Compare China to Shenzhen, Bloomage, Jiangsu, Shanghai, Shandong, Southern

Comparing China to Shenzhen, Bloomage, Jiangsu, Shanghai, Shandong, Southern 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.

	601949	300942	688363	601928	605098	601019	601900
601949		0.84	0.53	-0.43	0.2	-0.64	0.87	601949
300942	0.84		0.67	-0.4	0.42	-0.59	0.86	300942
688363	0.53	0.67		-0.14	0.79	-0.33	0.73	688363
601928	-0.43	-0.4	-0.14		0.18	0.92	-0.24	601928
605098	0.2	0.42	0.79	0.18		0.03	0.52	605098
601019	-0.64	-0.59	-0.33	0.92	0.03		-0.48	601019
601900	0.87	0.86	0.73	-0.24	0.52	-0.48		601900
	601949	300942	688363	601928	605098	601019	601900

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

High positive correlations

601019	+ 0.92	601928
601900	+ 0.87	601949
601900	+ 0.86	300942
300942	+ 0.84	601949
605098	+ 0.79	688363
601900	+ 0.73	688363

High negative correlations

601019	- 0.64	601949
601019	- 0.59	300942
601900	- 0.48	601019
601928	- 0.43	601949
601928	- 0.4	300942
601019	- 0.33	688363

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
601949	2.62	0.69	0.14	(0.96)	3.47	(2.84)	7.37	(5.84)	20.05
300942	3.31	0.65	0.15	1.31	3.58	(3.79)	6.45	(5.43)	27.38
688363	2.93	0.41	0.09	2.44	3.35	(3.50)	9.45	(4.32)	34.68
601928	1.59	(0.03)	(0.04)	0.00	2.31	(1.60)	3.10	(3.23)	15.31
605098	2.10	0.14	0.02	0.51	2.87	(2.10)	5.64	(3.86)	19.77
601019	1.76	(0.10)	0.00	3.22	0.00	0.00	3.26	(3.31)	16.11
601900	2.60	0.47	0.10	(0.84)	3.17	(2.73)	6.43	(4.35)	17.72

Cross Equities Net Income Analysis

Compare China Publishing Media, Shenzhen Bioeasy Bio, and Bloomage Biotechnology Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
601949	581 M	581 M	581 M	581 M	581 M	581 M	581 M	530.7 M	601.5 M	702.8 M	741 M	779.9 M	650.5 M	967.1 M	763.7 M
300942	39.3 M	39.3 M	39.3 M	39.3 M	39.3 M	39.3 M	39.3 M	39.3 M	73.9 M	92.3 M	65.4 M	236.5 M	83 M	(184.9 M)	(175.7 M)
688363	269.4 M	269.4 M	269.4 M	269.4 M	269.4 M	269.4 M	269.4 M	222.3 M	423.9 M	585.6 M	645.8 M	782.3 M	970.9 M	592.6 M	617.8 M
601928	452.9 M	741.4 M	927.2 M	940 M	1.2 B	1.1 B	1.2 B	1.2 B	1.3 B	1.3 B	1.6 B	2.5 B	2.1 B	3 B	3.1 B
605098	1.7 M	1.7 M	1.7 M	10.4 M	23.5 M	22.6 M	66.2 M	99.5 M	113.2 M	117.9 M	106.7 M	170.8 M	110.9 M	219.4 M	230.4 M
601019	1 B	1 B	1 B	1 B	1 B	1 B	1 B	1.4 B	1.5 B	1.5 B	1.4 B	1.5 B	1.7 B	2.4 B	1.7 B
601900	377 M	377 M	377 M	377 M	377 M	377 M	422.3 M	611.4 M	655.3 M	733.1 M	760.4 M	808.3 M	943.4 M	1.3 B	806 M

China Publishing Media, Shenzhen Bioeasy Bio, and Bloomage Biotechnology 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

