Shiny Competitors

1773 Stock

TWD 154.50 2.00 1.31%

Shiny Chemical Industrial competes with China Steel, TTET Union, Eternal Materials, Yung Chi, and Kung Long; as well as few others. The company operates under Chemicals sector and is part of Materials industry. Analyzing Shiny Chemical 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 Shiny Chemical to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Shiny Chemical 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 Shiny Chemical competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
152.84	154.50	156.16

Details

Intrinsic

Valuation

Low	Real	High
153.72	155.38	157.04

Details

Shiny Chemical Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Shiny Chemical 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 Shiny 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 Shiny Chemical Industrial does not affect the price movement of the other competitor.

	1723	1232	1717	1726	1537
1723		0.66	0.88	0.69	0.58	1723
1232	0.66		0.4	0.57	0.13	1232
1717	0.88	0.4		0.64	0.6	1717
1726	0.69	0.57	0.64		0.51	1726
1537	0.58	0.13	0.6	0.51		1537
	1723	1232	1717	1726	1537

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Risk-Adjusted Indicators

There is a big difference between Shiny Stock performing well and Shiny Chemical 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 Shiny Chemical'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
1723	0.64	0.12	0.28	1.62	0.57	(0.79)	1.56	(1.19)	2.95
1232	0.46	0.06	0.24	0.71	0.42	(0.65)	1.02	(0.69)	4.67
1717	0.71	(0.07)	0.00	(2.75)	0.00	0.00	1.93	(1.25)	5.02
1726	0.38	(0.03)	0.00	9.31	0.00	0.00	0.79	(0.91)	2.26
1537	0.63	(0.03)	0.00	(0.48)	0.00	0.00	0.99	(1.25)	4.18

Unable to evaluate fundamental data of [1723.TW, 1232.TW, 1717.TW, 1726.TW, 1537.TW] at this time. Please try again later

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Shiny Chemical Competitive Analysis

The better you understand Shiny Chemical competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Shiny Chemical'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 Shiny Chemical'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

