Compare InPlay to Yangarra, IShares, Altagas, European, RBC, IShares

Comparing InPlay to Yangarra, IShares, Altagas, European, RBC, IShares can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.
Specify up to 10 symbols:

Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ERE-UN
+ 0.8
XHB
RUDB
+ 0.74
ERE-UN
RUDB
+ 0.72
XHB
YGR
+ 0.68
IPO
ALA-PA
+ 0.5
YGR
ALA-PA
+ 0.43
IPO
  
High negative correlations   
RUDB
- 0.85
IPO
ERE-UN
- 0.76
IPO
XHB
- 0.73
IPO
RUDB
- 0.58
YGR
ALA-PA
- 0.54
XHB
XHB
- 0.52
YGR

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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.

Cross Equities Net Income Analysis

Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
201020112012201320142015201620172018201920202021202220232024
IPO(1.6 M)(22.4 M)(31.5 M)(105.6 M)(56.5 M)(17.9 M)20 M(7.7 M)(8.6 M)(26.8 M)(112.6 M)115.1 M83.9 M32.7 M34.3 M
ERE-UN(61.3 K)(61.3 K)(61.3 K)(61.3 K)(61.3 K)(61.3 K)(61.3 K)(1.4 M)5.3 M(16.8 M)118.7 M96.1 M116.4 M(114.2 M)(108.5 M)

InPlay Oil Corp, Yangarra Resources, and iShares Canadian HYBrid Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in entities financial statement analysis. It represents the amount of money remaining after all of organizations operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Competitive Analysis

