Tandy Competitors
| TLF Stock | USD 3.08 0.03 0.96% |
Tandy Leather vs Evgo Correlation
Significant diversification
The correlation between Tandy Leather Factory and EVGO is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tandy Leather Factory and EVGO in the same portfolio, assuming nothing else is changed.
Moving against Tandy Stock
| 0.49 | TDUP | ThredUp | PairCorr |
| 0.45 | GRAB | Grab Holdings Earnings Call This Week | PairCorr |
| 0.39 | RXRX | Recursion Pharmaceuticals | PairCorr |
| 0.39 | RIVN | Rivian Automotive Earnings Call Today | PairCorr |
| 0.33 | NVNIW | Nvni Group Limited | PairCorr |
Tandy Leather Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tandy Leather 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 Tandy 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 Tandy Leather Factory 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 Tandy Stock performing well and Tandy Leather 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 Tandy Leather'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RERE | 2.25 | 0.58 | 0.20 | 1.06 | 2.28 | 6.33 | 14.39 | |||
| SBH | 2.04 | 0.12 | 0.03 | 0.29 | 2.79 | 4.70 | 14.94 | |||
| NEGG | 4.70 | (0.84) | 0.00 | (0.18) | 0.00 | 8.40 | 37.88 | |||
| TRS | 1.06 | 0.11 | 0.07 | 0.22 | 1.31 | 2.32 | 6.54 | |||
| WINA | 1.70 | (0.02) | (0.01) | 0.07 | 2.26 | 3.40 | 10.99 | |||
| PZZA | 1.63 | (0.33) | 0.00 | (0.80) | 0.00 | 4.42 | 11.96 | |||
| TILE | 1.17 | 0.30 | 0.24 | 0.33 | 0.99 | 2.87 | 8.15 | |||
| MBC | 2.05 | (0.02) | 0.02 | 0.09 | 2.80 | 5.50 | 10.05 | |||
| ARCO | 1.40 | 0.19 | 0.13 | 0.25 | 1.27 | 4.36 | 9.83 | |||
| EVGO | 2.48 | (0.30) | 0.00 | (0.07) | 0.00 | 5.84 | 15.63 |
Cross Equities Net Income Analysis
Compare Tandy Leather Factory and related stocks such as ATRenew Inc DRC, Sally Beauty Holdings, and Newegg Commerce Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RERE | (207.9 M) | (207.9 M) | (207.9 M) | (207.9 M) | (207.9 M) | (207.9 M) | (207.9 M) | (207.9 M) | (207.9 M) | (704.9 M) | (470.6 M) | (816.5 M) | (2.5 B) | (156.2 M) | (8.2 M) | (7.4 M) | (7.8 M) |
| SBH | 89.3 M | 233.1 M | 261.2 M | 246 M | 235.1 M | 222.9 M | 215.1 M | 258 M | 271.6 M | 113.2 M | 239.9 M | 183.6 M | 184.6 M | 153.4 M | 195.9 M | 225.3 M | 185.6 M |
| NEGG | 795.2 K | 3.1 M | 3.2 M | 2 M | (24.3 M) | (9.6 M) | (9.6 M) | (5.1 M) | (8.9 M) | (17 M) | 30.4 M | 36.3 M | (57.4 M) | (59 M) | (43.3 M) | (39 M) | (37 M) |
| TRS | 38 M | 60.4 M | 33.9 M | 75.5 M | 68.5 M | (33.4 M) | (39.8 M) | 31 M | 83.3 M | 98.6 M | (79.8 M) | 57.3 M | 66.2 M | 40.4 M | 24.2 M | 27.9 M | 29.3 M |
| WINA | 300 K | 14.1 M | 12.9 M | 18.2 M | 20.1 M | 21.8 M | 22.2 M | 24.6 M | 30.1 M | 32.1 M | 29.8 M | 39.9 M | 39.4 M | 40.2 M | 40 M | 45.9 M | 48.2 M |
| PZZA | 2.5 M | 55.7 M | 61.7 M | 69 M | 73.3 M | 75.7 M | 103.4 M | 103.7 M | 1.6 M | 4.9 M | 57.9 M | 120 M | 67.8 M | 82.1 M | 83.5 M | 96 M | 52.8 M |
| TILE | 6 M | 38.7 M | 5.9 M | 48.3 M | 24.8 M | 72.4 M | 54.2 M | 53.2 M | 50.3 M | 79.2 M | (71.9 M) | 55.2 M | 19.6 M | 44.5 M | 86.9 M | 100 M | 105 M |
| MBC | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 100.7 M | 145.7 M | 182.6 M | 155.4 M | 182 M | 125.9 M | 144.8 M | 163.6 M |
| ARCO | (47.2 M) | 115.5 M | 114.3 M | 53.9 M | (109.3 M) | (51.6 M) | 78.8 M | 129.2 M | 36.8 M | 79.9 M | (149.5 M) | 45.5 M | 140.3 M | 181.3 M | 148.8 M | 171.1 M | 179.6 M |
| EVGO | (13.1 M) | (13.1 M) | (13.1 M) | (13.1 M) | (13.1 M) | (13.1 M) | (13.1 M) | (13.1 M) | (13.1 M) | (24.8 M) | (57.3 M) | (8.4 M) | (27.6 M) | (42.4 M) | (44.3 M) | (39.9 M) | (41.9 M) |
Tandy Leather Factory and related stocks such as ATRenew Inc DRC, Sally Beauty Holdings, and Newegg Commerce Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Tandy Leather Factory financial statement analysis. It represents the amount of money remaining after all of Tandy Leather Factory operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Tandy Leather Competitive Analysis
The better you understand Tandy Leather competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tandy Leather'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 Tandy Leather'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 |
Tandy Leather Competition Performance Charts
Five steps to successful analysis of Tandy Leather Competition
Tandy Leather'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 Tandy Leather Factory in relation to its competition. Tandy Leather's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Tandy Leather 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 Tandy Leather's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tandy Leather Factory, 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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Can Specialty Retail industry sustain growth momentum? Does Tandy have expansion opportunities? Factors like these will boost the valuation of Tandy Leather. If investors know Tandy 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 Tandy Leather demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 23.5 | Earnings Share 1.2 | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets |
The market value of Tandy Leather Factory is measured differently than its book value, which is the value of Tandy that is recorded on the company's balance sheet. Investors also form their own opinion of Tandy Leather's value that differs from its market value or its book value, called intrinsic value, which is Tandy Leather's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Tandy Leather's market value can be influenced by many factors that don't directly affect Tandy Leather'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 Tandy Leather's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandy Leather is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Tandy Leather's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.