Fortescue Competitors

OTC Stocks . USA . 
Stock . Fortescue Metals Group
FSUGY Stock  USD 24.54  0.93  3.65%   
Fortescue Metals competes with IGO, Mineral Res, and Adriatic Metals; as well as few others. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Fortescue Metals 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 Fortescue Metals to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fortescue Metals 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 Fortescue Metals competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
22.1924.5426.89
Details
Intrinsic
Valuation
LowRealHigh
22.7125.0527.41
Details
Naive
Forecast
LowNextHigh
22.8825.2327.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.6224.5426.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fortescue Metals. Your research has to be compared to or analyzed against Fortescue Metals' peers to derive any actionable benefits. When done correctly, Fortescue Metals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fortescue Metals.

Fortescue Metals Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fortescue Metals and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Fortescue 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 Fortescue Metals does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
AVRTF
+ 0.68
ANSNF
AUMTF
+ 0.61
AVRTF
ADTLF
+ 0.6
IIDDY
AVRTF
+ 0.6
MALRY
AUMTF
+ 0.56
ANSNF
EDDYF
+ 0.56
ADTLF
  
High negative correlations   
MALRY
- 0.76
IIDDY
ANSNF
- 0.68
IIDDY
FCSMF
- 0.6
IIDDY
AVRTF
- 0.53
IIDDY
ADTLF
- 0.37
ANSNF
ADTLF
- 0.3
FCSMF

Risk-Adjusted Indicators

There is a big difference between Fortescue OTC Stock performing well and Fortescue Metals OTC Stock 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 Fortescue Metals' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
QNICF  13.71  6.24  0.00 (1.23) 0.00 
 0.00 
 20.63 
 0.00 
 373.71 
IIDDY  0.42  0.18  0.00 (1.61) 0.00 
 0.00 
 0.00 
 0.00 
 16.28 
FCSMF  5.49 (0.16) 0.00 (0.01) 0.00 
 0.00 
 17.00 
(16.67)
 36.67 
MALRY  3.78 (0.06) 0.00  1.45  0.00 
 0.00 
 7.03 
(7.29)
 31.69 
ANSNF  5.43 (0.50) 0.00 (0.12) 0.00 
 0.00 
 27.27 
(21.87)
 76.49 
AVRTF  2.52 (1.29) 0.00  70.33  0.00 
 0.00 
 0.00 
 0.00 
 84.29 
ADTLF  1.47  0.34  0.05 (6.47) 1.65 
(3.82)
 4.80 
(4.49)
 22.35 
AUMTF  2.07 (0.79) 0.00 (2.52) 0.00 
 0.00 
 0.00 
 0.00 
 73.07 
EDDYF  6.40  0.85  0.03 (0.39) 8.55 
(21.82)
 31.94 
(20.14)
 87.64 
All Fundamental Data

Fortescue Metals Competitive Analysis

The better you understand Fortescue Metals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fortescue Metals' 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 Fortescue Metals' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
FSUGY QNICF IIDDY FCSMF MALRY ANSNF AVRTF ADTLF AUMTF EDDYF
 3.65 
 24.54 
Fortescue
 20.63 
 0.10 
Qubec
 0.00 
 6.80 
IGO
 14.29 
 0.06 
Focus
 1.21 
 22.93 
Mineral
 16.27 
 0.04 
Anson
 0.00 
 0 
Avarone
 4.80 
 2.62 
Adriatic
 0.00 
 0.07 
Aurelia
 12.74 
 0.07 
Edison
Market Volatility
(90 Days Market Risk)
Very steady
Out of control
Somewhat reliable
Out of control
Not too volatile
Out of control
Out of control
Risky
Out of control
Out of control
Market Performance
(90 Days Performance)
Insignificant
OK
OK
Weak
Very Weak
Very Weak
Very Weak
OK
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
About Average
Low
Low
Low
Low
Below Average
Above Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Fairly 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)
Cautious Hold
Strong Sell
Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
2.85
N/A
1.69
0.75
3.69
1.16
0.02
25.41
1.3
17.06
Net Asset
28.38 B
9.22 M
4.85 B
39.85 M
7.81 B
12.93 M
141.22 K
131.89 M
562.25 M
9.85 M
Profit Margin
0.36
N/A
0.78
N/A
0.1
N/A
N/A
N/A
-0.19
N/A
EBITDA
10.4 B
N/A
645.1 M
(5.2 M)
953.1 M
(6.42 M)
(89.67 K)
(8.94 M)
(65.82 M)
(1.53 M)
Operating Margin
0.52
N/A
0.28
N/A
0.19
N/A
N/A
N/A
-0.29
N/A
Current Valuation
43.4 B
10.46 M
7.96 B
13.08 M
11.49 B
160.59 M
1.67 M
514.93 M
100.44 M
2.3 M
Price To Book
2.46
2.69
3.41
0.65
5.1
34.78
10.73
3.86
0.56
0.63
Retained Earnings
7.06 B
N/A
N/A
(24.83 M)
487 M
N/A
N/A
N/A
N/A
N/A
Current Asset
2.42 B
N/A
N/A
1.58 M
587 M
N/A
N/A
N/A
N/A
N/A
Five Year Return
10.39
N/A
N/A
N/A
3.73
N/A
N/A
N/A
N/A
N/A
Beta
0.94
N/A
0.92
3.26
1.29
0.95
-0.13
1.1
1.13
0.67
Number Of Employees
42
3
5
12
3.86 K
3
6
133
3
6
Shares Outstanding
1.54 B
98.31 M
378.63 M
57.23 M
190.04 M
1.18 B
91.41 M
273.08 M
1.24 B
115.18 M
Cash Flow From Operations
6.65 B
N/A
357.1 M
(1.04 M)
279.8 M
(4.56 M)
75.72 K
(7.54 M)
154.09 M
(1.09 M)
Annual Yield
0.0926
N/A
0.0126
N/A
0.0105
N/A
N/A
N/A
0.24
N/A
Total Debt
5.28 B
N/A
713.5 M
60 K
2.8 B
1.19 M
31.63 K
11.88 M
8.59 M
N/A
Return On Equity
0.35
N/A
0.23
-0.15
0.11
-1.32
N/A
-0.13
-0.22
-0.14
Z Score
5.4
N/A
6.6
N/A
2.4
90.0
51.0
31.2
7.2
N/A
Return On Asset
0.2
N/A
0.0427
-0.0861
0.0584
-0.36
-1.04
-0.0596
-0.13
-0.0907
Book Value Per Share
11.27
N/A
10.36
0.61
17.15
0.007
-0.013
0.54
0.27
0.085
Current Liabilities
1.63 B
N/A
N/A
1.22 M
377 M
N/A
N/A
N/A
N/A
N/A
Total Asset
28.38 B
9.22 M
4.85 B
39.85 M
7.81 B
12.93 M
141.22 K
131.89 M
562.25 M
9.85 M
Debt To Equity
0.35
N/A
0.28
0.07
0.96
0.16
0.62
0.13
0.14
N/A
Last Dividend Paid
1.43
N/A
0.19
N/A
1.0
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
0.014
4.51
N/A
N/A
N/A
N/A
N/A
26.41
33.55
N/A
Market Capitalization
47.72 B
11.52 M
7.88 B
23.47 M
11.91 B
178.74 M
2.72 M
626.19 M
109.08 M
4.87 M
Price To Earning
6.34
N/A
72.52
-4.29
22.73
N/A
N/A
N/A
2.5
N/A
Price To Sales
2.4
N/A
8.75
N/A
3.02
233397.0
N/A
