Compare MNA to First, Aquagold, Morningstar, High-yield, Thrivent, Sparta

Comparing MNA to First, Aquagold, Morningstar, High-yield, Thrivent, Sparta can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.
Specify up to 10 symbols:

Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
LBHIX
+ 0.69
MSTSX
MSTSX
+ 0.61
FTLS
LBHIX
+ 0.6
ABHYX
MSTSX
+ 0.58
MNA
LBHIX
+ 0.56
MNA
ABHYX
+ 0.48
MNA
  
High negative correlations   
SCAXF
- 0.49
FTLS
SCAXF
- 0.24
LBHIX
ABHYX
- 0.14
FTLS
SCAXF
- 0.02
ABHYX
SCAXF
- 0.0
AQUI
LBHIX
- 0.0
AQUI

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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.
All Fundamental Data

Competitive Analysis

    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MNA FTLS AQUI MSTSX ABHYX LBHIX SCAXF
 0.06 
 32.80 
MNA
 0.06 
 65.63 
First
 0.00 
 0.01 
Aquagold
 0.43 
 11.73 
Morningstar
 0.11 
 8.95 
High-yield
 0.24 
 4.25 
Thrivent
 23.47 
 0.01 
Sparta
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Market Performance
(90 Days Performance)
Insignificant
OK
Very Weak
Insignificant
Insignificant
Good
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Average
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Hold
Strong Sell
Strong Hold
Cautious Hold
Strong Sell
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.62 X
Net Asset
552.12 M
483.17 M
3.19 K
116.1 M
672.37 M
674.44 M
3.06 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
(0.10) %
EBITDA
N/A
N/A
(727.69 K)
N/A
N/A
N/A
(21.53 K)
Price To Book
2.59 X
2.26 X
N/A
N/A
N/A
1.58 X
34.42 X
Current Valuation
N/A
N/A
912.76 K
N/A
N/A
N/A
5.73 M
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
(0.15) %
Five Year Return
0.60 %
10.20 %
N/A
8.60 %
1.68 %
3.31 %
N/A
Retained Earnings
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
One Year Return
6.70 %
20.50 %
N/A
19.87 %
12.10 %
11.68 %
N/A
Beta
0.1
0.5
7.05
N/A
N/A
N/A
1.75
Equity Positions Weight
92.02 %
59.19 %
N/A
61.63 %
N/A
0.07 %
N/A
Number Of Employees
148
312
7
1
1
1
8
Cash Position Weight
N/A
N/A
N/A
14.28 %
0.10 %
6.56 %
N/A
Shares Outstanding
N/A
N/A
965.83 K
N/A
N/A
N/A
233.95 M
Three Year Return
0.80 %
9.70 %
N/A
7.00 %
(0.71) %
2.59 %
N/A
Cash Flow From Operations
N/A
N/A
(218.19 K)
N/A
N/A
N/A
210.37 K
Annual Yield
N/A
N/A
N/A
0.02 %
0 %
0.06 %
N/A
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
125 K
Bond Positions Weight
0.10 %
N/A
N/A
22.72 %
2.00 %
92.23 %
N/A
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
37.6
Holdings Turnover
N/A
N/A
N/A
269.00 %
N/A
N/A
N/A
Return On Asset
N/A
N/A
-5.5
N/A
N/A
N/A
-0.21
Book Value Per Share
N/A
N/A
(1.19) X
N/A
N/A
N/A
(0) X
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
2 K
N/A
Current Liabilities
N/A
N/A
794 K
N/A
N/A
N/A
N/A
Total Asset
552.12 M
483.17 M
3.19 K
215.11 M
243.16 M
347.66 M
3.06 M
Last Dividend Paid
N/A
0.045
N/A
N/A
0.03
0.02
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
101.00 %
Market Capitalization
N/A
N/A
96.58 K
50.36 M
N/A
N/A
7.72 M
Price To Earning
22.70 X
17.44 X
(0.22) X
N/A
N/A
35.48 X
19.55 X
Price To Sales
1.38 X
1.14 X
N/A
N/A
N/A
1.23 X
0.63 X
Net Income
N/A
N/A
(627.79 K)
N/A
N/A
N/A
(609.44 K)
Earnings Per Share
N/A
N/A
(0.63) X
N/A
N/A
N/A
(0) X
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
9.51 %
Year To Date Return
N/A
N/A
N/A
13.69 %
5.77 %
6.69 %
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
5.19 M
Ten Year Return
2.10 %
8.60 %
N/A
N/A
4.84 %
6.00 %
N/A
Working Capital
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
1.15 K
N/A
N/A
N/A
909.32 K
Gross Profit
N/A
N/A
(143.88 K)
N/A
N/A
N/A
3.68 M
Day Typical Price
32.79
65.69
0.006
11.73
8.95
4.25
0.015
Accumulation Distribution
0.0037
0.0049
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
0.12
0.32
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
0.1667
0.125
0.0
9.2 T
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
Period Momentum Indicator
0.02
0.04
N/A
0.05
(0.01)
0.01
(0)
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
0.77
Day Median Price
32.78
65.72
0.006
11.73
8.95
4.25
0.015
Price Action Indicator
0.03
(0.07)
N/A
0.025
(0.01)
0.005
(0)
Relative Strength Index
12.09
27.24
N/A
13.35
50.42
11.7
N/A
Coefficient Of Variation
1522.17
990.81
N/A
1372.45
2326.43
583.8
(812.40)
Mean Deviation
0.1342
0.4523
N/A
0.4952
0.1645
0.1099
0.7004
Jensen Alpha
(0.01)
(0.02)
N/A
(0.04)
(0)
0.0182
(0.41)
Total Risk Alpha
(0.03)
(0.04)
N/A
(0.06)
(0.04)
(0.01)
(0.82)
Sortino Ratio
(0.60)
(0.12)
N/A
(0.13)
(0.25)
(0.41)
N/A
Downside Variance
0.0401
0.3544
N/A
0.4204
0.2181
0.0625
N/A
Standard Deviation
0.1716
0.5882
N/A
0.6394
0.2862
0.1689
2.89
Kurtosis
0.3765
1.24
N/A
(0)
8.65
3.69
66.0
Potential Upside
0.2147
1.01
N/A
1.21
0.3382
0.2381
N/A
Treynor Ratio
0.0134
0.0915
N/A
0.0585
0.0513
2.96
(0.99)
Maximum Drawdown
0.8217
3.05
N/A
2.8
1.91
0.9552
23.47
Variance
0.0294
0.346
N/A
0.4088
0.0819
0.0285
8.35
Market Risk Adjusted Performance
0.0234
0.1015
N/A
0.0685
0.0613
2.97
(0.98)
Risk Adjusted Performance
0.0157
0.0744
N/A
0.0539
0.0162
0.096
(0.09)
Skewness
(0.38)
(0.19)
N/A
0.1122
(1.71)
1.16
(8.12)
Semi Deviation
0.1325
0.5299
N/A
0.5171
0.2592
0.0
N/A
Information Ratio
(0.70)
(0.12)
N/A
(0.13)
(0.41)
(0.60)
(0.17)
Value At Risk
(0.24)
(0.87)
N/A
(1.02)
(0.33)
(0.24)
N/A
Expected Short fall
(0.15)
(0.47)
N/A
(0.61)
(0.24)
(0.29)
N/A
Downside Deviation
0.2002
0.5953
N/A
0.6484
0.467
0.25
N/A
Semi Variance
0.0175
0.2808
N/A
0.2674
0.0672
(0.02)
N/A

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.
Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Investing Ideas

You can quickly originate your optimal portfoio 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
Check out your portfolio center.
Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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