Mohawk Competitors
| MHK Stock | USD 136.90 4.76 3.60% |
Mohawk Industries vs CarMax Correlation
Very poor diversification
The correlation between Mohawk Industries and KMX is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mohawk Industries and KMX in the same portfolio, assuming nothing else is changed.
Moving together with Mohawk Stock
Moving against Mohawk Stock
| 0.85 | MSFT | Microsoft Sell-off Trend | PairCorr |
| 0.71 | HPQ | HP Inc Aggressive Push | PairCorr |
| 0.32 | KG | Kestrel Group Symbol Change | PairCorr |
Mohawk Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Mohawk Industries 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 Mohawk 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 Mohawk Industries 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 Mohawk Stock performing well and Mohawk Industries 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 Mohawk Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CHDN | 1.13 | (0.05) | 0.00 | (0.15) | 0.00 | 2.46 | 8.26 | |||
| MUSA | 1.45 | (0.03) | (0.03) | 0.01 | 2.61 | 2.90 | 14.00 | |||
| FND | 2.27 | 0.08 | 0.06 | 0.12 | 2.54 | 4.60 | 13.62 | |||
| HRB | 1.57 | (0.67) | 0.00 | (1.48) | 0.00 | 1.90 | 10.41 | |||
| ALSN | 1.21 | 0.47 | 0.38 | 0.59 | 0.67 | 3.31 | 7.29 | |||
| BIRK | 2.06 | (0.05) | (0.01) | 0.04 | 2.91 | 4.30 | 16.78 | |||
| MNSO | 1.41 | (0.22) | 0.00 | (0.22) | 0.00 | 3.59 | 9.84 | |||
| LNW | 1.62 | 0.27 | 0.09 | (0.80) | 1.62 | 3.55 | 14.31 | |||
| IBP | 2.03 | 0.37 | 0.21 | 0.31 | 1.74 | 6.20 | 13.12 | |||
| KMX | 2.36 | 0.10 | 0.03 | 0.13 | 5.19 | 5.33 | 24.33 |
Cross Equities Net Income Analysis
Compare Mohawk Industries and related stocks such as Churchill Downs, Murphy USA, and Floor Decor Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHDN | 5.9 M | 64.4 M | 58.3 M | 54.9 M | 46.4 M | 65.2 M | 108.1 M | 140.5 M | 352.8 M | 137.5 M | (81.9 M) | 249.1 M | 439.4 M | 417.3 M | 426.8 M | 490.8 M | 515.4 M |
| MUSA | 157.4 M | 324 M | 83.6 M | 235 M | 243.9 M | 176.3 M | 221.5 M | 245.3 M | 213.6 M | 154.8 M | 386.1 M | 396.9 M | 672.9 M | 556.8 M | 502.5 M | 470.6 M | 346.6 M |
| FND | 7.5 M | 7.5 M | 12.8 M | 11.1 M | 15.1 M | 26.8 M | 43 M | 102.8 M | 116.2 M | 150.6 M | 195 M | 283.2 M | 298.2 M | 246 M | 205.9 M | 236.8 M | 134.7 M |
| HRB | 60.1 M | 265.9 M | 433.9 M | 475.2 M | 473.7 M | 374.3 M | 408.9 M | 613.1 M | 422.5 M | (7.5 M) | 553.7 M | 553.7 M | 553.7 M | 595.3 M | 605.8 M | 696.6 M | 731.5 M |
| ALSN | 29.6 M | 103 M | 514.2 M | 165.4 M | 228.6 M | 182 M | 215 M | 504 M | 639 M | 604 M | 299 M | 442 M | 531 M | 673 M | 731 M | 840.6 M | 429.8 M |
| BIRK | (106.2 M) | (106.2 M) | (106.2 M) | (106.2 M) | (106.2 M) | (106.2 M) | (106.2 M) | (106.2 M) | (106.2 M) | (106.2 M) | 116.4 M | 187.1 M | 75 M | 191.6 M | 348.3 M | 400.6 M | 420.6 M |
| MNSO | (290.6 M) | (290.6 M) | (290.6 M) | (290.6 M) | (290.6 M) | (290.6 M) | (290.6 M) | (290.6 M) | (290.6 M) | (262.3 M) | (1.4 B) | (1.4 B) | 638.2 M | 2.3 B | 2.6 B | 3 B | 3.2 B |
| IBP | (9 M) | (9 M) | (1.9 M) | 6 M | 13.9 M | 26.5 M | 38.4 M | 41.1 M | 54.7 M | 68.2 M | 97.2 M | 118.8 M | 223.4 M | 243.7 M | 256.6 M | 295.1 M | 309.8 M |
| KMX | (9.3 M) | 434.3 M | 434.3 M | 492.6 M | 597.4 M | 627 M | 627 M | 664.1 M | 842.4 M | 746.9 M | 746.9 M | 1.2 B | 484.8 M | 500.6 M | 500.6 M | 479.2 M | 401.7 M |
Mohawk Industries and related stocks such as Churchill Downs, Murphy USA, and Floor Decor Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Mohawk Industries financial statement analysis. It represents the amount of money remaining after all of Mohawk Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Mohawk Industries Competitive Analysis
The better you understand Mohawk Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Mohawk Industries' 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 Mohawk Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Mohawk Industries Competition Performance Charts
Five steps to successful analysis of Mohawk Industries Competition
Mohawk Industries' 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 Mohawk Industries in relation to its competition. Mohawk Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Mohawk Industries 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 Mohawk Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Mohawk Industries, 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 Mohawk Industries Correlation with its peers. For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mohawk Industries. Expected growth trajectory for Mohawk significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Mohawk Industries assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.31) | Earnings Share 6.73 | Revenue Per Share | Quarterly Revenue Growth 0.014 | Return On Assets |
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mohawk Industries' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mohawk Industries represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mohawk Industries' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.