111 Competitors
| YI Stock | USD 7.26 0.39 5.10% |
111 vs Elutia Correlation
Almost no diversification
The correlation between 111 Inc and ELUT is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 111 Inc and ELUT in the same portfolio, assuming nothing else is changed.
Moving together with 111 Stock
| 0.81 | BJ | BJs Wholesale Club Earnings Call Today | PairCorr |
| 0.66 | DG | Dollar General Earnings Call This Week | PairCorr |
| 0.76 | KR | Kroger Company Earnings Call Today | PairCorr |
Moving against 111 Stock
| 0.85 | 3GX | HF FOODS GRP | PairCorr |
| 0.83 | DTCK | Davis Commodities | PairCorr |
| 0.79 | HITI | High Tide | PairCorr |
| 0.64 | MSS | Maison Solutions | PairCorr |
| 0.54 | WBUY | WEBUY GLOBAL LTD | PairCorr |
111 Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between 111 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 111 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 111 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 111 Stock performing well and 111 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 111'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ECOR | 3.96 | 0.78 | 0.18 | 0.39 | 3.93 | 10.17 | 21.08 | |||
| RNTX | 3.59 | (0.34) | 0.00 | (0.17) | 0.00 | 8.41 | 22.23 | |||
| NMTC | 4.33 | 0.44 | 0.07 | (2.04) | 4.81 | 11.84 | 31.34 | |||
| DYAI | 2.44 | (0.14) | 0.00 | 0.37 | 0.00 | 6.38 | 17.03 | |||
| RNXT | 3.39 | (0.05) | 0.00 | 0.01 | 3.73 | 7.37 | 22.02 | |||
| STRR | 1.32 | (0.04) | 0.00 | (0.07) | 0.00 | 3.19 | 10.00 | |||
| ANVS | 3.87 | (0.85) | 0.00 | (2.13) | 0.00 | 7.46 | 18.66 | |||
| PYPD | 2.00 | 0.17 | 0.07 | 0.33 | 2.34 | 4.79 | 14.82 | |||
| CELU | 3.24 | (0.70) | 0.00 | (4.13) | 0.00 | 9.01 | 26.45 | |||
| ELUT | 4.96 | 1.11 | 0.18 | (1.13) | 4.65 | 9.78 | 34.20 |
Cross Equities Net Income Analysis
Compare 111 Inc and related stocks such as Electrocore LLC, Rein Therapeutics, and Neuroone Medical Tec Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ECOR | (15.7 M) | (15.7 M) | (15.7 M) | (15.7 M) | (15.7 M) | (15.7 M) | (15.7 M) | (35.8 M) | (55.8 M) | (45.1 M) | (23.5 M) | (17.2 M) | (22.2 M) | (18.8 M) | (11.9 M) | (13.7 M) | (14.4 M) |
| RNTX | (21.2 K) | (21.2 K) | (21.2 K) | (21.2 K) | (21.2 K) | (21.2 K) | (21.2 K) | (21.2 K) | (21.2 K) | (21.2 K) | (21.2 K) | (26.2 K) | (27.3 K) | (15.7 K) | (62.9 M) | (56.6 M) | (53.8 M) |
| NMTC | (6 K) | (14 K) | (14 K) | (30.6 K) | (36.2 K) | (62.9 K) | (47.8 K) | (6.8 M) | (6.8 M) | (13.6 M) | (9.9 M) | (10 M) | (11.9 M) | (12.3 M) | (3.6 M) | (3.2 M) | (3.4 M) |
| DYAI | (190.8 K) | 1.3 M | 1.3 M | (428.1 K) | (6 M) | 65.8 M | (3.6 M) | (2.1 M) | (5.7 M) | (8.3 M) | (9.3 M) | (13.1 M) | (9.7 M) | (6.8 M) | (5.8 M) | (5.2 M) | (5 M) |
| RNXT | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (3.8 M) | (6.3 M) | (9.8 M) | (10.2 M) | (8.8 M) | (7.9 M) | (8.3 M) |
| STRR | (13.5 M) | (3.3 M) | (4.9 M) | 264 K | 2.5 M | 21.6 M | 14.3 M | (35.7 M) | 736 K | (4.6 M) | (6.5 M) | (3 M) | (5.3 M) | 2.2 M | (10.4 M) | (12 M) | (11.4 M) |
| ANVS | (369.6 K) | (4.7 M) | (8.3 M) | (682.3 K) | (682.3 K) | (682.3 K) | (682.3 K) | (682.3 K) | (713.9 K) | (991 K) | (5.5 M) | (14.5 M) | (25.1 M) | (56.2 M) | (24.6 M) | (22.1 M) | (21 M) |
| PYPD | (1.8 M) | (1.8 M) | (1.8 M) | (3.9 M) | (8.2 M) | (8.2 M) | (11.4 M) | (54.5 M) | 5.9 M | (6.9 M) | (35.3 M) | (40.7 M) | (39.5 M) | (23.9 M) | (29 M) | (34.2 M) | (35.9 M) |
| CELU | (1.1 K) | (1.1 K) | (1.1 K) | (1.1 K) | (1.1 K) | (1.1 K) | (1.1 K) | (1.1 K) | (1.1 K) | (211.9 M) | (208.2 M) | (100.1 M) | 14.2 M | (196.3 M) | (57.9 M) | (66.6 M) | (69.9 M) |
| ELUT | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.6 M) | (11.9 M) | (21.8 M) | (24.8 M) | (32.9 M) | (37.7 M) | (53.9 M) | (48.6 M) | (46.1 M) |
111 Inc and related stocks such as Electrocore LLC, Rein Therapeutics, and Neuroone Medical Tec Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in 111 Inc financial statement analysis. It represents the amount of money remaining after all of 111 Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.111 Competitive Analysis
The better you understand 111 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, 111'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 111'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 |
111 Competition Performance Charts
Five steps to successful analysis of 111 Competition
111'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 111 Inc in relation to its competition. 111's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of 111 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 111's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to 111 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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Check out 111 Correlation with its peers. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is there potential for Consumer Staples Distribution & Retail market expansion? Will 111 introduce new products? Factors like these will boost the valuation of 111. Anticipated expansion of 111 directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about 111 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.86) | Revenue Per Share | Quarterly Revenue Growth (0.17) | Return On Assets | Return On Equity |
111 Inc's market price often diverges from its book value, the accounting figure shown on 111's balance sheet. Smart investors calculate 111'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 111'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 111's value and its price as these two are different measures arrived at by different means. Investors typically determine if 111 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 111'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.