Honda Competitors
| HMC Stock | USD 31.21 0.55 1.73% |
Honda vs Dicks Sporting Correlation
Good diversification
The correlation between Honda Motor Co and DKS is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Honda Motor Co and DKS in the same portfolio, assuming nothing else is changed.
Moving together with Honda Stock
Moving against Honda Stock
| 0.43 | GRU | Geely Automobile Holdings | PairCorr |
| 0.36 | IVVD | Invivyd Buyout Trend | PairCorr |
| 0.35 | BROGF | BROGF | PairCorr |
| 0.31 | NVNIW | Nvni Group Limited | PairCorr |
Honda Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Honda 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 Honda 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 Honda Motor 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 Honda Stock performing well and Honda 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 Honda'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RIVN | 2.86 | (0.11) | (0.02) | 0.02 | 2.98 | 9.81 | 22.19 | |||
| NIO | 2.43 | (0.61) | 0.00 | (0.75) | 0.00 | 4.59 | 11.98 | |||
| MGA | 1.20 | 0.11 | 0.08 | 0.19 | 1.28 | 3.27 | 8.84 | |||
| YUMC | 1.30 | 0.37 | 0.26 | 0.79 | 0.88 | 3.15 | 5.54 | |||
| GELHY | 1.21 | (0.09) | 0.00 | (0.47) | 0.00 | 2.58 | 6.49 | |||
| DKNG | 2.19 | (0.14) | (0.03) | (0.01) | 3.07 | 4.31 | 16.77 | |||
| TOL | 1.44 | 0.18 | 0.16 | 0.22 | 1.10 | 4.26 | 10.06 | |||
| LI | 1.74 | (0.17) | 0.00 | (0.07) | 0.00 | 3.54 | 9.90 | |||
| GPC | 1.12 | 0.18 | 0.14 | 0.26 | 1.10 | 3.24 | 7.35 | |||
| DKS | 1.60 | (0.24) | 0.00 | (0.08) | 0.00 | 3.42 | 14.16 |
Cross Equities Net Income Analysis
Compare Honda Motor and related stocks such as Rivian Automotive, Nio Class A, and Magna International Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RIVN | (459 M) | (459 M) | (459 M) | (459 M) | (459 M) | (459 M) | (459 M) | (459 M) | (459 M) | (459 M) | (1 B) | (4.7 B) | (6.8 B) | (5.4 B) | (4.7 B) | (4.3 B) | (4.5 B) |
| NIO | (2.5 B) | (2.5 B) | (2.5 B) | (2.5 B) | (2.5 B) | (2.5 B) | (2.5 B) | (5 B) | (9.7 B) | (11.4 B) | (5.6 B) | (10.6 B) | (14.6 B) | (21.1 B) | (22.7 B) | (20.4 B) | (19.4 B) |
| MGA | 34.3 M | 1 B | 1.4 B | 1.6 B | 1.9 B | 2 B | 2 B | 2.2 B | 2.3 B | 1.8 B | 757 M | 1.5 B | 592 M | 1.2 B | 1 B | 1.2 B | 800 M |
| YUMC | 126 M | 126 M | 126 M | 126 M | (7 M) | 323 M | 502 M | 398 M | 708 M | 713 M | 784 M | 990 M | 442 M | 827 M | 911 M | 929 M | 647 M |
| DKNG | (75.6 M) | (75.6 M) | (75.6 M) | (75.6 M) | (75.6 M) | (75.6 M) | (75.6 M) | (75.6 M) | (76.2 M) | (142.7 M) | (1.2 B) | (1.5 B) | (1.4 B) | (802.1 M) | (507.3 M) | (456.6 M) | (479.4 M) |
| TOL | 3.9 M | 487.1 M | 170.6 M | 340 M | 363.2 M | 382.1 M | 535.5 M | 748.2 M | 590 M | 446.6 M | 833.6 M | 1.3 B | 1.4 B | 1.6 B | 1.3 B | 1.5 B | 1.6 B |
| LI | (1.6 B) | (1.6 B) | (1.6 B) | (1.6 B) | (1.6 B) | (1.6 B) | (1.6 B) | (1.6 B) | (1.6 B) | (2.4 B) | (159.8 M) | (317.3 M) | (2 B) | 11.7 B | 8 B | 9.2 B | 9.7 B |
| GPC | 126.2 M | 565.1 M | 648 M | 685 M | 711.3 M | 705.7 M | 687.2 M | 616.8 M | 810.5 M | 621.1 M | (29.1 M) | 898.8 M | 1.2 B | 1.3 B | 904.1 M | 1 B | 1.1 B |
| DKS | 6.3 M | 263.9 M | 290.7 M | 337.6 M | 344.2 M | 330.4 M | 287.4 M | 323.4 M | 319.9 M | 297.5 M | 530.3 M | 1.5 B | 1 B | 1 B | 1.2 B | 1.3 B | 1.4 B |
Honda Motor and related stocks such as Rivian Automotive, Nio Class A, and Magna International Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Honda Motor financial statement analysis. It represents the amount of money remaining after all of Honda Motor Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Honda Competitive Analysis
The better you understand Honda competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Honda'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 Honda'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 |
Honda Competition Performance Charts
Five steps to successful analysis of Honda Competition
Honda'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 Honda Motor in relation to its competition. Honda's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Honda 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 Honda's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Honda Motor, 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 Honda Correlation with its peers. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Will Automobile Manufacturers sector continue expanding? Could Honda diversify its offerings? Factors like these will boost the valuation of Honda. Market participants price Honda higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Honda data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.379 | Dividend Share 103 | Earnings Share 2.9 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
Honda Motor's market price often diverges from its book value, the accounting figure shown on Honda's balance sheet. Smart investors calculate Honda's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Honda's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Honda's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honda's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.