Compare Arista to Lenovo, Lenovo, Legend, Acer, Toshiba, SYV

Comparing Arista to Lenovo, Lenovo, Legend, Acer, Toshiba, SYV can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.
Specify up to 10 symbols:

Correlation Matrix

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 instruments. 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.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
LHL1
+ 0.76
LHL
SYV
+ 0.7
117
SYV
+ 0.54
1PC
TECA
+ 0.52
117
1PC
+ 0.44
117
1PC
+ 0.38
LHL
  
High negative correlations   
TECA
- 0.45
LHL1
TECA
- 0.25
AC5G
LHL1
- 0.2
117
TECA
- 0.17
LHL
SYV
- 0.08
LHL1
SYV
- 0.0
LHL

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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.
All Fundamental Data

Competitive Analysis

    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
117 LHL LHL1 1PC AC5G TECA SYV
 1.27 
 105.82 
Arista
 0.87 
 1.16 
Lenovo
 0.87 
 22.80 
Lenovo
 1.11 
 0.91 
Legend
 22.03 
 4.60 
Acer
 1.83 
 21.40 
Toshiba
 8.33 
 3.30 
SYV
Market Volatility
(90 Days Market Risk)
Very steady
Dangerous
Not too volatile
Extremely Dangerous
Dangerous
Very steady
Very risky
Market Performance
(90 Days Performance)
Good
Modest
Insignificant
Good
Weak
Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Above Average
Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Sell
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Current Ratio
5.77 X
0.82 X
0.82 X
0.74 X
1.44 X
1.43 X
2.29 X
Net Asset
6.78 B
44.51 B
44.51 B
680.69 B
214.79 B
310.26 B
1.55 B
Profit Margin
0.31 %
0.03 %
0.03 %
0 %
0.03 %
(0.01) %
(0.19) %
EBITDA
1.59 B
4.29 B
4.29 B
36.77 B
17.29 B
25.08 B
1.55 M
Operating Margin
0.35 %
0.05 %
0.05 %
0.05 %
0.03 %
0.03 %
(0.17) %
Current Valuation
34.24 B
8.47 B
8.47 B
4.09 B
1.6 B
1.16 B
1.03 B
Price To Book
9.14 X
1.86 X
1.83 X
0.26 X
1.12 X
1.74 X
1.65 X
Five Year Return
N/A
4.49 %
4.52 %
N/A
N/A
1.54 %
N/A
Beta
1.26
1.14
1.14
0.77
0.63
0.51
1.71
Number Of Employees
3.61 K
82 K
82 K
94.76 K
10
18.54 K
1.72 K
Shares Outstanding
306.4 M
12.13 B
606.41 M
1.27 B
600.22 M
55.35 M
131.16 M
Cash Flow From Operations
492.81 M
4.08 B
4.08 B
22.17 B
6.5 B
10.04 B
48.15 M
Annual Yield
N/A
0.06 %
0.06 %
0.06 %
0.11 %
0.01 %
N/A
Total Debt
104.37 M
2.63 B
2.63 B
95.24 B
10.1 B
1.04 B
446.86 M
Return On Equity
0.31
0.38
0.38
0.14
0.13
-0.038
-0.14
Z Score
N/A
3.4
2.8
N/A
1.0
1.6
1.2
Return On Asset
0.15
0.044
0.044
0.0227
0.0306
0.03
-0.0478
Book Value Per Share
15.92 X
0.39 X
7.88 X
26.49 X
110.89 X
1,950 X
5.63 X
Total Asset
6.78 B
44.51 B
44.51 B
680.69 B
214.79 B
310.26 B
1.55 B
Debt To Equity
4.10 %
106.90 %
106.90 %
346.20 %
10.00 %
0.30 %
1.20 %
Target Price
402.5
N/A
33.45
N/A
N/A
N/A
28.33
Last Dividend Paid
N/A
0.049
0.049
0.4
2.28
40.0
N/A
Shares Owned By Institutions
71.47 %
24.70 %
0.11 %
5.05 %
N/A
15.48 %
67.37 %
Market Capitalization
39.82 B
10.6 B
10.53 B
2.5 B
2.36 B
1.45 B
1.32 B
Price To Earning
23.69 X
