Millat Competitors

MTL Stock

624.44 1.53 0.25%

Millat Tractors competes with Habib Bank, National Bank, United Bank, MCB Bank, and Allied Bank; as well as few others. The company operates under Industrials sector and is part of Machinery industry. Analyzing Millat Tractors 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 Millat Tractors to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Millat Tractors 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 Millat Tractors competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
622.67	624.44	626.21

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Intrinsic

Valuation

Low	Real	High
562.00	696.24	698.01

Details

Millat Tractors Competition Correlation Matrix

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

	HBL	NBP	UBL	MCB	ABL	MEBL	BAHL	BAFL	AKBL	HMB
HBL		0.75	0.85	0.93	0.95	0.23	0.98	0.95	0.96	0.94	HBL
NBP	0.75		0.54	0.7	0.68	0.47	0.72	0.7	0.76	0.65	NBP
UBL	0.85	0.54		0.89	0.86	0.3	0.89	0.91	0.87	0.93	UBL
MCB	0.93	0.7	0.89		0.91	0.33	0.96	0.96	0.9	0.93	MCB
ABL	0.95	0.68	0.86	0.91		0.24	0.96	0.95	0.93	0.95	ABL
MEBL	0.23	0.47	0.3	0.33	0.24		0.29	0.26	0.18	0.22	MEBL
BAHL	0.98	0.72	0.89	0.96	0.96	0.29		0.98	0.95	0.97	BAHL
BAFL	0.95	0.7	0.91	0.96	0.95	0.26	0.98		0.96	0.96	BAFL
AKBL	0.96	0.76	0.87	0.9	0.93	0.18	0.95	0.96		0.94	AKBL
HMB	0.94	0.65	0.93	0.93	0.95	0.22	0.97	0.96	0.94		HMB
	HBL	NBP	UBL	MCB	ABL	MEBL	BAHL	BAFL	AKBL	HMB

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Risk-Adjusted Indicators

There is a big difference between Millat Stock performing well and Millat Tractors 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 Millat Tractors' 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
HBL	1.95	0.39	0.17	(10.81)	1.80	(2.39)	4.98	(4.04)	14.47
NBP	2.35	0.10	0.03	0.14	3.61	(2.30)	3.96	(6.75)	19.71
UBL	1.47	0.38	0.18	1.58	1.42	(1.58)	4.18	(2.65)	10.16
MCB	1.62	0.25	0.10	1.94	1.99	(1.79)	4.52	(4.05)	11.22
ABL	1.51	0.33	0.15	0.90	1.68	(1.70)	4.53	(3.25)	10.81
MEBL	1.46	(0.03)	0.00	(0.03)	0.00	0.00	4.24	(2.97)	19.53
BAHL	1.70	0.46	0.22	0.80	1.46	(1.83)	6.59	(3.43)	14.57
BAFL	2.00	0.50	0.21	1.16	2.02	(2.62)	5.94	(4.29)	15.57
AKBL	2.20	0.57	0.19	0.71	2.45	(2.52)	8.08	(4.23)	18.66
HMB	1.41	0.37	0.20	0.57	1.37	(1.69)	3.95	(2.17)	14.15

Unable to evaluate fundamental data of [HBL.KAR, NBP.KAR, UBL.KAR, MCB.KAR, ABL.KAR, MEBL.KAR, BAHL.KAR, BAFL.KAR, AKBL.KAR, HMB.KAR] at this time. Please try again later

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Millat Tractors Competitive Analysis

