Altaba Competitors

Summary

Altaba Inc competes with Lipocine, Employers Holdings, Alvotech, Teleflex Incorporated, and RadNet; as well as few others. The company conducts business under Financial Services sector and is part of Asset Management industry. Analyzing Altaba 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 Altaba to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

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 Altaba competition on your existing holdings.

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altaba. Your research has to be compared to or analyzed against Altaba's peers to derive any actionable benefits. When done correctly, Altaba's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Altaba Inc.

Altaba Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Altaba and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Altaba 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 Altaba Inc does not affect the price movement of the other competitor.

	LPCN	EIG	ALVO	TFX	RDNT	THG	VALN	UFCS
LPCN		-0.13	0.59	0.01	-0.31	-0.19	0.29	-0.32	LPCN
EIG	-0.13		-0.35	-0.85	0.89	0.94	-0.82	0.81	EIG
ALVO	0.59	-0.35		0.24	-0.55	-0.36	0.45	-0.55	ALVO
TFX	0.01	-0.85	0.24		-0.72	-0.72	0.9	-0.87	TFX
RDNT	-0.31	0.89	-0.55	-0.72		0.89	-0.79	0.81	RDNT
THG	-0.19	0.94	-0.36	-0.72	0.89		-0.72	0.73	THG
VALN	0.29	-0.82	0.45	0.9	-0.79	-0.72		-0.97	VALN
UFCS	-0.32	0.81	-0.55	-0.87	0.81	0.73	-0.97		UFCS
	LPCN	EIG	ALVO	TFX	RDNT	THG	VALN	UFCS

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High positive correlations

THG	+ 0.94	EIG
VALN	+ 0.9	TFX
RDNT	+ 0.89	EIG
THG	+ 0.89	RDNT
UFCS	+ 0.81	EIG
UFCS	+ 0.81	RDNT

High negative correlations

UFCS	- 0.97	VALN
UFCS	- 0.87	TFX
TFX	- 0.85	EIG
VALN	- 0.82	EIG
VALN	- 0.79	RDNT
VALN	- 0.72	THG

Risk-Adjusted Indicators

There is a big difference between Altaba Stock performing well and Altaba 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 Altaba'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
LPCN	3.39	0.19	0.04	0.27	4.72	(3.42)	7.08	(7.76)	24.60
EIG	1.00	0.09	0.08	0.10	1.05	(1.11)	1.70	(2.07)	11.98
ALVO	1.28	0.24	0.12	(0.60)	1.28	(1.54)	3.31	(2.82)	8.63
TFX	1.26	(0.50)	0.00	(0.53)	0.00	0.00	1.71	(2.92)	17.00
RDNT	1.83	0.03	0.02	0.06	1.92	(2.04)	2.97	(2.87)	24.47
THG	1.00	0.05	0.04	0.08	1.17	(1.03)	2.14	(2.03)	6.89
VALN	2.57	(0.46)	0.00	16.00	0.00	0.00	4.11	(6.16)	25.53
UFCS	1.89	0.52	0.27	2.92	1.32	(2.28)	4.67	(2.71)	28.57

Unable to evaluate fundamental data of [LPCN, EIG, ALVO, TFX, RDNT, THG, VALN, UFCS] at this time. Please try again later

