Double Competitors

4764 Stock

TWD 43.30 0.20 0.46%

Double Bond Chemical competes with Nan Ya, China Petrochemical, Eternal Materials, TSRC Corp, and Nantex Industry; as well as few others. The company operates under Basic Materials sector and is part of Specialty Chemicals industry. Analyzing Double Bond 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 Double Bond to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Double Bond 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 Double Bond competition on your existing holdings.

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
41.97	43.30	44.63

Details

Intrinsic

Valuation

Low	Real	High
43.08	44.41	45.74

Details

Double Bond Competition Correlation Matrix

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

	1303	1314	1717	2103	2108	2104	4766	1305	4755	4739
1303		0.72	0.89	0.83	0.88	0.92	-0.37	0.96	-0.03	-0.04	1303
1314	0.72		0.82	0.29	0.75	0.73	-0.05	0.69	0.53	0.06	1314
1717	0.89	0.82		0.66	0.89	0.82	-0.37	0.93	0.24	-0.18	1717
2103	0.83	0.29	0.66		0.67	0.73	-0.46	0.81	-0.36	-0.06	2103
2108	0.88	0.75	0.89	0.67		0.74	-0.5	0.9	0.11	-0.17	2108
2104	0.92	0.73	0.82	0.73	0.74		-0.04	0.83	0.1	0.18	2104
4766	-0.37	-0.05	-0.37	-0.46	-0.5	-0.04		-0.51	0.28	0.39	4766
1305	0.96	0.69	0.93	0.81	0.9	0.83	-0.51		-0.03	-0.19	1305
4755	-0.03	0.53	0.24	-0.36	0.11	0.1	0.28	-0.03		0.2	4755
4739	-0.04	0.06	-0.18	-0.06	-0.17	0.18	0.39	-0.19	0.2		4739
	1303	1314	1717	2103	2108	2104	4766	1305	4755	4739

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

High positive correlations

1305	+ 0.96	1303
1305	+ 0.93	1717
2104	+ 0.92	1303
1305	+ 0.9	2108
1717	+ 0.89	1303
2108	+ 0.89	1717

High negative correlations

1305	- 0.51	4766
4766	- 0.5	2108
4766	- 0.46	2103
4766	- 0.37	1717
4766	- 0.37	1303
4755	- 0.36	2103

Risk-Adjusted Indicators

There is a big difference between Double Stock performing well and Double Bond 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 Double Bond'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
1303	1.27	(0.49)	0.00	(1.63)	0.00	0.00	2.30	(3.24)	10.28
1314	1.11	(0.41)	0.00	(1.20)	0.00	0.00	2.25	(2.91)	9.38
1717	0.96	(0.24)	0.00	(1.28)	0.00	0.00	2.51	(2.15)	8.65
2103	0.95	(0.20)	0.00	(1.81)	0.00	0.00	1.71	(2.42)	7.52
2108	0.98	(0.22)	0.00	(0.80)	0.00	0.00	1.88	(2.06)	8.16
2104	0.94	(0.30)	0.00	(2.22)	0.00	0.00	1.66	(2.40)	8.63
4766	1.36	0.04	0.01	0.40	1.32	(2.01)	3.17	(2.38)	9.41
1305	1.36	(0.43)	0.00	5.30	0.00	0.00	2.35	(3.03)	14.18
4755	1.78	(0.08)	0.00	0.26	0.00	0.00	4.55	(3.16)	13.74
4739	1.35	(0.10)	0.00	(0.17)	0.00	0.00	2.88	(2.37)	8.64

Unable to evaluate fundamental data of [1303.TW, 1314.TW, 1717.TW, 2103.TW, 2108.TW, 2104.TW, 4766.TW, 1305.TW, 4755.TW, 4739.TW] at this time. Please try again later

