ONEOK Competition

Bonds . USA . 
Bond . ONEOK INC NEW
682680AV5   84.12  6.33  7.00%   
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
82.7284.1285.52
Details
Intrinsic
Valuation
LowRealHigh
75.7185.9787.38
Details
Naive
Forecast
LowNextHigh
79.7581.1582.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
75.9684.6193.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ONEOK. Your research has to be compared to or analyzed against ONEOK's peers to derive any actionable benefits. When done correctly, ONEOK's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ONEOK INC NEW.

ONEOK Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ONEOK and its competitors represents the degree of relationship between the price movements of corresponding bonds. A correlation of about +1.0 implies that the price of ONEOK 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 ONEOK INC NEW does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ASLE
+ 0.84
AL
BKH
+ 0.66
AL
ASLE
+ 0.65
BKH
CTRRF
+ 0.57
MTG
CTRRF
+ 0.4
DINO
MTG
+ 0.38
DINO
  
High negative correlations   
CTRRF
- 0.65
ASLE
CTRRF
- 0.65
AL
ASLE
- 0.58
DINO
CHCI
- 0.54
DINO
DINO
- 0.35
AL
ASLE
- 0.27
MTG

Risk-Adjusted Indicators

There is a big difference between ONEOK Bond performing well and ONEOK Corporate Bond 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 ONEOK'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.
All Fundamental Data

