Hhgregg Competitors

Summary

Hhgregg competes with Hawkins, BRP, Academy Sports, Playtech Plc, and Yips Chemical; as well as few others. Analyzing Hhgregg competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Hhgregg to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

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 Hhgregg competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hhgregg'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.

Hype

Prediction

Low	Estimated	High
0.00	0.00	0.00

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Intrinsic

Valuation

Low	Real	High
0.00	0.00	0.00

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hhgregg. Your research has to be compared to or analyzed against Hhgregg's peers to derive any actionable benefits. When done correctly, Hhgregg's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hhgregg.

Hhgregg Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hhgregg and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Hhgregg 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 Hhgregg does not affect the price movement of the other competitor.

	HWKN	DOOO	ASO	PYTCF	YIPCF	LTH	LXFR
HWKN		0.16	-0.13	0.72	0.61	0.63	0.81	HWKN
DOOO	0.16		-0.52	0.37	0.75	0.13	-0.11	DOOO
ASO	-0.13	-0.52		-0.52	-0.6	-0.29	0.04	ASO
PYTCF	0.72	0.37	-0.52		0.71	0.52	0.52	PYTCF
YIPCF	0.61	0.75	-0.6	0.71		0.47	0.39	YIPCF
LTH	0.63	0.13	-0.29	0.52	0.47		0.76	LTH
LXFR	0.81	-0.11	0.04	0.52	0.39	0.76		LXFR
	HWKN	DOOO	ASO	PYTCF	YIPCF	LTH	LXFR

Click cells to compare fundamentals

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High positive correlations

LXFR	+ 0.81	HWKN
LXFR	+ 0.76	LTH
YIPCF	+ 0.75	DOOO
PYTCF	+ 0.72	HWKN
YIPCF	+ 0.71	PYTCF
LTH	+ 0.63	HWKN

High negative correlations

YIPCF	- 0.6	ASO
PYTCF	- 0.52	ASO
ASO	- 0.52	DOOO
LTH	- 0.29	ASO
ASO	- 0.13	HWKN
LXFR	- 0.11	DOOO

Risk-Adjusted Indicators

There is a big difference between Hhgregg Stock performing well and Hhgregg 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 Hhgregg'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
HWKN	1.47	0.18	0.08	0.26	1.87	(1.61)	3.27	(2.85)	9.51
DOOO	1.71	(0.02)	0.00	0.04	2.10	(1.77)	3.44	(3.55)	11.09
ASO	1.65	(0.23)	0.00	(0.15)	0.00	0.00	3.16	(3.98)	14.10
PYTCF	0.63	0.15	0.00	(16.27)	0.00	0.00	2.12	0.00	22.71
YIPCF	0.17	0.07	0.00	1.35	0.00	0.00	0.00	0.00	5.56
LTH	2.08	(0.12)	(0.02)	0.00	2.54	(2.22)	4.01	(4.17)	15.01
LXFR	2.10	0.20	0.09	0.21	2.19	(2.38)	3.99	(4.15)	26.55

Hhgregg Competitive Analysis

The better you understand Hhgregg competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hhgregg'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 Hhgregg'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

	HWKN	DOOO	ASO	PYTCF	YIPCF	LTH	LXFR
	0.05 74.70 Hawkins	2.23 68.06 BRP	2.03 56.48 Academy	2.12 5.77 Playtech	0.00 0.19 Yips	1.60 14.01 Life	4.86 9.39 Luxfer
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Somewhat reliable	Extremely Dangerous	Not too volatile	Somewhat reliable
Market Performance (90 Days Performance)	OK	Very Weak	Very Weak	Modest	OK	Very Weak	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Low	Low	Low	Low	Below Average	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Over Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Strong Buy	Strong Buy	Not Available	Not Available	Strong Buy	Strong Sell
Trade Advice (90 Days Macroaxis Advice)	Buy	Hold	Strong Hold	Sell	Strong Sell	Hold	Hold
Current Ratio	2.77 X	1.08 X	1.58 X	1.73 X	1.59 X	0.38 X	1.79 X
Net Asset	590.53 M	6.78 B	4.7 B	3.65 B	10.42 B	7.88 B	372.1 M
Profit Margin	0.08 %	0.07 %	0.08 %	0.24 %	0.01 %	0.03 %	(0) %
EBITDA	115.26 M	1.65 B	788.33 M	825 M	789.25 M	477.57 M	28.4 M
Operating Margin	0.09 %	0.11 %	0.11 %	0.12 %	0.04 %	0.12 %	0.04 %
Current Valuation	1.69 B	7.57 B	5.55 B	2.42 B	461.5 M	7.01 B	357.95 M
Price To Book	4.10 X	8.85 X	2.25 X	1.11 X	0.44 X	1.25 X	1.28 X
Retained Earnings	302.42 M	443.1 M	1.71 B	N/A	1.82 B	(576.81 M)	104.3 M
Current Asset	137.29 M	1.53 B	N/A	N/A	4.72 B	N/A	191.7 M
Five Year Return	1.90 %	0.58 %	N/A	N/A	5.72 %	N/A	N/A
Beta	0.76	2.38	1.35	1.34	0.61	1.74	0.84
Number Of Employees	846	20 K	11.01 K	6.7 K	3.42 K	9 K	1.3 K
Shares Outstanding	20.95 M	34.81 M	74.41 M	306.36 M	568.48 M	196.7 M	26.83 M
Cash Flow From Operations	77.4 M	1.49 B	535.78 M	225 M	266.37 M	463 M	26.3 M
Annual Yield	0.01 %	0.01 %	0.01 %	0.09 %	0.10 %	N/A	0.05 %
Total Debt	120.33 M	2.95 B	1.7 B	1.04 B	902.83 M	4.29 B	91.9 M
Return On Equity	0.2	1.1	0.29	0.24	0.0785	0.0347	-0.0124
Z Score	N/A	N/A	N/A	1.2	1.0	N/A	N/A
Return On Asset	0.1	0.12	0.0914	0.0326	0.0379	0.0232	0.0252
Number Of Shares Shorted	412.28 K	2.01 M	4.69 M	N/A	N/A	7.7 M	468.61 K
Book Value Per Share	18.94 X	10.79 X	26.29 X	5.67 X	6.28 X	11.46 X	7.92 X
Current Liabilities	59.77 M	1.66 B	N/A	N/A	2.18 B	N/A	69.4 M
Total Asset	590.53 M	6.78 B	4.7 B	3.65 B	10.42 B	7.88 B	372.1 M
Debt To Equity	0.46 %	N/A	1.22 %	0.66 %	0.48 %	1.91 %	0.56 %
Short Ratio	1.99 X	15.51 X	2.51 X	N/A	N/A	7.35 X	1.66 X
Target Price	74.0	73.27	77.06	N/A	N/A	20.9	15.0
Last Dividend Paid	0.62	0.72	0.38	N/A	0.28	N/A	0.52
Shares Owned By Institutions	67.03 %	71.85 %	97.30 %	49.20 %	8.86 %	85.40 %	92.59 %
Market Capitalization	1.56 B	5.1 B	4.2 B	2.1 B	241.88 M	2.76 B	253.86 M
Price To Earning	15.03 X	21.41 X	7.67 X	5.67 X	6.30 X	N/A	14.88 X
Price To Earnings To Growth	N/A	2.04 X	0.61 X	N/A	N/A	(0.11) X	1.96 X
Price To Sales	1.75 X	0.51 X	0.71 X	1.29 X	0.01 X	1.27 X	0.67 X
Net Income	60.04 M	743.4 M	519.19 M	674.6 M	406.28 M	76.06 M	(2.6 M)
Earnings Per Share	3.48 X	6.85 X	6.70 X	1.24 X	0.05 X	0.37 X	(0.10) X
Shares Owned By Insiders	8.14 %	2.90 %	2.78 %	36.97 %	53.31 %	7.49 %	1.84 %
Revenue	935.1 M	10.37 B	6.16 B	1.21 B	17.81 B	2.22 B	405 M
Working Capital	141.17 M	1.02 B	765.04 M	N/A	2.54 B	(382.67 M)	104 M
Cash And Equivalents	3.92 M	59.1 M	399.86 M	681.2 M	783.62 M	25.51 M	11.2 M
Cash Per Share	0.19 X	0.75 X	5.01 X	2.27 X	1.38 X	0.32 X	0.41 X
Gross Profit	146.52 M	2.14 B	2.21 B	1.21 B	2.16 B	754.35 M	95 M
Day Typical Price	75.46	68.23	57.09	5.77	0.19	13.91	9.58
Accumulation Distribution	0.0343	0.042	0.0351	N/A	N/A	0.034	7617.68
Market Facilitation Index	2.65	2.93	2.05	N/A	N/A	0.48	0.0
Daily Balance Of Power	(0.02)	(0.53)	(0.57)	9.2 T	0.0	0.4583	(0.77)
Period Momentum Indicator	(0.04)	(1.55)	(1.17)	0.12	N/A	0.22	(0.48)
Rate Of Daily Change	1.0	0.98	0.98	1.02	1.0	1.02	0.95
Day Median Price	75.84	68.32	57.4	5.77	0.19	13.86	9.68
Price Action Indicator	(1.15)	(1.03)	(1.50)	0.06	N/A	0.26	(0.53)
Coefficient Of Variation	852.64	3879.9	(1,497)	1348.11	812.4	74915.93	1220.35
Mean Deviation	1.47	1.71	1.65	0.6267	0.1658	2.08	2.1
Jensen Alpha	0.1754	(0.02)	(0.23)	0.1469	0.071	(0.12)	0.2031
Total Risk Alpha	0.0354	(0.17)	(0.38)	(0.05)	0.0093	(0.27)	(0.06)
Sortino Ratio	0.0807	(0)	N/A	N/A	N/A	(0.02)	0.0918
Downside Variance	4.36	4.89	N/A	N/A	N/A	6.85	5.89
Standard Deviation	2.02	2.29	2.28	2.11	0.6838	2.75	3.56
Kurtosis	2.78	1.13	3.67	25.58	66.0	2.13	21.25
Potential Upside	3.27	3.44	3.16	2.12	N/A	4.01	3.99
Treynor Ratio	0.2573	0.0418	(0.15)	(16.27)	1.35	(0)	0.2104
Maximum Drawdown	9.51	11.09	14.1	22.71	5.56	15.01	26.55
Variance	4.09	5.23	5.18	4.45	0.4676	7.55	12.65
Market Risk Adjusted Performance	0.2673	0.0518	(0.14)	(16.26)	1.36	0.0067	0.2204
Risk Adjusted Performance	0.0794	0.0232	(0.03)	0.0529	0.077	0.0086	0.0589
Skewness	(0.68)	0.3527	(1.03)	0.4491	8.12	0.5914	3.47
Semi Deviation	1.87	2.1	N/A	N/A	N/A	2.54	2.19
Information Ratio	0.0834	(0)	(0.1)	0.0416	0.0228	(0.02)	0.0627
Value At Risk	(2.85)	(3.55)	(3.98)	N/A	N/A	(4.17)	(4.15)
Expected Short fall	(1.61)	(1.77)	N/A	N/A	N/A	(2.22)	(2.38)
Downside Deviation	2.09	2.21	N/A	N/A	N/A	2.62	2.43
Semi Variance	3.48	4.39	N/A	N/A	N/A	6.44	4.78

Hhgregg Competition Performance Charts

Five steps to successful analysis of Hhgregg Competition

Hhgregg'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 Hhgregg in relation to its competition. Hhgregg's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Hhgregg 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 Hhgregg's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hhgregg, 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.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Hhgregg position

In addition to having Hhgregg 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.

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Software

Companies that develop and distribute software and software systems to individuals or business. The Software theme has 43 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 Software Theme or any other thematic opportunities.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Note that the Hhgregg information on this page should be used as a complementary analysis to other Hhgregg'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Consideration for investing in Hhgregg Stock

If you are still planning to invest in Hhgregg check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hhgregg's history and understand the potential risks before investing.

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