Jetblack Competitors

Pink Sheets . USA . 
Stock . Jetblack Corp
JTBK Stock  USD 0  0.0005  10.87%   
Jetblack Corp competes with Up Fintech, CITIC Securities, Futu Holdings, Bit Digital, and Xp; as well as few others. The company conducts business under Financial Services sector and is part of Capital Markets industry. Analyzing Jetblack Corp 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 Jetblack Corp to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Jetblack Corp Correlation with its peers.
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 Jetblack Corp 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 Jetblack Corp'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
LowEstimatedHigh
0.00016.34
Details
Intrinsic
Valuation
LowRealHigh
0.00016.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jetblack Corp. Your research has to be compared to or analyzed against Jetblack Corp's peers to derive any actionable benefits. When done correctly, Jetblack Corp'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 Jetblack Corp.

Jetblack Corp Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Jetblack Corp 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 Jetblack 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 Jetblack Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
MEGL
+ 0.82
CIIHF
APLD
+ 0.75
MEGL
APLD
+ 0.72
XP
APLD
+ 0.68
BTBT
APLD
+ 0.66
CIIHF
MEGL
+ 0.65
BTBT
  
High negative correlations   
MEGL
- 0.76
FUTU
FUTU
- 0.76
CIIHF
APLD
- 0.57
FUTU
BTBT
- 0.52
FUTU
XP
- 0.16
FUTU

Risk-Adjusted Indicators

There is a big difference between Jetblack Pink Sheet performing well and Jetblack Corp 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 Jetblack Corp'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.

