Andes Competitors

6533 Stock

407.50 13.50 3.43%

Andes Technology Corp competes with Taiwan Semiconductor, MediaTek, United Microelectronics, Novatek Microelectronics, and Silergy Corp; as well as few others. The company operates under Technology sector and is part of Semiconductors industry. Analyzing Andes Technology 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 Andes Technology to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Andes Technology 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 Andes Technology competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
405.21	407.50	409.79

Details

Intrinsic

Valuation

Low	Real	High
348.16	350.45	448.25

Details

Andes Technology Competition Correlation Matrix

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

	2330	2454	2303	3034	6415	6488	2379	6770	3443
2330		0.8	-0.52	-0.27	-0.1	-0.58	0.57	-0.53	0.8	2330
2454	0.8		-0.66	-0.4	-0.37	-0.83	0.79	-0.73	0.87	2454
2303	-0.52	-0.66		0.89	0.69	0.82	-0.66	0.97	-0.66	2303
3034	-0.27	-0.4	0.89		0.71	0.61	-0.54	0.84	-0.44	3034
6415	-0.1	-0.37	0.69	0.71		0.53	-0.67	0.73	-0.29	6415
6488	-0.58	-0.83	0.82	0.61	0.53		-0.72	0.86	-0.79	6488
2379	0.57	0.79	-0.66	-0.54	-0.67	-0.72		-0.74	0.69	2379
6770	-0.53	-0.73	0.97	0.84	0.73	0.86	-0.74		-0.69	6770
3443	0.8	0.87	-0.66	-0.44	-0.29	-0.79	0.69	-0.69		3443
	2330	2454	2303	3034	6415	6488	2379	6770	3443

Click cells to compare fundamentals

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High positive correlations

6770	+ 0.97	2303
3034	+ 0.89	2303
3443	+ 0.87	2454
6770	+ 0.86	6488
6770	+ 0.84	3034
6488	+ 0.82	2303

High negative correlations

6488	- 0.83	2454
3443	- 0.79	6488
6770	- 0.74	2379
6770	- 0.73	2454
2379	- 0.72	6488
3443	- 0.69	6770

Risk-Adjusted Indicators

There is a big difference between Andes Stock performing well and Andes Technology 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 Andes Technology'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
2330	1.35	0.17	0.07	(2.07)	1.45	(1.56)	2.97	(2.34)	8.10
2454	1.63	0.33	0.13	(3.29)	1.67	(2.13)	3.67	(2.34)	11.11
2303	1.03	(0.32)	0.00	(1.75)	0.00	0.00	2.56	(2.20)	5.31
3034	1.01	(0.08)	0.00	0.80	0.00	0.00	1.97	(2.49)	4.84
6415	2.28	(0.08)	0.00	(0.22)	0.00	0.00	5.67	(3.97)	16.15
6488	1.29	(0.28)	0.00	9.98	0.00	0.00	2.93	(2.98)	8.69
2379	1.20	0.16	0.07	(0.87)	1.48	(1.26)	2.37	(2.37)	6.53
6770	1.66	(0.32)	0.00	(1.16)	0.00	0.00	3.83	(3.22)	9.71
3443	2.47	0.39	0.14	2.14	2.15	(3.21)	6.00	(3.85)	14.31

Unable to evaluate fundamental data of [2330.TW, 2454.TW, 2303.TW, 3034.TW, 6415.TW, 6488.TWO, 2379.TW, 6770.TW, 3443.TW] at this time. Please try again later

All Fundamental Data

Andes Technology Competitive Analysis

The better you understand Andes Technology competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Andes Technology'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 Andes Technology'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

