II-VI Competitors
| IIVIDelisted Stock | USD 32.21 2.75 7.87% |
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 II-VI Incorporated competition on your existing holdings.
II-VI |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of II-VI Incorporated'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.
II-VI Incorporated Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between II-VI Incorporated and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of II-VI 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 II-VI Incorporated does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between II-VI Stock performing well and II-VI Incorporated 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 II-VI Incorporated'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BNTX | 2.24 | 0.33 | 0.12 | 0.45 | 2.34 | 5.77 | 24.81 | |||
| SG | 3.29 | 0.12 | 0.08 | 0.17 | 3.33 | 7.39 | 15.89 | |||
| AMGN | 1.03 | (0.25) | 0.00 | (0.13) | 0.00 | 1.67 | 9.43 | |||
| VMD | 1.52 | 0.14 | 0.10 | 0.23 | 1.66 | 3.30 | 10.98 | |||
| SSY | 2.83 | 0.01 | 0.00 | 0.08 | 0.00 | 6.74 | 20.59 | |||
| DLTTF | 0.02 | 0.00 | 0.00 | 0.26 | 0.00 | 0.00 | 0.83 | |||
| BYD | 1.17 | 0.21 | 0.18 | 0.34 | 0.80 | 3.30 | 9.58 | |||
| CPIX | 1.79 | (0.46) | 0.00 | (0.67) | 0.00 | 3.51 | 10.64 |
II-VI Incorporated Competitive Analysis
The better you understand II-VI Incorporated competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, II-VI Incorporated'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 II-VI Incorporated'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 |
II-VI Incorporated Competition Performance Charts
Five steps to successful analysis of II-VI Incorporated Competition
II-VI Incorporated'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 II-VI Incorporated in relation to its competition. II-VI Incorporated's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of II-VI Incorporated 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 II-VI Incorporated's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to II-VI Incorporated, 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 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 real. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in II-VI Stock
If you are still planning to invest in II-VI Incorporated 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 II-VI Incorporated's history and understand the potential risks before investing.
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