Hong Competitors

Summary

HOKCFDelisted Stock

USD 0.71 0.00 0.00%

Hong Kong And competes with Hong Kong, China Life, Henderson Land, Fortum Oyj, and Snam SpA; as well as few others. The company classifies itself under Utilities sector and is part of Utilities—Regulated Gas industry. Analyzing Hong Kong 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 Hong Kong 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 company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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 Hong Kong competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hong Kong's 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.

Hype

Prediction

Low	Estimated	High
0.71	0.71	0.71

Details

Intrinsic

Valuation

Low	Real	High
0.58	0.58	0.78

Details

Hong Kong Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hong Kong and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Hong 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 Hong Kong And does not affect the price movement of the other competitor.

	HOKCY	CILJF	HLDCY	FOJCY	SNMRF
HOKCY		0.14	0.4	0.5	0.43	HOKCY
CILJF	0.14		0.78	-0.29	-0.28	CILJF
HLDCY	0.4	0.78		-0.03	0.03	HLDCY
FOJCY	0.5	-0.29	-0.03		0.55	FOJCY
SNMRF	0.43	-0.28	0.03	0.55		SNMRF
	HOKCY	CILJF	HLDCY	FOJCY	SNMRF

Click cells to compare fundamentals

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High positive correlations

HLDCY	+ 0.78	CILJF
SNMRF	+ 0.55	FOJCY
FOJCY	+ 0.5	HOKCY
SNMRF	+ 0.43	HOKCY
HLDCY	+ 0.4	HOKCY
CILJF	+ 0.14	HOKCY

High negative correlations

FOJCY	- 0.29	CILJF
SNMRF	- 0.28	CILJF
FOJCY	- 0.03	HLDCY

Risk-Adjusted Indicators

There is a big difference between Hong Pink Sheet performing well and Hong Kong 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 Hong Kong'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
HOKCY	3.65	0.14	(0.02)	(0.03)	4.39	(5.28)	8.33	(7.23)	28.73
CILJF	3.15	0.68	0.10	11.61	4.11	(4.03)	8.72	(6.19)	37.36
HLDCY	1.80	0.12	0.03	0.31	2.20	(2.06)	3.80	(3.48)	13.54
FOJCY	1.79	(0.14)	0.00	0.86	0.00	0.00	3.69	(5.35)	13.94
SNMRF	0.65	0.03	0.00	(0.01)	0.00	0.00	1.42	(2.02)	15.87

Unable to evaluate fundamental data of [HOKCY, CILJF, HLDCY, FOJCY, SNMRF] at this time. Please try again later

All Fundamental Data

Hong Kong Competitive Analysis

The better you understand Hong Kong competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hong Kong'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 Hong Kong'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

