Widgie Competitors

Pink Sheets . USA . 
Stock . Widgie Nickel Limited
WDGNF Stock  USD 0  0.00  0.00%   
Widgie Nickel Limited competes with Syrah Resources, and South Star; as well as few others. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Widgie Nickel 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 Widgie Nickel to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Widgie Nickel 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 Widgie Nickel competition on your existing holdings.
  
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Hype
Prediction
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0.00013.92
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Intrinsic
Valuation
LowRealHigh
0.00013.92
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
00.010.02
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Widgie Nickel Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Widgie Nickel and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Widgie 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 Widgie Nickel Limited does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
SYAAF
+ 0.79
VLTLF
VLTLF
+ 0.75
MGPHF
STSBF
+ 0.55
MGPHF
STSBF
+ 0.53
VLTLF
VULMF
+ 0.51
FCSMF
SYAAF
+ 0.47
MGPHF
  
High negative correlations   
SYAAF
- 0.68
NGPHF
TWRFF
- 0.57
MGPHF
NGPHF
- 0.56
VLTLF
TWRFF
- 0.55
VLTLF
STSBF
- 0.5
TWRFF
STSBF
- 0.44
NGPHF

Risk-Adjusted Indicators

There is a big difference between Widgie Pink Sheet performing well and Widgie Nickel 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 Widgie Nickel'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MGPHF  5.41  0.05  0.01  0.04  6.72 
(6.70)
 17.46 
(10.09)
 33.87 
RRRLF  8.19  1.01  0.06  1.70  9.16 
(16.03)
 25.47 
(16.81)
 73.13 
VLTLF  3.74 (0.63) 0.00 (0.99) 0.00 
 0.00 
 7.14 
(8.70)
 23.70 
NGPHF  9.40  1.71  0.15  1.29  9.76 
(11.08)
 18.33 
(21.54)
 63.08 
SYAAF  5.05 (0.17) 0.00  0.14  0.00 
 0.00 
 10.53 
(9.52)
 46.05 
FCSMF  6.17  0.21  0.01  4.46  7.36 
(17.20)
 20.00 
(16.67)
 36.67 
ALTAF  220.15  112.92  1.66 (2.97) 29.13 
(794.93)
 166.67 
(67.50)
 7,276 
VULMF  3.88 (0.09) 0.00 (0.01) 0.00 
 0.00 
 8.43 
(17.17)
 86.01 
TWRFF  3.89  0.76  0.09  2.47  4.49 
(6.31)
 11.11 
(11.50)
 29.66 
STSBF  2.98 (0.20) 0.00  0.18  0.00 
 0.00 
 10.81 
(11.11)
 40.00 
All Fundamental Data

