Ferrari Competitors
| RACE Stock | USD 365.09 3.96 1.10% |
Ferrari NV vs WW International Correlation
Very weak diversification
The correlation between Ferrari NV and WW is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ferrari NV and WW in the same portfolio, assuming nothing else is changed.
Moving against Ferrari Stock
The current year's Return On Equity is expected to grow to 0.43, whereas Return On Tangible Assets are forecasted to decline to 0.13. At present, Ferrari NV's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 2.1 B, whereas Non Current Assets Total are forecasted to decline to about 3.4 B.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ferrari NV'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.
Ferrari NV Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ferrari NV 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 Ferrari 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 Ferrari NV 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 Ferrari Stock performing well and Ferrari NV 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 Ferrari NV'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCFT | 1.60 | 0.18 | 0.09 | 0.17 | 1.86 | 3.91 | 10.55 | |||
| MPX | 1.84 | (0.16) | 0.00 | (0.07) | 0.00 | 3.34 | 21.83 | |||
| NIU | 2.85 | 0.10 | 0.03 | 0.10 | 3.41 | 6.05 | 13.60 | |||
| MPAA | 2.28 | (0.35) | 0.00 | (0.21) | 0.00 | 4.98 | 23.01 | |||
| HLLY | 1.93 | (0.30) | 0.00 | (0.27) | 0.00 | 4.40 | 11.37 | |||
| HVT | 1.49 | (0.09) | 0.00 | (0.04) | 0.00 | 3.27 | 9.40 | |||
| ONEW | 2.68 | (0.24) | 0.00 | (0.07) | 0.00 | 4.74 | 15.63 | |||
| GCO | 3.25 | (0.36) | 0.00 | (0.13) | 0.00 | 7.52 | 32.48 | |||
| INVZ | 3.57 | (0.51) | 0.00 | (0.11) | 0.00 | 7.26 | 34.74 | |||
| WW | 3.75 | (0.23) | 0.00 | (0.06) | 0.00 | 10.92 | 25.80 |
Cross Equities Net Income Analysis
Compare Ferrari NV and related stocks such as MCBC Holdings, Marine Products, and Niu Technologies Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MCFT | 2.8 M | 2.8 M | 2.8 M | 19.9 M | 5.5 M | 10.2 M | 19.6 M | 39.7 M | 21.4 M | (24 M) | 56.2 M | 58.2 M | 68.9 M | 7.8 M | 7 M | 8.1 M | 7.7 M |
| MPX | 7.7 M | 6.7 M | 7 M | 7.8 M | 8.9 M | 14.3 M | 16.7 M | 19.3 M | 28.5 M | 28.2 M | 19.4 M | 29 M | 40.3 M | 41.7 M | 17.9 M | 11.4 M | 17.9 M |
| NIU | (232.7 M) | (232.7 M) | (232.7 M) | (232.7 M) | (232.7 M) | (232.7 M) | (232.7 M) | (184.7 M) | (349 M) | 190.1 M | 168.7 M | 225.8 M | (49.5 M) | (271.8 M) | (193.2 M) | (222.2 M) | (211.1 M) |
| MPAA | 1.1 M | (48.5 M) | (91.5 M) | 107.4 M | 11.5 M | 10.6 M | 37.6 M | 16.3 M | (7.8 M) | (7.3 M) | 21.5 M | 7.4 M | (4.2 M) | (49.2 M) | (19.5 M) | (17.5 M) | (16.6 M) |
| HLLY | (30.6 M) | (30.6 M) | (30.6 M) | (30.6 M) | (30.6 M) | (30.6 M) | (30.6 M) | (30.6 M) | (30.6 M) | 561 K | 32.9 M | (27.1 M) | 73.8 M | 19.2 M | (23.2 M) | (26.7 M) | (25.4 M) |
| HVT | 10.3 M | 15.5 M | 14.9 M | 32.3 M | 8.6 M | 27.8 M | 28.4 M | 21.1 M | 30.3 M | 21.9 M | 59.1 M | 90.8 M | 89.4 M | 56.3 M | 20 M | 19.7 M | 22.5 M |
| ONEW | (4.3 M) | (4.3 M) | (4.3 M) | (4.3 M) | (4.3 M) | (4.3 M) | (4.3 M) | 1.1 M | 21.1 M | 17.4 M | 79.1 M | 130.9 M | (38.6 M) | (5.7 M) | (114.6 M) | (103.1 M) | (98 M) |
| GCO | (33.9 M) | 82 M | 110.5 M | 92.7 M | 97.7 M | 96.3 M | 97.4 M | (111.8 M) | (51.9 M) | 61.4 M | (56 M) | 114.8 M | 71.9 M | (16.8 M) | (18.9 M) | (21.7 M) | (20.6 M) |
| INVZ | (56.4 M) | (56.4 M) | (56.4 M) | (56.4 M) | (56.4 M) | (56.4 M) | (56.4 M) | (56.4 M) | (56.4 M) | (67.3 M) | (81.5 M) | (153.6 M) | (126.9 M) | (123.5 M) | (94.8 M) | (67.8 M) | (71.2 M) |
| WW | 37.8 M | 304.9 M | 253.3 M | 204.7 M | 97.4 M | 32.9 M | 67.7 M | 163.5 M | 223.7 M | 119.6 M | 75.1 M | 67.1 M | (256.9 M) | (112.3 M) | (345.7 M) | (311.1 M) | (295.6 M) |
Ferrari NV and related stocks such as MCBC Holdings, Marine Products, and Niu Technologies Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ferrari NV financial statement analysis. It represents the amount of money remaining after all of Ferrari NV operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ferrari NV Competitive Analysis
The better you understand Ferrari NV competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ferrari NV'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 Ferrari NV'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 |
Ferrari NV Competition Performance Charts
Five steps to successful analysis of Ferrari NV Competition
Ferrari NV'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 Ferrari NV in relation to its competition. Ferrari NV's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ferrari NV 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 Ferrari NV's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ferrari NV, 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 Ferrari NV position
In addition to having Ferrari NV 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 Outsourcing Thematic Idea Now
Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 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 Outsourcing Theme or any other thematic opportunities.
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Check out Ferrari NV Correlation with its peers. For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Will Automobile Manufacturers sector continue expanding? Could Ferrari diversify its offerings? Factors like these will boost the valuation of Ferrari NV. Anticipated expansion of Ferrari directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ferrari NV data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.029 | Dividend Share 2.986 | Earnings Share 10.62 | Revenue Per Share | Quarterly Revenue Growth 0.074 |
Understanding Ferrari NV requires distinguishing between market price and book value, where the latter reflects Ferrari's accounting equity. The concept of intrinsic value - what Ferrari NV'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 Ferrari NV's price substantially above or below its fundamental value.
It's important to distinguish between Ferrari NV's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ferrari NV should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Ferrari NV's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.