Ashland Competitors
| ASH Stock | USD 95.49 1.60 1.70% |
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 Ashland Global competition on your existing holdings.
Ashland |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ashland Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ashland Global Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ashland Global 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 Ashland 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 Ashland Global Holdings does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Ashland Stock performing well and Ashland Global 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 Ashland Global'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GLGI | 2.56 | 0.32 | 0.07 | 0.43 | 3.11 | 6.38 | 23.59 | |||
| CBNT | 5.98 | (0.28) | 0.00 | (0.75) | 0.00 | 11.63 | 41.70 | |||
| PRM | 2.44 | 0.68 | 0.31 | 0.32 | 1.99 | 6.12 | 19.51 | |||
| AVOA | 2.22 | 0.29 | 0.00 | (0.17) | 0.00 | 4.21 | 76.01 | |||
| APGMF | 442.52 | 226.70 | 0.00 | 2.44 | 0.00 | 150.00 | 9,920 | |||
| ALTO | 2.51 | (0.26) | 0.00 | (0.06) | 0.00 | 5.15 | 17.30 | |||
| GEVO | 4.11 | (0.68) | 0.00 | (0.10) | 0.00 | 6.74 | 28.12 | |||
| GVDNY | 0.98 | 0.09 | 0.06 | 0.16 | 1.21 | 1.83 | 11.08 |
Cross Equities Net Income Analysis
Compare Ashland Global Holdings and related stocks such as Greystone Logistics, C Bond Systems, and Perimeter Solutions Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PRM | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | 24.2 M | (661.5 M) | 91.8 M | 67.5 M | 70.9 M |
| ALTO | (2 M) | 3.1 M | (19.1 M) | (781 K) | 21.3 M | (18.8 M) | 1.4 M | (35 M) | (60.3 M) | (101.3 M) | (17.3 M) | 46.1 M | (41.6 M) | (28 M) | (29.4 M) |
| GEVO | (7.2 M) | (48.2 M) | (60.7 M) | (66.8 M) | (41.1 M) | (36.2 M) | (37.2 M) | (24.6 M) | (28 M) | (31.4 M) | (39.2 M) | (59.4 M) | (118.6 M) | (66.2 M) | (69.5 M) |
Ashland Global Holdings and related stocks such as Greystone Logistics, C Bond Systems, and Perimeter Solutions Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ashland Global Holdings financial statement analysis. It represents the amount of money remaining after all of Ashland Global Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ashland Global Competitive Analysis
The better you understand Ashland Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ashland Global'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 Ashland Global'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 |
Ashland Global Competition Performance Charts
Five steps to successful analysis of Ashland Global Competition
Ashland Global'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 Ashland Global Holdings in relation to its competition. Ashland Global's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ashland Global 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 Ashland Global's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ashland Global Holdings, 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 Ashland Global Correlation with its peers. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Ashland Stock analysis
When running Ashland Global's price analysis, check to measure Ashland Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ashland Global is operating at the current time. Most of Ashland Global's value examination focuses on studying past and present price action to predict the probability of Ashland Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashland Global's price. Additionally, you may evaluate how the addition of Ashland Global to your portfolios can decrease your overall portfolio volatility.
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Is Ashland Global's industry 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 Ashland Global. If investors know Ashland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ashland Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 1.49 | Earnings Share 2.91 | Revenue Per Share 40.938 | Quarterly Revenue Growth (0.1) |
The market value of Ashland Global Holdings is measured differently than its book value, which is the value of Ashland that is recorded on the company's balance sheet. Investors also form their own opinion of Ashland Global's value that differs from its market value or its book value, called intrinsic value, which is Ashland Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ashland Global's market value can be influenced by many factors that don't directly affect Ashland Global'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 Ashland Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashland Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashland Global'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.