Asia Competitors

ACRB Stock

USD 0.0001 0.00 0.00%

Asia Carbon Industries competes with Sherwin Williams, Air Liquide, Air Products, Ecolab, and Dupont De; as well as few others. The company conducts business under Basic Materials sector and is part of Specialty Chemicals industry. Analyzing Asia Carbon 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 Asia Carbon to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Asia Carbon 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 Asia Carbon competition on your existing holdings.

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Asia Carbon Competition Correlation Matrix

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

	SHW	AIQUY	APD	ECL	DD	PPG
SHW		-0.28	0.45	0.09	0.33	0.08	SHW
AIQUY	-0.28		-0.56	0.62	0.36	0.79	AIQUY
APD	0.45	-0.56		0.15	0.23	-0.22	APD
ECL	0.09	0.62	0.15		0.54	0.7	ECL
DD	0.33	0.36	0.23	0.54		0.68	DD
PPG	0.08	0.79	-0.22	0.7	0.68		PPG
	SHW	AIQUY	APD	ECL	DD	PPG

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High positive correlations

PPG	+ 0.79	AIQUY
PPG	+ 0.7	ECL
PPG	+ 0.68	DD
ECL	+ 0.62	AIQUY
DD	+ 0.54	ECL
APD	+ 0.45	SHW

High negative correlations

APD	- 0.56	AIQUY
AIQUY	- 0.28	SHW
PPG	- 0.22	APD

Risk-Adjusted Indicators

There is a big difference between Asia Pink Sheet performing well and Asia Carbon 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 Asia Carbon'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
SHW	0.96	0.06	0.01	0.22	1.13	(1.18)	2.43	(1.52)	7.77
AIQUY	0.90	(0.21)	0.00	(0.55)	0.00	0.00	2.00	(2.41)	6.03
APD	0.90	0.26	0.17	1.16	0.54	(0.98)	1.90	(1.38)	10.91
ECL	0.73	(0.07)	(0.14)	(0.01)	0.96	(0.69)	1.43	(1.11)	4.42
DD	0.99	(0.07)	(0.08)	0.04	1.21	(1.06)	2.68	(2.46)	7.46
PPG	0.83	(0.12)	0.00	(0.05)	0.00	0.00	1.37	(1.94)	8.06

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Asia Carbon Competitive Analysis

The better you understand Asia Carbon competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Asia Carbon'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 Asia Carbon's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	ACRB	SHW	AIQUY	APD	ECL	DD	PPG
	0.00 0.0001 Asia	0.87 397.40 Sherwin	0.85 33.25 Air	0.33 334.33 Air	0.43 248.77 Ecolab	0.08 83.59 Dupont	0.75 124.37 PPG
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	OK	Very Weak	Solid	Weak	Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Very Low	Very Low	Very Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Under Valued	Under Valued	Over Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Buy	Not Available	Buy	Buy	Buy	Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Buy	Hold	Buy	Strong Hold	Hold	Strong Hold
Current Ratio	2.98 X	1.00 X	0.83 X	1.81 X	1.35 X	2.39 X	1.52 X
Net Asset	39.81 M	22.95 B	46.78 B	39.57 B	21.85 B	38.55 B	21.65 B
Profit Margin	0.12 %	0.11 %	0.1 %	0.32 %	0.13 %	0.07 %	0.08 %
EBITDA	7.41 M	3.69 B	5.99 B	6.49 B	3.03 B	2.05 B	2.6 B
Operating Margin	0.18 %	0.18 %	0.16 %	0.26 %	0.15 %	0.17 %	0.13 %
Current Valuation	(829.94 K)	111.08 B	89.7 B	86.12 B	77.18 B	40.54 B	34.59 B
Price To Book	0.08 X	23.87 X	3.15 X	4.35 X	8.21 X	1.45 X	3.68 X
Retained Earnings	23.87 M	5.29 B	10.41 B	19.55 B	10.08 B	(22.87 B)	21.5 B
Current Asset	9.51 M	2.66 B	7.47 B	4.32 B	1.02 B	17.12 B	6.71 B
Five Year Return	N/A	0.82 %	2.09 %	2.22 %	1.02 %	2.50 %	1.67 %
Beta	0.37	1.18	0.66	0.83	1.14	1.34	1.25
Number Of Employees	8	64.09 K	66.4 K	23 K	48 K	24 K	53 K
Shares Outstanding	56.06 M	251.85 M	2.61 B	222.38 M	283.16 M	417.96 M	232 M
Cash Flow From Operations	8.28 M	3.52 B	5.57 B	3.65 B	2.41 B	1.92 B	2.41 B
Annual Yield	N/A	0.01 %	0.02 %	0.02 %	0.01 %	0.02 %	0.02 %
Total Debt	1.38 M	11.81 B	10.43 B	14.8 B	8.73 B	8.29 B	6.87 B
Return On Equity	0.11	0.64	0.13	0.23	0.25	0.0219	0.19
Z Score	2.2	N/A	4.2	N/A	N/A	N/A	N/A
Return On Asset	0.0887	0.1	0.0565	0.0497	0.0742	0.0292	0.0668
Book Value Per Share	0.67 X	16.59 X	8.82 X	76.53 X	23.46 X	57.94 X	33.57 X
Number Of Shares Shorted	N/A	6.41 M	N/A	3.2 M	1.9 M	3.81 M	3.27 M
Current Liabilities	3.19 M	2.14 B	14.56 B	3.28 B	853.83 M	8.9 B	4.7 B
Total Asset	39.81 M	22.95 B	46.78 B	39.57 B	21.85 B	38.55 B	21.65 B
Debt To Equity	0.04 %	4.79 %	0.62 %	0.61 %	1.26 %	0.48 %	1.24 %
Short Ratio	N/A	2.65 X	N/A	2.19 X	1.87 X	1.97 X	2.13 X
Target Price	N/A	390.84	36.0	345.09	274.62	96.0	147.42
Last Dividend Paid	N/A	2.75	2.64	7.06	2.28	1.5	2.63
Shares Owned By Institutions	N/A	79.74 %	N/A	91.46 %	90.61 %	72.33 %	84.96 %
Market Capitalization	3.11 M	100.09 B	83.06 B	74.35 B	70.44 B	35.07 B	28.85 B
Price To Earning	N/A	33.48 X	23.16 X	30.75 X	38.00 X	21.91 X	29.97 X
Price To Earnings To Growth	N/A	3.66 X	1.78 X	12.16 X	2.49 X	0.46 X	1.07 X
Price To Sales	0.1 X	4.34 X	2.78 X	6.14 X	4.49 X	2.88 X	1.60 X
Net Income	6.45 M	2.39 B	2.57 B	3.86 B	1.37 B	494 M	1.27 B
Earnings Per Share	N/A	10.05 X	1.08 X	17.23 X	7.13 X	1.28 X	6.31 X
Shares Owned By Insiders	N/A	7.86 %	N/A	0.35 %	0.17 %	0.11 %	0.20 %
Revenue	45.94 M	23.05 B	23.33 B	12.1 B	15.32 B	12.07 B	18.25 B
Working Capital	6.33 M	(1.11 B)	(7.09 B)	2.18 B	1.3 B	4.42 B	2.38 B
Cash And Equivalents	5.32 M	198.8 M	1.52 B	1.62 B	598.6 M	3.66 B	1.1 B
Cash Per Share	0.09 X	0.51 X	0.58 X	15.05 X	0.40 X	3.59 X	4.67 X
Gross Profit	10.63 M	9.33 B	13.95 B	3.77 B	5.43 B	4.62 B	6.6 B
Day Typical Price	1.0E-4	396.6	33.09	333.42	248.47	83.62	124.03
Accumulation Distribution	N/A	17665.98	1749.26	7614.7	6513.4	11069.47	8347.46
Daily Balance Of Power	0.0	0.6706	0.5714	0.3353	0.4756	0.0875	0.6815
Period Momentum Indicator	N/A	3.44	0.28	1.11	1.07	0.07	0.92
Rate Of Daily Change	1.0	1.01	1.01	1.0	1.0	1.0	1.01
Day Median Price	1.0E-4	396.21	33.0	332.97	248.33	83.63	123.87
Price Action Indicator	N/A	2.91	0.39	1.92	0.98	(0.01)	0.97
Relative Strength Index	N/A	68.43	31.74	51.27	48.53	48.86	43.11
Coefficient Of Variation	N/A	879.85	(745.43)	492.85	39194.53	3883.18	(4,987)
Mean Deviation	N/A	0.9627	0.904	0.8975	0.7276	0.9915	0.8293
Jensen Alpha	N/A	0.0602	(0.21)	0.2639	(0.07)	(0.07)	(0.12)
Total Risk Alpha	N/A	(0.08)	(0.38)	0.0443	(0.16)	(0.21)	(0.23)
Sortino Ratio	N/A	0.0138	N/A	0.1719	(0.14)	(0.08)	N/A
Downside Variance	N/A	1.53	N/A	0.9658	0.9574	1.6	N/A
Standard Deviation	N/A	1.36	1.21	1.51	0.9008	1.39	1.2
Kurtosis	N/A	4.59	0.4706	20.91	0.1648	2.03	4.95
Potential Upside	N/A	2.43	2.0	1.9	1.43	2.68	1.37
Treynor Ratio	N/A	0.2186	(0.55)	1.16	(0.01)	0.0358	(0.05)
Maximum Drawdown	N/A	7.77	6.03	10.91	4.42	7.46	8.06
Variance	N/A	1.85	1.47	2.28	0.8114	1.93	1.44
Market Risk Adjusted Performance	N/A	0.2286	(0.54)	1.17	(0)	0.0458	(0.04)
Risk Adjusted Performance	N/A	0.0913	(0.1)	0.16	0.0035	0.0242	(0.01)
Skewness	N/A	(0.24)	(0.26)	3.58	(0.29)	0.717	0.9539
Semi Deviation	N/A	1.13	N/A	0.5433	0.9608	1.21	N/A
Information Ratio	N/A	0.0125	(0.25)	0.1118	(0.15)	(0.07)	(0.13)
Value At Risk	N/A	(1.52)	(2.41)	(1.38)	(1.11)	(2.46)	(1.94)
Expected Short fall	N/A	(1.18)	N/A	(0.98)	(0.69)	(1.06)	N/A
Downside Deviation	N/A	1.24	N/A	0.9828	0.9785	1.27	N/A
Semi Variance	N/A	1.28	N/A	0.2951	0.9231	1.47	N/A

Asia Carbon Competition Performance Charts

Five steps to successful analysis of Asia Carbon Competition

Asia Carbon'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 Asia Carbon Industries in relation to its competition. Asia Carbon's competition analysis typically involves several steps, including:

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

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Asia Carbon financial ratios help investors to determine whether Asia Pink Sheet 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 Asia with respect to the benefits of owning Asia Carbon security.

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Asia Competitors

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Asia Carbon Competition Correlation Matrix

Risk-Adjusted Indicators

Asia Carbon Competitive Analysis

Asia Carbon Competition Performance Charts

Five steps to successful analysis of Asia Carbon Competition

Complement your Asia Carbon position

Did You Try This Idea?

Run Stores Thematic Idea Now

Stores

Other Information on Investing in Asia Pink Sheet

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