Gildan Competitors
| GIL Stock | USD 35.33 0.26 0.73% |
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Gildan |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gildan Activewear'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.
Gildan Activewear Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Gildan Activewear 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 Gildan 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 Gildan Activewear does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Gildan Stock performing well and Gildan Activewear 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 Gildan Activewear'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.Cross Equities Net Income Analysis
Compare Gildan Activewear and related stocks such as Signet Jewelers, TheRealReal, and Envela Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SIG | 21.5 M | 324.4 M | 359.9 M | 368 M | 381.3 M | 467.9 M | 543.2 M | 519.3 M | (657.4 M) | 105.5 M | (15.2 M) | 769.9 M | 376.7 M | 810.4 M | 850.9 M |
| REAL | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (75.8 M) | (96.7 M) | (177.5 M) | (236.1 M) | (196.4 M) | (168.5 M) | (176.9 M) |
| ELA | (600 K) | 1 M | 1 M | (2.7 M) | (4.5 M) | (2.3 M) | (4 M) | 1.8 M | 657.7 K | 2.8 M | 6.4 M | 10 M | 15.7 M | 7.1 M | 7.5 M |
Gildan Activewear and related stocks such as Signet Jewelers, TheRealReal, and Envela Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Gildan Activewear financial statement analysis. It represents the amount of money remaining after all of Gildan Activewear operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gildan Activewear Competitive Analysis
The better you understand Gildan Activewear competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Gildan Activewear'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 Gildan Activewear'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 |
Gildan Activewear Competition Performance Charts
Five steps to successful analysis of Gildan Activewear Competition
Gildan Activewear'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 Gildan Activewear in relation to its competition. Gildan Activewear's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Gildan Activewear 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 Gildan Activewear's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Gildan Activewear, 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 Gildan Activewear position
In addition to having Gildan Activewear 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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Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
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Check out Gildan Activewear Correlation with its peers. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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When running Gildan Activewear's price analysis, check to measure Gildan Activewear'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 Gildan Activewear is operating at the current time. Most of Gildan Activewear's value examination focuses on studying past and present price action to predict the probability of Gildan Activewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gildan Activewear's price. Additionally, you may evaluate how the addition of Gildan Activewear to your portfolios can decrease your overall portfolio volatility.
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Is Gildan Activewear'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 Gildan Activewear. If investors know Gildan 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 Gildan Activewear 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 0.932 | Dividend Share 0.744 | Earnings Share 3.03 | Revenue Per Share 18.165 | Quarterly Revenue Growth 0.087 |
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear'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 Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear'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 Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear'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.