Choice Competitors

Stocks . Taiwan . 
Stock . Choice Development
9929 Stock  TWD 15.90  0.05  0.31%   
Choice Development competes with Yang Ming, Wan Hai, U Ming, Taiwan Navigation, and China Airlines; as well as few others. The company operates under Commercial Services & Supplies sector and is part of Industrials industry. Analyzing Choice Development 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 Choice Development to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Choice Development 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 Choice Development competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
14.4515.9517.45
Details
Intrinsic
Valuation
LowRealHigh
14.2815.7817.28
Details
Naive
Forecast
LowNextHigh
14.2115.7017.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.9215.9716.01
Details

Choice Development Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Choice Development 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 Choice 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 Choice Development does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
2610
+ 0.89
2609
2606
+ 0.85
2609
2610
+ 0.8
2606
2617
+ 0.75
2615
2615
+ 0.54
2609
2606
+ 0.47
2615
  
High negative correlations   
2610
- 0.0
2617

Risk-Adjusted Indicators

There is a big difference between Choice Stock performing well and Choice Development 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 Choice Development'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

Choice Development Competitive Analysis

The better you understand Choice Development competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Choice Development'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 Choice Development'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
9929 2609 2615 2606 2617 2610
 0.31 
 15.90 
Choice
 1.61 
 79.20 
Yang
 1.89 
 82.90 
Wan
 1.21 
 57.20 
2606
 1.79 
 30.25 
Taiwan
 1.89 
 26.00 
China
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Good
Insignificant
Good
Very Weak
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Low
Low
Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Under 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)
Strong Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Buy
Current Ratio
0.96 X
0.60 X
2.51 X
1.41 X
1.46 X
0.71 X
Net Asset
2.01 B
384.42 B
257.68 B
62.28 B
23.28 B
294.72 B
Profit Margin
(0.15) %
0.53 %
0.44 %
0.38 %
0.55 %
0.07 %
EBITDA
52.41 M
222.46 B
143.77 B
7.52 B
2.08 B
43.48 B
Operating Margin
(0.23) %
0.65 %
0.54 %
0.35 %
0.32 %
0.09 %
Current Valuation
828.48 M
8.54 B
83.75 B
54.83 B
14.69 B
187.21 B
Price To Book
0.99 X
0.66 X
0.85 X
1.19 X
0.73 X
1.69 X
Retained Earnings
(640 M)
(7.71 B)
11.76 B
16.89 B
4.92 B
4.33 B
Current Asset
525 M
29.5 B
28.46 B
27.24 B
1.19 B
44.5 B
Five Year Return
N/A
N/A
2.78 %
4.36 %
N/A
N/A
Beta
0.037
1.84
1.53
0.94
0.81
0.76
Number Of Employees
134
60
31
35
23
88
Shares Outstanding
101.28 M
3.49 B
2.81 B
845.06 M
417.29 M
6.01 B
Cash Flow From Operations
(31.34 M)
209.57 B
132.61 B
5.91 B
1.88 B
49.89 B
Annual Yield
0.04 %
0.33 %
0.14 %
0.06 %
0.07 %
0.04 %
Total Debt
3.11 B
15.89 B
35.3 B
18.18 B
5.53 B
96.19 B
Return On Equity
-0.12
0.87
0.74
0.19
0.13
0.16
Z Score
N/A
7.2
3.0
1.2
1.2
0.6
Return On Asset
-0.0476
0.41
0.33
0.048
0.0318
0.0324
Book Value Per Share
8.59 X
94.82 X
83.31 X
39.82 X
37.06 X
11.60 X
Current Liabilities
156 M
42.55 B
16.4 B
15.62 B
521 M
65.34 B
Total Asset
2.01 B
384.42 B
257.68 B
62.28 B
23.28 B
294.72 B
Debt To Equity
282.40 %
518.10 %
0.34 %
135.00 %
36.90 %
228.40 %
Target Price
N/A
83.5
71.5
61.5
N/A
