Edify Competitors

Analyzing Edify Acquisition 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 Edify Acquisition 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 Edify Acquisition competition on your existing holdings. Check out Investing Opportunities.

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

Edify Acquisition Competition Correlation Matrix

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

Nowadays, there is a big difference between Edify Acquisition stock performing well and Edify Acquisition 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 Edify Acquisition'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
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Deviation
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TWTR
 1.51  0.08  0.03  4.54  1.81  0.0257 (1.51)  3.18 (3.09)  9.37 
MSFT
 0.71  0.19  0.22 (11.28)  0.45  0.17 (0.89)  1.68 (0.99)  4.42 
UBER
 1.77 (0.10)  0.00 (0.18)  0.00 (0.05)  0.00  3.20 (2.70)  7.15 
F
 1.60 (0.23)  0.00 (0.08)  0.00 (0.09)  0.00  3.60 (3.06)  10.13 
T
 0.60 (0.09)  0.00  0.30  0.00 (0.17)  0.00  1.00 (1.28)  3.91 
A
 0.61  0.25  0.24 (2.00)  0.53  0.24 (0.73)  1.60 (0.91)  5.73 
CRM
 0.89  0.09  0.06  1.32  0.86  0.06 (0.99)  2.52 (1.55)  5.00 
JPM
 0.97  0.06  0.01 (0.45)  1.20  0.015 (1.03)  2.06 (1.75)  6.45 
MRK
 0.65 (0.10)  0.00  1.69  0.00 (0.17)  0.00  1.15 (1.46)  3.62 
XOM
 1.32 (0.18)  0.00  0.83  0.00 (0.13)  0.00  2.93 (2.77)  6.84 

Edify Acquisition Competitive Analysis

The better you understand Edify Acquisition competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Edify Acquisition'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 Edify Acquisition'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
GOOG
MSFT
CRM
 0.93 
 2,819 
Alphabet
 1.28 
 298.58 
Microsoft
 0.47 
 259.17 
Salesforce
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)
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
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Profit Margin
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Current Valuation
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Shares Outstanding
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Shares Owned by Institutions
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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
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

Edify Acquisition Competition Performance Charts

Complement your Edify Acquisition position

In addition to having Edify Acquisition 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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Commodities
Commodities Theme
Funds or Etfs investing in commodities such as oil, gold, corn, soy, and agricultural goods. Commodities theme has 40 constituents.
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Continue to Investing Opportunities. Note that the Edify Acquisition Corp information on this page should be used as a complementary analysis to other Edify Acquisition'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Edify Stock analysis

When running Edify Acquisition Corp price analysis, check to measure Edify Acquisition'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 Edify Acquisition is operating at the current time. Most of Edify Acquisition's value examination focuses on studying past and present price action to predict the probability of Edify Acquisition's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Edify Acquisition's price. Additionally, you may evaluate how the addition of Edify Acquisition to your portfolios can decrease your overall portfolio volatility.
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The market value of Edify Acquisition Corp is measured differently than its book value, which is the value of Edify that is recorded on the company's balance sheet. Investors also form their own opinion of Edify Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Edify Acquisition'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 Edify Acquisition's market value can be influenced by many factors that don't directly affect Edify Acquisition Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edify Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine Edify Acquisition value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edify Acquisition'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.