THK Competitors
| THKLY Stock | USD 14.20 0.25 1.79% |
THK Co vs Rotork Plc Correlation
Weak diversification
The correlation between THK Co Ltd and RTOXF is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding THK Co Ltd and RTOXF in the same portfolio, assuming nothing else is changed.
Moving together with THK Pink Sheet
Moving against THK Pink Sheet
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| 0.43 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.36 | CSCO | Cisco Systems Aggressive Push | PairCorr |
THK Co Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between THK Co and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of THK 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 THK Co 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 THK Pink Sheet performing well and THK Co 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 THK Co'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KRDXF | 0.82 | (0.22) | 0.00 | (5.02) | 0.00 | 0.82 | 12.18 | |||
| NCTKF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DNIYY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SOHVY | 0.89 | 0.16 | 0.02 | (7.07) | 1.30 | 3.03 | 12.15 | |||
| NCTKY | 6.89 | 0.89 | 0.07 | 0.97 | 7.47 | 26.17 | 67.49 | |||
| AALBF | 0.80 | 0.10 | 0.01 | (4.61) | 1.11 | 2.15 | 10.85 | |||
| FJTCY | 0.64 | (0.15) | 0.00 | (0.54) | 0.00 | 0.00 | 9.54 | |||
| SOHVF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CYJBY | 0.56 | (0.18) | 0.00 | 0.92 | 0.00 | 0.00 | 17.74 | |||
| RTOXF | 1.01 | (0.08) | 0.00 | (1.31) | 0.00 | 3.41 | 10.49 |
THK Co Competitive Analysis
The better you understand THK Co competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, THK Co'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 THK Co'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 |
THK Co Competition Performance Charts
Five steps to successful analysis of THK Co Competition
THK Co'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 THK Co in relation to its competition. THK Co's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of THK Co 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 THK Co's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to THK Co, 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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Additional Tools for THK Pink Sheet Analysis
When running THK Co's price analysis, check to measure THK Co's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy THK Co is operating at the current time. Most of THK Co's value examination focuses on studying past and present price action to predict the probability of THK Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move THK Co's price. Additionally, you may evaluate how the addition of THK Co to your portfolios can decrease your overall portfolio volatility.