Compare Jiangsu to Chongqing, Juneyao, Anhui, Advanced, Kangxin, Spring

Comparing Jiangsu to Chongqing, Juneyao, Anhui, Advanced, Kangxin, Spring 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.

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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.

	600901	301397	603885	002571	000969	600076	601021
600901		0.67	0.59	0.64	0.54	0.53	0.69	600901
301397	0.67		0.87	0.84	0.85	0.86	0.77	301397
603885	0.59	0.87		0.88	0.91	0.92	0.83	603885
002571	0.64	0.84	0.88		0.87	0.93	0.74	002571
000969	0.54	0.85	0.91	0.87		0.9	0.71	000969
600076	0.53	0.86	0.92	0.93	0.9		0.67	600076
601021	0.69	0.77	0.83	0.74	0.71	0.67		601021
	600901	301397	603885	002571	000969	600076	601021

Click cells to compare fundamentals

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Backtest Portfolio

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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
600901	1.51	0.27	0.10	1.01	2.07	(1.61)	3.47	(2.36)	18.16
301397	2.91	0.50	0.14	(1.42)	2.93	(3.36)	9.30	(5.20)	23.92
603885	2.20	0.50	0.20	1.77	1.99	(2.74)	4.71	(3.10)	16.84
002571	2.29	0.26	0.07	0.64	3.14	(2.50)	4.35	(4.17)	18.32
000969	2.53	0.59	0.19	(7.69)	2.43	(3.07)	7.46	(4.26)	20.03
600076	3.13	0.95	0.24	(6.60)	3.12	(3.62)	7.55	(5.15)	18.49
601021	1.60	0.18	0.08	(1.38)	1.95	(1.90)	3.30	(2.38)	14.87

Cross Equities Net Income Analysis

Compare Jiangsu Financial Leasing, Chongqing Sulian Plastic, and Juneyao Airlines Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
600901	822.2 M	822.2 M	822.2 M	822.2 M	822.2 M	822.2 M	822.2 M	1 B	1.3 B	1.6 B	1.9 B	2.1 B	2.4 B	2.7 B	1.9 B
603885	229.5 M	229.5 M	229.5 M	338.6 M	427.7 M	1 B	1.2 B	1.3 B	1.2 B	994.5 M	(473.8 M)	(497.6 M)	(4.1 B)	751.3 M	788.9 M
002571	28.6 M	53.4 M	93.5 M	80.1 M	9.6 M	(62.7 M)	(61.3 M)	50.6 M	(127.9 M)	13.5 M	5.1 M	8.7 M	(109.9 M)	(85.5 M)	(81.2 M)
000969	71.4 M	314.5 M	75.5 M	63 M	87.6 M	87.6 M	79 M	59.2 M	(217.7 M)	164.8 M	103.5 M	171.7 M	211.1 M	249.5 M	262 M
600076	29 M	(21.3 M)	(5.3 M)	52.1 M	(11.1 M)	269.4 M	383.9 M	466.3 M	467.6 M	390 M	(162.8 M)	30.5 M	(196 M)	(297.1 M)	(282.2 M)
601021	483.2 M	483.2 M	624.6 M	732.2 M	884.2 M	1.3 B	950.5 M	1.3 B	1.5 B	1.8 B	(588.4 M)	39.1 M	(3 B)	2.3 B	2.4 B