15.77
Last Dividend Paid
N/A
20.0
9.13
3.0
2.0
0.83
Shares Owned By Institutions
7.23 %
25.35 %
9.77 %
6.89 %
1.61 %
48.23 %
Market Capitalization
945.96 M
206.03 B
209.9 B
43.44 B
11.25 B
117.52 B
Price To Earning
1.64 X
(1.74) X
13.58 X
28.19 X
9.62 X
36.40 X
Price To Earnings To Growth
N/A
0.19 X
(3.74) X
N/A
N/A
0.32 X
Price To Sales
1.48 X
0.54 X
0.76 X
2.80 X
3.08 X
0.73 X
Net Income
4.69 M
165.27 B
103.34 B
4.89 B
1.32 B
9.38 B
Earnings Per Share
(1.04) X
61.71 X
45.16 X
6.66 X
4.87 X
1.84 X
Shares Owned By Insiders
55.25 %
19.48 %
42.98 %
44.35 %
49.06 %
2.90 %
Revenue
591.37 M
333.69 B
228.01 B
14.01 B
3.23 B
138.84 B
Working Capital
369 M
(13.05 B)
12.06 B
11.62 B
669 M
(20.84 B)
Cash And Equivalents
572.32 M
17.52 B
184.86 B
26.08 B
922.56 M
24.62 B
Cash Per Share
3.39 X
7.54 X
65.88 X
30.87 X
2.21 X
4.54 X
Gross Profit
(55.62 M)
212.54 B
134.65 B
4.43 B
1.28 B
23.35 B
Day Typical Price
15.9
79.8
83.47
57.4
30.42
26.02
Accumulation Distribution
N/A
2.1 M
517359.0
67134.96
24458.12
1.9 M
Daily Balance Of Power
(9,223,372,036,855)
(0.50)
(0.55)
(0.50)
(0.92)
(0.53)
Period Momentum Indicator
(0.05)
(1.30)
(1.60)
(0.70)
(0.55)
(0.50)
Rate Of Daily Change
1.0
0.98
0.98
0.99
0.98
0.98
Day Median Price
15.9
80.1
83.75
57.5
30.5
26.03
Price Action Indicator
(0.03)
(1.55)
(1.65)
(0.65)
(0.53)
(0.28)
Relative Strength Index
54.52
50.28
40.75
59.42
42.04
81.99
Coefficient Of Variation
(4,008)
627.66
1975.55
739.74
5349.28
346.41
Mean Deviation
1.05
1.83
2.4
0.971
0.8159
0.9417
Jensen Alpha
(0.18)
0.5274
0.3065
0.185
0.0446
0.4125
Total Risk Alpha
(0.30)
(0.01)
(0.39)
(0.04)
(0.17)
0.1807
Sortino Ratio
N/A
0.099
0.0154
0.0393
(0.09)
0.1904
Downside Variance
N/A
9.52
12.09
1.81
1.42
2.45
Standard Deviation
1.57
2.7
3.51
1.31
1.13
1.46
Kurtosis
2.46
3.51
2.39
1.43
1.03
8.18
Potential Upside
2.89
4.14
5.46
2.01
2.06
2.47
Treynor Ratio
(0.04)
(0.45)
(0.14)
(1.08)
(0.04)
275.12
Maximum Drawdown
8.31
13.88
19.92
7.36
6.01
8.6
Variance
2.48
7.28
12.35
1.72
1.27
2.14
Market Risk Adjusted Performance
(0.03)
(0.44)
(0.13)
(1.07)
(0.03)
275.13
Risk Adjusted Performance
(0.01)
0.1224
0.0445
0.1021
0.0171
0.2136
Skewness
0.8451
(0.18)
0.3262
0.2379
0.279
(0.07)
Semi Deviation
N/A
2.41
3.04
1.08
1.07
0.9975
Information Ratio
(0.10)
0.1132
0.0152
0.0403
(0.09)
0.2037
Value At Risk
(2.53)
(3.01)
(4.67)
(1.85)
(2.02)
(1.13)
Expected Short fall
N/A
(1.96)
(2.73)
(1.12)
(0.86)
(1.19)
Downside Deviation
N/A
3.09
3.48
1.34
1.19
1.57
Semi Variance
N/A
5.82
9.22
1.17
1.14
0.995

Choice Development Competition Performance Charts

Five steps to successful analysis of Choice Development Competition

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

In addition to having Choice Development 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 Health Care ETFs Thematic Idea Now

Health Care ETFs
Health Care ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 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 Health Care ETFs Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Choice Stock Analysis

When running Choice Development's price analysis, check to measure Choice Development'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 Choice Development is operating at the current time. Most of Choice Development's value examination focuses on studying past and present price action to predict the probability of Choice Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choice Development's price. Additionally, you may evaluate how the addition of Choice Development 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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY