Ubiquiti Competitors
| UI Stock | USD 551.42 0.00 0.00% |
Ubiquiti Networks vs Garmin Correlation
Very weak diversification
The correlation between Ubiquiti Networks and GRMN is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ubiquiti Networks and GRMN in the same portfolio, assuming nothing else is changed.
Moving against Ubiquiti Stock
| 0.71 | IRNRF | Iron Road Limited | PairCorr |
| 0.62 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.53 | GSTX | Graphene Solar Techn | PairCorr |
| 0.49 | ET | Evertz Technologies | PairCorr |
| 0.43 | TLIK | TELES Informationstech | PairCorr |
Ubiquiti Networks Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ubiquiti Networks 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 Ubiquiti 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 Ubiquiti Networks 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 Ubiquiti Stock performing well and Ubiquiti Networks 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 Ubiquiti Networks' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NOK | 2.10 | 0.05 | 0.01 | 0.10 | 2.92 | 3.93 | 31.94 | |||
| MPWR | 1.91 | (0.01) | 0.01 | 0.03 | 2.88 | 3.91 | 9.88 | |||
| EA | 0.14 | 0.02 | (0.12) | 0.28 | 0.00 | 0.31 | 0.80 | |||
| TTWO | 1.18 | (0.22) | 0.00 | (0.94) | 0.00 | 2.27 | 9.50 | |||
| CLS | 3.84 | (0.05) | 0.00 | 0.01 | 5.61 | 7.89 | 28.27 | |||
| ERIC | 1.20 | 0.21 | 0.12 | 1.22 | 1.33 | 3.50 | 10.94 | |||
| XYZ | 2.06 | (0.46) | 0.00 | (0.23) | 0.00 | 2.79 | 14.15 | |||
| HPE | 1.60 | (0.20) | 0.00 | (0.12) | 0.00 | 2.75 | 9.60 | |||
| FICO | 1.65 | (0.24) | 0.00 | (0.16) | 0.00 | 3.93 | 9.68 | |||
| GRMN | 1.17 | (0.36) | 0.00 | (0.27) | 0.00 | 2.07 | 11.48 |
Cross Equities Net Income Analysis
Compare Ubiquiti Networks and related stocks such as Nokia Corp ADR, Monolithic Power Systems, and Electronic Arts Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NOK | 397.8 M | (1.2 B) | (3.1 B) | (615 M) | 3.5 B | 2.5 B | (766 M) | (1.5 B) | (335 M) | 7 M | (2.5 B) | 1.6 B | 4.2 B | 665 M | 1.3 B | 604.2 M | 574 M |
| MPWR | (1.3 M) | 13.3 M | 15.8 M | 22.9 M | 35.5 M | 35.2 M | 52.7 M | 65.2 M | 105.3 M | 108.8 M | 164.4 M | 242 M | 437.7 M | 427.4 M | 1.8 B | 2.1 B | 2.2 B |
| EA | 6 M | 76 M | 98 M | 8 M | 875 M | 1.2 B | 967 M | 1 B | 1 B | 3 B | 837 M | 789 M | 802 M | 1.3 B | 1.1 B | 1.3 B | 1.4 B |
| TTWO | (4.2 M) | (108.8 M) | (29.5 M) | 361.6 M | (279.5 M) | (8.3 M) | 67.3 M | 173.5 M | 333.8 M | 404.5 M | 588.9 M | 418 M | (1.1 B) | (3.7 B) | (4.5 B) | (4 B) | (3.8 B) |
| CLS | (6.9 M) | 192.3 M | 117.7 M | 118 M | 108.2 M | 66.9 M | 138.3 M | 105.5 M | 98.9 M | 70.3 M | 60.6 M | 103.9 M | 180.1 M | 244.4 M | 428 M | 847.1 M | 889.4 M |
| ERIC | 565 M | 12.9 B | 5.6 B | 12 B | 11.9 B | 13.5 B | 1.8 B | (31.9 B) | (6.8 B) | 2.1 B | 15.6 B | 23.9 B | 18.9 B | (25.1 B) | 20.9 M | 26.7 B | 28.1 B |
| XYZ | (85.2 M) | (85.2 M) | (85.2 M) | (104.5 M) | (154.1 M) | (179.8 M) | (171.6 M) | (62.8 M) | (38.5 M) | 375.4 M | 213.1 M | 166.3 M | (540.7 M) | 9.8 M | 2.9 B | 3.3 B | 3.5 B |
| HPE | (14.8 B) | (14.8 B) | 2.1 B | 1.6 B | 2.5 B | 3.2 B | 344 M | 1.9 B | 1 B | (322 M) | 3.4 B | 868 M | 2 B | 2.6 B | 57 M | 65.5 M | 62.3 M |
| FICO | 1.6 M | 92 M | 90.1 M | 94.9 M | 86.5 M | 109.4 M | 128.3 M | 142.4 M | 192.1 M | 236.4 M | 392.1 M | 373.5 M | 429.4 M | 512.8 M | 651.9 M | 749.7 M | 787.2 M |
| GRMN | 64.2 M | 520.9 M | 542.4 M | 612.4 M | 364.2 M | 456.2 M | 510.8 M | 695 M | 694.1 M | 952.5 M | 992.3 M | 1.1 B | 973.6 M | 1.3 B | 1.4 B | 1.6 B | 1.7 B |
Ubiquiti Networks and related stocks such as Nokia Corp ADR, Monolithic Power Systems, and Electronic Arts Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ubiquiti Networks financial statement analysis. It represents the amount of money remaining after all of Ubiquiti Networks operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ubiquiti Networks Competitive Analysis
The better you understand Ubiquiti Networks competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ubiquiti Networks' 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 Ubiquiti Networks' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Ubiquiti Networks Competition Performance Charts
Five steps to successful analysis of Ubiquiti Networks Competition
Ubiquiti Networks' 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 Ubiquiti Networks in relation to its competition. Ubiquiti Networks' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ubiquiti Networks 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 Ubiquiti Networks' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ubiquiti Networks, 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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Check out Ubiquiti Networks Correlation with its peers. For more detail on how to invest in Ubiquiti Stock please use our How to Invest in Ubiquiti Networks guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is there potential for Communications Equipment market expansion? Will Ubiquiti introduce new products? Factors like these will boost the valuation of Ubiquiti Networks. If investors know Ubiquiti will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Ubiquiti Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.621 | Dividend Share 2.8 | Earnings Share 12.74 | Revenue Per Share | Quarterly Revenue Growth 0.333 |
Ubiquiti Networks's market price often diverges from its book value, the accounting figure shown on Ubiquiti's balance sheet. Smart investors calculate Ubiquiti Networks' intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Ubiquiti Networks' 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 Ubiquiti Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ubiquiti Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ubiquiti Networks' 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.