Westshore Competitors
| WTE Stock | CAD 24.01 0.35 1.48% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Westshore Terminals competition on your existing holdings.
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Westshore Terminals Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Westshore Terminals 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 Westshore 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 Westshore Terminals does not affect the price movement of the other competitor.
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Risk-Adjusted Indicators
There is a big difference between Westshore Stock performing well and Westshore Terminals 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 Westshore Terminals' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MTL | 0.95 | 0.10 | 0.02 | 0.49 | 0.86 | 2.14 | 10.97 | |||
| RBA | 1.08 | 0.24 | 0.13 | 0.97 | 0.91 | 2.84 | 8.18 | |||
| WPK | 0.73 | 0.14 | 0.01 | (1.31) | 0.76 | 1.95 | 6.20 | |||
| NWC | 1.01 | 0.23 | 0.14 | 1.44 | 0.63 | 2.37 | 8.86 | |||
| AIF | 0.96 | 0.07 | (0.02) | 0.53 | 1.02 | 2.24 | 6.14 |
Cross Equities Net Income Analysis
Compare Westshore Terminals and related stocks such as Mullen Group, Ritchie Bros Auctioneers, and Winpak Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MTL | 11.6 M | 119.4 M | 130.9 M | 143.3 M | 94.6 M | 13.4 M | 52 M | 65.5 M | (43.8 M) | 72.2 M | 64 M | 72.4 M | 158.6 M | 136.7 M | 143.6 M |
| RBA | 2.4 M | 76.6 M | 79.5 M | 93.8 M | 91.5 M | 136.2 M | 91.8 M | 75 M | 121.5 M | 149 M | 170.1 M | 119.1 M | 319.7 M | 155.7 M | 92.9 M |
| WPK | (8.7 M) | 63.8 M | 72.4 M | 71.4 M | 78.4 M | 99.2 M | 104.3 M | 119.3 M | 108.9 M | 114.8 M | 106.3 M | 103.8 M | 128.3 M | 148.1 M | 155.5 M |
| NWC | 17.2 M | 58 M | 65.1 M | 64.3 M | 62.9 M | 69.8 M | 77.1 M | 67.2 M | 86.7 M | 82.7 M | 139.9 M | 154.8 M | 122.2 M | 129.4 M | 65.6 M |
| AIF | 4 M | (18.3 M) | (12.7 M) | 18.6 M | 13.2 M | 9.2 M | 14.3 M | 110.1 M | (18.4 M) | 18.2 M | 21.4 M | 25.7 M | (889 K) | 10.2 M | 10.8 M |
Westshore Terminals and related stocks such as Mullen Group, Ritchie Bros Auctioneers, and Winpak Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Westshore Terminals financial statement analysis. It represents the amount of money remaining after all of Westshore Terminals Investment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Westshore Terminals Competitive Analysis
The better you understand Westshore Terminals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Westshore Terminals' 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 Westshore Terminals' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Westshore Terminals Competition Performance Charts
Five steps to successful analysis of Westshore Terminals Competition
Westshore Terminals' 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 Westshore Terminals in relation to its competition. Westshore Terminals' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Westshore Terminals 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 Westshore Terminals' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Westshore Terminals, 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.
Complement your Westshore Terminals position
In addition to having Westshore Terminals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 42 constituents at this time.
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Other Information on Investing in Westshore Stock
Westshore Terminals financial ratios help investors to determine whether Westshore Stock 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 Westshore with respect to the benefits of owning Westshore Terminals security.