Neinor Competitors
| 0RNU Stock | 20.29 0.04 0.20% |
Neinor Homes vs Creo Medical Correlation
Weak diversification
The correlation between Neinor Homes SA and CREO is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Neinor Homes SA and CREO in the same portfolio, assuming nothing else is changed.
Moving against Neinor Stock
Neinor Homes Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Neinor Homes 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 Neinor 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 Neinor Homes SA does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Neinor Stock performing well and Neinor Homes 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 Neinor Homes' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 0LY1 | 1.62 | 0.39 | 0.26 | 0.58 | 1.13 | 4.52 | 7.69 | |||
| IPX | 1.54 | (0.24) | 0.00 | (0.64) | 0.00 | 3.30 | 13.65 | |||
| HANA | 0.73 | 0.09 | 0.06 | 0.21 | 0.79 | 1.49 | 8.77 | |||
| 0L9Y | 1.55 | 0.16 | 0.08 | 0.22 | 1.69 | 3.62 | 8.66 | |||
| ARR | 0.73 | 0.08 | 0.05 | 0.37 | 0.74 | 1.52 | 3.18 | |||
| 0NW1 | 1.69 | 0.18 | 0.08 | 0.47 | 1.88 | 4.78 | 10.12 | |||
| CREO | 1.66 | 0.46 | 0.15 | 1.22 | 1.40 | 4.73 | 10.39 |
Neinor Homes Competitive Analysis
The better you understand Neinor Homes competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Neinor Homes' 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 Neinor Homes' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Neinor Homes Competition Performance Charts
Five steps to successful analysis of Neinor Homes Competition
Neinor Homes' 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 Neinor Homes SA in relation to its competition. Neinor Homes' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Neinor Homes 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 Neinor Homes' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Neinor Homes SA, 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.
Complement your Neinor Homes position
In addition to having Neinor Homes 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.Did You Try This Idea?
Run Realty Funds Thematic Idea Now
Realty Funds
Funds or Etfs investing in real estate backed instruments or issues backed by different types of commercial properties. The Realty Funds theme has 38 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 Realty Funds Theme or any other thematic opportunities.
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Additional Tools for Neinor Stock Analysis
When running Neinor Homes' price analysis, check to measure Neinor Homes' 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 Neinor Homes is operating at the current time. Most of Neinor Homes' value examination focuses on studying past and present price action to predict the probability of Neinor Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neinor Homes' price. Additionally, you may evaluate how the addition of Neinor Homes to your portfolios can decrease your overall portfolio volatility.