CBOE Crude Competition

Summary

OVX Index

30.35 0.14 0.46%

CBOE Crude Oil competes with SunOpta, Marfrig Global, Where Food, Chiba Bank, and Mill City; as well as few others. Analyzing CBOE Crude 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 CBOE Crude to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Your Equity Center 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 CBOE Crude competition on your existing holdings.

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CBOE Crude Competition Correlation Matrix

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

	STKL	MRRTY	WFCF	CHBAY	MCVT	GBCI	ACI	WU
STKL		0.79	0.65	-0.32	-0.56	0.79	0.81	-0.66	STKL
MRRTY	0.79		0.6	-0.27	-0.47	0.81	0.57	-0.57	MRRTY
WFCF	0.65	0.6		-0.37	-0.46	0.5	0.62	-0.5	WFCF
CHBAY	-0.32	-0.27	-0.37		0.43	-0.52	-0.32	0.53	CHBAY
MCVT	-0.56	-0.47	-0.46	0.43		-0.63	-0.5	0.59	MCVT
GBCI	0.79	0.81	0.5	-0.52	-0.63		0.67	-0.8	GBCI
ACI	0.81	0.57	0.62	-0.32	-0.5	0.67		-0.59	ACI
WU	-0.66	-0.57	-0.5	0.53	0.59	-0.8	-0.59		WU
	STKL	MRRTY	WFCF	CHBAY	MCVT	GBCI	ACI	WU

Click cells to compare fundamentals

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High positive correlations

ACI	+ 0.81	STKL
GBCI	+ 0.81	MRRTY
MRRTY	+ 0.79	STKL
GBCI	+ 0.79	STKL
ACI	+ 0.67	GBCI
WFCF	+ 0.65	STKL

High negative correlations

WU	- 0.8	GBCI
WU	- 0.66	STKL
GBCI	- 0.63	MCVT
WU	- 0.59	ACI
WU	- 0.57	MRRTY
MCVT	- 0.56	STKL

Risk-Adjusted Indicators

There is a big difference between CBOE Index performing well and CBOE Crude 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 CBOE Crude'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
STKL	1.95	0.25	0.09	0.80	2.24	(2.00)	3.82	(4.54)	17.12
MRRTY	2.63	0.12	0.04	0.13	3.28	(3.15)	6.31	(5.20)	20.37
WFCF	1.46	0.27	0.12	0.99	1.69	(1.62)	3.34	(2.99)	12.53
CHBAY	0.21	0.02	0.00	(0.24)	0.00	0.00	0.00	0.00	10.86
MCVT	2.55	(0.28)	0.00	0.76	0.00	0.00	5.29	(5.94)	14.06
GBCI	1.60	0.22	0.10	4.49	1.86	(1.69)	3.24	(3.32)	16.78
ACI	1.09	0.12	0.08	0.95	1.14	(1.26)	2.60	(2.02)	7.55
WU	0.96	(0.14)	0.00	(0.70)	0.00	0.00	1.88	(2.83)	7.57

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CBOE Crude Competitive Analysis

The better you understand CBOE Crude competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, CBOE Crude'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 CBOE Crude'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

