Tirex Competitors
| TXMC Stock | USD 0.0001 0.00 0.00% |
Tirex Corp vs Northrop Grumman Correlation
The current year's Return On Tangible Assets is expected to grow to -21.78. In addition to that, Return On Capital Employed is expected to decline to 0.02. The current year's Debt To Assets is expected to grow to 137.86, whereas Total Assets are forecasted to decline to 0.86.Tirex Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tirex Corp 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 Tirex 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 Tirex Corp 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 Tirex Stock performing well and Tirex Corp 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 Tirex Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EMR | 1.44 | 0.05 | 0.06 | 0.11 | 1.82 | 3.43 | 9.23 | |||
| HWM | 1.35 | 0.04 | 0.03 | 0.12 | 1.44 | 3.27 | 7.17 | |||
| TT | 1.23 | (0.03) | (0.03) | 0.04 | 1.46 | 2.42 | 9.37 | |||
| ITW | 0.96 | 0.23 | 0.17 | 0.33 | 0.85 | 2.77 | 6.22 | |||
| ADP | 0.93 | (0.20) | 0.00 | (0.25) | 0.00 | 1.69 | 7.52 | |||
| GD | 1.02 | 0.01 | 0.00 | 0.09 | 1.26 | 2.28 | 7.72 | |||
| CMI | 1.60 | 0.31 | 0.14 | 0.26 | 2.23 | 2.87 | 16.11 | |||
| MMM | 1.20 | 0.01 | 0.01 | 0.09 | 1.75 | 2.33 | 9.29 | |||
| NOC | 1.23 | 0.29 | 0.15 | 0.64 | 1.32 | 2.91 | 9.88 |
Cross Equities Net Income Analysis
Compare Tirex Corp and related stocks such as Emerson Electric, Howmet Aerospace, and Trane Technologies plc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMR | 401.1 M | 2 B | 2 B | 2.1 B | 2.7 B | 1.6 B | 1.5 B | 2.2 B | 2.3 B | 2 B | 2.3 B | 3.2 B | 13.2 B | 2 B | 2.3 B | 2.6 B | 1.9 B |
| HWM | 938 M | 611 M | 162 M | (2.2 B) | 268 M | (322 M) | (941 M) | (74 M) | 642 M | 470 M | 211 M | 258 M | 469 M | 765 M | 1.2 B | 1 B | 1.1 B |
| TT | 79.6 M | 426.1 M | 1 B | 618.8 M | 931.7 M | 664.6 M | 1.5 B | 1.3 B | 1.3 B | 1.4 B | 854.9 M | 1.4 B | 1.8 B | 2 B | 2.6 B | 2.9 B | 3.1 B |
| ITW | 31.5 M | 2.1 B | 2.9 B | 1.7 B | 2.9 B | 1.9 B | 2 B | 1.7 B | 2.6 B | 2.5 B | 2.1 B | 2.7 B | 3 B | 3 B | 3.5 B | 3.1 B | 3.2 B |
| ADP | 106 M | 1.4 B | 1.4 B | 1.5 B | 1.5 B | 1.5 B | 1.7 B | 1.6 B | 2.3 B | 2.5 B | 2.6 B | 2.9 B | 3.4 B | 3.8 B | 4.1 B | 4.7 B | 4.9 B |
| GD | 388.3 M | 2.5 B | (332 M) | 2.4 B | 2.5 B | 3 B | 2.6 B | 2.9 B | 3.3 B | 3.5 B | 3.2 B | 3.3 B | 3.4 B | 3.3 B | 3.8 B | 4.2 B | 4.4 B |
| CMI | 50.4 M | 1.8 B | 1.6 B | 1.5 B | 1.7 B | 1.4 B | 1.4 B | 999 M | 2.1 B | 2.3 B | 1.8 B | 2.1 B | 2.2 B | 735 M | 3.9 B | 2.8 B | 3 B |
| MMM | 664 M | 4.3 B | 4.4 B | 4.7 B | 5 B | 4.8 B | 5 B | 4.9 B | 5.3 B | 4.6 B | 5.4 B | 5.9 B | 5.8 B | (7 B) | 4.2 B | 3.2 B | 3 B |
| NOC | 214.4 M | 2.1 B | 2 B | 2 B | 2.1 B | 2 B | 2.2 B | 2 B | 3.2 B | 2.2 B | 3.2 B | 7 B | 4.9 B | 2.1 B | 4.2 B | 4.2 B | 4.4 B |
Tirex Corp and related stocks such as Emerson Electric, Howmet Aerospace, and Trane Technologies plc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Tirex Corp financial statement analysis. It represents the amount of money remaining after all of Tirex Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Tirex Corp Competitive Analysis
The better you understand Tirex Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tirex Corp'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 Tirex Corp'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 |
Tirex Corp Competition Performance Charts
Five steps to successful analysis of Tirex Corp Competition
Tirex Corp'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 Tirex Corp in relation to its competition. Tirex Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Tirex Corp 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 Tirex Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tirex Corp, 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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Will Industrial Machinery & Supplies & Components sector continue expanding? Could Tirex diversify its offerings? Factors like these will boost the valuation of Tirex Corp. If investors know Tirex will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tirex Corp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Tirex Corp's market price often diverges from its book value, the accounting figure shown on Tirex's balance sheet. Smart investors calculate Tirex Corp's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Tirex Corp'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 Tirex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tirex Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tirex Corp'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.