All Fundamental Data

Double Bond Competitive Analysis

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

	4764	1303	1314	1717	2103	2108	2104	4766	1305	4755
	0.46 43.30 Double	0.16 31.10 Nan	1.77 7.47 China	2.00 28.05 Eternal	1.98 20.60 TSRC	2.59 33.65 Nantex	2.72 13.20 International	1.15 308.00 Nan	0.41 12.30 China	1.54 131.50 San
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Not too volatile	Very steady	Very steady	Very steady	Not too volatile	Very steady	Not too volatile	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Below Average	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Under Valued	Over Valued	Fairly Valued	Over 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	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Strong Sell	Strong Sell	Strong Sell
Current Ratio	1.94	1.71	3.14	1.9	1.5	3.99	1.99	N/A	2.95	2.1
Net Asset	4.81 B	668.7 B	135.46 B	60.54 B	32.83 B	20.75 B	57.51 B	25.93 B	16.98 B	6.58 B
Profit Margin	0.028	0.13	0.0383	0.0584	0.0692	0.13	0.11	0.0736	0.0147	0.18
EBITDA	219.59 M	124.76 B	5.43 B	6.84 B	6.95 B	10.11 B	6.6 B	1.73 B	4.02 B	1.12 B
Operating Margin	0.0161	0.12	-0.0644	0.0682	0.0987	0.18	0.2	0.0693	-0.0066	0.19
Current Valuation	5.34 B	641.46 B	68.25 B	54.68 B	27.8 B	8.14 B	17.33 B	16.8 B	15.82 B	14.63 B
Price To Book	1.9	1.52	0.47	1.51	1.27	1.26	0.58	1.09	1.57	3.01
Retained Earnings	N/A	175.07 B	29.65 B	7.78 B	5.39 B	2.1 B	5.51 B	N/A	2.04 B	1.01 B
Current Asset	N/A	205.3 B	16.44 B	29.44 B	12.39 B	4.86 B	16.03 B	N/A	5.93 B	1.82 B
Five Year Return	N/A	5.42	N/A	4.11	3.23	4.74	3.64	N/A	4.53	4.45
Beta	0.6	0.6	0.77	0.74	0.85	0.58	0.89	0.61	1.0	1.2
Number Of Employees	17	57	42	28	42	53	31	10	16	13
Shares Outstanding	85.54 M	7.93 B	3.78 B	1.18 B	852.71 M	492.42 M	970 M	120.57 M	581.05 M	100.71 M
Cash Flow From Operations	41.19 M	78.88 B	(29.55 B)	749.57 M	2.7 B	9.16 B	3.85 B	137.06 M	2.21 B	286.76 M
Annual Yield	0.0078	0.1	0.0396	0.064	0.0833	0.17	0.0099	0.0432	0.0936	0.0385
Total Debt	1.31 B	86.11 B	18.59 B	12.51 B	2.29 B	21.67 M	3.59 B	1.94 B	882.58 M	103.93 M
Return On Equity	0.0353	0.14	0.0147	0.12	0.14	0.12	0.0823	0.11	0.0312	0.25
Z Score	1.8	3.6	1.2	1.8	6.0	N/A	3.0	4.8	11.8	75.0
Return On Asset	0.0062	0.0432	-0.0093	0.0352	0.062	0.0788	0.0553	0.0375	-0.0047	0.11
Book Value Per Share	27.64	48.48	21.2	20.9	22.72	29.42	35.92	123.59	16.16	44.78
Current Liabilities	N/A	73.73 B	6.25 B	12.46 B	7.97 B	954 M	8.35 B	N/A	2.02 B	871 M
Total Asset	4.81 B	668.7 B	135.46 B	60.54 B	32.83 B	20.75 B	57.51 B	25.93 B	16.98 B	6.58 B
Debt To Equity	0.81	0.39	12.6	98.3	0.51	0.023	0.31	N/A	11.0	0.11
Target Price	76.0	68.0	42.34	35.24	31.0	34.34	42.0	143.0	33.0	120.75
Last Dividend Paid	0.38	7.5	0.4	1.58	2.4	7.0	0.2	6.0	2.5	2.0
Shares Owned By Institutions	N/A	13.09	8.88	10.07	18.36	8.5	9.2	6.41	15.23	2.73
Market Capitalization	4.45 B	598.78 B	38.61 B	37.65 B	25.11 B	19.99 B	19.59 B	16.76 B	16.21 B	13.09 B
Price To Earning	59.9	16.55	8.52	16.16	12.73	6.87	32.11	N/A	12.6	16.09
Price To Earnings To Growth	N/A	-2.09	N/A	N/A	1.22	N/A	N/A	N/A	N/A	N/A
Price To Sales	1.49	1.48	1.25	0.73	0.69	1.39	0.74	0.76	0.76	2.14
Net Income	106.87 M	81.3 B	3.6 B	3.55 B	3.93 B	7.35 B	3.4 B	875.78 M	2.47 B	673.64 M
Earnings Per Share	0.93	6.33	0.31	2.53	2.86	3.56	2.87	12.97	0.48	10.6
Shares Owned By Insiders	69.29	38.12	11.04	32.64	36.86	46.3	30.11	61.48	35.52	64.32