	601949	300942	688363	601928	605098	601019	601900
	0.95 8.37 China	3.66 9.75 Shenzhen	2.62 60.66 Bloomage	0.27 11.09 Jiangsu	1.81 35.84 Shanghai	1.82 11.35 Shandong	3.39 15.85 Southern
Market Volatility (90 Days Market Risk)	Slightly risky	Slightly risky	Very steady	Somewhat reliable	Not too volatile	Somewhat reliable	Somewhat reliable
Market Performance (90 Days Performance)	Good	Good	OK	Very Weak	OK	Very Weak	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Below Average	Low	Low	Very Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Hold	Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Net Asset	15.63 B	1.36 B	8.47 B	31.35 B	2.1 B	22.85 B	16.24 B
Profit Margin	0.14 %	(0.33) %	0.08 %	0.19 %	0.33 %	0.15 %	0.12 %
EBITDA	579.57 M	(16.9 M)	664.83 M	1.79 B	267.52 M	1.8 B	1.37 B
Operating Margin	0.21 %	0.02 %	0.06 %	0.03 %	0.30 %	0.12 %	0.16 %
Current Valuation	12.09 B	3.74 B	28.98 B	26.37 B	2.56 B	15.96 B	13.39 B
Price To Book	1.72 X	4.58 X	4.16 X	1.47 X	4.56 X	1.62 X	1.78 X
Retained Earnings	5.83 B	138.44 M	2.45 B	10.61 B	290.52 M	9.81 B	6.01 B
Beta	0.83	0.69	0.87	0.42	0.74	0.38	0.24
Number Of Employees	3.68 K	389	4.66 K	7.23 K	831	9.22 K	7.31 K
Shares Outstanding	1.9 B	400.87 M	481.68 M	2.54 B	119.25 M	2.09 B	895.88 M
Cash Flow From Operations	856.51 M	(37.25 M)	699.65 M	2.6 B	454.02 M	2.42 B	1.59 B
Annual Yield	N/A	N/A	N/A	N/A	0.04 %	N/A	N/A
Total Debt	5 M	507.61 M	153.13 M	6.72 M	1.13 B	79.78 M	7.48 B
Return On Equity	0.0894	-0.0919	0.062	0.13	0.28	0.13	0.15
Return On Asset	0.0187	-0.0157	0.0319	0.0291	0.0814	0.0447	0.0441
Book Value Per Share	4.88 X	2.13 X	14.67 X	7.54 X	7.89 X	7.01 X	9.07 X
Total Asset	15.63 B	1.36 B	8.47 B	31.35 B	2.1 B	22.85 B	16.24 B
Last Dividend Paid	0.15	N/A	0.38	0.5	2.0	N/A	0.54
Target Price	N/A	N/A	56.46	13.87	52.56	13.9	18.37
Shares Owned By Institutions	1.62 %	1.20 %	17.81 %	11.14 %	14.19 %	6.61 %	8.72 %
Market Capitalization	15.94 B	3.91 B	29.22 B	28.22 B	4.27 B	23.69 B	14.2 B
Price To Sales	2.57 X	15.82 X	5.10 X	2.08 X	5.52 X	1.99 X	1.51 X
Net Income	967.07 M	(184.91 M)	592.56 M	2.95 B	219.45 M	2.38 B	1.28 B
Earnings Per Share	0.46 X	(0.20) X	0.91 X	0.99 X	2.14 X	1.00 X	1.29 X
Shares Owned By Insiders	78.60 %	74.88 %	60.10 %	72.81 %	67.54 %	80.47 %	62.35 %
Revenue	6.3 B	254.11 M	6.08 B	13.65 B	672.24 M	12.15 B	9.37 B
Working Capital	5.31 B	600.74 M	1.9 B	1.6 B	726.45 M	6.23 B	1.55 B
Gross Profit	2 B	428.03 M	6.36 B	4.93 B	339.03 M	4.18 B	2.79 B
Day Typical Price	8.45	9.86	61.12	11.14	36.04	11.45	15.7
Accumulation Distribution	0.0313	0.0415	0.0363	0.0248	0.0184	0.0258	0.0614
Market Facilitation Index	0.27	0.42	2.27	0.28	0.67	0.3	0.99
Daily Balance Of Power	(0.30)	(0.88)	(0.72)	(0.11)	(0.99)	(0.70)	0.5253
Period Momentum Indicator	(0.08)	(0.37)	(1.63)	(0.03)	(0.66)	(0.21)	0.52
Rate Of Daily Change	0.99	0.96	0.97	1.0	0.98	0.98	1.03
Day Median Price	8.49	9.92	61.36	11.16	36.14	11.5	15.63
Price Action Indicator	(0.16)	(0.36)	(1.51)	(0.09)	(0.62)	(0.26)	0.48
Relative Strength Index	58.57	72.81	36.7	40.38	36.59	35.83	45.68
Coefficient Of Variation	580.13	668.91	1064.74	26499.1	1776.71	(2,696)	776.07
Mean Deviation	2.62	3.31	2.93	1.59	2.1	1.76	2.6
Jensen Alpha	0.6943	0.6513	0.4072	(0.03)	0.137	(0.10)	0.4654
Total Risk Alpha	0.1699	0.1097	(0.15)	(0.29)	(0.22)	(0.43)	0.0053
Sortino Ratio	0.136	0.1526	0.0895	(0.04)	0.0239	N/A	0.0968
Downside Variance	16.03	15.94	13.81	5.68	10.26	N/A	11.64
Standard Deviation	3.74	4.74	4.61	2.31	3.14	2.63	3.34
Kurtosis	1.98	4.64	6.0	3.94	3.25	5.29	0.8524
Potential Upside	7.37	6.45	9.45	3.1	5.64	3.26	6.43
Treynor Ratio	(0.96)	1.31	2.44	(0)	0.505	3.22	(0.84)
Maximum Drawdown	20.05	27.38	34.68	15.31	19.77	16.11	17.72
Variance	13.98	22.51	21.24	5.35	9.86	6.91	11.14
Market Risk Adjusted Performance	(0.95)	1.32	2.45	0.006	0.515	3.23	(0.83)
Risk Adjusted Performance	0.133	0.1169	0.0765	0.0096	0.0485	(0.02)	0.1013
Skewness	(0.12)	1.11	0.7517	0.0115	0.2385	0.1167	(0.28)
Semi Deviation	3.47	3.58	3.35	2.31	2.87	N/A	3.17
Information Ratio	0.1456	0.1284	0.0722	(0.04)	0.0244	(0.08)	0.0989
Value At Risk	(5.84)	(5.43)	(4.32)	(3.23)	(3.86)	(3.31)	(4.35)
Expected Short fall	(2.84)	(3.79)	(3.50)	(1.60)	(2.10)	N/A	(2.73)
Downside Deviation	4.0	3.99	3.72	2.38	3.2	N/A	3.41
Semi Variance	12.07	12.8	11.24	5.32	8.21	N/A	10.03

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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

	Momentum Invested over 40 shares	Go
	Power Assets Invested over 200 shares	Go
	Hedge Favorites Invested over 50 shares	Go
	Warren Buffett Holdings Invested few shares	Go
	Baby Boomer Prospects Invested over 40 shares	Go
	Adviser Favorites Invested few shares	Go
	Impulse Invested few shares	Go
	Macroaxis Index Invested few shares	Go
	Blockchain Invested few shares	Go
	Semiconductor Invested few shares	Go

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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