Lightwave Competitors
| LWLG Stock | USD 3.57 0.22 6.57% |
Lightwave Logic vs Sensient Technologies Correlation
Very good diversification
The correlation between Lightwave Logic and SXT is -0.24 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lightwave Logic and SXT in the same portfolio, assuming nothing else is changed.
Moving together with Lightwave Stock
Moving against Lightwave Stock
| 0.59 | ASH | Ashland Global Holdings | PairCorr |
| 0.53 | PPG | PPG Industries | PairCorr |
| 0.51 | SCL | Stepan Company | PairCorr |
| 0.5 | ALB | Albemarle Corp Earnings Call Today | PairCorr |
| 0.48 | 7YC | Synthomer plc | PairCorr |
Lightwave Logic Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Lightwave Logic 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 Lightwave 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 Lightwave Logic 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 Lightwave Stock performing well and Lightwave Logic 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 Lightwave Logic'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FUL | 1.37 | 0.13 | 0.09 | 0.20 | 1.38 | 3.51 | 8.23 | |||
| HWKN | 1.68 | 0.11 | 0.04 | 0.17 | 2.58 | 3.56 | 14.80 | |||
| WDFC | 1.34 | 0.31 | 0.10 | (1.59) | 1.75 | 3.03 | 10.75 | |||
| CBT | 1.51 | 0.28 | 0.17 | 0.35 | 1.35 | 4.36 | 13.59 | |||
| CENX | 3.20 | 0.86 | 0.22 | 0.64 | 3.54 | 7.06 | 27.76 | |||
| PRM | 1.44 | 0.05 | 0.03 | 0.13 | 1.98 | 2.98 | 10.14 | |||
| OLN | 2.72 | 0.29 | 0.14 | 0.20 | 2.73 | 6.07 | 18.93 | |||
| MEOH | 1.79 | 0.36 | 0.17 | 0.36 | 1.76 | 3.94 | 14.67 | |||
| SXT | 1.24 | 0.04 | 0.01 | 0.13 | 1.58 | 2.72 | 6.99 |
Cross Equities Net Income Analysis
Compare Lightwave Logic and related stocks such as H B Fuller, Hawkins, and WD 40 Company Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| WDFC | 9.4 M | 35.5 M | 39.8 M | 43.7 M | 44.8 M | 52.6 M | 52.9 M | 65.2 M | 55.9 M | 60.7 M | 70.2 M | 67.3 M | 66 M | 69.6 M | 91 M | 104.6 M | 109.9 M |
| CBT | 58.6 M | 389 M | 155 M | 201 M | (331 M) | 149 M | 241 M | (113 M) | 157 M | (238 M) | 250 M | 209 M | 445 M | 380 M | 331 M | 380.6 M | 399.7 M |
| CENX | 16.5 M | 11.3 M | (35.6 M) | (40.3 M) | 112.5 M | (47.7 M) | (252.4 M) | 48.6 M | (66.2 M) | (80.8 M) | (123.3 M) | (167.1 M) | (14.1 M) | (43.1 M) | 336.8 M | 387.3 M | 406.7 M |
| PRM | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | 24.2 M | (661.5 M) | 91.8 M | 67.5 M | (5.9 M) | (6.8 M) | (7.1 M) |
| OLN | (165.3 M) | 241.7 M | 149.6 M | 178.6 M | 105.7 M | (1.4 M) | (3.9 M) | 549.5 M | 327.9 M | (11.3 M) | (969.9 M) | 1.3 B | 1.3 B | 460.2 M | 108.6 M | (42.8 M) | (40.7 M) |
| MEOH | (8.6 M) | 201.3 M | (68.1 M) | 329.2 M | 454.6 M | 200.6 M | (12.5 M) | 316.1 M | 569 M | 89.8 M | (156.7 M) | 482.4 M | 353.8 M | 174.1 M | 164 M | 188.6 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 |
Lightwave Logic and related stocks such as H B Fuller, Hawkins, and WD 40 Company Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Lightwave Logic financial statement analysis. It represents the amount of money remaining after all of Lightwave Logic operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Lightwave Logic Competitive Analysis
The better you understand Lightwave Logic competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Lightwave Logic'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 Lightwave Logic'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 |
Lightwave Logic Competition Performance Charts
Five steps to successful analysis of Lightwave Logic Competition
Lightwave Logic'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 Lightwave Logic in relation to its competition. Lightwave Logic's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Lightwave Logic 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 Lightwave Logic's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Lightwave Logic, 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 Lightwave Logic Correlation with its peers. For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Can Specialty Chemicals industry sustain growth momentum? Does Lightwave have expansion opportunities? Factors like these will boost the valuation of Lightwave Logic. Expected growth trajectory for Lightwave significantly influences the price investors are willing to assign. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Lightwave Logic demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (0.18) | Revenue Per Share | Quarterly Revenue Growth 0.273 | Return On Assets | Return On Equity |
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Lightwave Logic's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Lightwave Logic represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Lightwave Logic's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.