Becton Competitors

BOX Stock  EUR 210.90  1.30  0.61%   
Becton Dickinson competes with MIRAMAR HOTEL, Hyatt Hotels, MELIA HOTELS, Meli Hotels, and SAFETY MEDICAL; as well as few others. The company classifies itself under Healthcare sector and is part of Medical Instruments & Supplies industry. Analyzing Becton Dickinson 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 Becton Dickinson to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Becton Dickinson 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 Becton Dickinson competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
209.29210.90212.51
Details
Intrinsic
Valuation
LowRealHigh
189.81213.45215.06
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Naive
Forecast
LowNextHigh
209.08210.69212.30
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
209.97212.22214.47
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Becton Dickinson Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Becton Dickinson 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 Becton 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 Becton Dickinson does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
MELMEL
MM3MEL
MEL1HTA
MEL1HTA
COPMM3
MM31HTA
  
High negative correlations   
MM3S8M
S8MMEL
S8MMEL
S8M1HTA
COPS8M
S8MMRL

Risk-Adjusted Indicators

There is a big difference between Becton Stock performing well and Becton Dickinson 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 Becton Dickinson'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.

Becton Dickinson Competitive Analysis

The better you understand Becton Dickinson competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Becton Dickinson'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 Becton Dickinson'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
BOX MRL 1HTA MEL MEL S8M MM3 COP
 0.61 
 210.90 
Becton
 0.00 
 1.12 
MIRAMAR
 0.84 
 148.15 
Hyatt
 3.33 
 6.83 
MELIA
 1.49 
 6.83 
Meli
 4.55 
 0.21 
SAFETY
 0.51 
 99.00 
Merit
 9.17 
 15.35 
CompuGroup
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
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(Probability Of Bankruptcy)
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(Equity Enterprise Value)
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(90 Days Macroaxis Advice)
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Day Typical Price
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Period Momentum Indicator
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Becton Dickinson Competition Performance Charts

Five steps to successful analysis of Becton Dickinson Competition

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

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Additional Information and Resources on Investing in Becton Stock

When determining whether Becton Dickinson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Becton Dickinson's 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 Becton Dickinson And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Becton Dickinson And Stock:
Check out Becton Dickinson Correlation with its peers.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Becton Dickinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Becton Dickinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Becton Dickinson's 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.