Masimo Competitors
| MASI Stock | USD 135.04 0.94 0.70% |
Masimo vs Molina Healthcare Correlation
Very good diversification
The correlation between Masimo and MOH is -0.34 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Masimo and MOH in the same portfolio, assuming nothing else is changed.
Moving together with Masimo Stock
Moving against Masimo Stock
| 0.7 | QIPT | Quipt Home Medical | PairCorr |
| 0.59 | 4DX | 4DMEDICAL | PairCorr |
| 0.58 | VMD | Viemed Healthcare | PairCorr |
| 0.32 | XTNT | Xtant Medical Holdings | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Masimo'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.
Masimo Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Masimo 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 Masimo 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 Masimo 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 Masimo Stock performing well and Masimo 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 Masimo'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AVTR | 1.82 | (0.35) | 0.00 | (0.15) | 0.00 | 3.75 | 13.43 | |||
| ATR | 1.11 | 0.21 | 0.15 | 0.33 | 1.08 | 2.93 | 8.15 | |||
| BAX | 1.55 | 0.24 | 0.13 | 0.35 | 1.48 | 3.50 | 9.48 | |||
| ABVX | 3.20 | 0.33 | 0.07 | 2.28 | 3.39 | 6.94 | 29.38 | |||
| BIO | 1.29 | (0.17) | 0.00 | (0.05) | 0.00 | 3.02 | 8.43 | |||
| HSIC | 1.18 | 0.16 | 0.10 | 0.30 | 1.26 | 2.63 | 6.00 | |||
| RGEN | 1.68 | (0.19) | 0.00 | (0.03) | 0.00 | 3.10 | 10.06 | |||
| STVN | 2.41 | (0.87) | 0.00 | (0.26) | 0.00 | 4.69 | 15.63 | |||
| RYTM | 2.38 | (0.05) | (0.02) | 0.04 | 2.83 | 4.76 | 18.69 | |||
| MOH | 2.26 | (0.15) | 0.00 | 0.40 | 0.00 | 3.97 | 30.76 |
Cross Equities Net Income Analysis
Compare Masimo and related stocks such as Avantor, AptarGroup, and Baxter International Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AVTR | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | 21.6 M | (42.4 M) | (112.7 M) | (86.9 M) | 37.8 M | 116.6 M | 572.6 M | 686.5 M | 321.1 M | 711.5 M | 818.2 M | 859.1 M |
| ATR | 19.5 M | 183.7 M | 162.6 M | 172 M | 191.7 M | 199.3 M | 205.6 M | 220 M | 194.7 M | 242.2 M | 214 M | 244.1 M | 239.3 M | 284.5 M | 374.5 M | 392.8 M | 412.4 M |
| BAX | 137 M | 2.2 B | 2.3 B | 2 B | 2.5 B | 968 M | 5 B | 602 M | 1.5 B | 1 B | 1.1 B | 1.3 B | (2.4 B) | 2.7 B | (649 M) | (746.4 M) | (709 M) |
| ABVX | (5.9 M) | (5.9 M) | (5.9 M) | (5.9 M) | (5.1 M) | (16 M) | (14.3 M) | (11.2 M) | (15.8 M) | (30.6 M) | (37.6 M) | (42.5 M) | (60.7 M) | (147.7 M) | (176.2 M) | (158.6 M) | (150.7 M) |
| BIO | 4.3 M | 178.2 M | 169.2 M | 77.8 M | 88.8 M | 113.1 M | 28.1 M | 114.7 M | 361 M | 1.8 B | 3.8 B | 4.3 B | (3.6 B) | (637.3 M) | (1.8 B) | (2.1 B) | (2 B) |
| HSIC | (10.9 M) | 367.7 M | 388.1 M | 444.1 M | 466.1 M | 479.1 M | 506.8 M | 406.3 M | 535.9 M | 508 M | 402.2 M | 623.9 M | 538 M | 416 M | 390 M | 448.5 M | 301.7 M |
| RGEN | (1.4 M) | (1.6 B) | 14.2 M | 16.1 M | 8.2 M | 9.3 M | 11.7 M | 28.4 M | 16.6 M | 21.4 M | 59.9 M | 128.3 M | 186 M | 41.6 M | (25.5 M) | (23 M) | (24.1 M) |
| STVN | 39.2 M | 39.2 M | 39.2 M | 39.2 M | 39.2 M | 39.2 M | 39.2 M | 39.2 M | 39.2 M | 39.2 M | 78.5 M | 134.3 M | 142.8 M | 145.6 M | 117.8 M | 135.4 M | 120.7 M |
| RYTM | (18.1 M) | (18.1 M) | (18.1 M) | (21.4 M) | (6.5 M) | (11.1 M) | (25.9 M) | (33.7 M) | (74.1 M) | (134.6 M) | (130.7 M) | (68 M) | (181.1 M) | (184.7 M) | (260.6 M) | (234.5 M) | (222.8 M) |
| MOH | 9.5 M | 20.8 M | 9.8 M | 52.9 M | 62.2 M | 143 M | 8 M | (512 M) | 707 M | 737 M | 673 M | 659 M | 792 M | 1.1 B | 1.2 B | 472 M | 267.2 M |
Masimo and related stocks such as Avantor, AptarGroup, and Baxter International Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Masimo financial statement analysis. It represents the amount of money remaining after all of Masimo operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Masimo Competitive Analysis
The better you understand Masimo competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Masimo'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 Masimo'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 |
Masimo Competition Performance Charts
Five steps to successful analysis of Masimo Competition
Masimo'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 Masimo in relation to its competition. Masimo's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Masimo 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 Masimo's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Masimo, 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 Masimo Correlation with its peers. For more detail on how to invest in Masimo Stock please use our How to Invest in Masimo guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is there potential for Health Care Equipment & Supplies market expansion? Will Masimo introduce new products? Factors like these will boost the valuation of Masimo. Expected growth trajectory for Masimo significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Masimo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.144 | Earnings Share (4.55) | Revenue Per Share | Quarterly Revenue Growth 0.082 | Return On Assets |
Investors evaluate Masimo using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Masimo'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 Masimo's market price to deviate significantly from intrinsic value.
Understanding that Masimo's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Masimo represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Masimo's market price signifies the transaction level at which participants voluntarily complete trades.