	HOKCF	HOKCY	CILJF	HLDCY	FOJCY	SNMRF
	0.00 0.71 Hong	1.41 0.72 Hong	3.72 1.95 China	0.32 3.07 Henderson	3.94 2.90 Fortum	0.00 4.79 Snam
Market Volatility (90 Days Market Risk)	Very steady	Abnormally volatile	Dangerous	Moderately volatile	Unstable	Slightly risky
Market Performance (90 Days Performance)	Very Weak	Weak	OK	Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Dangerous	Low	Low	Low	Below Average	Below Average
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Strong Sell	Strong Sell	Hold	Strong Sell	Strong Sell
Current Ratio	0.69 X	0.69 X	0.80 X	2.10 X	0.90 X	0.81 X
Net Asset	168.07 B	168.07 B	4.89 T	550.3 B	149.66 B	27.16 B
Profit Margin	0.07 %	0.07 %	0.04 %	0.47 %	(0.01) %	0.36 %
EBITDA	13.08 B	13.08 B	45.07 B	15.87 B	2.05 B	2.54 B
Operating Margin	0.15 %	0.15 %	0.05 %	0.37 %	0.02 %	0.40 %
Current Valuation	23.41 B	24.1 B	133.38 B	27 B	24.09 B	30.84 B
Price To Book	1.89 X	2.02 X	0.63 X	0.40 X	2.09 X	1.97 X
Retained Earnings	48.03 B	48.03 B	N/A	200.75 B	12.04 B	N/A
Current Asset	22.4 B	22.4 B	N/A	113.46 B	6.89 B	1.83 B
Five Year Return	2.56 %	2.69 %	1.59 %	4.97 %	5.98 %	N/A
Beta	0.55	0.55	0.92	1.07	0.71	0.58
Number Of Employees	56.07 K	56.07 K	103.26 K	9.79 K	7.83 K	3.57 K
Shares Outstanding	18.66 B	18.66 B	7.44 B	4.84 B	4.49 B	3.35 B
Cash Flow From Operations	10.47 B	10.47 B	286.45 B	685 M	4.97 B	1.34 B
Annual Yield	0.04 %	0.05 %	0.06 %	0.06 %	0.08 %	0.05 %
Total Debt	36.86 B	36.86 B	53.68 B	67.95 B	7.76 B	10.36 B
Return On Equity	0.0685	0.0685	0.0747	0.0336	-0.21	0.16
Z Score	N/A	N/A	1.2	N/A	0.6	0.6
Return On Asset	0.0329	0.0329	0.0053	0.011	0.018	0.0384
Book Value Per Share	3.55 X	3.55 X	16.04 X	68.14 X	1.46 X	2.39 X
Current Liabilities	19.6 B	19.6 B	N/A	39.77 B	1.6 B	4.93 B
Total Asset	168.07 B	168.07 B	4.89 T	550.3 B	149.66 B	27.16 B
Debt To Equity	0.75 %	0.75 %	0.47 %	0.46 %	N/A	1.87 %
Target Price	2.82	2.54	N/A	3.31	N/A	N/A
Last Dividend Paid	0.35	0.35	0.65	1.8	1.14	0.27
Shares Owned By Institutions	10.02 %	N/A	23.09 %	N/A	N/A	26.50 %
Market Capitalization	18.66 B	18.33 B	114.63 B	17.74 B	13.99 B	17.74 B
Price To Earning	18.93 X	18.12 X	4.09 X	10.33 X	6.43 X	12.37 X
Price To Earnings To Growth	2.99 X	2.93 X	1.20 X	0.93 X	N/A	3.42 X
Price To Sales	0.31 X	0.31 X	0.16 X	0.70 X	0.12 X	4.90 X
Net Income	5.13 B	5.13 B	50.92 B	13.2 B	739 M	1.5 B
Earnings Per Share	0.03 X	0.03 X	0.18 X	0.30 X	(0.61) X	0.47 X
Shares Owned By Insiders	41.85 %	N/A	N/A	N/A	N/A	38.00 %
Revenue	53.56 B	53.56 B	824.93 B	23.53 B	112.4 B	3.29 B
Working Capital	2.79 B	2.79 B	N/A	73.69 B	5.29 B	(3.1 B)
Cash And Equivalents	10.24 B	10.24 B	309.41 B	14.02 B	4.88 B	1.87 B
Cash Per Share	0.55 X	0.55 X	10.95 X	2.90 X	1.10 X	0.56 X
Gross Profit	20.97 B	20.97 B	123.66 B	12.16 B	7.23 B	2.56 B
Day Typical Price	0.71	0.72	1.95	3.07	2.91	4.79
Accumulation Distribution	N/A	N/A	N/A	N/A	48.03	N/A
Daily Balance Of Power	0.0	9.2 T	9.2 T	(9,223,372,036,855)	2.75	0.0
Period Momentum Indicator	N/A	0.01	0.07	(0.01)	0.11	N/A
Rate Of Daily Change	1.0	1.01	1.04	1.0	1.04	1.0
Day Median Price	0.71	0.72	1.95	3.07	2.92	4.79
Price Action Indicator	N/A	0.005	0.035	(0.01)	0.035	N/A
Coefficient Of Variation	896.23	12326.83	718.94	1205.18	(1,626)	17756.3
Mean Deviation	1.68	3.65	3.15	1.8	1.79	0.6492
Jensen Alpha	0.6825	0.1367	0.6783	0.122	(0.14)	0.0327
Total Risk Alpha	(0.26)	(0.75)	(0.09)	(0.19)	(0.56)	(0.32)
Sortino Ratio	N/A	(0.02)	0.1016	0.0299	N/A	N/A
Downside Variance	N/A	30.02	31.09	6.93	N/A	N/A
Standard Deviation	5.63	5.04	5.0	2.5	2.54	2.08
Kurtosis	53.28	1.19	5.66	1.9	2.01	14.49
Potential Upside	N/A	8.33	8.72	3.8	3.69	1.42
Treynor Ratio	(1.14)	(0.03)	11.61	0.3106	0.8618	(0.01)
Maximum Drawdown	49.98	28.73	37.36	13.54	13.94	15.87
Variance	31.68	25.37	24.99	6.24	6.46	4.32
Market Risk Adjusted Performance	(1.13)	(0.02)	11.62	0.3206	0.8718	0.0035
Risk Adjusted Performance	0.0939	0.0147	0.1148	0.0704	(0.04)	0.0106
Skewness	6.93	(0.18)	(0.45)	0.3709	(0.71)	0.6086
Semi Deviation	N/A	4.39	4.11	2.2	N/A	N/A
Information Ratio	0.0887	(0.02)	0.1134	0.0315	(0.11)	(0.06)
Value At Risk	N/A	(7.23)	(6.19)	(3.48)	(5.35)	(2.02)
Expected Short fall	N/A	(5.28)	(4.03)	(2.06)	N/A	N/A
Downside Deviation	N/A	5.48	5.58	2.63	N/A	N/A
Semi Variance	N/A	19.26	16.87	4.82	N/A	N/A

Hong Kong Competition Performance Charts

Five steps to successful analysis of Hong Kong Competition

Hong Kong'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 Hong Kong And in relation to its competition. Hong Kong's competition analysis typically involves several steps, including:

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

In addition to having Hong Kong 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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Millennials Best

Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 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 Millennials Best 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 company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Hong Pink Sheet

If you are still planning to invest in Hong Kong And 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 Hong Kong's history and understand the potential risks before investing.

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