Jetblack Corp Competitive Analysis

The better you understand Jetblack Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Jetblack Corp'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 Jetblack Corp'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
JTBK TIGR CIIHF FUTU BTBT XP MEGL APLD
 10.87 
 0 
Jetblack
 5.30 
 3.38 
TIGR
 0.00 
 1.80 
CITIC
 11.49 
 61.93 
Futu
 1.37 
 2.22 
Bit
 2.56 
 20.57 
Xp
 6.67 
 0.64 
Magic
 8.12 
 2.93 
Applied
Market Volatility
(90 Days Market Risk)
Out of control
Relatively risky
Relatively risky
Very steady
Dangerous
Very steady
Abnormally volatile
Relatively risky
Market Performance
(90 Days Performance)
Insignificant
Very Weak
Very Weak
Modest
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
High
Very Low
Low
Very Small
Below Average
Below Average
Quite High
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Fairly Valued
Under Valued
Under Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Buy
Not Available
Strong Buy
Strong Buy
Strong Buy
Not Available
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Hold
Cautious Hold
Hold
Strong Sell
Strong Hold
Strong Sell
Cautious Hold
Current Ratio
0.29 X
1.22 X
1.41 X
1.20 X
19.15 X
1.29 X
1.20 X
0.87 X
Net Asset
192 K
3.75 B
1.28 T
97.14 B
189.33 M
249.04 B
144.11 M
263.96 M
Profit Margin
N/A
0.14 %
0.32 %
0.47 %
(0.31) %
0.27 %
(0.50) %
(0.63) %
EBITDA
(179.99 K)
89.19 M
N/A
22.47 M
(12.31 M)
4.9 B
1.27 M
(36.79 M)
Current Valuation
6.15 M
5.74 B
(103.67 B)
17.4 B
233.37 M
(27.06 B)
(79.42 M)
593.04 M
Price To Book
1,081 X
1.05 X
0.79 X
2.56 X
1.69 X
3.34 X
0.79 X
2.55 X
Operating Margin
N/A
0.03 %
0.44 %
0.49 %
(0.60) %
0.27 %
(0.19) %
(0.73) %
Retained Earnings
(256 K)
(19.6 M)
71.39 B
11.36 B
(146.91 M)
N/A
(2.35 M)
(100.72 M)
Current Asset
N/A
12 M
433.56 B
1.11 M
N/A
N/A
N/A
1.68 M
Beta
8.2
1.21
0.98
0.85
4.82
1.67
N/A
4.04
Number Of Employees
2
N/A
27
N/A
24
N/A
9
121
Shares Outstanding
615.42 M
156.7 M
2.62 B
139.63 M
118.12 M
436.78 M
20.26 M
122.74 M
Cash Flow From Operations
(129.07 K)
258.06 M
28.46 B
3.47 B
1.11 M
21.75 B
(910.36 K)
58.73 M
Annual Yield
N/A
N/A
0.04 %
N/A
N/A
0.06 %
0.01 %
N/A
Total Debt
N/A
165.8 M
464.8 B
2.69 B
6.22 M
61.76 B
3.65 M
91.81 M
Return On Equity
N/A
0.0697
0.0903
0.19
-0.11
0.21
-0.0656
-0.97
Z Score
-1.4
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Book Value Per Share
(0) X
3.13 X
16.79 X
179.15 X
1.34 X
35.46 X
6.77 X
0.97 X
Return On Asset
N/A
0.0088
0.018
0.0447
-0.12
0.0177
-0.0564
-0.0723
Number Of Shares Shorted
N/A
2.74 M
N/A
2.75 M
18.13 M
18.11 M
45.07 K
21.13 M
Current Liabilities
53 K
3.73 M
328.34 B
1.59 M
N/A
N/A
N/A
2.02 M
Total Asset
192 K
3.75 B
1.28 T
97.14 B
189.33 M
249.04 B
144.11 M
263.96 M
Debt To Equity
0.68 %
0.37 %
1.83 %
0.23 %
0.02 %
4.36 %
2.97 %
0.28 %
Short Ratio
N/A
1.83 X
N/A
1.57 X
2.13 X
3.01 X
0.48 X
7.45 X
Target Price
N/A
5.26
N/A
68.89
5.08
29.11
N/A
9.14
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
6.36
N/A
N/A
Shares Owned By Institutions
N/A
9.79 %
22.68 %
30.00 %
42.80 %
69.76 %
0.09 %
55.82 %
Market Capitalization
6.15 M
503.01 M
43.52 B
7.76 B
258.69 M
11.58 B
12.21 M
332.63 M
Price To Earning
N/A
46.50 X
9.05 X
40.61 X
12.29 X
14.35 X
250.00 X
(0.03) X
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
112.40 X
N/A
N/A
Price To Sales
N/A
2.29 X
0.64 X
0.88 X
5.42 X
0.90 X
1.50 X
2.05 X
Net Income
(320.42 K)
32.56 M
23.1 B
4.28 B
(13.89 M)
3.9 B
(3.84 M)
(45.61 M)
Earnings Per Share
N/A
0.15 X
0.22 X
3.90 X
(0.16) X
1.37 X
(0.03) X
(0.85) X
Shares Owned By Insiders
N/A
31.52 %
24.41 %
16.40 %
0.93 %
7.89 %
52.41 %
27.78 %
Revenue
N/A
272.51 M
75.6 B
9.1 B
44.92 M
15.06 B
10.97 M
55.39 M
Working Capital
(53 K)
558.02 M
105.22 B
19.54 B
56.26 M
(30.69 B)
120.03 M
(69.7 M)
Cash And Equivalents
3.57 K
1.5 B
971.65 B
6.3 B
44.3 M
98.87 B
11.69 M
40.83 M
Cash Per Share
N/A
9.72 X
65.56 X
44.24 X
0.54 X
178.33 X
0.78 X
0.44 X
Gross Profit
N/A
192.84 M
65.53 B
6.62 B
65.34 M
9.07 B
15.81 M
(957 K)
Day Typical Price
0.0041
3.35
1.8
60.92
2.22
