Welsbach Competitors
| WTMA Stock | USD 19.00 2.90 18.01% |
Welsbach Technology vs Four Leaf Correlation
Very good diversification
The correlation between Welsbach Technology Metals and FORL is -0.24 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Welsbach Technology Metals and FORL in the same portfolio, assuming nothing else is changed.
Moving against Welsbach Stock
| 0.45 | BTI | Bailador Technology | PairCorr |
| 0.35 | URB-A | Urbana | PairCorr |
| 0.32 | AVR | Avaron Mining Corp | PairCorr |
| 0.31 | CSOC-A | Canso Select Opportu | PairCorr |
Welsbach Technology Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Welsbach Technology 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 Welsbach 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 Welsbach Technology 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 Welsbach Stock performing well and Welsbach Technology 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 Welsbach Technology'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ESHA | 2.77 | 0.25 | 0.03 | 2.21 | 3.97 | 7.48 | 53.87 | |||
| TDAC | 0.06 | 0.00 | (0.37) | (0.07) | 0.00 | 0.19 | 0.95 | |||
| WINV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FTII | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| QETA | 0.62 | 0.00 | (0.03) | 0.09 | 0.90 | 2.15 | 7.10 | |||
| CCIX | 0.12 | (0.01) | (0.45) | 0.31 | 0.16 | 0.19 | 1.31 | |||
| BKHA | 0.31 | (0.03) | 0.00 | 0.01 | 0.00 | 0.97 | 6.36 | |||
| ATMV | 8.14 | 0.05 | 0.00 | 0.05 | 0.00 | 21.92 | 92.48 | |||
| ATMC | 1.10 | 0.37 | 0.10 | 1.48 | 0.66 | 1.90 | 21.35 | |||
| FORL | 0.06 | 0.03 | 0.00 | (0.80) | 0.00 | 0.00 | 2.17 |
Cross Equities Net Income Analysis
Compare Welsbach Technology and related stocks such as ESH Acquisition Corp, Translational Development, and WinVest Acquisition Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ESHA | (864) | (864) | (864) | (864) | (864) | (864) | (864) | (864) | (864) | (864) | (864) | (864) | (19.5 K) | 1.9 M | 3.9 T | 4.5 T | 4.7 T |
| TDAC | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (70.7 K) | (485.6 K) | (71 K) | (63.9 K) | (67.1 K) |
| FTII | (438) | (438) | (438) | (438) | (438) | (438) | (438) | (438) | (438) | (438) | (438) | (438) | 700 K | 2.9 M | (747 K) | (672.3 K) | (638.7 K) |
| QETA | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 802.8 K | 2.1 M | 2.4 M | 1.6 M |
| CCIX | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | (19 K) | 8.8 M | 8.6 M | 6.4 M |
| BKHA | (113) | (113) | (113) | (113) | (113) | (113) | (113) | (113) | (113) | (113) | (113) | (113) | (113) | 1.9 M | 1.9 M | 2.2 M | 2.3 M |
| ATMC | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (27.1 K) | (784) | 1.9 M | 1.5 M | 1.7 M | 938.3 K |
| FORL | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | (6.3 K) | 834.8 K | 403.3 K | 463.8 K | 451.6 K |
Welsbach Technology and related stocks such as ESH Acquisition Corp, Translational Development, and WinVest Acquisition Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Welsbach Technology financial statement analysis. It represents the amount of money remaining after all of Welsbach Technology Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Welsbach Technology Competitive Analysis
The better you understand Welsbach Technology competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Welsbach Technology'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 Welsbach Technology'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 |
Welsbach Technology Competition Performance Charts
Five steps to successful analysis of Welsbach Technology Competition
Welsbach Technology'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 Welsbach Technology in relation to its competition. Welsbach Technology's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Welsbach Technology 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 Welsbach Technology's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Welsbach Technology, 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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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Welsbach Technology. Anticipated expansion of Welsbach directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Welsbach Technology assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Welsbach Technology's market price often diverges from its book value, the accounting figure shown on Welsbach's balance sheet. Smart investors calculate Welsbach Technology's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Welsbach Technology's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Welsbach Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Welsbach Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Welsbach Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.