Compare Packaging to Sealed, Sonoco, TriMas, Millennium, Eightco, Ranpak

Comparing Packaging to Sealed, Sonoco, TriMas, Millennium, Eightco, Ranpak can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.

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Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.

	PKG	SEE	SON	TRS	MGIH	OCTO	PACK
PKG		0.74	-0.42	0.76	-0.19	0.26	-0.25	PKG
SEE	0.74		-0.2	0.7	0.16	0.59	-0.35	SEE
SON	-0.42	-0.2		-0.17	0.46	0.09	-0.2	SON
TRS	0.76	0.7	-0.17		0.01	0.29	-0.35	TRS
MGIH	-0.19	0.16	0.46	0.01		0.35	-0.24	MGIH
OCTO	0.26	0.59	0.09	0.29	0.35		-0.27	OCTO
PACK	-0.25	-0.35	-0.2	-0.35	-0.24	-0.27		PACK
	PKG	SEE	SON	TRS	MGIH	OCTO	PACK

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High positive correlations

TRS	+ 0.76	PKG
SEE	+ 0.74	PKG
TRS	+ 0.7	SEE
OCTO	+ 0.59	SEE
MGIH	+ 0.46	SON
OCTO	+ 0.35	MGIH

High negative correlations

SON	- 0.42	PKG
PACK	- 0.35	TRS
PACK	- 0.35	SEE
PACK	- 0.27	OCTO
PACK	- 0.25	PKG
PACK	- 0.24	MGIH

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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
PKG	0.77	0.22	0.25	0.40	0.30	(0.94)	2.21	(1.15)	6.68
SEE	1.18	0.07	0.04	0.19	1.35	(1.25)	2.26	(2.32)	8.28
SON	0.85	(0.06)	0.00	(0.02)	0.00	0.00	1.92	(1.65)	5.13
TRS	1.33	0.00	0.01	0.10	1.90	(1.41)	2.20	(2.71)	13.50
MGIH	2.85	0.03	0.02	0.11	3.28	(3.95)	7.43	(6.94)	21.92
OCTO	6.40	0.80	0.10	2.79	6.39	(8.63)	17.27	(9.57)	64.79
PACK	1.66	(0.25)	0.00	(0.05)	0.00	0.00	3.55	(3.81)	12.32

Cross Equities Net Income Analysis

Compare Packaging Corp, Sealed Air, and Sonoco Products Net Income Over Time

Select Fundamental

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
PKG	449 M	158 M	163.8 M	441.3 M	392.6 M	436.8 M	449.6 M	668.6 M	738 M	696.4 M	461 M	841.1 M	1 B	765.2 M	803.5 M
SEE	2.9 B	149.1 M	(1.1 B)	124.2 M	258.1 M	335.4 M	486.4 M	814.9 M	193.1 M	263 M	502.9 M	506.8 M	491.6 M	341.6 M	248.7 M
SON	49.4 M	217.5 M	196 M	219.1 M	239.2 M	250.1 M	286.4 M	175.3 M	313.6 M	291.8 M	207.5 M	(93.6 M)	466.4 M	475 M	498.7 M
TRS	38 M	60.4 M	33.9 M	75.5 M	68.5 M	(33.4 M)	(39.8 M)	31 M	83.3 M	61.9 M	(79.8 M)	57.3 M	66.2 M	40.4 M	42.4 M
MGIH	4 M	4 M	4 M	4 M	4 M	4 M	4 M	4 M	4 M	4 M	3.7 M	4.1 M	(354.1 K)	(8.8 M)	(8.3 M)
OCTO	(40.4 K)	(40.4 K)	(40.4 K)	(40.4 K)	(40.4 K)	(40.4 K)	(40.4 K)	(40.4 K)	(40.4 K)	(40.4 K)	(403 K)	(1.2 M)	(47.3 M)	(68.3 M)	(64.9 M)
PACK	27.7 M	27.7 M	27.7 M	27.7 M	27.7 M	27.7 M	27.7 M	27.7 M	1.4 M	(36.7 M)	(23.4 M)	(2.8 M)	(41.4 M)	(27.1 M)	(25.7 M)

Packaging Corp, Sealed Air, and Sonoco Products Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in entities financial statement analysis. It represents the amount of money remaining after all of organizations operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	PKG	SEE	SON	TRS	MGIH	OCTO	PACK
	0.09 235.81 Packaging	0.65 35.86 Sealed	0.48 50.07 Sonoco	0.16 25.54 TriMas	2.52 1.63 Millennium	5.21 1.82 Eightco	0.30 6.63 Ranpak
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Dangerous	Extremely Dangerous	Somewhat reliable
Market Performance (90 Days Performance)	Solid	Modest	Very Weak	Insignificant	Weak	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Very Low	Low	Very Small	About Average	Very High	Below Average
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Under Valued	Under Valued	Over Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Buy	Buy	Buy	Not Available	Not Available	Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Hold	Strong Hold	Strong Hold	Sell	Sell	Cautious Hold
Current Ratio	3.07 X	1.34 X	1.36 X	2.63 X	N/A	N/A	3.20 X
Net Asset	8.68 B	7.2 B	7.19 B	1.34 B	43.64 M	55.41 M	1.12 B
Profit Margin	0.09 %	0.07 %	0.04 %	0.03 %	(0.23) %	(0.06) %	(0.06) %
EBITDA	1.59 B	1.06 B	1.04 B	135.36 M	(6.21 M)	(53.72 M)	55.4 M
Operating Margin	0.16 %	0.15 %	0.11 %	0.06 %	(0.44) %	(0.24) %	(0.04) %
Current Valuation	23.16 B	9.47 B	8.06 B	1.47 B	11.25 M	30.57 M	912 M
Price To Book	4.97 X	6.77 X	1.98 X	1.52 X	0.59 X	0.23 X	0.98 X
Retained Earnings	3.45 B	496.5 M	2.62 B	4.23 M	(498.45 K)	(113.28 M)	(123.8 M)
Current Asset	1.55 B	2.22 B	1.31 B	326.62 M	N/A	N/A	3.87 M
Five Year Return	2.82 %	1.51 %	2.99 %	N/A	N/A	N/A	N/A
Beta	0.78	1.35	0.68	0.66	N/A	1.8	2.38
Number Of Employees	14.9 K	17 K	21 K	3.4 K	498	22	800
Shares Outstanding	89.8 M	145.69 M	98.26 M	40.57 M	11.25 M	1.75 M	80.34 M
Cash Flow From Operations	1.32 B	516.2 M	882.92 M	88.16 M	(4.11 M)	(6.4 M)	52.6 M
Annual Yield	0.02 %	0.02 %	0.04 %	0.01 %	N/A	N/A	N/A
Total Debt	3.17 B	4.79 B	3.35 B	443.25 M	6.26 M	36.9 M	428.8 M
Return On Equity	0.19	0.67	0.12	0.0391	-0.25	-0.32	-0.035
Return On Asset	0.0821	0.0691	0.0498	0.0258	-0.0843	-0.0743	-0.0134
Number Of Shares Shorted	1.23 M	5.32 M	1.08 M	2.35 M	4.02 K	12.09 K	1.25 M
Book Value Per Share	47.81 X	5.29 X	25.23 X	16.83 X	2.76 X	(4.18) X	6.78 X
Current Liabilities	561.9 M	1.81 B	922.52 M	152.75 M	N/A	N/A	6.26 M
Total Asset	8.68 B	7.2 B	7.19 B	1.34 B	43.64 M	55.41 M	1.12 B
Debt To Equity	0.70 %	N/A	1.77 %	0.70 %	N/A	N/A	0.64 %
Short Ratio	2.34 X	5.08 X	1.92 X	6.63 X	0.15 X	0.09 X	6.02 X
Target Price	214.27	41.83	58.29	34.12	N/A	N/A	9.5
Last Dividend Paid	5.0	0.8	2.06	0.16	N/A	N/A	N/A
Shares Owned By Institutions	92.36 %	96.17 %	80.86 %	83.25 %	0.19 %	2.69 %	88.57 %
Market Capitalization	21.18 B	5.22 B	4.92 B	1.04 B	18.34 M	3.19 M	552 M
