Mastech Competitors
| MHH Stock | USD 6.83 0.06 0.87% |
Mastech Holdings vs XCHG Limited Correlation
Good diversification
The correlation between Mastech Holdings and XCH is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mastech Holdings and XCH in the same portfolio, assuming nothing else is changed.
Moving against Mastech Stock
| 0.4 | NBB | Norman Broadbent Plc | PairCorr |
| 0.39 | JOB | GEE Group | PairCorr |
| 0.38 | HQI | Hirequest | PairCorr |
| 0.37 | KFRC | Kforce Inc | PairCorr |
Mastech Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Mastech 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 Mastech 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 Mastech Holdings 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 Mastech Stock performing well and Mastech 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 Mastech 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DHX | 2.79 | 0.12 | 0.01 | (1.57) | 3.22 | 5.16 | 13.34 | |||
| SUGP | 6.09 | 0.21 | 0.03 | 0.45 | 5.87 | 17.52 | 43.26 | |||
| DLHC | 1.61 | (0.09) | 0.00 | (0.29) | 0.00 | 4.80 | 10.50 | |||
| OPTT | 6.09 | 0.08 | 0.03 | 0.10 | 6.86 | 22.81 | 38.97 | |||
| HOVR | 5.78 | (0.29) | (0.01) | 0.00 | 6.82 | 11.84 | 29.09 | |||
| CBAT | 1.71 | (0.24) | 0.00 | (0.25) | 0.00 | 2.38 | 7.92 | |||
| FLX | 2.98 | 0.16 | 0.03 | 0.26 | 4.02 | 7.94 | 20.73 | |||
| BAER | 3.72 | 0.91 | 0.26 | 0.96 | 2.81 | 10.84 | 22.79 | |||
| FTEK | 3.20 | (1.04) | 0.00 | (0.50) | 0.00 | 6.51 | 17.51 | |||
| XCH | 4.32 | (0.60) | 0.00 | 15.17 | 0.00 | 8.76 | 37.12 |
Cross Equities Net Income Analysis
Compare Mastech Holdings and related stocks such as DHI Group, SU Group Holdings, and DLH Holdings Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DHX | (1.3 M) | 34.1 M | 38.1 M | 16.2 M | 27.6 M | (11 M) | (5.4 M) | 16 M | 7.2 M | 12.6 M | (30 M) | (29.7 M) | 4.2 M | 3.5 M | 253 K | (13.5 M) | (12.8 M) |
| SUGP | 1.6 M | 1.6 M | 1.6 M | 1.6 M | 1.6 M | 1.6 M | 1.6 M | 1.6 M | 1.6 M | 1.6 M | 5.8 M | 7.8 M | 1.2 M | 9.7 M | 10.7 M | 12.3 M | 6.7 M |
| DLHC | 100 K | (2 M) | (159 K) | 5.4 M | 8.7 M | 3.4 M | 3.3 M | 1.8 M | 5.3 M | 7.1 M | 10.1 M | 23.3 M | 1.5 M | 7.4 M | 1.4 M | 1.6 M | 1.6 M |
| OPTT | (820.2 K) | (15.1 M) | (14.7 M) | (11 M) | (13.1 M) | (13.1 M) | (9.5 M) | (10.2 M) | (12.2 M) | (10.4 M) | (15.8 M) | (18.9 M) | (26.3 M) | (27.5 M) | (21.5 M) | (19.4 M) | (20.3 M) |
| HOVR | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.7 M) | (1.2 M) | (6 M) | (8.2 M) | 5.2 M | 5.5 M |
| CBAT | (5 M) | (24.5 M) | (65.8 M) | (116 M) | 37.8 M | 15.9 M | (12.7 M) | (21.5 M) | (1.9 M) | (10.8 M) | (7.8 M) | 61.5 M | (9.4 M) | (2.4 M) | 11.8 M | 13.6 M | 14.2 M |
| FLX | (435.6 M) | (435.6 M) | (435.6 M) | (435.6 M) | (435.6 M) | (435.6 M) | (435.6 M) | (435.6 M) | (435.6 M) | (435.6 M) | (205.7 M) | (291 M) | (180.4 M) | 110.5 M | (146.5 M) | (168.5 M) | (176.9 M) |
| BAER | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (12.2 M) | (6.5 M) | (42.1 M) | (77.4 M) | (15.6 M) | (14 M) | (14.7 M) |
| FTEK | (3 M) | 6.1 M | 2.8 M | 5.1 M | (17.7 M) | (12.4 M) | (17.4 M) | (11 M) | (28 K) | (7.9 M) | (4.3 M) | 54 K | (1.4 M) | (1.5 M) | (1.9 M) | (1.7 M) | (1.8 M) |
| XCH | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | (2.1 M) | 1.6 M | (8.1 M) | (11.9 M) | (10.7 M) | (10.2 M) |
Mastech Holdings and related stocks such as DHI Group, SU Group Holdings, and DLH Holdings Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Mastech Holdings financial statement analysis. It represents the amount of money remaining after all of Mastech Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Mastech Holdings Competitive Analysis
The better you understand Mastech Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Mastech 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 Mastech 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 |
Mastech Holdings Competition Performance Charts
Five steps to successful analysis of Mastech Holdings Competition
Mastech 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 Mastech Holdings in relation to its competition. Mastech Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Mastech 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 Mastech Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Mastech 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.
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Check out Mastech Holdings Correlation with its peers. For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is there potential for Human Resource & Employment Services market expansion? Will Mastech introduce new products? Factors like these will boost the valuation of Mastech Holdings. Expected growth trajectory for Mastech significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Mastech Holdings 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 (0.50) | Earnings Share (0.01) | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets |
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mastech Holdings' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mastech Holdings represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mastech Holdings' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.