Ichia Competitors

2402 Stock

TWD 41.40 0.80 1.97%

Ichia Technologies competes with Cheng Uei, Sunplus Technology, Merry Electronics, D Link, and Silitech Technology; as well as few others. The company operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. Analyzing Ichia Technologies 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 Ichia Technologies to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Ichia Technologies 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 Ichia Technologies competition on your existing holdings.

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
38.45	40.60	42.75

Details

Intrinsic

Valuation

Low	Real	High
39.61	41.76	43.91

Details

Ichia Technologies Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ichia Technologies 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 Ichia 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 Ichia Technologies does not affect the price movement of the other competitor.

	2392	2401	2439	2332	3311
2392		-0.39	-0.27	0.73	-0.48	2392
2401	-0.39		0.41	-0.39	0.7	2401
2439	-0.27	0.41		-0.52	0.25	2439
2332	0.73	-0.39	-0.52		-0.49	2332
3311	-0.48	0.7	0.25	-0.49		3311
	2392	2401	2439	2332	3311

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

High positive correlations

2332	+ 0.73	2392
3311	+ 0.7	2401
2439	+ 0.41	2401
3311	+ 0.25	2439

High negative correlations

2332	- 0.52	2439
3311	- 0.49	2332
3311	- 0.48	2392
2332	- 0.39	2401
2401	- 0.39	2392
2439	- 0.27	2392

Risk-Adjusted Indicators

There is a big difference between Ichia Stock performing well and Ichia Technologies 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 Ichia Technologies' 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
2392	2.34	0.04	0.04	0.14	2.46	(2.99)	6.76	(4.06)	17.27
2401	1.28	(0.23)	0.00	(0.53)	0.00	0.00	2.67	(2.62)	8.70
2439	1.66	(0.31)	0.00	(4.60)	0.00	0.00	3.29	(3.82)	11.31
2332	1.63	0.15	0.04	0.39	2.28	(1.76)	3.93	(2.34)	12.28
3311	0.70	(0.14)	0.00	(1.07)	0.00	0.00	1.35	(1.58)	6.53

Unable to evaluate fundamental data of [2392.TW, 2401.TW, 2439.TW, 2332.TW, 3311.TW] at this time. Please try again later

All Fundamental Data

Ichia Technologies Competitive Analysis

The better you understand Ichia Technologies competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ichia Technologies' 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 Ichia Technologies' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	2402	2392	2401	2439	2332	3311
	1.97 41.40 Ichia	2.05 79.60 Cheng	0.88 28.00 Sunplus	0.95 106.00 Merry	1.87 21.75 2332	1.25 36.50 Silitech
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady
Market Performance (90 Days Performance)	Very Weak	Modest	Very Weak	Very Weak	OK	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Cautious Hold	Hold	Strong Sell	Hold	Cautious Hold
Current Ratio	1.90 X	1.44 X	4.55 X	1.08 X	1.62 X	4.80 X
Net Asset	9.07 B	83.13 B	16.38 B	33.86 B	14.5 B	3.09 B
Profit Margin	0.04 %	0.02 %	0.1 %	0.04 %	0.01 %	0.05 %
EBITDA	681.36 M	6.06 B	2.48 B	2.39 B	693.99 M	176.57 M
Operating Margin	0.04 %	0.03 %	0.08 %	0.04 %	0.01 %	0.05 %
Current Valuation	5.23 B	39.67 B	9.99 B	17.63 B	6.09 B	709.87 M
Price To Book	0.94 X	0.75 X	1.70 X	1.47 X	0.99 X	0.88 X
Retained Earnings	1.02 B	9.32 B	2.45 B	2.48 B	2.38 B	1.99 B
Current Asset	6.42 B	33.39 B	8.36 B	6.28 B	12.76 B	5.11 B
Five Year Return	N/A	5.18 %	N/A	5.98 %	N/A	N/A
Beta	0.63	1.2	0.97	0.72	0.9	0.81
Number Of Employees	18	36	20	7.39 K	35	31
Shares Outstanding	297.54 M	20 M	588.44 M	218.05 M	599.84 M	68 M
Cash Flow From Operations	395.61 M	(3.55 B)	1.88 B	2.66 B	(1.67 B)	85.01 M
Annual Yield	0.03 %	0.04 %	0.08 %	0.05 %	0.02 %	0.01 %
Total Debt	544.93 M	17.75 B	384 M	4.31 B	1.13 B	63.56 M
Return On Equity	0.0468	0.0601	0.11	0.15	0.0408	0.0427
Z Score	6.0	1.6	23.4	3.4	5.8	22.8
Return On Asset	0.0168	0.0215	0.0263	0.0248	0.0087	0.0201
Book Value Per Share	20.25 X	50.75 X	15.96 X	55.18 X	14.71 X	37.88 X
Current Liabilities	3.86 B	29.77 B	2.71 B	2.58 B	8.85 B	1.13 B
Total Asset	9.07 B	83.13 B	16.38 B	33.86 B	14.5 B	3.09 B
Debt To Equity	30.00 %	76.50 %	6.60 %	0.81 %	12.10 %	0.03 %
Target Price	20.8	45.0	12.5	108.0	27.56	15.6
Last Dividend Paid	0.5	1.5	1.94	4.0	N/A	0.47
Shares Owned By Institutions	6.30 %	8.02 %	6.71 %	13.00 %	6.40 %	0.18 %
Market Capitalization	5.58 B	19.47 B	15.06 B	18.25 B	9.72 B	2.3 B
Price To Earning	20.72 X	9.12 X	67.75 X	16.21 X	(8.36) X	41.14 X
Price To Earnings To Growth	N/A	0.29 X	2.47 X	0.57 X	N/A	N/A
Price To Sales	0.79 X	0.20 X	1.88 X	0.48 X	0.53 X	1.11 X
Net Income	222.89 M	921.04 M	1.18 B	1.13 B	239.2 M	61.83 M
Earnings Per Share	0.92 X	2.96 X	1.23 X	6.79 X	0.38 X	1.55 X
Shares Owned By Insiders	21.58 %	34.41 %	23.45 %	14.48 %	25.00 %	51.21 %
Revenue	6.48 B	86.8 B	7.96 B	36.18 B	15.52 B	1.82 B
Working Capital	2.56 B	3.62 B	5.66 B	3.7 B	3.9 B	3.98 B
Cash And Equivalents	2.21 B	7.93 B	4.42 B	6.93 B	3.87 B	1.8 B
Cash Per Share	7.19 X	16.37 X	7.52 X	33.06 X	5.94 X	26.30 X
Gross Profit	803.93 M	9.58 B	4.16 B	4.38 B	4.19 B	286.06 M
Day Typical Price	41.08	79.0	27.85	105.33	21.6	36.25
Accumulation Distribution	63225.06	1.7 M	23172.55	27620.85	823912.0	879.78
Daily Balance Of Power	0.64	0.4706	(0.33)	0.3333	0.3478	0.6
Period Momentum Indicator	0.8	1.6	(0.25)	1.0	0.4	0.45
Rate Of Daily Change	1.02	1.02	0.99	1.01	1.02	1.01
Day Median Price	40.92	78.7	27.78	105.0	21.53	36.13
Price Action Indicator	0.88	1.7	0.1	1.5	0.42	0.6
Relative Strength Index	48.09	80.6	44.71	37.39	58.73	28.41
Coefficient Of Variation	(1,287)	1399.51	(972.89)	(750.25)	1023.71	(933.90)
Mean Deviation	1.59	2.34	1.28	1.66	1.63	0.7018
Jensen Alpha	(0.26)	0.042	(0.23)	(0.31)	0.1498	(0.14)
Total Risk Alpha	(0.49)	(0.28)	(0.45)	(0.62)	(0.13)	(0.30)
Sortino Ratio	N/A	0.0416	N/A	N/A	0.0373	N/A
Downside Variance	N/A	7.7	N/A	N/A	6.81	N/A
Standard Deviation	2.11	3.37	1.75	2.16	2.28	1.13
Kurtosis	0.1479	2.0	2.45	0.5377	2.91	6.33
Potential Upside	3.86	6.76	2.67	3.29	3.93	1.35
Treynor Ratio	(0.25)	0.1411	(0.53)	(4.60)	0.39	(1.07)
Maximum Drawdown	10.01	17.27	8.7	11.31	12.28	6.53
Variance	4.45	11.36	3.06	4.66	5.2	1.27
Market Risk Adjusted Performance	(0.24)	0.1511	(0.52)	(4.59)	0.4	(1.06)
Risk Adjusted Performance	(0.05)	0.0625	(0.07)	(0.1)	0.0815	(0.08)
Skewness	0.2478	0.8587	(0.31)	(0.33)	(0.53)	(1.25)
Semi Deviation	N/A	2.46	N/A	N/A	2.28	N/A
Information Ratio	(0.14)	0.0343	(0.17)	(0.19)	0.0427	(0.22)
Value At Risk	(3.37)	(4.06)	(2.62)	(3.82)	(2.34)	(1.58)
Expected Short fall	N/A	(2.99)	N/A	N/A	(1.76)	N/A
Downside Deviation	N/A	2.77	N/A	N/A	2.61	N/A
Semi Variance	N/A	6.07	N/A	N/A	5.22	N/A

Ichia Technologies Competition Performance Charts

Five steps to successful analysis of Ichia Technologies Competition

Ichia Technologies' 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 Ichia Technologies in relation to its competition. Ichia Technologies' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Ichia Technologies 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 Ichia Technologies' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ichia Technologies, 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 Ichia Technologies position

In addition to having Ichia Technologies 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?

Run Insurance Providers Thematic Idea Now

Insurance Providers

Companies providing all types of insurance and insurance services. The Insurance Providers theme has 41 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 Insurance Providers Theme or any other thematic opportunities.

View All Next

Launch

Additional Tools for Ichia Stock Analysis

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

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC