National Competitors
| NPK Stock | USD 129.18 1.40 1.07% |
National Presto vs Nordic American Correlation
Poor diversification
The correlation between National Presto Industries and NAT is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding National Presto Industries and NAT in the same portfolio, assuming nothing else is changed.
Moving together with National Stock
| 0.88 | BA | Boeing | PairCorr |
| 0.73 | GD | General Dynamics | PairCorr |
| 0.8 | VOYG | Voyager Technologies | PairCorr |
| 0.92 | AIR | AAR Corp | PairCorr |
| 0.72 | FLY | Firefly Aerospace Common | PairCorr |
Moving against National Stock
| 0.83 | PBCRY | Bank Central Asia | PairCorr |
| 0.68 | PBCRF | PT Bank Central | PairCorr |
| 0.36 | NVNIW | Nvni Group Limited | PairCorr |
National Presto Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between National Presto 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 National 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 National Presto Indu 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 National Stock performing well and National Presto 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 National Presto'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SKYH | 1.76 | (0.27) | 0.00 | (0.08) | 0.00 | 3.67 | 12.01 | |||
| APOG | 1.67 | 0.18 | 0.07 | 0.22 | 2.82 | 4.38 | 17.55 | |||
| GLDD | 1.79 | 0.24 | 0.15 | 0.26 | 1.74 | 3.11 | 16.08 | |||
| CRESY | 1.88 | 0.18 | 0.08 | 0.38 | 1.77 | 4.73 | 13.61 | |||
| RGR | 1.82 | (0.18) | 0.00 | (0.07) | 0.00 | 3.05 | 24.96 | |||
| EH | 2.10 | (0.60) | 0.00 | (0.33) | 0.00 | 5.77 | 17.58 | |||
| VLRS | 2.29 | 0.65 | 0.35 | 0.50 | 1.49 | 6.68 | 19.39 | |||
| SERV | 4.80 | (0.13) | 0.00 | (0.27) | 0.00 | 13.97 | 28.21 | |||
| WLFC | 2.28 | 0.73 | 0.30 | 0.64 | 2.07 | 5.67 | 11.05 | |||
| NAT | 1.31 | 0.37 | 0.16 | (1.40) | 1.16 | 2.79 | 10.94 |
Cross Equities Net Income Analysis
Compare National Presto Indu and related stocks such as Sky Harbour Group, Apogee Enterprises, and Great Lakes Dredge Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SKYH | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2.5 M) | 9 M | (3.2 M) | (16.2 M) | (45.2 M) | (40.7 M) | (38.7 M) |
| APOG | 8.2 M | 19.1 M | 19.1 M | 28 M | 50.5 M | 85.8 M | 85.8 M | 79.5 M | 45.7 M | 15.4 M | 15.4 M | 3.5 M | 104.1 M | 85.1 M | 85.1 M | 99.6 M | 104.6 M |
| GLDD | 7.3 M | 16.5 M | (2.7 M) | (34.4 M) | 10.3 M | (6.2 M) | (8.2 M) | (31.3 M) | (6.3 M) | 49.3 M | 66.1 M | 49.4 M | (34.1 M) | 13.9 M | 57.3 M | 65.9 M | 69.1 M |
| CRESY | 18.9 M | (21.3 M) | (26.9 M) | (1.1 B) | 954 M | 5.2 B | (624 M) | 6.1 B | (40.2 B) | 9.7 B | (44.4 B) | 297.1 B | 163 B | 78.5 B | 96.1 B | 110.6 B | 116.1 B |
| RGR | 9.6 M | 40 M | 70.6 M | 111.3 M | 38.6 M | 62.1 M | 87.5 M | 52.1 M | 50.9 M | 32.3 M | 90.4 M | 155.9 M | 88.3 M | 48.2 M | 30.6 M | 35.1 M | 39 M |
| EH | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (82.2 M) | (48.4 M) | (82.8 M) | (309.9 M) | (334 M) | (301.7 M) | (233 M) | (209.7 M) | (220.2 M) |
| VLRS | 46.4 M | (21.1 M) | 16.8 M | 20.6 M | 41.1 M | 142.7 M | 169.9 M | (30.3 M) | (35 M) | 137.1 M | (191.7 M) | 106.5 M | (80.2 M) | 7.8 M | 126 M | 113.4 M | 119.1 M |
| SERV | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.7 M) | (21.9 M) | (24.8 M) | (39.2 M) | (35.3 M) | (37 M) |
| WLFC | 3.2 M | 14.5 M | 1.5 M | 15.6 M | 7.2 M | 7.4 M | 14.1 M | 62.2 M | 43.2 M | 66.9 M | 9.7 M | 3.4 M | 5.4 M | 43.8 M | 108.6 M | 124.9 M | 131.1 M |
| NAT | 3.2 M | (72.3 M) | (73.2 M) | (105.4 M) | (13.2 M) | 114.6 M | (4.5 M) | (205 M) | (95.3 M) | (10.4 M) | 50 M | (119.4 M) | 15.1 M | 98.7 M | 46.6 M | 42 M | 44.1 M |
National Presto Indu and related stocks such as Sky Harbour Group, Apogee Enterprises, and Great Lakes Dredge Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in National Presto Indu financial statement analysis. It represents the amount of money remaining after all of National Presto Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.National Presto Competitive Analysis
The better you understand National Presto competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, National Presto'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 National Presto'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 |
National Presto Competition Performance Charts
Five steps to successful analysis of National Presto Competition
National Presto'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 National Presto Indu in relation to its competition. National Presto's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of National Presto 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 National Presto's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to National Presto Indu, 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 National Presto position
In addition to having National Presto 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 Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 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 Gold and Gold Mining Theme or any other thematic opportunities.
| View All Next | Launch |
Check out National Presto Correlation with its peers. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Aerospace & Defense 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 National Presto. Anticipated expansion of National 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 National Presto assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.34) | Dividend Share 1 | Earnings Share 5.44 | Revenue Per Share | Quarterly Revenue Growth 0.257 |
The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Presto's market value can be influenced by many factors that don't directly affect National Presto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between National Presto's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding National Presto should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, National Presto's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.