Revenue	3.06 B	411.67 B	35.16 B	50.47 B	32.53 B	23.52 B	24.62 B	17.98 B	20.22 B	4.78 B
Working Capital	N/A	131.56 B	10.19 B	16.98 B	4.41 B	3.9 B	7.68 B	N/A	3.91 B	953 M
Cash And Equivalents	1.13 B	110.86 B	13.55 B	6.38 B	4.55 B	9.62 B	14.63 B	N/A	1.39 B	447.02 M
Cash Per Share	13.2	13.98	4.78	5.15	5.52	19.54	15.09	N/A	2.65	4.44
Gross Profit	537.84 M	103.85 B	5.1 B	10.69 B	6.8 B	12.24 B	6.94 B	4.1 B	5.04 B	1.2 B
Day Typical Price	43.23	31.4	7.48	28.0	20.65	33.43	13.18	307.83	12.37	131.83
Accumulation Distribution	23.09	759021.0	179497.0	11279.28	20387.04	11662.68	30284.51	1044.68	17882.32	2519.44
Daily Balance Of Power	1.0	0.0556	0.8667	1.571429	1.142857	1.0	1.4	1.4	0.1667	1.0
Period Momentum Indicator	0.2	0.05	0.13	0.55	0.4	0.85	0.35	3.5	0.05	2.0
Rate Of Daily Change	1.0	1.0	1.02	1.02	1.02	1.03	1.03	1.01	1.0	1.02
Day Median Price	43.2	31.55	7.49	27.98	20.68	33.33	13.18	307.75	12.4	132.0
Price Action Indicator	0.2	(0.42)	0.05	0.35	0.13	0.75	0.2	2.0	(0.07)	0.5
Coefficient Of Variation	(2,829)	(382.43)	(398.86)	(602.11)	(736.67)	(693.82)	(475.01)	3724.41	(482.73)	(3,473)
Mean Deviation	0.9309	1.27	1.11	0.9554	0.9518	0.9797	0.9388	1.36	1.36	1.78
Jensen Alpha	(0.06)	(0.49)	(0.41)	(0.24)	(0.20)	(0.22)	(0.30)	0.0365	(0.43)	(0.08)
Total Risk Alpha	(0.1)	(0.54)	(0.45)	(0.28)	(0.23)	(0.25)	(0.33)	(0.01)	(0.49)	(0.17)
Sortino Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.0104	N/A	N/A
Downside Variance	N/A	N/A	N/A	N/A	N/A	N/A	N/A	2.27	N/A	N/A
Standard Deviation	1.32	1.81	1.57	1.37	1.36	1.38	1.35	1.82	2.01	2.7
Kurtosis	3.41	3.74	1.75	6.74	1.9	2.81	2.54	0.9197	8.68	5.07
Potential Upside	2.23	2.3	2.25	2.51	1.71	1.88	1.66	3.17	2.35	4.55
Treynor Ratio	(0.20)	(1.63)	(1.20)	(1.28)	(1.81)	(0.80)	(2.22)	0.4007	5.3	0.257
Maximum Drawdown	8.34	10.28	9.38	8.65	7.52	8.16	8.63	9.41	14.18	13.74
Variance	1.74	3.29	2.47	1.87	1.84	1.91	1.82	3.3	4.05	7.29
Market Risk Adjusted Performance	(0.19)	(1.62)	(1.19)	(1.27)	(1.80)	(0.79)	(2.21)	0.4107	5.31	0.267
Risk Adjusted Performance	(0.02)	(0.20)	(0.19)	(0.13)	(0.10)	(0.11)	(0.16)	0.0269	(0.16)	(0.02)
Skewness	0.8907	0.8108	(0.15)	1.82	0.2851	1.02	(0.52)	0.8857	1.92	1.73
Semi Deviation	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.32	N/A	N/A
Information Ratio	(0.06)	(0.28)	(0.27)	(0.19)	(0.16)	(0.17)	(0.24)	0.0086	(0.22)	(0.04)
Value At Risk	(1.70)	(3.24)	(2.91)	(2.15)	(2.42)	(2.06)	(2.40)	(2.38)	(3.03)	(3.16)
Expected Short fall	N/A	N/A	N/A	N/A	N/A	N/A	N/A	(2.01)	N/A	N/A
Downside Deviation	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.51	N/A	N/A
Semi Variance	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.74	N/A	N/A

Double Bond Competition Performance Charts

Five steps to successful analysis of Double Bond Competition

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

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

In addition to having Double Bond 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?

Run Top Crypto Assets Thematic Idea Now

Top Crypto Assets

An experimental p2p digital currency that is accepted by many vendors in null. The Top Crypto Assets theme has 0 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 Top Crypto Assets Theme or any other thematic opportunities.

View All Next

Launch

Additional Tools for Double Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC