Lincoln Competitors
| LECO Stock | USD 293.38 0.70 0.24% |
Lincoln Electric vs Mueller Industries Correlation
Poor diversification
The correlation between Lincoln Electric Holdings and MLI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lincoln Electric Holdings and MLI in the same portfolio, assuming nothing else is changed.
Moving together with Lincoln Stock
Moving against Lincoln Stock
| 0.5 | WATR | Current Water Techno | PairCorr |
| 0.32 | EVEX | Eve Holding | PairCorr |
| 0.32 | CXT | Crane NXT Earnings Call Today | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lincoln Electric'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.
Lincoln Electric Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Lincoln Electric 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 Lincoln 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 Lincoln Electric Holdings does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Lincoln Stock performing well and Lincoln Electric 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 Lincoln Electric'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RBC | 0.99 | 0.26 | 0.21 | 0.31 | 0.77 | 3.01 | 6.18 | |||
| SWK | 1.59 | 0.30 | 0.22 | 0.25 | 1.35 | 4.60 | 10.50 | |||
| HII | 1.82 | 0.29 | 0.12 | 0.26 | 2.28 | 4.34 | 16.77 | |||
| IEX | 1.03 | 0.30 | 0.31 | 0.42 | 0.52 | 2.68 | 6.54 | |||
| WCC | 1.72 | 0.03 | 0.04 | 0.10 | 2.17 | 3.54 | 10.20 | |||
| NDSN | 0.87 | 0.28 | 0.28 | 0.37 | 0.54 | 2.48 | 4.63 | |||
| ATI | 1.26 | 0.45 | 0.41 | 0.53 | 0.61 | 3.87 | 7.61 | |||
| BLDR | 2.21 | 0.08 | 0.08 | 0.12 | 1.92 | 5.94 | 15.38 | |||
| AVY | 0.95 | 0.08 | 0.05 | 0.18 | 0.98 | 2.57 | 6.45 | |||
| MLI | 1.36 | 0.08 | 0.03 | 0.16 | 2.74 | 2.26 | 13.77 |
Cross Equities Net Income Analysis
Compare Lincoln Electric Holdings and related stocks such as RBC Bearings, Stanley Black Decker, and Huntington Ingalls Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RBC | 3.6 M | 50 M | 56.3 M | 60.2 M | 58.2 M | 63.9 M | 70.6 M | 87.1 M | 105.2 M | 120.3 M | 90.1 M | 54.7 M | 166.7 M | 209.9 M | 246.2 M | 283.1 M | 297.3 M |
| SWK | 78.3 M | 673.2 M | 523.7 M | 490.1 M | 760.9 M | 883.7 M | 965.3 M | 1.2 B | 605.2 M | 957.5 M | 1.2 B | 1.7 B | (133.7 M) | (281.7 M) | 286.3 M | 401.9 M | 380.1 M |
| HII | 124 M | (94 M) | 146 M | 261 M | 338 M | 404 M | 573 M | 479 M | 836 M | 549 M | 696 M | 544 M | 579 M | 681 M | 550 M | 605 M | 479 M |
| IEX | 10.7 M | 193.9 M | 37.6 M | 255.2 M | 279.4 M | 282.8 M | 271.1 M | 337.3 M | 410.6 M | 425.5 M | 377.8 M | 449.4 M | 586.9 M | 596.1 M | 505 M | 483.2 M | 507.4 M |
| WCC | (7.7 M) | 196.3 M | 201.8 M | 276.4 M | 275.9 M | 210.7 M | 101.6 M | 163.5 M | 227.3 M | 223.4 M | 100.6 M | 465.4 M | 860.5 M | 765.5 M | 717.6 M | 825.2 M | 866.5 M |
| NDSN | 9.7 M | 224.8 M | 221.8 M | 246.8 M | 211.1 M | 271.8 M | 295.8 M | 377.4 M | 337.1 M | 249.5 M | 454.4 M | 513.1 M | 487.5 M | 467.3 M | 484.5 M | 557.1 M | 585 M |
| ATI | 213 M | 214.3 M | 150.5 M | 154 M | (2.6 M) | (377.9 M) | (640.9 M) | (91.9 M) | 222.4 M | 252.5 M | (1.6 B) | 184.6 M | 323.5 M | 410.8 M | 367.8 M | 404.3 M | 424.5 M |
| BLDR | 1.5 M | (65 M) | (56.9 M) | (42.7 M) | 18.1 M | (22.8 M) | 144.3 M | 38.8 M | 205.2 M | 221.8 M | 313.5 M | 1.7 B | 2.7 B | 1.5 B | 1.1 B | 1.2 B | 1.3 B |
| AVY | 48.3 M | 190.1 M | 215.4 M | 215.8 M | 248.9 M | 274.3 M | 320.7 M | 281.8 M | 467.4 M | 303.6 M | 555.9 M | 740.1 M | 757.1 M | 503 M | 704.9 M | 688 M | 722.4 M |
| MLI | 56.7 M | 86.3 M | 82.4 M | 172.6 M | 101.6 M | 87.9 M | 99.7 M | 85.6 M | 104.5 M | 101 M | 139.5 M | 468.5 M | 658.3 M | 602.9 M | 604.9 M | 765.2 M | 803.5 M |
Lincoln Electric Holdings and related stocks such as RBC Bearings, Stanley Black Decker, and Huntington Ingalls Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Lincoln Electric Holdings financial statement analysis. It represents the amount of money remaining after all of Lincoln Electric Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Lincoln Electric Competitive Analysis
The better you understand Lincoln Electric competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Lincoln Electric'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 Lincoln Electric'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 |
Lincoln Electric Competition Performance Charts
Five steps to successful analysis of Lincoln Electric Competition
Lincoln Electric'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 Lincoln Electric Holdings in relation to its competition. Lincoln Electric's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Lincoln Electric 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 Lincoln Electric's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Lincoln Electric 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.
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Check out Lincoln Electric Correlation with its peers. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Will Industrial Machinery & Supplies & Components sector continue expanding? Could Lincoln diversify its offerings? Factors like these will boost the valuation of Lincoln Electric. Expected growth trajectory for Lincoln significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Lincoln Electric data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.249 | Dividend Share 3 | Earnings Share 9.33 | Revenue Per Share | Quarterly Revenue Growth 0.079 |
Understanding Lincoln Electric Holdings requires distinguishing between market price and book value, where the latter reflects Lincoln's accounting equity. The concept of intrinsic value - what Lincoln Electric's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Lincoln Electric's price substantially above or below its fundamental value.
Understanding that Lincoln Electric's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Lincoln Electric represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Lincoln Electric's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.