Progate Competitors

8227 Stock

162.50 4.50 2.69%

Progate Group competes with Taiwan Semiconductor, Hon Hai, MediaTek, Chunghwa Telecom, and Formosa Petrochemical; as well as few others. Analyzing Progate 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 Progate to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Progate 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 Progate competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
159.88	162.50	165.12

Details

Intrinsic

Valuation

Low	Real	High
137.55	140.17	178.75

Details

Progate Competition Correlation Matrix

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

	2330	2317	2454	2412	6505	2308	2882	2303	1303	1301
2330		0.77	0.88	-0.52	-0.45	0.66	0.89	-0.59	-0.36	-0.38	2330
2317	0.77		0.63	-0.71	-0.16	0.35	0.72	-0.45	-0.01	-0.08	2317
2454	0.88	0.63		-0.49	-0.56	0.65	0.88	-0.68	-0.48	-0.47	2454
2412	-0.52	-0.71	-0.49		0.27	-0.14	-0.41	0.48	0.28	0.31	2412
6505	-0.45	-0.16	-0.56	0.27		-0.4	-0.27	0.9	0.91	0.95	6505
2308	0.66	0.35	0.65	-0.14	-0.4		0.63	-0.38	-0.46	-0.38	2308
2882	0.89	0.72	0.88	-0.41	-0.27	0.63		-0.47	-0.17	-0.17	2882
2303	-0.59	-0.45	-0.68	0.48	0.9	-0.38	-0.47		0.75	0.81	2303
1303	-0.36	-0.01	-0.48	0.28	0.91	-0.46	-0.17	0.75		0.98	1303
1301	-0.38	-0.08	-0.47	0.31	0.95	-0.38	-0.17	0.81	0.98		1301
	2330	2317	2454	2412	6505	2308	2882	2303	1303	1301

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High positive correlations

1301	+ 0.98	1303
1301	+ 0.95	6505
1303	+ 0.91	6505
2303	+ 0.9	6505
2882	+ 0.89	2330
2454	+ 0.88	2330

High negative correlations

2412	- 0.71	2317
2303	- 0.68	2454
2303	- 0.59	2330
6505	- 0.56	2454
2412	- 0.52	2330
2412	- 0.49	2454

Risk-Adjusted Indicators

There is a big difference between Progate Stock performing well and Progate 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 Progate'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
2330	1.30	0.25	0.11	1.20	1.31	(1.54)	2.97	(1.94)	9.09
2317	1.45	0.10	0.03	0.25	1.62	(1.66)	3.69	(2.73)	8.59
2454	1.66	0.37	0.13	9.21	1.69	(2.05)	4.05	(2.36)	11.11
2412	0.36	(0.01)	(0.13)	(0.14)	0.46	(0.56)	0.82	(0.81)	2.43
6505	1.35	(0.37)	0.00	(2.15)	0.00	0.00	2.89	(2.94)	9.39
2308	1.30	0.21	0.08	0.96	1.52	(1.50)	2.85	(2.38)	11.60
2882	0.90	0.15	0.07	5.83	0.79	(1.03)	1.92	(1.45)	5.18
2303	0.92	(0.45)	0.00	(0.76)	0.00	0.00	1.35	(2.20)	5.44
1303	1.29	(0.28)	0.00	(0.83)	0.00	0.00	2.85	(3.17)	10.28
1301	1.49	(0.23)	0.00	(2.79)	0.00	0.00	4.33	(3.16)	10.13

Unable to evaluate fundamental data of [2330.TW, 2317.TW, 2454.TW, 2412.TW, 6505.TW, 2308.TW, 2882.TW, 2303.TW, 1303.TW, 1301.TW] at this time. Please try again later

All Fundamental Data

Progate Competitive Analysis

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

	8227	2330	2317	2454	2412	6505	2308	2882	2303	1303
	2.69 162.50 Progate	0.47 1,065 Taiwan	1.06 186.50 Hon	2.17 1,410 MediaTek	0.80 123.50 Chunghwa	1.84 37.30 Formosa	1.44 423.00 Delta	0.14 69.50 Cathay	2.47 41.45 United	3.17 33.60 Nan
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	OK	Modest	Good	Very Weak	Very Weak	OK	OK	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	About Average	Low	Low	Low	Low	Low	Low	Below Average	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Under Valued	Under 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 Sell	Strong Buy	Strong Hold	Buy	Cautious Hold	Cautious Hold	Strong Hold	Strong Buy	Hold	Cautious Hold
Current Ratio	N/A	1.88	1.74	1.85	1.66	4.62	1.62	0.6	2.44	1.71
Net Asset	N/A	4.96 T	3.91 T	660.88 B	513.07 B	458.76 B	365.11 B	11.59 T	464.43 B	668.7 B
Profit Margin	N/A	0.45	0.0223	0.22	0.17	0.0382	0.0855	0.13	0.31	0.13
EBITDA	N/A	753.4 B	291.01 B	137.21 B	46.84 B	75.36 B	53.07 B	(235.56 B)	110.75 B	124.76 B
Operating Margin	N/A	0.5	0.0278	0.23	0.22	0.0324	0.1	-0.42	0.37	0.12
Current Valuation	N/A	11.82 T	1.29 T	1.06 T	875.55 B	755.81 B	761.27 B	(1.27 T)	422.35 B	641.46 B
Price To Book	N/A	4.55	0.97	2.69	2.34	2.38	4.22	1.96	1.76	1.52
Retained Earnings	N/A	959.08 B	736.98 B	121.96 B	134.47 B	128.41 B	50.02 B	N/A	50.91 B	175.07 B
Current Asset	N/A	812.49 B	1.59 T	229.12 B	84.11 B	240.35 B	129.91 B	N/A	101.92 B	205.3 B
Five Year Return	N/A	3.07	3.36	4.7	4.72	3.81	3.59	4.29	3.89	5.42
Beta	N/A	1.26	0.64	1.2	0.0156	0.41	1.06	0.61	1.32	0.6
Number Of Employees	6	67	826.61 K	52	134	46	38	57.1 K	20 K	57
Shares Outstanding	N/A	25.93 B	13.86 B	1.59 B	7.76 B	9.53 B	2.6 B	14.67 B	12.48 B	7.93 B
Cash Flow From Operations	N/A	1.61 T	(98.21 B)	47.09 B	74.86 B	35.53 B	28.32 B	72.52 B	90.35 B	78.88 B
Annual Yield	N/A	0.0202	0.0512	0.0987	0.0406	0.0458	0.0187	0.0803	0.0591	0.1
Total Debt	N/A	610.07 B	275.6 B	827.66 M	28.58 B	29.2 B	43.91 B	272.56 B	39.83 B	86.11 B
Return On Equity	N/A	0.4	0.0994	0.27	0.0942	0.0933	0.17	0.12	0.29	0.14
Z Score	N/A	13.8	4.0	N/A	18.0	17.2	10.2	1.2	9.0	3.6
Return On Asset	N/A	0.16	0.0284	0.12	0.0592	0.0385	0.0605	-0.0129	0.13	0.0432
Book Value Per Share	N/A	113.61	104.53	277.57	47.94	34.27	70.06	21.23	27.14	48.48
Current Liabilities	N/A	235.89 B	870.7 B	134.15 B	54.05 B	57.61 B	69.33 B	N/A	41.63 B	73.73 B
Total Asset	N/A	4.96 T	3.91 T	660.88 B	513.07 B	458.76 B	365.11 B	11.59 T	464.43 B	668.7 B
Debt To Equity	N/A	0.21	50.4	24.6	2.9	6.4	22.2	0.59	0.32	0.39
Target Price	N/A	609.49	128.2	768.87	112.2	77.13	332.19	49.2	50.22	68.0
Last Dividend Paid	N/A	N/A	5.2	N/A	N/A	3.8	5.5	3.5	N/A	7.5
Shares Owned By Institutions	N/A	42.0	26.64	48.34	24.38	2.43	37.64	20.27	26.69	13.09
Market Capitalization	N/A	14.13 T	1.41 T	1.13 T	884.35 B	794.47 B	763.68 B	639.58 B	629.08 B	598.78 B
Price To Earning	N/A	28.3	10.2	26.38	22.46	19.89	15.18	10.43	19.08	16.55
Price To Earnings To Growth	N/A	0.82	0.7	0.84	-45.87	-1.46	1.48	1.99	1.43	-2.09
Price To Sales	N/A	5.88	0.21	1.83	4.0	0.94	2.08	0.94	2.03	1.48
Net Income	N/A	1.02 T	139.32 B	111.42 B	36.52 B	49.4 B	26.8 B	139.51 B	55.78 B	81.3 B
Earnings Per Share	N/A	39.2	10.31	81.56	4.71	3.35	11.88	5.11	6.36	6.33
Shares Owned By Insiders	N/A	N/A	12.56	8.17	41.21	87.55	25.93	36.05	9.0	38.12
Revenue	N/A	2.26 T	5.99 T	493.41 B	216.74 B	620.06 B	314.67 B	621.86 B	213.01 B	411.67 B
Working Capital	N/A	576.6 B	718.29 B	94.96 B	30.06 B	182.75 B	60.57 B	N/A	60.29 B	131.56 B
Cash And Equivalents	N/A	870.84 B	927.31 B	215.52 B	43.02 B	104.17 B	45.64 B	591.17 B	149.97 B	110.86 B
Cash Per Share	N/A	33.58	66.9	136.43	5.55	10.94	17.57	47.06	12.09	13.98
Gross Profit	N/A	1.35 T	362.13 B	270.9 B	46.84 B	65.78 B	90.21 B	325.74 B	125.76 B	103.85 B
Day Typical Price	164.83	1063.33	187.17	1395.0	123.5	37.42	424.67	69.43	41.38	33.93
Accumulation Distribution	0.0413	0.014	0.0211	0.0319	0.0081	0.0146	0.0324	0.0115	0.0356	0.0289
Market Facilitation Index	7.0	15.0	4.0	45.0	1.0	0.55	14.0	0.8	1.5	1.0
Daily Balance Of Power	(0.64)	0.3333	(0.50)	0.6667	(1.00)	(1.27)	0.4286	(0.12)	(0.70)	(1.10)
Period Momentum Indicator	(4.50)	5.0	(2.00)	30.0	(1.00)	(0.70)	6.0	(0.10)	(1.05)	(1.10)
Rate Of Daily Change	0.97	1.0	0.99	1.02	0.99	0.98	1.01	1.0	0.98	0.97
Day Median Price	166.0	1062.5	187.5	1387.5	123.5	37.48	425.5	69.4	41.35	34.1
Price Action Indicator	(5.75)	5.0	(2.00)	37.5	(0.50)	(0.53)	0.5	0.05	(0.42)	(1.05)
Coefficient Of Variation	(4,036)	606.89	1156.06	555.09	39333.23	(509.36)	748.16	679.33	(299.57)	(741.15)
Mean Deviation	1.91	1.3	1.45	1.66	0.3555	1.35	1.3	0.8964	0.9166	1.29
Jensen Alpha	(0.07)	0.2502	0.0981	0.372	(0.01)	(0.37)	0.2101	0.1549	(0.45)	(0.28)
Total Risk Alpha	(0.41)	0.0589	(0.08)	0.1096	(0.07)	(0.58)	0.007	0.0161	(0.55)	(0.47)
Sortino Ratio	N/A	0.1078	0.0336	0.1255	(0.13)	N/A	0.0803	0.0653	N/A	N/A
Downside Variance	N/A	2.8	3.41	5.18	0.5964	N/A	3.11	1.06	N/A	N/A
Standard Deviation	2.72	1.7	1.87	2.14	0.5157	1.78	1.81	1.14	1.18	1.78
Kurtosis	3.73	0.8301	(0.15)	0.6715	0.2626	0.9712	2.75	(0.18)	0.4191	2.81
Potential Upside	3.92	2.97	3.69	4.05	0.8163	2.89	2.85	1.92	1.35	2.85
Treynor Ratio	1.13	1.2	0.2534	9.21	(0.14)	(2.15)	0.9616	5.83	(0.76)	(0.83)
Maximum Drawdown	15.51	9.09	8.59	11.11	2.43	9.39	11.6	5.18	5.44	10.28
Variance	7.38	2.9	3.51	4.58	0.2659	3.15	3.27	1.29	1.39	3.18
Market Risk Adjusted Performance	1.14	1.21	0.2634	9.22	(0.13)	(2.14)	0.9716	5.84	(0.75)	(0.82)
Risk Adjusted Performance	(0.01)	0.1252	0.0689	0.1372	(0)	(0.14)	0.1029	0.1104	(0.24)	(0.09)
Skewness	0.3017	0.3121	0.1988	(0.24)	(0.35)	0.5026	0.1414	0.3691	0.2874	1.05
Semi Deviation	N/A	1.31	1.62	1.69	0.4643	N/A	1.52	0.7909	N/A	N/A
Information Ratio	(0.06)	0.106	0.0331	0.1334	(0.19)	(0.25)	0.0783	0.0591	(0.42)	(0.19)
Value At Risk	(3.33)	(1.94)	(2.73)	(2.36)	(0.81)	(2.94)	(2.38)	(1.45)	(2.20)	(3.17)
Expected Short fall	N/A	(1.54)	(1.66)	(2.05)	(0.56)	N/A	(1.50)	(1.03)	N/A	N/A
Downside Deviation	N/A	1.67	1.85	2.27	0.7723	N/A	1.76	1.03	N/A	N/A
Semi Variance	N/A	1.72	2.62	2.87	0.2155	N/A	2.3	0.6254	N/A	N/A

Progate Competition Performance Charts

Five steps to successful analysis of Progate Competition

Progate'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 Progate Group in relation to its competition. Progate's competition analysis typically involves several steps, including:

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

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Additional Tools for Progate Stock Analysis

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

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