14.48 X
14.27 X
6.20 X
14.35 X
8.61 X
N/A
Price To Earnings To Growth
1.10 X
1.15 X
1.12 X
N/A
N/A
N/A
N/A
Price To Sales
9.53 X
0.13 X
0.13 X
0 X
0.01 X
0 X
1.88 X
Net Income
1.35 B
2.03 B
2.03 B
5.75 B
10.9 B
5.38 B
322.05 M
Earnings Per Share
4.11 X
0.16 X
3.11 X
0.16 X
0.41 X
(0.36) X
(0.75) X
Shares Owned By Insiders
22.96 %
42.14 %
N/A
57.33 %
N/A
51.77 %
2.37 %
Revenue
4.38 B
71.62 B
71.62 B
489.87 B
319.01 B
445.32 B
615.64 M
Cash And Equivalents
2.26 B
2.68 B
2.68 B
6.69 B
1.03 B
575.25 M
92.09 M
Cash Per Share
29.46 X
0.22 X
4.46 X
2.84 X
1.70 X
2.09 X
0.81 X
Gross Profit
2.68 B
12.05 B
12.05 B
86.6 B
37.19 B
175.95 B
263.78 M
Day Typical Price
105.46
1.16
22.8
0.91
4.6
21.4
3.33
Accumulation Distribution
0.0307
0.0085
N/A
N/A
N/A
N/A
0.0265
Market Facilitation Index
3.28
0.01
N/A
N/A
N/A
N/A
0.09
Daily Balance Of Power
(0.41)
1.0
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
(3.33)
Period Momentum Indicator
(1.36)
0.01
(0.20)
0.01
(1.30)
(0.40)
(0.30)
Rate Of Daily Change
0.99
1.01
0.99
1.01
0.78
0.98
0.92
Day Median Price
105.28
1.17
22.8
0.91
4.6
21.4
3.35
Price Action Indicator
(0.14)
N/A
(0.10)
0.005
(0.65)
(0.20)
(0.20)
Relative Strength Index
69.56
51.29
47.1
61.75
59.69
53.69
61.06
Coefficient Of Variation
645.17
1120.69
1586.25
603.11
1869.5
5977.31
857.17
Mean Deviation
1.75
2.43
2.22
2.94
6.08
1.34
4.41
Jensen Alpha
0.3305
0.2852
0.1723
0.6742
0.5379
0.0222
0.7395
Total Risk Alpha
0.2874
0.1905
0.09
0.5649
0.2445
(0.03)
0.5404
Sortino Ratio
0.1412
0.0915
0.0539
0.1742
0.0313
(0)
0.1253
Downside Variance
5.49
8.07
7.5
14.33
257.49
3.35
30.5
Standard Deviation
2.34
3.28
2.85
4.17
9.99
1.75
6.21
Kurtosis
1.02
1.8
0.1081
2.5
1.52
0.3118
2.65
Potential Upside
4.32
5.94
5.23
9.09
17.39
3.0
10.68
Treynor Ratio
0.348
(2.10)
(1.52)
1.99
(0.84)
(0.15)
(0.63)
Maximum Drawdown
12.3
16.25
13.19
26.62
50.29
8.97
30.36
Variance
5.49
10.73
8.14
17.41
99.72
3.06
38.55
Market Risk Adjusted Performance
0.358
(2.09)
(1.51)
2.0
(0.83)
(0.14)
(0.62)
Risk Adjusted Performance
0.1294
0.0783
0.0572
0.1395
0.0516
0.0187
0.1011
Skewness
0.0116
0.8295
0.1756
0.681
(0.09)
0.1923
0.1579
Semi Deviation
2.02
2.34
2.35
3.02
7.99
1.51
5.14
Information Ratio
0.1413
0.0794
0.0518
0.1581
0.0503
(0)
0.1115
Value At Risk
(3.35)
(3.64)
(4.10)
(5.21)
(18.58)
(2.68)
(7.80)
Expected Short fall
(1.86)
(3.38)
(2.90)
(3.93)
(12.33)
(1.73)
(5.56)
Downside Deviation
2.34
2.84
2.74
3.79
16.05
1.83
5.52
Semi Variance
4.09
5.5
5.54
9.12
63.83
2.29
26.37

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, 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.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Explore Investing Ideas

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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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 the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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