EDAP Competitors
EDAP Stock | USD 7.35 0.25 3.52% |
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 EDAP TMS competition on your existing holdings.
EDAP |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EDAP TMS'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.
EDAP TMS Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between EDAP TMS 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 EDAP 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 EDAP TMS SA does not affect the price movement of the other competitor.
EDAP | COR | MCK | OMI | PDCO | HSIC | NAOV | NARI | ICUCW | ||
EDAP | 0.78 | 0.84 | 0.77 | -0.52 | -0.11 | -0.45 | -0.93 | 0.47 | EDAP | |
COR | 0.78 | 0.96 | 0.8 | -0.51 | 0.14 | -0.28 | -0.77 | 0.69 | COR | |
MCK | 0.84 | 0.96 | 0.88 | -0.63 | 0.1 | -0.38 | -0.87 | 0.65 | MCK | |
OMI | 0.77 | 0.8 | 0.88 | -0.79 | 0.17 | -0.29 | -0.84 | 0.58 | OMI | |
PDCO | -0.52 | -0.51 | -0.63 | -0.79 | -0.04 | 0.04 | 0.66 | -0.46 | PDCO | |
HSIC | -0.11 | 0.14 | 0.1 | 0.17 | -0.04 | 0.19 | 0.11 | 0.22 | HSIC | |
NAOV | -0.45 | -0.28 | -0.38 | -0.29 | 0.04 | 0.19 | 0.53 | 0.13 | NAOV | |
NARI | -0.93 | -0.77 | -0.87 | -0.84 | 0.66 | 0.11 | 0.53 | -0.47 | NARI | |
ICUCW | 0.47 | 0.69 | 0.65 | 0.58 | -0.46 | 0.22 | 0.13 | -0.47 | ICUCW | |
EDAP | COR | MCK | OMI | PDCO | HSIC | NAOV | NARI | ICUCW |
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between EDAP Stock performing well and EDAP TMS 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 EDAP TMS'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
EDAP | 2.26 | 0.56 | 0.23 | 1.25 | 1.67 | 5.49 | 14.96 | |||
COR | 0.65 | 0.30 | 0.19 | (1.07) | 0.35 | 1.54 | 8.39 | |||
MCK | 0.81 | 0.30 | 0.10 | (0.59) | 1.00 | 1.99 | 6.66 | |||
OMI | 1.67 | 0.28 | 0.22 | 0.28 | 1.37 | 4.60 | 9.31 | |||
PDCO | 1.06 | (0.19) | 0.00 | (0.01) | 0.00 | 2.77 | 10.74 | |||
HSIC | 0.98 | (0.17) | (0.10) | 0.01 | 1.17 | 2.65 | 6.98 | |||
NAOV | 3.52 | (0.23) | 0.00 | (0.11) | 0.00 | 8.00 | 19.85 | |||
NARI | 2.25 | (0.63) | 0.00 | (0.23) | 0.00 | 3.74 | 24.58 | |||
ICUCW | 10.59 | 3.53 | 0.24 | (3.02) | 10.57 | 31.79 | 99.83 |
Cross Equities Net Income Analysis
Compare EDAP TMS SA and related stocks such as Cencora, McKesson, and Owens Minor Net Income Over Time
Select Fundamental2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDAP | 181.8 K | (938 K) | (7.5 M) | (5 M) | (512 K) | (1.7 M) | 3.8 M | (681 K) | (338 K) | 1.5 M | (1.7 M) | 700 K | (2.9 M) | (20.7 M) | (19.7 M) |
COR | (207.7 M) | 5 M | 18.8 M | 22.8 M | 34.7 M | 58.7 M | 74.9 M | 77.9 M | 855.4 M | (3.4 B) | 1.5 B | 1.7 B | 1.7 B | 2 B | 2.1 B |
MCK | 404.5 M | 1.4 B | 1.3 B | 1.3 B | 1.5 B | 2.3 B | 5.1 B | 67 M | 34 M | 900 M | (4.3 B) | 1.1 B | 3.6 B | 4.1 B | 4.3 B |
OMI | 4.4 M | 115.2 M | 109 M | 110.9 M | 66.5 M | 103.4 M | 108.8 M | 72.8 M | (437 M) | (22.6 M) | 88.1 M | 221.6 M | 22.4 M | (41.3 M) | (39.2 M) |
PDCO | 7.3 M | 212.8 M | 210.3 M | 200.6 M | 223.3 M | 187.2 M | 170.9 M | 201 M | 83.6 M | (589.4 M) | 156 M | 203.2 M | 207.6 M | 238.7 M | 121.6 M |
HSIC | (10.9 M) | 367.7 M | 388.1 M | 431.6 M | 466.1 M | 479.1 M | 506.8 M | 406.3 M | 535.9 M | 520.8 M | 403.8 M | 631 M | 538 M | 416 M | 296.7 M |
NAOV | (723 K) | (723 K) | (1.3 M) | (2 M) | (2.6 M) | (2.9 M) | (2.8 M) | (5 M) | (4.2 M) | (5.8 M) | (4.3 M) | (14.3 M) | (5.4 M) | (5 M) | (5.2 M) |
NARI | (10.2 M) | (10.2 M) | (10.2 M) | (10.2 M) | (10.2 M) | (10.2 M) | (10.2 M) | (10.2 M) | (10.2 M) | (1.9 M) | 13.8 M | 9.8 M | (29.3 M) | (1.6 M) | (1.7 M) |
ICUCW | (3.3 M) | (3.3 M) | (3.3 M) | (3.3 M) | (3.3 M) | (3.3 M) | (3.3 M) | (3.3 M) | (3.3 M) | (3.3 M) | (3.3 M) | (4.6 M) | (23 M) | (35.6 M) | (33.8 M) |
EDAP TMS SA and related stocks such as Cencora, McKesson, and Owens Minor Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in EDAP TMS SA financial statement analysis. It represents the amount of money remaining after all of EDAP TMS SA operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.EDAP TMS Competitive Analysis
The better you understand EDAP TMS competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, EDAP TMS'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 EDAP TMS'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 |
EDAP TMS Competition Performance Charts
Five steps to successful analysis of EDAP TMS Competition
EDAP TMS'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 EDAP TMS SA in relation to its competition. EDAP TMS's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of EDAP TMS 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 EDAP TMS's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to EDAP TMS SA, 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.
Complement your EDAP TMS position
In addition to having EDAP TMS 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.Did You Try This Idea?
Run Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 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 Petroleum and Natural Gas Theme or any other thematic opportunities.
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Check out EDAP TMS Correlation with its peers. Note that the EDAP TMS SA information on this page should be used as a complementary analysis to other EDAP TMS'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running EDAP TMS's price analysis, check to measure EDAP TMS'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 EDAP TMS is operating at the current time. Most of EDAP TMS's value examination focuses on studying past and present price action to predict the probability of EDAP TMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDAP TMS's price. Additionally, you may evaluate how the addition of EDAP TMS to your portfolios can decrease your overall portfolio volatility.
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Is EDAP TMS'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 EDAP TMS. If investors know EDAP 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 EDAP TMS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Earnings Share (0.65) | Revenue Per Share 1.633 | Quarterly Revenue Growth 0.248 | Return On Assets (0.13) |
The market value of EDAP TMS SA is measured differently than its book value, which is the value of EDAP that is recorded on the company's balance sheet. Investors also form their own opinion of EDAP TMS's value that differs from its market value or its book value, called intrinsic value, which is EDAP TMS'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 EDAP TMS's market value can be influenced by many factors that don't directly affect EDAP TMS'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 EDAP TMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDAP TMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDAP TMS'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.