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Altaba Competitive Analysis

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

	LPCN	EIG	ALVO	TFX	RDNT	THG	VALN	UFCS
	2.08 4.90 Lipocine	1.12 51.25 Employers	0.32 12.56 Alvotech	0.56 177.26 Teleflex	1.02 73.36 RadNet	1.01 155.40 Hanover	3.71 4.19 Valneva	0.97 28.67 United
Market Volatility (90 Days Market Risk)	Somewhat reliable	Very steady	Not too volatile	Very steady	Very steady	Very steady	Slightly risky	Not too volatile
Market Performance (90 Days Performance)	Insignificant	Modest	OK	Very Weak	Insignificant	Modest	Very Weak	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	Very Low	High	Very Low	Low	Low	High	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Over Valued	Under Valued	Over Valued	Over Valued	Under Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Strong Buy	Hold	Buy	Buy	Strong Buy	Buy	Strong Buy	Hold
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Sell	Strong Sell	Strong Sell	Cautious Hold	Strong Hold
Current Ratio	22.23 X	2.24 X	0.86 X	2.39 X	0.79 X	0.36 X	1.15 X	0.32 X
Net Asset	23 M	3.55 B	950.09 M	7.53 B	2.69 B	14.61 B	460.06 M	3.14 B
Profit Margin	(1.77) %	0.15 %	(2.00) %	0.08 %	(0) %	0.06 %	(0.05) %	0.04 %
EBITDA	(16.32 M)	159 M	(484.86 M)	743.74 M	292.79 M	75.2 M	(57.72 M)	(25.95 M)
Operating Margin	(36.76) %	0.16 %	0.46 %	0.20 %	0.08 %	0.09 %	(0.27) %	0.09 %
Current Valuation	5.85 M	1.11 B	4.84 B	9.9 B	6.36 B	5.9 B	370.39 M	646.2 M
Price To Book	1.34 X	1.15 X	N/A	1.85 X	6.00 X	1.93 X	1.46 X	0.92 X
Retained Earnings	(199.78 M)	1.38 B	(2.21 B)	4.11 B	(79.58 M)	2.91 B	(561.2 M)	574.69 M
Current Asset	29.41 M	N/A	N/A	1 B	229.37 M	N/A	N/A	N/A
Five Year Return	N/A	2.26 %	N/A	0.44 %	N/A	2.05 %	N/A	3.01 %
Beta	1.19	0.24	-0.097	1.18	1.75	0.71	1.02	0.38
Number Of Employees	17	717	999	14.5 K	10 K	4.8 K	676	852
Shares Outstanding	5.35 M	24.72 M	301.94 M	46.44 M	74.03 M	36.03 M	81.2 M	25.34 M
Cash Flow From Operations	(11.87 M)	49.4 M	(312.19 M)	510.64 M	220.86 M	361.7 M	(202.74 M)	171.74 M
Annual Yield	N/A	0.02 %	N/A	0.01 %	N/A	0.02 %	N/A	0.02 %
Total Debt	17.17 K	5.9 M	1.08 B	1.93 B	1.49 B	783.2 M	208.82 M	50 M
Return On Equity	-0.34	0.14	N/A	0.0541	0.032	0.15	-0.0396	0.0701
Z Score	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	-0.23	0.0302	-0.0761	0.0315	0.0239	0.0215	-0.11	0.0128
Number Of Shares Shorted	61.86 K	352.73 K	85.18 K	493.62 K	3.65 M	211.23 K	30.56 K	272.08 K
Book Value Per Share	3.83 X	44.20 X	(3.50) X	96.50 X	12.10 X	79.94 X	1.55 X	31.01 X
Current Liabilities	1.57 M	N/A	N/A	664.12 M	156.96 M	N/A	N/A	N/A
Total Asset	23 M	3.55 B	950.09 M	7.53 B	2.69 B	14.61 B	460.06 M	3.14 B
Debt To Equity	0.01 %	0.14 %	N/A	0.46 %	3.20 %	0.34 %	1.43 %	0.06 %
Short Ratio	2.80 X	3.12 X	0.58 X	0.88 X	6.14 X	1.06 X	1.22 X	1.80 X
Last Dividend Paid	N/A	1.16	N/A	1.36	N/A	3.4	N/A	0.64
Target Price	21.5	56.0	17.4	238.68	90.17	175.43	15.85	26.0
Shares Owned By Institutions	9.95 %	83.04 %	6.03 %	99.82 %	87.15 %	88.31 %	1.16 %	65.70 %
Market Capitalization	26.19 M	1.27 B	3.78 B	8.28 B	5.43 B	5.6 B	328.04 M	737.46 M
Price To Earning	15.80 X	7.59 X	N/A	38.28 X	55.56 X	18.15 X	N/A	11.71 X
Price To Earnings To Growth	N/A	2.05 X	N/A	0.91 X	2.32 X	(23.25) X	N/A	2.90 X
