ASX Competitors

ASXFY Stock  USD 43.46  0.51  1.19%   
ASX Limited ADR competes with SP Global, Intercontinental, CME, Moodys, and Hong Kong; as well as few others. The company classifies itself under Financial Services sector and is part of Financial Data & Stock Exchanges industry. Analyzing ASX Limited 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 ASX Limited to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out ASX Limited 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 ASX Limited 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 ASX Limited'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.
Hype
Prediction
LowEstimatedHigh
42.1143.4644.81
Details
Intrinsic
Valuation
LowRealHigh
41.9643.3044.66
Details
Naive
Forecast
LowNextHigh
40.0041.3542.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
41.3443.4145.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ASX Limited. Your research has to be compared to or analyzed against ASX Limited's peers to derive any actionable benefits. When done correctly, ASX Limited's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ASX Limited ADR.

ASX Limited Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ASX Limited 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 ASX 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 ASX Limited ADR does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
LDNXFLNSTY
NDAQLNSTY
CMEICE
NDAQLDNXF
HKXCYHKXCF
MCOSPGI
  
High negative correlations   
ICESPGI
CMESPGI
MSCILDNXF
MSCILNSTY
LNSTYSPGI
LDNXFSPGI

Risk-Adjusted Indicators

There is a big difference between ASX Pink Sheet performing well and ASX Limited 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 ASX Limited'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
SPGI  0.73 (0.15) 0.00 (0.04) 0.00 
 1.06 
 7.00 
ICE  0.71  0.02  0.01  0.14  0.59 
 1.89 
 6.07 
CME  0.80  0.02 (0.06) 0.20  1.10 
 1.78 
 6.03 
MCO  0.91 (0.18)(0.05) 0.02  1.75 
 1.80 
 10.62 
HKXCF  1.76 (0.23) 0.00 (0.05) 0.00 
 4.96 
 13.57 
HKXCY  1.60 (0.32) 0.00 (0.11) 0.00 
 2.88 
 9.94 
LNSTY  0.69 (0.02)(0.10) 0.08  0.79 
 1.33 
 3.85 
LDNXF  0.97 (0.03)(0.08) 0.05  1.23 
 2.14 
 5.31 
MSCI  1.18 (0.13)(0.09) 0.00  1.31 
 2.22 
 11.78 
NDAQ  0.85  0.05  0.03  0.18  0.86 
 1.86 
 6.13 

ASX Limited Competitive Analysis

The better you understand ASX Limited competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ASX Limited'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 ASX Limited'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
ASXFYSPGIICECMEMCOHKXCFHKXCYLNSTYLDNXFMSCI
 1.19 
 43.46 
ASX
 0.62 
 425.45 
SPGI
 0.33 
 137.43 
Intercontinental
 0.14 
 215.29 
CME
 0.71 
 393.03 
Moodys
 0.80 
 29.60 
Hong
 1.36 
 29.08 
Hong
 0.78 
 30.43 
London
 0.20 
 120.37 
London
 0.62 
 560.45 
MSCI
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Current Ratio
Net Asset
Profit Margin
EBITDA
Operating Margin
Current Valuation
Price To Book
Retained Earnings
Current Asset
Five Year Return
Beta
Number Of Employees
Shares Outstanding
Cash Flow From Operations
Annual Yield
Total Debt
Return On Equity
Z Score
Return On Asset
Book Value Per Share
Number Of Shares Shorted
Current Liabilities
Total Asset
Debt To Equity
Last Dividend Paid
Short Ratio
Target Price
Shares Owned By Institutions
Market Capitalization
Price To Earning
Price To Earnings To Growth
Price To Sales
Net Income
Earnings Per Share
Shares Owned By Insiders
Revenue
Working Capital
Cash And Equivalents
Cash Per Share
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

ASX Limited Competition Performance Charts

Five steps to successful analysis of ASX Limited Competition

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

In addition to having ASX Limited 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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Exotic Funds
Exotic Funds Theme
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Exotic Funds Theme or any other thematic opportunities.
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Check out ASX Limited Correlation with its peers.
Note that the ASX Limited ADR information on this page should be used as a complementary analysis to other ASX Limited's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for ASX Pink Sheet analysis

When running ASX Limited's price analysis, check to measure ASX Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASX Limited is operating at the current time. Most of ASX Limited's value examination focuses on studying past and present price action to predict the probability of ASX Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASX Limited's price. Additionally, you may evaluate how the addition of ASX Limited to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ASX Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASX Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASX Limited'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.