Scope Competitors

Summary

SCPCF Stock

1.22 0.03 2.40%

Scope AI Corp competes with NL Industries, Origin Materials, FactSet Research, Hudson Technologies, and Codexis; as well as few others. Analyzing Scope AI 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 Scope AI to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as various price indices.

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 Scope AI 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 Scope AI'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.

Scope AI Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Scope AI and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Scope 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 Scope AI Corp does not affect the price movement of the other competitor.

	NL	ORGN	FDS	HDSN	CDXS	APD	ECL
NL		-0.41	0.55	-0.5	0.59	0.31	-0.17	NL
ORGN	-0.41		-0.78	0.9	-0.83	0.2	0.84	ORGN
FDS	0.55	-0.78		-0.85	0.83	0.13	-0.56	FDS
HDSN	-0.5	0.9	-0.85		-0.88	0.14	0.8	HDSN
CDXS	0.59	-0.83	0.83	-0.88		-0.09	-0.65	CDXS
APD	0.31	0.2	0.13	0.14	-0.09		0.41	APD
ECL	-0.17	0.84	-0.56	0.8	-0.65	0.41		ECL
	NL	ORGN	FDS	HDSN	CDXS	APD	ECL

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High positive correlations

HDSN	+ 0.9	ORGN
ECL	+ 0.84	ORGN
CDXS	+ 0.83	FDS
ECL	+ 0.8	HDSN
CDXS	+ 0.59	NL
FDS	+ 0.55	NL

High negative correlations

CDXS	- 0.88	HDSN
HDSN	- 0.85	FDS
CDXS	- 0.83	ORGN
FDS	- 0.78	ORGN
ECL	- 0.65	CDXS
ECL	- 0.56	FDS

Risk-Adjusted Indicators

There is a big difference between Scope OTC Stock performing well and Scope AI OTC Stock 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 Scope AI'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
NL	2.29	0.16	0.05	0.10	3.55	(2.17)	4.50	(6.26)	16.89
ORGN	2.42	(0.52)	0.00	(0.29)	0.00	0.00	4.20	(5.11)	26.65
FDS	0.84	0.09	0.07	0.17	0.98	(0.89)	1.58	(1.54)	5.61
HDSN	1.96	(0.56)	0.00	4.51	0.00	0.00	4.36	(3.72)	27.28
CDXS	3.04	0.82	0.22	0.43	2.94	(3.35)	9.28	(6.63)	23.04
APD	0.90	0.00	(0.01)	0.03	1.03	(1.00)	1.16	(1.52)	12.61
ECL	0.76	(0.12)	0.00	(0.19)	0.00	0.00	1.36	(1.11)	5.15

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All Fundamental Data

Scope AI Competitive Analysis

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

	SCPCF	NL	ORGN	FDS	HDSN	CDXS	APD	ECL
	2.40 1.22 Scope	0.75 7.98 NL Industries	0.95 1.04 Origin	1.03 486.56 FactSet	0.18 5.40 Hudson	0.40 4.99 Codexis	0.77 292.81 Air	0.67 237.76 Ecolab
Market Volatility (90 Days Market Risk)	Unknown risk	Slightly risky	Extremely Dangerous	Very steady	Moderately volatile	Relatively risky	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	Modest	Very Weak	OK	Very Weak	Solid	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Below Average	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Under Valued	Over Valued	Over Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Sell	Sell	Strong Buy	Strong Sell	Strong Hold	Hold	Strong Hold
Current Ratio		6.63 X	43.25 X	1.99 X	3.35 X	4.84 X	1.81 X	1.35 X
Net Asset		576.66 M	461.83 M	4.06 B	296.67 M	136.56 M	39.57 B	21.85 B
Profit Margin		0.39 %	(0.38) %	0.24 %	0.12 %	(0.96) %	0.32 %	0.13 %
EBITDA		(1.1 M)	26.82 M	831.16 M	83.95 M	(49.28 M)	6.49 B	3.03 B
Operating Margin		0.15 %	(2.60) %	0.23 %	0.11 %	(1.29) %	0.26 %	0.15 %
Current Valuation		244.34 M	48.46 M	19.68 B	192.89 M	357.67 M	77.14 B	74.37 B
Price To Book		1.01 X	0.42 X	9.28 X	0.96 X	5.53 X	3.82 X	7.88 X
Retained Earnings		284.46 M	45.57 M	1.89 B	110.23 M	(497.53 M)	19.55 B	10.08 B
Current Asset		124.76 M	N/A	369.28 M	69.47 M	32.84 M	4.32 B	1.02 B
Five Year Return		N/A	252.92 %	0.97 %	N/A	N/A	2.22 %	1.02 %
Beta		0.51	1.01	0.75	1.22	2.07	0.83	1.14
Number Of Employees		2.75 K	162	12.4 K	237	174	23 K	48 K
Shares Outstanding		48.85 M	146.25 M	37.99 M	45.2 M	81.38 M	222.38 M	283.16 M
Cash Flow From Operations		37 M	(60.35 M)	700.34 M	58.55 M	(52.64 M)	3.65 B	2.41 B
Annual Yield		0.04 %	N/A	0.01 %	N/A	N/A	0.02 %	0.01 %
Total Debt		500 K	9.76 M	1.57 B	6.68 M	16.02 M	14.8 B	8.73 B
Return On Equity		0.15	-0.033	0.3	0.13	-0.75	0.23	0.25
Return On Asset		0.0278	-0.0889	0.11	0.0776	-0.21	0.0497	0.0742
Number Of Shares Shorted		79.8 K	5.92 M	2.34 M	534.67 K	1.9 M	2.8 M	1.93 M
Book Value Per Share		7.90 X	2.99 X	50.39 X	5.62 X	0.90 X	76.53 X	23.46 X
Current Liabilities		24.01 M	N/A	158.21 M	30.96 M	14.84 M	3.28 B	853.83 M
Total Asset		576.66 M	461.83 M	4.06 B	296.67 M	136.56 M	39.57 B	21.85 B
Debt To Equity		0 %	0.04 %	1.67 %	0.66 %	0.29 %	0.61 %	1.26 %
Short Ratio		2.24 X	5.59 X	8.95 X	0.86 X	2.56 X	2.08 X	1.79 X
Target Price		6.0	2.5	473.99	7.31	7.17	349.04	275.96
Last Dividend Paid		0.31	N/A	N/A	N/A	N/A	7.06	2.28
Shares Owned By Institutions		12.21 %	17.69 %	96.30 %	74.40 %	79.78 %	91.45 %	90.80 %
Market Capitalization		389.8 M	152.1 M	18.48 B	244.07 M	406.08 M	65.11 B	67.32 B
Price To Earning		22.67 X	10.24 X	45.01 X	4.59 X	(16.02) X	30.75 X	38.00 X
Price To Earnings To Growth		(0.42) X	N/A	2.63 X	0.38 X	(1.16) X	10.69 X	2.39 X
Price To Sales		2.59 X	4.47 X	8.39 X	0.99 X	6.30 X	5.38 X	4.30 X
Net Income		(2.31 M)	23.8 M	537.13 M	52.25 M	(76.24 M)	3.86 B	1.37 B
Earnings Per Share		1.19 X	(0.57) X	13.96 X	0.65 X	(0.88) X	17.25 X	7.13 X
Shares Owned By Insiders		83.00 %	17.82 %	0.21 %	12.21 %	2.22 %	0.39 %	0.17 %
Revenue		161.29 M	28.8 M	2.2 B	289.02 M	70.14 M	12.1 B	15.32 B
Working Capital		187.81 M	174.25 M	168.78 M	146.44 M	57.64 M	2.18 B	1.3 B
Cash And Equivalents		68.87 M	406.14 M	425.44 M	20.68 M	90.11 M	1.62 B	598.6 M
Cash Per Share		3.10 X	2.95 X	14.37 X	0.46 X	1.38 X	15.05 X	0.40 X
Gross Profit		48.8 M	(3.68 K)	1.11 B	162.89 M	20.46 M	3.77 B	5.43 B
Day Typical Price	1.24	8.04	1.03	487.47	5.38	4.96	293.35	237.78
Accumulation Distribution	0.14	0.0683	0.0571	0.0206	0.0347	0.057	0.0149	0.0146
Market Facilitation Index	0.19	0.57	0.06	10.15	0.19	0.29	4.41	3.49
Daily Balance Of Power	(0.16)	(0.11)	(0.17)	(0.50)	(0.05)	0.069	(0.51)	(0.46)
Period Momentum Indicator	(0.03)	(0.06)	(0.01)	(5.05)	(0.01)	0.02	(2.27)	(1.60)
Rate Of Daily Change	0.98	0.99	0.99	0.99	1.0	1.0	0.99	0.99
Day Median Price	1.25	8.07	1.02	487.93	5.38	4.95	293.63	237.8
Price Action Indicator	(0.04)	(0.11)	0.015	(3.89)	0.02	0.055	(1.95)	(0.84)
Relative Strength Index	60.09	51.91	39.98	53.4	35.79	57.22	39.75	41.42
Coefficient Of Variation	1575.99	1421.31	(807.66)	964.94	(627.64)	489.07	8176.14	(1,024)
Mean Deviation	3.78	2.29	2.42	0.8394	1.96	3.04	0.9037	0.7553
Jensen Alpha	0.3082	0.1645	(0.52)	0.0921	(0.56)	0.8237	0.0025	(0.12)
Total Risk Alpha	0.1885	0.1239	(0.59)	0.0749	(0.66)	0.7487	(0.03)	(0.13)
Sortino Ratio	0.084	0.0486	N/A	0.074	N/A	0.2178	(0.01)	N/A
Downside Variance	14.65	15.19	N/A	1.29	N/A	15.09	1.15	N/A
Standard Deviation	5.57	3.15	3.84	1.12	3.48	4.3	1.57	0.9557
Kurtosis	3.4	1.1	6.11	1.44	23.14	1.7	21.58	1.69
Potential Upside	15.0	4.5	4.2	1.58	4.36	9.28	1.16	1.36
Treynor Ratio	0.2148	0.0997	(0.29)	0.1681	4.51	0.4321	0.0306	(0.19)
Maximum Drawdown	28.99	16.89	26.65	5.61	27.28	23.04	12.61	5.15
Variance	31.07	9.92	14.73	1.26	12.1	18.45	2.46	0.9133
Market Risk Adjusted Performance	0.2248	0.1097	(0.28)	0.1781	4.52	0.4421	0.0406	(0.18)
Risk Adjusted Performance	0.0592	0.0636	(0.09)	0.0855	(0.12)	0.1711	0.0147	(0.08)
Skewness	1.51	(0.58)	0.426	(0.01)	(3.67)	0.698	3.66	(0.70)
Semi Deviation	3.43	3.55	N/A	0.9803	N/A	2.94	1.03	N/A
Information Ratio	0.0577	0.0601	(0.13)	0.0749	(0.17)	0.197	(0.01)	(0.13)
Value At Risk	(4.72)	(6.26)	(5.11)	(1.54)	(3.72)	(6.63)	(1.52)	(1.11)
Expected Short fall	(6.02)	(2.17)	N/A	(0.89)	N/A	(3.35)	(1.00)	N/A
Downside Deviation	3.83	3.9	N/A	1.14	N/A	3.88	1.07	N/A
Semi Variance	11.79	12.63	N/A	0.961	N/A	8.64	1.06	N/A

Scope AI Competition Performance Charts

Five steps to successful analysis of Scope AI Competition

Scope AI'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 Scope AI Corp in relation to its competition. Scope AI's competition analysis typically involves several steps, including:

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