Compare Summit to Champion, Peel, Australian, Perpetual, Greentech, Talisman

Comparing Summit to Champion, Peel, Australian, Perpetual, Greentech, Talisman can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.

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Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.

	SMM	CIA	PEX	AHF	PCI	GRE	TLM
SMM		0.0	0.02	-0.33	-0.34	0.18	-0.02	SMM
CIA	0.0		0.07	-0.29	-0.13	0.51	0.52	CIA
PEX	0.02	0.07		0.4	0.67	0.59	0.58	PEX
AHF	-0.33	-0.29	0.4		0.73	0.08	0.05	AHF
PCI	-0.34	-0.13	0.67	0.73		0.34	0.39	PCI
GRE	0.18	0.51	0.59	0.08	0.34		0.59	GRE
TLM	-0.02	0.52	0.58	0.05	0.39	0.59		TLM
	SMM	CIA	PEX	AHF	PCI	GRE	TLM

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High positive correlations

PCI	+ 0.73	AHF
PCI	+ 0.67	PEX
GRE	+ 0.59	PEX
TLM	+ 0.59	GRE
TLM	+ 0.58	PEX
TLM	+ 0.52	CIA

High negative correlations

PCI	- 0.34	SMM
AHF	- 0.33	SMM
AHF	- 0.29	CIA
PCI	- 0.13	CIA
TLM	- 0.02	SMM
CIA	- 0.0	SMM

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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
SMM	5.55	(0.01)	0.00	0.09	7.61	(23.07)	25.00	(20.00)	58.33
CIA	2.20	(0.06)	0.00	(3.98)	0.00	0.00	4.08	(4.24)	21.48
PEX	3.47	0.26	0.02	1.91	4.23	(9.09)	10.00	(9.09)	25.38
AHF	4.34	0.59	0.08	0.80	4.29	(7.51)	10.53	(10.00)	28.76
PCI	0.61	0.09	0.03	0.41	0.37	(1.09)	0.91	(0.88)	2.63
GRE	4.15	0.08	0.01	0.18	5.21	(8.25)	11.11	(9.09)	39.02
TLM	2.93	0.31	0.04	(1.90)	2.82	(6.00)	9.09	(4.55)	19.62

Cross Equities Net Income Analysis

Compare Summit Resources, Champion Iron, and Peel Mining Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
SMM	(1000 K)	(1000 K)	(1000 K)	(457 K)	(210 K)	(1.3 M)	(294 K)	(346 K)	(2.7 M)	(2.7 M)	(3.1 M)	(1.8 M)	(5.8 M)	(20 M)	(19 M)
CIA	(7.9 M)	(7.9 M)	(7.9 M)	(48.6 M)	(11.8 M)	(7.8 M)	(23.8 M)	(74.5 M)	83 M	89.4 M	464.4 M	522.6 M	200.7 M	234.2 M	130.2 M
PEX	(409.7 K)	(527.3 K)	(1.5 M)	(1.1 M)	(1.7 M)	(345.3 K)	(1.1 M)	(1.7 M)	(3.1 M)	3.6 M	3.7 M	(3.4 M)	(1.5 M)	(2.7 M)	(2.6 M)
AHF	75 K	(47.3 K)	(100.5 K)	(423.9 K)	(816 K)	(1 M)	(1.3 M)	(3 M)	(3.3 M)	(7.5 M)	(6.9 M)	(4.1 M)	(6.9 M)	(7.4 M)	(7 M)
PCI	1.6 M	1.6 M	1.6 M	1.6 M	1.6 M	1.6 M	1.6 M	1.6 M	1.6 M	643 K	34.7 M	3.2 M	30.4 M	34.9 M	36.7 M
GRE	(79.1 K)	(79.1 K)	(79.1 K)	(79.1 K)	(79.1 K)	(79.1 K)	(79.1 K)	(79.1 K)	(79.1 K)	(79.1 K)	(79.1 K)	(1.2 M)	(832.3 K)	(5 M)	(4.7 M)
TLM	(182.5 K)	(2.3 M)	(4.7 M)	(1.4 M)	(6.9 M)	(8 M)	(8.7 M)	(10.5 M)	(10.7 M)	(8 M)	(3.9 M)	(1.1 M)	66 K	(2.9 M)	(3.1 M)

Summit Resources, Champion Iron, and Peel Mining Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in entities financial statement analysis. It represents the amount of money remaining after all of organizations operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	SMM	CIA	PEX	AHF	PCI	GRE	TLM
	14.29 0 Summit	3.00 5.49 Champion	7.69 0.12 Peel	7.69 0.03 Australian	3.45 1.20 Perpetual	4.40 0.1 Greentech	4.35 0.22 Talisman
Market Volatility (90 Days Market Risk)	Out of control	Slightly risky	Out of control	Out of control	Slightly risky	Out of control	Out of control
Market Performance (90 Days Performance)	Very Weak	Very Weak	Insignificant	Good	Good	Weak	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Very High	Low	Low	Below Average	Very Small	Low	Quite High
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Under Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Sell	Buy	Strong Sell	Strong Sell
Net Asset	4.01 M	2.69 B	110.78 M	30.35 M	440.5 M	17.72 M	9.43 M
Profit Margin	N/A	0.15 %	N/A	(1.17) %	N/A	N/A	(0.31) %
EBITDA	(1.67 M)	555.41 M	(3.92 M)	(6.26 M)	N/A	(4.98 M)	(2.53 M)
Current Valuation	1.99 M	3.3 B	60.55 M	16.94 M	N/A	6.07 M	35.7 M
Price To Book	0.22 X	1.80 X	0.61 X	0.77 X	N/A	0.46 X	5.08 X
Operating Margin	N/A	0.11 %	N/A	(1.60) %	N/A	N/A	(0.29) %
Retained Earnings	(34.51 M)	946.64 M	(10.72 M)	(53.46 M)	N/A	(6.28 M)	(24.73 M)
Beta	1.23	1.48	1.05	-0.28	N/A	0.76	1.04
Shares Outstanding	1.03 B	518.25 M	581.08 M	743.32 M	400.97 M	83.08 M	188.32 M
Cash Flow From Operations	N/A	474.58 M	(1.56 M)	(4.44 M)	20.27 M	(1.83 M)	(3.98 M)
Annual Yield	N/A	0.04 %	N/A	N/A	0.07 %	N/A	N/A
Total Debt	5.5 M	616.41 M	1.62 M	2.25 M	6.12 M	457.73 K	139 K
Return On Equity	-3.0	0.19	-0.0245	-0.25	7.02	-0.42	-0.31
Return On Asset	-1.01	0.11	-0.0249	-0.12	N/A	-0.25	-0.15
Book Value Per Share	(0) X	2.79 X	0.19 X	0.04 X	N/A	0.21 X	0.04 X
Total Asset	4.01 M	2.69 B	110.78 M	30.35 M	440.5 M	17.72 M	9.43 M
Target Price	N/A	6.84	0.4	0.16	N/A	N/A	0.45
Last Dividend Paid	N/A	0.2	N/A	N/A	N/A	N/A	N/A
Shares Owned By Institutions	N/A	52.33 %	4.17 %	5.71 %	2.80 %	0.72 %	N/A
Market Capitalization	3.09 M	2.9 B	66.82 M	21.56 M	433.05 M	7.81 M	39.55 M
Price To Sales	436.43 X	1.75 X	160,636 X	3.44 X	N/A	128.07 X	4.16 X
Net Income	(19.99 M)	234.19 M	(2.7 M)	(7.36 M)	30.38 M	(4.99 M)	(2.92 M)
Earnings Per Share	(0.04) X	0.51 X	N/A	(0.01) X	N/A	(0.07) X	(0.02) X
Shares Owned By Insiders	7.10 %	11.33 %	47.52 %	42.00 %	5.30 %	48.53 %	32.60 %
Revenue	7.09 K	1.52 B	416	6.18 M	N/A	68.11 K	9.5 M
Working Capital	900.18 K	577.05 M	5.62 M	5.4 M	N/A	1.78 M	6.56 M
Cash And Equivalents	N/A	326.81 M	N/A	N/A	N/A	N/A	7.64 M
Gross Profit	N/A	562.65 M	8.1 K	(288.23 K)	N/A	68.11 K	7.66 M
Day Typical Price	0.003	5.51	0.12	0.0277	1.18	0.094	0.22
Accumulation Distribution	N/A	0.0233	N/A	0.0357	0.0417	0.0316	N/A
Market Facilitation Index	N/A	0.13	N/A	0.001	0.05	0.003	N/A
Daily Balance Of Power	(9,223,372,036,855)	1.230769	(9,223,372,036,855)	2.0	0.8	1.333333	(9,223,372,036,855)
Period Momentum Indicator	(0.0005)	0.16	(0.01)	0.002	0.04	0.004	(0.01)
Rate Of Daily Change	0.86	1.03	0.92	1.08	1.03	1.04	0.96
Day Median Price	0.003	5.52	0.12	0.0275	1.17	0.0935	0.22
Price Action Indicator	(0.0003)	0.055	(0.01)	0.0015	0.045	0.0035	(0.01)
Relative Strength Index	43.53	42.42	50.33	69.63	65.49	43.54	46.74
Coefficient Of Variation	6749.67	(5,894)	1949.83	869.85	603.66	3559.94	1349.06
Mean Deviation	5.55	2.2	3.47	4.34	0.6088	4.15	2.93
Jensen Alpha	(0.01)	(0.06)	0.2615	0.5874	0.095	0.0782	0.3092
Total Risk Alpha	(1.30)	(0.47)	(0.45)	(0.10)	0.0188	(0.69)	(0.24)
Sortino Ratio	0.0029	N/A	0.0182	0.0788	0.0284	0.009	0.0403
Downside Variance	367.57	N/A	94.5	52.64	0.8177	72.85	23.28
Standard Deviation	11.2	3.1	5.58	5.92	0.816	6.64	4.1
Kurtosis	3.03	4.79	0.3529	0.586	2.82	1.97	0.2425
Potential Upside	25.0	4.08	10.0	10.53	0.9091	11.11	9.09
Treynor Ratio	0.0943	(3.98)	1.91	0.7991	0.4123	0.1785	(1.90)
Maximum Drawdown	58.33	21.48	25.38	28.76	2.63	39.02	19.62
Variance	125.46	9.58	31.08	35.08	0.6659	44.11	16.8
Market Risk Adjusted Performance	0.1043	(3.97)	1.92	0.8091	0.4223	0.1885	(1.89)
Risk Adjusted Performance	0.0206	(0.01)	0.0478	0.0964	0.127	0.0303	0.0647
Skewness	0.7625	1.17	(0.13)	0.3974	1.05	0.0781	0.5528
Semi Deviation	7.61	N/A	4.23	4.29	0.3748	5.21	2.82
Information Ratio	0.005	(0.05)	0.0316	0.0965	0.0315	0.0116	0.0474
Value At Risk	(20.00)	(4.24)	(9.09)	(10.00)	(0.88)	(9.09)	(4.55)
Expected Short fall	(23.07)	N/A	(9.09)	(7.51)	(1.09)	(8.25)	(6.00)
Downside Deviation	19.17	N/A	9.72	7.26	0.9043	8.54	4.83
Semi Variance	57.87	N/A	17.88	18.45	0.1405	27.13	7.94

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.

Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

	Entertainment Invested over 90 shares	Go
	Macroaxis Index Invested few shares	Go
	Baby Boomer Prospects Invested over 60 shares	Go
	Impulse Invested over 100 shares	Go
	Banking Invested over 20 shares	Go
	Investor Favorites Invested over 40 shares	Go
	Disruptive Technologies Invested few shares	Go
	Cash Cows Invested few shares	Go
	Hedge Favorites Invested over 50 shares	Go
	Chemicals Invested over 30 shares	Go
	FinTech Invested over 60 shares	Go
	Artificial Intelligence Invested few shares	Go

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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