Megan Competitors
| MGN Stock | 1.90 0.01 0.53% |
Megan Holdings vs ParaZero Technologies Correlation
Modest diversification
The correlation between Megan Holdings Limited and PRZO is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Megan Holdings Limited and PRZO in the same portfolio, assuming nothing else is changed.
Moving against Megan Stock
| 0.45 | NVDA | NVIDIA Aggressive Push | PairCorr |
Megan Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Megan Holdings 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 Megan 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 Megan Holdings does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Megan Stock performing well and Megan Holdings 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 Megan Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MSW | 7.08 | (0.92) | 0.00 | 17.29 | 0.00 | 13.27 | 44.28 | |||
| WXM | 5.86 | (1.18) | 0.00 | (1.11) | 0.00 | 11.11 | 30.77 | |||
| TRSG | 2.72 | (0.25) | 0.00 | (0.76) | 0.00 | 6.90 | 18.25 | |||
| BTOC | 3.25 | (0.38) | 0.00 | (0.24) | 0.00 | 6.35 | 20.70 | |||
| GLBS | 2.93 | 0.69 | 0.13 | (55.42) | 2.81 | 12.58 | 26.30 | |||
| BURU | 5.37 | (1.10) | 0.00 | (0.54) | 0.00 | 8.70 | 41.67 | |||
| SGRP | 1.58 | (0.51) | 0.00 | (0.77) | 0.00 | 2.33 | 16.07 | |||
| RVSN | 6.89 | (1.65) | 0.00 | (3.50) | 0.00 | 11.69 | 112.93 | |||
| LIQT | 3.93 | (0.54) | 0.00 | (0.87) | 0.00 | 8.11 | 21.94 | |||
| PRZO | 6.09 | (0.21) | (0.01) | 0.00 | 6.45 | 11.76 | 57.11 |
Cross Equities Net Income Analysis
Compare Megan Holdings and related stocks such as Ming Shing Group, WF International, and Tungray Technologies Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MSW | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.8 M | 2.8 M | 2.3 M | (5.7 M) | (5.2 M) | (4.9 M) |
| WXM | 272.5 K | 272.5 K | 272.5 K | 272.5 K | 272.5 K | 272.5 K | 272.5 K | 272.5 K | 272.5 K | 272.5 K | 272.5 K | (4.2 K) | 1.5 M | 962.7 K | (3.3 M) | (3 M) | (2.8 M) |
| TRSG | 886.6 K | 886.6 K | 886.6 K | 886.6 K | 886.6 K | 886.6 K | 886.6 K | 886.6 K | 886.6 K | 886.6 K | 886.6 K | 3.1 M | 2.1 M | 915.4 K | (480 K) | (432 K) | (410.4 K) |
| BTOC | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 2 M | 13.9 M | 7.4 M | (15.3 M) | (13.8 M) | (13.1 M) |
| GLBS | 42.8 M | 6.9 M | (82.8 M) | 5.7 M | 3.2 M | (32.4 M) | (9.8 M) | (6.5 M) | (3.6 M) | (36.4 M) | (17.4 M) | 14.9 M | 24.3 M | 5.3 M | 431 K | 495.6 K | 520.4 K |
| BURU | (11 M) | (11 M) | (11 M) | (11 M) | (11 M) | (11 M) | (11 M) | (11 M) | (11 M) | (11 M) | (11 M) | (9.4 M) | (14.1 M) | (20.7 M) | (34.5 M) | (31.1 M) | (29.5 M) |
| SGRP | 3.5 M | 2.2 M | 2.9 M | 3.4 M | 3.3 M | 892 K | 173 K | (923 K) | (1.6 M) | 2.4 M | 3.4 M | (1.8 M) | (732 K) | 639 K | (3.9 M) | (4.5 M) | (4.3 M) |
| RVSN | (887 K) | (887 K) | (887 K) | (887 K) | (887 K) | (887 K) | (887 K) | (3.8 M) | (10 M) | (10 M) | (10.7 M) | (9.6 M) | (10.5 M) | (11.1 M) | (30.7 M) | (27.6 M) | (26.3 M) |
| LIQT | (15 K) | 917.2 K | (2.8 M) | (4.8 M) | (3.1 M) | (2.2 M) | (16.4 M) | (4.5 M) | (3.8 M) | 39.6 K | (9.8 M) | (11.1 M) | (14.2 M) | (8.6 M) | (10.3 M) | (9.3 M) | (8.8 M) |
| PRZO | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (615.4 K) | (1.7 M) | (3.8 M) | (11.1 M) | (9.9 M) | (9.5 M) |
Megan Holdings and related stocks such as Ming Shing Group, WF International, and Tungray Technologies Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Megan Holdings financial statement analysis. It represents the amount of money remaining after all of Megan Holdings Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Megan Holdings Competitive Analysis
The better you understand Megan Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Megan Holdings' 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 Megan Holdings' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Megan Holdings Competition Performance Charts
Five steps to successful analysis of Megan Holdings Competition
Megan Holdings' 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 Megan Holdings in relation to its competition. Megan Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Megan Holdings 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 Megan Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Megan Holdings, 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.
Complement your Megan Holdings position
In addition to having Megan Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Treasury ETFs Thematic Idea Now
Treasury ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Treasury ETFs theme has 131 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Treasury ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Megan Holdings Correlation with its peers. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Will Engineering & Construction sector continue expanding? Could Megan diversify its offerings? Factors like these will boost the valuation of Megan Holdings. Expected growth trajectory for Megan significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Megan Holdings data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate Megan Holdings using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Megan Holdings' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Megan Holdings' market price to deviate significantly from intrinsic value.
Understanding that Megan Holdings' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Megan Holdings represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Megan Holdings' market price signifies the transaction level at which participants voluntarily complete trades.