Hinge Competitors
| HNGE Stock | 37.65 2.75 6.81% |
Hinge Health vs Indivior PLC Correlation
Moving together with Hinge Stock
| 0.61 | THC | Tenet Healthcare Earnings Call This Week | PairCorr |
Moving against Hinge Stock
| 0.68 | KB | KB Financial Group | PairCorr |
| 0.62 | SHG | Shinhan Financial | PairCorr |
| 0.44 | SHTLF | South32 Limited | PairCorr |
| 0.42 | DGX | Quest Diagnostics Earnings Call Today | PairCorr |
| 0.38 | BIOA | BioAge Labs | PairCorr |
Hinge Health Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hinge Health 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 Hinge 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 Hinge Health does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Hinge Stock performing well and Hinge Health 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 Hinge Health'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WGS | 2.61 | (0.49) | 0.00 | (0.17) | 0.00 | 5.21 | 21.84 | |||
| CRNX | 2.28 | 0.38 | 0.14 | 0.75 | 2.29 | 4.38 | 19.30 | |||
| IMVT | 2.49 | 0.51 | 0.20 | 0.99 | 2.14 | 5.31 | 20.44 | |||
| PRAX | 4.26 | 0.99 | 0.22 | 5.12 | 3.91 | 9.33 | 36.21 | |||
| VKTX | 2.74 | (0.19) | 0.00 | (0.08) | 0.00 | 7.49 | 19.06 | |||
| DYN | 3.99 | 0.22 | 0.05 | 0.22 | 4.71 | 7.01 | 58.12 | |||
| OSCR | 3.18 | (0.43) | 0.00 | (0.16) | 0.00 | 7.00 | 30.41 | |||
| AKRO | 1.14 | 0.30 | 0.22 | 0.75 | 0.63 | 3.29 | 16.73 | |||
| LNTH | 1.70 | 0.19 | 0.10 | 0.25 | 1.72 | 4.16 | 10.15 | |||
| INDV | 1.59 | 0.54 | 0.31 | (1.22) | 1.00 | 3.52 | 18.53 |
Cross Equities Net Income Analysis
Compare Hinge Health and related stocks such as GeneDx Holdings Corp, Crinetics Pharmaceuticals, and Immunovant Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WGS | (29.7 M) | (29.7 M) | (29.7 M) | (29.7 M) | (29.7 M) | (29.7 M) | (29.7 M) | (29.7 M) | (29.7 M) | (29.7 M) | (241.3 M) | (245.4 M) | (549 M) | (175.8 M) | (52.3 M) | (47.1 M) | (49.4 M) |
| CRNX | (6 M) | (6 M) | (6 M) | (6 M) | (6 M) | (6 M) | (6 M) | (9.2 M) | (27.1 M) | (49.5 M) | (72.9 M) | (106.7 M) | (160 M) | (214.5 M) | (298.4 M) | (268.6 M) | (255.1 M) |
| IMVT | (136.7 M) | (136.7 M) | (136.7 M) | (136.7 M) | (136.7 M) | (136.7 M) | (136.7 M) | (136.7 M) | (450) | (66.4 M) | (107.4 M) | (156.7 M) | (211 M) | (259.3 M) | (413.8 M) | (450) | (472) |
| PRAX | (26.5 M) | (26.5 M) | (26.5 M) | (26.5 M) | (26.5 M) | (26.5 M) | (26.5 M) | (26.5 M) | (26.5 M) | (35.5 M) | (61.8 M) | (166.9 M) | (213.1 M) | (123.3 M) | (182.8 M) | (164.5 M) | (172.8 M) |
| VKTX | (444) | (444) | (444) | (146.2 K) | (21.9 M) | (23.4 M) | (14.7 M) | (20.6 M) | (22.1 M) | (25.8 M) | (39.5 M) | (55 M) | (68.9 M) | (85.9 M) | (110 M) | (99 M) | (94 M) |
| DYN | 264 M | (1.6 B) | 87 M | (356 M) | (67 M) | 50 M | (1.2 B) | 76 M | (4.8 M) | (13.5 M) | (58.7 M) | (149.3 M) | (165.2 M) | (235.9 M) | (317.4 M) | (365 M) | (383.3 M) |
| OSCR | (261.2 M) | (261.2 M) | (261.2 M) | (261.2 M) | (261.2 M) | (261.2 M) | (261.2 M) | (261.2 M) | (261.2 M) | (261.2 M) | (406.8 M) | (572.6 M) | (606.3 M) | (270.7 M) | 25.4 M | 29.2 M | 30.7 M |
| LNTH | (137.3 M) | (137.3 M) | (42 M) | (61.6 M) | (3.6 M) | (14.7 M) | 26.8 M | 123.4 M | 40.5 M | 31.7 M | (13.5 M) | (71.3 M) | 28.1 M | 326.7 M | 312.4 M | 359.3 M | 377.3 M |
| INDV | 32.1 M | 32.1 M | 32.1 M | 32.1 M | 32.1 M | 32.1 M | 32.1 M | 60.9 M | 262.7 M | 134 M | (148 M) | 205 M | (44 M) | (129 M) | 2 M | 1.8 M | 1.7 M |
Hinge Health and related stocks such as GeneDx Holdings Corp, Crinetics Pharmaceuticals, and Immunovant Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Hinge Health financial statement analysis. It represents the amount of money remaining after all of Hinge Health operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Hinge Health Competitive Analysis
The better you understand Hinge Health competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hinge Health'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 Hinge Health'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 |
Hinge Health Competition Performance Charts
Five steps to successful analysis of Hinge Health Competition
Hinge Health'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 Hinge Health in relation to its competition. Hinge Health's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Hinge Health 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 Hinge Health's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hinge Health, 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 Hinge Health position
In addition to having Hinge Health 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 FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech 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 FinTech Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Hinge Health Correlation with its peers. For information on how to trade Hinge Stock refer to our How to Trade Hinge Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Will Health Care Providers & Services sector continue expanding? Could Hinge diversify its offerings? Factors like these will boost the valuation of Hinge Health. Market participants price Hinge higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Hinge Health data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate Hinge Health using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Hinge Health's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Hinge Health's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Hinge Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hinge Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Hinge Health's market price signifies the transaction level at which participants voluntarily complete trades.