Linde Competitors
| LIN Stock | USD 448.24 11.45 2.49% |
Linde Plc vs Avient Corp Correlation
Very poor diversification
The correlation between Linde plc Ordinary and AVNT is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Linde plc Ordinary and AVNT in the same portfolio, assuming nothing else is changed.
Moving together with Linde Stock
Moving against Linde Stock
| 0.81 | GCMGW | GCM Grosvenor | PairCorr |
| 0.69 | HGAS | Global Gas | PairCorr |
| 0.65 | ADVWW | Advantage Solutions | PairCorr |
| 0.56 | MAPSW | WM Technology | PairCorr |
Linde Plc Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Linde Plc 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 Linde 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 Linde plc Ordinary 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 Linde Stock performing well and Linde Plc 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 Linde Plc'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| APD | 1.37 | 0.23 | 0.09 | 0.46 | 1.95 | 2.97 | 18.39 | |||
| SHW | 1.06 | (0.01) | (0.01) | 0.07 | 1.19 | 2.69 | 6.63 | |||
| ECL | 0.84 | 0.13 | 0.09 | 0.26 | 0.81 | 2.03 | 4.70 | |||
| SCCO | 2.36 | 0.51 | 0.15 | 0.43 | 3.01 | 4.92 | 20.78 | |||
| SQM | 2.44 | 0.60 | 0.18 | 2.15 | 2.64 | 6.23 | 15.98 | |||
| ESI | 1.85 | (0.01) | 0.04 | 0.08 | 1.99 | 4.59 | 12.50 | |||
| FUL | 1.36 | 0.14 | 0.09 | 0.20 | 1.37 | 3.51 | 8.23 | |||
| SXT | 1.26 | 0.03 | 0.02 | 0.12 | 1.56 | 2.90 | 9.53 | |||
| HWKN | 1.62 | (0.03) | (0.01) | 0.06 | 2.58 | 3.39 | 14.80 | |||
| AVNT | 1.50 | 0.21 | 0.13 | 0.25 | 1.38 | 3.71 | 8.89 |
Cross Equities Net Income Analysis
Compare Linde plc Ordinary and related stocks such as Air Products, Sherwin Williams, and Ecolab Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APD | 143.5 M | 1.2 B | 994.2 M | 991.7 M | 1.3 B | 631.1 M | 3 B | 1.5 B | 1.8 B | 1.9 B | 2.1 B | 2.3 B | 2.3 B | 3.8 B | (394.5 M) | (453.7 M) | (431 M) |
| SHW | 74.6 M | 441.9 M | 680.2 M | 752.6 M | 865.9 M | 1.1 B | 1.1 B | 1.8 B | 1.1 B | 1.5 B | 2 B | 1.9 B | 2 B | 2.4 B | 2.7 B | 2.6 B | 2.7 B |
| ECL | 43.7 M | 462.5 M | 703.6 M | 967.8 M | 1.2 B | 1 B | 1.2 B | 1.5 B | 1.4 B | 1.6 B | (1.2 B) | 1.1 B | 1.1 B | 1.4 B | 2.1 B | 2.4 B | 2.6 B |
| SCCO | 217.8 M | 2.3 B | 1.9 B | 1.6 B | 1.3 B | 736.4 M | 776.5 M | 728.5 M | 1.5 B | 1.5 B | 1.6 B | 3.4 B | 2.6 B | 2.4 B | 3.4 B | 4.3 B | 4.6 B |
| SQM | 23.3 M | 545.8 M | 649.2 M | 467.1 M | 236.9 M | 220.4 M | 278.3 M | 427.7 M | 439.8 M | 278.1 M | 164.5 M | 585.5 M | 3.9 B | 2 B | (404.4 M) | (465 M) | (441.8 M) |
| ESI | 987 K | 987 K | 46 M | (194.2 M) | (29.9 M) | (308.6 M) | (74 M) | (296.2 M) | (324.4 M) | 92.2 M | 75.7 M | 203.3 M | 187.2 M | 118.1 M | 244.2 M | 280.8 M | 294.9 M |
| FUL | 13.3 M | 125.6 M | 96.8 M | 49.9 M | 86.7 M | 124.1 M | 58.2 M | 171.2 M | 130.8 M | 123.7 M | 161.4 M | 180.3 M | 144.9 M | 130.3 M | 152 M | 174.8 M | 183.5 M |
| SXT | 17.4 M | 120.5 M | 123.9 M | 113.3 M | 73.6 M | 106.8 M | 126.3 M | 89.6 M | 157.4 M | 82 M | 109.5 M | 118.7 M | 140.9 M | 93.4 M | 124.7 M | 143.4 M | 85.5 M |
| HWKN | 1.4 M | 22.7 M | 17.1 M | 18.1 M | 19.2 M | 18.1 M | 22.6 M | (9.2 M) | 24.4 M | 28.4 M | 41 M | 51.5 M | 60 M | 75.4 M | 84.3 M | 97 M | 101.8 M |
| AVNT | 104.7 M | 172.6 M | 71.9 M | 243.8 M | 79.2 M | 144.6 M | 165.2 M | (57.7 M) | 159.8 M | 588.6 M | 131.6 M | 230.8 M | 703.1 M | 75.7 M | 169.5 M | 194.9 M | 117.9 M |
Linde plc Ordinary and related stocks such as Air Products, Sherwin Williams, and Ecolab Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Linde plc Ordinary financial statement analysis. It represents the amount of money remaining after all of Linde plc Ordinary operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Linde Plc Competitive Analysis
The better you understand Linde Plc competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Linde Plc'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 Linde Plc'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 |
Linde Plc Competition Performance Charts
Five steps to successful analysis of Linde Plc Competition
Linde Plc'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 Linde plc Ordinary in relation to its competition. Linde Plc's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Linde Plc 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 Linde Plc's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Linde plc Ordinary, 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 Linde Plc 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 Gases sector continue expanding? Could Linde diversify its offerings? Factors like these will boost the valuation of Linde Plc. Expected growth trajectory for Linde significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Linde Plc data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.1) | Dividend Share 6 | Earnings Share 14.61 | Revenue Per Share | Quarterly Revenue Growth 0.058 |
Linde plc Ordinary's market price often diverges from its book value, the accounting figure shown on Linde's balance sheet. Smart investors calculate Linde Plc's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Linde Plc's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Linde Plc's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Linde Plc represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Linde Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
