Xinjiang Competitors

688303 Stock

24.23 0.59 2.38%

Xinjiang Daqo New competes with HaiXin Foods, Ligao Foods, Shenzhen Topway, Ye Chiu, and Hainan Mining; as well as few others. The company operates under Machinery sector and is part of Industrials industry. Analyzing Xinjiang Daqo 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 Xinjiang Daqo to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Xinjiang Daqo 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 Xinjiang Daqo competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
18.87	24.69	30.51

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Intrinsic

Valuation

Low	Real	High
16.61	22.43	28.25

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Naive

Forecast

Low	Next	High
17.33	23.15	28.98

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Earnings

Estimates (0)

Low	Projected EPS	High
0.00	0.00	0.00

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Xinjiang Daqo Competition Correlation Matrix

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

	002702	300973	002238	601388	601969	603336	000688	605300
002702		0.85	0.8	0.81	0.8	0.74	0.87	0.81	002702
300973	0.85		0.87	0.95	0.96	0.88	0.88	0.78	300973
002238	0.8	0.87		0.89	0.85	0.86	0.9	0.83	002238
601388	0.81	0.95	0.89		0.94	0.92	0.86	0.78	601388
601969	0.8	0.96	0.85	0.94		0.85	0.88	0.77	601969
603336	0.74	0.88	0.86	0.92	0.85		0.77	0.67	603336
000688	0.87	0.88	0.9	0.86	0.88	0.77		0.81	000688
605300	0.81	0.78	0.83	0.78	0.77	0.67	0.81		605300
	002702	300973	002238	601388	601969	603336	000688	605300

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Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Xinjiang Stock performing well and Xinjiang Daqo 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 Xinjiang Daqo'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
002702	3.22	0.75	0.17	0.61	3.69	(3.70)	10.00	(8.50)	20.10
300973	3.38	0.87	0.25	1.47	3.04	(4.27)	9.93	(4.50)	26.72
002238	2.64	0.53	0.11	(7.62)	3.85	(2.63)	4.99	(7.27)	20.06
601388	2.25	0.48	0.16	(6.93)	2.36	(3.05)	5.63	(3.56)	19.26
601969	2.33	0.58	0.18	(4.55)	2.37	(2.57)	6.90	(3.78)	20.01
603336	3.13	0.68	0.19	1.19	3.26	(3.64)	8.72	(5.97)	19.60
000688	3.20	0.78	0.19	(1.83)	3.36	(3.56)	7.68	(5.38)	19.73
605300	2.71	0.36	0.10	0.65	3.04	(3.16)	9.39	(5.41)	20.00

Cross Equities Net Income Analysis

Compare Xinjiang Daqo New and related stocks such as HaiXin Foods, Ligao Foods CoLtd, and Shenzhen Topway Video Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
002702	43.3 M	53.2 M	65.8 M	33.8 M	18.4 M	(39.5 M)	13.1 M	(27.3 M)	34.9 M	6.8 M	71 M	(34.4 M)	63.2 M	2.3 M	2.2 M
300973	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	232.1 M	283.1 M	143.8 M	73 M	69.4 M
002238	71.3 M	117.8 M	127.7 M	143.2 M	214.9 M	272.2 M	302.6 M	235.6 M	197.2 M	188.4 M	182.1 M	142 M	109.8 M	125.1 M	172.7 M
601388	209.7 M	305.4 M	164.3 M	90 M	30.1 M	9.8 M	25.8 M	322.9 M	97.5 M	115.4 M	461.8 M	851.7 M	381.4 M	132.9 M	254.8 M
601969	1.2 B	1.2 B	771.3 M	1 B	424.1 M	10.2 M	(285.8 M)	45.5 M	(766.1 M)	127.7 M	142.5 M	874.4 M	615.1 M	625.4 M	656.6 M
603336	60.6 M	60.6 M	60.6 M	60.6 M	60.6 M	60.6 M	60.6 M	63.3 M	64.2 M	79 M	73.2 M	47 M	47.4 M	24 M	45.9 M
000688	82 M	1.9 M	282.3 M	282.3 M	322.6 M	288.4 M	234.3 M	412.4 M	405 M	170.9 M	147.2 M	207.5 M	185.4 M	62.7 M	59.6 M
605300	271.5 M	271.5 M	271.5 M	271.5 M	271.5 M	271.5 M	271.5 M	271.5 M	271.5 M	271.5 M	215.9 M	150.7 M	115.4 M	257.8 M	161.8 M

Xinjiang Daqo New and related stocks such as HaiXin Foods, Ligao Foods CoLtd, and Shenzhen Topway Video Net Income description

