Dover Competitors

Summary

Dover Downs Gaming competes with Cheesecake Factory, Wendys, BJs Restaurants, Apogee Enterprises, and Harmony Gold; as well as few others. The company runs under Consumer Cyclical sector within Gambling industry. Analyzing Dover Downs 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 Dover Downs to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Investing Opportunities 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 unemployment.

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 Dover Downs competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dover Downs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

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Prediction

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Intrinsic

Valuation

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Dover Downs Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Dover Downs 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 Dover 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 Dover Downs Gaming does not affect the price movement of the other competitor.

	CAKE	WEN	BJRI	APOG	HMY	SCL	FSI	DLTTF
CAKE		-0.17	0.74	0.55	-0.62	-0.08	0.52	0.0	CAKE
WEN	-0.17		0.29	0.33	0.66	0.13	0.45	0.0	WEN
BJRI	0.74	0.29		0.59	-0.18	-0.05	0.59	0.0	BJRI
APOG	0.55	0.33	0.59		-0.28	0.39	0.59	0.0	APOG
HMY	-0.62	0.66	-0.18	-0.28		0.12	0.0	0.0	HMY
SCL	-0.08	0.13	-0.05	0.39	0.12		0.2	0.0	SCL
FSI	0.52	0.45	0.59	0.59	0.0	0.2		0.0	FSI
DLTTF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		DLTTF
	CAKE	WEN	BJRI	APOG	HMY	SCL	FSI	DLTTF

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High positive correlations

BJRI	+ 0.74	CAKE
HMY	+ 0.66	WEN
APOG	+ 0.59	BJRI
FSI	+ 0.59	BJRI
FSI	+ 0.59	APOG
APOG	+ 0.55	CAKE

High negative correlations

HMY	- 0.62	CAKE
HMY	- 0.28	APOG
HMY	- 0.18	BJRI
WEN	- 0.17	CAKE
SCL	- 0.08	CAKE
SCL	- 0.05	BJRI

Risk-Adjusted Indicators

There is a big difference between Dover Stock performing well and Dover Downs 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 Dover Downs' 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
CAKE	1.91	0.28	0.14	0.24	1.88	(2.29)	4.75	(3.23)	14.42
WEN	1.34	(0.10)	0.00	(0.07)	0.00	0.00	3.32	(2.23)	10.30
BJRI	1.97	0.12	0.05	0.11	2.60	(1.98)	3.99	(3.27)	13.05
APOG	1.67	0.07	0.06	0.07	1.76	(2.05)	2.78	(3.10)	28.75
HMY	2.58	(0.30)	0.00	(8.14)	0.00	0.00	6.52	(5.77)	17.61
SCL	1.22	(0.18)	0.00	(2.86)	0.00	0.00	2.04	(2.72)	13.51
FSI	2.37	0.06	0.01	0.25	3.17	(2.60)	6.31	(4.14)	22.22
DLTTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Unable to evaluate fundamental data of [CAKE, WEN, BJRI, APOG, HMY, SCL, FSI, DLTTF] at this time. Please try again later

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Dover Downs Competitive Analysis