	OVX	STKL	MRRTY	WFCF	CHBAY	MCVT	GBCI	ACI	WU
	0.46 30.35 CBOE	0.89 7.81 SunOpta	1.87 2.62 Marfrig	1.81 12.95 Where	0.00 37.68 Chiba	0.51 1.96 Mill	1.64 50.29 Glacier	0.45 19.92 Albertsons	0.09 10.68 Western
Market Volatility (90 Days Market Risk)	Not too volatile	Somewhat reliable	Very risky	Not too volatile	Very steady	Very risky	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	OK	Insignificant	Good	Very Weak	Very Weak	OK	OK	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Below Average	Low	Very Small	Above Average	Above Average	Very Small	Low	Very Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Over Valued	Under Valued	Over Valued	Over Valued	Over Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Strong Buy	Not Available	Strong Sell	Not Available	Strong Buy	Buy	Buy	Hold
Trade Advice (90 Days Macroaxis Advice)	Hold	Buy	Buy	Strong Buy	Strong Hold	Strong Hold	Buy	Buy	Strong Buy
Current Ratio		2.18	1.28	2.24	N/A	5.19	N/A	1.12	0.45
Net Asset		669.42 M	48 B	16.29 M	19.1 T	19.11 M	27.74 B	26.22 B	8.2 B
Profit Margin		-0.0274	0.0465	0.0842	0.24	0.0852	0.23	0.0125	0.16
EBITDA		38.22 M	9.91 B	3.33 M	98.28 B	(1.54 M)	304.75 M	4.54 B	817.5 M
Operating Margin		0.0525	0.0822	0.0912	0.35	0.55	0.35	0.0227	0.19
Current Valuation		1.33 B	8.89 B	68.22 M	(1.71 T)	7.28 M	8.62 B	25.41 B	3.26 B
Price To Book		5.66	0.75	7.23	0.56	0.63	1.76	3.8	5.53
Retained Earnings		(332.69 M)	(3.93 B)	9.74 M	549.23 B	(3.5 M)	1.04 B	828.2 M	(389.1 M)
Current Asset		597.05 M	10.22 B	5.85 M	1.88 T	N/A	N/A	312.91 M	1.4 B
Five Year Return		N/A	N/A	N/A	2.45	N/A	2.49	N/A	4.22
Beta		1.82	0.53	0.52	0.51	0.99	0.77	0.33	0.89
Number Of Employees		1.17 K	31.78 K	89	4.29 K	3	3.43 K	108.3 K	9 K
Shares Outstanding		116.92 M	653.44 M	5.28 M	144.92 M	6.39 M	113.4 M	579.35 M	337.8 M
Cash Flow From Operations		14.84 M	9.03 B	2.82 M	710.04 B	(1.14 M)	500.71 M	2.66 B	783.1 M
Annual Yield		N/A	0.24	N/A	0.0352	N/A	0.0262	0.0307	0.0878
Total Debt		379.14 M	23.68 B	2.8 M	1.78 T	9.28 K	2.95 B	14.24 B	2.67 B
Return On Equity		-0.04	0.32	0.21	0.0547	0.0145	0.0597	0.38	1.07
Z Score		N/A	1.0	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset		0.0306	0.0653	0.0984	0.0031	0.0401	0.0065	0.0505	0.0618
Number Of Shares Shorted		4.94 M	N/A	13.63 K	N/A	7.29 K	1.65 M	13.9 M	19.63 M
Book Value Per Share		1.38	10.36	1.97	7165.31	2.91	28.62	5.21	1.93
Current Liabilities		379.67 M	8.08 B	1.32 M	11.9 T	N/A	N/A	363.81 M	1.09 B
Total Asset		669.42 M	48 B	16.29 M	19.1 T	19.11 M	27.74 B	26.22 B	8.2 B
Debt To Equity		1.0	2.04	0.24	N/A	0.14	7.44	2.81	4.94
Short Ratio		6.01	N/A	2.55	N/A	0.36	7.78	4.82	4.48
Target Price		10.17	N/A	18.3	N/A	N/A	57.0	23.4	12.7
Last Dividend Paid		N/A	2.25	N/A	26.0	N/A	1.32	0.48	0.94
Shares Owned By Institutions		89.22	0.3	19.48	N/A	0.56	85.72	73.62	93.7
Market Capitalization		916.79 M	836.41 M	68.34 M	5.53 B	12.52 M	5.7 B	11.49 B	3.61 B
Price To Earning		12.59	2.19	64.18	9.33	5.68	17.81	18.84	6.92
Price To Earnings To Growth		31.17	N/A	N/A	N/A	N/A	2.1	5.86	2.17
Price To Sales		1.29	0.0087	2.66	0.0178	3.85	7.31	0.14	0.86
