SecureTech Competitors

Pink Sheets . USA . 
Stock . SecureTech Innovations
SCTH Stock  USD 0.99  0.00  0.00%   
SecureTech Innovations competes with Monro Muffler, Dorman Products, Motorcar Parts, Superior Industries, and Gentherm; as well as few others. The company conducts business under Consumer Cyclical sector and is part of Auto Parts industry. Analyzing SecureTech Innovations 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 SecureTech Innovations to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out SecureTech Innovations Correlation with its peers.
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 SecureTech Innovations competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SecureTech Innovations' 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.
Hype
Prediction
LowEstimatedHigh
0.870.991.11
Details
Intrinsic
Valuation
LowRealHigh
0.710.831.09
Details
Naive
Forecast
LowNextHigh
0.870.991.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.980.991.00
Details

SecureTech Innovations Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SecureTech Innovations 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 SecureTech 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 SecureTech Innovations does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CVGI
+ 0.9
SUP
LEA
+ 0.88
SUP
ADNT
+ 0.86
LEA
CVGI
+ 0.85
LEA
LEA
+ 0.82
DAN
ADNT
+ 0.79
DAN
  
High negative correlations   
CVGI
- 0.87
DORM
SUP
- 0.82
DORM
LEA
- 0.77
DORM
ADNT
- 0.71
DORM
DAN
- 0.7
DORM
CVGI
- 0.45
MNRO

Risk-Adjusted Indicators

There is a big difference between SecureTech Pink Sheet performing well and SecureTech Innovations 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 SecureTech Innovations' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MNRO  1.50 (0.09)(0.02) 0.06  1.62 
(1.75)
 4.55 
(2.57)
 10.48 
DORM  1.32  0.25  0.18  0.42  0.97 
(1.56)
 3.10 
(2.12)
 14.67 
MPAA  3.07  0.01  0.02  0.13  3.43 
(3.47)
 8.38 
(6.22)
 19.99 
SUP  2.22 (0.73) 0.00 (0.34) 0.00 
 0.00 
 3.83 
(5.78)
 13.02 
THRM  1.54 (0.41) 0.00 (0.22) 0.00 
 0.00 
 3.15 
(3.60)
 8.02 
DAN  2.79 (0.41) 0.00 (0.03) 0.00 
 0.00 
 5.53 
(5.70)
 22.77 
LEA  1.49 (0.40) 0.00 (0.19) 0.00 
 0.00 
 3.00 
(3.53)
 9.76 
ALV  1.54 (0.13)(0.07)(0.01) 1.84 
(1.59)
 2.80 
(3.14)
 8.85 
CVGI  3.07 (0.83) 0.00 (0.18) 0.00 
 0.00 
 7.11 
(6.06)
 30.58 
ADNT  1.90 (0.39) 0.00 (0.14) 0.00 
 0.00 
 4.08 
(4.22)
 10.66 
All Fundamental Data

