Apple Competitors

AAPL -  USA Stock  

USD 171.18  5.86  3.54%

Apple Inc competes with Hamilton Beach, Lg Display, Emerson Radio, Irobot Corp, and Turtle Beach; as well as few others. The company conducts business under Technology sector and is part of Consumer Electronics industry. Analyzing Apple 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 Apple to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
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 Apple competition on your existing holdings. Please continue to Apple Correlation with its peers.

Apple Competition 

 
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Return on Sales is expected to hike to 0.30 this year, although the value of Return on Investment will most likely fall to 45.25. Apple Tax Assets are relatively stable at the moment as compared to the past year. The company's current value of Tax Assets is estimated at 3.35 Billion. Net Current Assets as percentage of Total Assets is expected to hike to 5.31 this year, although the value of Total Assets Per Share will most likely fall to 20.88.

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Apple'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. Please use the tools below to analyze the current value of Apple in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
169.95171.37172.79
Details
Intrinsic
Valuation
LowReal ValueHigh
154.06176.01177.43
Details
Naive
Forecast
LowNext ValueHigh
169.58170.99172.41
Details
20 Analysts
Consensus
LowTarget PriceHigh
145.00172.54198.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Apple. Your research has to be compared to or analyzed against Apple's peers to derive any actionable benefits. When done correctly, Apple's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Apple Inc.

Apple Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Apple 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 Apple 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 Apple Inc does not affect the price movement of the other competitor.
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Apple Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Apple stock performing well and Apple company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Apple's multiple risk-adjusted performance indicators. 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
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
HBB
 1.97 (0.17)  0.00 (0.35)  0.00 (0.05)  0.00  4.58 (4.70)  18.56 
LPL
 1.71  0.07  0.03  0.06  2.23  0.0313 (1.73)  3.44 (2.56)  15.63 
MSN
 3.10 (0.38)  0.00 (0.34)  0.00 (0.09)  0.00  6.03 (6.48)  29.10 
BZIC
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
IRBT
 2.03 (0.17)  0.00 (0.14)  0.00 (0.06)  0.00  3.70 (3.56)  16.37 
HEAR
 1.92 (0.25)  0.00 (0.26)  0.00 (0.10)  0.00  3.47 (4.06)  14.82 
DEER
 29.65  7.91  0.12 (1.86)  23.73  0.13 (171.09)  145.68 (59.60)  373.75 
ATER
 8.35  0.23  0.02  0.14  10.53  0.018 (9.40)  15.91 (13.44)  91.42 
GPRO
 1.90  0.07  0.03  0.05  2.08  0.0258 (2.02)  4.12 (3.06)  11.87 

Cross Equities Net Income Analysis

Select Fundamental

201020112012201320142015201620172018201920202021
HBB
19.7 M19.7 M19.7 M19.7 M19.7 M19.7 M26.2 M15.9 M17.7 M(13.5 M)46.3 M49.9 M
LPL
1159.2 B(787.9 B)236.3 B426.1 B904.3 B966.6 B931.5 B1937.1 B(179.4 B)(2872.1 B)(70.6 B)(72.5 B)
MSN
15.9 M10.6 MM1.3 M1.9 M(968 K)(237 K)(6.9 M)(2.4 M)(4.3 M)(4 M)(4.1 M)
BZIC
(5.2 M)(2.7 M)(5.2 M)(6.1 M)(2.7 M)(2.7 M)(2.7 M)(2.7 M)(2.7 M)(2.7 M)(2.5 M)(2.7 M)
IRBT
25.5 M40.2 M44.1 M44.1 M44.1 M44.1 M41.9 M147.1 M147.1 M147.1 M147.1 M99.5 M
HEAR
(1.5 M)1.6 M1.6 M(6.2 M)(15.5 M)(82.9 M)(87.2 M)(3.2 M)39.2 M17.9 M38.7 M41.8 M
DEER
30.3 M39.8 M39.8 M39.8 M39.8 M39.8 M39.8 M39.8 M39.8 M39.8 M45.8 M44.4 M
ATER
(23.1 M)(23.1 M)(23.1 M)(23.1 M)(23.1 M)(23.1 M)(23.1 M)(23.1 M)(31.8 M)(58.8 M)(63.1 M)(68.1 M)
GPRO
19.5 M19.5 M32.3 M60.6 M128.1 M36.1 M(419 M)(182.9 M)(109 M)(14.6 M)(66.8 M)(72.1 M)

Apple Inc and related stocks such as Hamilton Beach Brands, Lg Display, Emerson Radio Corp, Beamz Interactive, Irobot Corp, Turtle Beach Corp, Deer Consumer Products, Aterian, and Gopro Inc Cl Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Apple Inc financial statement analysis. It represents the amount of money remaining after all of Apple Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Apple Competitive Analysis

The better you understand Apple competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Apple'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 Apple'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
AAPL
HBB
LPL
MSN
BZIC
IRBT
HEAR
DEER
ATER
GPRO
 3.54 
 171.18 
Apple
 0.21 
 14.61 
Hamilton
 3.86 
 9.42 
Lg Display
 10.23 
 0.97 
Emerson
 0.00 
 0.001 
Beamz
 0.34 
 73.39 
Irobot
 2.10 
 24.26 
Turtle
 50.00 
 0.0001 
Deer Consumer
 19.17 
 5.47 
Aterian
 3.85 
 10.51 
Gopro
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Working Capital
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Apple Competition Performance Charts

Complement your Apple position

In addition to having Apple 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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Consumer
Consumer Theme
Funds or Etfs that invest in consumer products such as packaged goods, clothing, food, beverages and retail services. Consumer theme has 40 constituents.
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Please continue to Apple Correlation with its peers. Note that the Apple Inc information on this page should be used as a complementary analysis to other Apple'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Apple Inc price analysis, check to measure Apple'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 Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Analyze and compare many basic indicators for a group of related or unrelated entities
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Is Apple'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 Apple. If investors know Apple 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 Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple'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 Apple's market value can be influenced by many factors that don't directly affect Apple'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 Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine Apple value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple'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.