Ignitis Competitors

IGN Stock

18.98 0.18 0.96%

Ignitis Grupe AB competes with Cairo Communication, Gamma Communications, Datalogic, Teradata Corp, and T Mobile; as well as few others. The company operates under Commercial Services & Supplies sector and is part of Industrials industry. Analyzing Ignitis Grupe 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 Ignitis Grupe to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Ignitis Grupe Correlation with its peers.

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 Ignitis Grupe competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
17.59	18.98	20.37

Details

Intrinsic

Valuation

Low	Real	High
14.39	15.78	20.88

Details

Ignitis Grupe Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ignitis Grupe 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 Ignitis 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 Ignitis Grupe AB does not affect the price movement of the other competitor.

	0N7I	GAMA	0E3C	0LEE	0R2L
0N7I		-0.08	-0.4	0.66	0.54	0N7I
GAMA	-0.08		0.0	0.12	-0.18	GAMA
0E3C	-0.4	0.0		-0.27	-0.88	0E3C
0LEE	0.66	0.12	-0.27		0.5	0LEE
0R2L	0.54	-0.18	-0.88	0.5		0R2L
	0N7I	GAMA	0E3C	0LEE	0R2L

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High positive correlations

0LEE	+ 0.66	0N7I
0R2L	+ 0.54	0N7I
0R2L	+ 0.5	0LEE
0LEE	+ 0.12	GAMA
0E3C	+ 0.0	GAMA

High negative correlations

0R2L	- 0.88	0E3C
0E3C	- 0.4	0N7I
0LEE	- 0.27	0E3C
0R2L	- 0.18	GAMA
GAMA	- 0.08	0N7I
0E3C	- 0.0	GAMA

Risk-Adjusted Indicators

There is a big difference between Ignitis Stock performing well and Ignitis Grupe 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 Ignitis Grupe'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
0N7I	1.15	0.08	0.01	0.28	1.10	(1.37)	2.68	(1.83)	6.32
GAMA	1.03	0.04	(0.05)	0.78	1.18	(1.19)	1.59	(1.96)	16.38
0E3C	1.00	(0.44)	0.00	(1.30)	0.00	0.00	1.63	(2.18)	7.33
0LEE	1.23	0.11	0.02	0.33	2.99	(1.22)	3.02	(2.04)	17.87
0R2L	0.95	0.24	0.14	0.61	0.98	(1.01)	2.24	(1.60)	8.56

Unable to evaluate fundamental data of [0N7I.LSE, GAMA.LSE, 0E3C.LSE, 0LEE.LSE, 0R2L.LSE] at this time. Please try again later

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Ignitis Grupe Competitive Analysis

