Scotts Competitors
| SMG Stock | USD 63.69 1.35 2.17% |
Scotts Miracle vs WD 40 Correlation
Poor diversification
The correlation between Scotts Miracle Gro and WDFC is 0.72 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Scotts Miracle Gro and WDFC in the same portfolio, assuming nothing else is changed.
Moving together with Scotts Stock
Moving against Scotts Stock
| 0.69 | ADVWW | Advantage Solutions | PairCorr |
| 0.69 | MAPSW | WM Technology | PairCorr |
| 0.39 | PCTTW | PureCycle Technologies | PairCorr |
Scotts Miracle Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Scotts Miracle 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 Scotts 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 Scotts Miracle Gro 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 Scotts Stock performing well and Scotts Miracle 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 Scotts Miracle'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FUL | 1.25 | 0.08 | 0.06 | 0.11 | 1.37 | 3.48 | 8.23 | |||
| AVNT | 1.42 | 0.21 | 0.13 | 0.20 | 1.35 | 3.41 | 8.87 | |||
| USLM | 1.73 | (0.18) | 0.00 | (0.06) | 0.00 | 3.08 | 8.80 | |||
| CENX | 2.95 | 0.80 | 0.18 | 29.55 | 3.74 | 6.70 | 27.76 | |||
| PRM | 1.87 | 0.34 | 0.12 | 0.49 | 2.29 | 3.38 | 30.19 | |||
| TTAM | 1.66 | 0.19 | 0.10 | 0.17 | 1.92 | 3.58 | 9.05 | |||
| TGLS | 1.80 | (0.34) | 0.00 | (0.19) | 0.00 | 3.42 | 10.44 | |||
| ORLA | 3.18 | 0.74 | 0.15 | 2.58 | 3.99 | 7.66 | 27.40 | |||
| NG | 2.90 | 0.22 | 0.05 | 0.24 | 4.28 | 6.04 | 33.05 | |||
| WDFC | 1.18 | 0.33 | 0.16 | 1.33 | 1.39 | 2.46 | 10.75 |
Cross Equities Net Income Analysis
Compare Scotts Miracle Gro and related stocks such as H B Fuller, Avient Corp, and United States Lime Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FUL | 13.3 M | 125.6 M | 96.8 M | 49.9 M | 86.7 M | 124.1 M | 58.2 M | 171.2 M | 130.8 M | 123.7 M | 161.4 M | 180.3 M | 144.9 M | 130.3 M | 152 M | 174.8 M | 183.5 M |
| AVNT | 104.7 M | 172.6 M | 71.9 M | 243.8 M | 79.2 M | 144.6 M | 165.2 M | (57.7 M) | 159.8 M | 588.6 M | 131.6 M | 230.8 M | 703.1 M | 75.7 M | 169.5 M | 194.9 M | 117.9 M |
| USLM | (1000 K) | 22.2 M | 16.4 M | 14.8 M | 19.4 M | 12.9 M | 17.8 M | 27.1 M | 19.7 M | 26.1 M | 28.2 M | 37 M | 45.4 M | 74.5 M | 108.8 M | 134.3 M | 141 M |
| CENX | 16.5 M | 11.3 M | (35.6 M) | (40.3 M) | 112.5 M | (47.7 M) | (252.4 M) | 48.6 M | (66.2 M) | (80.8 M) | (123.3 M) | (167.1 M) | (14.1 M) | (43.1 M) | 336.8 M | 387.3 M | 406.7 M |
| PRM | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | 24.2 M | (661.5 M) | 91.8 M | 67.5 M | (5.9 M) | (6.8 M) | (7.1 M) |
| TTAM | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 59.2 M | 62.7 M | 155.2 M | 166.1 M | 191 M | 121.9 M |
| TGLS | 5.9 M | 5.9 M | 5.9 M | 22.3 M | 20.3 M | (1.5 M) | 23.3 M | 5.4 M | 9 M | 24.5 M | 23.9 M | 68.2 M | 155.7 M | 182.9 M | 161.3 M | 185.5 M | 194.8 M |
| ORLA | (107.4 K) | (116.5 K) | (150.7 K) | (832.4 K) | (84.8 K) | (278.3 K) | (2.9 M) | (7.9 M) | (22 M) | (22.7 M) | (29.2 M) | (26.3 M) | 45.8 M | (27 M) | 89 M | 102.3 M | 107.4 M |
| NG | (816.3 K) | (11.9 M) | (60.7 M) | (38.9 M) | (30.3 M) | (33.4 M) | (39.4 M) | (31.7 M) | (27.8 M) | (34.8 M) | (39.8 M) | (51.5 M) | (46.8 M) | (44.4 M) | (94.7 M) | (85.2 M) | (80.9 M) |
| WDFC | 9.4 M | 35.5 M | 39.8 M | 43.7 M | 44.8 M | 52.6 M | 52.9 M | 65.2 M | 55.9 M | 60.7 M | 70.2 M | 67.3 M | 66 M | 69.6 M | 91 M | 104.6 M | 109.9 M |
Scotts Miracle Gro and related stocks such as H B Fuller, Avient Corp, and United States Lime Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Scotts Miracle Gro financial statement analysis. It represents the amount of money remaining after all of Scotts Miracle Gro operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Scotts Miracle Competitive Analysis
The better you understand Scotts Miracle competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Scotts Miracle'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 Scotts Miracle'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 |
Scotts Miracle Competition Performance Charts
Five steps to successful analysis of Scotts Miracle Competition
Scotts Miracle'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 Scotts Miracle Gro in relation to its competition. Scotts Miracle's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Scotts Miracle 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 Scotts Miracle's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Scotts Miracle Gro, 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 Scotts Miracle Correlation with its peers. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Can Fertilizers & Agricultural Chemicals industry sustain growth momentum? Does Scotts have expansion opportunities? Factors like these will boost the valuation of Scotts Miracle. If investors know Scotts 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 Scotts Miracle demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.114 | Dividend Share 2.64 | Earnings Share 2.85 | Revenue Per Share | Quarterly Revenue Growth (0.15) |
Scotts Miracle Gro's market price often diverges from its book value, the accounting figure shown on Scotts's balance sheet. Smart investors calculate Scotts Miracle's 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 Scotts Miracle's 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 Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle's 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.