Gigabyte Competitors

Stocks . Taiwan . 
Stock . Gigabyte Technology Co
2376 Stock  TWD 268.00  3.50  1.29%   
Gigabyte Technology competes with AU Optronics, Innolux Corp, Ruentex Development, WiseChip Semiconductor, and Novatek Microelectronics; as well as few others. The company operates under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. Analyzing Gigabyte Technology 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 Gigabyte Technology to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Gigabyte Technology 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 Gigabyte Technology competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
265.93268.00270.07
Details
Intrinsic
Valuation
LowRealHigh
193.57195.64294.80
Details
Naive
Forecast
LowNextHigh
276.08278.14280.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
266.73273.10279.47
Details

Gigabyte Technology Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Gigabyte Technology 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 Gigabyte 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 Gigabyte Technology does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
9921
+ 0.87
5245
9921
+ 0.86
3058
5245
+ 0.81
2409
9921
+ 0.81
3034
9945
+ 0.79
2409
3034
+ 0.78
2409
  
High negative correlations   
2882A
- 0.63
3058
2882A
- 0.62
9921
6697
- 0.59
3034
9921
- 0.58
6697
9908
- 0.52
6697
9908
- 0.49
2882A

Risk-Adjusted Indicators

There is a big difference between Gigabyte Stock performing well and Gigabyte Technology 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 Gigabyte Technology'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
2409  1.19 (0.04)(0.07)(0.02) 1.30 
(1.41)
 2.52 
(1.89)
 8.17 
3481  1.38  0.07  0.03  0.19  1.41 
(1.67)
 2.94 
(2.54)
 12.56 
9945  0.94 (0.04) 0.00 (0.28) 0.00 
 0.00 
 1.56 
(2.24)
 7.35 
5245  1.47 (0.09) 0.00  0.76  0.00 
 0.00 
 2.89 
(3.44)
 14.50 
3034  1.02 (0.15) 0.00 (0.74) 0.00 
 0.00 
 1.91 
(2.55)
 6.30 
3058  1.36 (0.19) 0.00  2.71  0.00 
 0.00 
 2.79 
(2.89)
 8.09 
6697  1.35  0.13  0.04  0.46  1.60 
(1.70)
 3.46 
(2.27)
 15.29 
9921  1.62 (0.58) 0.00 (2.70) 0.00 
 0.00 
 2.38 
(4.49)
 14.43 
2882A  0.10  0.01 (0.37) 0.52  0.00 
(0.27)
 0.33 
(0.16)
 0.82 
9908  0.18 (0.02) 0.00 (0.42) 0.00 
 0.00 
 0.33 
(0.33)
 1.16 
All Fundamental Data

