Navan Competitors
| NAVN Stock | 10.34 0.45 4.17% |
Navan vs Calix Correlation
Very weak diversification
The correlation between Navan Class A and CALX is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Navan Class A and CALX in the same portfolio, assuming nothing else is changed.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Navan's 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.
Navan Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Navan 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 Navan 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 Navan Class A does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Navan Stock performing well and Navan 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 Navan'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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OS | 2.61 | 0.42 | 0.14 | 0.33 | 2.30 | 5.27 | 29.57 | |||
| VIA | 3.23 | (1.37) | 0.00 | (1.95) | 0.00 | 6.02 | 18.71 | |||
| CLBT | 2.10 | (0.24) | 0.00 | 1.20 | 0.00 | 3.03 | 25.88 | |||
| ZETA | 3.24 | (0.05) | 0.01 | 0.03 | 3.88 | 8.32 | 28.98 | |||
| GBTG | 2.13 | (0.42) | 0.00 | (0.18) | 0.00 | 3.82 | 13.45 | |||
| COMP | 2.26 | 0.71 | 0.38 | 0.97 | 1.45 | 7.28 | 14.23 | |||
| DGNX | 8.25 | (3.33) | 0.00 | 2.45 | 0.00 | 17.74 | 58.12 | |||
| VRNS | 2.10 | (0.31) | 0.00 | (0.26) | 0.00 | 4.40 | 16.73 | |||
| PTRN | 3.37 | (0.34) | 0.00 | (0.12) | 0.00 | 7.93 | 25.95 | |||
| CALX | 2.08 | (0.42) | 0.00 | (0.24) | 0.00 | 3.00 | 21.23 |
Cross Equities Net Income Analysis
Compare Navan Class A and related stocks such as OneStream Class A, Via Transportation, and Cellebrite DI Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OS | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (65.5 M) | (28.9 M) | (216.2 M) | (194.6 M) | (184.9 M) |
| VIA | 3 B | 1.1 B | 26.1 M | 31.4 M | (54 K) | 3.9 M | 14.4 M | 18.9 M | (1.2 M) | 14.2 M | 68.2 M | (4 M) | 11.2 M | (116.7 M) | (90.3 M) | (81.3 M) | (77.2 M) |
| CLBT | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | 5.8 M | 71.4 M | 120.8 M | (81.1 M) | (283 M) | (254.7 M) | (242 M) |
| ZETA | (38.5 M) | (38.5 M) | (38.5 M) | (38.5 M) | (38.5 M) | (38.5 M) | (38.5 M) | (38.5 M) | (38.5 M) | (38.5 M) | (53.2 M) | (249.6 M) | (279.2 M) | (187.5 M) | (69.8 M) | (62.8 M) | (65.9 M) |
| GBTG | 19 M | 19 M | 19 M | 19 M | 19 M | 19 M | 19 M | 19 M | 19 M | 134 M | (614 M) | (467 M) | (25 M) | (63 M) | (138 M) | (124.2 M) | (130.4 M) |
| COMP | (62.5 M) | (62.5 M) | (62.5 M) | (62.5 M) | (62.5 M) | (62.5 M) | (62.5 M) | (64.8 M) | (223.8 M) | (388 M) | (270.2 M) | (494.1 M) | (601.5 M) | (321.3 M) | (154.4 M) | (139 M) | (145.9 M) |
| DGNX | (13 M) | (13 M) | (13 M) | (13 M) | (13 M) | (13 M) | (13 M) | (13 M) | (13 M) | (13 M) | (13 M) | (13 M) | (9.3 M) | (4.9 M) | (5.2 M) | (6 M) | (6.3 M) |
| VRNS | (2.8 M) | (3.8 M) | (4.8 M) | (7.5 M) | (19.4 M) | (21.3 M) | (17.7 M) | (13.8 M) | (28.6 M) | (78.8 M) | (94 M) | (116.9 M) | (124.5 M) | (100.9 M) | (95.8 M) | (86.2 M) | (81.9 M) |
| PTRN | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | (3 M) | 41.3 M | 67.9 M | 78 M | 81.9 M |
| CALX | (24.9 M) | (52.5 M) | (28.3 M) | (17.3 M) | (20.8 M) | (26.3 M) | (27.4 M) | (83 M) | (19.3 M) | (17.7 M) | 33.5 M | 238.4 M | 41 M | 29.3 M | (29.7 M) | 17.9 M | 18.8 M |
Navan Class A and related stocks such as OneStream Class A, Via Transportation, and Cellebrite DI Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Navan Class A financial statement analysis. It represents the amount of money remaining after all of Navan Class A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Navan Competitive Analysis
The better you understand Navan competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Navan'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 Navan'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 |
Navan Competition Performance Charts
Five steps to successful analysis of Navan Competition
Navan'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 Navan Class A in relation to its competition. Navan's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Navan 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 Navan's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Navan Class A, 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.
Complement your Navan position
In addition to having Navan 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.Did You Try This Idea?
Run Video Games Thematic Idea Now
Video Games
Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 24 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 Video Games Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Navan Correlation with its peers. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Will Application Software sector continue expanding? Could Navan diversify its offerings? Factors like these will boost the valuation of Navan. Anticipated expansion of Navan directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Navan data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding Navan Class A requires distinguishing between market price and book value, where the latter reflects Navan's accounting equity. The concept of intrinsic value - what Navan's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Navan's price substantially above or below its fundamental value.
It's important to distinguish between Navan's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Navan should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Navan's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.