INDCOMMBK Competitors

ICKB Stock

EUR 12.10 0.00 0.00%

INDCOMMBK CHINA ADR20 competes with Industrial, CHINA CONBANK, AGRICULTBK HADR25, and BANK OCHINA; as well as few others. The company operates under Financial Services sector and is part of Banks—Diversified industry. Analyzing INDCOMMBK CHINA 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 INDCOMMBK CHINA to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out INDCOMMBK CHINA 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 INDCOMMBK CHINA competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
9.58	12.10	14.62

Details

Intrinsic

Valuation

Low	Real	High
10.41	12.93	15.45

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as INDCOMMBK CHINA. Your research has to be compared to or analyzed against INDCOMMBK CHINA's peers to derive any actionable benefits. When done correctly, INDCOMMBK CHINA's 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 INDCOMMBK CHINA ADR20.

INDCOMMBK CHINA Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between INDCOMMBK CHINA 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 INDCOMMBK 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 INDCOMMBK CHINA ADR20 does not affect the price movement of the other competitor.

	ICKB	ICK	C6TB	EK7A	W8VS	CWW0	TDB
ICKB		0.8	0.85	0.85	0.71	0.48	-0.63	ICKB
ICK	0.8		0.79	0.79	0.63	0.42	-0.64	ICK
C6TB	0.85	0.79		0.93	0.81	0.54	-0.75	C6TB
EK7A	0.85	0.79	0.93		0.73	0.73	-0.77	EK7A
W8VS	0.71	0.63	0.81	0.73		0.41	-0.55	W8VS
CWW0	0.48	0.42	0.54	0.73	0.41		-0.47	CWW0
TDB	-0.63	-0.64	-0.75	-0.77	-0.55	-0.47		TDB
	ICKB	ICK	C6TB	EK7A	W8VS	CWW0	TDB

Click cells to compare fundamentals

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High positive correlations

EK7A	+ 0.93	C6TB
C6TB	+ 0.85	ICKB
EK7A	+ 0.85	ICKB
W8VS	+ 0.81	C6TB
ICK	+ 0.8	ICKB
C6TB	+ 0.79	ICK

High negative correlations

TDB	- 0.77	EK7A
TDB	- 0.75	C6TB
TDB	- 0.64	ICK
TDB	- 0.63	ICKB
TDB	- 0.55	W8VS
TDB	- 0.47	CWW0

Risk-Adjusted Indicators

There is a big difference between INDCOMMBK Stock performing well and INDCOMMBK CHINA 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 INDCOMMBK CHINA'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
ICKB	1.83	0.28	0.13	0.30	1.69	(2.76)	5.83	(3.60)	17.04
ICK	2.12	0.35	0.09	1.20	2.24	(3.56)	5.36	(4.92)	18.47
C6TB	1.35	0.30	0.13	0.96	1.34	(1.97)	3.68	(2.22)	11.71
EK7A	1.58	0.36	0.16	0.57	1.46	(2.26)	4.76	(2.61)	11.57
W8VS	1.77	0.29	0.10	(2.50)	1.69	(2.82)	4.21	(2.91)	12.58
CWW0	1.07	0.07	0.03	0.34	1.30	(1.23)	2.25	(2.63)	6.19
TDB	0.97	(0.17)	0.00	18.58	0.00	0.00	2.02	(2.66)	10.67

Unable to evaluate fundamental data of [ICKB.F, ICK.F, C6TB.F, EK7A.F, W8VS.F, CWW0.F, TDB.F] at this time. Please try again later

