Compare Zoy to Fiberhome, 360, Maxvision, Luolai, Shandong, Mengtian

Comparing Zoy to Fiberhome, 360, Maxvision, Luolai, Shandong, Mengtian 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.

	603709	600498	601360	002990	002293	600467	603216
603709		0.94	0.89	0.91	0.89	0.9	0.94	603709
600498	0.94		0.79	0.93	0.77	0.93	0.92	600498
601360	0.89	0.79		0.78	0.87	0.88	0.82	601360
002990	0.91	0.93	0.78		0.78	0.84	0.95	002990
002293	0.89	0.77	0.87	0.78		0.78	0.84	002293
600467	0.9	0.93	0.88	0.84	0.78		0.85	600467
603216	0.94	0.92	0.82	0.95	0.84	0.85		603216
	603709	600498	601360	002990	002293	600467	603216

Click cells to compare fundamentals

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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
603709	2.10	0.43	0.09	(0.78)	2.51	(2.19)	4.59	(3.03)	17.40
600498	2.10	0.41	0.10	(0.80)	2.36	(2.40)	4.93	(4.17)	16.52
601360	3.26	0.98	0.26	1.05	3.17	(3.85)	10.00	(5.85)	20.01
002990	2.63	0.45	0.11	(3.30)	2.79	(2.97)	7.23	(4.64)	19.99
002293	1.95	0.37	0.08	(0.60)	2.20	(2.32)	4.87	(3.09)	15.56
600467	3.43	0.70	0.19	0.88	3.11	(4.58)	10.00	(5.75)	20.21
603216	1.46	0.32	0.07	(0.90)	2.17	(1.49)	3.02	(2.86)	15.60

Cross Equities Net Income Analysis

Compare Zoy Home Furnishing, Fiberhome Telecommunicatio, and 360 Security Technology Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
603709	73.2 M	73.2 M	73.2 M	73.2 M	73.2 M	73.2 M	73.2 M	82.7 M	83.8 M	33.7 M	41.7 M	(15.3 M)	(41.9 M)	21.4 M	27.9 M
600498	167.4 M	445.5 M	496.9 M	519.1 M	540.2 M	657.4 M	760.4 M	825 M	843.9 M	978.8 M	102.3 M	288 M	406.3 M	505.4 M	415 M
601360	307 M	307 M	307 M	307 M	307 M	307 M	159.4 M	68.1 M	3.5 B	6 B	2.9 B	902.2 M	(2.2 B)	(492.5 M)	(467.9 M)
002990	46.9 M	46.9 M	46.9 M	46.9 M	46.9 M	46.9 M	46.9 M	71.4 M	141.8 M	213.1 M	224.4 M	179.2 M	96.4 M	198.2 M	161.1 M
002293	27.8 M	374 M	382.1 M	332.2 M	398.1 M	410.1 M	317.3 M	427.9 M	534.5 M	546.1 M	585 M	713.2 M	580.8 M	572.4 M	393.7 M
600467	38.9 M	207.5 M	216.7 M	114.9 M	20.6 M	35.2 M	43.1 M	53.5 M	62 M	65.1 M	62.2 M	66.2 M	59.6 M	49.4 M	68.2 M
603216	187.9 M	187.9 M	187.9 M	187.9 M	187.9 M	187.9 M	187.9 M	187.9 M	187.9 M	187.9 M	171 M	183 M	220.4 M	95.7 M	137.3 M

Zoy Home Furnishing, Fiberhome Telecommunicatio, and 360 Security Technology 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

	603709	600498	601360	002990	002293	600467	603216
	1.43 11.31 Zoy	1.38 17.93 Fiberhome	9.54 12.71 360	0.25 23.84 Maxvision	1.05 8.68 Luolai	1.67 2.43 Shandong	0.28 10.81 Mengtian
Market Volatility (90 Days Market Risk)	Somewhat reliable	Not too volatile	Somewhat reliable	Not too volatile	Somewhat reliable	Very risky	Somewhat reliable
Market Performance (90 Days Performance)	Good	Good	Solid	OK	Good	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	Very Small	Low	Low	Low	Below Average	Very Small
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over 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
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Hold	Strong Sell	Strong Sell	Strong Hold	Strong Sell
Net Asset	1.36 B	41.93 B	40.17 B	3.55 B	6.8 B	6.66 B	2.43 B
Profit Margin	(0) %	0.02 %	(0.09) %	0.10 %	0.09 %	0.03 %	0.07 %
EBITDA	35.38 M	1.44 B	(734.45 M)	129.54 M	1.01 B	340.09 M	130.72 M
Operating Margin	0 %	0.01 %	(0.17) %	0.08 %	0.19 %	0.02 %	0.04 %
Current Valuation	1.66 B	24.93 B	75.57 B	5.13 B	5.92 B	5.83 B	954.82 M
Price To Book	2.46 X	1.60 X	3.22 X	2.60 X	1.79 X	1.03 X	1.36 X
Retained Earnings	131.94 M	4.92 B	14.09 B	915.33 M	2.08 B	1.17 B	595.79 M
Beta	0.4	0.081	0.56	1.16	0.44	0.34	0.47
Number Of Employees	1.06 K	15.33 K	5.99 K	1.18 K	3.79 K	2.98 K	2.52 K
Shares Outstanding	125.9 M	1.18 B	7 B	256.03 M	830.98 M	1.46 B	222.69 M
Cash Flow From Operations	105.73 M	59.17 M	924.29 M	103.36 M	935.56 M	867.77 M	308.66 M
Annual Yield	N/A	N/A	N/A	0.02 %	0.07 %	N/A	0.03 %
Total Debt	767.52 M	2.03 B	830.58 M	1.25 B	1.12 B	1.95 B	647.61 M
Return On Equity	-0.0108	0.0372	-0.023	0.0602	0.1	0.0132	0.0527
Return On Asset	-0.0024	0.0093	-0.0174	0.0209	0.0413	0.0118	0.0169
Book Value Per Share	4.54 X	11.32 X	4.37 X	9.13 X	4.80 X	2.32 X	7.90 X
Total Asset	1.36 B	41.93 B	40.17 B	3.55 B	6.8 B	6.66 B	2.43 B
Target Price	N/A	19.71	6.2	N/A	8.13	5.0	16.0
Last Dividend Paid	N/A	0.13	N/A	0.4	0.6	0.01	0.3
Shares Owned By Institutions	0.38 %	7.30 %	3.79 %	0.76 %	5.82 %	0.74 %	0.33 %
Market Capitalization	1.4 B	21.39 B	93.72 B	6.16 B	7.27 B	3.55 B	2.41 B
Price To Earnings To Growth	N/A	N/A	N/A	N/A	0.37 X	N/A	N/A
Price To Sales	0.95 X	0.72 X	11.82 X	4.59 X	1.53 X	2.38 X	1.89 X
Net Income	21.36 M	505.37 M	(492.48 M)	198.23 M	570.9 M	49.45 M	95.73 M
Earnings Per Share	(0.12) X	0.47 X	(0.10) X	0.54 X	0.50 X	0.03 X	0.41 X
Shares Owned By Insiders	75.69 %	45.09 %	59.90 %	72.08 %	54.85 %	41.32 %	76.23 %
Revenue	1.1 B	31.13 B	9.06 B	1.57 B	5.32 B	1.56 B	1.32 B
Working Capital	(36.81 M)	8.54 B	22.52 B	1.76 B	2.09 B	(1.2 B)	1.11 B
Gross Profit	129.53 M	5.47 B	6.73 B	382.32 M	2.44 B	255.59 M	482.64 M
Day Typical Price	11.22	18.04	13.08	24.17	8.73	2.41	10.83
Accumulation Distribution	65510.84	348033.0	55.9 M	201371.0	1.1 M	4.1 M	54608.5
Daily Balance Of Power	0.5714	(0.64)	(1.08)	0.0566	0.1875	0.3636	0.1579
Period Momentum Indicator	0.16	(0.25)	(1.34)	0.06	0.09	0.04	0.03
Rate Of Daily Change	1.01	0.99	0.9	1.0	1.01	1.02	1.0
Day Median Price	11.17	18.1	13.27	24.33	8.75	2.41	10.85
Price Action Indicator	0.22	(0.29)	(1.23)	(0.46)	(0.03)	0.045	(0.02)
Coefficient Of Variation	701.6	761.72	400.67	769.93	844.97	544.54	726.57
Mean Deviation	2.1	2.1	3.26	2.63	1.95	3.43	1.46
Jensen Alpha	0.4327	0.4127	0.9832	0.4526	0.3707	0.6979	0.3215
Total Risk Alpha	(0.03)	(0.06)	0.4323	(0.08)	(0.1)	0.1365	(0.04)
Sortino Ratio	0.0907	0.0958	0.2593	0.1055	0.0771	0.185	0.0665
Downside Variance	8.33	6.56	14.56	9.31	6.43	13.84	6.51
Standard Deviation	2.72	2.82	4.47	3.44	2.71	4.43	2.14
Kurtosis	1.95	1.46	0.4388	1.28	1.65	0.1084	5.99
Potential Upside	4.59	4.93	10.0	7.23	4.87	10.0	3.02
Treynor Ratio	(0.78)	(0.80)	1.05	(3.30)	(0.60)	0.8776	(0.90)
Maximum Drawdown	17.4	16.52	20.01	19.99	15.56	20.21	15.6
Variance	7.38	7.97	19.95	11.86	7.35	19.63	4.6
Market Risk Adjusted Performance	(0.77)	(0.79)	1.06	(3.29)	(0.59)	0.8876	(0.89)
Risk Adjusted Performance	0.1164	0.1079	0.1995	0.1073	0.0979	0.149	0.1119
Skewness	(0.39)	0.3627	0.2495	0.2721	0.0271	0.3802	(0.99)
Semi Deviation	2.51	2.36	3.17	2.79	2.2	3.11	2.17
Information Ratio	0.0964	0.0869	0.2215	0.0935	0.0721	0.1553	0.0791
Value At Risk	(3.03)	(4.17)	(5.85)	(4.64)	(3.09)	(5.75)	(2.86)
Expected Short fall	(2.19)	(2.40)	(3.85)	(2.97)	(2.32)	(4.58)	(1.49)
Downside Deviation	2.89	2.56	3.82	3.05	2.54	3.72	2.55
Semi Variance	6.32	5.56	10.08	7.76	4.85	9.65	4.7

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.

Use Investing Themes to Complement your positions

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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Precious Metals

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 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 Precious Metals Theme or any other thematic opportunities.

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