Kintavar Competitors
| KTR Stock | CAD 0.08 0.01 5.88% |
Kintavar Exploration vs Canstar Resources Correlation
Significant diversification
The correlation between Kintavar Exploration and ROX is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kintavar Exploration and ROX in the same portfolio, assuming nothing else is changed.
Moving against Kintavar Stock
Kintavar Exploration Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Kintavar Exploration 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 Kintavar 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 Kintavar Exploration does not affect the price movement of the other competitor.
| -0.1 | -0.39 | -0.23 | 0.21 | 0.4 | NTH | ||
| -0.1 | 0.41 | 0.23 | 0.68 | 0.64 | BTT | ||
| -0.39 | 0.41 | 0.37 | 0.15 | 0.06 | CPL | ||
| -0.23 | 0.23 | 0.37 | -0.02 | 0.01 | HAR | ||
| 0.21 | 0.68 | 0.15 | -0.02 | 0.72 | BVA | ||
| 0.4 | 0.64 | 0.06 | 0.01 | 0.72 | ROX | ||
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Kintavar Stock performing well and Kintavar Exploration 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 Kintavar Exploration'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NTH | 4.89 | 0.54 | 0.06 | (0.53) | 5.06 | 15.38 | 36.29 | |||
| BTT | 4.76 | 0.38 | 0.02 | (0.84) | 5.77 | 14.29 | 48.72 | |||
| CPL | 9.80 | 0.90 | 0.04 | (3.16) | 10.07 | 33.33 | 65.00 | |||
| HAR | 3.76 | (0.27) | 0.00 | 0.40 | 0.00 | 7.14 | 25.00 | |||
| BVA | 8.18 | 1.42 | 0.11 | 0.49 | 7.78 | 18.18 | 58.33 | |||
| ROX | 5.52 | 0.90 | 0.05 | (0.27) | 5.87 | 16.67 | 30.95 |
Kintavar Exploration Competitive Analysis
The better you understand Kintavar Exploration competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Kintavar Exploration'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 Kintavar Exploration'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 |
Kintavar Exploration Competition Performance Charts
Five steps to successful analysis of Kintavar Exploration Competition
Kintavar Exploration'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 Kintavar Exploration in relation to its competition. Kintavar Exploration's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Kintavar Exploration 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 Kintavar Exploration's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Kintavar Exploration, 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.
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Additional Tools for Kintavar Stock Analysis
When running Kintavar Exploration's price analysis, check to measure Kintavar Exploration'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 Kintavar Exploration is operating at the current time. Most of Kintavar Exploration's value examination focuses on studying past and present price action to predict the probability of Kintavar Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kintavar Exploration's price. Additionally, you may evaluate how the addition of Kintavar Exploration to your portfolios can decrease your overall portfolio volatility.