ONEOK Competitive Analysis

The better you understand ONEOK competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ONEOK'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 ONEOK'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
682680AV5 AL BKH DINO MTG ASLE CTRRF CHCI
 7.00 
 84.12 
ONEOK
 1.69 
 50.64 
Air
 1.61 
 64.31 
Black
 0.81 
 42.37 
DINO
 2.12 
 25.50 
MGIC
 2.66 
 6.57 
AerSale
 0.00 
 10.37 
CTRRF
 6.12 
 9.05 
Comstock
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Somewhat reliable
Somewhat reliable
Slightly risky
Market Performance
(90 Days Performance)
Very Weak
OK
Good
Very Weak
Weak
Good
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Below Average
Below Average
Low
Very Low
Low
Low
Very Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Fairly Valued
Under Valued
Over Valued
Under Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Buy
Buy
Buy
Buy
Buy
Not Available
Strong Sell
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Hold
Strong Buy
Strong Hold
Buy
Hold
Cautious Hold
Strong Sell
Current Ratio
N/A
0.90 X
0.97 X
1.89 X
2.68 X
6.77 X
0.19 X
1.40 X
Net Asset
N/A
30.45 B
9.62 B
17.72 B
6.47 B
553.94 M
6.5 B
49.94 M
Profit Margin
N/A
0.20 %
0.12 %
0.01 %
0.64 %
0 %
0.32 %
0.13 %
EBITDA
N/A
2.53 B
725.1 M
3.12 B
902.23 M
48 K
562.58 M
9.38 M
Operating Margin
N/A
0.50 %
0.19 %
(0.02) %
0.86 %
0.02 %
0.76 %
0.22 %
Current Valuation
N/A
25.34 B
8.86 B
9.85 B
6.82 B
445.25 M
3.68 B
74.93 M
Price To Book
N/A
0.73 X
1.34 X
0.83 X
1.22 X
0.77 X
2.25 X
2.15 X
Retained Earnings
N/A
3.87 B
1.16 B
5.38 B
4.59 B
133.27 M
N/A
(162.33 M)
Current Asset
N/A
1.24 B
822.15 M
N/A
N/A
N/A
N/A
11.56 M
Five Year Return
N/A
1.40 %
3.17 %
N/A
N/A
N/A
N/A
N/A
Beta
N/A
1.6
0.68
1.16
1.27
0.23
0.91
0.76
Number Of Employees
N/A
163
2.87 K
5.22 K
627
707
58
172
Shares Outstanding
N/A
111.38 M
71.57 M
188.15 M
253.36 M
53.21 M
107.39 M
9.67 M
Cash Flow From Operations
N/A
1.75 B
944.4 M
2.3 B
712.96 M
(174.15 M)
407.2 M
9 M
Annual Yield
N/A
0.02 %
0.04 %
0.05 %
0.02 %
N/A
0.05 %
N/A
Total Debt
N/A
19.18 B
4.4 B
3.1 B
643.2 M
37.53 M
986.84 M
7.13 M
Return On Equity
N/A
0.0732
0.0783
0.0357
0.15
9.0E-4
0.1
0.16
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
1.2
N/A
Return On Asset
N/A
0.0281
0.03
0.0156
0.096
0.0041
0.0383
0.0904
Number Of Shares Shorted
N/A
3.13 M
2.49 M
7.71 M
8.73 M
3.02 M
N/A
17.58 K
Book Value Per Share
N/A
68.92 X
48.15 X
51.04 X
20.66 X
8.49 X
7.18 X
4.22 X
Current Liabilities
N/A
1.07 B
422.03 M
532 K
N/A
N/A
N/A
12.92 M
Total Asset
N/A
30.45 B
9.62 B
17.72 B
6.47 B
553.94 M
6.5 B
49.94 M
Debt To Equity
N/A
2.85 %
1.50 %
0.38 %
0.20 %
N/A
0.74 %
0.54 %
Short Ratio
N/A
4.96 X
5.61 X
3.81 X
6.83 X
5.02 X
N/A
0.42 X
Target Price
N/A
57.57
63.83
51.59
26.21
7.33
N/A
7.0
Last Dividend Paid
N/A
0.84
2.58
1.95
0.48
N/A
0.86
N/A
Shares Owned By Institutions
N/A
99.13 %
86.71 %
82.67 %
97.67 %
66.84 %
14.74 %
7.58 %
Market Capitalization
N/A
5.64 B
4.6 B
7.97 B
6.46 B
349.59 M
2.82 B
89.5 M
Price To Earning
N/A
8.71 X
19.38 X
7.21 X
10.50 X
20.32 X
39.70 X
18.21 X
Price To Earnings To Growth
N/A
0.91 X
3.26 X
42.24 X
1.54 X
N/A
N/A
N/A
Price To Sales
N/A
2.06 X
2.17 X
0.27 X
5.43 X
1.01 X
5.10 X
1.97 X
Net Income
N/A
614.62 M
262.2 M
1.71 B
712.95 M
(5.56 M)
208.17 M
7.78 M
Earnings Per Share
N/A
4.39 X
3.69 X
1.73 X
2.83 X
(0.02) X
1.00 X
0.59 X
Shares Owned By Insiders
N/A
6.51 %
0.55 %
8.96 %
1.40 %
21.50 %
31.70 %
65.48 %
Revenue
N/A
2.68 B
2.33 B
31.96 B
1.16 B
334.5 M
514.54 M
44.72 M
Working Capital
N/A
(843.51 M)
(358.5 M)
3.37 B
N/A
219.06 M
N/A
18.01 M
Cash And Equivalents
N/A
766.42 M
21.43 M
1.7 B
327.38 M
200.45 M
22.97 M
8.43 M
Cash Per Share
N/A
9.13 X
0.16 X
7.85 X
1.35 X
3.88 X
0.10 X
0.88 X
Gross Profit
N/A
1.35 B
772.84 M
5.14 B
1.2 B
152.25 M
407.25 M
11.35 M
Day Typical Price
84.12
50.32
64.23
42.4
25.36
6.5
10.37
9.3
Accumulation Distribution
N/A
0.025
0.0168
0.0242
0.0192
0.0364
N/A
0.0756
Market Facilitation Index
N/A
1.27
1.09
1.04
0.49
0.24
N/A
0.74
Daily Balance Of Power
(9,223,372,036,855)
0.6614
0.9358
0.3269
1.081633
0.7083
0.0
(0.80)
Period Momentum Indicator
(6.33)
0.84
1.02
0.34
0.53
0.17
N/A
(0.59)
Rate Of Daily Change
0.93
1.02
1.02
1.01
1.02
1.03
1.0
0.94
Day Median Price
84.12
50.17
64.19
42.42
25.3
6.47
10.37
9.42
Price Action Indicator
(3.16)
0.9
0.63
0.12
0.47
0.19
N/A
(0.66)
Relative Strength Index
68.8
67.85
18.79
26.77
16.23
58.36
37.81
57.59
Coefficient Of Variation
(1,955)
824.7
580.79
(1,759)
1495.08
702.4
8650.53
941.8
Mean Deviation
1.16
1.25
0.8755
1.57
1.08
2.28
0.8945
3.62
Jensen Alpha
(0.17)
(0.01)
0.0909
(0.29)
(0.03)
0.2176
(0.03)
0.583
Total Risk Alpha
(0.52)
(0.07)
0.0059
(0.49)
(0.15)
(0.06)
(0.44)
(0.25)
Sortino Ratio
N/A
0.0468
0.0668
N/A
(0.02)
0.1075
(0.01)
0.0813
Downside Variance
N/A
2.18
0.6772
N/A
3.32
8.08
62.23
21.16
Standard Deviation
2.44
1.65
1.08
2.22
1.49
3.07
2.94
4.76
Kurtosis
17.62
1.58
(0.28)
1.27
3.4
0.6726
30.94
0.3916
Potential Upside
1.81
2.92
2.11
3.44
2.12
6.59
2.17
9.41
Treynor Ratio
(0.50)
0.116
0.2503
(0.10)
0.0923
0.2466
0.0557
(0.68)
Maximum Drawdown
12.67
7.58
4.11
11.79
8.56
15.01
31.26
22.6
Variance
5.93
2.72
1.16
4.91
2.23
9.4
8.65
22.61
Market Risk Adjusted Performance
(0.49)
0.126
0.2603
(0.09)
0.1023
0.2566
0.0657
(0.67)
Risk Adjusted Performance
(0.03)
0.0983
0.1349
(0.04)
0.0562
0.1167
0.0163
0.0898
Skewness
1.32
(0)
0.4282
0.0383
(0.89)
0.1851
(3.00)
0.145
Semi Deviation
N/A
1.34
0.6193
N/A
1.66
2.35
2.65
4.24
Information Ratio
(0.10)
0.0419
0.051
(0.12)
(0.02)
0.0997
(0.03)
0.0787
Value At Risk
(2.78)
(2.41)
(1.31)
(4.36)
(2.36)
(5.14)
(1.87)
(6.59)
Expected Short fall
N/A
(1.48)
(1.10)
N/A
(0.99)
(2.77)
(2.49)
(3.90)
Downside Deviation
N/A
1.48
0.8229
N/A
1.82
2.84
7.89
4.6
Semi Variance
N/A
1.79
0.3835
N/A
2.75
5.52
7.01
17.99

ONEOK Competition Performance Charts

Five steps to successful analysis of ONEOK Competition

ONEOK'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 ONEOK INC NEW in relation to its competition. ONEOK's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of ONEOK 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 ONEOK's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ONEOK INC NEW, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your ONEOK position

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Steel Works Etc Theme
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Other Information on Investing in ONEOK Bond

ONEOK financial ratios help investors to determine whether ONEOK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ONEOK with respect to the benefits of owning ONEOK security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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