20.6
0.63
2.86
Accumulation Distribution
N/A
47937.08
N/A
341371.0
486558.0
244628.0
19832.0
352934.0
Daily Balance Of Power
(9,223,372,036,855)
1.0625
0.0
1.115385
0.2
(0.77)
1.0
0.9565
Period Momentum Indicator
(0.0005)
0.17
N/A
6.38
0.03
(0.54)
0.04
0.22
Rate Of Daily Change
0.89
1.05
1.0
1.11
1.01
0.97
1.07
1.08
Day Median Price
0.0041
3.33
1.8
60.41
2.22
20.62
0.63
2.83
Price Action Indicator
(0.0003)
0.13
N/A
4.71
0.02
(0.32)
0.03
0.22
Coefficient Of Variation
2357.83
(2,885)
(649.27)
941.88
31116.53
(825.91)
(627.59)
(761.17)
Mean Deviation
9.63
2.59
0.5414
2.18
5.15
1.5
2.48
4.52
Jensen Alpha
0.4595
(0.30)
(0.25)
0.1678
(0.37)
(0.38)
(0.52)
(1.04)
Total Risk Alpha
(1.39)
(0.59)
(0.45)
(0.08)
(0.84)
(0.50)
(0.96)
(1.48)
Sortino Ratio
0.032
N/A
N/A
0.0712
(0.01)
N/A
N/A
N/A
Downside Variance
340.42
N/A
N/A
11.59
28.52
N/A
N/A
N/A
Standard Deviation
16.01
3.56
1.57
3.13
6.63
1.96
3.3
5.66
Kurtosis
3.43
1.13
34.93
5.53
0.3252
0.0602
1.14
(0.66)
Potential Upside
25.81
6.7
N/A
5.03
12.76
2.64
4.05
8.64
Treynor Ratio
0.2531
(0.06)
(12.85)
0.1656
0.0023
(0.15)
2.78
(0.21)
Maximum Drawdown
97.16
18.53
10.8
21.45
29.09
8.75
17.42
23.16
Variance
256.24
12.67
2.46
9.77
43.91
3.85
10.86
32.03
Market Risk Adjusted Performance
0.2631
(0.05)
(12.84)
0.1756
0.0123
(0.14)
2.79
(0.20)
Risk Adjusted Performance
0.0357
(0.01)
(0.09)
0.0734
0.011
(0.07)
(0.09)
(0.07)
Skewness
0.9632
(0.13)
(5.58)
(1.12)
0.8431
(0.22)
0.2793
0.0497
Semi Deviation
11.39
N/A
N/A
3.18
5.2
N/A
N/A
N/A
Information Ratio
0.0368
(0.06)
(0.21)
0.0776
(0.01)
(0.17)
(0.19)
(0.15)
Value At Risk
(23.68)
(5.51)
N/A
(3.99)
(8.44)
(3.69)
(5.19)
(8.95)
Expected Short fall
(18.33)
N/A
N/A
(2.32)
(6.56)
N/A
N/A
N/A
Downside Deviation
18.45
N/A
N/A
3.4
5.34
N/A
N/A
N/A
Semi Variance
129.68
N/A
N/A
10.13
27.03
N/A
N/A
N/A

Jetblack Corp Competition Performance Charts

Five steps to successful analysis of Jetblack Corp Competition

Jetblack Corp'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 Jetblack Corp in relation to its competition. Jetblack Corp's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Jetblack Corp 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 Jetblack Corp's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Jetblack Corp, 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 Jetblack Corp position

In addition to having Jetblack Corp 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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Long Short Funds Theme
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 38 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 Long Short Funds Theme or any other thematic opportunities.
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Check out Jetblack Corp Correlation with its peers.
Note that the Jetblack Corp information on this page should be used as a complementary analysis to other Jetblack Corp'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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Jetblack Pink Sheet analysis

When running Jetblack Corp's price analysis, check to measure Jetblack Corp'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 Jetblack Corp is operating at the current time. Most of Jetblack Corp's value examination focuses on studying past and present price action to predict the probability of Jetblack Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jetblack Corp's price. Additionally, you may evaluate how the addition of Jetblack Corp to your portfolios can decrease your overall portfolio volatility.
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Z Score
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Intrinsic
Valuation
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Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Jetblack Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jetblack Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jetblack Corp'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.
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