	6533	2330	2454	2303	3034	6415	6488	2379	6770	3443
	3.43 407.50 Andes	4.35 1,080 Taiwan	0.35 1,405 MediaTek	2.56 44.00 United	1.10 494.50 Novatek	0.49 413.00 Silergy	7.26 384.00 GlobalWafers	0.93 532.00 Realtek	5.35 16.75 Powerchip	2.58 1,320 Global
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady
Market Performance (90 Days Performance)	OK	Modest	OK	Very Weak	Very Weak	Very Weak	Very Weak	OK	Very Weak	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Under Valued	Over Valued	Over Valued	Over Valued	Over Valued	Under Valued	Over 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	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Sell	Strong Sell	Cautious Hold	Strong Sell	Cautious Hold	Strong Sell	Strong Sell	Cautious Hold	Strong Hold
Current Ratio	N/A	1.88	1.85	2.44	2.06	8.62	2.57	1.57	N/A	1.87
Net Asset	5.03 B	4.96 T	660.88 B	464.43 B	120.59 B	26.64 B	150.64 B	101.23 B	132.06 B	21.19 B
Profit Margin	0.58	0.45	0.22	0.31	0.25	0.26	0.17	0.16	0.32	0.15
EBITDA	326.58 M	753.4 B	137.21 B	110.75 B	49.24 B	6.88 B	22.65 B	19.98 B	26.15 B	5 B
Operating Margin	0.0164	0.5	0.23	0.37	0.3	0.29	0.35	0.16	0.38	0.17
Current Valuation	23.22 B	11.82 T	1.06 T	422.35 B	144.82 B	185.59 B	170.33 B	93.57 B	96.67 B	99.01 B
Price To Book	5.38	4.55	2.69	1.76	3.05	6.74	4.09	3.29	1.43	15.76
Retained Earnings	N/A	959.08 B	121.96 B	50.91 B	20.21 B	2.51 B	N/A	11.52 B	N/A	2.15 B
Current Asset	N/A	812.49 B	229.12 B	101.92 B	34.22 B	3.92 B	N/A	36.92 B	N/A	4.97 B
Five Year Return	N/A	3.07	4.7	3.89	6.09	0.67	N/A	4.68	N/A	2.57
Beta	2.18	1.26	1.2	1.32	1.12	1.57	1.94	1.13	0.95	1.42
Number Of Employees	9	67	52	20 K	30	21	28	29	10	29
Shares Outstanding	50.65 M	25.93 B	1.59 B	12.48 B	608.51 M	380.82 M	435.24 M	512.86 M	3.95 B	134.01 M
Cash Flow From Operations	311.3 M	1.61 T	47.09 B	90.35 B	41.72 B	6.43 B	29.3 B	18.35 B	24.19 B	1.59 B
Annual Yield	0.005	0.0202	0.0987	0.0591	0.14	0.0071	0.0273	0.0783	0.0433	0.0077
Total Debt	N/A	610.07 B	827.66 M	39.83 B	293.66 M	90.25 M	45.12 B	1 B	15.76 B	214.21 M
Return On Equity	0.11	0.4	0.27	0.29	0.42	0.25	0.24	0.46	0.36	0.56
Z Score	N/A	13.8	N/A	9.0	N/A	N/A	3.0	N/A	4.8	N/A
Return On Asset	0.0017	0.16	0.12	0.13	0.26	0.15	0.0983	0.0985	0.14	0.14
Book Value Per Share	101.17	113.61	277.57	27.14	100.74	78.99	115.09	90.92	23.38	60.17
Current Liabilities	N/A	235.89 B	134.15 B	41.63 B	10.2 B	3.87 B	N/A	23.45 B	N/A	2.02 B
Total Asset	5.03 B	4.96 T	660.88 B	464.43 B	120.59 B	26.64 B	150.64 B	101.23 B	132.06 B	21.19 B
Target Price	576.0	609.49	768.87	50.22	371.06	497.17	529.17	320.5	28.85	890.25
Last Dividend Paid	2.85	N/A	N/A	N/A	N/A	4.5	14.5	27.0	1.91	14.0
Debt To Equity	N/A	0.21	24.6	0.32	1.0	0.003	11.1	62.3	N/A	5.4
Shares Owned By Institutions	23.7	42.0	48.34	26.69	40.9	50.35	24.25	42.08	10.12	36.11
Market Capitalization	28.36 B	14.13 T	1.13 T	629.08 B	242.49 B	228.49 B	226.32 B	182.07 B	132.62 B	122.08 B
Price To Earning	N/A	28.3	26.38	19.08	13.01	13.76	9.23	23.21	N/A	37.12
Price To Earnings To Growth	N/A	0.82	0.84	1.43	2.12	0.49	N/A	1.22	N/A	N/A
Price To Sales	30.12	5.88	1.83	2.03	1.54	7.67	2.95	1.28	1.58	5.06
Net Income	161.66 M	1.02 T	111.42 B	55.78 B	38.87 B	5.73 B	11.87 B	16.85 B	16.09 B	3.71 B
Earnings Per Share	9.9	39.2	81.56	6.36	57.16	16.35	26.54	35.33	6.6	27.47
