Aspire Competitors

Summary

Aspire Global Plc competes with Corning Incorporated, ScanSource, FormFactor, Ternium SA, and Quanex Building; as well as few others. The company classifies itself under Consumer Cyclical sector and is part of Gambling industry. Analyzing Aspire Global 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 Aspire Global to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities 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 Aspire Global 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 Aspire 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.

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 Aspire Global. Your research has to be compared to or analyzed against Aspire Global's peers to derive any actionable benefits. When done correctly, Aspire Global'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 Aspire Global Plc.

Aspire Global Competition Correlation Matrix

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

	GLW	SCSC	FORM	TX	NX	WIRE	NTGR	ZEUS
GLW		0.66	0.33	0.17	0.62	0.0	0.53	0.16	GLW
SCSC	0.66		0.56	0.3	0.67	0.16	0.6	0.13	SCSC
FORM	0.33	0.56		0.54	0.7	0.34	0.48	0.25	FORM
TX	0.17	0.3	0.54		0.68	0.74	0.41	0.39	TX
NX	0.62	0.67	0.7	0.68		0.54	0.66	0.45	NX
WIRE	0.0	0.16	0.34	0.74	0.54		0.1	0.51	WIRE
NTGR	0.53	0.6	0.48	0.41	0.66	0.1		0.39	NTGR
ZEUS	0.16	0.13	0.25	0.39	0.45	0.51	0.39		ZEUS
	GLW	SCSC	FORM	TX	NX	WIRE	NTGR	ZEUS

Click cells to compare fundamentals

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High positive correlations

WIRE	+ 0.74	TX
NX	+ 0.7	FORM
NX	+ 0.68	TX
NX	+ 0.67	SCSC
SCSC	+ 0.66	GLW
NTGR	+ 0.66	NX

High negative correlations

WIRE

- 0.0

GLW

Risk-Adjusted Indicators

There is a big difference between Aspire Pink Sheet performing well and Aspire 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 Aspire 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
GLW	0.92	(0.03)	(0.02)	0.06	1.09	(1.06)	1.52	(2.42)	9.69
SCSC	1.47	0.08	0.08	0.14	1.49	(1.73)	3.19	(2.43)	8.80
FORM	2.19	(0.19)	(0.03)	0.00	2.68	(2.33)	3.98	(5.00)	15.49
TX	1.11	0.09	0.04	0.21	1.22	(1.17)	2.42	(1.91)	11.59
NX	1.56	0.01	0.05	0.09	1.83	(1.57)	2.82	(2.93)	8.55
WIRE	1.87	0.38	0.18	0.47	1.76	(2.08)	3.79	(3.51)	12.50
NTGR	1.73	(0.10)	0.00	0.04	2.46	(1.67)	3.88	(3.62)	14.57
ZEUS	1.57	(0.06)	0.02	0.06	1.96	(1.61)	2.89	(3.25)	10.44

