Comparative Equity Analysis

Analyzing your traded assets 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 your traded assets 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 your traded assets competition on your existing holdings. Check out your portfolio center.

Specify up to 10 symbols:

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the prices 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.

Competitive Analysis

    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
AAL
AA
AAPL
BBY
C
S
CVS
CVX
HD
IBM
 2.13 
 21.17 
American
 2.98 
 39.37 
Alcoa
 0.46 
 145.64 
Apple
 1.06 
 114.26 
Best Buy
 0.74 
 68.30 
Citigroup
 1.51 
 50.56 
Sentinelone
 0.29 
 83.06 
CVS Corp
 1.37 
 102.57 
Chevron
 0.59 
 327.43 
Home Depot
 0.11 
 141.93 
International
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
Current Ratio
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
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
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

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.
Please note that American Airlines' momentum indicators aren't going to provide much information beyond what can be seen by looking at the price of American Airlines chart itself and comparing it to the benchmark or its competition. If American Airlines' price is moving aggressively higher, this will be visible on both the price chart and the momentum indicator. The momentum indicator charts can sometimes be useful to help confirm a price action trading strategy instead of using it to generate trade signals on its own.

Peer indicators

Risk-Adjusted Indicators

Nowadays, there is a big difference between company stock performing well and the company as a business doing well compared to the competition. There are way too many exceptions to the normal that no investors can tell for sure what's good or bad unless they analyze multiple risk-adjusted performance indicators across the competition. 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
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
AAL
 1.88 (0.09)  0.00 (0.01)  0.00 (0.0252)  0.00  4.24 (3.74)  11.19 
AA
 2.64  0.04  0.04  0.06  2.90  0.0324 (2.97)  5.88 (4.48)  13.13 
AAPL
 1.03  0.09  0.06  0.15  1.24  0.06 (1.06)  2.41 (2.49)  5.44 
BBY
 1.42 (0.11)  0.00 (0.03)  0.00 (0.0493)  0.00  2.82 (2.97)  7.68 
C
 1.17 (0.15)  0.00 (0.06)  0.00 (0.09)  0.00  1.91 (3.12)  5.55 
S
 11.97  6.46  1.46 (1.19)  0.00  0.13 (34.23)  6.46 (3.84)  399.18 
CVS
 0.96  0.13  0.10  0.27  0.90  0.09 (1.05)  1.69 (1.72)  7.17 
CVX
 1.31 (0.05) (0.02)  0.00  1.87 (0.0225) (1.25)  2.69 (3.08)  6.86 
HD
 0.83 (0.02) (0.01)  0.03  1.16 (0.0109) (0.85)  1.89 (1.46)  6.17 
IBM
 0.81 (0.02) (0.03)  0.00  1.19 (0.0359) (0.80)  2.02 (1.61)  7.11 
Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Use Investing Themes to Complement your positions

You can quickly originate your optimal portfoio 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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Marketing
Marketing Theme
Companies providing marketing and public relation (PR) services as well as news and media distribution. Marketing theme has 30 constituents.
View All  Next Launch Marketing
Check out your portfolio center. Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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