Obic Competitors
| OBICY Stock | 13.29 0.05 0.38% |
Obic Co, vs Dominion Resources Correlation
Very weak diversification
The correlation between Obic Co Ltd and DOMR is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Obic Co Ltd and DOMR in the same portfolio, assuming nothing else is changed.
Moving together with Obic Pink Sheet
| 0.93 | GTM | ZoomInfo Technologies Symbol Change | PairCorr |
Moving against Obic Pink Sheet
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Obic Co,'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.
Obic Co, Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Obic Co, and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Obic 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 Obic Co, does not affect the price movement of the other competitor.
| 0.87 | 0.91 | 0.63 | 0.96 | 0.67 | FILG | ||
| 0.87 | 0.83 | 0.52 | 0.9 | 0.83 | GLIV | ||
| 0.91 | 0.83 | 0.49 | 0.86 | 0.62 | GBAT | ||
| 0.63 | 0.52 | 0.49 | 0.69 | 0.26 | HZEN | ||
| 0.96 | 0.9 | 0.86 | 0.69 | 0.63 | GLNK | ||
| 0.67 | 0.83 | 0.62 | 0.26 | 0.63 | DOMR | ||
Risk-Adjusted Indicators
There is a big difference between Obic Pink Sheet performing well and Obic Co, 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 Obic Co,'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FILG | 4.83 | (1.16) | 0.00 | (0.52) | 0.00 | 11.92 | 36.45 | |||
| GLIV | 4.46 | (1.21) | 0.00 | (0.48) | 0.00 | 7.58 | 25.17 | |||
| GBAT | 5.53 | (1.03) | 0.00 | (0.50) | 0.00 | 12.50 | 37.35 | |||
| HZEN | 5.52 | (0.78) | 0.00 | (0.34) | 0.00 | 11.11 | 43.25 | |||
| GLNK | 3.83 | (1.08) | 0.00 | (0.34) | 0.00 | 8.26 | 29.59 | |||
| DOMR | 1.49 | (0.64) | 0.00 | 0.47 | 0.00 | 0.00 | 50.00 |
Obic Co, Competitive Analysis
The better you understand Obic Co, competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Obic Co,'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 Obic Co,'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 |
Obic Co, Competition Performance Charts
Five steps to successful analysis of Obic Co, Competition
Obic Co,'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 Obic Co, in relation to its competition. Obic Co,'s competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Obic Co, 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 Obic Co,'s competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Obic Co,, 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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Additional Tools for Obic Pink Sheet Analysis
When running Obic Co,'s price analysis, check to measure Obic Co,'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 Obic Co, is operating at the current time. Most of Obic Co,'s value examination focuses on studying past and present price action to predict the probability of Obic Co,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Obic Co,'s price. Additionally, you may evaluate how the addition of Obic Co, to your portfolios can decrease your overall portfolio volatility.