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

Better Than Average

Worse Than Peers

View Performance Chart

	CAKE	WEN	BJRI	APOG	HMY	SCL	FSI	DLTTF
	1.26 48.07 Cheesecake	0.91 16.63 Wendys	1.23 35.28 BJs	1.19 72.07 Apogee	0.60 8.32 Harmony	0.45 66.82 Stepan	0.28 3.56 Flexible	0.00 4.88 Dalata
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Slightly risky	Very steady	Moderately volatile	Very steady
Market Performance (90 Days Performance)	OK	Very Weak	Insignificant	Insignificant	Very Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	Very Small	Below Average	Low	Very Small	Very Low	Very Small	Quite High
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Fairly Valued	Over Valued	Over Valued	Under Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Buy	Buy	Hold	Hold	Buy	Strong Buy	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Current Ratio	0.63 X	2.62 X	0.43 X	1.82 X	1.51 X	1.78 X	2.51 X	0.99 X
Net Asset	2.84 B	5.18 B	1.06 B	884.06 M	60.46 B	2.36 B	55.47 M	N/A
Profit Margin	0.04 %	0.09 %	0.02 %	0.08 %	0.14 %	0.02 %	0.07 %	0.19 %
EBITDA	202.9 M	552.05 M	86.01 M	178.83 M	17.21 B	169.68 M	5.2 M	111.66 M
Operating Margin	0.04 %	0.16 %	(0.01) %	0.13 %	0.23 %	0.04 %	0.20 %	0.23 %
Current Valuation	4.26 B	6.98 B	1.28 B	1.62 B	5.07 B	2.1 B	40.59 M	1.63 B
Price To Book	6.11 X	12.93 X	2.11 X	3.09 X	2.35 X	1.23 X	1.20 X	N/A
Retained Earnings	1.22 B	409.86 M	288.73 M	340.38 M	2.24 B	1.26 B	18.05 M	N/A
Current Asset	225.4 M	616.57 M	93 M	336.79 M	3.47 B	619.57 M	7.97 M	N/A
Five Year Return	2.55 %	1.87 %	N/A	2.01 %	N/A	1.07 %	N/A	N/A
Beta	1.48	0.78	2.11	0.97	1.25	0.81	1.49	1.7
Number Of Employees	47.9 K	5.1 K	21.23 K	4.4 K	34.72 K	2.39 K	46	4.23 K
Shares Outstanding	51.04 M	203.84 M	22.82 M	21.94 M	622.07 M	22.49 M	12.46 M	184.28 M
Cash Flow From Operations	218.4 M	345.42 M	105.84 M	204.15 M	15.65 B	174.88 M	6.99 M	90.58 M
Annual Yield	0.02 %	0.06 %	N/A	0.01 %	0.02 %	0.02 %	0.05 %	N/A
Total Debt	1.86 B	4.14 B	519.5 M	106.19 M	2.29 B	712.17 M	10.04 M	722.82 M
Return On Equity	0.36	0.64	0.0814	0.22	0.23	0.0378	0.0987	0.071
Z Score	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	0.0388	0.0434	0.0172	0.11	0.15	0.0188	0.045	0.0266
Number Of Shares Shorted	5.41 M	13.2 M	1.63 M	867.58 K	8.41 M	349.07 K	20.32 K	N/A
Book Value Per Share	7.78 X	1.28 X	16.43 X	23.08 X	65.77 X	54.21 X	2.83 X	4.87 X
Current Liabilities	350.23 M	268.77 M	116.89 M	177.38 M	2.03 B	243.24 M	1.56 M	N/A
Total Asset	2.84 B	5.18 B	1.06 B	884.06 M	60.46 B	2.36 B	55.47 M	N/A
Debt To Equity	5.00 %	N/A	1.54 %	0.83 %	0.11 %	0.50 %	0.22 %	0.77 %
Short Ratio	4.36 X	3.38 X	5.03 X	6.35 X	1.70 X	2.69 X	0.73 X	N/A
Target Price	49.41	20.49	38.88	83.0	10.76	97.0	5.5	N/A
Last Dividend Paid	1.08	1.0	N/A	0.99	2.41	1.5	N/A	N/A
Shares Owned By Institutions	91.94 %	89.08 %	99.93 %	96.26 %	27.97 %	84.84 %	8.83 %	66.38 %
Market Capitalization	2.42 B	3.39 B	805.08 M	1.58 B	5.23 B	1.52 B	44.34 M	564.4 M
Price To Earning	19.59 X	43.12 X	649.75 X	81.00 X	8.21 X	18.38 X	13.00 X	17.73 X
Price To Earnings To Growth	2.60 X	1.66 X	1.80 X	1.57 X	N/A	4.34 X	N/A	N/A
Price To Sales	0.68 X	1.53 X	0.60 X	1.15 X	0.09 X	0.69 X	1.17 X	1.51 X
Net Income	101.35 M	204.44 M	19.66 M	99.61 M	8.59 B	40.2 M	2.78 M	(6.33 M)
