Broadcom Competitors

Stocks . Germany . 
Stock . Broadcom
1YD Stock  EUR 223.20  6.40  2.95%   
Broadcom competes with Clearside Biomedical, SBM OFFSHORE, Merit Medical, Diamyd Medical, and AVITA Medical; as well as few others. The company classifies itself under Technology sector and is part of Semiconductors industry. Analyzing Broadcom 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 Broadcom to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Broadcom Correlation with its peers.
For more detail on how to invest in Broadcom Stock please use our How to Invest in Broadcom guide.
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 Broadcom competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
212.43216.80221.17
Details
Intrinsic
Valuation
LowRealHigh
162.57166.94238.48
Details

Broadcom Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Broadcom 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 Broadcom 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 Broadcom does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
51KB
+ 0.94
MM3
7FZ
+ 0.73
DMN
3AM
+ 0.63
MM3
3AM
+ 0.57
51KB
S5H0
+ 0.55
3AM
MM3
+ 0.5
IHCB
  
High negative correlations   
DMN
- 0.64
IHCB
MM3
- 0.55
CLM
51KB
- 0.52
CLM
S5H0
- 0.43
DMN
7FZ
- 0.43
IHCB
3AM
- 0.37
DMN

Risk-Adjusted Indicators

There is a big difference between Broadcom Stock performing well and Broadcom 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 Broadcom'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.
All Fundamental Data

