Starry Competitors
| SSEA Stock | 10.01 0.00 0.00% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Starry Sea competition on your existing holdings.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Starry Sea's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Starry Sea Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Starry Sea 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 Starry 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 Starry Sea Acquisition 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 Starry Stock performing well and Starry Sea 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 Starry Sea'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GRAN | 6.47 | 0.20 | 0.05 | 0.13 | 6.49 | 16.20 | 48.18 | |||
| MAAS | 3.51 | 0.67 | 0.14 | 1.04 | 3.62 | 8.92 | 24.13 | |||
| HNNA | 1.49 | (0.13) | 0.00 | 0.50 | 0.00 | 2.83 | 14.53 | |||
| STKE | 4.95 | (1.75) | 0.00 | (0.70) | 0.00 | 9.87 | 33.07 | |||
| GECC | 2.23 | (0.73) | 0.00 | (0.97) | 0.00 | 3.24 | 14.04 | |||
| BMHL | 4.13 | 0.03 | 0.00 | 0.10 | 5.18 | 9.72 | 34.74 | |||
| OPPJ | 0.90 | 0.07 | 0.05 | 0.16 | 1.03 | 2.00 | 5.99 | |||
| NXC | 0.28 | 0.03 | (0.09) | 0.40 | 0.21 | 0.68 | 1.98 | |||
| FDSB | 0.55 | 0.06 | 0.02 | 0.21 | 0.55 | 1.28 | 3.92 |
Starry Sea Competitive Analysis
The better you understand Starry Sea competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Starry Sea'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 Starry Sea'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 |
Starry Sea Competition Performance Charts
Five steps to successful analysis of Starry Sea Competition
Starry Sea'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 Starry Sea Acquisition in relation to its competition. Starry Sea's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Starry Sea 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 Starry Sea's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Starry Sea Acquisition, 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.
Complement your Starry Sea position
In addition to having Starry Sea in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Alcohol
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 9 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.
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Check out Starry Sea Correlation with its peers. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Starry Sea. If investors know Starry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Starry Sea listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Starry Sea Acquisition is measured differently than its book value, which is the value of Starry that is recorded on the company's balance sheet. Investors also form their own opinion of Starry Sea's value that differs from its market value or its book value, called intrinsic value, which is Starry Sea's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Starry Sea's market value can be influenced by many factors that don't directly affect Starry Sea's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Starry Sea's value and its price as these two are different measures arrived at by different means. Investors typically determine if Starry Sea is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Starry Sea'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.