Webco Competitors
| WEBC Stock | USD 266.00 0.99 0.37% |
Webco Industries vs Nano One Correlation
Excellent diversification
The correlation between Webco Industries and NNOMF is -0.69 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Webco Industries and NNOMF in the same portfolio, assuming nothing else is changed.
Moving together with Webco Pink Sheet
Moving against Webco Pink Sheet
Webco Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Webco Industries and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Webco 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 Webco Industries does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Webco Pink Sheet performing well and Webco Industries 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 Webco Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GRRLF | 1.93 | 0.51 | 0.00 | 1.76 | 0.00 | 5.56 | 41.05 | |||
| DNGDF | 2.02 | 0.73 | 0.24 | (1.94) | 1.71 | 5.14 | 16.08 | |||
| JUBPF | 3.09 | 1.29 | 0.00 | 2.00 | 0.00 | 20.00 | 45.00 | |||
| CBUMY | 0.80 | (0.01) | 0.00 | 0.12 | 0.00 | 0.00 | 48.15 | |||
| FRACF | 1.50 | 0.62 | 0.20 | (0.51) | 0.54 | 2.82 | 16.77 | |||
| SYYYF | 1.75 | (0.86) | 0.00 | 0.86 | 0.00 | 0.00 | 52.22 | |||
| SBWFF | 2.76 | 0.04 | 0.00 | 0.03 | 0.00 | 10.00 | 21.11 | |||
| CEXPF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ECGFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NNOMF | 3.27 | (0.58) | 0.00 | (0.20) | 0.00 | 6.67 | 35.05 |
Webco Industries Competitive Analysis
The better you understand Webco Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Webco Industries' 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 Webco Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Webco Industries Competition Performance Charts
Five steps to successful analysis of Webco Industries Competition
Webco Industries' 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 Webco Industries in relation to its competition. Webco Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Webco Industries 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 Webco Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Webco Industries, 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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Other Information on Investing in Webco Pink Sheet
Webco Industries financial ratios help investors to determine whether Webco Pink Sheet 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 Webco with respect to the benefits of owning Webco Industries security.