Bristol Competitors

Stocks . Brazil . 
Stock . Bristol Myers Squibb
BMYB34 Stock  BRL 355.25  12.45  3.63%   
Bristol Myers Squibb competes with Waste Management, MAHLE Metal, UnitedHealth Group, Autohome, and Charter Communications; as well as few others. The company operates under Healthcare sector and is part of Drug Manufacturers - Major industry. Analyzing Bristol Myers 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 Bristol Myers to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Bristol Myers 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 Bristol Myers competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
352.92355.25357.58
Details
Intrinsic
Valuation
LowRealHigh
260.56262.88390.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bristol Myers. Your research has to be compared to or analyzed against Bristol Myers' peers to derive any actionable benefits. When done correctly, Bristol Myers' 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 Bristol Myers Squibb.

Bristol Myers Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bristol Myers 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 Bristol 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 Bristol Myers Squibb does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
T1MU34
+ 0.98
W1MC34
CHCM34
+ 0.93
W1MC34
T1MU34
+ 0.93
CHCM34
UNHH34
+ 0.65
W1MC34
T1MU34
+ 0.59
UNHH34
CHCM34
+ 0.57
UNHH34
  
High negative correlations   
T1MU34
- 0.82
LEVE3
LEVE3
- 0.79
W1MC34
CHCM34
- 0.78
LEVE3
CHCM34
- 0.49
A1TH34
A1TH34
- 0.38
W1MC34
T1MU34
- 0.37
A1TH34

Risk-Adjusted Indicators

There is a big difference between Bristol Stock performing well and Bristol Myers 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 Bristol Myers' 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

