Jerash Competitors
| JRSH Stock | USD 3.07 0.02 0.65% |
Jerash Holdings vs Rave Restaurant Correlation
Good diversification
The correlation between Jerash Holdings and RAVE is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jerash Holdings and RAVE in the same portfolio, assuming nothing else is changed.
Moving against Jerash Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jerash Holdings' 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.
Jerash Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Jerash Holdings 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 Jerash 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 Jerash Holdings 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 Jerash Stock performing well and Jerash Holdings 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 Jerash Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VNCE | 3.57 | 0.04 | 0.01 | 0.10 | 4.47 | 7.51 | 25.78 | |||
| TLYS | 3.05 | 0.12 | 0.02 | 0.43 | 3.31 | 7.30 | 32.45 | |||
| CULP | 1.69 | (0.17) | 0.00 | (0.44) | 0.00 | 3.55 | 9.88 | |||
| FRSX | 2.99 | (1.12) | 0.00 | 6.18 | 0.00 | 4.39 | 35.97 | |||
| LIVE | 4.48 | 0.61 | 0.18 | 0.30 | 3.31 | 13.58 | 27.67 | |||
| PRTS | 4.05 | (0.26) | 0.00 | 0.46 | 0.00 | 10.00 | 23.61 | |||
| DXLG | 4.10 | (0.38) | 0.00 | (0.06) | 0.00 | 5.61 | 71.37 | |||
| QVCGA | 6.08 | 0.56 | 0.04 | (0.19) | 9.22 | 14.97 | 41.44 | |||
| SYPR | 4.24 | 0.88 | 0.16 | (1.23) | 3.93 | 12.37 | 33.25 | |||
| RAVE | 2.20 | 0.53 | 0.15 | 2.21 | 2.65 | 4.46 | 23.89 |
Jerash Holdings Competitive Analysis
The better you understand Jerash Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Jerash Holdings' 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 Jerash Holdings' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Jerash Holdings Competition Performance Charts
Five steps to successful analysis of Jerash Holdings Competition
Jerash Holdings' 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 Jerash Holdings in relation to its competition. Jerash Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Jerash Holdings 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 Jerash Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Jerash Holdings, 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 Jerash Holdings position
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Check out Jerash Holdings Correlation with its peers.For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is there potential for Stock market expansion? Will Jerash introduce new products? Factors like these will boost the valuation of Jerash Holdings. Expected growth trajectory for Jerash significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Investors evaluate Jerash Holdings using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Jerash Holdings' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Jerash Holdings' market price to deviate significantly from intrinsic value.
Understanding that Jerash Holdings' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Jerash Holdings represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Jerash Holdings' market price signifies the transaction level at which participants voluntarily complete trades.