Laser Competitors
| LASE Stock | 0.98 0.25 20.64% |
Laser Photonics vs Mega Matrix Correlation
Very weak diversification
The correlation between Laser Photonics and MPU is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Laser Photonics and MPU in the same portfolio, assuming nothing else is changed.
Moving against Laser Stock
| 0.92 | PH | Parker Hannifin | PairCorr |
| 0.91 | OERL | OC Oerlikon Corp | PairCorr |
| 0.88 | WWD | Woodward | PairCorr |
| 0.81 | PL | Planet Labs PBC | PairCorr |
| 0.79 | RFG | Roebuck Food Group | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Laser Photonics' 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.
Laser Photonics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Laser Photonics 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 Laser 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 Laser Photonics 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 Laser Stock performing well and Laser Photonics 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 Laser Photonics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BWEN | 4.68 | 0.65 | 0.13 | 0.63 | 4.61 | 11.11 | 28.93 | |||
| PPSI | 3.56 | (0.16) | (0.01) | 0.00 | 4.59 | 8.30 | 23.08 | |||
| HTLM | 4.29 | (0.27) | 0.00 | (0.98) | 0.00 | 9.50 | 26.61 | |||
| DPRO | 5.56 | (0.36) | 0.00 | (0.09) | 0.00 | 11.62 | 37.73 | |||
| GWH | 4.71 | (1.26) | 0.00 | (0.39) | 0.00 | 6.71 | 61.03 | |||
| CLIR | 4.15 | (0.39) | 0.00 | 0.43 | 0.00 | 7.27 | 37.67 | |||
| ADSE | 2.56 | 0.08 | 0.02 | 0.24 | 3.08 | 5.43 | 19.26 | |||
| MAGH | 4.79 | 2.60 | 0.59 | (1.17) | 0.00 | 25.78 | 44.43 | |||
| PMEC | 3.70 | (0.81) | 0.00 | (1.54) | 0.00 | 6.86 | 27.96 | |||
| MPU | 4.62 | (0.85) | 0.00 | (0.38) | 0.00 | 7.20 | 44.14 |
Cross Equities Net Income Analysis
Compare Laser Photonics and related stocks such as Broadwind Energy, Pioneer Power Solutions, and HomesToLife Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BWEN | (24.7 K) | (21.9 M) | (17.9 M) | (10.5 M) | (6.2 M) | (21.8 M) | 319 K | (3.6 M) | (24.1 M) | (4.5 M) | (1.5 M) | 2.8 M | (9.7 M) | 7.6 M | 1.2 M | 1.3 M | 1.4 M |
| PPSI | (3.5 K) | (60 K) | 3 M | 5.3 M | (268 K) | (5.9 M) | (569 K) | (9.3 M) | (5.7 M) | (12 M) | (3 M) | (2.2 M) | (5.4 M) | 138 K | 31.9 M | 36.6 M | 38.5 M |
| HTLM | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 814.7 K | 176.8 K | (1.2 M) | (1.1 M) | (1.1 M) |
| DPRO | (932 K) | (932 K) | (932 K) | (932 K) | (932 K) | (932 K) | (932 K) | (932 K) | (601.7 K) | (11.3 M) | (9.4 M) | (13.2 M) | (29.2 M) | (23.6 M) | (13.9 M) | (12.5 M) | (13.1 M) |
| GWH | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (30.4 M) | (477.1 M) | (78 M) | (77.6 M) | (86.2 M) | (77.6 M) | (81.5 M) |
| CLIR | (528.8 K) | (3 M) | (4.2 M) | (5.3 M) | (7.3 M) | (7.9 M) | (11.2 M) | (9.7 M) | (9.6 M) | (8.4 M) | (6.8 M) | (7.9 M) | (5.8 M) | (5.2 M) | (5.3 M) | (4.8 M) | (5 M) |
| ADSE | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (10.3 M) | (87.6 M) | (18.9 M) | (55.1 M) | (98 M) | (88.2 M) | (83.8 M) |
| MAGH | 808 K | 808 K | 808 K | 808 K | 808 K | 808 K | 808 K | 808 K | 808 K | 808 K | 808 K | 808 K | 808 K | 2 M | 43 K | 38.7 K | 36.7 K |
| PMEC | 309.8 K | 309.8 K | 309.8 K | 309.8 K | 309.8 K | 309.8 K | 309.8 K | 309.8 K | 309.8 K | 309.8 K | 5.4 M | (1.2 M) | (2.5 M) | (3.2 M) | (1.9 M) | (1.7 M) | (1.7 M) |
| MPU | (414.5 K) | (1.5 M) | 5.2 M | 3.2 M | (11.3 M) | 6.4 M | 1.2 M | 7.4 M | (8.1 M) | (16.7 M) | (42.2 M) | 14.9 M | (8.5 M) | (4.1 M) | (8.9 M) | (8 M) | (7.6 M) |
Laser Photonics and related stocks such as Broadwind Energy, Pioneer Power Solutions, and HomesToLife Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Laser Photonics financial statement analysis. It represents the amount of money remaining after all of Laser Photonics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Laser Photonics Competitive Analysis
The better you understand Laser Photonics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Laser Photonics' 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 Laser Photonics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Laser Photonics Competition Performance Charts
Five steps to successful analysis of Laser Photonics Competition
Laser Photonics' 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 Laser Photonics in relation to its competition. Laser Photonics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Laser Photonics 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 Laser Photonics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Laser Photonics, 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 Laser Photonics position
In addition to having Laser Photonics 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.Did You Try This Idea?
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Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 46 constituents at this time.
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Check out Laser Photonics Correlation with its peers. For information on how to trade Laser Stock refer to our How to Trade Laser Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Will Industrial Machinery & Supplies & Components sector continue expanding? Could Laser diversify its offerings? Factors like these will boost the valuation of Laser Photonics. Expected growth trajectory for Laser significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Laser Photonics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.95) | Earnings Share (0.46) | Revenue Per Share | Quarterly Revenue Growth 0.283 | Return On Assets |
Investors evaluate Laser Photonics using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Laser Photonics' 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 Laser Photonics' market price to deviate significantly from intrinsic value.
Understanding that Laser Photonics' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Laser Photonics represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Laser Photonics' market price signifies the transaction level at which participants voluntarily complete trades.