Nasdaq 100 Competition

Indexes . USA . 
Index . Nasdaq 100
NDX Index   21,768  29.34  0.13%   
Nasdaq 100 competes with Mayfair Gold, Rivian Automotive, Modine Manufacturing, Mesa Air, and East Africa; as well as few others. Analyzing Nasdaq 100 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 Nasdaq 100 to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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 Nasdaq 100 competition on your existing holdings.
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Nasdaq 100 Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nasdaq 100 and its competitors represents the degree of relationship between the price movements of corresponding indexs. A correlation of about +1.0 implies that the price of Nasdaq 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 Nasdaq 100 does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
TSLA
+ 0.82
RIVN
LI
+ 0.55
MFGCF
EFRMF
+ 0.48
MESA
MESA
+ 0.43
RIVN
LI
+ 0.26
EFRMF
LI
+ 0.23
MESA
  
High negative correlations   
TSLA
- 0.72
MFGCF
RIVN
- 0.7
MFGCF
LI
- 0.65
TSLA
LI
- 0.46
RIVN
MESA
- 0.32
MFGCF
TSLA
- 0.31
EFRMF

Risk-Adjusted Indicators

There is a big difference between Nasdaq Index performing well and Nasdaq 100 Index 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 Nasdaq 100'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.
All Fundamental Data

