NEXANS Competitors

Stocks . Germany . 
Stock . NEXANS
NXS Stock  EUR 105.60  1.30  1.22%   
NEXANS competes with Fidelity National, Science Applications, National Storage, PKSHA TECHNOLOGY, and MICRONIC MYDATA; as well as few others. The company operates under Other sector and is part of Other industry. Analyzing NEXANS competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of NEXANS to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out NEXANS Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of NEXANS competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
103.46105.60107.74
Details
Intrinsic
Valuation
LowRealHigh
93.4595.59116.16
Details

NEXANS Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NEXANS 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 NEXANS 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 NEXANS does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
6B0
+ 0.81
762
HNM
+ 0.74
6B0
NS9B
+ 0.73
85S
HNM
+ 0.7
ZGY
6B0
+ 0.54
ZGY
HNM
+ 0.53
762
  
High negative correlations   
4GC
- 0.66
ZGY
NS9B
- 0.57
4GC
6B0
- 0.5
85S
762
- 0.45
85S
MLT
- 0.35
4GC
4GC
- 0.35
85S

Risk-Adjusted Indicators

There is a big difference between NEXANS Stock performing well and NEXANS 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 NEXANS'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.
All Fundamental Data

NEXANS Competitive Analysis

The better you understand NEXANS competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NEXANS'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 NEXANS'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
NXS ZGY 85S 4GC 762 MLT 6B0 NS9B HNM
 1.22 
 105.60 
NEXANS
 1.17 
 78.69 
Fidelity
 0.94 
 107.00 
Science
 1.06 
 39.19 
National
 2.42 
 24.20 
PKSHA
 1.52 
 35.00 
MICRONIC
 1.93 
 15.76 
SOFI
 1.55 
 2.54 
NetSol
 0.03 
 68.92 
ORMAT
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Not too volatile
Unstable
Very steady
Market Performance
(90 Days Performance)
Very Weak
Modest
Very Weak
Very Weak
Good
Insignificant
Strong
Weak
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Low
Low
Low
Low
Below Average
Quite High
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Sell
Sell
Sell
Strong Hold
Strong Sell
Strong Buy
Strong Sell
Strong Sell
Current Ratio
N/A
N/A
N/A
0.92
17.44
N/A
N/A
2.64
N/A
Net Asset
5.59 B
63.28 B
5.75 B
6.07 B
N/A
6.14 B
N/A
72.61 M
4.61 B
Profit Margin
N/A
N/A
N/A
0.13
0.0726
N/A
-0.21
-0.0965
N/A
EBITDA
N/A
(12.21 B)
628 M
532.21 M
3.03 B
1.26 B
N/A
6.27 M
183.35 M
Current Valuation
4.09 B
55.55 B
8.14 B
6.79 B
N/A
1.76 B
N/A
21.67 M
6.46 B
Price To Book
2.35
0.9
3.48
2.39
N/A
4.54
N/A
0.82
2.67
Operating Margin
N/A
N/A
N/A
0.37
0.14
N/A
-0.21
-0.13
N/A
Five Year Return
N/A
N/A
N/A
3.92
N/A
N/A
N/A
N/A
N/A
Beta
N/A
N/A
N/A
0.76
1.56
N/A
1.38
0.69
N/A
Number Of Employees
N/A
N/A
N/A
1.18 K
419
N/A
2.5 K
1.78 K
N/A
Shares Outstanding
N/A
N/A
N/A
89.91 M
30.65 M
N/A
927.94 M
11.28 M
N/A
Cash Flow From Operations
N/A
3.94 B
518 M
443.85 M
(179 M)
998 M
N/A
3.06 M
258.82 M
Annual Yield
0.0114
0.0058
0.0229
0.0532
N/A
0.28
N/A
N/A
0.0056
Total Debt
645 M
14.21 B
2.37 B
3.06 B
2.03 B
N/A
N/A
12.87 K
1.84 B
Return On Equity
N/A
N/A
N/A
0.0755
0.0303
N/A
-0.0627
-0.0906
N/A
Z Score
3.0
1.8
1.6
0.6
N/A
N/A
N/A
N/A
1.2
Return On Asset
N/A
N/A
N/A
0.0323
0.0275
N/A
-0.0227
-0.0601
N/A
Book Value Per Share
N/A
N/A
N/A
15.84
942.98
N/A
5.62
3.57
N/A
Total Asset
5.59 B
63.28 B
5.75 B
6.07 B
N/A
6.14 B
N/A
72.61 M
4.61 B
Last Dividend Paid
0.3
N/A
N/A
2.15
N/A
2.0
N/A
N/A
N/A
Debt To Equity
N/A
N/A
N/A
1.27
0.071
N/A
N/A
12.6
N/A
Target Price
N/A
N/A
N/A
59.73
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
87.05
11.08
N/A
35.08
23.91
N/A
Market Capitalization
3.56 B
56.35 B
4.17 B
5.62 B
376.96 M
1.93 B
5.79 B
29.28 M
3.85 B
Price To Earnings To Growth
N/A
0.69
N/A
3.04
N/A
N/A
N/A
0.34
5.17
Price To Earning
N/A
N/A
N/A
70.63
31.97
N/A
N/A
9.6
N/A
Price To Sales
0.49
2.89
0.81
6.32
N/A
4.05
N/A
0.56
7.07
Net Income
N/A
(16.72 B)
277 M
103.74 M
1.74 B
828 M
N/A
(851.16 K)
65.84 M
Earnings Per Share
N/A
N/A
N/A
0.94
0.19
N/A
0.61
-0.44
N/A
Shares Owned By Insiders
N/A
N/A
N/A
7.68
48.88
N/A
6.41
19.59
N/A
Revenue
N/A
14.53 B
7.39 B
801.57 M
11.51 B
4.63 B
1.52 B
57.25 M
734.16 M
Cash And Equivalents
N/A
N/A
N/A
22.41 M
21.7 B
N/A
N/A
17.01 M
N/A
Cash Per Share
N/A
N/A
N/A
0.25
711.23
N/A
N/A
1.46
N/A
Gross Profit
N/A
N/A
N/A
587.8 M
5.73 B
N/A
1.21 B
26.69 M
N/A
Day Typical Price
105.6
78.58
107.0
39.19
24.2
35.15
15.94
2.55
69.05
Accumulation Distribution
N/A
0.0076
N/A
N/A
N/A
0.018
326.15
0.0155
0.0058
Market Facilitation Index
N/A
0.6
N/A
N/A
N/A
0.64
2.0E-4
0.04
0.4
Daily Balance Of Power
(9,223,372,036,855)
(1.55)
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
(0.84)
(0.29)
(1.00)
(0.05)
Period Momentum Indicator
(1.30)
(0.93)
1.0
(0.42)
(0.60)
(0.54)
(0.31)
(0.04)
(0.02)
Rate Of Daily Change
0.99
0.99
1.01
0.99
0.98
0.98
0.98
0.98
1.0
Day Median Price
105.6
78.53
107.0
39.19
24.2
35.22
16.03
2.56
69.12
Price Action Indicator
(0.65)
(0.31)
0.5
(0.21)
(0.30)
(0.49)
(0.43)
(0.04)
(0.21)
Coefficient Of Variation
(1,302)
1838.86
(1,886)
(1,714)
855.16
2201.66
289.33
2127.8
3567.84
Mean Deviation
1.59
0.842
1.4
1.23
2.52
1.6
2.44
1.93
1.09
Jensen Alpha
(0.19)
0.0443
(0.17)
(0.17)
0.3362
0.0952
1.19
0.0711
0.0122
Total Risk Alpha
(0.36)
(0.04)
(0.35)
(0.24)
0.1175
(0.09)
0.9335
(0.09)
(0.09)
Sortino Ratio
N/A
(0)
N/A
N/A
0.118
0.0177
0.5309
0.015
(0.02)
Downside Variance
N/A
1.54
N/A
N/A
7.92
4.05
4.76
10.66
2.45
Standard Deviation
2.26
1.15
2.54
1.66
3.42
2.27
3.55
2.48
1.5
Kurtosis
1.26
1.58
27.39
3.08
1.7
4.85
5.63
0.7541
0.8374
Potential Upside
2.99
1.87
2.5
2.15
6.56
3.04
7.07
3.17
2.45
Treynor Ratio
(1.04)
0.3657
(0.36)
(0.10)
0.4206
(2.83)
3.25
0.1728
0.0932
Maximum Drawdown
12.08
6.33
19.59
10.55
18.84
14.16
24.3
12.5
7.34
Variance
5.09
1.33
6.47
2.75
11.68
5.17
12.58
6.17
2.24
Market Risk Adjusted Performance
(1.03)
0.3757
(0.35)
(0.09)
0.4306
(2.82)
3.26
0.1828
0.1032
Risk Adjusted Performance
(0.05)
0.0431
(0.03)
(0.04)
0.0926
0.0397
0.2584
0.0411
0.0255
Skewness
(0.37)
(0.22)
(4.31)
0.502
0.931
1.03
1.59
(0.84)
(0.52)
Semi Deviation
N/A
1.19
N/A
N/A
2.3
1.9
1.52
2.77
1.5
Information Ratio
(0.11)
(0)
(0.08)
(0.1)
0.0971
0.0157
0.3265
0.0197
(0.02)
Value At Risk
(4.94)
(1.99)
(2.73)
(3.25)
(3.64)
(3.34)
(2.67)
(4.32)
(3.04)
Expected Short fall
N/A
(0.83)
N/A
N/A
(3.60)
(1.75)
(3.22)
(1.93)
(1.16)
Downside Deviation
N/A
1.24
N/A
N/A
2.81
2.01
2.18
3.27
1.56
Semi Variance
N/A
1.42
N/A
N/A
5.27
3.6
2.32
7.7
2.26

NEXANS Competition Performance Charts

Five steps to successful analysis of NEXANS Competition

NEXANS'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 NEXANS in relation to its competition. NEXANS's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of NEXANS 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 NEXANS's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NEXANS, 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.

Complement your NEXANS position

In addition to having NEXANS 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 Personal Services Thematic Idea Now

Personal Services
Personal Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 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 Personal Services Theme or any other thematic opportunities.
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Additional Tools for NEXANS Stock Analysis

When running NEXANS's price analysis, check to measure NEXANS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NEXANS is operating at the current time. Most of NEXANS's value examination focuses on studying past and present price action to predict the probability of NEXANS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXANS's price. Additionally, you may evaluate how the addition of NEXANS to your portfolios can decrease your overall portfolio volatility.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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