HRB Competitors
| HRB Stock | EUR 34.20 0.20 0.59% |
HR Block vs Hisense Home Correlation
Good diversification
The correlation between HR Block and GKE is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HR Block and GKE in the same portfolio, assuming nothing else is changed.
Moving against HRB Stock
HR Block Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between HR Block 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 HRB 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 HR Block does not affect the price movement of the other competitor.
| 0.25 | 0.87 | 0.24 | 0.79 | 0.2 | -0.08 | AOC | ||
| 0.25 | 0.54 | 0.64 | 0.25 | 0.34 | -0.59 | D2V | ||
| 0.87 | 0.54 | 0.39 | 0.84 | 0.29 | -0.32 | L7D | ||
| 0.24 | 0.64 | 0.39 | 0.15 | 0.46 | -0.31 | M0G | ||
| 0.79 | 0.25 | 0.84 | 0.15 | 0.26 | -0.06 | I8M | ||
| 0.2 | 0.34 | 0.29 | 0.46 | 0.26 | 0.23 | THM | ||
| -0.08 | -0.59 | -0.32 | -0.31 | -0.06 | 0.23 | GKE | ||
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between HRB Stock performing well and HR Block 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 HR Block'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AOC | 2.63 | 0.73 | 0.22 | (3.29) | 2.32 | 6.40 | 18.88 | |||
| D2V | 2.10 | 0.16 | 0.02 | (0.27) | 2.38 | 4.82 | 11.86 | |||
| L7D | 3.04 | 1.02 | 0.32 | 1.54 | 2.32 | 6.93 | 15.01 | |||
| M0G | 3.41 | 0.16 | 0.02 | 0.72 | 4.06 | 5.38 | 28.53 | |||
| I8M | 1.28 | 0.42 | 0.24 | 0.77 | 0.76 | 3.98 | 9.02 | |||
| THM | 1.54 | 0.00 | (0.03) | 0.08 | 1.73 | 3.88 | 11.13 | |||
| GKE | 1.57 | 0.00 | (0.03) | (0.03) | 1.96 | 3.82 | 10.07 |
HR Block Competitive Analysis
The better you understand HR Block competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, HR Block'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 HR Block'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 |
HR Block Competition Performance Charts
Five steps to successful analysis of HR Block Competition
HR Block'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 HR Block in relation to its competition. HR Block's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of HR Block 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 HR Block's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to HR Block, 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 HR Block position
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Synthetics
Companies involved in production of silicon and other synthetic products . The Synthetics theme has 19 constituents at this time.
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Additional Information and Resources on Investing in HRB Stock
When determining whether HR Block offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HR Block's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hr Block Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hr Block Stock:Check out HR Block Correlation with its peers.For more detail on how to invest in HRB Stock please use our How to Invest in HR Block guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.