SecureTech Innovations Competitive Analysis

The better you understand SecureTech Innovations competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SecureTech Innovations' 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 SecureTech Innovations' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SCTH MNRO DORM MPAA SUP THRM DAN LEA ALV CVGI
 0.00 
 0.99 
SecureTech
 0.32 
 28.12 
Monro
 0.13 
 139.98 
Dorman
 5.04 
 7.29 
Motorcar
 0.84 
 2.37 
Superior
 0.02 
 42.10 
Gentherm
 1.19 
 10.00 
Dana
 0.61 
 97.84 
Lear
 0.53 
 99.12 
Autoliv
 2.55 
 2.41 
Commercial
Market Volatility
(90 Days Market Risk)
Not too volatile
Very steady
Very steady
Moderately volatile
Risky
Very steady
Somewhat reliable
Very steady
Very steady
Very risky
Market Performance
(90 Days Performance)
Very Weak
Insignificant
Good
Modest
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Quite High
Below Average
Very Low
Below Average
Below Average
Low
Below Average
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Hold
Buy
Strong Sell
Buy
Buy
Hold
Buy
Strong Buy
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Hold
Strong Buy
Strong Sell
Sell
Hold
Hold
Hold
Hold
Sell
Current Ratio
15.93
0.62
1.75
1.28
1.73
2.2
1.49
1.33
1.04
2.16
Net Asset
254 K
1.69 B
2.29 B
1.01 B
1.03 B
1.23 B
7.96 B
14.7 B
8.33 B
483.21 M
Profit Margin
N/A
0.0224
0.0943
-0.0906
-0.0561
0.0461
-0.0015
0.0233
0.0599
0.0374
EBITDA
(108.71 K)
144.09 M
271.29 M
58.59 M
43.13 M
119.83 M
748 M
1.66 B
1.08 B
64.5 M
Operating Margin
-10.77
0.0399
0.18
0.0272
0.034
0.0942
0.042
0.0399
0.0908
0.0168
Current Valuation
384.18 M
1.38 B
4.86 B
368.13 M
809.67 M
1.4 B
4.02 B
7.35 B
9.77 B
187.68 M
Price To Book
2502.98
1.29
3.46
0.55
0.23
1.97
0.98
1.12
3.41
0.46
Retained Earnings
N/A
655.43 M
1.07 B
39.5 M
(178.99 M)
624.38 M
317 M
5.6 B
2.29 B
(46.18 M)
Current Asset
N/A
170.07 M
478.63 M
52.96 M
245.82 M
420.61 M
2.47 B
5.65 B
4.04 B
308.28 M
Five Year Return
N/A
1.5
N/A
N/A
5.2
N/A
1.92
1.63
2.48
N/A
Beta
N/A
1.12
0.83
1.44
3.5
1.44
2.3
1.47
1.6
2.46
Number Of Employees
3
7.66 K
3.87 K
5.9 K
6.6 K
14 K
41.1 K
186.6 K
61.15 K
7.7 K
Shares Outstanding
111.79 M
29.95 M
30.52 M
19.85 M
28.89 M
30.98 M
144.98 M
54.34 M
78.75 M
34.5 M
Cash Flow From Operations
(99.03 K)
125.2 M
208.76 M
39.17 M
64.43 M
119.27 M
476 M
1.25 B
982 M
38.28 M
Annual Yield
N/A
0.0398
N/A
N/A
N/A
N/A
0.04
0.0315
0.0282
N/A
Total Debt
N/A
611.01 M
683.8 M
239.34 M
625.94 M
246.71 M
2.98 B
2.92 B
2.04 B
173.65 M
Return On Equity
-1.46
0.0405
0.16
-0.22
-0.72
0.1
-0.0094
0.13
0.26
0.17
Return On Asset
-0.87
0.022
0.0926
0.025
0.0026
0.0638
0.0268
0.0442
0.074
0.0346
Book Value Per Share
0.001
21.77
40.46
14.5
-8.03
21.33
10.21
87.31
29.05
5.72
Number Of Shares Shorted
N/A
3.64 M
383.62 K
567.56 K
64.05 K
835.24 K
3.2 M
2.15 M
2.03 M
670.09 K
Current Liabilities
N/A
167.57 M
98.57 M
43.56 M
73.86 M
143.78 M
1.09 B
4.18 B
2.23 B
114.85 M
Total Asset
254 K
1.69 B
2.29 B
1.01 B
1.03 B
1.23 B
7.96 B
14.7 B
8.33 B
483.21 M
Debt To Equity
N/A
0.89
0.31
0.8
4.29
0.43
1.51
0.72
0.74
1.77
Short Ratio
N/A
6.84
1.9
11.7
0.69
3.09
1.27
2.75
2.36
2.53
Target Price
N/A
29.33
138.5
14.0
6.0
61.0
10.14
131.8
116.46
6.33
Last Dividend Paid
N/A
1.12
N/A
N/A
N/A
N/A
0.4
3.08
2.72
N/A
Shares Owned By Institutions
N/A
98.55
80.49
81.43
31.1
98.62
99.07
99.58
73.84
74.34
Market Capitalization
391.27 M
844.87 M
4.27 B
144.72 M
69.04 M
1.3 B
1.47 B
5.32 B
7.81 B
83.14 M
Price To Earning
N/A
82.82
25.1
17.6
17.21
49.3
23.25
54.89
28.06
13.57
Price To Earnings To Growth
N/A
2.4
1.37
0.55
5.88
0.71
6.85
0.36
0.85
0.42
Price To Sales
13334.15
0.69
2.17
0.2
0.0545
0.89
0.14
0.23
0.74
0.0911
Net Income
(108.71 K)
37.57 M
129.26 M
(49.24 M)
(92.85 M)
40.34 M
48 M
645.7 M
488 M
49.41 M
Earnings Per Share
N/A
0.87
5.96
-3.41
-3.94
2.12
-0.11
9.51
