ENDRA Competitors
| NDRA Stock | USD 3.80 0.20 5.00% |
ENDRA Life vs Bio Green Correlation
Good diversification
The correlation between ENDRA Life Sciences and BGMS is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ENDRA Life Sciences and BGMS in the same portfolio, assuming nothing else is changed.
Moving against ENDRA Stock
ENDRA Life Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ENDRA Life 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 ENDRA 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 ENDRA Life Sciences does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between ENDRA Stock performing well and ENDRA Life 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 ENDRA Life'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BNBX | 5.02 | (1.44) | 0.00 | (0.55) | 0.00 | 11.06 | 46.29 | |||
| VERO | 15.35 | 4.65 | 0.33 | (2.85) | 10.60 | 10.24 | 516.97 | |||
| BBLG | 3.29 | (0.41) | 0.00 | (0.31) | 0.00 | 6.84 | 22.82 | |||
| NAOV | 4.73 | (0.36) | 0.00 | 0.78 | 0.00 | 10.43 | 36.24 | |||
| ISPC | 5.69 | (0.92) | 0.00 | (0.25) | 0.00 | 11.54 | 37.80 | |||
| MOVE | 11.43 | 3.87 | 0.52 | 1.18 | 6.26 | 16.73 | 164.71 | |||
| GCTK | 4.84 | (1.66) | 0.00 | (1.21) | 0.00 | 8.36 | 56.93 | |||
| HSCS | 4.25 | 0.17 | 0.02 | (1.91) | 5.04 | 11.07 | 26.18 | |||
| DHAI | 75.30 | 34.58 | 0.72 | (2.26) | 28.15 | 320.00 | 976.19 | |||
| BGMS | 4.81 | (0.56) | 0.00 | (0.69) | 0.00 | 11.89 | 25.45 |
ENDRA Life Competitive Analysis
The better you understand ENDRA Life competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ENDRA Life'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 ENDRA Life'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 |
ENDRA Life Competition Performance Charts
Five steps to successful analysis of ENDRA Life Competition
ENDRA Life'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 ENDRA Life Sciences in relation to its competition. ENDRA Life's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ENDRA Life 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 ENDRA Life's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ENDRA Life Sciences, 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 ENDRA Life position
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Check out ENDRA Life Correlation with its peers.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Stock 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 ENDRA Life. Anticipated expansion of ENDRA directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive ENDRA Life assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Understanding ENDRA Life Sciences requires distinguishing between market price and book value, where the latter reflects ENDRA's accounting equity. The concept of intrinsic value—what ENDRA Life's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push ENDRA Life's price substantially above or below its fundamental value.
It's important to distinguish between ENDRA Life's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ENDRA Life should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, ENDRA Life's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
