Nippon India Competition

Etfs . India . 
Etf . Nippon India Mutual
MID150BEES   215.31  1.11  0.52%   
  
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nippon India. Your research has to be compared to or analyzed against Nippon India's peers to derive any actionable benefits. When done correctly, Nippon India's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nippon India Mutual.

Nippon India Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nippon India and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Nippon 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 Nippon India Mutual does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.86
CRM
CRM
+ 0.81
T
XOM
+ 0.73
META
JPM
+ 0.7
F
XOM
+ 0.65
CRM
CRM
+ 0.64
META
  
High negative correlations   
MRK
- 0.91
CRM
MRK
- 0.83
JPM
MRK
- 0.79
T
JPM
- 0.6
A
XOM
- 0.56
MRK
MRK
- 0.53
META

Nippon India Competition Risk-Adjusted Indicators

There is a big difference between Nippon Etf performing well and Nippon India ETF 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 Nippon India'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.07  0.07  0.02  0.23  1.41 
(1.14)
 2.62 
(3.15)
 8.02 
MSFT  0.90 (0.04)(0.05) 0.07  1.50 
(0.86)
 2.09 
(1.85)
 8.19 
UBER  1.61 (0.11)(0.04) 0.02  2.32 
(1.70)
 2.69 
(2.53)
 20.10 
F  1.42 (0.15)(0.04) 0.03  2.23 
(1.39)
 2.53 
(2.90)
 11.21 
T  0.92  0.26  0.12 (7.83) 0.86 
(1.06)
 2.56 
(1.72)
 6.47 
A  1.17 (0.09) 0.00 (0.06) 0.00 
 0.00 
 2.71 
(2.42)
 9.02 
CRM  1.31  0.23  0.18  0.34  1.08 
(1.53)
 3.18 
(1.91)
 9.98 
JPM  1.12 (0.04) 0.05  0.11  1.38 
(1.23)
 2.05 
(2.00)
 15.87 
MRK  0.91 (0.24) 0.00 (0.86) 0.00 
 0.00 
 2.00 
(2.13)
 4.89 
XOM  1.00 (0.03)(0.07) 0.06  1.31 
(1.04)
 2.10 
(2.09)
 5.74 
All Fundamental Data

Nippon India Competitive Analysis

The better you understand Nippon India competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nippon India'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 Nippon India'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
MID150BEES KINGFA GTL AGROPHOS INDOAMIN HDFCSENETF RICOAUTO GATECHDVR EXIDEIND COSMOFIRST
 0.52 
 215.31 
Nippon
 4.55 
 3,112 
Kingfa
 0.77 
 12.87 
GTL
 1.67 
 42.74 
Agro
 0.63 
 174.63 
Indo
 0.00 
 700.42 
HDFC
 0.70 
 90.91 
Rico
 4.40 
 0.95 
GACM
 0.97 
 452.60 
Exide
 0.57 
 781.60 
COSMO
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Somewhat reliable
Very steady
Very steady
Very steady
Very steady
Dangerous
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Unknown
Very Small
Very High
Below Average
Very Small
Unknown
Below Average
Very High
Very Small
Very Small
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Sell
Sell
Cautious Hold
Strong Sell
Hold
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Net Asset
9.94 B
2.05 B
987.44 M
6.33 B
18.95 B
123.46 M
181.5 B
35.28 B
Profit Margin
0.0822
1.0
-0.0504
0.0518
0.0174
0.19
0.0491
0.0303
EBITDA
1.87 B
2.45 B
(20.36 M)
936.55 M
2.31 B
N/A
19.11 B
2.5 B
Operating Margin
0.12
0.42
0.0429
0.0881
0.0385
0.24
0.0734
0.0632
Current Valuation
37.78 B
58.24 B
1.15 B
14.71 B
19.18 B
925.02 M
397.48 B
27.68 B
Price To Book
5.77
N/A
1.8
4.21
1.71
12.43
2.78
1.42
Retained Earnings
3.15 B
(79.07 B)
207.28 M
1.95 B
4.36 B
(637.16 M)
120.6 B
12.21 B
Beta
0.98
0.87
1.19
0.89
1.0
0.21
0.69
0.6
Number Of Employees
257
1.55 K
154
557
2.4 K
5
5.15 K
1.24 K
Shares Outstanding
12.11 M
157.3 M
20.27 M
70.7 M
135.28 M
118.22 M
850 M
25.97 M
Cash Flow From Operations
161.02 M
1.75 B
28.18 M
696.71 M
2.47 B
3.55 M
15.31 B
2.45 B
Annual Yield
0.0035
N/A
N/A
0.0028
0.0066
N/A
0.0044
0.0039
Total Debt
325.46 M
57.84 B
287.15 M
2.17 B
6.88 B
190.4 M
11.23 B
10.48 B
Return On Equity
0.23
N/A
-0.11
0.18
0.0549
N/A
0.0639
0.047
Return On Asset
0.11
0.19
-0.0206
0.0816
0.0316
N/A
0.0419
0.0176
Book Value Per Share
538.95
-382.8
23.8
37.25
52.75
0.18
162.59
513.34
Total Asset
9.94 B
2.05 B
987.44 M
6.33 B
18.95 B
123.46 M
181.5 B
35.28 B
Target Price
37.0
484.0
N/A
N/A
N/A
N/A
463.89
N/A
Shares Owned By Institutions
0.007
N/A
N/A
N/A
1.3
N/A
25.37
2.04
Market Capitalization
34.96 B
2.02 B
866.52 M
12.37 B
12.3 B
839.38 M
384.75 B
20.31 B
Price To Sales
2.31
0.93
1.01
1.28
0.56
12.69
2.26
0.78
Net Income
1.23 B
376.1 M
(52.79 M)
580.58 M
383.4 M
(11.77 M)
8.77 B
621.9 M
Earnings Per Share
110.82
10.31
-2.12
7.3
2.85
0.03
9.82
39.24
Shares Owned By Insiders
86.38
25.72
N/A
78.65
51.36
N/A
50.92
49.0
Revenue
14.87 B
2.02 B
1.07 B
9.4 B
21.6 B
103.86 M
167.7 B
25.87 B
Working Capital
3.23 B
(57.66 B)
194.76 M
2.1 B
(986.6 M)
29.7 M
18.04 B
2.18 B
Cash And Equivalents
N/A
11.9 M
N/A
N/A
N/A
N/A
156.7 M
N/A
Gross Profit
2.83 B
947.4 M
415.83 M
2.83 B
6.61 B
N/A
40.67 B
10.63 B
Day Typical Price
215.97
3053.0
12.94
42.52
175.71
700.42
91.05
0.94
452.88
777.55
Accumulation Distribution
0.0246
0.0767
0.0408
0.0377
0.0306
N/A
0.0276
0.0421
0.0284
0.0267
Market Facilitation Index
5.39
241.1
0.54
1.63
5.47
N/A
2.55
0.04
13.05
20.95
Daily Balance Of Power
0.2059
0.5612
(0.19)
0.4294
(0.20)
0.0
(0.25)
1.0
(0.34)
0.2124
Period Momentum Indicator
1.11
135.3
(0.10)
0.7
(1.11)
N/A
(0.64)
0.04
(4.45)
4.45
Rate Of Daily Change
1.01
1.05
0.99
1.02
0.99
1.0
0.99
1.04
0.99
1.01
Day Median Price
216.3
3023.45
12.97
42.42
176.25
700.42
91.13
0.93
453.03
775.53
Price Action Indicator
(0.43)
156.3
(0.15)
0.68
(2.17)
N/A
(0.54)
0.04
(2.65)
8.3
Relative Strength Index
39.61
39.6
43.37
48.27
56.27
N/A
34.48
31.17
32.74
51.33
Coefficient Of Variation
(1,690)
(7,848)
(4,517)
(4,498)
2771.72
N/A
(550.52)
(322.74)
(1,756)
15976.1
Mean Deviation
0.706
1.74
2.68
2.01
2.99
N/A
1.76
3.18
1.7
1.45
Jensen Alpha
(0.13)
(0.06)
(0.24)
(0.15)
0.0289
N/A
(0.51)
(1.18)
(0.1)
(0.03)
Total Risk Alpha
(0.23)
(0.41)
(0.88)
(0.58)
(0.52)
N/A
(0.81)
(1.74)
(0.50)
(0.32)
Sortino Ratio
N/A
N/A
N/A
N/A
9.0E-4
N/A
N/A
N/A
N/A
(0.06)
Downside Variance
N/A
N/A
N/A
N/A
13.87
N/A
N/A
N/A
N/A
3.99
Standard Deviation
0.956
2.22
4.6
3.03
3.91
N/A
2.3
3.62
2.17
1.93
Kurtosis
0.5292
(0.25)
9.94
5.24
0.5457
N/A
0.5083
(1.35)
0.2459
0.5569
Potential Upside
1.38
4.55
6.07
4.73
6.24
N/A
3.36
4.08
3.58
3.0
Treynor Ratio
(0.14)
(0.22)
(0.11)
(0.14)
0.1637
N/A
(0.65)
(2.76)
0.5064
0.0075
Maximum Drawdown
4.38
9.31
26.51
20.41
21.64
N/A
11.81
12.29
10.76
9.76
Variance
0.914
4.93
21.17
9.17
15.26
N/A
5.29
13.12
4.72
3.74
Market Risk Adjusted Performance
(0.13)
(0.21)
(0.10)
(0.13)
0.1737
N/A
(0.64)
(2.75)
0.5164
0.0175
Risk Adjusted Performance
(0.04)
(0)
(0.01)
(0.01)
0.0356
N/A
(0.13)
(0.23)
(0.04)
0.0108
Skewness
(0.63)
0.4378
2.62
1.09
0.0868
N/A
0.0883
0.134
0.2827
0.193
Semi Deviation
N/A
N/A
N/A
N/A
3.54
N/A
N/A
N/A
N/A
1.9
Information Ratio
(0.20)
(0.07)
(0.05)
(0.07)
9.0E-4
N/A
(0.24)
(0.35)
(0.12)
(0.06)
Value At Risk
(1.98)
(3.65)
(5.90)
(4.94)
(5.25)
N/A
(4.52)
(5.56)
(3.09)
(3.76)
Expected Short fall
N/A
N/A
N/A
N/A
(3.43)
N/A
N/A
N/A
N/A
(1.47)
Downside Deviation
N/A
N/A
N/A
N/A
3.72
N/A
N/A
N/A
N/A
2.0
Semi Variance
N/A
N/A
N/A
N/A
12.54
N/A
N/A
N/A
N/A
3.61

Nippon India Competition Performance Charts

Five steps to successful analysis of Nippon India Competition

Nippon India'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 Nippon India Mutual in relation to its competition. Nippon India's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nippon India 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 Nippon India's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nippon India Mutual, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Nippon India position

In addition to having Nippon India 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.

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Defense
Defense Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Defense theme has 16 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 Defense Theme or any other thematic opportunities.
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