Widgie Nickel Competitive Analysis

The better you understand Widgie Nickel competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Widgie Nickel'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 Widgie Nickel'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
WDGNF MGPHF RRRLF VLTLF NGPHF SYAAF FCSMF ALTAF VULMF TWRFF
 0.00 
 0 
Widgie
 17.46 
 0.05 
Mason
 19.61 
 0.01 
Rockridge
 5.00 
 0.21 
Volt
 15.45 
 0.09 
Northern
 27.27 
 0.14 
Syrah
 0.00 
 0.05 
Focus
 110.53 
 0.01 
Altura
 1.66 
 0.06 
Vulcan
 3.23 
 0.1 
Tower
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Unknown risk
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Market Performance
(90 Days Performance)
Very Weak
Very Weak
OK
Very Weak
OK
Very Weak
Weak
Good
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Quite High
Below Average
Above Average
Unknown
Below Average
Low
About Average
About Average
Quite High
Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over 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 Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
5.72
56.87
17.81
4.36
9.7
0.75
1.65
54.9
10.02
Net Asset
N/A
26.44 M
6.7 M
19.66 M
428.89 M
39.85 M
10.19 M
49.3 M
7.12 M
Profit Margin
N/A
N/A
N/A
-1.37
-0.6
N/A
-0.86
N/A
N/A
EBITDA
(1.86 M)
(3.97 M)
(1.2 M)
(3.63 M)
(36.89 M)
(5.2 M)
219.08 K
(2.72 M)
(372.57 K)
Current Valuation
N/A
11.54 M
2.19 M
56.56 M
1.06 B
13.08 M
61.69 M
23.51 M
13.62 M
Price To Book
N/A
0.88
0.54
1.54
2.52
0.65
34.58
1.04
2.55
Operating Margin
N/A
N/A
N/A
-0.79
-0.62
N/A
-7.43
0.2
N/A
Retained Earnings
N/A
(19.5 M)
N/A
(9.25 M)
(40 M)
(24.83 M)
(84 M)
N/A
N/A
Current Asset
N/A
21.59 M
N/A
691 K
331 M
1.58 M
24 M
N/A
N/A
Beta
N/A
1.96
1.58
0.88
2.21
3.26
0.66
1.96
1.02
Number Of Employees
2
20
11
16
25
12
11
7
11
Shares Outstanding
251.01 M
141.29 M
99.96 M
121.32 M
671.86 M
57.23 M
6.1 B
116.25 M
142 M
Cash Flow From Operations
(5.09 M)
(5.12 M)
(1.21 M)
(1.4 M)
(35.07 M)
(1.04 M)
(2.96 M)
(1.48 M)
(234.68 K)
Total Debt
N/A
N/A
N/A
15.15 M
69.85 M
60 K
3.35 M
28.54 K
N/A
Return On Equity
N/A
0.14
-0.2
-0.39
-0.11
-0.15
-0.0327
1.09
-0.0513
Z Score
N/A
N/A
N/A
1.8
7.8
N/A
-0.4
N/A
N/A
Return On Asset
-0.0163
-0.08
-0.0881
-0.0644
-0.0522
-0.0861
-0.42
-0.0123
-0.0518
Book Value Per Share
0.13
0.22
0.065
0.32
0.67
0.61
0.001
0.37
0.055
Current Liabilities
N/A
5.42 M
N/A
53 K
18 M
1.22 M
3 M
N/A
N/A
Total Asset
N/A
26.44 M
6.7 M
19.66 M
428.89 M
39.85 M
10.19 M
49.3 M
7.12 M
Debt To Equity
N/A
4.3
N/A
0.34
0.19
0.07
0.62
N/A
N/A
Shares Owned By Institutions
6.15
25.73
N/A
2.07
37.3
N/A
0.21
N/A
N/A
Market Capitalization
60.24 M
39.17 M
2.99 M
47.97 M
916.98 M
23.47 M
48.79 M
23.83 M
21.73 M
Price To Earning
N/A
26.67
N/A
-30.96
-48.97
-4.29
2.5
0.99
N/A
Price To Sales
N/A
N/A
N/A
5.58
15.08
N/A
135.79
0.68
N/A
Net Income
(2.04 M)
(6.1 M)
(1.15 M)
(3.23 M)
(56.87 M)
(4.81 M)
(681.03 K)
34.04 M
(78.21 K)
Earnings Per Share
N/A
0.01
-0.021
-0.05
-0.11
-0.011
0.009
0.21
N/A
Shares Owned By Insiders
13.34
10.0
5.73
3.3
7.27
7.66
36.54
26.69
14.77
Revenue
N/A
N/A
N/A
N/A
29.04 M
N/A
288.94 K
N/A
N/A
Working Capital
N/A
16.17 M
N/A
638 K
313 M
363 K
21 M
N/A
N/A
Cash And Equivalents
N/A
13.51 M
1.99 M
9.04 M
168.6 M
3.63 M
7.18 M
5.43 M
1.46 M
Cash Per Share