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

	IGN	0N7I	GAMA	0E3C	0LEE	0R2L
	0.96 18.98 Ignitis	0.85 2.32 Cairo	0.13 1,576 Gamma	0.79 5.05 Datalogic	1.50 30.96 Teradata	1.54 246.89 0R2L
Market Volatility (90 Days Market Risk)	Very steady	Slightly risky	Very steady	Not too volatile	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	OK	Insignificant	Very Weak	Modest	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Very Small	Low	Quite High	Very Small	Very Small
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Under 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)	Strong Buy	Strong Buy	Strong Hold	Strong Buy	Strong Buy	Strong Buy
Net Asset	N/A	1.77 B	474.8 M	N/A	1.87 B	207.68 B
Profit Margin	N/A	0.04 %	0.10 %	0.02 %	0.05 %	0.13 %
EBITDA	N/A	165.8 M	103.3 M	18.1 M	262 M	26.93 B
Operating Margin	N/A	0.16 %	0.16 %	0.02 %	0.12 %	0.24 %
Current Valuation	N/A	803.11 M	1.37 B	295.4 M	3.21 B	394.27 B
Price To Book	N/A	N/A	4.25 X	N/A	N/A	N/A
Retained Earnings	N/A	317.2 M	317.4 M	268.6 M	(1.81 B)	7.35 B
Beta	N/A	1.14	0.81	1.52	0.8	0.5
Number Of Employees	N/A	3.81 K	1.9 K	2.75 K	6.5 K	67 K
Shares Outstanding	N/A	N/A	95.76 M	57.82 M	118.2 M	848.39 M
Cash Flow From Operations	N/A	106.7 M	108.2 M	53.45 M	375 M	18.56 B
Annual Yield	N/A	0 %	0.01 %	0.02 %	N/A	N/A
Total Debt	N/A	209.4 M	11.7 M	N/A	640 M	113.09 B
Return On Equity	N/A	0.0762	0.17	0.0335	0.66	0.16
Return On Asset	N/A	0.0339	0.12	-0.0015	0.078	0.0524
Book Value Per Share	N/A	4.08 X	3.68 X	7.59 X	1.30 X	55.17 X
Total Asset	N/A	1.77 B	474.8 M	N/A	1.87 B	207.68 B
Target Price	N/A	N/A	1860.56	N/A	N/A	N/A
Last Dividend Paid	N/A	N/A	0.18	0.12	N/A	2.83
Shares Owned By Institutions	N/A	8.83 %	71.41 %	9.12 %	93.58 %	39.24 %
Market Capitalization	N/A	253.24 M	1.52 B	394 M	361.49 B	140.06 B
Price To Sales	N/A	N/A	2.78 X	0.79 X	2.01 X	2.57 X
Net Income	N/A	38.4 M	53.6 M	30.13 M	62 M	8.32 B
Earnings Per Share	N/A	N/A	0.58 X	0.55 X	1.16 X	2.24 X
Shares Owned By Insiders	N/A	51.48 %	3.38 %	64.80 %	0.75 %	59.15 %
Revenue	N/A	1.05 B	521.7 M	499.6 M	1.83 B	78.56 B
Working Capital	N/A	N/A	171.4 M	N/A	N/A	N/A
Gross Profit	N/A	255.8 M	247.7 M	274.52 M	1.09 B	47.56 B
Day Typical Price	19.09	2.27	1572.67	5.41	31.09	246.31
Accumulation Distribution	0.0248	0.0647	0.0164	0.18	0.0124	0.017
Market Facilitation Index	0.48	0.15	26.0	1.09	0.39	4.21
Daily Balance Of Power	0.375	(0.13)	0.0769	(0.04)	(1.21)	0.8907
Period Momentum Indicator	0.18	(0.02)	2.0	(0.04)	(0.47)	3.75
Rate Of Daily Change	1.01	0.99	1.0	0.99	0.99	1.02
Day Median Price	19.15	2.25	1571.0	5.6	31.16	246.02
Price Action Indicator	(0.08)	0.065	6.0	(0.56)	(0.43)	2.75
Coefficient Of Variation	(3,820)	1021.26	3432.5	(332.64)	1235.54	422.13
Mean Deviation	4.06	1.15	1.03	1.0	1.23	0.9464
Jensen Alpha	(0.21)	0.077	0.0395	(0.44)	0.1142	0.2386
Total Risk Alpha	(1.01)	(0.08)	(0.24)	(0.61)	(0.17)	0.101
Sortino Ratio	N/A	0.0112	(0.05)	N/A	0.0181	0.1382
Downside Variance	N/A	1.59	1.7	N/A	10.7	1.68
Standard Deviation	5.64	1.42	1.93	1.33	2.28	1.29
Kurtosis	1.1	0.8736	29.03	1.23	27.91	3.42
Potential Upside	9.84	2.68	1.59	1.63	3.02	2.24
Treynor Ratio	(0.38)	0.2845	0.7785	(1.30)	0.3334	0.6059
Maximum Drawdown	26.2	6.32	16.38	7.33	17.87	8.56
Variance	31.83	2.03	3.74	1.76	5.2	1.65
Market Risk Adjusted Performance	(0.37)	0.2945	0.7885	(1.29)	0.3434	0.6159
Risk Adjusted Performance	(0.01)	0.0797	0.0284	(0.23)	0.0687	0.1856
Skewness	(0.70)	0.6591	4.37	(0.23)	(4.24)	0.5423
Semi Deviation	N/A	1.1	1.18	N/A	2.99	0.9767
Information Ratio	(0.05)	0.0099	(0.04)	(0.40)	0.026	0.1394
Value At Risk	(12.32)	(1.83)	(1.96)	(2.18)	(2.04)	(1.60)
Expected Short fall	N/A	(1.37)	(1.19)	N/A	(1.22)	(1.01)
Downside Deviation	N/A	1.26	1.3	N/A	3.27	1.3
Semi Variance	N/A	1.21	1.4	N/A	8.93	0.954

Ignitis Grupe Competition Performance Charts

Five steps to successful analysis of Ignitis Grupe Competition

Ignitis Grupe'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 Ignitis Grupe AB in relation to its competition. Ignitis Grupe's competition analysis typically involves several steps, including:

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

In addition to having Ignitis Grupe 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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Beer and Liquor

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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 Beer and Liquor Theme or any other thematic opportunities.

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Other Information on Investing in Ignitis Stock

Ignitis Grupe financial ratios help investors to determine whether Ignitis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ignitis with respect to the benefits of owning Ignitis Grupe security.

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