World Competitors
| WRLD Stock | USD 118.36 2.60 2.15% |
World Acceptance vs Mercantile Bank Correlation
Good diversification
The correlation between World Acceptance and MBWM is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding World Acceptance and MBWM in the same portfolio, assuming nothing else is changed.
Moving together with World Stock
Moving against World Stock
| 0.58 | CVX | Chevron Corp | PairCorr |
| 0.56 | PG | Procter Gamble | PairCorr |
| 0.51 | HD | Home Depot | PairCorr |
| 0.38 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.35 | VZ | Verizon Communications Aggressive Push | PairCorr |
World Acceptance Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between World Acceptance 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 World 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 World Acceptance 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 World Stock performing well and World Acceptance 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 World Acceptance'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LX | 2.29 | (0.49) | 0.00 | (0.84) | 0.00 | 4.10 | 34.72 | |||
| ATLC | 2.25 | (0.05) | (0.01) | 0.02 | 3.49 | 4.64 | 14.61 | |||
| QD | 2.28 | (0.70) | 0.00 | 6.31 | 0.00 | 3.37 | 17.86 | |||
| TRST | 1.24 | 0.26 | 0.14 | 0.32 | 1.39 | 2.88 | 12.39 | |||
| VEL | 1.19 | 0.16 | 0.07 | 0.61 | 1.44 | 2.83 | 12.39 | |||
| BFST | 1.21 | 0.26 | 0.22 | 0.32 | 0.93 | 2.72 | 8.85 | |||
| CCNE | 1.13 | 0.23 | 0.20 | 0.26 | 0.93 | 3.12 | 8.97 | |||
| HBNC | 1.21 | 0.18 | 0.13 | 0.21 | 1.25 | 2.98 | 11.15 | |||
| HTB | 1.16 | 0.16 | 0.08 | 1.11 | 1.32 | 2.66 | 9.13 | |||
| MBWM | 1.21 | 0.30 | 0.24 | 0.36 | 0.98 | 3.78 | 9.88 |
Cross Equities Net Income Analysis
Compare World Acceptance and related stocks such as Lexinfintech Holdings, Atlanticus Holdings, and Qudian Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LX | (310.2 M) | (310.2 M) | (310.2 M) | (310.2 M) | (310.2 M) | (310.2 M) | (117.9 M) | 240.4 M | 2 B | 2.3 B | 595 M | 2.3 B | 819.8 M | 1.1 B | 1.1 B | 1.3 B | 1.1 B |
| ATLC | 25.4 M | 134 M | 24.5 M | (17.7 M) | 7.2 M | 1.7 M | (6.3 M) | (40.8 M) | 7.9 M | 26.4 M | 94.1 M | 177.9 M | 135.6 M | 102.8 M | 111.3 M | 128 M | 134.4 M |
| TRST | 4.9 M | 33.1 M | 37.5 M | 39.8 M | 44.2 M | 42.2 M | 42.6 M | 43.1 M | 61.4 M | 57.8 M | 52.5 M | 61.5 M | 75.2 M | 58.6 M | 48.8 M | 61.1 M | 40.8 M |
| VEL | (6.3 M) | (6.3 M) | (6.3 M) | (6.3 M) | (6.3 M) | 7.2 M | 6.8 M | 14 M | 7.6 M | 17.3 M | 17.8 M | 29.2 M | 32.2 M | 52.3 M | 68.4 M | 78.7 M | 82.6 M |
| BFST | 3.8 M | 3.8 M | 3.8 M | 4.3 M | 4 M | 4.1 M | 5.1 M | 4.8 M | 14.1 M | 23.8 M | 30 M | 52.1 M | 54.3 M | 71 M | 65.1 M | 87.9 M | 92.3 M |
| CCNE | 3.8 M | 15.1 M | 17.1 M | 16.7 M | 23.1 M | 22.2 M | 20.5 M | 23.9 M | 33.7 M | 40.1 M | 32.7 M | 57.7 M | 63.2 M | 58 M | 54.6 M | 66.1 M | 69.4 M |
| HBNC | 3 M | 12.8 M | 19.5 M | 19.9 M | 18.1 M | 20.5 M | 23.9 M | 33.1 M | 53.1 M | 66.5 M | 68.5 M | 87.1 M | 93.4 M | 28 M | 35.4 M | (150.5 M) | (143 M) |
| HTB | 7 M | 4.5 M | 9.1 M | 10.3 M | 8 M | 11.5 M | 11.8 M | 8.2 M | 27.1 M | 22.8 M | 15.7 M | 35.7 M | 44.6 M | 50 M | 54.8 M | 63 M | 66.2 M |
| MBWM | (1.1 M) | 37.5 M | 12.5 M | 17 M | 17.3 M | 27 M | 31.9 M | 31.3 M | 42 M | 49.5 M | 44.1 M | 59 M | 61.1 M | 82.2 M | 79.6 M | 88.8 M | 93.2 M |
World Acceptance and related stocks such as Lexinfintech Holdings, Atlanticus Holdings, and Qudian Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in World Acceptance financial statement analysis. It represents the amount of money remaining after all of World Acceptance operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.World Acceptance Competitive Analysis
The better you understand World Acceptance competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, World Acceptance'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 World Acceptance'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 |
World Acceptance Competition Performance Charts
Five steps to successful analysis of World Acceptance Competition
World Acceptance'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 World Acceptance in relation to its competition. World Acceptance's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of World Acceptance 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 World Acceptance's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to World Acceptance, 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 World Acceptance Correlation with its peers. For information on how to trade World Stock refer to our How to Trade World Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Will Consumer Finance sector continue expanding? Could World diversify its offerings? Factors like these will boost the valuation of World Acceptance. Anticipated expansion of World directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every World Acceptance data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.86) | Earnings Share 7.75 | Revenue Per Share | Quarterly Revenue Growth 0.019 | Return On Assets |
The market value of World Acceptance is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Acceptance's value that differs from its market value or its book value, called intrinsic value, which is World Acceptance's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because World Acceptance's market value can be influenced by many factors that don't directly affect World Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, World Acceptance's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.