N/A
0.1
0.02
0.08
0.25
0.07
N/A
0.05
0.01
Gross Profit
(4.77 K)
(733.66 K)
N/A
(1.49 M)
(33.91 M)
N/A
292.05 K
(10 K)
N/A
Day Typical Price
0.0021
0.0471
0.0122
0.21
0.0977
0.14
0.05
0.012
0.055
0.099
Accumulation Distribution
N/A
N/A
N/A
0.0455
0.18
0.0714
N/A
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
0.01
0.02
0.01
N/A
N/A
N/A
N/A
Daily Balance Of Power
0.0
9.2 T
9.2 T
1.0
(0.85)
3.0
0.0
9.2 T
9.2 T
9.2 T
Period Momentum Indicator
N/A
0.007
0.002
0.01
(0.02)
0.03
N/A
0.0063
9.0E-4
0.0031
Rate Of Daily Change
1.0
1.17
1.2
1.05
0.85
1.27
1.0
2.11
1.02
1.03
Day Median Price
0.0021
0.0471
0.0122
0.22
0.1
0.14
0.05
0.012
0.055
0.099
Price Action Indicator
N/A
0.0035
0.001
N/A
(0.02)
0.02
N/A
0.0032
5.0E-4
0.0016
Coefficient Of Variation
(625.24)
8838.33
1280.12
(797.69)
730.9
(4,509)
4600.21
787.99
(33,897)
766.32
Mean Deviation
5.48
5.41
8.19
3.74
9.4
5.05
6.17
220.15
3.88
3.89
Jensen Alpha
(2.24)
0.0527
1.01
(0.63)
1.71
(0.17)
0.2083
112.92
(0.09)
0.7626
Total Risk Alpha
(2.39)
(0.04)
0.8169
(0.69)
1.53
(0.30)
0.0558
98.97
(0.22)
0.6759
Sortino Ratio
N/A
0.0088
0.0642
N/A
0.1479
N/A
0.0132
1.66
N/A
0.0851
Downside Variance
N/A
55.43
244.75
N/A
134.22
N/A
221.67
4597.03
N/A
78.54
Standard Deviation
13.6
7.77
13.14
4.87
12.69
7.71
10.07
886.17
11.4
5.95
Kurtosis
20.49
1.86
3.09
0.628
1.32
3.19
0.0796
65.6
12.95
1.22
Potential Upside
N/A
17.46
25.47
7.14
18.33
10.53
20.0
166.67
8.43
11.11
Treynor Ratio
(0.51)
0.0382
1.7
(0.99)
1.29
0.1407
4.46
(2.97)
(0.01)
2.47
Maximum Drawdown
104.0
33.87
73.13
23.7
63.08
46.05
36.67
7276.48
86.01
29.66
Variance
184.93
60.32
172.76
23.74
161.04
59.42
101.42
785298.62
130.02
35.4
Market Risk Adjusted Performance
(0.50)
0.0482
1.71
(0.98)
1.3
0.1507
4.47
(2.96)
(0)
2.48
Risk Adjusted Performance
(0.12)
0.0181
0.0728
(0.09)
0.1204
(0.01)
0.0268
0.1129
0.0069
0.1145
Skewness
(4.09)
0.3758
0.5338
0.3752
0.6088
0.4754
0.2954
8.09
1.76
0.0123
Semi Deviation
N/A
6.72
9.16
N/A
9.76
N/A
7.36
29.13
N/A
4.49
Information Ratio
(0.16)
0.0084
0.0764
(0.13)
0.1351
(0.03)
0.0195
0.1269
(0)
0.1267
Value At Risk
(16.67)
(10.09)
(16.81)
(8.70)
(21.54)
(9.52)
(16.67)
(67.50)
(17.17)
(11.50)
Expected Short fall
N/A
(6.70)
(16.03)
N/A
(11.08)
N/A
(17.20)
(794.93)
N/A
(6.31)
Downside Deviation
N/A
7.45
15.64
N/A
11.59
N/A
14.89
67.8
N/A
8.86
Semi Variance
N/A
45.13
83.9
N/A
95.34
N/A
54.15
848.44
N/A
20.16

Widgie Nickel Competition Performance Charts

Five steps to successful analysis of Widgie Nickel Competition

Widgie Nickel'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 Widgie Nickel Limited in relation to its competition. Widgie Nickel's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Widgie Nickel 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 Widgie Nickel's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Widgie Nickel Limited, 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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Other Information on Investing in Widgie Pink Sheet

Widgie Nickel financial ratios help investors to determine whether Widgie Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Widgie with respect to the benefits of owning Widgie Nickel security.
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