Treace Competitors
| TMCI Stock | USD 7.95 0.01 0.13% |
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Treace |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Treace Medical'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.
Treace Medical Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Treace Medical 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 Treace 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 Treace Medical Concepts does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Treace Stock performing well and Treace Medical 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 Treace Medical'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RXST | 2.25 | (0.64) | 0.00 | (0.81) | 0.00 | 3.73 | 15.79 | |||
| AXGN | 2.55 | 0.36 | 0.15 | 0.41 | 2.39 | 5.32 | 21.80 | |||
| LUNG | 3.32 | 0.34 | 0.13 | (2.01) | 3.30 | 6.59 | 41.39 | |||
| OFIX | 1.23 | (0.09) | 0.00 | (0.22) | 0.00 | 2.18 | 6.60 | |||
| KIDS | 1.95 | 0.26 | 0.11 | 0.14 | 2.28 | 3.54 | 15.28 | |||
| ITGR | 1.09 | (0.15) | 0.00 | (0.28) | 0.00 | 1.68 | 8.30 | |||
| CNMD | 1.62 | (0.20) | 0.00 | (0.39) | 0.00 | 3.38 | 13.79 | |||
| ESTA | 3.77 | 0.02 | 0.00 | (0.09) | 0.00 | 7.49 | 33.87 | |||
| SGHT | 3.28 | (0.33) | 0.00 | (0.45) | 0.00 | 7.19 | 24.66 | |||
| FNA | 1.32 | 0.44 | 0.31 | 1.25 | 1.06 | 4.00 | 9.28 |
Cross Equities Net Income Analysis
Compare Treace Medical Concepts and related stocks such as Rxsight, Axogen Inc, and Pulmonx Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RXST | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 126.2 M | 27.6 M | (48.7 M) | (66.8 M) | (48.6 M) | (27.5 M) | (26.1 M) |
| AXGN | 500 K | (9.2 M) | (9.4 M) | (14.6 M) | (17.7 M) | (13.4 M) | (14.4 M) | (10.4 M) | (22.4 M) | (29.1 M) | (24.8 M) | (28.1 M) | (27.3 M) | (21.7 M) | (10 M) | (10.5 M) |
| LUNG | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.9 M) | (2.8 M) | (2.8 M) | (5.4 M) | (18.5 M) | (20.7 M) | (32.2 M) | (48.7 M) | (58.9 M) | (60.8 M) | (56.4 M) | (53.6 M) |
| OFIX | 5 M | (1.1 M) | 51.3 M | (28.5 M) | (8.5 M) | (2.8 M) | 3.1 M | 6.2 M | 13.8 M | (28.5 M) | 2.5 M | (38.4 M) | (19.7 M) | (151.4 M) | (123.9 M) | (117.7 M) |
| KIDS | (9.5 M) | (9.5 M) | (9.5 M) | (9.5 M) | (9.5 M) | (7.9 M) | (6.6 M) | (8.9 M) | (12 M) | (17.2 M) | (32.9 M) | (16.3 M) | 1.3 M | (21 M) | (37.8 M) | (35.9 M) |
| ITGR | (2.3 M) | 33.1 M | (4.8 M) | 36.3 M | 55.5 M | (7.6 M) | 6 M | 66.7 M | 168 M | 96.3 M | 77.3 M | 96.8 M | 66.4 M | 90.7 M | 119.9 M | 125.9 M |
| CNMD | 700 K | 752 K | 40.5 M | 35.9 M | 32.2 M | 30.5 M | 14.7 M | 55.5 M | 40.9 M | 28.6 M | 9.5 M | 62.5 M | (80.6 M) | 64.5 M | 132.4 M | 139 M |
| ESTA | (1.6 M) | (1.6 M) | (1.6 M) | (1.6 M) | (1.6 M) | (1.6 M) | (22.2 M) | (34.9 M) | (21.1 M) | (38.1 M) | (38.1 M) | (41.1 M) | (75.2 M) | (78.5 M) | (84.6 M) | (80.4 M) |
| SGHT | (14.3 M) | (14.3 M) | (14.3 M) | (14.3 M) | (14.3 M) | (14.3 M) | (14.3 M) | (14.3 M) | (14.3 M) | (25.9 M) | (34.7 M) | (63 M) | (86.2 M) | (55.5 M) | (51.5 M) | (54.1 M) |
| FNA | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 2.7 M | (13.7 M) | (67.3 M) | (47.8 M) | (54.6 M) | (51.9 M) |
| TCMD | 3.2 M | 3.2 M | 3.2 M | 3.2 M | 2.1 M | 1.4 M | 2.9 M | 5.9 M | 6.6 M | 11 M | (620 K) | (11.8 M) | (17.9 M) | 28.5 M | 17 M | 17.8 M |
| SRDX | 1.6 M | 10.2 M | 15.2 M | 12 M | 13.4 M | 10 M | 3.9 M | (4.5 M) | 7.6 M | 1.1 M | 4.2 M | (27.3 M) | (1.5 M) | (11.5 M) | (10.4 M) | (9.9 M) |
| LIVN | (5.1 M) | 36.1 M | 46.4 M | 54.9 M | 57.8 M | (29.6 M) | (62.8 M) | (25.1 M) | (189.4 M) | (155.5 M) | (343.3 M) | (135.7 M) | (86.2 M) | 17.5 M | 63.2 M | 66.4 M |
| IRMD | 966.1 K | 966.1 K | 966.1 K | 1.9 M | 2.1 M | 7.5 M | 7.2 M | 499.8 K | 6.3 M | 9.6 M | 1.4 M | 9.3 M | 12.8 M | 17.2 M | 19.2 M | 20.2 M |
| NPCE | (40.7 M) | (40.7 M) | (40.7 M) | (40.7 M) | (40.7 M) | (40.7 M) | (40.7 M) | (40.7 M) | (40.7 M) | (40.7 M) | (36 M) | (38.1 M) | (53.4 M) | (33 M) | (27.1 M) | (28.5 M) |
Treace Medical Concepts and related stocks such as Rxsight, Axogen Inc, and Pulmonx Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Treace Medical Concepts financial statement analysis. It represents the amount of money remaining after all of Treace Medical Concepts operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Treace Medical Competitive Analysis
The better you understand Treace Medical competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Treace Medical'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 Treace Medical'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 |
Treace Medical Competition Performance Charts
Five steps to successful analysis of Treace Medical Competition
Treace Medical'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 Treace Medical Concepts in relation to its competition. Treace Medical's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Treace Medical 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 Treace Medical's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Treace Medical Concepts, 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.
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Check out Treace Medical Correlation with its peers. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Treace Medical. If investors know Treace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Treace Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.90) | Revenue Per Share | Quarterly Revenue Growth 0.104 | Return On Assets | Return On Equity |
The market value of Treace Medical Concepts is measured differently than its book value, which is the value of Treace that is recorded on the company's balance sheet. Investors also form their own opinion of Treace Medical's value that differs from its market value or its book value, called intrinsic value, which is Treace Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Treace Medical's market value can be influenced by many factors that don't directly affect Treace Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Treace Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Treace Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Treace Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.