SBC Competitors

SBC Stock   6.54  0.04  0.62%   
SBC Communications competes with Humana, and Elevance Health; as well as few others. The company runs under Health Care Providers & Services sector within Health Care industry. Analyzing SBC Communications competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of SBC Communications to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out SBC Communications Correlation with its peers.
For information on how to trade SBC Stock refer to our How to Trade SBC Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of SBC Communications competition on your existing holdings.
  
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0.336.5614.30
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0.146.8414.58
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as SBC Communications. Your research has to be compared to or analyzed against SBC Communications' peers to derive any actionable benefits. When done correctly, SBC Communications' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SBC Communications.

SBC Communications Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SBC Communications 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 SBC 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 SBC Communications does not affect the price movement of the other competitor.
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

Cross Equities Net Income Analysis

Compare SBC Communications and related stocks such as Humana Inc, and Elevance Health Net Income Over Time
201020112012201320142015201620172018201920202021202220232024
ELV172.4 M2.6 B2.7 B2.5 B2.6 B2.6 B2.5 B3.8 B3.8 B4.8 B4.6 B6.1 B5.9 BB3.1 B

SBC Communications and related stocks such as Humana Inc, and Elevance Health Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in SBC Communications financial statement analysis. It represents the amount of money remaining after all of SBC Communications operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

SBC Communications Competitive Analysis

The better you understand SBC Communications competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SBC Communications' 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 SBC Communications' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SBC HUM ELV
 0.62 
 6.54 
SBC
 0.81 
 298.11 
Humana
 0.26 
 402.55 
Elevance
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SBC Communications Competition Performance Charts

Five steps to successful analysis of SBC Communications Competition

SBC Communications' 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 SBC Communications in relation to its competition. SBC Communications' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of SBC Communications 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 SBC Communications' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to SBC Communications, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your SBC Communications position

In addition to having SBC Communications 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.

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Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 226 constituents at this time.
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When determining whether SBC Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SBC Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sbc Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sbc Communications Stock:
Check out SBC Communications Correlation with its peers.
For information on how to trade SBC Stock refer to our How to Trade SBC Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Health Care Providers & 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 SBC Communications. If investors know SBC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBC Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SBC Communications is measured differently than its book value, which is the value of SBC that is recorded on the company's balance sheet. Investors also form their own opinion of SBC Communications' value that differs from its market value or its book value, called intrinsic value, which is SBC Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBC Communications' market value can be influenced by many factors that don't directly affect SBC Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SBC Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBC Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBC Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.