Nippon India Competition

Etfs . India . 
Etf . Nippon India Mutual
LTGILTBEES   26.86  0.04  0.15%   
  
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Nippon India Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nippon India and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Nippon 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 Nippon India Mutual does not affect the price movement of the other competitor.
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High positive correlations   
JPM
+ 0.83
CRM
CRM
+ 0.73
T
XOM
+ 0.72
META
CRM
+ 0.68
META
XOM
+ 0.68
CRM
MRK
+ 0.64
A
  
High negative correlations   
MRK
- 0.92
CRM
MRK
- 0.83
JPM
MRK
- 0.76
T
JPM
- 0.65
A
XOM
- 0.57
MRK
MRK
- 0.56
META

Nippon India Competition Risk-Adjusted Indicators

There is a big difference between Nippon Etf performing well and Nippon India ETF 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 Nippon India'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.05  0.00 (0.03) 0.12  1.40 
(1.14)
 2.62 
(3.15)
 8.02 
MSFT  0.88 (0.08)(0.07) 0.01  1.51 
(0.82)
 2.09 
(1.85)
 8.19 
UBER  1.60 (0.14) 0.00 (0.02) 0.00 
 0.00 
 2.69 
(2.44)
 20.10 
F  1.43 (0.12)(0.02) 0.04  2.19 
(1.43)
 2.75 
(2.90)
 11.72 
T  0.92  0.28  0.14  24.43  0.85 
(1.04)
 2.56 
(1.72)
 6.47 
A  1.14 (0.13) 0.00 (0.12) 0.00 
 0.00 
 2.29 
(2.42)
 9.02 
CRM  1.28  0.29  0.25  0.37  0.90 
(1.52)
 3.18 
(1.91)
 9.09 
JPM  1.12  0.00  0.06  0.12  1.44 
(1.17)
 2.05 
(2.00)
 15.87 
MRK  0.85 (0.26) 0.00 (1.12) 0.00 
 0.00 
 1.73 
(2.13)
 4.89 
XOM  1.03  0.03 (0.01) 0.18  1.21 
(1.11)
 2.14 
(2.09)
 5.78 
All Fundamental Data

Nippon India Competitive Analysis

The better you understand Nippon India competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nippon India'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 Nippon India'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
LTGILTBEES KINGFA INDOAMIN HDFCSENETF RICOAUTO GATECHDVR COSMOFIRST DELTAMAGNT EIDPARRY LAKPRE
 0.15 
 26.86 
Nippon
 0.88 
 2,861 
Kingfa
 0.21 
 164.35 
Indo
 0.00 
 700.42 
HDFC
 1.78 
 85.55 
Rico
 5.56 
 0.85 
GACM
 2.19 
 743.75 
COSMO
 0.76 
 94.87 
Delta
 0.68 
 831.30 
EID
 4.40 
 5.69 
Lakshmi
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Extremely Dangerous
Very steady
Very steady
Very steady
Slightly risky
Market Performance
(90 Days Performance)
Good
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Weak
Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Unknown
Very Small
Very Small
Unknown
Low
Very High
Very Small
Below Average
Very Small
Above Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Cautious Hold
Cautious Hold
Strong Hold
Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Net Asset
9.94 B
6.33 B
18.95 B
123.46 M
35.28 B
951.58 M
214.93 B
N/A
Profit Margin
0.0822
0.0518
0.0174
0.19
0.0303
-0.13
0.0303
-0.15
EBITDA
1.88 B
955.58 M
2.34 B
N/A
2.5 B
(12.5 M)
29.17 B
38.06 M
Operating Margin
0.12
0.0881
0.0385
0.24
0.0632
-0.0911
0.0543
0.0882
Current Valuation
35.08 B
13.95 B
18.49 B
925.02 M
26.63 B
1.38 B
124.09 B
51.32 M
Price To Book
5.31
3.97
1.61
12.43
1.35
4.94
1.99
0.16
Retained Earnings
3.15 B
1.95 B
4.36 B
(637.16 M)
12.21 B
(233.8 M)
61.97 B
N/A
Beta
0.98
0.89
1.0
0.21
0.6
0.41
0.63
-0.12
Number Of Employees
257
557
2.4 K
5
1.24 K
378
2.32 K
N/A
Shares Outstanding
12.11 M
70.7 M
135.28 M
118.22 M
25.97 M
10.85 M
177.57 M
10.94 M
Cash Flow From Operations
161.02 M
696.71 M
2.47 B
3.55 M
2.45 B
16.08 M
19.72 B
301.83 M
Annual Yield
0.0035
0.0028
0.007
N/A
0.0039
N/A
N/A
N/A
Total Debt
325.46 M
2.17 B
6.88 B
190.4 M
10.48 B
398.56 M
17.4 B
N/A
Return On Equity
0.23
0.18
0.0549
N/A
0.047
-0.32
0.16
-0.86
Return On Asset
0.11
0.0816
0.0316
N/A
0.0176
-0.0358
0.0681
-3.0E-4
Book Value Per Share
538.95
37.25
52.75
0.18
513.34
24.75
398.12
23.6
Total Asset
9.94 B
6.33 B
18.95 B
123.46 M
35.28 B
951.58 M
214.93 B
N/A
Target Price
37.0
N/A
N/A
N/A
N/A
N/A
949.0
N/A
Shares Owned By Institutions
0.007
N/A
1.3
N/A
2.04
N/A
20.94
N/A
Market Capitalization
34.96 B
11.62 B
11.58 B
839.38 M
19.32 B
1.03 B
147.7 B
62.26 M
Price To Sales
2.15
1.2
0.53
12.69
0.74
1.24
0.51
0.0241
Net Income
1.23 B
580.58 M
383.4 M
(11.77 M)
621.9 M
(103.71 M)
9 B
(409.31 M)
Earnings Per Share
110.82
7.3
2.85
0.03
39.27
-10.31
41.32
-54.0
Shares Owned By Insiders
86.38
78.65
51.36
N/A
49.0
73.6
48.11
71.93
Revenue
14.87 B
9.44 B
21.6 B
103.86 M
25.87 B
835.74 M
294.13 B
2.59 B
Working Capital
3.23 B
2.1 B
(986.6 M)
29.7 M
2.18 B
(147.99 M)
58.61 B
N/A
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
5.26 M
13.08 B
N/A
Gross Profit
2.83 B
2.83 B
6.61 B
N/A
10.63 B
499.32 M
73.32 B
1.4 B
Day Typical Price
26.88
2860.58
165.2
700.42
85.23
0.88
739.7
94.41
831.58
5.53
Accumulation Distribution
0.0026
0.0338
0.0247
N/A
0.0324
0.086
0.0377
0.0337
0.0192
0.0962
Market Facilitation Index
0.07
98.45
4.15
N/A
2.8
0.08
28.35
3.23
16.15
0.55
Daily Balance Of Power
(0.57)
0.2544
0.0819
0.0
0.5357
(0.62)
0.5626
0.2229
0.3498
0.4364
Period Momentum Indicator
(0.04)
25.05
0.34
N/A
1.5
(0.05)
15.95
0.72
5.65
0.24
Rate Of Daily Change
1.0
1.01
1.0
1.0
1.02
0.94
1.02
1.01
1.01
1.04
Day Median Price
26.9
2860.28
165.63
700.42
85.07
0.89
737.68
94.18
831.72
5.45
Price Action Indicator
(0.06)
13.45
(1.11)
N/A
1.23
(0.07)
14.05
1.05
2.4
0.37
Relative Strength Index
60.35
51.09
47.71
N/A
48.31
51.17
50.63
48.53
59.57
36.96
Coefficient Of Variation
852.58
(941.74)
9353.21
N/A
(452.59)
(304.37)
(930.85)
2393.34
4206.74
1452.3
Mean Deviation
0.1144
1.65
3.02
N/A
1.71
3.13
1.76
2.2
1.48
1.63
Jensen Alpha
0.0079
(0.25)
(0.06)
N/A
(0.54)
(1.16)
(0.28)
0.0968
0.0404
0.2423
Total Risk Alpha
(0.02)
(0.57)
(0.59)
N/A
(0.86)
(1.75)
(0.66)
(0.39)
(0.29)
(0.26)
Sortino Ratio
(0.60)
N/A
(0.02)
N/A
N/A
N/A
N/A
0.0034
(0.04)
0.0103
Downside Variance
0.035
N/A
13.86
N/A
N/A
N/A
N/A
5.31
4.48
37.33
Standard Deviation
0.1657
2.12
3.97
N/A
2.25
3.59
2.47
3.32
2.07
2.81
Kurtosis
3.97
0.0284
0.4947
N/A
0.7095
(1.27)
1.78
5.54
2.09
2.18
Potential Upside
0.2606
3.6
6.24
N/A
3.21
4.08
3.02
5.34
3.18
4.92
Treynor Ratio
0.7491
(1.56)
0.0417
N/A
(1.68)
5.2
(22.34)
0.4876
(4.42)
(0.38)
Maximum Drawdown
1.16
9.31
21.64
N/A
11.81
12.29
13.96
19.73
9.18
14.85
Variance
0.0275
4.48
15.76
N/A
5.07
12.87
6.08
11.02
4.3
7.89
Market Risk Adjusted Performance
0.7591
(1.55)
0.0517
N/A
(1.67)
5.21
(22.33)
0.4976
(4.41)
(0.37)
Risk Adjusted Performance
0.0537
(0.08)
0.0163
N/A
(0.16)
(0.24)
(0.08)
0.0397
0.0245
0.0601
Skewness
(0.16)
0.5176
0.1544
N/A
0.1285
0.1704
(0.37)
1.86
0.1339
(0.64)
Semi Deviation
0.0511
N/A
3.5
N/A
N/A
N/A
N/A
2.1
1.98
2.2
Information Ratio
(0.67)
(0.17)
(0.02)
N/A
(0.28)
(0.37)
(0.16)
0.0024
(0.04)
0.0223
Value At Risk
(0.19)
(3.65)
(5.25)
N/A
(4.52)
(5.56)
(3.92)
(3.72)
(3.46)
(5.11)
Expected Short fall
(0.14)
N/A
(3.70)
N/A
N/A
N/A
N/A
(2.93)
(1.53)
(4.32)
Downside Deviation
0.187
N/A
3.72
N/A
N/A
N/A
N/A
2.3
2.12
6.11
Semi Variance
0.0026
N/A
12.28
N/A
N/A
N/A
N/A
4.41
3.9
4.83

Nippon India Competition Performance Charts

Five steps to successful analysis of Nippon India Competition

Nippon India'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 Nippon India Mutual in relation to its competition. Nippon India's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nippon India 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 Nippon India's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nippon India Mutual, 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.

Complement your Nippon India position

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