SIFCO Competitors
| SIF Stock | USD 6.42 0.02 0.31% |
SIFCO Industries vs Xos Correlation
Very weak diversification
The correlation between SIFCO Industries and XOS is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SIFCO Industries and XOS in the same portfolio, assuming nothing else is changed.
Moving against SIFCO Stock
| 0.41 | BNKHF | BOC Hong Kong | PairCorr |
| 0.35 | BA | Boeing | PairCorr |
| 0.33 | SECVY | Seche Environnement | PairCorr |
| 0.32 | FLY | Firefly Aerospace Common | PairCorr |
SIFCO Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SIFCO Industries 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 SIFCO 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 SIFCO Industries 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 SIFCO Stock performing well and SIFCO Industries 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 SIFCO Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GPUS | 6.89 | (0.67) | 0.00 | (0.10) | 0.00 | 16.67 | 62.50 | |||
| TPCS | 2.50 | 0.05 | (0.01) | 0.62 | 3.06 | 6.62 | 16.72 | |||
| DPRO | 5.61 | (0.25) | 0.00 | (0.12) | 0.00 | 13.03 | 37.73 | |||
| SKYH | 1.76 | (0.27) | 0.00 | (0.08) | 0.00 | 3.67 | 12.01 | |||
| FLUX | 4.39 | (0.88) | 0.00 | (0.17) | 0.00 | 10.19 | 25.05 | |||
| IPWR | 5.20 | (0.22) | 0.00 | (0.05) | 0.00 | 9.70 | 37.70 | |||
| CLIR | 4.38 | (0.17) | 0.00 | 0.34 | 0.00 | 8.20 | 37.67 | |||
| CVU | 3.43 | 0.78 | 0.24 | 0.89 | 2.90 | 9.33 | 24.77 | |||
| AP | 5.04 | 2.23 | 0.57 | (22.49) | 2.84 | 13.36 | 22.67 | |||
| XOS | 3.30 | (0.26) | 0.00 | (0.02) | 0.00 | 5.58 | 38.89 |
Cross Equities Net Income Analysis
Compare SIFCO Industries and related stocks such as Hyperscale Data, TechPrecision Common, and Draganfly Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GPUS | 1.2 M | 1.1 M | (329 K) | (632 K) | (658 K) | (1.1 M) | (1.1 M) | (10.6 M) | (32.2 M) | (32.9 M) | (29.4 M) | (23.3 M) | (181.8 M) | (231 M) | (56.2 M) | (50.6 M) | (48.1 M) |
| TPCS | (428.1 K) | (2.1 M) | (2.4 M) | (7.1 M) | (3.6 M) | 1.4 M | 5.1 M | (265.9 K) | 1.1 M | (341.6 K) | 320.6 K | (349.8 K) | (979 K) | (7 M) | (2.7 M) | (2.5 M) | (2.3 M) |
| DPRO | (932 K) | (932 K) | (932 K) | (932 K) | (932 K) | (932 K) | (932 K) | (932 K) | (601.7 K) | (11.3 M) | (9.4 M) | (13.2 M) | (29.2 M) | (23.6 M) | (13.9 M) | (12.5 M) | (13.1 M) |
| SKYH | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2 M) | (2.5 M) | 9 M | (3.2 M) | (16.2 M) | (45.2 M) | (40.7 M) | (38.7 M) |
| FLUX | (30 K) | (2.4 M) | 351 K | (4.3 M) | (2.4 M) | (4.6 M) | (4.4 M) | (7 M) | (12.4 M) | (14.3 M) | (12.8 M) | (15.9 M) | (7.7 M) | (8.3 M) | (6.7 M) | (6 M) | (6.3 M) |
| IPWR | (1.8 M) | (1.8 M) | (4.6 M) | (9.6 M) | (6.9 M) | (10.4 M) | (11 M) | (10.3 M) | (7.9 M) | (3.9 M) | (7.8 M) | (4.8 M) | (6.9 M) | (10 M) | (10.4 M) | (9.4 M) | (9.8 M) |
| CLIR | (528.8 K) | (3 M) | (4.2 M) | (5.3 M) | (7.3 M) | (7.9 M) | (11.2 M) | (9.7 M) | (9.6 M) | (8.4 M) | (6.8 M) | (7.9 M) | (5.8 M) | (5.2 M) | (5.3 M) | (4.8 M) | (5 M) |
| CVU | 800 K | 7.4 M | 11 M | 7.7 M | (25.2 M) | 5 M | (3.6 M) | 5.8 M | 2.2 M | (6.8 M) | (3.7 M) | 6.8 M | 9.2 M | 17.2 M | 3.3 M | 3.8 M | 4 M |
| AP | 3.4 M | 21.3 M | 8.4 M | 12.4 M | (1.2 M) | 1.4 M | (79.8 M) | (12.1 M) | (69.3 M) | (21 M) | 8 M | (3.9 M) | 3.4 M | (39.9 M) | 438 K | 394.2 K | 413.9 K |
| XOS | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (4.9 M) | (16.7 M) | 23.4 M | (73.3 M) | (75.8 M) | (50.2 M) | (45.1 M) | (47.4 M) |
SIFCO Industries and related stocks such as Hyperscale Data, TechPrecision Common, and Draganfly Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in SIFCO Industries financial statement analysis. It represents the amount of money remaining after all of SIFCO Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.SIFCO Industries Competitive Analysis
The better you understand SIFCO Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SIFCO Industries' 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 SIFCO Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
SIFCO Industries Competition Performance Charts
Five steps to successful analysis of SIFCO Industries Competition
SIFCO Industries' 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 SIFCO Industries in relation to its competition. SIFCO Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of SIFCO Industries 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 SIFCO Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to SIFCO Industries, 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 SIFCO Industries Correlation with its peers. For more detail on how to invest in SIFCO Stock please use our How to Invest in SIFCO Industries guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Can Aerospace & Defense industry sustain growth momentum? Does SIFCO have expansion opportunities? Factors like these will boost the valuation of SIFCO Industries. If investors know SIFCO will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating SIFCO Industries demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 277.913 | Earnings Share (0.31) | Revenue Per Share | Quarterly Revenue Growth 0.005 | Return On Assets |
SIFCO Industries's market price often diverges from its book value, the accounting figure shown on SIFCO's balance sheet. Smart investors calculate SIFCO Industries' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since SIFCO Industries' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between SIFCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if SIFCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIFCO Industries' 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.