Jiangsu Financial Leasing, Chongqing Sulian Plastic, and Juneyao Airlines Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in entities financial statement analysis. It represents the amount of money remaining after all of organizations operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	600901	301397	603885	002571	000969	600076	601021
	1.17 5.06 Jiangsu	0.22 27.89 Chongqing	2.46 14.27 Juneyao	0.64 4.69 Anhui	1.50 11.49 Advanced	2.35 2.49 Kangxin	0.71 55.69 Spring
Market Volatility (90 Days Market Risk)	Slightly risky	Not too volatile	Not too volatile	Moderately volatile	Somewhat reliable	Very risky	Very steady
Market Performance (90 Days Performance)	Insignificant	OK	Good	Modest	Good	Solid	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Below Average	Below Average	Low	Low	Very Small
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Under 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)	Strong Hold	Strong Sell	Buy	Cautious Hold	Strong Sell	Strong Sell	Strong Sell
Net Asset	119.92 B	N/A	44.86 B	3.07 B	11.37 B	7 B	44.24 B
Profit Margin	0.64 %	0.13 %	0.04 %	(0.04) %	0.05 %	(0.45) %	0.11 %
EBITDA	N/A	190.62 M	3.32 B	99.06 M	617.98 M	(75.08 M)	4.37 B
Operating Margin	0.85 %	0.13 %	0.19 %	(0.02) %	0.06 %	(0.07) %	0.28 %
Current Valuation	126.67 B	2.6 B	61.71 B	2.73 B	10.7 B	4.38 B	63.63 B
Price To Book	1.26 X	1.73 X	3.38 X	1.53 X	2.21 X	0.79 X	3.08 X
Retained Earnings	6.72 B	N/A	27.3 M	(104.27 M)	890.74 M	1.84 B	6.59 B
Beta	0.4	N/A	0.61	0.55	0.34	0.52	0.75
Number Of Employees	528	1.41 K	10.32 K	3.21 K	5.52 K	309	9.78 K
Shares Outstanding	5.79 B	119.94 M	2.2 B	391.95 M	1.05 B	1.34 B	978.55 M
Cash Flow From Operations	2.73 B	N/A	6.41 B	138.34 M	786.02 M	(94.12 M)	6.69 B
Annual Yield	N/A	0.04 %	N/A	N/A	0.01 %	N/A	N/A
Total Debt	102.07 B	N/A	9.47 B	326.27 M	139.31 M	305.57 M	3.78 B
Return On Equity	0.14	0.0772	0.0923	-0.0603	0.074	-0.0647	0.13
Return On Asset	0.0225	0.0327	0.0307	-0.004	0.0193	-0.0175	0.0403
Book Value Per Share	4.04 X	16.28 X	4.24 X	3.06 X	5.21 X	3.14 X	18.29 X
Total Asset	119.92 B	N/A	44.86 B	3.07 B	11.37 B	7 B	44.24 B
Target Price	5.98	N/A	14.82	N/A	10.95	N/A	67.75
Last Dividend Paid	0.32	0.83	N/A	N/A	0.08	N/A	N/A
Shares Owned By Institutions	8.42 %	8.22 %	12.77 %	5.18 %	2.57 %	0.01 %	14.18 %
Market Capitalization	29.31 B	3.27 B	31.38 B	1.84 B	12.09 B	3.35 B	54.5 B
Price To Earnings To Growth	N/A	N/A	N/A	N/A	1.93 X	N/A	N/A
Price To Sales	6.69 X	2.79 X	1.46 X	1.01 X	1.51 X	4.95 X	2.78 X
Net Income	2.66 B	N/A	751.3 M	(85.51 M)	249.49 M	(297.1 M)	2.26 B
Earnings Per Share	0.51 X	1.01 X	0.40 X	(0.16) X	0.37 X	(0.21) X	2.24 X
Shares Owned By Insiders	65.03 %	64.62 %	63.06 %	50.76 %	38.00 %	45.71 %	56.63 %
Revenue	4.79 B	1.17 B	20.1 B	1.33 B	8.19 B	246.34 M	17.94 B
Working Capital	N/A	N/A	(13.01 B)	(364.08 M)	3.07 B	2.56 B	183.77 M
Gross Profit	2.83 B	N/A	(2.95 B)	124.7 M	1.18 B	48.76 M	(472.7 M)
Day Typical Price	5.08	27.72	14.43	4.71	11.44	2.49	55.95
Accumulation Distribution	0.0136	0.0418	0.0405	0.0312	0.0242	0.0277	0.038
Market Facilitation Index	0.07	1.18	0.6	0.15	0.28	0.07	2.17
Daily Balance Of Power	(0.86)	0.0508	(0.60)	0.2	0.6071	(0.86)	0.1797
Period Momentum Indicator	(0.06)	0.06	(0.36)	0.03	0.17	(0.06)	0.39
Rate Of Daily Change	0.99	1.0	0.98	1.01	1.02	0.98	1.01
Day Median Price	5.1	27.64	14.51	4.72	11.41	2.5	56.09
Price Action Indicator	(0.07)	0.28	(0.42)	(0.02)	0.17	(0.04)	(0.20)
Coefficient Of Variation	837.6	814.52	591.55	1152.62	574.54	414.42	1216.86
Mean Deviation	1.51	2.91	2.2	2.29	2.53	3.13	1.6
Jensen Alpha	0.2655	0.5042	0.4987	0.2576	0.5899	0.9456	0.1823
Total Risk Alpha	0.2055	0.3809	0.4197	0.1775	0.492	0.8319	0.1149
Sortino Ratio	0.0999	0.1379	0.2027	0.0706	0.1948	0.2391	0.0751
Downside Variance	6.23	11.82	5.68	12.0	8.44	14.82	4.39
Standard Deviation	2.36	4.13	3.05	3.19	3.44	3.95	2.31
Kurtosis	6.41	1.96	2.4	2.58	1.6	0.1766	3.15
Potential Upside	3.47	9.3	4.71	4.35	7.46	7.55	3.3
Treynor Ratio	1.01	(1.42)	1.77	0.6399	(7.69)	(6.60)	(1.38)
Maximum Drawdown	18.16	23.92	16.84	18.32	20.03	18.49	14.87
Variance	5.56	17.02	9.28	10.18	11.81	15.58	5.31
Market Risk Adjusted Performance	1.02	(1.41)	1.78	0.6499	(7.68)	(6.59)	(1.37)
Risk Adjusted Performance	0.1012	0.1053	0.1413	0.0762	0.1456	0.1992	0.0717
Skewness	(0.36)	0.6944	0.8694	(0.39)	0.2404	(0.01)	0.3662
Semi Deviation	2.07	2.93	1.99	3.14	2.43	3.12	1.95
Information Ratio	0.1057	0.115	0.1585	0.0767	0.1647	0.2331	0.0682
Value At Risk	(2.36)	(5.20)	(3.10)	(4.17)	(4.26)	(5.15)	(2.38)
Expected Short fall	(1.61)	(3.36)	(2.74)	(2.50)	(3.07)	(3.62)	(1.90)
Downside Deviation	2.5	3.44	2.38	3.46	2.91	3.85	2.1
Semi Variance	4.3	8.59	3.96	9.84	5.9	9.72	3.81

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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

	Momentum Invested over 40 shares	Go
	Automobiles and Trucks Invested over 50 shares	Go
	Hedge Favorites Invested over 50 shares	Go
	Macroaxis Index Invested few shares	Go
	Adviser Favorites Invested few shares	Go
	Impulse Invested few shares	Go
	Investing Invested few shares	Go
	Technology Invested few shares	Go
	FinTech Invested few shares	Go

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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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