Arena Competitors

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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 Arena Fortify'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 Arena Fortify in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.1510.3110.47
Details
Intrinsic
Valuation
LowReal ValueHigh
8.448.6011.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Arena Fortify. Your research has to be compared to or analyzed against Arena Fortify's peers to derive any actionable benefits. When done correctly, Arena Fortify'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 Arena Fortify Acquisition.

Arena Fortify Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Arena Fortify 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 Arena 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 Arena Fortify Acquisition does not affect the price movement of the other competitor.

Related Correlations

LECO
TTNDF
SHOO
SKX
DECK
ASCCF
HUSQF
LECO
0.30.90.760.620.430.62
LECO
TTNDF
0.30.390.580.070.650.79
TTNDF
SHOO
0.90.390.910.730.660.73
SHOO
SKX
0.760.580.910.680.750.81
SKX
DECK
0.620.070.730.680.520.37
DECK
ASCCF
0.430.650.660.750.520.81
ASCCF
HUSQF
0.620.790.730.810.370.81
HUSQF
LECO
TTNDF
SHOO
SKX
DECK
ASCCF
HUSQF
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

Nowadays, there is a big difference between Arena Stock performing well and Arena Fortify 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 Arena Fortify'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.

Arena Fortify Competitive Analysis

The better you understand Arena Fortify competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Arena Fortify'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 Arena Fortify'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
AFACLECOTTNDFSHOOSKXDECKASCCFHUSQF
 0.49 
 10.31 
Arena
 1.95 
 146.63 
Lincoln
 13.23 
 12.67 
Techtronic
 1.61 
 33.71 
Steven
 1.00 
 42.51 
Skechers
 0.40 
 377.85 
Deckers
 0.00 
 22.15 
ASICS
 0.00 
 7.40 
Husqvarna
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days 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
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Net Asset
Profit Margin
EBITDA
Current Valuation
Cash Flow from Operations
Operating Margin
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Annual Yield
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Book Value Per Share
Return On Asset
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Target Price
Last Dividend Paid
Market Capitalization
Price to Sales
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

Arena Fortify Competition Performance Charts

Complement your Arena Fortify position

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Natural Foods
Natural Foods Theme
Companies producing natural foods including dairy products and different types of meets. The Natural Foods theme has 40 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 Natural Foods Theme or any other thematic opportunities.
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Please continue to Arena Fortify Correlation with its peers. Note that the Arena Fortify Acquisition information on this page should be used as a complementary analysis to other Arena Fortify'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Arena Stock analysis

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

USD 10.31  0.05  0.49%   

Arena Fortify Acquisition competes with Lincoln Electric, Techtronic Industries, Steven Madden, Skechers USA, and Deckers Outdoor; as well as few others. The company conducts business under Financial Services sector and is part of Shell Companies industry. Analyzing Arena Fortify 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 Arena Fortify 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 Arena Fortify competition on your existing holdings. Please continue to Arena Fortify Correlation with its peers.