Equitable Competitors
| EQB Stock | CAD 89.00 0.59 0.67% |
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 Equitable competition on your existing holdings.
Equitable |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Equitable'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.
Equitable Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Equitable 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 Equitable 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 Equitable Group does not affect the price movement of the other competitor.
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Equitable Stock performing well and Equitable 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 Equitable'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.Cross Equities Net Income Analysis
Compare Equitable Group and related stocks such as Element Fleet Management, Martinrea International, and Mullen Group Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EFN | (784 K) | (6.4 M) | (6.4 M) | (1.6 M) | 54.1 M | 174.4 M | 190.3 M | 154.6 M | (199.1 M) | 97.7 M | 287.1 M | 356 M | 409.6 M | 466.2 M | 489.5 M |
| MRE | 1.5 M | 54.5 M | 38.8 M | 37.9 M | 71.3 M | 107 M | 92.4 M | 159.5 M | 185.9 M | 181.2 M | (27.3 M) | 35.9 M | 132.8 M | 153.7 M | 161.3 M |
| 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 |
Equitable Group and related stocks such as Element Fleet Management, Martinrea International, and Mullen Group Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Equitable Group financial statement analysis. It represents the amount of money remaining after all of Equitable Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Equitable Competitive Analysis
The better you understand Equitable competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Equitable'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 Equitable'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 |
Equitable Competition Performance Charts
Five steps to successful analysis of Equitable Competition
Equitable'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 Equitable Group in relation to its competition. Equitable's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Equitable 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 Equitable's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Equitable 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.
Complement your Equitable position
In addition to having Equitable 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?
Run Agriculture Thematic Idea Now
Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 31 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Agriculture Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Equitable Correlation with its peers. Note that the Equitable Group information on this page should be used as a complementary analysis to other Equitable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Equitable Stock analysis
When running Equitable's price analysis, check to measure Equitable'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 Equitable is operating at the current time. Most of Equitable's value examination focuses on studying past and present price action to predict the probability of Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equitable's price. Additionally, you may evaluate how the addition of Equitable to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |