8342 Competitors

Stocks . Taiwan . 
Stock . I Jang Industrial
8342 Stock  TWD 88.30  0.20  0.23%   
I Jang Industrial competes with Song Shang, GAME HOURS, Realtek Semiconductor, Elan Microelectronics, and Shan Loong; as well as few others. The company operates under Industrials sector and is part of Business Equipment & Supplies industry. Analyzing I Jang 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 I Jang to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out I Jang 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 I Jang competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
87.2488.3089.36
Details
Intrinsic
Valuation
LowRealHigh
86.6787.7288.79
Details

I Jang Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between I Jang 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 8342 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 I Jang Industrial does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
5302
+ 0.9
3006
5302
+ 0.77
2616
5302
+ 0.69
6626
2458
+ 0.67
2379
3006
+ 0.67
2616
2616
+ 0.56
6626
  
High negative correlations   
2616
- 0.67
2379
2379
- 0.62
6626
5302
- 0.6
2379
2458
- 0.59
6626
5302
- 0.58
2458
2616
- 0.5
2458

Risk-Adjusted Indicators

There is a big difference between 8342 Stock performing well and I Jang 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 I Jang'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.
All Fundamental Data

I Jang Competitive Analysis

The better you understand I Jang competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, I Jang'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 I Jang'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
8342 6156 6626 2379 2458 2616 3006 5302
 0.23 
 88.30 
8342
 0.89 
 27.85 
Song
 2.50 
 5.46 
GAME
 0.38 
 525.00 
Realtek
 1.29 
 153.50 
Elan
 0.27 
 18.50 
Shan
 0.16 
 63.70 
Elite
 0.50 
 10.10 
Syntek
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Moderately volatile
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
OK
Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Under Valued
Fairly Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Sell
Strong Sell
Sell
Cautious Hold
Hold
Hold
Strong Buy
Current Ratio
1.57 X
1.70 X
N/A
1.57 X
2.78 X
0.88 X
3.30 X
N/A
Net Asset
1.53 B
4.22 B
N/A
101.23 B
16.93 B
10.35 B
20.24 B
1.8 B
Profit Margin
0.13 %
0.04 %
N/A
0.16 %
0.22 %
0.01 %
0.16 %
N/A
EBITDA
208.74 M
294.67 M
N/A
19.98 B
6.33 B
1.03 B
6.53 B
(28.82 M)
Operating Margin
0.09 %
0.02 %
N/A
0.16 %
0.26 %
0.01 %
0.15 %
(6.63) %
Current Valuation
1.86 B
1.62 B
N/A
93.57 B
22.43 B
6.95 B
15.85 B
1.69 B
Price To Book
2.14 X
1.11 X
N/A
3.29 X
2.91 X
0.93 X
1.53 X
1.03 X
Retained Earnings
N/A
N/A
N/A
11.52 B
1.51 B
1.38 B
3.78 B
N/A
Current Asset
N/A
N/A
N/A
36.92 B
7.08 B
1.73 B
7.53 B
N/A
Five Year Return
N/A
N/A
N/A
4.68 %
2.53 %
6.51 %
4.63 %
N/A
Beta
0.14
1.44
N/A
1.13
0.92
0.19
1.49
0.69
Number Of Employees
11
10
N/A
29
19
19
17
9
Shares Outstanding
33.54 M
78.03 M
N/A
512.86 M
284.58 M
142.93 M
272.8 M
159.89 M
Cash Flow From Operations
85.08 M
170.71 M
N/A
18.35 B
5.26 B
1.33 B
8.29 B
(26.62 M)
Annual Yield
0.06 %
0.03 %
N/A
0.08 %
0.13 %
0.08 %
0.10 %
N/A
Total Debt
116.89 M
167.47 M
N/A
1 B
468.99 M
227.05 M
751.67 M
283.56 M
Return On Equity
0.29
0.12
N/A
0.46
0.35
0.0555
0.27
-0.0384
Z Score
10.6
5.8
N/A
N/A
38.8
12.4
17.8
2.4
Return On Asset
0.0696
0.0113
N/A
0.0985
0.16
0.0107
0.0952
-0.028
Book Value Per Share
25.73 X
18.50 X
N/A
90.92 X
30.61 X
34.62 X
45.71 X
8.61 X
Current Liabilities
N/A
N/A
N/A
23.45 B
2.3 B
1.96 B
2.18 B
N/A
Total Asset
1.53 B
4.22 B
N/A
101.23 B
16.93 B
10.35 B
20.24 B
1.8 B
Debt To Equity
0.41 %
36.80 %
N/A
62.30 %
6.60 %
52.80 %
10.20 %
N/A
Last Dividend Paid
3.4
0.52
N/A
27.0
13.5
2.5
8.0
N/A
Target Price
N/A
N/A
N/A
320.5
79.0
N/A
65.0
N/A
Shares Owned By Institutions
3.01 %
N/A
N/A
42.08 %
28.31 %
1.39 %
11.57 %
N/A
Market Capitalization
1.87 B
1.5 B
N/A
182.07 B
29.74 B
4.42 B
21.36 B
1.39 B
Price To Earning
9.18 X
7.41 X
N/A
23.21 X
18.15 X
15.87 X
15.29 X
N/A
Price To Earnings To Growth
N/A
N/A
N/A
1.22 X
2.67 X
N/A
N/A
N/A
Price To Sales
1.00 X
0.35 X
N/A
1.28 X
1.70 X
0.23 X
0.99 X
112.88 X
Net Income
125.07 M
104.07 M
N/A
16.85 B
5.1 B
415.51 M
4.98 B
(43.82 M)
Earnings Per Share
7.10 X
2.23 X
N/A
35.33 X
11.82 X
2.05 X
11.04 X
(0.29) X
Shares Owned By Insiders
79.05 %
30.52 %
N/A
9.30 %
8.39 %
46.42 %
13.93 %
46.25 %
Revenue
1.65 B
4.69 B
N/A
105.5 B
18.33 B
18.81 B
23.84 B
31.36 M
Working Capital
N/A
N/A
N/A
13.46 B
4.79 B
(228 M)
5.35 B
N/A
Cash And Equivalents
319.41 M
1.04 B
N/A
38.4 B
5.02 B
1.03 B
2.3 B
N/A
Cash Per Share
9.52 X
12.76 X
N/A
75.57 X
17.23 X
7.56 X
8.43 X
N/A
Gross Profit
301.93 M
501.2 M
N/A
53.19 B
9.12 B
1.79 B
8.72 B
14.95 M
Day Typical Price
88.73
27.92
5.42
528.0
155.33
18.52
64.2
10.12
Accumulation Distribution
190.39
16403.13
9809.73
47561.65
104191.0
1444.58
21575.84
2400.02
Market Facilitation Index
2.0E-4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Daily Balance Of Power
(0.12)
(0.36)
(0.33)
(0.22)
(0.36)
(0.33)
(0.07)
0.2
Period Momentum Indicator
(0.20)
(0.25)
(0.14)
(2.00)
(2.00)
(0.05)
(0.10)
0.05
Rate Of Daily Change
1.0
0.99
0.98
1.0
0.99
1.0
1.0
1.0
Day Median Price
88.95
27.95
5.4
529.5
156.25
18.52
64.45
10.13
Price Action Indicator
(0.75)
(0.22)
(0.01)
(5.50)
(3.75)
(0.05)
(0.80)
N/A
Coefficient Of Variation
(5,737)
16494.12
(700.30)
1449.03
1360.01
(977.74)
(1,791)
(962.64)
Mean Deviation
0.7484
2.55
2.3
1.3
1.44
0.7119
1.3
0.8616
Jensen Alpha
(0.03)
0.0199
(0.44)
0.1063
0.116
(0.14)
(0.17)
(0.13)
Total Risk Alpha
(0.18)
(0.53)
(1.03)
(0.14)
(0.14)
(0.26)
(0.33)
(0.30)
Sortino Ratio
N/A
(0.02)
N/A
0.0054
0.0143
N/A
N/A
N/A
Downside Variance
N/A
13.57
N/A
4.83
4.33
N/A
N/A
N/A
Standard Deviation
1.05
3.89
3.6
1.79
1.93
1.03
1.62
1.18
Kurtosis
3.14
2.01
7.73
4.39
0.6544
2.26
(0.45)
1.94
Potential Upside
1.25
8.86
4.96
2.4
3.53
1.46
2.33
1.73
Treynor Ratio
(25.77)
(0.22)
0.6059
1.55
0.8588
(0.56)
(0.15)
37.82
Maximum Drawdown
5.91
19.95
26.14
10.23
10.03
6.26
7.31
6.85
Variance
1.11
15.11
12.99
3.22
3.71
1.06
2.62
1.39
Market Risk Adjusted Performance
(25.76)
(0.21)
0.6159
1.56
0.8688
(0.55)
(0.14)
37.83
Risk Adjusted Performance
(0.01)
0.0125
(0.1)
0.0561
0.0596
(0.07)
(0.04)
(0.07)
Skewness
(0.86)
0.1308
1.43
(1.32)
0.3329
0.1556
(0.13)
(0.65)
Semi Deviation
N/A
3.44
N/A
1.97
1.69
N/A
N/A
N/A
Information Ratio
(0.12)
(0.02)
(0.17)
0.0067
0.0155
(0.21)
(0.12)
(0.20)
Value At Risk
(1.56)
(6.39)
(6.17)
(2.45)
(2.95)
(1.85)
(2.70)
(1.89)
Expected Short fall
N/A
(3.26)
N/A
(1.32)
(1.63)
N/A
N/A
N/A
Downside Deviation
N/A
3.68
N/A
2.2
2.08
N/A
N/A
N/A
Semi Variance
N/A
11.8
N/A
3.9
2.87
N/A
N/A
N/A

I Jang Competition Performance Charts

Five steps to successful analysis of I Jang Competition

I Jang'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 I Jang Industrial in relation to its competition. I Jang's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of I Jang 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 I Jang's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to I Jang Industrial, 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 I Jang position

In addition to having I Jang 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 Macroaxis Picks Thematic Idea Now

Macroaxis Picks
Macroaxis Picks Theme
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 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 Macroaxis Picks Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for 8342 Stock Analysis

When running I Jang's price analysis, check to measure I Jang'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 I Jang is operating at the current time. Most of I Jang's value examination focuses on studying past and present price action to predict the probability of I Jang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move I Jang's price. Additionally, you may evaluate how the addition of I Jang 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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY