22nd Competitors
| XXII Stock | USD 7.69 0.94 10.89% |
22nd Century vs Kaival Brands Correlation
Poor diversification
The correlation between 22nd Century Group and KAVL is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 22nd Century Group and KAVL in the same portfolio, assuming nothing else is changed.
Moving against 22nd Stock
| 0.79 | PM | Philip Morris Intern Earnings Call This Week | PairCorr |
| 0.79 | TPB | Turning Point Brands | PairCorr |
| 0.77 | 8ZI | Scandinavian Tobacco | PairCorr |
| 0.72 | BMT | British American Tobacco | PairCorr |
| 0.68 | WF | Woori Financial Group | PairCorr |
22nd Century Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between 22nd Century 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 22nd 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 22nd Century Group 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 22nd Stock performing well and 22nd Century 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 22nd Century'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ORIS | 6.14 | (0.93) | 0.00 | 1.29 | 0.00 | 13.39 | 44.35 | |||
| MYND | 3.42 | (0.35) | 0.00 | 0.45 | 0.00 | 6.98 | 19.22 | |||
| GNLN | 3.47 | (1.08) | 0.00 | 1.20 | 0.00 | 5.69 | 26.61 | |||
| FEDU | 2.78 | (0.45) | 0.00 | (4.73) | 0.00 | 5.00 | 37.12 | |||
| SBEV | 7.56 | (1.06) | 0.00 | (0.21) | 0.00 | 15.58 | 74.08 | |||
| GSUN | 4.23 | (1.01) | 0.00 | (1.16) | 0.00 | 6.90 | 27.57 | |||
| TANH | 3.07 | (0.82) | 0.00 | (0.77) | 0.00 | 6.38 | 21.18 | |||
| SNAX | 106.79 | 50.18 | 0.78 | 1.33 | 25.11 | 233.33 | 1,743 | |||
| FAMI | 3.17 | (0.39) | 0.00 | (0.59) | 0.00 | 6.21 | 20.39 | |||
| KAVL | 8.25 | (4.42) | 0.00 | 5.24 | 0.00 | 9.59 | 53.21 |
Cross Equities Net Income Analysis
Compare 22nd Century Group and related stocks such as Oriental Rise Holdings, Myndai, and Greenlane Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ORIS | 5.7 M | 5.7 M | 5.7 M | 5.7 M | 5.7 M | 5.7 M | 5.7 M | 5.7 M | 5.7 M | 5.1 M | 6.6 M | 9.4 M | 11.9 M | 11.5 M | 2.1 M | 2.4 M | 2.3 M |
| MYND | (2.7 M) | (2.7 M) | (2.7 M) | (2.7 M) | (2.7 M) | (3.4 M) | 6.5 M | 7.1 M | (1.8 M) | (2.4 M) | (37.3 M) | (1.1 M) | 22.6 M | (37.8 M) | (95.8 M) | (86.2 M) | (81.9 M) |
| GNLN | 87 K | 87 K | 87 K | 87 K | 87 K | 87 K | 87 K | 2.3 M | (5.9 M) | (28.8 M) | (14.5 M) | (30.6 M) | (125.9 M) | (169.5 M) | (17.6 M) | (15.9 M) | (16.7 M) |
| FEDU | 13.6 M | 13.6 M | 13.6 M | 13.6 M | 13.6 M | 13.6 M | 13.6 M | 36.6 M | (601 K) | (24 M) | (24 M) | (113.5 M) | (29.7 M) | 801 K | 801 K | 5 M | 5.2 M |
| SBEV | (12.6 K) | (12.6 K) | (12.6 K) | (3.2 K) | (30.1 K) | (48.8 K) | (48.8 K) | (147.5 K) | 68.2 K | (5.1 M) | (28.7 M) | (29.1 M) | (21.8 M) | (21 M) | (23.8 M) | (21.4 M) | (20.3 M) |
| GSUN | 3.4 M | 3.4 M | 3.4 M | 3.4 M | 3.4 M | 3.4 M | 3.4 M | 3.4 M | 3.4 M | 42 K | 2 M | (2.1 M) | (5.8 M) | (3.7 M) | (3.7 M) | (3.3 M) | (3.2 M) |
| TANH | 9.9 M | 9.9 M | 9.9 M | 9.6 M | 14 M | 8.4 M | 4.3 M | 3.8 M | 2 M | (9.7 M) | (6.5 M) | (10.7 M) | 3 M | 5.6 M | (3.2 M) | (2.9 M) | (2.8 M) |
| FAMI | 760.9 K | 760.9 K | 760.9 K | 760.9 K | 760.9 K | 2.3 M | 3.3 M | 3.2 M | (311 K) | 823.6 K | 2.4 M | 2.2 M | 2.5 M | (4.7 M) | (4.7 M) | (4.2 M) | (4 M) |
| KAVL | (1 M) | (4.4 K) | (4.4 K) | (4.4 K) | (4.4 K) | (4.4 K) | (4.4 K) | (4.4 K) | (68.8 K) | 3.8 M | (9 M) | (14.4 M) | (11.1 M) | (6.7 M) | (16.7 M) | (15 M) | (14.2 M) |
22nd Century Group and related stocks such as Oriental Rise Holdings, Myndai, and Greenlane Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in 22nd Century Group financial statement analysis. It represents the amount of money remaining after all of 22nd Century Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.22nd Century Competitive Analysis
The better you understand 22nd Century competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, 22nd Century'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 22nd Century'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 |
22nd Century Competition Performance Charts
Five steps to successful analysis of 22nd Century Competition
22nd Century'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 22nd Century Group in relation to its competition. 22nd Century's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of 22nd Century 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 22nd Century's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to 22nd Century Group, 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 22nd Century Correlation with its peers. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is there potential for Tobacco market expansion? Will 22nd introduce new products? Factors like these will boost the valuation of 22nd Century. Anticipated expansion of 22nd directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (36.86) | Revenue Per Share | Quarterly Revenue Growth (0.40) | Return On Assets | Return On Equity |
22nd Century Group's market price often diverges from its book value, the accounting figure shown on 22nd's balance sheet. Smart investors calculate 22nd Century's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since 22nd Century'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 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.