Nasdaq 100 Competitive Analysis

The better you understand Nasdaq 100 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nasdaq 100'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 Nasdaq 100'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
NDX MFGCF RIVN CHMN MOD MESA EFRMF TSLA LI
 0.13 
 21,768 
Nasdaq
 0.81 
 1.23 
Mayfair
 0.14 
 14.04 
Rivian
 0.00 
 0.0002 
Chester
 1.62 
 120.50 
Modine
 16.67 
 1.33 
Mesa
 75.72 
 0.11 
East
 1.76 
 454.13 
Tesla
 3.60 
 25.32 
Li Auto
Market Volatility
(90 Days Market Risk)
Very steady
Very risky
Somewhat reliable
Very steady
Very steady
Dangerous
Out of control
Very steady
Not too volatile
Market Performance
(90 Days Performance)
OK
Very Weak
Modest
Very Weak
Very Weak
Very Weak
Very Weak
Solid
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Unknown
Quite High
About Average
Low
Very Low
Below Average
Low
Very Small
Very Small
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Buy
Not Available
Strong Buy
Strong Sell
Not Available
Buy
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Buy
Strong Sell
Current Ratio
3.19
6.84
N/A
1.58
0.4
1.36
1.46
3.25
Net Asset
27.37 M
16.78 B
N/A
1.85 B
898.47 M
24.72 M
106.62 B
143.47 B
Profit Margin
N/A
-1.21
N/A
0.0659
-0.2
N/A
0.13
0.0716
EBITDA
(12.81 M)
(4.27 B)
N/A
294.8 M
(18.58 M)
(3.03 M)
14.8 B
9.21 B
Current Valuation
89.33 M
13.87 B
N/A
6.55 B
395.55 M
16.73 M
1.46 T
13.41 B
Price To Book
6.65
2.43
N/A
7.25
0.35
0.85
21.22
2.55
Operating Margin
N/A
-1.34
N/A
0.12
-0.0104
N/A
0.11
0.0801
Retained Earnings
N/A
(18.56 B)
N/A
659 M
(71.12 M)
N/A
27.88 B
2.44 B
Current Asset
N/A
N/A
N/A
412.5 M
150.29 M
N/A
2.78 B
N/A
Five Year Return
N/A
N/A
N/A
2.57
N/A
N/A
N/A
N/A
Beta
N/A
2.05
-0.32
2.25
3.12
1.15
2.3
0.98
Number Of Employees
3
16.79 K
5
11 K
1.99 K
15
140.47 K
31.59 K
Shares Outstanding
90.95 M
1.01 B
N/A
52.5 M
41.31 M
204.28 M
3.21 B
883.1 M
Cash Flow From Operations
(12.56 M)
(4.87 B)
N/A
214.6 M
(24.09 M)
(3.53 M)
13.26 B
50.69 B
Total Debt
39.6 K
4.92 B
N/A
509 M
541.01 M
549.04 K
9.57 B
13.55 B
Return On Equity
-0.71
-0.67
N/A
0.21
-0.52
-0.1
0.2
0.17
Z Score
N/A
N/A
N/A
N/A
N/A
21.6
N/A
N/A
Return On Asset
-0.48
-0.23
N/A
0.0984
-0.0111
-0.0391
0.0476
0.0289
Book Value Per Share
0.22
5.78
N/A
16.36
3.27
0.08
21.81
66.73
Number Of Shares Shorted
N/A
142.36 M
N/A
3.6 M
228.27 K
N/A
80.77 M
29.85 M
Current Liabilities
N/A
N/A
N/A
273.6 M
243.77 M
N/A
2.81 B
N/A
Total Asset
27.37 M
16.78 B
N/A
1.85 B
898.47 M
24.72 M
106.62 B
143.47 B
Debt To Equity
0.001
0.11
N/A
0.99
1.59
0.028
0.14
0.25
Short Ratio
N/A
3.17
N/A
4.79
1.1
N/A
0.77
4.15
Target Price
N/A
15.03
N/A
147.35
2.0
N/A
283.88
29.9
Shares Owned By Institutions
3.48
45.83
N/A
98.41
11.82
N/A
47.9
9.5
Market Capitalization
103.92 M
14.35 B
N/A
6.23 B
47.1 M
20.2 M
1.48 T
25.86 B
Price To Earnings To Growth
N/A
0.13
N/A
0.75
-1.48
N/A
5.61
1.27
Price To Earning
N/A
N/A
N/A
9.24
1.46
-4.36
56.02
N/A
Price To Sales
N/A
3.15
N/A
2.51
0.099
N/A
15.27
0.18
Net Income
(10.28 M)
(5.43 B)
N/A
161.5 M
(120.12 M)
(3.13 M)
14.97 B
11.7 B
Earnings Per Share
-0.13
-5.6
N/A
3.04
-2.3
-0.01
3.65
1.32
Shares Owned By Insiders
25.02
26.6
N/A
1.59
21.57
23.18
12.91
N/A
Revenue
N/A
4.43 B
N/A
2.41 B
498.06 M
N/A
96.77 B
123.85 B
Working Capital
N/A
9.83 B
N/A
348.2 M
(129.32 M)
N/A
20.87 B
41.78 B
Cash And Equivalents
8.99 M
13.27 B
N/A
67.1 M
54.45 M
1.4 M
16.25 B
50.44 B
Cash Per Share
0.11
14.41
N/A
1.13
1.5
0.01
6.68
52.18
Gross Profit
N/A
(3.12 B)
N/A
309.3 M
115.04 M
N/A
20.85 B
8.79 B
Day Typical Price
21750.54
1.22
14.03
2.0E-4
119.4
1.26
0.0942
456.83
24.92
Accumulation Distribution
5.7 M
2.44
873146.0
N/A
13324.21
111053.0
1579.71
2.3 M
0.0478
Market Facilitation Index
N/A
3.0E-4
N/A
N/A
0.0
N/A
0.0
N/A
1.21
Daily Balance Of Power
(0.15)
(0.33)
(0.03)
0.0
0.4238
0.9048
1.0
(0.57)
0.7273
Period Momentum Indicator
(29.34)
(0.01)
(0.02)
N/A
1.92
0.19
0.0474
(8.15)
0.88
Rate Of Daily Change
1.0
0.99
1.0
1.0
1.02
1.17
1.76
0.98
1.04
Day Median Price
21741.66
1.21
14.02
2.0E-4
118.85
1.23
0.0863
458.17
24.72
Price Action Indicator
11.98
0.01
0.01
N/A
2.62
0.2
0.0474
(8.12)
1.05
Coefficient Of Variation
713.02
(1,391)
1300.06
N/A
(6,949)
5210.37
(646.09)
455.44
1807.45
Mean Deviation
0.7568
1.38
3.21
N/A
2.59
3.0
0.8256
3.33
3.06
Total Risk Alpha
0.0916
(0.27)
0.1463
N/A
(0.21)
(0.12)
(0.56)
0.8251
0.0404
Jensen Alpha
N/A
(0.16)
0.3057
N/A
(0.14)
0.0465
(0.46)
0.9637
0.2278
Sortino Ratio
0.083
N/A
0.068
N/A
N/A
0.0075
N/A
0.3024
0.0445
Downside Variance
1.52
N/A
21.34
N/A
N/A
28.48
N/A
10.86
18.26
Standard Deviation
1.05
2.24
4.67
N/A
3.4
4.41
2.75
4.74
4.24
Kurtosis
2.24
6.89
2.41
N/A
1.12
3.83
54.69
5.57
1.74
Potential Upside
1.54
3.29
6.75
N/A
5.12
6.19
N/A
8.19
6.78
Maximum Drawdown
6.34
15.39
28.0
N/A
18.64
23.34
21.43
30.2
25.08
Treynor Ratio
N/A
0.4138
0.2801
N/A
(0.02)
0.0919
(0.69)
0.5311
(2.58)
Variance
1.1
5.0
21.78
N/A
11.54
19.48
7.56
22.48
18.01
Market Risk Adjusted Performance
N/A
0.4238
0.2901
N/A
(0.01)
0.1019
(0.68)
0.5411
(2.57)
Risk Adjusted Performance
0.1145
(0.05)
0.0698
N/A
(0)
0.0235
(0.12)
0.1839
0.0524
Skewness
(0.89)
1.27
0.054
N/A
0.0697
(0.55)
(7.25)
1.51
(0.1)
Semi Deviation
1.01
N/A
4.16
N/A
N/A
4.47
N/A
2.79
4.04
Information Ratio
0.0976
(0.09)
0.0673
N/A
(0.03)
0.0091
(0.17)
0.2101
0.0448
Value At Risk
(1.59)
(4.09)
(6.95)
N/A
(5.59)
(6.38)
N/A
(5.77)
(7.07)
Expected Short fall
(0.77)
N/A
(3.45)
N/A
N/A
(3.28)
N/A
(4.17)
(3.19)
Downside Deviation
1.23
N/A
4.62
N/A
N/A
5.34
N/A
3.29
4.27
Semi Variance
1.03
N/A
17.31
N/A
N/A
20.02
N/A
7.78
16.36

Nasdaq 100 Competition Performance Charts

Five steps to successful analysis of Nasdaq 100 Competition

Nasdaq 100'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 Nasdaq 100 in relation to its competition. Nasdaq 100's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nasdaq 100 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 Nasdaq 100's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nasdaq 100, 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 Nasdaq 100 position

In addition to having Nasdaq 100 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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