Signet Competitors
| SIG Stock | USD 92.35 0.77 0.84% |
Signet Jewelers vs Cavco Industries Correlation
Very good diversification
The correlation between Signet Jewelers and CVCO is -0.24 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Signet Jewelers and CVCO in the same portfolio, assuming nothing else is changed.
Moving against Signet Stock
| 0.64 | RUM | Rocky Mountain Liquor | PairCorr |
| 0.59 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.33 | BBW | Build A Bear | PairCorr |
| 0.32 | ASO | Academy Sports Outdoors | PairCorr |
Signet Jewelers Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Signet Jewelers 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 Signet 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 Signet Jewelers 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 Signet Stock performing well and Signet Jewelers 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 Signet Jewelers' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| REAL | 2.94 | 0.21 | 0.05 | 0.70 | 3.15 | 4.47 | 45.94 | |||
| SON | 1.05 | 0.32 | 0.25 | 0.53 | 0.74 | 3.18 | 6.88 | |||
| RUSHA | 1.40 | 0.57 | 0.35 | 0.64 | 0.97 | 4.15 | 10.82 | |||
| KTB | 1.66 | (0.21) | 0.00 | (0.06) | 0.00 | 4.18 | 13.84 | |||
| DORM | 1.22 | (0.06) | (0.04) | 0.04 | 1.22 | 3.17 | 6.48 | |||
| TNL | 1.30 | 0.10 | 0.10 | 0.15 | 1.27 | 3.13 | 8.90 | |||
| SLGN | 1.10 | 0.32 | 0.21 | 0.65 | 0.82 | 2.56 | 10.05 | |||
| SKY | 1.76 | 0.11 | 0.05 | 0.19 | 2.07 | 4.40 | 12.27 | |||
| WHR | 2.08 | 0.41 | 0.17 | 0.51 | 2.14 | 5.81 | 11.82 | |||
| CVCO | 1.94 | (0.06) | (0.01) | 0.03 | 4.47 | 4.45 | 25.69 |
Cross Equities Net Income Analysis
Compare Signet Jewelers and related stocks such as TheRealReal, Sonoco Products, and Rush Enterprises A Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REAL | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (75.8 M) | (98.4 M) | (175.8 M) | (236.1 M) | (196.4 M) | (168.5 M) | (134.2 M) | (120.8 M) | (126.8 M) |
| SON | 49.4 M | 217.5 M | 195.3 M | 209.8 M | 225.9 M | 250.1 M | 286.4 M | 175.3 M | 313.6 M | 291.8 M | 207.5 M | (85.5 M) | 466.4 M | 475 M | 163.9 M | 188.5 M | 183.5 M |
| RUSHA | 5.6 M | 55.2 M | 62.5 M | 49.2 M | 80 M | 66.1 M | 40.6 M | 172.1 M | 139.1 M | 141.6 M | 114.9 M | 241.4 M | 391.4 M | 347.1 M | 304.2 M | 349.8 M | 367.3 M |
| KTB | 315 M | 315 M | 315 M | 315 M | 315 M | 315 M | 315 M | 116.2 M | 263.1 M | 96.7 M | 67.9 M | 195.4 M | 245.5 M | 231 M | 245.8 M | 282.7 M | 217.1 M |
| DORM | 1.9 M | 53.3 M | 71 M | 81.9 M | 90 M | 92.3 M | 106 M | 106.6 M | 133.6 M | 83.8 M | 106.9 M | 131.5 M | 121.5 M | 129.3 M | 190 M | 218.5 M | 229.4 M |
| TNL | 302 M | 417 M | 400 M | 432 M | 529 M | 612 M | 611 M | 854 M | 672 M | 507 M | (253 M) | 308 M | 357 M | 396 M | 411 M | 472.6 M | 377.2 M |
| SLGN | (13 M) | 193.2 M | 151.3 M | 185.4 M | 182.4 M | 172.4 M | 153.4 M | 269.7 M | 224 M | 193.8 M | 308.7 M | 359.1 M | 340.8 M | 64.4 M | 276.4 M | 288.4 M | 153.2 M |
| SKY | 10.4 M | (19.4 M) | (10.5 M) | (11.9 M) | (10.2 M) | 1.7 M | 5 K | 15.8 M | (58.2 M) | 58 M | 84.8 M | 248 M | 401.8 M | 146.7 M | 198.4 M | 228.2 M | 239.6 M |
| WHR | 182.3 M | 390 M | 401 M | 827 M | 650 M | 783 M | 888 M | 350 M | (183 M) | 1.2 B | 1.1 B | 1.8 B | (1.5 B) | 481 M | (323 M) | 317 M | 358.3 M |
| CVCO | 11.1 M | 15.2 M | 5 M | 16.2 M | 23.8 M | 28.5 M | 38 M | 61.5 M | 68.6 M | 75.1 M | 76.6 M | 197.7 M | 240.6 M | 157.8 M | 171 M | 196.7 M | 206.5 M |
Signet Jewelers and related stocks such as TheRealReal, Sonoco Products, and Rush Enterprises A Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Signet Jewelers financial statement analysis. It represents the amount of money remaining after all of Signet Jewelers operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Signet Jewelers Competitive Analysis
The better you understand Signet Jewelers competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Signet Jewelers' 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 Signet Jewelers' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Signet Jewelers Competition Performance Charts
Five steps to successful analysis of Signet Jewelers Competition
Signet Jewelers' 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 Signet Jewelers in relation to its competition. Signet Jewelers' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Signet Jewelers 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 Signet Jewelers' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Signet Jewelers, 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 Signet Jewelers Correlation with its peers. For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Can Other Specialty Retail industry sustain growth momentum? Does Signet have expansion opportunities? Factors like these will boost the valuation of Signet Jewelers. If investors know Signet 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 Signet Jewelers demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 3.083 | Dividend Share 1.25 | Earnings Share 3.35 | Revenue Per Share | Quarterly Revenue Growth 0.031 |
Signet Jewelers's market price often diverges from its book value, the accounting figure shown on Signet's balance sheet. Smart investors calculate Signet Jewelers' 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 Signet Jewelers' 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 Signet Jewelers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Signet Jewelers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signet Jewelers' 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.