Roadrunner Competitors
| RRTS Stock | USD 2.71 0.01 0.37% |
Roadrunner Transportation vs Bryn Resources Correlation
Average diversification
The correlation between Roadrunner Transportation Syst and BRYN is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Roadrunner Transportation Syst and BRYN in the same portfolio, assuming nothing else is changed.
Moving against Roadrunner Pink Sheet
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roadrunner Transportation'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.
Roadrunner Transportation Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Roadrunner Transportation 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 Roadrunner 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 Roadrunner Transportation 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 Roadrunner Pink Sheet performing well and Roadrunner Transportation 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 Roadrunner Transportation'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EOSC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| APRO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| YAYO | 3.01 | 0.80 | 0.00 | (1.18) | 0.00 | 0.00 | 150.00 | |||
| MHHC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WAXS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| USLQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STWC | 8.95 | 3.75 | 0.00 | 0.46 | 0.00 | 0.00 | 300.00 | |||
| FIFG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BRYN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Roadrunner Transportation Competitive Analysis
The better you understand Roadrunner Transportation competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Roadrunner Transportation'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 Roadrunner Transportation'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 |
Roadrunner Transportation Competition Performance Charts
Five steps to successful analysis of Roadrunner Transportation Competition
Roadrunner Transportation'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 Roadrunner Transportation in relation to its competition. Roadrunner Transportation's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Roadrunner Transportation 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 Roadrunner Transportation's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Roadrunner Transportation, 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 Roadrunner Pink Sheet Analysis
When running Roadrunner Transportation's price analysis, check to measure Roadrunner Transportation'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 Roadrunner Transportation is operating at the current time. Most of Roadrunner Transportation's value examination focuses on studying past and present price action to predict the probability of Roadrunner Transportation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roadrunner Transportation's price. Additionally, you may evaluate how the addition of Roadrunner Transportation to your portfolios can decrease your overall portfolio volatility.