7.66
0.82
Shares Owned By Insiders
71.53
1.45
15.6
5.89
11.28
1.38
0.93
0.42
0.25
7.07
Revenue
31.71 K
1.28 B
1.93 B
717.68 M
1.39 B
1.47 B
10.55 B
23.47 B
10.47 B
994.68 M
Working Capital
N/A
(201.87 M)
686.56 M
156.03 M
261.02 M
362.61 M
1.5 B
1.97 B
(61 M)
182.55 M
Cash And Equivalents
197.17 K
9.79 M
35.44 M
11.21 M
213.02 M
141.66 M
425 M
1.11 B
594 M
28.5 M
Cash Per Share
N/A
0.3
1.13
0.58
4.54
4.27
2.68
14.0
5.56
0.85
Gross Profit
22.8 K
481.84 M
564.45 M
126.62 M
164.09 M
273.65 M
763 M
1.55 B
1.4 B
86.5 M
Day Typical Price
0.99
28.17
139.87
7.19
2.39
42.19
10.06
97.61
99.01
2.39
Accumulation Distribution
N/A
0.0314
0.0126
0.0638
0.0287
0.0239
0.0379
0.0125
0.0107
0.0412
Market Facilitation Index
N/A
0.9
1.77
0.47
0.07
1.02
0.39
1.23
1.06
0.1
Daily Balance Of Power
0.0
(0.10)
0.1017
0.7447
(0.29)
(0.01)
(0.31)
0.4797
0.4906
0.6
Period Momentum Indicator
N/A
(0.09)
0.18
0.35
(0.02)
(0.01)
(0.12)
0.59
0.52
0.06
Rate Of Daily Change
1.0
1.0
1.0
1.05
0.99
1.0
0.99
1.01
1.01
1.03
Day Median Price
0.99
28.19
139.82
7.14
2.41
42.24
10.09
97.5
98.96
2.38
Price Action Indicator
N/A
(0.11)
0.25
0.33
(0.04)
(0.14)
(0.15)
0.64
0.42
0.06
Coefficient Of Variation
(806.23)
2035.37
562.08
2085.92
(548.97)
(766.76)
(6,523)
(863.82)
95454.58
(974.83)
Mean Deviation
0.0303
1.5
1.32
3.07
2.22
1.54
2.79
1.49
1.54
3.07
Jensen Alpha
(0.03)
(0.09)
0.2505
0.0077
(0.73)
(0.41)
(0.41)
(0.40)
(0.13)
(0.83)
Total Risk Alpha
(0.05)
(0.25)
0.0129
(0.51)
(1.01)
(0.58)
(0.71)
(0.56)
(0.33)
(1.27)
Sortino Ratio
N/A
(0.02)
0.1752
0.0177
N/A
N/A
N/A
N/A
(0.07)
N/A
Downside Variance
N/A
3.07
1.76
13.49
N/A
N/A
N/A
N/A
3.48
N/A
Standard Deviation
0.124
2.03
2.08
4.23
2.87
1.91
3.82
1.95
1.95
4.66
Kurtosis
65.0
0.8447
14.67
1.78
0.286
(0.50)
5.34
0.815
0.5343
7.32
Potential Upside
N/A
4.55
3.1
8.38
3.83
3.15
5.53
3.0
2.8
7.11
Treynor Ratio
(1.08)
0.0644
0.4187
0.1329
(0.34)
(0.22)
(0.03)
(0.19)
(0.01)
(0.18)
Maximum Drawdown
1.0
10.48
14.67
19.99
13.02
8.02
22.77
9.76
8.85
30.58
Variance
0.0154
4.13
4.33
17.85
8.22
3.63
14.59
3.8
3.8
21.7
Market Risk Adjusted Performance
(1.07)
0.0744
0.4287
0.1429
(0.33)
(0.21)
(0.02)
(0.18)
0.0017
(0.17)
Risk Adjusted Performance
(0.15)
0.0438
0.1423
0.0448
(0.13)
(0.09)
(0)
(0.08)
0.0069
(0.07)
Skewness
(8.06)
0.5774
2.82
0.8951
0.0419
(0.11)
(1.34)
(0.62)
0.4368
(0.88)
Semi Deviation
N/A
1.62
0.9703
3.43
N/A
N/A
N/A
N/A
1.84
N/A
Information Ratio
(1.23)
(0.02)
0.1118
0.0154
(0.23)
(0.20)
(0.05)
(0.19)
(0.07)
(0.13)
Value At Risk
N/A
(2.57)
(2.12)
(6.22)
(5.78)
(3.60)
(5.70)
(3.53)
(3.14)
(6.06)
Expected Short fall
N/A
(1.75)
(1.56)
(3.47)
N/A
N/A
N/A
N/A
(1.59)
N/A
Downside Deviation
N/A
1.75
1.33
3.67
N/A
N/A
N/A
N/A
1.86
N/A
Semi Variance
N/A
2.64
0.9415
11.74
N/A
N/A
N/A
N/A
3.37
N/A

SecureTech Innovations Competition Performance Charts

Five steps to successful analysis of SecureTech Innovations Competition

SecureTech Innovations' 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 SecureTech Innovations in relation to its competition. SecureTech Innovations' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of SecureTech Innovations 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 SecureTech Innovations' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to SecureTech Innovations, 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 SecureTech Innovations position

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Defense Theme
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Other Information on Investing in SecureTech Pink Sheet

SecureTech Innovations financial ratios help investors to determine whether SecureTech Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SecureTech with respect to the benefits of owning SecureTech Innovations security.
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