Aspire Global Competitive Analysis

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

	GLW	SCSC	FORM	TX	NX	WIRE	NTGR	ZEUS
	0.03 31.52 Corning	3.55 42.87 ScanSource	0.75 41.72 FormFactor	1.10 42.15 Ternium	3.02 33.70 Quanex	0.42 282.41 Encore	1.10 14.74 NETGEAR	1.99 67.56 Olympic
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady
Market Performance (90 Days Performance)	Insignificant	OK	Very Weak	Modest	OK	Good	Very Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Very Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Buy	Buy	Buy	Strong Buy	Hold	Buy	Hold
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Buy	Cautious Hold	Strong Hold	Hold	Strong Buy	Hold	Hold
Current Ratio	1.51 X	1.87 X	3.15 X	4.21 X	1.93 X	8.54 X	2.51 X	3.49 X
Net Asset	28.5 B	2.07 B	1.11 B	24.24 B	831.14 M	1.97 B	854.53 M	1.01 B
Profit Margin	0.05 %	0.02 %	0.12 %	0.04 %	0.08 %	0.14 %	(0.14) %	0.02 %
EBITDA	890 M	170.25 M	82.76 M	3.07 B	148.05 M	483.43 M	(33.27 M)	104.85 M
Operating Margin	0.16 %	0.03 %	0.05 %	0.11 %	0.03 %	0.13 %	(0.01) %	0.03 %
Current Valuation	33.95 B	1.25 B	2.93 B	86.63 B	1.17 B	3.91 B	185.34 M	967.86 M
Price To Book	2.33 X	1.08 X	3.80 X	0.67 X	2.14 X	2.36 X	0.81 X	1.37 X
Retained Earnings	16.39 B	936.68 M	51.33 M	13.87 B	409.32 M	2.51 B	(432.32 M)	418.9 M
Current Asset	8.27 B	1.23 B	56.7 M	2.58 B	203.97 M	366.38 M	821.14 M	308.95 M
Five Year Return	2.57 %	N/A	N/A	4.82 %	1.50 %	0.13 %	N/A	0.52 %
Beta	1.09	1.51	1.16	1.66	1.36	1.32	0.86	1.65
Number Of Employees	49.8 K	2.3 K	2.12 K	34.46 K	3.79 K	1.63 K	635	2.17 K
Shares Outstanding	855.35 M	25.17 M	77.42 M	196.31 M	33.11 M	15.79 M	29.07 M	11.13 M
Cash Flow From Operations	2 B	(35.77 M)	64.6 M	2.75 B	147.05 M	455.21 M	56.85 M	173.58 M
Annual Yield	0.04 %	N/A	N/A	0.08 %	0.01 %	0.0003 %	N/A	0.01 %
Total Debt	8.48 B	334.26 M	48.15 M	2.39 B	116.39 M	N/A	41.57 M	228.47 M
Return On Equity	0.0537	0.0952	0.096	0.0645	0.17	0.21	-0.18	0.0831
Z Score	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	0.0285	0.0364	0.0072	0.12	0.0828	0.14	-0.0188	0.0555
Book Value Per Share	14.09 X	37.91 X	11.74 X	63.26 X	16.89 X	111.91 X	18.08 X	49.90 X
Number Of Shares Shorted	11.52 M	556.81 K	2.19 M	364.82 K	607.76 K	3.03 M	645.62 K	328.57 K
Current Liabilities	2.81 B	585.11 M	16.06 M	1.7 B	114.13 M	52.25 M	315.77 M	77.06 M
Total Asset	28.5 B	2.07 B	1.11 B	24.24 B	831.14 M	1.97 B	854.53 M	1.01 B
Debt To Equity	0.65 %	0.36 %	0.07 %	0.1 %	0.23 %	0.17 %	0.05 %	0.64 %
Short Ratio	2.41 X	2.23 X	4.68 X	2.80 X	3.17 X	15.31 X	3.31 X	2.86 X
Target Price	34.8	41.5	42.8	49.2	38.5	291.67	23.5	73.0
Last Dividend Paid	1.12	N/A	N/A	3.3	0.32	0.08	N/A	0.5
Shares Owned By Institutions	70.98 %	97.71 %	99.00 %	15.45 %	98.50 %	93.38 %	87.50 %	88.97 %
Market Capitalization	26.97 B	1.12 B	3.21 B	8.37 B	1.15 B	4.48 B	423.79 M	767.36 M
Price To Earning	15.78 X	8.85 X	21.12 X	2.25 X	16.87 X	31.30 X	7.07 X	1.85 X
Price To Earnings To Growth	1.12 X	0.98 X	0.71 X	4.03 X	1.07 X	2.09 X	2.84 X	0.46 X
Price To Sales	2.14 X	0.29 X	5.21 X	0.47 X	1.07 X	1.60 X	0.59 X	0.35 X
Net Income	648 M	88.09 M	82.39 M	730.5 M	82.5 M	372.4 M	(104.77 M)	44.53 M
Earnings Per Share	0.68 X	3.42 X	1.05 X	3.40 X	2.63 X	21.61 X	(3.57) X	3.85 X
Shares Owned By Insiders	9.68 %	2.29 %	1.00 %	N/A	1.31 %	6.62 %	6.10 %	12.03 %
