8342 Competitors

8342 Stock

TWD 88.30 0.20 0.23%

I Jang Industrial competes with Song Shang, GAME HOURS, Realtek Semiconductor, Elan Microelectronics, and Shan Loong; as well as few others. The company operates under Industrials sector and is part of Business Equipment & Supplies industry. Analyzing I Jang 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 I Jang to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out I Jang 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 I Jang competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
87.24	88.30	89.36

Details

Intrinsic

Valuation

Low	Real	High
86.67	87.72	88.79

Details

I Jang Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between I Jang 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 8342 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 I Jang Industrial does not affect the price movement of the other competitor.

	6156	6626	2379	2458	2616	3006	5302
6156		0.44	-0.46	-0.11	0.42	0.44	0.53	6156
6626	0.44		-0.62	-0.59	0.56	0.55	0.69	6626
2379	-0.46	-0.62		0.67	-0.67	-0.41	-0.6	2379
2458	-0.11	-0.59	0.67		-0.5	-0.38	-0.58	2458
2616	0.42	0.56	-0.67	-0.5		0.67	0.77	2616
3006	0.44	0.55	-0.41	-0.38	0.67		0.9	3006
5302	0.53	0.69	-0.6	-0.58	0.77	0.9		5302
	6156	6626	2379	2458	2616	3006	5302

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

High positive correlations

5302	+ 0.9	3006
5302	+ 0.77	2616
5302	+ 0.69	6626
2458	+ 0.67	2379
3006	+ 0.67	2616
2616	+ 0.56	6626

High negative correlations

2616	- 0.67	2379
2379	- 0.62	6626
5302	- 0.6	2379
2458	- 0.59	6626
5302	- 0.58	2458
2616	- 0.5	2458

Risk-Adjusted Indicators

There is a big difference between 8342 Stock performing well and I Jang 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 I Jang'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
6156	2.55	0.02	(0.02)	(0.22)	3.44	(3.26)	8.86	(6.39)	19.95
6626	2.30	(0.44)	0.00	0.61	0.00	0.00	4.96	(6.17)	26.14
2379	1.30	0.11	0.01	1.55	1.97	(1.32)	2.40	(2.45)	10.23
2458	1.44	0.12	0.01	0.86	1.69	(1.63)	3.53	(2.95)	10.03
2616	0.71	(0.14)	0.00	(0.56)	0.00	0.00	1.46	(1.85)	6.26
3006	1.30	(0.17)	0.00	(0.15)	0.00	0.00	2.33	(2.70)	7.31
5302	0.86	(0.13)	0.00	37.82	0.00	0.00	1.73	(1.89)	6.85

Unable to evaluate fundamental data of [6156.TWO, 6626.TWO, 2379.TW, 2458.TW, 2616.TW, 3006.TW, 5302.TWO] at this time. Please try again later