Bristol Myers Competitive Analysis

The better you understand Bristol Myers competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bristol Myers' 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 Bristol Myers' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
BMYB34 W1MC34 LEVE3 UNHH34 A1TH34 CHCM34 T1MU34 BROF11
 3.63 
 355.25 
Bristol
 0.41 
 628.15 
Waste
 0.11 
 27.30 
MAHLE
 2.83 
 45.04 
UnitedHealth
 0.80 
 16.35 
Autohome
 0.61 
 36.28 
Charter
 2.58 
 686.58 
T1MU34
 2.44 
 42.82 
Brpr
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
OK
Very Weak
Weak
Very Weak
Good
Solid
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Unknown
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Under 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
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Buy
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Strong Buy
Cautious Hold
Current Ratio
3.88 X
N/A
2.05 X
N/A
N/A
0.47 X
0.94 X
Net Asset
109.31 B
29.1 B
2.94 B
245.71 B
28.53 B
144.52 B
206.56 B
Profit Margin
0.14 %
0.11 %
0.14 %
0.06 %
0.23 %
0.09 %
0.03 %
EBITDA
18.54 B
4.71 B
832.02 M
31.84 B
2.21 B
20.92 B
23.1 B
Operating Margin
0.20 %
0.17 %
0.14 %
0.09 %
0.14 %
0.23 %
0.16 %
Current Valuation
1.04 T
438.12 B
3.94 B
2.7 T
6.08 B
839.88 B
1.49 T
Price To Book
5.00 X
9.72 X
2.32 X
6.68 X
4.73 X
6.50 X
2.54 X
Five Year Return
N/A
N/A
4.84 %
N/A
N/A
N/A
N/A
Beta
0.42
0.72
1.01
0.69
0.16
1.13
0.56
Number Of Employees
41
49.5 K
7.39 K
10
5.52 K
101.7 K
10
Shares Outstanding
2.13 B
816.3 M
128.31 M
65.4 B
5.02 B
9.16 B
2.47 B
Cash Flow From Operations
16.21 B
4.34 B
357.9 M
26.21 B
3.52 B
14.93 B
13.92 B
Annual Yield
0.03 %
0.02 %
0.05 %
0.01 %
0.01 %
N/A
N/A
Total Debt
39.6 B
12.7 B
100.07 M
54.51 B
N/A
96.09 B
68.57 B
Return On Equity
0.18
0.32
0.34
0.25
0.0619
0.38
0.0373
Z Score
12.0
15.0
28.0
27.4
N/A
1.8
7.8
Return On Asset
0.0613
0.0709
0.12
0.0776
0.0204
0.0544
0.0391
Book Value Per Share
15.38 X
8.40 X
12.84 X
2.49 X
189.59 X
1.02 X
28.22 X
Total Asset
109.31 B
29.1 B
2.94 B
245.71 B
28.53 B
144.52 B
206.56 B
Debt To Equity
159.70 %
N/A
0.14 %
N/A
N/A
3.71 %
1.64 %
Last Dividend Paid
2.19
2.6
3.66
6.4
3.37
N/A
N/A
Target Price
N/A
N/A
27.0
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
14.88 %
N/A
0.01 %
0.01 %
N/A
Market Capitalization
812.44 B
326.67 B
4.51 B
2.42 T
94.51 B
322.46 B
938.47 B
Price To Earning
50.79 X
N/A
9.96 X
N/A
N/A
38.78 X
57.16 X
Price To Earnings To Growth
2.41 X
2.63 X
2.74 X
1.64 X
N/A
0.29 X
0.47 X
Price To Sales
18.62 X
18.66 X
0.88 X
8.35 X
12.23 X
4.87 X
11.61 X
Net Income
6.33 B
1.82 B
566.86 M
20.12 B
2.25 B
5.05 B
3.02 B
Earnings Per Share
15.61 X
14.26 X
4.47 X
1.58 X
0.22 X
2.63 X
5.40 X
Shares Owned By Insiders
N/A
N/A
7.00 %
N/A
N/A
N/A
N/A
Revenue
46.16 B
17.93 B
3.62 B
322.13 B
7.24 B
54.02 B
80.12 B
Cash And Equivalents
29.36 B
N/A
317.66 M
N/A
N/A
1.71 B
7.79 B
Cash Per Share
17.95 X
N/A
1.92 X
N/A
N/A
0.16 X
3.12 X
Gross Profit
36.02 B
7.4 B
986.96 M
79.62 B
6.23 B
24.48 B
47.56 B
Day Typical Price
354.95
628.56
27.15
44.66
16.29
35.92
686.58
42.66
Accumulation Distribution
0.0045
0.0296
4478.59
171.73
3.59
9.08
N/A
866.63
Market Facilitation Index
1.6
0.0827
0.0
2.0E-4
6.0E-4
0.0035
N/A
1.0E-4
Daily Balance Of Power
7.78125
2.064516
(0.06)
0.9466
0.6842
0.2037
9.2 T
0.434
Period Momentum Indicator
12.45
2.56
(0.03)
1.24
0.13
0.22
17.25
1.02
Rate Of Daily Change
1.04
1.0
1.0
1.03
1.01
1.01
1.03
1.02
Day Median Price
354.8
628.77
27.08
44.47
16.26
35.74
686.58
42.58
Price Action Indicator
6.67
0.66
0.21
1.2
0.16
0.65
8.63
0.76
Coefficient Of Variation
529.21
716.45
(858.04)
5821.56
1503.8
897.34
424.1
(1,344)
Mean Deviation
1.4
0.9382
1.03
1.79
1.63
1.83
1.08
0.9699
Jensen Alpha
0.4203
0.1797
(0.19)
0.0329
0.1556
0.3136
0.3671
(0.11)
Total Risk Alpha
0.354
0.1451
(0.22)
(0.04)
0.0771
0.2287
0.3232
(0.15)
Sortino Ratio
0.1498
0.1338
N/A
0.0031
0.0478
0.1011
0.1586
N/A
Downside Variance
7.04
1.49
N/A
9.74
6.52
8.25
4.79
N/A
Standard Deviation
2.28
1.41
1.47
2.49
2.34
2.9
1.61
1.31
Kurtosis
6.6
5.49
2.05
1.45
1.82
7.93
4.98
0.6004
Potential Upside
3.9
2.39
2.45
2.83
3.85
4.23
2.58
2.44
Treynor Ratio
25.04
0.6546
(0.69)
(23.44)
(0.33)
(136.34)
2.63
(0.57)
Maximum Drawdown
16.31
8.93
7.83
11.55
13.89
23.36
9.58
6.1
Variance
5.19
1.98
2.15
6.21
5.46
8.43
2.6
1.7
Market Risk Adjusted Performance
25.05
0.6646
(0.68)
(23.43)
(0.32)
(136.33)
2.64
(0.56)
Risk Adjusted Performance
0.1562
0.115
(0.09)
0.0204
0.0593
0.0956
0.1919
(0.06)
Skewness
1.33
1.43
(0.40)
(0.76)
0.322
1.02
(1.22)
0.5709
Semi Deviation
1.28
1.04
N/A
2.94
2.09
2.42
1.47
N/A
Information Ratio
0.1744
0.116
(0.14)
0.0039
0.0523
0.1
0.2152
(0.1)
Value At Risk
(3.08)
(1.95)
(2.55)
(5.11)
(3.61)
(3.66)
(1.66)
(2.13)
Expected Short fall
(2.34)
(0.99)
N/A
(1.55)
(1.78)
(1.80)
(1.13)
N/A
Downside Deviation
2.65
1.22
N/A
3.12
2.55
2.87
2.19
N/A
Semi Variance
1.65
1.08
N/A
8.66
4.39
5.85
2.17
N/A

Bristol Myers Competition Performance Charts

Five steps to successful analysis of Bristol Myers Competition

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

In addition to having Bristol Myers 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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Airlines
Airlines Theme
Domestic and international airlines and airline services. The Airlines theme has 39 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 Airlines Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Bristol Stock

When determining whether Bristol Myers Squibb offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bristol Myers' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bristol Myers Squibb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bristol Myers Squibb Stock:
How To Invest In Bristol
Details
Is Bristol Stock a good investment?
Details
What is Bristol Myers' Net Worth?
Details
Largest Pharmaceuticals Companies
View
Largest Pharmaceuticals, Biotechnology & Life Sciences Companies
View
Check out Bristol Myers Correlation with its peers.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Bristol Myers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bristol Myers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bristol Myers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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
 
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