Shares Owned By Insiders	23.43	N/A	8.17	9.0	5.1	14.52	51.44	9.3	26.69	37.96
Revenue	819.78 M	2.26 T	493.41 B	213.01 B	135.37 B	21.51 B	61.13 B	105.5 B	65.62 B	24.04 B
Working Capital	N/A	576.6 B	94.96 B	60.29 B	24.02 B	46 M	N/A	13.46 B	N/A	2.94 B
Cash And Equivalents	N/A	870.84 B	215.52 B	149.97 B	20.45 B	15.95 B	39.89 B	38.4 B	N/A	2.45 B
Cash Per Share	N/A	33.58	136.43	12.09	33.6	41.95	91.65	75.57	N/A	18.26
Gross Profit	818.31 M	1.35 T	270.9 B	125.76 B	50.94 B	11.46 B	23.29 B	53.19 B	27.58 B	8.33 B
Day Typical Price	403.17	1085.0	1413.33	44.22	497.5	415.5	376.5	534.67	16.77	1336.67
Accumulation Distribution	45503.6	374834.0	57054.74	3.7 M	33520.34	53023.36	317683.0	21763.59	2.8 M	155164.0
Daily Balance Of Power	0.75	3.0	(0.20)	0.88	(0.55)	0.1739	1.106383	(0.42)	0.8095	(0.50)
Period Momentum Indicator	13.5	45.0	(5.00)	1.1	(5.50)	2.0	26.0	(5.00)	0.85	(35.00)
Rate Of Daily Change	1.03	1.04	1.0	1.03	0.99	1.0	1.07	0.99	1.05	0.97
Day Median Price	401.0	1087.5	1417.5	44.33	499.0	416.75	372.75	536.0	16.77	1345.0
Price Action Indicator	13.25	15.0	(15.00)	0.22	(7.25)	(2.75)	24.25	(6.50)	0.4	(42.50)
Coefficient Of Variation	896.32	1010.96	630.74	(439.31)	(1,762)	(5,266)	(690.17)	921.42	(695.85)	786.6
Mean Deviation	1.72	1.35	1.63	1.03	1.01	2.28	1.29	1.2	1.66	2.47
Jensen Alpha	0.2356	0.1655	0.3255	(0.32)	(0.08)	(0.08)	(0.28)	0.1621	(0.32)	0.3868
Total Risk Alpha	0.145	0.0869	0.2311	(0.37)	(0.14)	(0.20)	(0.36)	0.0895	(0.41)	0.2554
Sortino Ratio	0.0996	0.0728	0.1342	N/A	N/A	N/A	N/A	0.0719	N/A	0.1399
Downside Variance	4.4	3.1	4.59	N/A	N/A	N/A	N/A	2.84	N/A	6.56
Standard Deviation	2.28	1.75	2.09	1.32	1.3	3.08	1.86	1.53	2.12	3.17
Kurtosis	0.6157	0.5233	0.8081	0.1276	(0.31)	1.47	3.86	0.667	0.2737	0.4988
Potential Upside	4.16	2.97	3.67	2.56	1.97	5.67	2.93	2.37	3.83	6.0
Treynor Ratio	1.02	(2.07)	(3.29)	(1.75)	0.8006	(0.22)	9.98	(0.87)	(1.16)	2.14
Maximum Drawdown	11.64	8.1	11.11	5.31	4.84	16.15	8.69	6.53	9.71	14.31
Variance	5.18	3.05	4.39	1.75	1.68	9.5	3.46	2.34	4.51	10.06
Market Risk Adjusted Performance	1.03	(2.06)	(3.28)	(1.74)	0.8106	(0.21)	9.99	(0.86)	(1.15)	2.15
Risk Adjusted Performance	0.0957	0.0845	0.1329	(0.18)	(0.04)	(0.01)	(0.11)	0.0915	(0.11)	0.1091
Skewness	0.4798	0.2499	(0.21)	0.4534	(0.01)	0.9814	1.26	(0.39)	0.287	0.8225
Semi Deviation	1.74	1.45	1.67	N/A	N/A	N/A	N/A	1.48	N/A	2.15
Information Ratio	0.0919	0.0733	0.1372	(0.26)	(0.09)	(0.03)	(0.17)	0.0793	(0.16)	0.113
Value At Risk	(3.18)	(2.34)	(2.34)	(2.20)	(2.49)	(3.97)	(2.98)	(2.37)	(3.22)	(3.85)
Expected Short fall	(2.08)	(1.56)	(2.13)	N/A	N/A	N/A	N/A	(1.26)	N/A	(3.21)
Downside Deviation	2.1	1.76	2.14	N/A	N/A	N/A	N/A	1.69	N/A	2.56
Semi Variance	3.04	2.1	2.8	N/A	N/A	N/A	N/A	2.2	N/A	4.6

Andes Technology Competition Performance Charts

Five steps to successful analysis of Andes Technology Competition

Andes Technology'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 Andes Technology Corp in relation to its competition. Andes Technology's competition analysis typically involves several steps, including:

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

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Additional Tools for Andes Stock Analysis

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

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