All Fundamental Data

I Jang Competitive Analysis

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

	8342	6156	6626	2379	2458	2616	3006	5302
	0.23 88.30 8342	0.89 27.85 Song	2.50 5.46 GAME	0.38 525.00 Realtek	1.29 153.50 Elan	0.27 18.50 Shan	0.16 63.70 Elite	0.50 10.10 Syntek
Market Volatility (90 Days Market Risk)	Very steady	Not too volatile	Moderately volatile	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	OK	Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Average
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Under Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Sell	Cautious Hold	Hold	Strong Buy
Current Ratio	1.57 X	1.70 X	N/A	1.57 X	2.78 X	0.88 X	3.30 X	N/A
Net Asset	1.53 B	4.22 B	N/A	101.23 B	16.93 B	10.35 B	20.24 B	1.8 B
Profit Margin	0.13 %	0.04 %	N/A	0.16 %	0.22 %	0.01 %	0.16 %	N/A
EBITDA	208.74 M	294.67 M	N/A	19.98 B	6.33 B	1.03 B	6.53 B	(28.82 M)
Operating Margin	0.09 %	0.02 %	N/A	0.16 %	0.26 %	0.01 %	0.15 %	(6.63) %
Current Valuation	1.86 B	1.62 B	N/A	93.57 B	22.43 B	6.95 B	15.85 B	1.69 B
Price To Book	2.14 X	1.11 X	N/A	3.29 X	2.91 X	0.93 X	1.53 X	1.03 X
Retained Earnings	N/A	N/A	N/A	11.52 B	1.51 B	1.38 B	3.78 B	N/A
Current Asset	N/A	N/A	N/A	36.92 B	7.08 B	1.73 B	7.53 B	N/A
Five Year Return	N/A	N/A	N/A	4.68 %	2.53 %	6.51 %	4.63 %	N/A
Beta	0.14	1.44	N/A	1.13	0.92	0.19	1.49	0.69
Number Of Employees	11	10	N/A	29	19	19	17	9
Shares Outstanding	33.54 M	78.03 M	N/A	512.86 M	284.58 M	142.93 M	272.8 M	159.89 M
Cash Flow From Operations	85.08 M	170.71 M	N/A	18.35 B	5.26 B	1.33 B	8.29 B	(26.62 M)
Annual Yield	0.06 %	0.03 %	N/A	0.08 %	0.13 %	0.08 %	0.10 %	N/A
Total Debt	116.89 M	167.47 M	N/A	1 B	468.99 M	227.05 M	751.67 M	283.56 M
Return On Equity	0.29	0.12	N/A	0.46	0.35	0.0555	0.27	-0.0384
Z Score	10.6	5.8	N/A	N/A	38.8	12.4	17.8	2.4
Return On Asset	0.0696	0.0113	N/A	0.0985	0.16	0.0107	0.0952	-0.028
Book Value Per Share	25.73 X	18.50 X	N/A	90.92 X	30.61 X	34.62 X	45.71 X	8.61 X
Current Liabilities	N/A	N/A	N/A	23.45 B	2.3 B	1.96 B	2.18 B	N/A
Total Asset	1.53 B	4.22 B	N/A	101.23 B	16.93 B	10.35 B	20.24 B	1.8 B
Debt To Equity	0.41 %	36.80 %	N/A	62.30 %	6.60 %	52.80 %	10.20 %	N/A
Last Dividend Paid	3.4	0.52	N/A	27.0	13.5	2.5	8.0	N/A
Target Price	N/A	N/A	N/A	320.5	79.0	N/A	65.0	N/A
Shares Owned By Institutions	3.01 %	N/A	N/A	42.08 %	28.31 %	1.39 %	11.57 %	N/A
Market Capitalization	1.87 B	1.5 B	N/A	182.07 B	29.74 B	4.42 B	21.36 B	1.39 B
Price To Earning	9.18 X	7.41 X	N/A	23.21 X	18.15 X	15.87 X	15.29 X	N/A
Price To Earnings To Growth	N/A	N/A	N/A	1.22 X	2.67 X	N/A	N/A	N/A
Price To Sales	1.00 X	0.35 X	N/A	1.28 X	1.70 X	0.23 X	0.99 X	112.88 X
Net Income	125.07 M	104.07 M	N/A	16.85 B	5.1 B	415.51 M	4.98 B	(43.82 M)
Earnings Per Share	7.10 X	2.23 X	N/A	35.33 X	11.82 X	2.05 X	11.04 X	(0.29) X
Shares Owned By Insiders	79.05 %	30.52 %	N/A	9.30 %	8.39 %	46.42 %	13.93 %	46.25 %
Revenue	1.65 B	4.69 B	N/A	105.5 B	18.33 B	18.81 B	23.84 B	31.36 M
Working Capital	N/A	N/A	N/A	13.46 B	4.79 B	(228 M)	5.35 B	N/A