Price To Sales	5.46 X	1.42 X	12.24 X	2.74 X	3.06 X	0.91 X	2.07 X	0.61 X
Net Income	(16.35 M)	118.1 M	(551.73 M)	356.33 M	3.04 M	33.5 M	(101.43 M)	(29.7 M)
Earnings Per Share	(0.75) X	5.31 X	(1.85) X	5.04 X	(0.07) X	10.09 X	(0.12) X	1.95 X
Shares Owned By Insiders	2.91 %	1.64 %	64.01 %	0.28 %	10.62 %	0.70 %	N/A	18.23 %
Revenue	(2.85 M)	850.9 M	91.43 M	2.97 B	1.62 B	5.99 B	153.71 M	1.1 B
Working Capital	20.23 M	N/A	(66.11 M)	800.66 M	141.82 M	N/A	103.96 M	N/A
Cash And Equivalents	37.4 M	89.2 M	128.44 M	292.03 M	99.17 M	305 M	336.22 M	92.21 M
Cash Per Share	0.42 X	4.84 X	0.52 X	9.08 X	1.73 X	4.63 X	5.74 X	3.66 X
Gross Profit	500 K	59.3 M	20.92 M	1.55 B	288.77 M	752 M	(68.06 M)	15.27 M
Day Typical Price	4.88	51.02	12.55	177.52	73.01	154.9	4.25	28.82
Accumulation Distribution	169.85	702.98	502.98	1625.73	3556.18	424.7	17469.1	0.0246
Market Facilitation Index	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.72
Daily Balance Of Power	0.8333	0.7808	0.1538	(0.39)	0.4933	1.0	0.3333	(0.39)
Period Momentum Indicator	0.1	0.57	0.04	(0.99)	0.74	1.55	0.15	(0.28)
Rate Of Daily Change	1.02	1.01	1.0	0.99	1.01	1.01	1.04	0.99
Day Median Price	4.87	50.91	12.55	177.65	72.84	154.66	4.28	28.9
Price Action Indicator	0.08	0.63	0.03	(0.88)	0.89	1.52	(0.01)	(0.37)
Coefficient Of Variation	2079.9	1096.15	752.03	(487.86)	3379.88	1484.88	(801.35)	679.3
Mean Deviation	3.39	0.9984	1.28	1.26	1.83	0.9993	2.57	1.89
Jensen Alpha	0.1877	0.0873	0.2358	(0.50)	0.0302	0.0455	(0.46)	0.522
Total Risk Alpha	0.0117	0.0661	0.1467	(0.57)	(0.05)	0.0216	(0.62)	0.3694
Sortino Ratio	0.0356	0.0847	0.1188	N/A	0.0219	0.035	N/A	0.274
Downside Variance	25.73	1.41	2.51	N/A	4.38	1.6	N/A	3.24
Standard Deviation	4.69	1.59	1.75	2.24	3.06	1.32	3.65	3.66
Kurtosis	1.55	16.98	1.01	23.92	22.37	1.19	7.5	27.06
Potential Upside	7.08	1.7	3.31	1.71	2.97	2.14	4.11	4.67
Treynor Ratio	0.2716	0.0978	(0.60)	(0.53)	0.0555	0.0818	16.0	2.92
Maximum Drawdown	24.6	11.98	8.63	17.0	24.47	6.89	25.53	28.57
Variance	21.95	2.54	3.06	5.02	9.39	1.75	13.34	13.37
Market Risk Adjusted Performance	0.2816	0.1078	(0.59)	(0.52)	0.0655	0.0918	16.01	2.93
Risk Adjusted Performance	0.0467	0.0779	0.1118	(0.16)	0.031	0.0578	(0.09)	0.1255
Skewness	(0.38)	2.92	0.466	(3.67)	3.7	0.4709	1.48	4.43
Semi Deviation	4.72	1.05	1.28	N/A	1.92	1.17	N/A	1.32
Information Ratio	0.0385	0.0631	0.1074	(0.22)	0.015	0.0335	(0.14)	0.135
Value At Risk	(7.76)	(2.07)	(2.82)	(2.92)	(2.87)	(2.03)	(6.16)	(2.71)
Expected Short fall	(3.42)	(1.11)	(1.54)	N/A	(2.04)	(1.03)	N/A	(2.28)
Downside Deviation	5.07	1.19	1.58	N/A	2.09	1.27	N/A	1.8
Semi Variance	22.28	1.1	1.64	N/A	3.7	1.36	N/A	1.74

Altaba Competition Performance Charts

Five steps to successful analysis of Altaba Competition

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

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

In addition to having Altaba 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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You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Consideration for investing in Altaba Stock

If you are still planning to invest in Altaba Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altaba's history and understand the potential risks before investing.

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