Commonwealth Competitors

Pink Sheets . USA . 
Stock . Commonwealth Bank of
CMWAY Stock  USD 95.81  1.25  1.32%   
Commonwealth Bank competes with Svenska Handelsbanken, ANZ Group, Westpac Banking, National Australia, and Agricultural Bank; as well as few others. The company classifies itself under Financial Services sector and is part of Banks—Diversified industry. Analyzing Commonwealth Bank 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 Commonwealth Bank to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Commonwealth Bank 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 Commonwealth Bank competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
93.4294.5695.70
Details
Intrinsic
Valuation
LowRealHigh
77.1078.24104.02
Details
Naive
Forecast
LowNextHigh
91.6792.8193.95
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
89.2093.8598.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Commonwealth Bank. Your research has to be compared to or analyzed against Commonwealth Bank's peers to derive any actionable benefits. When done correctly, Commonwealth Bank'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 Commonwealth Bank.

Commonwealth Bank Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Commonwealth Bank 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 Commonwealth 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 Commonwealth Bank does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
WFC-PY
+ 0.97
BML-PJ
BML-PL
+ 0.95
BML-PJ
BML-PL
+ 0.92
WFC-PY
WEBNF
+ 0.91
ANZGY
BML-PJ
+ 0.88
BML-PG
BML-PL
+ 0.88
BML-PG
  
High negative correlations   
IDCBF
- 0.3
NAUBF
IDCBF
- 0.08
SVNLY

Risk-Adjusted Indicators

There is a big difference between Commonwealth Pink Sheet performing well and Commonwealth Bank 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 Commonwealth Bank'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
SVNLY  0.93  0.17  0.04  12.00  1.05 
(1.04)
 1.71 
(2.10)
 10.12 
ANZGY  0.92  0.19  0.03 (0.65) 1.05 
(1.05)
 2.43 
(1.38)
 5.63 
WEBNF  1.72  0.12  0.00  0.98  2.53 
(1.92)
 3.80 
(4.49)
 15.18 
NAUBF  0.98 (0.09) 0.00 (0.08) 0.00 
 0.00 
 2.82 
 0.00 
 24.70 
ACGBF  1.11  0.30  0.00 (0.30) 0.00 
 0.00 
 2.22 
(2.17)
 17.02 
IDCBF  1.62  0.17  0.02  0.34  2.14 
(6.23)
 8.47 
(5.00)
 25.22 
BML-PG  0.37  0.08 (0.10)(0.68) 0.40 
(0.41)
 0.80 
(0.92)
 2.29 
BML-PJ  0.36  0.10 (0.03) 2.48  0.22 
(0.40)
 0.84 
(0.71)
 2.24 
WFC-PY  0.29  0.07 (0.12) 0.86  0.06 
(0.37)
 0.65 
(0.40)
 1.97 
BML-PL  0.43  0.17  0.11  1.66  0.00 
(0.50)
 0.96 
(0.75)
 2.91 
All Fundamental Data

