Magnitude Competitors
| MAGH Stock | 6.76 0.00 0.00% |
Magnitude International vs Broadwind Energy Correlation
Poor diversification
The correlation between Magnitude International Ltd and BWEN is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Magnitude International Ltd and BWEN in the same portfolio, assuming nothing else is changed.
Moving against Magnitude Stock
| 0.86 | CMWCF | Cromwell Property | PairCorr |
| 0.54 | 89417EAN9 | TRAVELERS INC 405 | PairCorr |
| 0.41 | 53225HAA8 | LIGADO NETWORKS LLC | PairCorr |
| 0.38 | BIGGQ | Big Lots, | PairCorr |
| 0.35 | BKRKF | PT Bank Rakyat Earnings Call This Week | PairCorr |
Magnitude International Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Magnitude International 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 Magnitude 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 Magnitude International 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 Magnitude Stock performing well and Magnitude International 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 Magnitude International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| APT | 1.51 | 0.09 | 0.02 | 0.31 | 1.97 | 3.58 | 8.76 | |||
| RYOJ | 4.13 | (0.63) | 0.00 | (0.64) | 0.00 | 6.42 | 26.08 | |||
| ADSE | 2.36 | (0.05) | 0.00 | (0.05) | 0.00 | 5.22 | 18.67 | |||
| DPRO | 5.61 | (0.39) | 0.00 | (0.05) | 0.00 | 13.03 | 37.73 | |||
| SPCB | 3.38 | (0.38) | 0.00 | (0.18) | 0.00 | 6.59 | 17.61 | |||
| PPSI | 3.71 | (0.29) | 0.00 | (0.02) | 0.00 | 8.30 | 23.29 | |||
| BRIA | 1.76 | 0.20 | 0.06 | 0.71 | 1.94 | 3.89 | 10.82 | |||
| LASE | 5.57 | (2.26) | 0.00 | 2.87 | 0.00 | 7.83 | 41.85 | |||
| HTLM | 4.38 | (0.23) | 0.00 | (0.27) | 0.00 | 9.50 | 33.57 | |||
| BWEN | 5.07 | 0.05 | 0.02 | 0.10 | 7.38 | 11.11 | 51.85 |
Cross Equities Net Income Analysis
Compare Magnitude International and related stocks such as Alpha Pro Tech, rYojbaba, and Ads Tec Energy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APT | (2.1 M) | 933 K | 977 K | 2.1 M | 2.7 M | 1 M | 3.2 M | 2.6 M | 3.6 M | 3 M | 26.9 M | 6.8 M | 3.3 M | 4.2 M | 3.9 M | 4.5 M | 3.5 M |
| RYOJ | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 770.6 K | 1.3 M | 1.5 M | 1.2 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) |
| 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) |
| SPCB | (2 M) | 1 M | 4.8 M | 6.5 M | 6.2 M | 2.7 M | (11.3 M) | (6.7 M) | (15.7 M) | (15.7 M) | (7.9 M) | (10.1 M) | (7.5 M) | (4 M) | 661 K | 594.9 K | 624.6 K |
| 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 |
| BRIA | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.3 M | 3.3 M | 2.8 M | 2.5 M | 3 M |
| LASE | (15.6 K) | (15.6 K) | (15.6 K) | (15.6 K) | (15.6 K) | (15.6 K) | (15.6 K) | (15.6 K) | (15.6 K) | (15.6 K) | 10.6 K | 584.4 K | (2.1 M) | (3.3 M) | (2.5 M) | (2.3 M) | (2.2 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) |
| 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 |
Magnitude International and related stocks such as Alpha Pro Tech, rYojbaba, and Ads Tec Energy Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Magnitude International financial statement analysis. It represents the amount of money remaining after all of Magnitude International Ltd operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Magnitude International Competitive Analysis
The better you understand Magnitude International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Magnitude International'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 Magnitude International'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 |
Magnitude International Competition Performance Charts
Five steps to successful analysis of Magnitude International Competition
Magnitude International'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 Magnitude International in relation to its competition. Magnitude International's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Magnitude International 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 Magnitude International's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Magnitude International, 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 Magnitude International Correlation with its peers. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is there potential for Engineering & Construction market expansion? Will Magnitude introduce new products? Factors like these will boost the valuation of Magnitude International. Expected growth trajectory for Magnitude significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Magnitude International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Investors evaluate Magnitude International using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Magnitude International's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Magnitude International's market price to deviate significantly from intrinsic value.
Understanding that Magnitude International's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Magnitude International represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Magnitude International's market price signifies the transaction level at which participants voluntarily complete trades.