James Competitors
JHX Stock | USD 31.68 0.22 0.70% |
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James Hardie Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between James Hardie 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 James 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 James Hardie Industries does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between James Stock performing well and James Hardie 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 James Hardie'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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
LOMA | 2.12 | 0.45 | 0.16 | 2.07 | 2.21 | 6.18 | 16.87 | |||
SUM | 1.32 | 0.33 | 0.24 | 0.33 | 0.96 | 4.18 | 9.88 | |||
USLM | 2.04 | 0.49 | 0.24 | 0.24 | 1.70 | 5.99 | 18.62 | |||
EXP | 1.17 | (0.27) | 0.00 | (0.18) | 0.00 | 1.91 | 9.71 | |||
CPAC | 1.15 | 0.11 | 0.05 | (0.44) | 1.42 | 2.97 | 8.44 | |||
VMC | 1.03 | 0.03 | 0.03 | 0.05 | 1.14 | 1.64 | 9.37 | |||
MLM | 1.03 | (0.06) | 0.00 | (0.04) | 0.00 | 1.73 | 8.83 | |||
CX | 1.66 | (0.18) | 0.00 | (0.17) | 0.00 | 3.40 | 14.50 | |||
CRH | 0.89 | (0.01) | (0.01) | 0.01 | 1.30 | 1.60 | 6.77 |
Cross Equities Net Income Analysis
Compare James Hardie Industries and related stocks such as Loma Negra Compania, Summit Materials, and United States Lime Net Income Over Time
Select Fundamental2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
LOMA | 224.2 M | 224.2 M | 224.2 M | 239.9 M | 239.9 M | 348.3 M | 491.2 M | 1.6 B | 1.8 B | 3.8 B | 33.4 B | 39.9 B | 6 B | 10.3 B | 9.8 B |
SUM | (10.7 M) | (10.7 M) | (52.5 M) | (106.8 M) | (8.8 M) | 27.7 M | 36.8 M | 121.8 M | 33.9 M | 59.1 M | 138 M | 152.2 M | 272.1 M | 285.9 M | 300.1 M |
USLM | (1000 K) | 22.2 M | 16.4 M | 14.8 M | 19.4 M | 12.9 M | 17.8 M | 27.1 M | 19.7 M | 26.1 M | 28.2 M | 37 M | 45.4 M | 74.5 M | 78.3 M |
EXP | 10.2 M | 18.7 M | 57.7 M | 124.2 M | 186.9 M | 152.6 M | 198.2 M | 256.6 M | 68.9 M | 70.9 M | 339.4 M | 374.2 M | 461.5 M | 477.6 M | 501.5 M |
CPAC | 147.8 M | 67.7 M | 159 M | 155.6 M | 192.8 M | 215.5 M | 116.2 M | 93.8 M | 76.7 M | 132 M | 57.9 M | 153.2 M | 176.8 M | 168.9 M | 114 M |
VMC | 71.3 M | (70.8 M) | (52.6 M) | 24.4 M | 204.9 M | 221.2 M | 419.5 M | 601.2 M | 515.8 M | 617.7 M | 584.5 M | 670.8 M | 575.6 M | 933.2 M | 979.9 M |
MLM | 53.7 M | 82.4 M | 84.5 M | 121.3 M | 155.6 M | 288.8 M | 425.4 M | 713.3 M | 470 M | 611.9 M | 721 M | 702.5 M | 866.8 M | 1.2 B | 1.2 B |
CX | 1 B | (1.4 B) | (925.5 M) | (831.6 M) | (460.4 M) | 69.5 M | 677.3 M | 775 M | 532.6 M | 91 M | (1.3 B) | 753 M | 561 M | 182 M | 359.4 M |
CRH | 97.6 M | 764.7 M | 730 M | (296 M) | 582 M | 639 M | 1.2 B | 1.6 B | 1.3 B | 1.5 B | 1.1 B | 2.6 B | 2.7 B | 3.2 B | 3.3 B |
James Hardie Industries and related stocks such as Loma Negra Compania, Summit Materials, and United States Lime Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in James Hardie Industries financial statement analysis. It represents the amount of money remaining after all of James Hardie Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.James Hardie Competitive Analysis
The better you understand James Hardie competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, James Hardie'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 James Hardie'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 |
James Hardie Competition Performance Charts
Five steps to successful analysis of James Hardie Competition
James Hardie'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 James Hardie Industries in relation to its competition. James Hardie's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of James Hardie 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 James Hardie's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to James Hardie Industries, 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 James Hardie position
In addition to having James Hardie 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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Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 103 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 Most Shorted Equities Theme or any other thematic opportunities.
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Additional Tools for James Stock Analysis
When running James Hardie's price analysis, check to measure James Hardie'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 James Hardie is operating at the current time. Most of James Hardie's value examination focuses on studying past and present price action to predict the probability of James Hardie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James Hardie's price. Additionally, you may evaluate how the addition of James Hardie to your portfolios can decrease your overall portfolio volatility.