China Competitors
CYYHF Stock | USD 0.26 0.00 0.00% |
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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 China Yongda'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.
China Yongda Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between China Yongda 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 China 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 China Yongda Automobiles does not affect the price movement of the other competitor.
0.0 | 0.78 | 0.6 | -0.3 | 0.89 | 0.47 | CPRT | ||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ZHSHF | ||
0.78 | 0.0 | 0.79 | 0.25 | 0.7 | 0.47 | KMX | ||
0.6 | 0.0 | 0.79 | 0.38 | 0.62 | 0.63 | PAG | ||
-0.3 | 0.0 | 0.25 | 0.38 | -0.17 | -0.04 | LAD | ||
0.89 | 0.0 | 0.7 | 0.62 | -0.17 | 0.59 | AN | ||
0.47 | 0.0 | 0.47 | 0.63 | -0.04 | 0.59 | ABG | ||
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 China Pink Sheet performing well and China Yongda 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 China Yongda'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 | ||
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CPRT | 0.94 | 0.06 | 0.06 | 0.13 | 1.05 | 1.92 | 6.83 | |||
ZHSHF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
KMX | 1.68 | (0.18) | (0.02) | 0.01 | 2.84 | 3.21 | 13.28 | |||
PAG | 1.08 | (0.13) | (0.04) | 0.01 | 1.55 | 2.83 | 6.65 | |||
LAD | 1.43 | (0.21) | 0.00 | (1.23) | 0.00 | 3.38 | 7.97 | |||
AN | 1.39 | 0.12 | 0.04 | 0.30 | 1.64 | 3.41 | 8.21 | |||
ABG | 1.43 | (0.04) | 0.02 | 0.07 | 1.85 | 3.18 | 8.82 |
China Yongda Competitive Analysis
The better you understand China Yongda competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, China Yongda'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 China Yongda'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 |
China Yongda Competition Performance Charts
Five steps to successful analysis of China Yongda Competition
China Yongda'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 China Yongda Automobiles in relation to its competition. China Yongda's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of China Yongda 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 China Yongda's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to China Yongda Automobiles, 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 China Yongda position
In addition to having China Yongda 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?
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Munis Funds
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 41 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 Munis Funds Theme or any other thematic opportunities.
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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 rate. Note that the China Yongda Automobiles information on this page should be used as a complementary analysis to other China Yongda'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for China Pink Sheet analysis
When running China Yongda's price analysis, check to measure China Yongda'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 China Yongda is operating at the current time. Most of China Yongda's value examination focuses on studying past and present price action to predict the probability of China Yongda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Yongda's price. Additionally, you may evaluate how the addition of China Yongda to your portfolios can decrease your overall portfolio volatility.
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