ODDITY Competitors
| ODD Stock | 30.51 1.11 3.51% |
ODDITY Tech vs BG Foods Correlation
Good diversification
The correlation between ODDITY Tech Ltd and BGS is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ODDITY Tech Ltd and BGS in the same portfolio, assuming nothing else is changed.
Moving together with ODDITY Stock
Moving against ODDITY Stock
| 0.79 | TFLM | TFLM | PairCorr |
| 0.64 | AROC | Archrock Symbol Change | PairCorr |
| 0.63 | COHG | Cheetah Oil Gas | PairCorr |
| 0.61 | OBYCF | Obayashi Earnings Call This Week | PairCorr |
| 0.6 | BFDE | Bedford Energy | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ODDITY Tech'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.
ODDITY Tech Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ODDITY Tech 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 ODDITY 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 ODDITY Tech does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ODDITY Stock performing well and ODDITY Tech 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 ODDITY Tech'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FTLF | 2.00 | (0.34) | 0.00 | (0.25) | 0.00 | 3.64 | 9.58 | |||
| BRCC | 2.94 | (0.69) | 0.00 | (0.33) | 0.00 | 5.15 | 20.30 | |||
| EWCZ | 2.48 | (0.01) | 0.02 | 0.05 | 3.17 | 4.47 | 20.89 | |||
| ABVE | 7.60 | (0.60) | 0.00 | (0.20) | 0.00 | 16.75 | 52.76 | |||
| SLSN | 4.22 | (1.19) | 0.00 | (0.89) | 0.00 | 7.24 | 27.67 | |||
| ALCO | 1.41 | 0.20 | 0.10 | 0.30 | 1.54 | 3.49 | 7.74 | |||
| AFRI | 1.54 | 0.10 | 0.02 | (1.93) | 1.71 | 4.29 | 9.71 | |||
| LMNR | 1.37 | 0.01 | 0.00 | 0.07 | 2.03 | 2.84 | 10.20 | |||
| TWG | 10.41 | 3.02 | 0.19 | (0.44) | 11.00 | 7.84 | 338.96 | |||
| BGS | 2.13 | 0.24 | 0.08 | 2.32 | 2.17 | 3.75 | 31.62 |
Cross Equities Net Income Analysis
Compare ODDITY Tech and related stocks such as FitLife Brands Common, BRC Inc, and European Wax Center Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FTLF | (153.7 K) | 326.7 K | 2.5 M | 1.3 M | 1.7 M | (1.2 M) | 368.1 K | (9.8 M) | 509 K | 2.7 M | 8.8 M | 5.4 M | 4.4 M | 5.3 M | 9 M | 10.3 M | 10.8 M |
| BRCC | (772 K) | (772 K) | (772 K) | (772 K) | (772 K) | (772 K) | (772 K) | (772 K) | (772 K) | (772 K) | 4.3 M | (13.8 M) | (82.9 M) | (16.7 M) | (3 M) | (2.7 M) | (2.8 M) |
| EWCZ | (24.4 M) | (24.4 M) | (24.4 M) | (24.4 M) | (24.4 M) | (24.4 M) | (24.4 M) | (24.4 M) | (24.4 M) | (24.4 M) | (21.5 M) | 6.9 M | 7.3 M | 8.7 M | 10.5 M | 12 M | 12.6 M |
| ABVE | (1 K) | (1 K) | (1 K) | (1 K) | (1 K) | (1 K) | (1 K) | (1 K) | (1 K) | (1 K) | (1 K) | (5.8 M) | (45.5 M) | (53.3 M) | (53.3 M) | (48 M) | (45.6 M) |
| SLSN | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | (2.6 M) | (4.4 M) | 4.2 M | 4.9 M | 5.1 M |
| ALCO | 7.5 M | 18.5 M | 19.6 M | 8.1 M | 15.8 M | 7 M | (9.5 M) | 13.1 M | 37.8 M | 23.7 M | 34.9 M | 12.5 M | 1.8 M | 7 M | (147.3 M) | (132.6 M) | (126 M) |
| AFRI | (8.1 M) | (8.1 M) | (8.1 M) | (8.1 M) | (8.1 M) | (8.1 M) | (8.1 M) | (8.1 M) | (8.1 M) | (8.1 M) | (110 K) | (8 M) | (19.2 M) | (12.7 M) | (24.3 M) | (21.9 M) | (20.8 M) |
| LMNR | 3.5 M | 3.1 M | 4.9 M | 7 M | 7.1 M | 8.1 M | 6.6 M | 20.2 M | (5.5 M) | (17.9 M) | (3.9 M) | (474 K) | 9.4 M | 7.7 M | (16 M) | (14.4 M) | (13.7 M) |
| TWG | (11 K) | (11 K) | (11 K) | (11 K) | (11 K) | (11 K) | (11 K) | (11 K) | (11 K) | (11 K) | (11 K) | (11 K) | 1.9 M | 2.4 M | (2 M) | (1.8 M) | (1.7 M) |
| BGS | 850 K | 50.2 M | 59.3 M | 52.3 M | 41 M | 69.1 M | 109.4 M | 217.5 M | 172.4 M | 76.4 M | 132 M | 67.4 M | (11.4 M) | (66.2 M) | (251.3 M) | (288.9 M) | (274.5 M) |
ODDITY Tech and related stocks such as FitLife Brands Common, BRC Inc, and European Wax Center Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in ODDITY Tech financial statement analysis. It represents the amount of money remaining after all of ODDITY Tech Ltd operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.ODDITY Tech Competitive Analysis
The better you understand ODDITY Tech competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ODDITY Tech'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 ODDITY Tech'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 |
ODDITY Tech Competition Performance Charts
Five steps to successful analysis of ODDITY Tech Competition
ODDITY Tech'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 ODDITY Tech in relation to its competition. ODDITY Tech's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ODDITY Tech 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 ODDITY Tech's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ODDITY Tech, 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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Check out ODDITY Tech Correlation with its peers. You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
Will Personal Care Products sector continue expanding? Could ODDITY diversify its offerings? Factors like these will boost the valuation of ODDITY Tech. Anticipated expansion of ODDITY directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every ODDITY Tech data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.03) | Earnings Share 1.79 | Revenue Per Share | Quarterly Revenue Growth 0.243 | Return On Assets |
Understanding ODDITY Tech requires distinguishing between market price and book value, where the latter reflects ODDITY's accounting equity. The concept of intrinsic value - what ODDITY Tech'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 ODDITY Tech's price substantially above or below its fundamental value.
It's important to distinguish between ODDITY Tech's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ODDITY Tech should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, ODDITY Tech's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.