81.36 M
Total Asset	73.64 B	6.28 B	7.03 B	36.49 B	3.88 B	12.44 B	6.94 B
Debt To Equity	6.96 %	0.68 %	1.49 %	0.93 %	0.98 %	N/A	0.79 %
Last Dividend Paid	0.5	0.64	N/A	0.72	N/A	N/A	1.01
Short Ratio	4.08 X	10.27 X	3.71 X	4.54 X	1.69 X	N/A	3.62 X
Target Price	73.56	21.05	110.8	29.62	22.5	N/A	30.67
Shares Owned By Institutions	80.45 %	96.78 %	91.10 %	90.80 %	81.38 %	N/A	96.28 %
Market Capitalization	41.18 B	4.87 B	4.63 B	19.41 B	1.45 B	1.74 B	6.23 B
Price To Earning	34.29 X	103.51 X	7.02 X	29.96 X	11.64 X	N/A	220.30 X
Price To Earnings To Growth	39.29 X	4.57 X	1.02 X	0.49 X	56.16 X	N/A	N/A
Price To Sales	0.68 X	7.93 X	1.39 X	0.71 X	0.74 X	N/A	7.53 X
Net Income	4.61 B	(17.23 M)	34.34 M	465 M	59.75 M	351.25 M	47.5 M
Earnings Per Share	7.21 X	N/A	5.84 X	(0.08) X	(0.01) X	N/A	(0.04) X
Shares Owned By Insiders	0.26 %	0.73 %	1.99 %	0.35 %	22.20 %	N/A	0.85 %
Revenue	58.05 B	660.98 M	2.94 B	26.09 B	2.07 B	1.15 B	823 M
Working Capital	(16.15 B)	(646.24 M)	(122.4 M)	1.7 B	(54.49 M)	N/A	(87.93 M)
Cash And Equivalents	3.27 B	16.08 M	974.68 M	9.49 B	54.49 M	N/A	115.8 M
Cash Per Share	13.11 X	0.15 X	19.27 X	23.03 X	0.75 X	N/A	0.69 X
Gross Profit	9.68 B	371.27 M	893.86 M	5.98 B	836.88 M	N/A	590.19 M
Day Typical Price	63.82	21.93	114.91	32.38	21.98	24.61	27.69
Accumulation Distribution	0.0081	0.0127	0.0141	0.0135	0.0032	0.002	0.0147
Market Facilitation Index	0.52	0.28	1.63	0.44	0.07	0.05	0.41
Daily Balance Of Power	0.3846	(0.61)	0.4785	0.9091	(0.43)	2.8	(0.68)
Period Momentum Indicator	0.2	(0.17)	0.78	0.4	(0.03)	0.14	(0.28)
Rate Of Daily Change	1.0	0.99	1.01	1.01	1.0	1.01	0.99
Day Median Price	63.82	21.97	115.0	32.39	21.99	24.62	27.76
Price Action Indicator	0.1	(0.21)	0.13	0.17	(0.04)	0.055	(0.33)
Relative Strength Index	73.01	72.09	82.87	67.05	90.6	57.71	73.52
Coefficient Of Variation	300.96	1177.79	281.15	868.9	752.81	1302.32	909.38
Mean Deviation	1.69	1.08	1.35	1.31	1.92	0.3772	0.7918
Jensen Alpha	0.5106	0.0274	0.4334	0.1169	0.4264	0.0349	0.0512
Total Risk Alpha	0.349	(0.12)	0.3489	(0.10)	(0.14)	(0.06)	(0.07)
Sortino Ratio	0.3986	(0.02)	0.399	0.0344	0.1556	(0.20)	(0.03)
Downside Variance	2.14	1.7	1.82	4.22	6.16	0.2298	0.9793
Standard Deviation	2.17	1.33	1.9	1.81	3.94	0.5124	0.9907
Kurtosis	0.823	(0.21)	3.12	1.64	29.1	0.207	(0.17)
Potential Upside	4.11	2.0	3.8	2.96	3.7	1.03	1.56
Treynor Ratio	0.4522	0.1739	0.365	0.311	0.7499	(0.68)	0.2646
Maximum Drawdown	9.95	5.7	9.51	10.99	26.66	2.37	4.33
Variance	4.71	1.77	3.62	3.27	15.55	0.2625	0.9815
Market Risk Adjusted Performance	0.4622	0.1839	0.375	0.321	0.7599	(0.67)	0.2746
Risk Adjusted Performance	0.2605	0.0692	0.2779	0.0938	0.1096	0.0538	0.0863
Skewness	0.8282	(0.15)	1.25	(0.33)	4.28	0.4099	0.0598
Semi Deviation	0.8662	1.22	0.7863	1.65	1.82	0.3531	0.8606
Information Ratio	0.2689	(0.02)	0.2833	0.039	0.0979	(0.19)	(0.03)
Value At Risk	(2.12)	(2.28)	(1.66)	(2.65)	(3.09)	(0.70)	(1.50)
Expected Short fall	(2.20)	(1.19)	(1.69)	(1.27)	(2.37)	(0.52)	(0.83)
Downside Deviation	1.46	1.3	1.35	2.05	2.48	0.4794	0.9896
Semi Variance	0.7503	1.48	0.6182	2.73	3.31	0.1247	0.7407

Showa Denko Competition Performance Charts

Five steps to successful analysis of Showa Denko Competition

Showa Denko'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 Showa Denko Materials in relation to its competition. Showa Denko's competition analysis typically involves several steps, including:

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

In addition to having Showa Denko 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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Financials

Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.

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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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Consideration for investing in Showa OTC Stock

If you are still planning to invest in Showa Denko Materials 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 Showa Denko's history and understand the potential risks before investing.

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