Gigabyte Technology Competitive Analysis

The better you understand Gigabyte Technology competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Gigabyte Technology'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 Gigabyte Technology'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
2376 2409 3481 9945 5245 3034 3058 6697 9921 2882A
 1.29 
 268.00 
Gigabyte
 1.87 
 15.75 
2409
 2.54 
 15.35 
Innolux
 2.38 
 45.10 
Ruentex
 3.03 
 33.65 
WiseChip
 1.14 
 487.50 
Novatek
 1.53 
 16.05 
Leader
 1.16 
 46.85 
Information
 0.33 
 150.00 
Giant
 0.33 
 61.10 
Cathay
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Insignificant
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Modest
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Below Average
Low
Low
Low
Low
Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Fairly 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
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Buy
Strong Buy
Strong Hold
Sell
Strong Hold
Cautious Hold
Strong Buy
Cautious Hold
Strong Sell
Current Ratio
2.32
1.3
1.36
1.67
1.29
2.06
1.25
N/A
1.42
1.19
Net Asset
69.18 B
424.81 B
467.52 B
191.78 B
1.71 B
120.59 B
5.24 B
N/A
77.2 B
11.59 T
Profit Margin
0.0811
-0.0855
-0.0378
0.53
0.15
0.25
-0.0544
N/A
0.0741
0.13
EBITDA
16.8 B
102.29 B
99.69 B
19.66 B
368.53 M
49.24 B
(114.34 M)
N/A
10.89 B
(235.56 B)
Operating Margin
0.0783
-0.0971
-0.0541
0.13
0.17
0.3
-0.042
N/A
0.0928
-0.42
Current Valuation
54.66 B
112.34 B
50.78 B
196.39 B
2.5 B
144.82 B
2.91 B
N/A
115.88 B
(1.21 T)
Price To Book
1.88
0.61
0.42
6.72
2.08
3.05
1.11
N/A
3.14
N/A
Retained Earnings
11.94 B
14.93 B
19.35 B
18.36 B
N/A
20.21 B
289 M
N/A
14.97 B
N/A
Current Asset
28.08 B
143.3 B
107.11 B
28.06 B
N/A
34.22 B
2.77 B
N/A
34.81 B
N/A
Five Year Return
6.77
5.29
3.69
N/A
4.56
6.09
N/A
N/A
2.82
N/A
Beta
0.74
1.21
1.47
0.77
0.94
1.12
0.92
N/A
1.14
0.61
Number Of Employees
28
52
30
26
275
30
29
N/A
39
57.1 K
Shares Outstanding
634.98 M
7.65 B
9.51 B
3.15 B
43.16 M
608.51 M
156.58 M
N/A
409.06 M
12.5 B
Cash Flow From Operations
8.35 B
104.72 B
101.75 B
6.07 B
325.69 M
41.72 B
(112.27 M)
N/A
(4.96 B)
72.52 B
Annual Yield
0.1
0.2
0.17
0.0303
0.0857
0.14
0.0133
N/A
0.0481
0.0404
Total Debt
200 M
37.82 B
35.59 B
31.94 B
31.69 M
293.66 M
156.45 M
N/A
3.16 B
429.04 B
Return On Equity
0.26
-0.0977
-0.0339
0.24
0.19
0.42
-0.17
N/A
0.23
0.12
Z Score
N/A
1.8
1.8
2.4
42.6
N/A
6.0
N/A
16.6
0.6
Return On Asset
0.093
-0.0369
-0.0196
0.0164
0.0872
0.26
-0.0248
N/A
0.0647
-0.0129
Book Value Per Share
54.52
24.16
28.09
6.68
27.7
100.74
9.27
N/A
80.43
21.23
Current Liabilities
9.79 B
130.19 B
110.97 B
16.96 B
N/A
10.2 B
2.13 B
N/A
23.12 B
N/A
Total Asset
69.18 B
424.81 B
467.52 B
191.78 B
1.71 B
120.59 B
5.24 B
N/A
77.2 B
11.59 T
Debt To Equity
2.3
50.2
20.4
2.24
0.17
1.0
57.3
N/A
71.3
0.5
Target Price
132.5
15.17
11.73
29.17
N/A
371.06
N/A
N/A
252.22
N/A
Last Dividend Paid
12.0
N/A
1.17
1.33
4.48
N/A
N/A
N/A
10.0
3.5
Shares Owned By Institutions
24.2
17.6
14.13
8.22
0.43
40.9
0.96
N/A
27.91
0.01
Market Capitalization
75.56 B
131.21 B
122.69 B
139.36 B
2.27 B
242.49 B
1.57 B
N/A
84.47 B
471.73 B
Price To Earning
33.42
16.3
75.27
8.82
17.43
13.01
0.68
N/A
24.07
7.79
Price To Earnings To Growth
-1.74
-0.07
0.05
-1.03
N/A
2.12
N/A
N/A
4.48
N/A
Price To Sales
0.62
0.4
0.43
4.83
1.64
1.54
0.34
N/A
0.95
0.82
Net Income
13.34 B
61.33 B
57.53 B
16.24 B
197.86 M
38.87 B
(321.88 M)
N/A
5.93 B
139.51 B
Earnings Per Share
13.87
1.47
2.21
5.08
5.1
57.16
-2.42
N/A
17.48
8.58
Shares Owned By Insiders
21.03
16.38
7.62
45.16
51.48
5.1
17.93
N/A
20.18
N/A
Revenue
121.91 B
370.69 B
350.08 B
27.29 B
1.45 B
135.37 B
4.72 B
N/A
81.84 B
621.86 B
Working Capital
18.3 B
13.11 B
(3.86 B)
11.1 B
N/A
24.02 B
644 M
N/A
11.69 B
N/A
Cash And Equivalents
12.2 B
71.84 B
77.21 B
7.39 B
139.05 M
20.45 B
810.93 M
N/A
10.86 B
2.3 T
Cash Per Share
19.29
7.47
7.76
2.35
3.08
33.6
4.94
N/A
28.94
174.87
Gross Profit
29.59 B
1.57 B
91.5 B
5.73 B
505.36 M
50.94 B
358.69 M
N/A
19.76 B
325.74 B
Day Typical Price
269.5
15.8
15.47
45.45
33.77
484.67
16.1
46.67
150.0
61.07
Accumulation Distribution
49643.6
456382.0
1.4 M
114009.0
206.77
34919.8
9453.2
2326.87
10248.29
10.3
Daily Balance Of Power
(0.78)
(0.86)
(0.89)
(0.96)
(3.00)
0.5789
(0.71)
(0.26)
0.25
(2.00)
Period Momentum Indicator
(3.50)
(0.30)
(0.40)
(1.10)
(1.05)
5.5
(0.25)
(0.55)
0.5
(0.20)
Rate Of Daily Change
0.99
0.98
0.97
0.98
0.97
1.01
0.98
0.99
1.0
1.0
Day Median Price
270.25
15.83
15.53
45.63
33.83
483.25
16.13
46.58
150.0
61.05
Price Action Indicator
(4.00)
(0.23)
(0.38)
(1.07)
(0.70)
7.0
(0.20)
N/A
0.25
(0.05)
Coefficient Of Variation
1205.05
71980.13
1399.84
(6,980)
(2,774)
(1,123)
(940.07)
1284.88
(412.20)
766.22
Mean Deviation
1.5
1.19
1.38
0.9383
1.47
1.02
1.36
1.35
1.62
0.0968
Jensen Alpha
0.1547
(0.04)
0.0711
(0.04)
(0.09)
(0.15)
(0.19)
0.1295
(0.58)
0.0083
Total Risk Alpha
(0.1)
(0.20)
(0.12)
(0.18)
(0.40)
(0.32)
(0.41)
(0.11)
(0.84)
(0.01)
Sortino Ratio
0.0381
(0.07)
0.027
N/A
N/A
N/A
N/A
0.0352
N/A
(0.37)
Downside Variance
3.62
2.09
2.48
N/A
N/A
N/A
N/A
4.08
N/A
0.0455
Standard Deviation
2.08
1.55
2.0
1.23
2.45
1.43
1.73
2.2
2.25
0.1539
Kurtosis
2.26
0.9906
6.41
1.05
7.39
3.57
(0.29)
6.47
2.45
2.27
Potential Upside
3.86
2.52
2.94
1.56
2.89
1.91
2.79
3.46
2.38
0.33
Treynor Ratio
1.84
(0.02)
0.1943
(0.28)
0.7601
(0.74)
2.71
0.4585
(2.70)
0.5173
Maximum Drawdown
12.24
8.17
12.56
7.35
14.5
6.3
8.09
15.29
14.43
0.8224
Variance
4.33
2.4
3.98
1.5
5.99
2.06
2.99
4.83
5.07
0.0237
Market Risk Adjusted Performance
1.85
(0.01)
0.2043
(0.27)
0.7701
(0.73)
2.72
0.4685
(2.69)
0.5273
Risk Adjusted Performance
0.0667
0.0063
0.0582
(0.01)
(0.02)
(0.06)
(0.07)
0.0631
(0.17)
0.0575
Skewness
0.8776
0.7721
1.78
(0.05)
1.97
(1.12)
0.2206
1.33
(0.32)
0.9248
Semi Deviation
1.64
1.3
1.41
N/A
N/A
N/A
N/A
1.6
N/A
0.0
Information Ratio
0.0349
(0.06)
0.0213
(0.1)
(0.08)
(0.16)
(0.16)
0.0323
(0.29)
(0.52)
Value At Risk
(2.82)
(1.89)
(2.54)
(2.24)
(3.44)
(2.55)
(2.89)
(2.27)
(4.49)
(0.16)
Expected Short fall
(1.77)
(1.41)
(1.67)
N/A
N/A
N/A
N/A
(1.70)
N/A
(0.27)
Downside Deviation
1.9
1.45
1.58
N/A
N/A
N/A
N/A
2.02
N/A
0.2134
Semi Variance
2.7
1.7
1.98
N/A
N/A
N/A
N/A
2.55
N/A
(0.01)

Gigabyte Technology Competition Performance Charts

Five steps to successful analysis of Gigabyte Technology Competition

Gigabyte Technology'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 Gigabyte Technology in relation to its competition. Gigabyte Technology's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Gigabyte Technology 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 Gigabyte Technology's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Gigabyte Technology, 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.

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Additional Tools for Gigabyte Stock Analysis

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