N/A
0.29
N/A
Net Income
6.2 B
N/A
330.9 M
(4.81 M)
349.2 M
(6.75 M)
(231.84 K)
(10.19 M)
(81.69 M)
(1.45 M)
Earnings Per Share
4.05
N/A
1.52
-0.011
1.28
-0.005
-0.002
N/A
0.02
-0.015
Shares Owned By Insiders
N/A
3.94
N/A
7.66
N/A
23.22
5.25
9.52
21.98
1.0
Revenue
17.31 B
N/A
845.2 M
N/A
3.42 B
732
N/A
N/A
438.81 M
N/A
Working Capital
789 M
N/A
N/A
363 K
210 M
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
5.22 B
N/A
493.9 M
3.63 M
2.43 B
5.73 M
24.38 K
83.44 M
76.69 M
2.64 M
Cash Per Share
3.4
N/A
1.3
0.07
12.91
N/A
N/A
0.31
0.06
0.02
Gross Profit
9.74 B
N/A
694.9 M
N/A
3.1 B
(117.18 K)
N/A
N/A
22.45 M
(10.91 K)
Day Typical Price
24.6
0.1
6.8
0.06
22.88
0.0367
0.0033
2.62
0.0704
0.0733
Accumulation Distribution
0.0093
N/A
N/A
N/A
0.0374
0.12
N/A
N/A
N/A
N/A
Market Facilitation Index
0.23
N/A
N/A
N/A
0.87
0.005
N/A
N/A
N/A
N/A
Daily Balance Of Power
(4.04)
9.2 T
0.0
(9,223,372,036,855)
(0.32)
(1.36)
0.0
9.2 T
0.0
(9,223,372,036,855)
Period Momentum Indicator
(0.93)
0.0171
N/A
(0.01)
(0.28)
(0.01)
N/A
0.12
N/A
(0.01)
Rate Of Daily Change
0.96
1.21
1.0
0.86
0.99
0.84
1.0
1.05
1.0
0.87
Day Median Price
24.64
0.1
6.8
0.06
22.86
0.0375
0.0033
2.62
0.0704
0.0733
Price Action Indicator
(0.56)
0.0086
N/A
(0.01)
(0.07)
(0.01)
N/A
0.06
N/A
(0.01)
Relative Strength Index
48.39
15.09
66.66
35.92
36.36
67.17
N/A
51.5
34.7
37.37
Coefficient Of Variation
1607.34
822.44
972.33
(111,984)
(8,442)
(4,183)
(812.40)
826.46
(967.72)
1927.68
Mean Deviation
1.8
13.71
0.4224
5.49
3.78
5.43
2.52
1.47
2.07
6.4
Jensen Alpha
0.1342
6.24
0.1808
(0.16)
(0.06)
(0.50)
(1.29)
0.3409
(0.79)
0.8487
Total Risk Alpha
(0.16)
(0.14)
(0.05)
(1.18)
(0.69)
(1.73)
(2.58)
(0.02)
(1.67)
(0.99)
Sortino Ratio
0.0203
N/A
N/A
N/A
N/A
N/A
N/A
0.052
N/A
0.0298
Downside Variance
5.59
N/A
N/A
N/A
N/A
N/A
N/A
22.41
N/A
406.34
Standard Deviation
2.38
47.89
1.76
9.35
5.0
11.62
10.37
2.86
7.29
13.51
Kurtosis
0.7334
55.89
62.95
0.3105
1.82
5.14
66.0
9.64
43.04
6.68
Potential Upside
3.88
20.63
N/A
17.0
7.03
27.27
N/A
4.8
N/A
31.94
Treynor Ratio
3.16
(1.23)
(1.61)
(0.01)
1.45
(0.12)
70.33
(6.47)
(2.52)
(0.39)
Maximum Drawdown
12.51
373.71
16.28
36.67
31.69
76.49
84.29
22.35
73.07
87.64
Variance
5.67
2293.29
3.11
87.43
24.98
135.02
107.64
8.19
53.17
182.5
Market Risk Adjusted Performance
3.17
(1.22)
(1.60)
(0)
1.46
(0.11)
70.34
(6.46)
(2.51)
(0.38)
Risk Adjusted Performance
0.0521
0.098
0.0805
0.0086
(0.000039)
(0.01)
(0.08)
0.0952
(0.07)
0.0471
Skewness
(0.22)
7.08
7.81
0.3391
(0.36)
0.7898
(8.12)
1.66
(5.66)
1.26
Semi Deviation
2.22
N/A
N/A
N/A
N/A
N/A
N/A
1.65
N/A
8.55
Information Ratio
0.0202
0.1195
0.046
(0.01)
(0.03)
(0.03)
(0.13)
0.086
(0.12)
0.0445
Value At Risk
(3.65)
N/A
N/A
(16.67)
(7.29)
(21.88)
N/A
(4.49)
N/A
(20.14)
Expected Short fall
(1.94)
N/A
N/A
N/A
N/A
N/A
N/A
(3.82)
N/A
(21.82)
Downside Deviation
2.36
N/A
N/A
N/A
N/A
N/A
N/A
4.73
N/A
20.16
Semi Variance
4.94
N/A
N/A
N/A
N/A
N/A
N/A
2.72
N/A
73.17

Fortescue Metals Competition Performance Charts

Five steps to successful analysis of Fortescue Metals Competition

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

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