Wex Competitors
| WEX Stock | USD 165.67 0.33 0.20% |
Wex vs Ingram Micro Correlation
Weak diversification
The correlation between Wex Inc and INGM is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wex Inc and INGM in the same portfolio, assuming nothing else is changed.
Moving together with Wex Stock
Moving against Wex Stock
| 0.68 | SABR | Sabre Corpo Earnings Call This Week | PairCorr |
| 0.58 | BROGF | BROGF | PairCorr |
| 0.5 | CPU | Computershare | PairCorr |
| 0.44 | EPGG | Empire Global Gaming | PairCorr |
| 0.36 | GBHPF | Global Hemp Group | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wex'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.
Wex Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Wex 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 Wex 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 Wex Inc 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 Wex Stock performing well and Wex 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 Wex'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ACIW | 1.43 | (0.41) | 0.00 | (0.39) | 0.00 | 2.93 | 12.00 | |||
| BOX | 1.52 | (0.50) | 0.00 | (0.52) | 0.00 | 2.76 | 12.81 | |||
| QLYS | 1.55 | (0.42) | 0.00 | (11.33) | 0.00 | 2.52 | 17.06 | |||
| CLSK | 5.23 | (0.77) | 0.00 | (0.15) | 0.00 | 13.79 | 37.07 | |||
| CWAN | 1.47 | 0.54 | 0.35 | 0.70 | 0.79 | 4.31 | 14.20 | |||
| FOUR | 1.84 | (0.33) | 0.00 | (0.10) | 0.00 | 5.14 | 14.71 | |||
| STNE | 2.53 | (0.23) | 0.00 | (0.03) | 0.00 | 5.33 | 15.52 | |||
| CORZ | 3.48 | (0.25) | 0.00 | (0.06) | 0.00 | 7.30 | 18.78 | |||
| S | 2.10 | (0.36) | 0.00 | (0.19) | 0.00 | 3.65 | 18.14 | |||
| INGM | 1.60 | (0.14) | (0.04) | 0.00 | 2.05 | 3.53 | 9.17 |
Cross Equities Net Income Analysis
Compare Wex Inc and related stocks such as ACI Worldwide, Box Inc, and Qualys Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACIW | (33.5 M) | 45.9 M | 48.8 M | 63.9 M | 67.6 M | 85.4 M | 129.5 M | 5.1 M | 68.9 M | 67.1 M | 72.7 M | 127.8 M | 142.2 M | 121.5 M | 203.1 M | 233.6 M | 245.3 M |
| BOX | (112.6 M) | (112.6 M) | (112.6 M) | (168.6 M) | (168.2 M) | (202.9 M) | (151.8 M) | (155 M) | (134.6 M) | (144.3 M) | (43.4 M) | (41.5 M) | 26.8 M | 129 M | 244.6 M | 281.3 M | 295.4 M |
| QLYS | 859 K | 2 M | 2.3 M | 1.6 M | 30.2 M | 15.9 M | 19.2 M | 40.4 M | 57.3 M | 69.3 M | 91.6 M | 71 M | 108 M | 151.6 M | 173.7 M | 198.3 M | 208.2 M |
| CLSK | (22 K) | (19.7 K) | (31.8 K) | (45.1 K) | (3.5 M) | (2.5 M) | (13.5 M) | (47 M) | (26.1 M) | (23.3 M) | (21.8 M) | (57.3 M) | (138.1 M) | (145.8 M) | 364.5 M | 419.1 M | 440.1 M |
| CWAN | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | (44.2 M) | (8.2 M) | (8 M) | (21.6 M) | 424.4 M | 488 M | 512.4 M |
| FOUR | (55.4 M) | (55.4 M) | (55.4 M) | (55.4 M) | (55.4 M) | (55.4 M) | (55.4 M) | (55.4 M) | (55.4 M) | (56.6 M) | (18.4 M) | (48.9 M) | 75.1 M | 86.2 M | 229.6 M | 264 M | 277.2 M |
| STNE | (119.8 M) | (119.8 M) | (119.8 M) | (119.8 M) | (119.8 M) | (119.8 M) | (119.8 M) | (108.7 M) | 301.2 M | 803.2 M | 854.1 M | (1.4 B) | (519.4 M) | 1.6 B | (1.5 B) | (1.4 B) | (1.3 B) |
| CORZ | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (12.2 M) | 47.3 M | (2.1 B) | (246.5 M) | (1.3 B) | (1.3 B) | (1.2 B) | (1.1 B) |
| S | (76.6 M) | (76.6 M) | (76.6 M) | (76.6 M) | (76.6 M) | (76.6 M) | (76.6 M) | (76.6 M) | (76.6 M) | (76.6 M) | (117.6 M) | (271.1 M) | (378.7 M) | (338.7 M) | (288.4 M) | (259.6 M) | (272.6 M) |
| INGM | 310.6 M | 310.6 M | 310.6 M | 310.6 M | 266.7 M | 215.1 M | 100.4 M | 199 M | 352.2 M | 503.6 M | 640.5 M | 475.2 M | 2.4 B | 352.7 M | 264.2 M | 303.9 M | 556.8 M |
Wex Inc and related stocks such as ACI Worldwide, Box Inc, and Qualys Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Wex Inc financial statement analysis. It represents the amount of money remaining after all of Wex Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Wex Competitive Analysis
The better you understand Wex competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Wex'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 Wex'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 |
Wex Competition Performance Charts
Five steps to successful analysis of Wex Competition
Wex'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 Wex Inc in relation to its competition. Wex's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Wex 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 Wex's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Wex Inc, 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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Additional Tools for Wex Stock Analysis
When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.