Commonwealth Bank Competitive Analysis

The better you understand Commonwealth Bank competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Commonwealth Bank'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 Commonwealth Bank'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
CMWAY SVNLY ANZGY WEBNF NAUBF ACGBF IDCBF BML-PG BML-PJ WFC-PY
 1.32 
 95.81 
Commonwealth
 1.71 
 5.16 
Svenska
 0.20 
 20.44 
ANZ
 0.49 
 20.40 
Westpac
 0.00 
 25.40 
National
 7.27 
 0.51 
Agricultural
 5.08 
 0.62 
Industrial
 1.21 
 22.86 
Bank
 0.12 
 24.09 
Bank
 0.60 
 24.93 
Wells
Market Volatility
(90 Days Market Risk)
Very steady
Somewhat reliable
Very steady
Not too volatile
Not too volatile
Abnormally volatile
Abnormally volatile
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
OK
Good
OK
Insignificant
Good
Insignificant
OK
Solid
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
About Average
Below Average
Low
Below Average
Low
Below Average
Below Average
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Under Valued
Fairly 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 Buy
Strong Sell
Strong Sell
Hold
Strong Sell
Strong Sell
Sell
Buy
Hold
Net Asset
1.22 T
3.45 T
1.09 T
1.01 T
1.06 T
29.07 T
35.17 T
3.05 T
3.05 T
1.88 T
Profit Margin
0.42
0.43
0.36
0.3
0.37
0.44
0.48
0.3
0.3
0.18
EBITDA
20.79 B
32.71 B
N/A
N/A
N/A
N/A
N/A
40.61 B
40.61 B
38.93 B
Operating Margin
0.57
N/A
0.52
0.49
0.56
0.52
0.57
0.34
0.34
0.21
Current Valuation
230.44 B
23.48 B
N/A
165.73 B
157.92 B
469.47 B
(1 T)
(112.16 B)
N/A
(113.08 B)
Price To Book
2.52
1.07
N/A
1.15
1.63
0.3
0.36
N/A
N/A
N/A
Retained Earnings
24.57 B
115.02 B
N/A
24.38 B
N/A
782.15 B
921.05 B
N/A
N/A
N/A
Current Asset
121.1 B
471.55 B
N/A
79.49 B
N/A
4.28 T
4.89 T
N/A
N/A
N/A
Five Year Return
4.83
5.72
N/A
7.25
5.52
6.78
N/A
3.72
4.5
N/A
Beta
0.83
0.64
0.8
0.82
0.86
0.45
0.45
1.4
1.4
1.2
Number Of Employees
49.24 K
11.17 K
38.99 K
37.48 K
35.13 K
455.17 K
434.09 K
216.82 K
216.82 K
238.7 K
Shares Outstanding
1.69 B
3.96 B
3 B
3.5 B
3.14 B
30.74 B
86.79 B
9.81 B
9.81 B
4.71 B
Cash Flow From Operations
23.24 B
(38.3 B)
N/A
(18.1 B)
(47.31 B)
(1.47 T)
360.88 B
(7.19 B)
(7.19 B)
(11.53 B)
Annual Yield
0.0351
0.0556
0.0563
0.0517
0.0484
0.0881
0.0848
0.0639
0.0648
0.0583
Total Debt
296.94 B
180.11 B
N/A
146.87 B
240.49 B
3.12 T
2.08 T
275.98 B
275.98 B
174.87 B
Return On Equity
0.13
0.11
0.11
0.0799
0.12
0.1
0.11
0.1
0.1
0.0693
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.6
N/A
0.6
Return On Asset
0.0084
0.0062
0.0069
0.0058
0.0071
0.008
0.0097
0.0089
0.0089
0.0067
Book Value Per Share
42.85
4.09
22.07
20.15
18.76
7.27
9.19
30.61
30.61
41.96
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.79 K
7.17 K
128.29 K
Current Liabilities
713.46 B
1.84 T
N/A
631.78 B
N/A
16.04 T
20.39 T
N/A
N/A
N/A
Total Asset
1.22 T
3.45 T
1.09 T
1.01 T
1.06 T
29.07 T
35.17 T
3.05 T
3.05 T
1.88 T
Target Price
75.87
61.4
20.8
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
3.85
N/A
1.46
1.25
1.51
0.21
0.29
0.86
0.86
1.1
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.22
0.45
2.33
Shares Owned By Institutions
N/A
0.22
0.01
28.19
29.36
27.31
58.14
1.56
10.61
20.92
Market Capitalization
128.67 B
20.12 B
53.16 B
57.32 B
67.92 B
152.22 B
216.02 B
289.92 B
253.73 B
197.03 B
Price To Earning
20.78
10.19
N/A
17.06
33.38
3.19
3.68
10.76
8.42
68.06
Price To Earnings To Growth
N/A
5.73
N/A
1.22
N/A
0.46
0.57
N/A
N/A
N/A
Price To Sales
4.68
4.4
N/A
2.89
3.67
0.26
0.28
2.91
2.52
2.48
Net Income
10.77 B
21.47 B
N/A
5.69 B
6.89 B
241.18 B
348.34 B
27.53 B
27.53 B
13.18 B
Earnings Per Share
3.74
0.52
1.62
1.06
1.46
0.1
0.14
3.51
3.51
4.83
Shares Owned By Insiders
N/A
N/A
N/A
0.58
0.8
4.29
N/A
N/A
N/A
N/A
Revenue
23.92 B
49.2 B
19.66 B
20.34 B
18.53 B
719.51 B
939.89 B
94.95 B
94.95 B
73.78 B
Working Capital
(592.36 B)
(1.37 T)