	1773	1723	1232	1717	1726	1537
	1.31 154.50 Shiny	1.23 99.00 China	0.33 152.00 TTET	1.23 28.80 Eternal	0.79 76.10 Yung	0.32 154.00 Kung
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Good	OK	Insignificant	Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Hold	Strong Hold	Cautious Hold	Cautious Hold	Hold
Current Ratio	0.99 X	1.33 X	2.52 X	1.90 X	6.36 X	4.41 X
Net Asset	10.94 B	11.73 B	7 B	60.54 B	11.24 B	5.25 B
Profit Margin	0.16 %	0.15 %	0.06 %	0.06 %	0.08 %	0.13 %
EBITDA	2.33 B	1.82 B	1.8 B	6.84 B	1.22 B	968.11 M
Operating Margin	0.18 %	0.16 %	0.07 %	0.07 %	0.08 %	0.13 %
Current Valuation	31.99 B	24.85 B	22.36 B	54.68 B	9.9 B	9.72 B
Price To Book	3.80 X	3.28 X	4.71 X	1.51 X	1.22 X	2.61 X
Retained Earnings	2.3 B	3.32 B	1.68 B	7.78 B	6.33 B	1.76 B
Current Asset	2.47 B	3.89 B	4.51 B	29.44 B	7.27 B	3.74 B
Five Year Return	3.79 %	4.70 %	5.57 %	4.11 %	4.94 %	5.39 %
Beta	0.72	0.59	0.33	0.74	0.25	0.26
Number Of Employees	15	29	16	28	15	16
Shares Outstanding	250 M	232.15 M	159.98 M	1.18 B	162 M	82.07 M
Cash Flow From Operations	1.42 B	1.38 B	286.18 M	749.57 M	645.68 M	590 M
Annual Yield	0.02 %	0.04 %	0.04 %	0.06 %	0.05 %	0.05 %
Total Debt	1.1 B	1.1 B	308.94 M	12.51 B	14.01 M	137.67 M
Return On Equity	0.26	0.21	0.29	0.12	0.0835	0.23
Z Score	19.0	13.8	47.0	1.8	N/A	51.4
Return On Asset	0.12	0.0875	0.15	0.0352	0.0442	0.11
Book Value Per Share	30.69 X	32.35 X	30.49 X	20.90 X	58.00 X	52.56 X
Current Liabilities	1.1 B	2.76 B	1.7 B	12.46 B	1.07 B	1.35 B
Total Asset	10.94 B	11.73 B	7 B	60.54 B	11.24 B	5.25 B
Debt To Equity	0.38 %	41.70 %	8.40 %	98.30 %	0.10 %	3.20 %
Target Price	50.0	125.5	43.3	35.24	N/A	180.0
Last Dividend Paid	2.4	4.0	6.0	1.58	3.5	7.0
Shares Owned By Institutions	2.89 %	14.35 %	0.70 %	10.07 %	3.06 %	18.80 %
Market Capitalization	33 B	25.54 B	23.28 B	37.65 B	11.6 B	11.57 B
Price To Earning	14.21 X	18.79 X	19.32 X	16.16 X	17.16 X	13.18 X
Price To Earnings To Growth	N/A	1.28 X	N/A	N/A	N/A	N/A
Price To Sales	2.48 X	2.36 X	0.96 X	0.73 X	1.20 X	1.58 X
Net Income	1.62 B	1.1 B	1.24 B	3.55 B	882.17 M	620.04 M
Earnings Per Share	7.37 X	6.85 X	8.29 X	2.53 X	4.74 X	11.10 X
Shares Owned By Insiders	60.17 %	40.34 %	76.22 %	32.64 %	70.73 %	28.08 %
Revenue	11.14 B	7.98 B	20.48 B	50.47 B	8.87 B	5.8 B
Working Capital	1.37 B	1.13 B	2.82 B	16.98 B	6.2 B	2.39 B
Cash And Equivalents	286.24 M	3.12 B	1.86 B	6.38 B	2.51 B	1.38 B
Cash Per Share	1.14 X	13.43 X	11.65 X	5.15 X	15.50 X	16.90 X
Gross Profit	3.13 B	1.61 B	2.36 B	10.69 B	2.24 B	1.22 B
Day Typical Price	153.83	98.67	152.0	28.75	76.0	154.0
Accumulation Distribution	0.0129	0.0101	1329.41	8279.95	219.92	6749.98
Market Facilitation Index	2.0	1.0	0.0	N/A	0.0	0.0
Daily Balance Of Power	1.0	1.2	(0.25)	1.4	1.2	(0.17)
Period Momentum Indicator	2.0	1.2	(0.50)	0.35	0.6	(0.50)
Rate Of Daily Change	1.01	1.01	1.0	1.01	1.01	1.0
Day Median Price	153.5	98.5	152.0	28.73	75.95	154.0
Price Action Indicator	2.0	1.1	(0.25)	0.25	0.45	(0.25)
Coefficient Of Variation	(10,994)	658.55	1099.77	(1,423)	(2,286)	(2,790)
Mean Deviation	1.33	0.6411	0.4636	0.7137	0.3818	0.626
Jensen Alpha	0.012	0.1202	0.0614	(0.07)	(0.03)	(0.03)
Total Risk Alpha	0.1832	0.2137	0.1402	0.0415	0.0321	0.0658
Sortino Ratio	N/A	0.2841	0.2425	N/A	N/A	N/A
Downside Variance	N/A	0.6089	0.4476	N/A	N/A	N/A
Standard Deviation	1.66	0.8074	0.695	0.9377	0.5161	0.8476
Kurtosis	(0.25)	(0.11)	7.6	0.9613	2.19	1.43
Potential Upside	3.02	1.56	1.02	1.93	0.7937	0.9934
Treynor Ratio	(0.07)	1.62	0.7102	(2.75)	9.31	(0.48)
Maximum Drawdown	7.36	2.95	4.67	5.02	2.26	4.18
Variance	2.77	0.6519	0.483	0.8793	0.2664	0.7185
Market Risk Adjusted Performance	(0.06)	1.63	0.7202	(2.74)	9.32	(0.47)
Risk Adjusted Performance	(0)	0.1314	0.0766	(0.06)	(0.04)	(0.03)
Skewness	0.45	0.0972	1.74	0.7562	(0.72)	(0.77)
Semi Deviation	N/A	0.5662	0.4198	N/A	N/A	N/A
Information Ratio	0.0505	0.2745	0.2334	0.0353	0.1482	0.081
Value At Risk	(2.58)	(1.19)	(0.69)	(1.25)	(0.91)	(1.25)
Expected Short fall	N/A	(0.79)	(0.65)	N/A	N/A	N/A
Downside Deviation	N/A	0.7803	0.669	N/A	N/A	N/A
Semi Variance	N/A	0.3206	0.1762	N/A	N/A	N/A

Shiny Chemical Competition Performance Charts

Five steps to successful analysis of Shiny Chemical Competition

Shiny Chemical'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 Shiny Chemical Industrial in relation to its competition. Shiny Chemical's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Shiny Chemical 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 Shiny Chemical's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Shiny Chemical Industrial, 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 Shiny Chemical position

In addition to having Shiny Chemical 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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Additional Tools for Shiny Stock Analysis

When running Shiny Chemical's price analysis, check to measure Shiny Chemical'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 Shiny Chemical is operating at the current time. Most of Shiny Chemical's value examination focuses on studying past and present price action to predict the probability of Shiny Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shiny Chemical's price. Additionally, you may evaluate how the addition of Shiny Chemical to your portfolios can decrease your overall portfolio volatility.

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