Cash And Equivalents	319.41 M	1.04 B	N/A	38.4 B	5.02 B	1.03 B	2.3 B	N/A
Cash Per Share	9.52 X	12.76 X	N/A	75.57 X	17.23 X	7.56 X	8.43 X	N/A
Gross Profit	301.93 M	501.2 M	N/A	53.19 B	9.12 B	1.79 B	8.72 B	14.95 M
Day Typical Price	88.73	27.92	5.42	528.0	155.33	18.52	64.2	10.12
Accumulation Distribution	190.39	16403.13	9809.73	47561.65	104191.0	1444.58	21575.84	2400.02
Market Facilitation Index	2.0E-4	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Daily Balance Of Power	(0.12)	(0.36)	(0.33)	(0.22)	(0.36)	(0.33)	(0.07)	0.2
Period Momentum Indicator	(0.20)	(0.25)	(0.14)	(2.00)	(2.00)	(0.05)	(0.10)	0.05
Rate Of Daily Change	1.0	0.99	0.98	1.0	0.99	1.0	1.0	1.0
Day Median Price	88.95	27.95	5.4	529.5	156.25	18.52	64.45	10.13
Price Action Indicator	(0.75)	(0.22)	(0.01)	(5.50)	(3.75)	(0.05)	(0.80)	N/A
Coefficient Of Variation	(5,737)	16494.12	(700.30)	1449.03	1360.01	(977.74)	(1,791)	(962.64)
Mean Deviation	0.7484	2.55	2.3	1.3	1.44	0.7119	1.3	0.8616
Jensen Alpha	(0.03)	0.0199	(0.44)	0.1063	0.116	(0.14)	(0.17)	(0.13)
Total Risk Alpha	(0.18)	(0.53)	(1.03)	(0.14)	(0.14)	(0.26)	(0.33)	(0.30)
Sortino Ratio	N/A	(0.02)	N/A	0.0054	0.0143	N/A	N/A	N/A
Downside Variance	N/A	13.57	N/A	4.83	4.33	N/A	N/A	N/A
Standard Deviation	1.05	3.89	3.6	1.79	1.93	1.03	1.62	1.18
Kurtosis	3.14	2.01	7.73	4.39	0.6544	2.26	(0.45)	1.94
Potential Upside	1.25	8.86	4.96	2.4	3.53	1.46	2.33	1.73
Treynor Ratio	(25.77)	(0.22)	0.6059	1.55	0.8588	(0.56)	(0.15)	37.82
Maximum Drawdown	5.91	19.95	26.14	10.23	10.03	6.26	7.31	6.85
Variance	1.11	15.11	12.99	3.22	3.71	1.06	2.62	1.39
Market Risk Adjusted Performance	(25.76)	(0.21)	0.6159	1.56	0.8688	(0.55)	(0.14)	37.83
Risk Adjusted Performance	(0.01)	0.0125	(0.1)	0.0561	0.0596	(0.07)	(0.04)	(0.07)
Skewness	(0.86)	0.1308	1.43	(1.32)	0.3329	0.1556	(0.13)	(0.65)
Semi Deviation	N/A	3.44	N/A	1.97	1.69	N/A	N/A	N/A
Information Ratio	(0.12)	(0.02)	(0.17)	0.0067	0.0155	(0.21)	(0.12)	(0.20)
Value At Risk	(1.56)	(6.39)	(6.17)	(2.45)	(2.95)	(1.85)	(2.70)	(1.89)
Expected Short fall	N/A	(3.26)	N/A	(1.32)	(1.63)	N/A	N/A	N/A
Downside Deviation	N/A	3.68	N/A	2.2	2.08	N/A	N/A	N/A
Semi Variance	N/A	11.8	N/A	3.9	2.87	N/A	N/A	N/A

I Jang Competition Performance Charts

Five steps to successful analysis of I Jang Competition

I Jang'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 I Jang Industrial in relation to its competition. I Jang's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of I Jang 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 I Jang's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to I Jang Industrial, 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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In addition to having I Jang 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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Additional Tools for 8342 Stock Analysis

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

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