Bigcommerce Competitors
BIGC Stock | USD 6.05 0.13 2.10% |
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Bigcommerce Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bigcommerce Holdings 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 Bigcommerce 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 Bigcommerce Holdings does not affect the price movement of the other competitor.
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Risk-Adjusted Indicators
There is a big difference between Bigcommerce Stock performing well and Bigcommerce Holdings 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 Bigcommerce Holdings' 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 | ||
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NCNO | 1.53 | 0.10 | 0.05 | 0.16 | 2.61 | 3.15 | 16.06 | |||
ZI | 2.03 | 0.05 | 0.03 | 0.13 | 3.81 | 4.38 | 25.30 | |||
GTLB | 2.20 | 0.31 | 0.18 | 0.27 | 1.87 | 5.93 | 26.58 | |||
MNDY | 1.88 | (0.11) | (0.01) | 0.03 | 3.43 | 3.50 | 21.57 | |||
DDOG | 1.48 | 0.05 | 0.02 | 0.16 | 1.77 | 2.64 | 8.50 | |||
U | 2.96 | (0.06) | 0.02 | 0.07 | 3.49 | 7.21 | 17.51 | |||
DOCU | 1.57 | 0.42 | 0.26 | 0.52 | 1.28 | 3.81 | 9.29 | |||
APPS | 5.01 | (1.65) | 0.00 | (0.57) | 0.00 | 10.25 | 62.66 | |||
TTD | 1.43 | 0.15 | 0.08 | 0.25 | 1.82 | 2.84 | 11.77 | |||
HUBS | 1.45 | 0.42 | 0.31 | 0.58 | 0.94 | 3.69 | 8.38 |
Bigcommerce Holdings Competitive Analysis
The better you understand Bigcommerce Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bigcommerce Holdings' 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 Bigcommerce Holdings' competition over several years is one of the best ways to analyze its investment potential.Better Than Average | Worse Than Peers | View Performance Chart |
Bigcommerce Holdings Competition Performance Charts
Five steps to successful analysis of Bigcommerce Holdings Competition
Bigcommerce Holdings' 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 Bigcommerce Holdings in relation to its competition. Bigcommerce Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Bigcommerce Holdings 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 Bigcommerce Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Bigcommerce Holdings, 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 Bigcommerce Holdings position
In addition to having Bigcommerce Holdings 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?
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Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Check out Bigcommerce Holdings Correlation with its peers. For information on how to trade Bigcommerce Stock refer to our How to Trade Bigcommerce Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Internet Services & Infrastructure 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 Bigcommerce Holdings. If investors know Bigcommerce 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 Bigcommerce Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bigcommerce Holdings is measured differently than its book value, which is the value of Bigcommerce that is recorded on the company's balance sheet. Investors also form their own opinion of Bigcommerce Holdings' value that differs from its market value or its book value, called intrinsic value, which is Bigcommerce Holdings' 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 Bigcommerce Holdings' market value can be influenced by many factors that don't directly affect Bigcommerce Holdings' 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 Bigcommerce Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bigcommerce Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bigcommerce Holdings' 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.