N/A
(552.29 B)
N/A
(11.76 T)
(15.51 T)
N/A
N/A
N/A
Cash And Equivalents
222.14 B
48.2 B
N/A
144.42 B
120.45 B
2.8 T
3.2 T
815.05 B
585.19 B
427.1 B
Cash Per Share
130.68
12.4
N/A
41.31
37.5
8.0
8.99
94.22
61.55
103.35
Gross Profit
25.43 B
50.23 B
19.66 B
19.27 B
18.45 B
555.86 B
742.77 B
92.41 B
92.41 B
72.25 B
Day Typical Price
95.8
5.16
20.51
20.4
25.4
0.51
0.62
22.98
24.05
24.96
Accumulation Distribution
62.95
69.18
0.0102
N/A
N/A
N/A
N/A
212.87
69.2
413.99
Market Facilitation Index
0.0
0.0
0.21
N/A
N/A
N/A
N/A
0.0
0.0
0.0
Daily Balance Of Power
3.289474
(4.50)
0.1905
9.2 T
0.0
(9,223,372,036,855)
9.2 T
(0.76)
(0.12)
(1.07)
Period Momentum Indicator
1.25
(0.09)
0.04
0.1
N/A
(0.04)
0.03
(0.28)
(0.03)
(0.15)
Rate Of Daily Change
1.01
0.98
1.0
1.0
1.0
0.93
1.05
0.99
1.0
0.99
Day Median Price
95.79
5.16
20.55
20.4
25.4
0.51
0.62
23.05
24.03
24.97
Price Action Indicator
0.65
(0.04)
(0.09)
0.05
N/A
(0.02)
0.015
(0.33)
0.045
(0.11)
Coefficient Of Variation
696.88
769.47
775.11
1712.0
(11,899)
1408.46
1238.2
675.55
390.89
406.76
Mean Deviation
1.03
0.9344
0.9203
1.72
0.9817
1.11
1.62
0.3719
0.3563
0.2878
Jensen Alpha
0.2095
0.1745
0.1858
0.1223
(0.09)
0.2979
0.1707
0.077
0.1019
0.0681
Total Risk Alpha
(0.07)
(0.09)
(0.08)
(0.34)
(0.61)
(0.37)
(0.37)
(0.03)
0.0221
0.0119
Sortino Ratio
0.0466
0.0418
0.0252
0.0045
N/A
N/A
0.0214
(0.1)
(0.03)
(0.12)
Downside Variance
1.92
1.56
1.59
12.37
N/A
N/A
45.49
0.3638
0.2426
0.1335
Standard Deviation
1.38
1.43
1.29
2.57
3.1
3.11
3.45
0.5073
0.4584
0.3646
Kurtosis
1.75
12.87
2.71
1.66
13.05
16.38
6.75
0.7974
0.2614
1.65
Potential Upside
2.53
1.71
2.43
3.8
2.82
2.22
8.47
0.7958
0.8354
0.6491
Treynor Ratio
(1.12)
12.0
(0.65)
0.9802
(0.08)
(0.30)
0.3408
(0.68)
2.48
0.8592
Maximum Drawdown
5.77
10.12
5.63
15.18
24.7
17.02
25.22
2.29
2.24
1.97
Variance
1.92
2.06
1.65
6.6
9.62
9.67
11.88
0.2573
0.2101
0.133
Market Risk Adjusted Performance
(1.11)
12.01
(0.64)
0.9902
(0.07)
(0.29)
0.3508
(0.67)
2.49
0.8692
Risk Adjusted Performance
0.1011
0.0922
0.091
0.0464
0.0022
0.0553
0.062
0.0958
0.1664
0.156
Skewness
(0.21)
2.27
(0.28)
(0.34)
(1.29)
2.4
0.9678
(0.44)
(0.32)
(0.65)
Semi Deviation
1.12
1.05
1.05
2.53
N/A
N/A
2.14
0.4018
0.2221
0.0604
Information Ratio
0.0466
0.0364
0.0247
0.0062
(0.05)
0.0279
0.0419
(0.12)
(0.04)
(0.12)
Value At Risk
(1.73)
(2.10)
(1.38)
(4.49)
N/A
(2.17)
(5.00)
(0.92)
(0.71)
(0.40)
Expected Short fall
(1.07)
(1.04)
(1.05)
(1.92)
N/A
N/A
(6.23)
(0.41)
(0.40)
(0.37)
Downside Deviation
1.38
1.25
1.26
3.52
N/A
N/A
6.74
0.6031
0.4925
0.3654
Semi Variance
1.26
1.1
1.1
6.4
N/A
N/A
4.59
0.1615
0.0493
0.0036

Commonwealth Bank Competition Performance Charts

Five steps to successful analysis of Commonwealth Bank Competition

Commonwealth Bank'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 Commonwealth Bank in relation to its competition. Commonwealth Bank's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Commonwealth Bank 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 Commonwealth Bank's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Commonwealth Bank, 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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Additional Tools for Commonwealth Pink Sheet Analysis

When running Commonwealth Bank's price analysis, check to measure Commonwealth Bank'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 Commonwealth Bank is operating at the current time. Most of Commonwealth Bank's value examination focuses on studying past and present price action to predict the probability of Commonwealth Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commonwealth Bank's price. Additionally, you may evaluate how the addition of Commonwealth Bank to your portfolios can decrease your overall portfolio volatility.
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