Revenue	12.59 B	3.79 B	663.1 M	19.03 B	1.13 B	2.57 B	740.84 M	2.16 B
Working Capital	2.89 B	870.27 M	442.69 M	8.23 B	138.94 M	1.05 B	483.63 M	422.93 M
Cash And Equivalents	1.67 B	37.99 M	251.59 M	1.65 B	55.09 M	573.58 M	233.2 M	8.45 M
Cash Per Share	1.93 X	1.51 X	3.26 X	13.97 X	1.52 X	31.34 X	8.07 X	0.76 X
Gross Profit	4.84 B	449.24 M	308.26 M	3.93 B	277.52 M	1.11 B	250.55 M	486.06 M
Day Typical Price	31.52	43.37	41.81	42.29	34.03	283.94	14.62	67.98
Accumulation Distribution	39399.38	15351.96	7743.44	5200.47	17972.25	7887.72	0.0237	1645.18
Market Facilitation Index	N/A	0.0	0.0	0.0	0.0	0.0	0.35	1.0E-4
Daily Balance Of Power	(0.03)	(0.95)	0.2183	(0.63)	(0.55)	(0.26)	0.4571	(0.53)
Period Momentum Indicator	(0.01)	(1.58)	0.31	(0.47)	(1.05)	(1.19)	0.16	(1.37)
Rate Of Daily Change	1.0	0.96	1.01	0.99	0.97	1.0	1.01	0.98
Day Median Price	31.52	43.62	41.85	42.36	34.19	284.71	14.57	68.19
Price Action Indicator	N/A	(1.54)	0.025	(0.44)	(1.01)	(2.89)	0.25	(1.31)
Relative Strength Index	35.91	30.0	62.15	71.18	63.52	71.72	89.62	91.18
Coefficient Of Variation	1827.24	889.27	96493.21	1089.55	1011.3	536.04	2923.31	1567.77
Mean Deviation	0.9231	1.47	2.19	1.11	1.56	1.87	1.73	1.57
Jensen Alpha	(0.03)	0.0828	(0.19)	0.0862	0.0067	0.379	(0.10)	(0.06)
Total Risk Alpha	(0.12)	(0.06)	(0.40)	(0.09)	(0.08)	0.1161	(0.27)	(0.16)
Sortino Ratio	(0.02)	0.0777	(0.03)	0.0417	0.0477	0.1756	(0)	0.0191
Downside Variance	1.35	2.84	7.38	1.95	4.08	4.63	6.82	4.39
Standard Deviation	1.38	2.01	2.85	1.67	1.94	2.54	2.51	2.12
Kurtosis	8.47	2.59	1.61	9.1	(0.46)	4.7	3.41	1.84
Potential Upside	1.52	3.19	3.98	2.42	2.82	3.79	3.88	2.89
Treynor Ratio	0.0568	0.1382	(0)	0.2136	0.0886	0.4698	0.0367	0.0576
Maximum Drawdown	9.69	8.8	15.49	11.59	8.55	12.5	14.57	10.44
Variance	1.91	4.05	8.15	2.8	3.76	6.43	6.32	4.5
Market Risk Adjusted Performance	0.0668	0.1482	0.0067	0.2236	0.0986	0.4798	0.0467	0.0676
Risk Adjusted Performance	0.0396	0.077	0.0085	0.0635	0.0684	0.1239	0.0289	0.0468
Skewness	1.62	0.749	0.4851	1.88	(0.19)	1.01	0.3857	0.1977
Semi Deviation	1.09	1.49	2.68	1.22	1.83	1.76	2.46	1.96
Information Ratio	(0.01)	0.0651	(0.03)	0.0348	0.0497	0.149	(0)	0.0188
Value At Risk	(2.42)	(2.43)	(5.00)	(1.91)	(2.93)	(3.51)	(3.62)	(3.25)
Expected Short fall	(1.06)	(1.73)	(2.33)	(1.17)	(1.57)	(2.08)	(1.67)	(1.61)
Downside Deviation	1.16	1.69	2.72	1.4	2.02	2.15	2.61	2.09
Semi Variance	1.19	2.21	7.16	1.5	3.36	3.09	6.05	3.84

Aspire Global Competition Performance Charts

Five steps to successful analysis of Aspire Global Competition

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

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

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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 constituents at this time.

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Note that the Aspire Global Plc information on this page should be used as a complementary analysis to other Aspire Global'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 Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Aspire Pink Sheet

If you are still planning to invest in Aspire Global Plc 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 Aspire Global's history and understand the potential risks before investing.

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