Earnings Per Share	2.64 X	0.94 X	1.26 X	4.74 X	0.74 X	2.00 X	0.33 X	(0.03) X
Shares Owned By Insiders	6.85 %	8.94 %	5.07 %	1.83 %	N/A	3.75 %	45.51 %	14.01 %
Revenue	3.44 B	2.18 B	1.33 B	1.42 B	61.38 B	2.33 B	38.32 M	372.65 M
Working Capital	(359.87 M)	455.72 M	(116.3 M)	113.93 M	1.81 B	244.01 M	20.17 M	N/A
Cash And Equivalents	194.89 M	700.81 M	37.76 M	23.65 M	2.87 B	173.75 M	6.12 M	50.2 M
Cash Per Share	3.73 X	3.29 X	1.61 X	1.07 X	3.97 X	7.28 X	0.44 X	0.22 X
Gross Profit	1.28 B	720.76 M	144.76 M	302.36 M	13.79 B	427.07 M	11.4 M	130.71 M
Day Typical Price	47.94	16.55	35.56	71.75	8.31	66.93	3.57	4.88
Accumulation Distribution	5546.46	18429.42	4609.53	814.31	64640.29	0.0236	176.33	N/A
Market Facilitation Index	0.0	N/A	0.0	0.0	N/A	1.6	0.0	N/A
Daily Balance Of Power	0.8	0.5357	0.3007	0.8947	(0.23)	(0.19)	0.1667	0.0
Period Momentum Indicator	0.6	0.15	0.43	0.85	(0.05)	(0.30)	0.01	N/A
Rate Of Daily Change	1.01	1.01	1.01	1.01	0.99	1.0	1.0	1.0
Day Median Price	47.88	16.51	35.71	71.6	8.3	66.99	3.58	4.88
Price Action Indicator	0.5	0.19	(0.21)	0.9	(0.01)	(0.32)	(0.01)	N/A
Coefficient Of Variation	743.18	(3,159)	1413.25	2146.49	(1,204)	(1,073)	4552.58	N/A
Mean Deviation	1.91	1.34	1.97	1.67	2.58	1.22	2.37	N/A
Jensen Alpha	0.2766	(0.10)	0.1192	0.0743	(0.30)	(0.18)	0.0571	N/A
Total Risk Alpha	0.2163	(0.15)	0.0618	5.0E-4	(0.45)	(0.26)	(0.08)	N/A
Sortino Ratio	0.1384	N/A	0.0501	0.0589	N/A	N/A	0.0089	N/A
Downside Variance	4.37	N/A	7.96	3.55	N/A	N/A	12.77	N/A
Standard Deviation	2.48	1.8	2.63	3.34	3.45	1.81	3.48	N/A
Kurtosis	1.48	1.38	1.37	31.88	0.6134	9.58	3.1	N/A
Potential Upside	4.75	3.32	3.99	2.78	6.52	2.04	6.31	N/A
Treynor Ratio	0.237	(0.07)	0.1076	0.0709	(8.14)	(2.86)	0.25	N/A
Maximum Drawdown	14.42	10.3	13.05	28.75	17.61	13.51	22.22	N/A
Variance	6.17	3.24	6.92	11.19	11.89	3.28	12.09	N/A
Market Risk Adjusted Performance	0.247	(0.06)	0.1176	0.0809	(8.13)	(2.85)	0.26	N/A
Risk Adjusted Performance	0.1144	(0.02)	0.0635	0.0449	(0.06)	(0.07)	0.0253	N/A
Skewness	0.5418	0.0685	(0.49)	4.73	0.2949	1.78	0.3126	N/A
Semi Deviation	1.88	N/A	2.6	1.76	N/A	N/A	3.17	N/A
Information Ratio	0.1165	(0.06)	0.0537	0.0332	(0.1)	(0.12)	0.0091	N/A
Value At Risk	(3.23)	(2.23)	(3.27)	(3.10)	(5.77)	(2.72)	(4.14)	N/A
Expected Short fall	(2.29)	N/A	(1.98)	(2.05)	N/A	N/A	(2.60)	N/A
Downside Deviation	2.09	N/A	2.82	1.89	N/A	N/A	3.57	N/A
Semi Variance	3.53	N/A	6.77	3.11	N/A	N/A	10.06	N/A

Dover Downs Competition Performance Charts

Five steps to successful analysis of Dover Downs Competition

Dover Downs' 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 Dover Downs Gaming in relation to its competition. Dover Downs' competition analysis typically involves several steps, including:

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

In addition to having Dover Downs 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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Other Consideration for investing in Dover Stock

If you are still planning to invest in Dover Downs Gaming 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 Dover Downs' history and understand the potential risks before investing.

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