Price To Earning	26.14 X	16.24 X	31.13 X	18.76 X	N/A	N/A	298.48 X
Price To Earnings To Growth	3.03 X	1.01 X	1.19 X	1.63 X	N/A	N/A	N/A
Price To Sales	2.59 X	0.97 X	0.75 X	1.14 X	0.48 X	0.06 X	1.56 X
Net Income	765.2 M	341.6 M	474.96 M	40.36 M	(8.77 M)	(68.32 M)	(27.1 M)
Earnings Per Share	8.58 X	2.71 X	2.91 X	0.64 X	(0.78) X	42.35 X	(0.24) X
Shares Owned By Insiders	1.43 %	1.15 %	0.62 %	16.75 %	88.88 %	16.55 %	8.84 %
Revenue	7.8 B	5.49 B	6.78 B	893.55 M	38.53 M	75.3 M	336.3 M
Working Capital	1.99 B	454.3 M	885.09 M	237.93 M	25.36 M	(25.43 M)	76.9 M
Cash And Equivalents	320 M	456.1 M	227.44 M	80.34 M	N/A	N/A	62 M
Cash Per Share	8.05 X	1.94 X	1.79 X	1.91 X	N/A	N/A	0.76 X
Gross Profit	2.1 B	1.77 B	1.47 B	211.1 M	16.27 M	2.19 M	99.6 M
Day Typical Price	235.56	35.74	50.21	25.62	1.6	1.87	6.66
Accumulation Distribution	0.0077	0.0175	0.0125	0.0227	0.0671	0.1	0.0295
Market Facilitation Index	1.81	0.63	0.63	0.59	0.11	0.2	0.2
Daily Balance Of Power	0.116	0.3651	(0.38)	(0.07)	0.3636	(0.50)	0.1
Period Momentum Indicator	0.21	0.23	(0.24)	(0.04)	0.04	(0.10)	0.02
Rate Of Daily Change	1.0	1.01	1.0	1.0	1.03	0.95	1.0
Day Median Price	235.44	35.69	50.29	25.66	1.59	1.89	6.67
Price Action Indicator	0.48	0.29	(0.34)	(0.13)	0.065	(0.12)	(0.03)
Relative Strength Index	69.91	53.08	29.78	33.97	36.58	45.5	52.66
Coefficient Of Variation	386.4	911.74	(75,588)	1631.74	2051.38	1160.59	(3,042)
Mean Deviation	0.7695	1.18	0.8457	1.33	2.85	6.4	1.66
Jensen Alpha	0.2178	0.0739	(0.06)	0.0029	0.0252	0.8032	(0.25)
Total Risk Alpha	0.14	(0.04)	(0.15)	(0.14)	(0.32)	(0.42)	(0.37)
Sortino Ratio	0.2526	0.0385	N/A	0.0062	0.0232	0.1021	N/A
Downside Variance	0.5713	2.2	N/A	4.12	13.66	51.82	N/A
Standard Deviation	1.15	1.49	1.09	1.95	3.95	9.77	2.26
Kurtosis	6.64	0.6209	(0.09)	5.07	1.27	6.61	1.0
Potential Upside	2.21	2.26	1.92	2.2	7.43	17.27	3.55
Treynor Ratio	0.3981	0.1863	(0.02)	0.0995	0.1123	2.79	(0.05)
Maximum Drawdown	6.68	8.28	5.13	13.5	21.92	64.79	12.32
Variance	1.32	2.23	1.18	3.8	15.58	95.51	5.11
Market Risk Adjusted Performance	0.4081	0.1963	(0.01)	0.1095	0.1223	2.8	(0.04)
Risk Adjusted Performance	0.1986	0.0877	0.0021	0.0523	0.0448	0.0742	(0.02)
Skewness	1.94	(0.01)	0.1832	(0.59)	0.155	1.65	0.0862
Semi Deviation	0.3023	1.35	N/A	1.9	3.28	6.39	N/A
Information Ratio	0.166	0.0382	(0.1)	0.0065	0.0217	0.0752	(0.08)
Value At Risk	(1.15)	(2.32)	(1.65)	(2.71)	(6.94)	(9.57)	(3.81)
Expected Short fall	(0.94)	(1.25)	N/A	(1.41)	(3.95)	(8.63)	N/A
Downside Deviation	0.7559	1.48	N/A	2.03	3.7	7.2	N/A
Semi Variance	0.0914	1.82	N/A	3.63	10.73	40.87	N/A

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.

Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Explore Investing Opportunities

You can quickly originate your optimal portfoio 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.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity