Howmet Competitors
| HWM Stock | USD 252.55 2.34 0.94% |
Howmet Aerospace vs Johnson Controls Correlation
Poor diversification
The correlation between Howmet Aerospace and JCI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Howmet Aerospace and JCI in the same portfolio, assuming nothing else is changed.
Moving together with Howmet Stock
Moving against Howmet Stock
As of the 18th of February 2026, Return On Tangible Assets is likely to grow to 0.24. Also, Return On Capital Employed is likely to grow to 0.24. At this time, Howmet Aerospace's Intangible Assets are very stable compared to the past year. As of the 18th of February 2026, Return On Tangible Assets is likely to grow to 0.24, while Other Assets are likely to drop about 157.7 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Howmet Aerospace'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.
Howmet Aerospace Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Howmet Aerospace 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 Howmet 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 Howmet Aerospace 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 Howmet Stock performing well and Howmet Aerospace 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 Howmet Aerospace'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EMR | 1.54 | 0.15 | 0.08 | 0.12 | 2.22 | 3.43 | 11.44 | |||
| ITW | 1.00 | 0.26 | 0.20 | 0.33 | 0.86 | 2.77 | 6.58 | |||
| PH | 0.96 | 0.20 | 0.19 | 0.24 | 0.82 | 2.41 | 5.24 | |||
| NOC | 1.30 | 0.31 | 0.18 | 0.68 | 1.39 | 2.91 | 9.88 | |||
| MMM | 1.23 | (0.04) | (0.02) | 0.01 | 1.83 | 2.12 | 9.08 | |||
| CMI | 1.56 | 0.28 | 0.12 | 0.19 | 2.26 | 2.87 | 15.60 | |||
| WM | 0.80 | 0.21 | 0.14 | 0.82 | 0.97 | 2.06 | 6.00 | |||
| UPS | 1.11 | 0.31 | 0.22 | 0.38 | 1.01 | 3.15 | 7.68 | |||
| TDG | 1.05 | (0.01) | (0.01) | 0.03 | 2.02 | 1.76 | 12.34 | |||
| JCI | 1.18 | 0.21 | 0.11 | 0.36 | 1.49 | 3.03 | 8.37 |
Cross Equities Net Income Analysis
Compare Howmet Aerospace and related stocks such as Emerson Electric, Illinois Tool Works, and Parker Hannifin Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMR | 401.1 M | 2 B | 2 B | 2.1 B | 2.7 B | 1.6 B | 1.5 B | 2.2 B | 2.3 B | 2 B | 2.3 B | 3.2 B | 13.2 B | 2 B | 2.3 B | 2.6 B | 1.9 B |
| ITW | 31.5 M | 2.1 B | 2.9 B | 1.7 B | 2.9 B | 1.9 B | 2 B | 1.7 B | 2.6 B | 2.5 B | 2.1 B | 2.7 B | 3 B | 3 B | 3.5 B | 3.1 B | 3.2 B |
| NOC | 214.4 M | 2.1 B | 2 B | 2 B | 2.1 B | 2 B | 2.2 B | 2 B | 3.2 B | 2.2 B | 3.2 B | 7 B | 4.9 B | 2.1 B | 4.2 B | 4.2 B | 4.4 B |
| MMM | 664 M | 4.3 B | 4.4 B | 4.7 B | 5 B | 4.8 B | 5 B | 4.9 B | 5.3 B | 4.6 B | 5.4 B | 5.9 B | 5.8 B | (7 B) | 4.2 B | 3.2 B | 3 B |
| CMI | 50.4 M | 1.8 B | 1.6 B | 1.5 B | 1.7 B | 1.4 B | 1.4 B | 999 M | 2.1 B | 2.3 B | 1.8 B | 2.1 B | 2.2 B | 735 M | 3.9 B | 2.8 B | 3 B |
| WM | 400 K | 961 M | 817 M | 98 M | 1.3 B | 753 M | 1.2 B | 1.9 B | 1.9 B | 1.7 B | 1.5 B | 1.8 B | 2.2 B | 2.3 B | 2.7 B | 2.7 B | 2.8 B |
| UPS | 1.7 B | 3.8 B | 807 M | 4.4 B | 3 B | 4.8 B | 3.4 B | 4.9 B | 4.8 B | 4.4 B | 1.3 B | 12.9 B | 11.5 B | 6.7 B | 5.8 B | 5.6 B | 4.4 B |
| TDG | 10.8 M | 321.7 M | 131.5 M | 180.3 M | 443.8 M | 583.4 M | 437.6 M | 907.8 M | 778.7 M | 699 M | 680 M | 866 M | 1.3 B | 1.7 B | 2.1 B | 2.4 B | 2.5 B |
| JCI | 78.3 M | 1.2 B | 1.2 B | 1.2 B | 1.6 B | (868 M) | 1.6 B | 2.2 B | 474 M | 631 M | 1.6 B | 1.5 B | 1.8 B | 1.7 B | 3.3 B | 3.8 B | 4 B |
Howmet Aerospace and related stocks such as Emerson Electric, Illinois Tool Works, and Parker Hannifin Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Howmet Aerospace financial statement analysis. It represents the amount of money remaining after all of Howmet Aerospace operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Howmet Aerospace Competitive Analysis
The better you understand Howmet Aerospace competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Howmet Aerospace'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 Howmet Aerospace'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 |
Howmet Aerospace Competition Performance Charts
Five steps to successful analysis of Howmet Aerospace Competition
Howmet Aerospace'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 Howmet Aerospace in relation to its competition. Howmet Aerospace's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Howmet Aerospace 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 Howmet Aerospace's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Howmet Aerospace, 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 Howmet Aerospace Correlation with its peers. To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Will Aerospace & Defense sector continue expanding? Could Howmet diversify its offerings? Factors like these will boost the valuation of Howmet Aerospace. Market participants price Howmet higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Howmet Aerospace data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.203 | Dividend Share 0.44 | Earnings Share 3.7 | Revenue Per Share | Quarterly Revenue Growth 0.146 |
Investors evaluate Howmet Aerospace using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Howmet Aerospace'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 Howmet Aerospace's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Howmet Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Howmet Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Howmet Aerospace's market price signifies the transaction level at which participants voluntarily complete trades.