Pacific Competitors
| PACB Stock | USD 1.82 0.10 5.81% |
Pacific Biosciences vs POMDOCTOR LIMITED Correlation
Good diversification
The correlation between Pacific Biosciences of and POM is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pacific Biosciences of and POM in the same portfolio, assuming nothing else is changed.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pacific Biosciences' 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.
Pacific Biosciences Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Pacific Biosciences 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 Pacific 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 Pacific Biosciences 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 Pacific Stock performing well and Pacific Biosciences 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 Pacific Biosciences' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AVNS | 1.77 | 0.27 | 0.14 | 0.32 | 1.72 | 4.79 | 9.85 | |||
| OFIX | 1.49 | (0.30) | 0.00 | (0.15) | 0.00 | 2.99 | 10.40 | |||
| SIBN | 1.92 | 0.00 | (0.02) | 0.08 | 2.65 | 4.90 | 28.77 | |||
| BFLY | 4.94 | 0.33 | 0.09 | 0.22 | 5.05 | 12.50 | 35.76 | |||
| DRIO | 4.39 | (0.27) | 0.00 | (0.37) | 0.00 | 9.18 | 31.83 | |||
| IOVA | 4.28 | 0.66 | 0.14 | 1.68 | 4.02 | 11.81 | 37.34 | |||
| IART | 2.15 | (0.19) | 0.00 | (0.01) | 0.00 | 5.40 | 15.12 | |||
| FLGT | 1.75 | 0.05 | (0.02) | 1.64 | 1.76 | 4.24 | 25.28 | |||
| DNA | 3.45 | (0.34) | 0.00 | (0.03) | 0.00 | 8.31 | 20.80 | |||
| POM | 7.23 | (2.12) | 0.00 | 1.36 | 0.00 | 10.77 | 105.75 |
Cross Equities Net Income Analysis
Compare Pacific Biosciences and related stocks such as Avanos Medical, Orthofix Medical, and Si Bone Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AVNS | 142.4 M | 142.4 M | 152.6 M | 154.6 M | 27.1 M | (426.3 M) | 39.8 M | 79.3 M | 57.5 M | (45.9 M) | (27.2 M) | 6.3 M | 50.5 M | (61.8 M) | (392.1 M) | (352.9 M) | (335.2 M) |
| OFIX | 5 M | (1.1 M) | 51.3 M | (28.5 M) | (8.5 M) | (2.8 M) | 3.1 M | 6.2 M | 13.8 M | (28.5 M) | 2.5 M | (38.4 M) | (19.7 M) | (151.4 M) | (126 M) | (113.4 M) | (107.7 M) |
| SIBN | (10.9 M) | (10.9 M) | (10.9 M) | (6.2 M) | (27.8 M) | (28.2 M) | (20.6 M) | (23 M) | (17.5 M) | (38.4 M) | (43.7 M) | (56.6 M) | (61.3 M) | (43.3 M) | (30.9 M) | (27.8 M) | (29.2 M) |
| BFLY | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (99.6 M) | (162.7 M) | (32.4 M) | (168.7 M) | (133.7 M) | (72.5 M) | (65.2 M) | (68.5 M) |
| DRIO | (5.7 M) | (5.7 M) | (5.7 M) | (13.9 M) | (12.9 M) | (7.1 M) | (10.9 M) | (15.7 M) | (17.8 M) | (17.7 M) | (29.4 M) | (76.8 M) | (62.2 M) | (59.4 M) | (42.7 M) | (38.5 M) | (40.4 M) |
| IOVA | (57.1 K) | (25.7 M) | (3.3 M) | (25.4 M) | (12 M) | (27.7 M) | (52.9 M) | (92.1 M) | (123.6 M) | (187.1 M) | (259.6 M) | (327.8 M) | (389.9 M) | (444 M) | (372.2 M) | (335 M) | (318.2 M) |
| IART | (25.4 M) | 28 M | 41.2 M | (17 M) | 34 M | (3.5 M) | 74.6 M | 64.7 M | 60.8 M | 50.2 M | 133.9 M | 169.1 M | 180.6 M | 67.7 M | (6.9 M) | (8 M) | (7.6 M) |
| FLGT | (4.3 M) | (4.3 M) | (4.3 M) | (4.3 M) | (4.3 M) | (8.3 M) | (5.4 M) | (2.7 M) | (4.5 M) | 366 K | 214.3 M | 104.3 M | 143.4 M | (167.8 M) | (42.7 M) | (49.1 M) | (46.7 M) |
| DNA | (119.3 M) | (119.3 M) | (119.3 M) | (119.3 M) | (119.3 M) | (119.3 M) | (119.3 M) | (119.3 M) | (119.3 M) | (119.3 M) | (126.6 M) | (1.8 B) | (2.1 B) | (892.9 M) | (547 M) | (492.3 M) | (516.9 M) |
| POM | 53 M | 257 M | 285 M | (212 M) | 242 M | 327 M | 1.1 B | 2.7 B | 398 M | 3 B | (256.4 M) | (188.4 M) | (125.5 M) | (145.4 M) | (143.4 M) | (164.9 M) | (156.6 M) |
Pacific Biosciences and related stocks such as Avanos Medical, Orthofix Medical, and Si Bone Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Pacific Biosciences financial statement analysis. It represents the amount of money remaining after all of Pacific Biosciences of operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Pacific Biosciences Competitive Analysis
The better you understand Pacific Biosciences competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Pacific Biosciences' 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 Pacific Biosciences' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Pacific Biosciences Competition Performance Charts
Five steps to successful analysis of Pacific Biosciences Competition
Pacific Biosciences' 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 Pacific Biosciences in relation to its competition. Pacific Biosciences' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Pacific Biosciences 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 Pacific Biosciences' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Pacific Biosciences, 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 Pacific Biosciences Correlation with its peers. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Life Sciences Tools & Services 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 Pacific Biosciences. Anticipated expansion of Pacific 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 Pacific Biosciences assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share (2.15) | Revenue Per Share | Quarterly Revenue Growth (0.04) | Return On Assets | Return On Equity |
Understanding Pacific Biosciences requires distinguishing between market price and book value, where the latter reflects Pacific's accounting equity. The concept of intrinsic value - what Pacific Biosciences' 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 Pacific Biosciences' price substantially above or below its fundamental value.
It's important to distinguish between Pacific Biosciences' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pacific Biosciences should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Pacific Biosciences' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.