Johnson Competitors
| JNJ Stock | 138.94 0.18 0.13% |
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 Johnson Johnson competition on your existing holdings.
Johnson |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Johnson Johnson's 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.
Johnson Johnson Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Johnson Johnson 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 Johnson 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 Johnson Johnson does not affect the price movement of the other competitor.
| 0.46 | 0.49 | 0.59 | -0.36 | 0.37 | 0.62 | JNJ | ||
| 0.46 | 0.88 | 0.55 | -0.63 | 0.69 | 0.79 | LLY | ||
| 0.49 | 0.88 | 0.48 | -0.81 | 0.78 | 0.8 | ZEG | ||
| 0.59 | 0.55 | 0.48 | -0.55 | 0.75 | 0.85 | AMG | ||
| -0.36 | -0.63 | -0.81 | -0.55 | -0.89 | -0.81 | GIS | ||
| 0.37 | 0.69 | 0.78 | 0.75 | -0.89 | 0.9 | BAYN | ||
| 0.62 | 0.79 | 0.8 | 0.85 | -0.81 | 0.9 | IDP | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Johnson Stock performing well and Johnson Johnson 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 Johnson Johnson'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JNJ | 0.67 | (0.08) | 0.00 | 0.94 | 0.00 | 1.49 | 4.21 | |||
| LLY | 1.59 | (0.13) | 0.00 | (0.15) | 0.00 | 3.54 | 10.62 | |||
| ZEG | 1.03 | (0.19) | 0.00 | (0.79) | 0.00 | 1.74 | 9.85 | |||
| AMG | 1.29 | (0.23) | 0.00 | (1.79) | 0.00 | 2.87 | 14.79 | |||
| GIS | 1.18 | 0.26 | 0.18 | 0.38 | 1.12 | 2.55 | 8.93 | |||
| BAYN | 1.46 | (0.60) | 0.00 | 6.44 | 0.00 | 1.74 | 18.86 | |||
| IDP | 1.17 | (0.35) | 0.00 | (1.20) | 0.00 | 1.89 | 12.11 |
Johnson Johnson Competitive Analysis
The better you understand Johnson Johnson competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Johnson Johnson'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 Johnson Johnson'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 |
Johnson Johnson Competition Performance Charts
Five steps to successful analysis of Johnson Johnson Competition
Johnson Johnson'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 Johnson Johnson in relation to its competition. Johnson Johnson's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Johnson Johnson 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 Johnson Johnson's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Johnson Johnson, 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.
Complement your Johnson Johnson position
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Additional Tools for Johnson Stock Analysis
When running Johnson Johnson's price analysis, check to measure Johnson Johnson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Johnson Johnson is operating at the current time. Most of Johnson Johnson's value examination focuses on studying past and present price action to predict the probability of Johnson Johnson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Johnson's price. Additionally, you may evaluate how the addition of Johnson Johnson to your portfolios can decrease your overall portfolio volatility.