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

Better Than Average

Worse Than Peers

View Performance Chart

	MTL	HBL	NBP	UBL	MCB	ABL	MEBL	BAHL	BAFL	AKBL
	0.25 624.44 Millat	1.20 158.28 Habib	3.61 59.07 National	2.72 365.12 United	3.84 263.50 MCB	0.66 132.12 Allied	0.35 221.74 Meezan	0.71 128.02 Bank	1.83 81.01 Bank	3.97 36.32 Askari
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Good	Very Weak	Solid	Modest	Good	Very Weak	Good	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Over Valued	Over Valued	Under Valued	Fairly Valued	Under Valued	Over Valued	Under Valued	Over Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Sell	Strong Sell	Strong Buy	Cautious Hold	Strong Buy	Cautious Hold	Strong Buy	Strong Hold	Strong Buy
Z Score	2.0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	5.37 B	35.02 B	28.6 B	30.41 B	31.18 B	17.5 B	28.23 B	18.58 B	14.44 B	9.72 B
Cash Flow From Operations	30.42 M	52.46 B	471.21 B	327.93 B	117.69 B	259.37 B	235.26 B	85.07 B	268.75 B	192.2 B
Net Asset	24.18 B	4.32 T	3.86 T	2.78 T	2.12 T	2.01 T	1.91 T	1.85 T	1.74 T	1.26 T
EBITDA	10.14 B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Debt	69.26 M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Asset	24.18 B	4.32 T	3.86 T	2.78 T	2.12 T	2.01 T	1.91 T	1.85 T	1.74 T	1.26 T
Revenue	55.01 B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Day Typical Price	625.81	159.51	59.79	360.37	266.83	132.79	221.95	128.18	81.5	37.14
Accumulation Distribution	0.0268	41467.21	0.0534	136282.0	0.0437	0.0168	0.0271	0.0344	0.0301	0.0741
Market Facilitation Index	17.0	0.0	3.3	0.0	12.0	2.25	6.09	4.49	2.5	2.89
Daily Balance Of Power	0.09	(0.40)	(0.67)	0.483	(0.88)	(0.39)	0.1281	(0.20)	(0.60)	(0.52)
Period Momentum Indicator	1.53	(1.92)	(2.21)	9.66	(10.53)	(0.88)	0.78	(0.92)	(1.51)	(1.50)
Rate Of Daily Change	1.0	0.99	0.96	1.03	0.96	0.99	1.0	0.99	0.98	0.96
Day Median Price	626.5	160.13	60.15	358.0	268.5	133.13	222.06	128.26	81.75	37.55
Price Action Indicator	(1.29)	(2.81)	(2.18)	11.95	(10.26)	(1.44)	0.075	(0.69)	(1.49)	(1.98)
Relative Strength Index	48.94	57.28	40.32	56.71	48.84	49.33	39.05	49.84	50.45	49.8
Coefficient Of Variation	816.74	672.71	2310.44	503.1	865.95	619.87	(170,226)	524.94	544.93	536.32
Mean Deviation	1.32	1.95	2.35	1.47	1.62	1.51	1.46	1.7	2.0	2.2
Jensen Alpha	0.204	0.3871	0.1009	0.3783	0.2478	0.3271	(0.03)	0.4573	0.4975	0.5732
Total Risk Alpha	0.1297	0.2702	(0.01)	0.3	0.1536	0.2459	(0.12)	0.3667	0.389	0.4599
Sortino Ratio	0.1365	0.1733	0.0252	0.1849	0.1023	0.1529	N/A	0.2175	0.2073	0.1928
Downside Variance	1.59	4.11	15.23	3.63	4.53	3.99	N/A	4.15	5.32	8.68
Standard Deviation	1.77	2.66	3.31	2.0	2.27	2.17	2.44	2.56	2.85	3.29
Kurtosis	1.96	2.23	2.19	0.6001	0.6875	0.9158	6.94	3.04	1.89	2.1
Potential Upside	2.9	4.98	3.96	4.18	4.52	4.53	4.24	6.59	5.94	8.08
Treynor Ratio	2.85	(10.81)	0.1431	1.58	1.94	0.9017	(0.03)	0.8029	1.16	0.7133
Maximum Drawdown	9.26	14.47	19.71	10.16	11.22	10.81	19.53	14.57	15.57	18.66
Variance	3.13	7.09	10.95	3.98	5.16	4.71	5.97	6.56	8.12	10.79
Market Risk Adjusted Performance	2.86	(10.80)	0.1531	1.59	1.95	0.9117	(0.02)	0.8129	1.17	0.7233
Risk Adjusted Performance	0.1034	0.1259	0.0422	0.1649	0.0988	0.1353	0.0063	0.1592	0.1539	0.1566
Skewness	1.1	0.98	(0.65)	0.1749	0.2408	0.2817	(0.16)	1.2	0.5035	0.5055
Semi Deviation	1.11	1.8	3.61	1.42	1.99	1.68	N/A	1.46	2.02	2.45
Information Ratio	0.0971	0.1319	0.0298	0.1764	0.0958	0.1407	(0.02)	0.173	0.1678	0.1728
Value At Risk	(2.18)	(4.04)	(6.75)	(2.65)	(4.05)	(3.25)	(2.97)	(3.43)	(4.29)	(4.23)
Expected Short fall	(1.70)	(2.39)	(2.30)	(1.58)	(1.79)	(1.70)	N/A	(1.83)	(2.62)	(2.52)
Downside Deviation	1.26	2.03	3.9	1.9	2.13	2.0	N/A	2.04	2.31	2.95
Semi Variance	1.24	3.25	13.05	2.02	3.96	2.81	N/A	2.12	4.07	6.02

Millat Tractors Competition Performance Charts

Five steps to successful analysis of Millat Tractors Competition

Millat Tractors' 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 Millat Tractors in relation to its competition. Millat Tractors' competition analysis typically involves several steps, including:

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

In addition to having Millat Tractors 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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Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 constituents at this time.

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Additional Tools for Millat Stock Analysis

When running Millat Tractors' price analysis, check to measure Millat Tractors' 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 Millat Tractors is operating at the current time. Most of Millat Tractors' value examination focuses on studying past and present price action to predict the probability of Millat Tractors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millat Tractors' price. Additionally, you may evaluate how the addition of Millat Tractors to your portfolios can decrease your overall portfolio volatility.

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