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

Xinjiang Daqo Competitive Analysis

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

	688303	002702	300973	002238	601388	601969	603336	000688	605300
	2.38 24.23 Xinjiang	1.21 4.89 HaiXin	0.14 41.72 Ligao	0.10 9.82 Shenzhen	0.73 2.77 601388	1.03 7.66 Hainan	0.82 4.91 Great	0.21 14.07 Guocheng	2.62 13.70 Jiahe
Market Volatility (90 Days Market Risk)	Somewhat reliable	Relatively risky	Not too volatile	Slightly risky	Risky	Slightly risky	Relatively risky	Somewhat reliable	Somewhat reliable
Market Performance (90 Days Performance)	OK	Good	Good	Good	Good	Good	Good	Good	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	Low	Very Small	Low	Very Small	Very Low	Very Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Fairly 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
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Hold	Strong Hold	Strong Sell	Strong Sell	Strong Sell	Hold	Strong Sell	Hold
Net Asset	50.7 B	2.16 B	3.94 B	4.35 B	5.68 B	12.21 B	1.84 B	8.75 B	3.2 B
Profit Margin	-0.0478	-0.0147	0.0324	0.0423	0.0129	0.17	0.0096	0.0669	0.0741
EBITDA	1.39 B	27.21 M	271.64 M	152.56 M	297.9 M	1.6 B	67.06 M	458.85 M	288.07 M
Operating Margin	0.58	-0.0107	0.12	0.032	-0.0086	0.18	0.0458	0.12	0.0607
Current Valuation	29.65 B	3.19 B	7.07 B	7.14 B	6.59 B	15.09 B	3.38 B	17.96 B	4.55 B
Price To Book	1.27	2.76	2.8	3.45	1.36	2.33	2.36	5.15	2.49
Retained Earnings	23.39 B	173.28 M	594.6 M	1.11 B	1.92 B	384.23 M	434.22 M	1.13 B	956.85 M
Beta	0.57	0.65	0.8	1.54	0.93	0.96	0.1	0.39	0.62
Number Of Employees	6.11 K	2.09 K	4.22 K	2.11 K	1.76 K	2.87 K	753	2.16 K	998
Shares Outstanding	2.15 B	555.76 M	169.34 M	802.56 M	2.2 B	2.04 B	570.39 M	1.12 B	400.01 M
Cash Flow From Operations	8.74 B	(23.42 M)	304.71 M	496.64 M	600.03 M	1.54 B	(3.49 M)	580.67 M	294.25 M
Annual Yield	0.0168	0.0074	0.0166	0.0102	N/A	N/A	N/A	0.0013	0.0209
Total Debt	6.82 B	138.58 M	77.16 M	262.62 M	364.72 M	1.18 B	398.1 M	200.06 M	553.84 M
Return On Equity	-0.0106	-0.0239	0.0451	0.0255	0.0196	0.097	0.0066	0.0344	0.0896
Return On Asset	0.0014	-0.0062	0.0221	-0.0041	0.0145	0.0452	0.0122	0.0186	0.0437
Book Value Per Share	19.63	1.98	15.19	2.85	2.05	3.42	2.06	2.79	5.42
Total Asset	50.7 B	2.16 B	3.94 B	4.35 B	5.68 B	12.21 B	1.84 B	8.75 B	3.2 B
Target Price	28.37	N/A	39.16	25.46	9.39	31.0	21.54	N/A	11.5
Last Dividend Paid	0.42	0.04	0.5	0.1	0.013	0.1	N/A	0.018	0.28
Shares Owned By Institutions	9.18	0.96	7.67	0.67	0.9	1.57	1.73	5.85	0.2
Market Capitalization	51.98 B	2.75 B	7.05 B	7.88 B	6.03 B	15.84 B	2.81 B	15.88 B	5.34 B
Price To Sales	5.5	1.59	1.94	5.46	0.9	3.82	2.66	9.04	2.06
Net Income	5.76 B	2.27 M	73.03 M	114.29 M	132.9 M	625.36 M	23.95 M	62.71 M	257.75 M
Earnings Per Share	-0.2	-0.05	0.7	0.08	0.04	0.35	0.01	0.1	0.33
Shares Owned By Insiders	76.03	44.89	58.42	75.05	52.12	77.27	51.94	76.2	89.4
Revenue	16.33 B	1.72 B	3.5 B	1.48 B	6.8 B	4.68 B	1.09 B	1.2 B	2.84 B
Working Capital	17.5 B	374.34 M	1.41 B	(148.25 M)	2.29 B	1.44 B	672.27 M	(2.67 B)	1.27 B
Gross Profit	23.15 B	364.03 M	924.56 M	1.51 B	812.61 M	1.37 B	102.51 M	565.34 M	326.04 M
Day Typical Price	24.51	4.94	42.12	9.84	2.77	7.74	4.9	14.08	13.6
Accumulation Distribution	273091.0	2.7 M	165832.0	346796.0	535252.0	945259.0	190039.0	246626.0	163297.0
Daily Balance Of Power	(0.69)	(0.33)	0.0343	(0.04)	0.3333	(0.32)	0.4	(0.08)	0.7143
Period Momentum Indicator	(0.59)	(0.06)	0.06	(0.01)	0.02	(0.08)	0.04	(0.03)	0.35
Rate Of Daily Change	0.98	0.99	1.0	1.0	1.01	0.99	1.01	1.0	1.03
Day Median Price	24.65	4.96	42.33	9.85	2.77	7.78	4.9	14.09	13.55
Price Action Indicator	(0.71)	(0.10)	(0.58)	(0.04)	0.01	(0.16)	0.03	(0.03)	0.33
Relative Strength Index	45.65	82.31	61.35	59.11	59.98	64.82	60.92	70.68	56.24
Coefficient Of Variation	829.25	560.69	518.05	698.65	625.56	563.17	582.89	534.74	986.38
Mean Deviation	3.55	3.22	3.38	2.64	2.25	2.33	3.13	3.2	2.71
Jensen Alpha	0.6808	0.7478	0.8694	0.5253	0.4752	0.579	0.683	0.7751	0.3591
Total Risk Alpha	0.5021	0.6476	0.747	0.4137	0.3843	0.4787	0.5752	0.6431	0.2613
Sortino Ratio	0.1613	0.1706	0.2475	0.1088	0.1586	0.18	0.1874	0.1902	0.1044
Downside Variance	15.96	19.57	12.08	21.16	8.06	9.42	12.91	15.22	11.18
Standard Deviation	5.62	4.42	4.63	3.73	3.02	3.3	4.12	4.15	3.77
Kurtosis	4.06	0.9719	1.6	1.59	1.76	2.17	0.3128	0.2342	1.38
Potential Upside	14.31	10.0	9.93	4.99	5.63	6.9	8.72	7.68	9.39
Treynor Ratio	(1.21)	0.6052	1.47	(7.62)	(6.93)	(4.55)	1.19	(1.83)	0.6457
Maximum Drawdown	29.75	20.1	26.72	20.06	19.26	20.01	19.6	19.73	20.0
Variance	31.61	19.52	21.43	13.9	9.15	10.89	16.97	17.19	14.24
Market Risk Adjusted Performance	(1.20)	0.6152	1.48	(7.61)	(6.92)	(4.54)	1.2	(1.82)	0.6557
Risk Adjusted Performance	0.1043	0.1498	0.1616	0.1215	0.1343	0.1486	0.1443	0.1566	0.0884
Skewness	1.58	(0.08)	0.5553	(0.61)	0.0415	0.3122	0.2487	(0.06)	0.409
Semi Deviation	3.62	3.69	3.04	3.85	2.36	2.37	3.26	3.36	3.04
Information Ratio	0.1146	0.1708	0.1858	0.1342	0.1488	0.1674	0.1634	0.1789	0.0925
Value At Risk	(7.52)	(8.50)	(4.50)	(7.27)	(3.56)	(3.78)	(5.97)	(5.38)	(5.41)
Expected Short fall	(4.30)	(3.70)	(4.27)	(2.63)	(3.05)	(2.57)	(3.64)	(3.56)	(3.16)
Downside Deviation	4.0	4.42	3.48	4.6	2.84	3.07	3.59	3.9	3.34
Semi Variance	13.12	13.61	9.26	14.79	5.55	5.62	10.64	11.31	9.24

Xinjiang Daqo Competition Performance Charts

Five steps to successful analysis of Xinjiang Daqo Competition

Xinjiang Daqo'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 Xinjiang Daqo New in relation to its competition. Xinjiang Daqo's competition analysis typically involves several steps, including:

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

In addition to having Xinjiang Daqo 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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Petroleum and Natural Gas

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas 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 Petroleum and Natural Gas Theme or any other thematic opportunities.

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Other Information on Investing in Xinjiang Stock

Xinjiang Daqo financial ratios help investors to determine whether Xinjiang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Xinjiang with respect to the benefits of owning Xinjiang Daqo security.

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Xinjiang Competitors

Specify up to 10 symbols:

Xinjiang Daqo Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Xinjiang Daqo New and related stocks such as HaiXin Foods, Ligao Foods CoLtd, and Shenzhen Topway Video Net Income description

Xinjiang Daqo Competitive Analysis

Xinjiang Daqo Competition Performance Charts

Five steps to successful analysis of Xinjiang Daqo Competition

Complement your Xinjiang Daqo position

Did You Try This Idea?

Run Petroleum and Natural Gas Thematic Idea Now

Petroleum and Natural Gas

Other Information on Investing in Xinjiang Stock

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