Scandia Competitors
| SDNI Stock | USD 0.0001 0.00 0.00% |
Scandia vs Mineral Mountain Correlation
No risk reduction
The correlation between Scandia and MMMM is 1.0 (i.e., No risk reduction) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Scandia and MMMM in the same portfolio, assuming nothing else is changed.
Scandia Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Scandia 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 Scandia 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 Scandia does not affect the price movement of the other competitor.
| 0.0 | 0.0 | -0.67 | -0.59 | 0.0 | 0.0 | BCIC | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | BLNMF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 1.0 | RDEMF | ||
| -0.67 | 0.0 | 0.0 | 0.81 | 0.0 | 0.0 | VGRDF | ||
| -0.59 | 0.0 | 0.0 | 0.81 | 0.0 | 0.0 | B | ||
| 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 1.0 | PHCFF | ||
| 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 1.0 | MMMM | ||
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Scandia Stock performing well and Scandia 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 Scandia'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BCIC | 1.05 | (0.16) | 0.00 | (0.33) | 0.00 | 2.12 | 7.77 | |||
| BLNMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RDEMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VGRDF | 0.56 | 0.14 | 0.11 | 0.38 | 0.50 | 1.56 | 3.38 | |||
| B | 1.95 | 0.57 | 0.12 | (2.18) | 3.09 | 4.37 | 20.20 | |||
| PHCFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MMMM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cross Equities Net Income Analysis
Compare Scandia and related stocks such as BCP Investment Corp, Blue Note Mining, and Red Eagle Mining Net Income Over Time
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BCIC | 4.7 M | 7.6 M | 26.1 M | 17.2 M | 15 M | (18.6 M) | (1 M) | 3.4 M | (9.6 M) | (12.5 M) | 31.6 M | 26 M | (21 M) | 11.4 M | (5.9 M) | (6.8 M) | (6.5 M) |
| B | 12.1 M | 64.7 M | 95.2 M | 270.5 M | 118.4 M | 121.4 M | 135.6 M | 59.4 M | 166.2 M | 158.3 M | 63.4 M | 2 B | 432 M | 1.3 B | 2.1 B | 5 B | 5.2 B |
Scandia and related stocks such as BCP Investment Corp, Blue Note Mining, and Red Eagle Mining Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Scandia financial statement analysis. It represents the amount of money remaining after all of Scandia operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Scandia Competitive Analysis
The better you understand Scandia competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Scandia'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 Scandia'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 |
Scandia Competition Performance Charts
Five steps to successful analysis of Scandia Competition
Scandia'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 Scandia in relation to its competition. Scandia's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Scandia 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 Scandia's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Scandia, 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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Check out Scandia Correlation with its peers. For more detail on how to invest in Scandia Stock please use our How to Invest in Scandia guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is there potential for Food Distribution market expansion? Will Scandia introduce new products? Factors like these will boost the valuation of Scandia. If investors know Scandia will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Scandia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) |
Understanding Scandia requires distinguishing between market price and book value, where the latter reflects Scandia's accounting equity. The concept of intrinsic value - what Scandia's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Scandia's price substantially above or below its fundamental value.
Please note, there is a significant difference between Scandia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scandia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Scandia's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.