Rush Competitors
| RSI Stock | USD 17.10 0.27 1.55% |
Rush Street vs Crocs Correlation
Poor diversification
The correlation between Rush Street Interactive and CROX is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rush Street Interactive and CROX in the same portfolio, assuming nothing else is changed.
Moving together with Rush Stock
Moving against Rush Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rush Street'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.
Rush Street Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Rush Street 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 Rush 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 Rush Street Interactive 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 Rush Stock performing well and Rush Street 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 Rush Street'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SGHC | 2.00 | (0.55) | 0.00 | (0.28) | 0.00 | 3.43 | 15.45 | |||
| CZR | 2.10 | (0.07) | 0.00 | 0.05 | 2.64 | 5.36 | 16.47 | |||
| ALH | 1.86 | (0.16) | 0.00 | (0.71) | 0.00 | 4.60 | 10.38 | |||
| MTN | 1.64 | (0.10) | (0.05) | (0.01) | 1.85 | 3.85 | 13.29 | |||
| FTDR | 1.34 | 0.13 | 0.07 | 0.25 | 1.31 | 3.10 | 7.42 | |||
| HGV | 1.59 | 0.09 | 0.09 | 0.15 | 1.48 | 3.31 | 9.78 | |||
| LNW | 1.62 | 0.31 | 0.08 | (0.36) | 1.62 | 3.55 | 14.31 | |||
| GPK | 1.89 | (0.50) | 0.00 | (0.28) | 0.00 | 3.59 | 20.88 | |||
| SEE | 0.78 | 0.23 | 0.15 | (4.83) | 0.49 | 1.70 | 19.98 | |||
| CROX | 1.69 | 0.10 | 0.05 | 0.20 | 1.89 | 3.73 | 11.33 |
Rush Street Competitive Analysis
The better you understand Rush Street competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Rush Street'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 Rush Street'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 |
Rush Street Competition Performance Charts
Five steps to successful analysis of Rush Street Competition
Rush Street'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 Rush Street Interactive in relation to its competition. Rush Street's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Rush Street 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 Rush Street's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Rush Street Interactive, 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 Rush Street position
In addition to having Rush Street 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?
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Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 45 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 Books Theme or any other thematic opportunities.
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Check out Rush Street Correlation with its peers. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is there potential for Hotels, Restaurants & Leisure market expansion? Will Rush introduce new products? Factors like these will boost the valuation of Rush Street. Anticipated expansion of Rush directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about Rush Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Investors evaluate Rush Street Interactive using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Rush Street's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Rush Street's market price to deviate significantly from intrinsic value.
It's important to distinguish between Rush Street's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Rush Street should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Rush Street's market price signifies the transaction level at which participants voluntarily complete trades.