Net Income		(21.91 M)	4.34 B	2.15 M	54.5 B	(1.17 M)	222.93 M	1.3 B	626 M
Earnings Per Share		-0.07	1.64	0.36	2.58	0.05	1.62	1.71	1.96
Shares Owned By Insiders		3.91	N/A	49.3	N/A	64.2	0.4	14.93	0.3
Revenue		630.3 M	85.39 B	25.14 M	207.76 B	3.3 M	787.47 M	79.24 B	4.36 B
Working Capital		29.84 M	2.14 B	3.23 M	(10.02 T)	N/A	N/A	(1.17 B)	33.2 M
Cash And Equivalents		553 K	18.57 B	6.41 M	3.81 T	629.57 K	425.21 M	455.8 M	1.29 B
Cash Per Share		N/A	28.15	1.08	N/A	0.1	3.84	6.37	3.05
Gross Profit		128.55 M	17.2 B	10.47 M	213.48 B	4.2 M	884.97 M	21.76 B	1.85 B
Day Typical Price	30.31	7.76	2.58	12.95	37.68	1.97	50.41	19.81	10.7
Accumulation Distribution	0.0363	10978.08	645.04	N/A	N/A	34.3	9581.59	72597.96	65697.94
Market Facilitation Index	1.12	0.0	0.0	N/A	N/A	0.0	0.0	N/A	N/A
Daily Balance Of Power	0.125	(0.27)	(0.38)	9.2 T	0.0	(0.20)	(0.59)	0.2727	(0.05)
Period Momentum Indicator	0.14	(0.07)	(0.05)	0.23	N/A	(0.01)	(0.84)	0.09	(0.01)
Rate Of Daily Change	1.0	0.99	0.98	1.02	1.0	0.99	0.98	1.0	1.0
Day Median Price	30.29	7.74	2.56	12.95	37.68	1.98	50.47	19.76	10.71
Price Action Indicator	0.13	0.035	0.04	0.11	N/A	(0.02)	(0.61)	0.21	(0.03)
Coefficient Of Variation	11650.84	1045.75	2283.09	699.26	3161.11	(1,206)	992.19	1038.17	(1,099)
Mean Deviation	5.32	1.95	2.63	1.46	0.2075	2.55	1.6	1.09	0.9575
Total Risk Alpha	(0.15)	0.178	0.0475	0.217	(0.01)	(0.38)	0.1599	0.088	(0.17)
Jensen Alpha	N/A	0.2482	0.1217	0.2658	0.0224	(0.28)	0.2237	0.1248	(0.14)
Sortino Ratio	0.0043	0.0903	0.0353	0.1219	N/A	N/A	0.0965	0.0786	N/A
Downside Variance	46.69	6.66	12.7	4.2	N/A	N/A	4.41	1.81	N/A
Standard Deviation	7.14	2.77	3.6	1.97	0.964	3.33	2.33	1.43	1.34
Kurtosis	0.5368	3.97	1.4	1.96	32.64	(0.01)	6.69	0.9487	1.51
Potential Upside	13.5	3.82	6.31	3.34	N/A	5.29	3.24	2.6	1.88
Maximum Drawdown	35.38	17.12	20.37	12.53	10.86	14.06	16.78	7.55	7.57
Treynor Ratio	N/A	0.7999	0.1255	0.9909	(0.24)	0.7613	4.49	0.9473	(0.70)
Variance	51.05	7.69	12.99	3.89	0.9293	11.09	5.43	2.05	1.79
Market Risk Adjusted Performance	N/A	0.8099	0.1355	1.0	(0.23)	0.7713	4.5	0.9573	(0.69)
Risk Adjusted Performance	0.0157	0.0834	0.0427	0.12	0.0269	(0.06)	0.0869	0.0812	(0.07)
Skewness	0.2185	0.9362	(0.12)	0.137	1.6	(0.16)	1.32	0.5841	(0.10)
Semi Deviation	6.73	2.24	3.28	1.69	N/A	N/A	1.86	1.14	N/A
Information Ratio	0.0041	0.084	0.0349	0.1267	(0)	(0.09)	0.087	0.0738	(0.12)
Value At Risk	(12.27)	(4.54)	(5.20)	(2.99)	N/A	(5.94)	(3.32)	(2.02)	(2.83)
Expected Short fall	(5.72)	(2.00)	(3.15)	(1.62)	N/A	N/A	(1.69)	(1.26)	N/A
Downside Deviation	6.83	2.58	3.56	2.05	N/A	N/A	2.1	1.34	N/A
Semi Variance	45.26	5.03	10.77	2.86	N/A	N/A	3.48	1.29	N/A

CBOE Crude Competition Performance Charts

Five steps to successful analysis of CBOE Crude Competition

CBOE Crude'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 CBOE Crude Oil in relation to its competition. CBOE Crude's competition analysis typically involves several steps, including:

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

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