Broadcom Competitive Analysis

The better you understand Broadcom competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Broadcom'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 Broadcom'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
1YD CLM IHCB MM3 DMN 51KB 3AM S5H0 7FZ
 2.95 
 223.20 
Broadcom
 6.52 
 0.86 
Clearside
 0.30 
 16.72 
SBM
 1.65 
 92.50 
Merit
 1.49 
 1.36 
Diamyd
 4.67 
 2.24 
AVITA
 1.20 
 33.00 
Apollo
 0.49 
 2.04 
SIEM
 2.99 
 116.80 
INTER
Market Volatility
(90 Days Market Risk)
Very steady
Extremely Dangerous
Very steady
Very steady
Dangerous
Very risky
Very steady
Risky
Very steady
Market Performance
(90 Days Performance)
OK
Very Weak
Weak
Weak
OK
OK
Very Weak
Very Weak
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Above Average
Above Average
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Over 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
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Strong Sell
Cautious Hold
Cautious Hold
Hold
Cautious Hold
Hold
Strong Sell
Cautious Hold
Current Ratio
2.4
N/A
N/A
N/A
5.83
N/A
N/A
N/A
N/A
Net Asset
73.25 B
42.9 M
15.89 B
1.66 B
236.52 M
125.5 M
963.9 M
N/A
N/A
Profit Margin
0.35
N/A
N/A
N/A
N/A
N/A
N/A
0.17
0.0533
EBITDA
19.16 B
(449 K)
N/A
181.17 M
(98.88 M)
(25.81 M)
112.08 M
96.6 M
N/A
Operating Margin
0.43
N/A
N/A
N/A
N/A
N/A
N/A
0.16
N/A
Current Valuation
234.65 B
17.17 M
9.36 B
4.16 B
96.81 M
96.47 M
1.28 B
N/A
N/A
Price To Book
9.82
3.77
0.98
3.72
5.52
1.96
2.6
N/A
N/A
Five Year Return
2.74
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
1.12
N/A
N/A
N/A
1.91
N/A
N/A
1.03
0.96
Number Of Employees
20 K
N/A
N/A
N/A
20
N/A
15
N/A
3.97 K
Shares Outstanding
416.92 M
N/A
N/A
N/A
76.93 M
N/A
N/A
238.85 M
14.17 M
Cash Flow From Operations
16.74 B
(10.73 M)
N/A
114.29 M
(93.22 M)
(25.9 M)
70.33 M
N/A
N/A
Annual Yield
0.0313
N/A
0.0249
N/A
N/A
N/A
N/A
N/A
0.0031
Total Debt
39.08 B
N/A
6.84 B
186.76 M
N/A
N/A
203.39 M
N/A
N/A
Return On Equity
0.48
N/A
N/A
N/A
-0.42
N/A
N/A
0.13
0.24
Z Score
3.6
N/A
N/A
9.6
N/A
N/A
1.0
N/A
N/A
Return On Asset
0.12
N/A
N/A
N/A
-0.25
N/A
N/A
0.0254
0.0894
Book Value Per Share
54.33
N/A
N/A
N/A
0.086
N/A
N/A
1.5
160.88
Total Asset
73.25 B
42.9 M
15.89 B
1.66 B
236.52 M
125.5 M
963.9 M
N/A
N/A
Debt To Equity
1.66
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Target Price
554.3
N/A
N/A
N/A
19.0
N/A
N/A
N/A
N/A
Last Dividend Paid
16.9
N/A
0.25
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
83.9
N/A
N/A
N/A
0.26
N/A
N/A
20.8
28.96
Market Capitalization
234.75 B
4.14 M
2.25 B
3.17 B
99.6 M
279.41 M
197.6 M
377.13 M
1.43 B
Price To Earning
60.49
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Earnings To Growth
0.87
N/A
N/A
2.15
N/A
N/A
N/A
N/A
N/A
Price To Sales
6.37
2.67
0.63
3.61
2593.92
5.19
1.29
N/A
N/A
Net Income
11.49 B
376 K
N/A
74.52 M
(103.52 M)
(26.58 M)
49.05 M
N/A
N/A
Earnings Per Share
24.94
N/A
N/A
N/A
-0.11
N/A
N/A
0.03
11.51
Shares Owned By Insiders
2.26
N/A
N/A
N/A
35.22
N/A
N/A
74.24
35.31
Revenue
33.2 B
29.57 M
N/A
1.15 B
454 K
29.23 M
1.14 B
275.24 M
N/A
Cash And Equivalents
11.11 B
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Per Share
26.98
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
24.95 B
N/A
N/A
N/A
(3.95 M)
N/A
N/A
107.96 M
3.75 B
Day Typical Price
220.9
0.86
16.72
92.67
1.36
2.24
33.2
2.03
116.8
Accumulation Distribution
211.54
N/A
N/A
0.0054
N/A
N/A
0.0179
0.0098
N/A
Market Facilitation Index
0.0019
N/A
N/A
0.5
N/A
N/A
0.6
0.02
N/A
Daily Balance Of Power
0.6737
(9,223,372,036,855)
9.2 T
3.0
9.2 T
9.2 T
(0.67)
0.5
(9,223,372,036,855)
Period Momentum Indicator
6.4
(0.06)
0.05
1.5
0.02
0.1
(0.40)
0.01
(3.60)
Rate Of Daily Change
1.03
0.93
1.0
1.02
1.01
1.05
0.99
1.0
0.97
Day Median Price
219.75
0.86
16.72
92.75
1.36
2.24
33.3
2.03
116.8
Price Action Indicator
6.65
(0.03)
0.025
0.5
0.01
0.05
(0.50)
0.015
(1.80)
Coefficient Of Variation
702.63
(1,193)
7776.03
2888.56
1120.44
988.28
(1,538)
(998.64)
2706.9
Mean Deviation
2.52
2.3
1.1
1.15
3.11
2.76
0.8299
1.76
1.5
Jensen Alpha
0.5881
(0.33)
0.0
0.0437
0.3468
0.3325
(0.13)
(0.26)
0.0467
Total Risk Alpha
0.4801
(0.44)
(0.03)
(0)
0.2352
0.2425
(0.17)
(0.34)
0.0044
Sortino Ratio
0.2435
N/A
(0.01)
0.0161
0.1062
0.0878
N/A
N/A
0.0218
Downside Variance
5.75
N/A
1.66
1.88
9.75
13.43
N/A
N/A
2.72
Standard Deviation
4.33
3.78
1.45
1.6
4.09
3.51
1.71
2.51
1.87
Kurtosis
20.4
3.65
0.5633
2.87
2.77
0.5941
15.35
3.35
(0.38)
Potential Upside
6.18
7.77
2.22
2.31
6.19
5.36
2.69
3.4
3.36
Treynor Ratio
0.7515
(1.16)
0.0233
0.6551
1.04
0.6329
(0.30)
(1.95)
0.11
Maximum Drawdown
32.33
20.48
7.82
8.88
18.98
18.85
12.71
17.27
7.92
Variance
18.78
14.29
2.09
2.55
16.69
12.32
2.92
6.31
3.5
Market Risk Adjusted Performance
0.7615
(1.15)
0.0333
0.6651
1.05
0.6429
(0.29)
(1.94)
0.12
Risk Adjusted Performance
0.1209
(0.06)
0.0147
0.0325
0.0788
0.0879
(0.05)
(0.07)
0.035
Skewness
3.62
1.12
0.3244
1.13
1.38
0.1011
2.64
0.4404
0.3916
Semi Deviation
1.95
N/A
1.25
1.19
2.78
3.29
N/A
N/A
1.56
Information Ratio
0.1347
(0.09)
(0.01)
0.0138
0.0811
0.0917
(0.08)
(0.11)
0.0192
Value At Risk
(4.28)
(6.06)
(2.48)
(2.04)
(3.92)
(4.76)
(2.91)
(4.03)
(2.74)
Expected Short fall
(3.15)
N/A
(1.40)
(1.49)
(3.97)
(2.99)
N/A
N/A
(1.81)
Downside Deviation
2.4
N/A
1.29
1.37
3.12
3.67
N/A
N/A
1.65
Semi Variance
3.78
N/A
1.55
1.43
7.75
10.83
N/A
N/A
2.42

Broadcom Competition Performance Charts

Five steps to successful analysis of Broadcom Competition

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

Complement your Broadcom position

In addition to having Broadcom 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.

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Driverless Cars Theme
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Additional Information and Resources on Investing in Broadcom Stock

When determining whether Broadcom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadcom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadcom Stock:
How To Invest In Broadcom
Details
Is Broadcom Stock a good investment?
Details
What is Broadcom's Net Worth?
Details
Largest Semiconductors & Semiconductor Equipment Companies
View
Largest Information Technology Companies
View
Check out Broadcom Correlation with its peers.
For more detail on how to invest in Broadcom Stock please use our How to Invest in Broadcom guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Broadcom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadcom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadcom's 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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