WESCO Competitors
| WCC Stock | USD 294.16 4.73 1.63% |
WESCO International vs Graco Correlation
Poor diversification
The correlation between WESCO International and GGG is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WESCO International and GGG in the same portfolio, assuming nothing else is changed.
Moving together with WESCO Stock
Moving against WESCO Stock
| 0.73 | MSFT | Microsoft | PairCorr |
| 0.44 | FSTF | First State Financial | PairCorr |
| 0.38 | T | ATT Inc Earnings Call This Week | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WESCO International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
WESCO International Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between WESCO International 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 WESCO 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 WESCO International does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between WESCO Stock performing well and WESCO International 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 WESCO International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WSO | 1.41 | 0.06 | 0.05 | 0.07 | 1.40 | 4.05 | 7.55 | |||
| IEX | 1.01 | 0.22 | 0.22 | 0.22 | 0.73 | 2.68 | 6.54 | |||
| NDSN | 0.83 | 0.18 | 0.18 | 0.23 | 0.71 | 2.33 | 4.63 | |||
| CNM | 1.66 | (0.07) | (0.02) | 0.00 | 1.90 | 3.47 | 11.37 | |||
| BLDR | 2.14 | (0.16) | 0.00 | (0.03) | 0.00 | 5.94 | 15.38 | |||
| AIT | 1.07 | (0.03) | (0.02) | 0.01 | 1.75 | 2.64 | 9.70 | |||
| HII | 1.62 | 0.48 | 0.28 | 0.44 | 1.26 | 4.34 | 10.50 | |||
| LECO | 1.22 | 0.09 | 0.07 | 0.09 | 1.51 | 2.53 | 7.77 | |||
| GGG | 0.87 | 0.06 | 0.05 | 0.09 | 1.11 | 2.46 | 6.74 |
Cross Equities Net Income Analysis
Compare WESCO International and related stocks such as Watsco Inc, IDEX, and Nordson Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WSO | 1000 K | 90.5 M | 103.3 M | 127.7 M | 151.4 M | 172.9 M | 182.8 M | 208.2 M | 242.9 M | 245.9 M | 269.6 M | 418.9 M | 601.2 M | 536.3 M | 536.3 M | 616.7 M | 647.6 M |
| IEX | 10.7 M | 193.9 M | 37.6 M | 255.2 M | 279.4 M | 282.8 M | 271.1 M | 337.3 M | 410.6 M | 425.5 M | 377.8 M | 449.4 M | 586.9 M | 596.1 M | 505 M | 580.8 M | 609.8 M |
| NDSN | 9.7 M | 224.8 M | 221.8 M | 246.8 M | 211.1 M | 271.8 M | 295.8 M | 377.4 M | 337.1 M | 249.5 M | 454.4 M | 513.1 M | 487.5 M | 467.3 M | 484.5 M | 557.1 M | 585 M |
| CNM | 36.6 M | 36.6 M | 36.6 M | 36.6 M | 36.6 M | 36.6 M | 36.6 M | 36.6 M | 36.6 M | 36 M | 37 M | 166 M | 366 M | 371 M | 411 M | 472.6 M | 496.3 M |
| BLDR | 1.5 M | (65 M) | (56.9 M) | (42.7 M) | 18.1 M | (22.8 M) | 144.3 M | 38.8 M | 205.2 M | 221.8 M | 313.5 M | 1.7 B | 2.7 B | 1.5 B | 1.1 B | 1.2 B | 1.3 B |
| AIT | 2.2 M | 108.8 M | 118.1 M | 112.8 M | 115.5 M | 29.6 M | 133.9 M | 141.6 M | 144 M | 24 M | 144.8 M | 257.4 M | 346.7 M | 385.8 M | 393 M | 451.9 M | 474.5 M |
| HII | 124 M | (94 M) | 146 M | 261 M | 338 M | 404 M | 573 M | 479 M | 836 M | 549 M | 696 M | 544 M | 579 M | 681 M | 550 M | 632.5 M | 467.3 M |
| LECO | 48 M | 217.2 M | 257.4 M | 293.8 M | 254.7 M | 127.5 M | 198.4 M | 247.5 M | 287.1 M | 293.1 M | 206.1 M | 276.6 M | 472.2 M | 545.2 M | 466.1 M | 536 M | 562.8 M |
| GGG | 4 M | 142.3 M | 149.1 M | 210.8 M | 225.6 M | 345.7 M | 40.7 M | 252.4 M | 341.1 M | 343.9 M | 330.5 M | 439.9 M | 460.6 M | 506.5 M | 486.1 M | 521.8 M | 547.9 M |
WESCO International and related stocks such as Watsco Inc, IDEX, and Nordson Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in WESCO International financial statement analysis. It represents the amount of money remaining after all of WESCO International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.WESCO International Competitive Analysis
The better you understand WESCO International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, WESCO International'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 WESCO International'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 |
WESCO International Competition Performance Charts
Five steps to successful analysis of WESCO International Competition
WESCO International'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 WESCO International in relation to its competition. WESCO International's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of WESCO International 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 WESCO International's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to WESCO International, 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 WESCO International Correlation with its peers. For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Will Trading Companies & Distributors sector continue expanding? Could WESCO diversify its offerings? Factors like these will boost the valuation of WESCO International. Anticipated expansion of WESCO directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every WESCO International data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.01) | Dividend Share 1.773 | Earnings Share 12.62 | Revenue Per Share | Quarterly Revenue Growth 0.129 |
Understanding WESCO International requires distinguishing between market price and book value, where the latter reflects WESCO's accounting equity. The concept of intrinsic value—what WESCO International's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push WESCO International's price substantially above or below its fundamental value.
Please note, there is a significant difference between WESCO International's value and its price as these two are different measures arrived at by different means. Investors typically determine if WESCO International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, WESCO International's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.