    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
IPO YGR XHB ALA-PA ERE-UN RUDB XEG
 1.67 
 1.77 
InPlay
 0.96 
 1.05 
Yangarra
 0.05 
 19.64 
IShares
 0.42 
 19.33 
Altagas
 0.55 
 3.63 
European
 0.47 
 21.40 
RBC
 2.24 
 17.86 
IShares
Market Volatility
(90 Days Market Risk)
Unstable
Very risky
Very steady
Very steady
Slightly risky
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Good
Weak
Solid
Good
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Average
Above Average
Low
Low
Below Average
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Over Valued
Fairly Valued
Under Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Hold
Strong Sell
Sell
Strong Hold
Cautious Hold
Strong Hold
Current Ratio
0.10 X
0.81 X
N/A
N/A
0.19 X
N/A
N/A
Net Asset
472.96 M
835.22 M
430.05 M
21.59 B
1.72 B
N/A
642.76 M
Profit Margin
0.17 %
0.27 %
N/A
0.02 %
(0.49) %
N/A
N/A
EBITDA
87.36 M
108.92 M
N/A
1.14 B
66.25 M
N/A
N/A
Operating Margin
0.24 %
0.32 %
N/A
0.07 %
0.68 %
N/A
N/A
Current Valuation
221.87 M
228.55 M
N/A
N/A
1.58 B
N/A
N/A
Price To Book
0.56 X
0.18 X
N/A
N/A
0.56 X
N/A
N/A
Retained Earnings
8.12 M
311.73 M
N/A
N/A
170.62 M
N/A
N/A
Five Year Return
N/A
N/A
2.80 %
N/A
5.24 %
N/A
20.30 %
One Year Return
N/A
N/A
12.10 %
N/A
N/A
7.90 %
14.60 %
Beta
2.35
2.15
0.94
1.32
1.29
N/A
0.92
Number Of Employees
N/A
72
1
2.93 K
N/A
N/A
7
Equity Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
99.84 %
Shares Outstanding
90.12 M
98.73 M
N/A
N/A
92.21 M
N/A
N/A
Three Year Return
N/A
N/A
2.50 %
N/A
N/A
N/A
22.60 %
Cash Flow From Operations
86.01 M
99.03 M
N/A
738 M
55.21 M
N/A
N/A
Annual Yield
0.10 %
N/A
N/A
0.05 %
0.05 %
N/A
N/A
Total Debt
51.29 M
123.44 M
N/A
7.68 B
992.49 M
N/A
N/A
Return On Equity
0.0908
0.0639
N/A
0.0477
-0.11
N/A
N/A
Bond Positions Weight
N/A
N/A
97.03 %
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
30.71 %
N/A
N/A
N/A
154.10 %
Return On Asset
0.0445
0.038
N/A
0.0273
0.0251
N/A
N/A
Number Of Shares Shorted
64.88 K
819.71 K
N/A
8.1 K
950.72 K
N/A
N/A
Book Value Per Share
3.26 X
5.72 X
N/A
24.88 X
4.43 X
N/A
N/A
Total Asset
472.96 M
835.22 M
430.05 M
21.59 B
1.72 B
N/A
642.76 M
Debt To Equity
1.16 %
62.00 %
N/A
N/A
2.56 %
N/A
N/A
Short Ratio
0.83 X
16.25 X
N/A
1.62 X
2.10 X
N/A
N/A
Target Price
3.18
1.38
N/A
N/A
3.86
N/A
N/A
Last Dividend Paid
N/A
N/A
0.065
1.05
0.18
N/A
0.042
Shares Owned By Institutions
1.46 %
1.86 %
N/A
52.87 %
19.95 %
N/A
N/A
Market Capitalization
159.51 M
102.68 M
N/A
N/A
334.73 M
N/A
549.94 M
Price To Earning
N/A
2.19 X
N/A
N/A
1.68 X
N/A
2.18 X
Price To Sales
1.05 X
0.80 X
N/A
N/A
3.45 X
N/A
N/A
Net Income
32.7 M
46.66 M
N/A
283 M
(114.23 M)
N/A
N/A
Earnings Per Share
0.21 X
0.33 X
N/A
0.89 X
(0.30) X
N/A
4.08 X
Shares Owned By Insiders
25.30 %
12.00 %
N/A
N/A
12.43 %
N/A
N/A
Revenue
156.85 M
152.26 M
N/A
10.57 B
95.68 M
N/A
N/A
Working Capital
(2.59 M)
(735 K)
N/A
N/A
(92.8 M)
N/A
N/A
Ten Year Return
N/A
N/A
3.40 %
N/A
N/A
N/A
3.90 %
Cash And Equivalents
70 K
57 K
N/A
N/A
15.95 M
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
0.18 X
N/A
N/A
Gross Profit
152.54 M
194.58 M
N/A
2.87 B
68.98 M
N/A
N/A
Day Typical Price
1.78
1.05
19.65
19.35
3.61
21.4
17.96
Accumulation Distribution
0.033
0.0463
0.0036
0.0113
0.0193
N/A
0.0295
Market Facilitation Index
0.06
0.05
0.07
0.22
0.07
N/A
0.54
Daily Balance Of Power
(0.50)
0.2
0.1429
0.3636
0.2857
9.2 T
(0.76)
Period Momentum Indicator
(0.03)
0.01
0.01
0.08
0.02
0.1
(0.41)
Rate Of Daily Change
0.98
1.01
1.0
1.0
1.01
1.0
0.98
Day Median Price
1.79
1.06
19.66
19.36
3.6
21.4
18.01
Price Action Indicator
(0.04)
N/A
(0.01)
0.01
0.045
0.05
(0.36)
Relative Strength Index
41.18
53.42
56.8
60.95
69.22
59.04
50.25
Coefficient Of Variation
(742.29)
(2,672)
943.19
12617.14
526.91
832.04
(6,130)
Mean Deviation
1.54
1.66
0.1878
0.5095
1.36
0.2464
1.22
Jensen Alpha
(0.32)
(0.16)
0.0176
0.0096
0.476
0.0478
(0.07)
Total Risk Alpha
(0.59)
(0.43)
(0.02)
(0.12)
0.0693
(0.02)
(0.28)
Sortino Ratio
N/A
N/A
(0.46)
(0.17)
0.2441
(0.20)
N/A
Downside Variance
N/A
N/A
0.0516
0.5698
1.89
0.2015
N/A
Standard Deviation
1.99
2.14
0.2374
0.7055
2.46
0.3515
1.54
Kurtosis
(0.1)
(0.24)
0.1549
1.01
21.95
2.17
0.428
Potential Upside
3.45
3.19
0.4606
1.15
3.4
0.5811
2.2
Treynor Ratio
(0.84)
(0.17)
(0.76)
0.038
(2.77)
(0.25)
(0.12)
Maximum Drawdown
8.86
8.68
1.07
3.73
20.23
1.96
8.2
Variance
3.95
4.57
0.0564
0.4977
6.04
0.1236
2.37
Market Risk Adjusted Performance
(0.83)
(0.16)
(0.75)
0.048
(2.76)
(0.24)
(0.11)
Risk Adjusted Performance
(0.1)
(0.02)
0.0589
0.0052
0.152
0.0801
(0.01)
Skewness
0.0524
0.244
0.525
(0.18)
3.75
(0.92)
(0.42)
Semi Deviation
N/A
N/A
0.09
0.6639
0.7882
0.336
N/A
Information Ratio
(0.20)
(0.1)
(0.44)
(0.18)
0.1367
(0.25)
(0.10)
Value At Risk
(3.76)
(2.91)
(0.31)
(1.45)
(1.58)
(0.62)
(2.34)
Expected Short fall
N/A
N/A
(0.25)
(0.61)
(1.86)
(0.26)
N/A
Downside Deviation
N/A
N/A
0.2271
0.7548
1.38
0.4489
N/A
Semi Variance
N/A
N/A
0.0081
0.4408
0.6213
0.1129
N/A

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.
Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Explore Investing Ideas

You can quickly originate your optimal portfoio 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.

Did you try this?

Run Portfolio Backtesting Now

   

Portfolio Backtesting

Avoid under-diversification and over-optimization by backtesting your portfolios
All  Next Launch Module
Check out your portfolio center.
Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Complementary Tools

Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Global Correlations
Find global opportunities by holding instruments from different markets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY