Nathans Competitors
| NATH Stock | USD 101.20 0.34 0.33% |
Nathans Famous vs Carvana Correlation
Very good diversification
The correlation between Nathans Famous and CVNA is -0.39 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nathans Famous and CVNA in the same portfolio, assuming nothing else is changed.
Moving against Nathans Stock
| 0.62 | QSR | Restaurant Brands | PairCorr |
| 0.42 | DPZ | Dominos Pizza Common | PairCorr |
| 0.34 | VVA | Viva Leisure Earnings Call This Week | PairCorr |
| 0.33 | SKC | Skycity Entertainment | PairCorr |
| 0.31 | NDLS | Noodles Company | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nathans Famous' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nathans Famous Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nathans Famous 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 Nathans 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 Nathans Famous 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 Nathans Stock performing well and Nathans Famous 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 Nathans Famous' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NKE | 1.71 | (0.06) | 0.00 | (0.01) | 0.00 | 3.88 | 14.43 | |||
| SE | 2.20 | (0.51) | 0.00 | (1.27) | 0.00 | 3.48 | 12.22 | |||
| ABNB | 1.32 | (0.10) | 0.00 | (0.05) | 0.00 | 2.66 | 10.66 | |||
| ORLY | 1.01 | (0.04) | 0.00 | (0.05) | 0.00 | 2.32 | 6.34 | |||
| RCL | 2.30 | 0.18 | 0.08 | 0.12 | 2.34 | 4.85 | 24.81 | |||
| RACE | 1.27 | (0.38) | 0.00 | (0.31) | 0.00 | 1.98 | 7.22 | |||
| MAR | 1.25 | 0.31 | 0.24 | 0.31 | 0.95 | 3.48 | 8.46 | |||
| MELI | 1.72 | (0.23) | 0.00 | (0.13) | 0.00 | 3.52 | 12.41 | |||
| CMG | 1.46 | 0.32 | 0.18 | 2.82 | 1.38 | 4.22 | 9.90 | |||
| CVNA | 2.93 | 0.36 | 0.09 | 0.26 | 3.85 | 6.78 | 26.23 |
Cross Equities Net Income Analysis
Compare Nathans Famous and related stocks such as Nike Inc, Sea, and Airbnb Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NKE | 59.2 M | 2.2 B | 2.5 B | 2.7 B | 3.3 B | 3.8 B | 4.2 B | 1.9 B | 4 B | 2.5 B | 5.7 B | 6 B | 5.1 B | 5.7 B | 3.2 B | 3.7 B | 2 B |
| ABNB | (70 M) | (70 M) | (70 M) | (70 M) | (70 M) | (70 M) | (70 M) | (70 M) | (16.9 M) | (674.3 M) | (4.6 B) | (352 M) | 1.9 B | 4.8 B | 2.6 B | 3 B | 3.2 B |
| ORLY | 8.2 M | 507.7 M | 585.7 M | 670.3 M | 778.2 M | 931.2 M | 1 B | 1.1 B | 1.3 B | 1.4 B | 1.8 B | 2.2 B | 2.2 B | 2.3 B | 2.4 B | 2.5 B | 2.7 B |
| RCL | 4.3 M | 607.4 M | 18.3 M | 473.7 M | 764.1 M | 665.8 M | 1.3 B | 1.6 B | 1.8 B | 1.9 B | (5.8 B) | (5.3 B) | (2.2 B) | 1.7 B | 2.9 B | 4.3 B | 4.5 B |
| MAR | 324 M | 198 M | 571 M | 626 M | 753 M | 859 M | 808 M | 1.5 B | 1.9 B | 1.3 B | (267 M) | 1.1 B | 2.4 B | 3.1 B | 2.4 B | 2.7 B | 2.9 B |
| MELI | (2.5 M) | 76.8 M | 101.2 M | 117.5 M | 72.6 M | 105.8 M | 136.4 M | 13.8 M | (36.6 M) | (172 M) | (1000 K) | 83 M | 482 M | 987 M | 1.9 B | 2.2 B | 2.3 B |
| CMG | (24 M) | 214.9 M | 278 M | 327.4 M | 445.4 M | 475.6 M | 22.9 M | 176.3 M | 176.6 M | 350.2 M | 355.8 M | 653 M | 899.1 M | 1.2 B | 1.5 B | 1.5 B | 1.6 B |
| CVNA | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (15.2 M) | (4 M) | (93.1 M) | (18.3 M) | (61.8 M) | (114.7 M) | (171.1 M) | (135 M) | (1.6 B) | 450 M | 210 M | 189 M | 198.4 M |
Nathans Famous and related stocks such as Nike Inc, Sea, and Airbnb Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Nathans Famous financial statement analysis. It represents the amount of money remaining after all of Nathans Famous operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Nathans Famous Competitive Analysis
The better you understand Nathans Famous competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nathans Famous' 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 Nathans Famous' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Nathans Famous Competition Performance Charts
Five steps to successful analysis of Nathans Famous Competition
Nathans Famous' 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 Nathans Famous in relation to its competition. Nathans Famous' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Nathans Famous 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 Nathans Famous' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nathans Famous, 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 Nathans Famous Correlation with its peers. For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is there potential for Hotels, Restaurants & Leisure market expansion? Will Nathans introduce new products? Factors like these will boost the valuation of Nathans Famous. Anticipated expansion of Nathans directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about Nathans Famous 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 (0.14) | Dividend Share 2 | Earnings Share 5.55 | Revenue Per Share | Quarterly Revenue Growth 0.111 |
The market value of Nathans Famous is measured differently than its book value, which is the value of Nathans that is recorded on the company's balance sheet. Investors also form their own opinion of Nathans Famous' value that differs from its market value or its book value, called intrinsic value, which is Nathans Famous' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Nathans Famous' market value can be influenced by many factors that don't directly affect Nathans Famous' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Nathans Famous' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nathans Famous should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Nathans Famous' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.