All Fundamental Data

INDCOMMBK CHINA Competitive Analysis

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

	ICKB	ICK	C6TB	EK7A	W8VS	CWW0	TDB
	0.00 12.10 INDCOMMBK	1.64 0.62 Industrial	0.00 15.30 CHINA	0.00 12.70 AGRICULTBK	0.00 11.30 BANK	0.00 90.50 COMMONWBK	1.04 50.46 Toronto
Market Volatility (90 Days Market Risk)	Not too volatile	Extremely Dangerous	Very steady	Not too volatile	Not too volatile	Very steady	Very steady
Market Performance (90 Days Performance)	OK	OK	OK	Good	Modest	OK	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Under Valued	Under Valued	Over 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
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Cautious Hold	Strong Buy	Strong Buy	Strong Sell	Cautious Hold	Strong Buy
Net Asset	N/A	35.17 T	N/A	N/A	N/A	N/A	1.92 T
Profit Margin	0.48 %	0.48 %	0.48 %	0.44 %	0.44 %	0.42 %	0.37 %
Operating Margin	0.57 %	0.57 %	0.57 %	0.52 %	0.55 %	0.57 %	0.44 %
Current Valuation	N/A	(1.02 T)	N/A	N/A	N/A	N/A	(93.43 B)
Price To Book	N/A	0.38 X	N/A	N/A	N/A	N/A	1.61 X
Five Year Return	N/A	5.67 %	N/A	N/A	N/A	N/A	3.82 %
Beta	0.45	0.45	0.54	0.43	0.41	0.83	0.83
Number Of Employees	434.09 K	434.09 K	375.53 K	455.17 K	306.32 K	48.86 K	94.94 K
Shares Outstanding	17.82 B	86.79 B	12.5 B	14 B	11.78 B	1.69 B	1.82 B
Cash Flow From Operations	(1.57 T)	360.88 B	739.59 B	(1.34 T)	(879.23 B)	(19.88 B)	(66.81 B)
Annual Yield	0.09 %	0.09 %	0.09 %	0.1 %	0.1 %	0.04 %	0.04 %
Total Debt	1.32 T	1.49 T	2.21 T	2.52 T	5.07 T	249.91 B	152.74 B
Return On Equity	0.11	0.11	0.12	0.1	0.0982	0.13	0.17
Return On Asset	0.0097	0.0097	0.0099	0.008	0.0086	0.0084	0.0096
Book Value Per Share	183.80 X	9.19 X	218.48 X	181.82 X	202.30 X	42.84 X	58.10 X
Total Asset	N/A	35.17 T	N/A	N/A	N/A	N/A	1.92 T
Last Dividend Paid	0.29	0.29	0.36	0.21	0.22	3.85	3.56
Shares Owned By Institutions	N/A	53.54 %	N/A	N/A	0.01 %	N/A	58.63 %
Market Capitalization	231.32 B	196.76 B	148.36 B	136.18 B	122.08 B	120.02 B	113.93 B
Price To Earning	4.73 X	4.24 X	4.17 X	3.71 X	3.67 X	23.81 X	11.96 X
Price To Earnings To Growth	N/A	0.60 X	N/A	N/A	N/A	N/A	5.02 X
Price To Sales	N/A	0.25 X	N/A	N/A	N/A	N/A	2.27 X
Net Income	308.3 B	348.34 B	267.69 B	208.07 B	182.25 B	8.84 B	17.43 B
Earnings Per Share	2.64 X	0.13 X	3.38 X	2.32 X	2.48 X	3.52 X	6.58 X
Shares Owned By Insiders	N/A	N/A	N/A	N/A	N/A	N/A	0.09 %
Revenue	759.94 B	939.89 B	661.25 B	573.42 B	517.12 B	25.43 B	45.76 B
Cash And Equivalents	4.37 T	4.52 T	5.04 T	4.21 T	2.84 T	158.1 B	536.99 B
Cash Per Share	244.99 X	12.69 X	403.11 X	300.70 X	237.03 X	89.20 X	295.26 X
Gross Profit	742.77 B	742.77 B	653.09 B	555.86 B	502.99 B	25.43 B	47.74 B
Day Typical Price	12.1	0.62	15.3	12.7	11.3	90.5	50.29
Accumulation Distribution	N/A	0.0161	N/A	N/A	N/A	N/A	0.0103
Market Facilitation Index	N/A	0.01	N/A	N/A	N/A	N/A	0.52
Daily Balance Of Power	0.0	1.0	0.0	0.0	0.0	0.0	1.0
Period Momentum Indicator	N/A	0.01	N/A	N/A	N/A	N/A	0.52
Rate Of Daily Change	1.0	1.02	1.0	1.0	1.0	1.0	1.01
Day Median Price	12.1	0.62	15.3	12.7	11.3	90.5	50.2
Price Action Indicator	N/A	0.01	N/A	N/A	N/A	N/A	0.52
Coefficient Of Variation	831.29	814.56	580.76	537.18	822.27	1433.42	(920.58)
Mean Deviation	1.83	2.12	1.35	1.58	1.77	1.07	0.9729
Jensen Alpha	0.2847	0.3483	0.2999	0.3612	0.2862	0.0747	(0.17)
Total Risk Alpha	0.1778	0.1965	0.2115	0.2734	0.1508	0.0109	(0.26)
Sortino Ratio	0.1306	0.086	0.1311	0.164	0.0968	0.027	N/A
Downside Variance	4.93	13.69	4.27	4.49	6.04	2.42	N/A
Standard Deviation	2.85	3.02	1.88	2.15	2.4	1.37	1.52
Kurtosis	4.94	1.87	2.33	1.25	0.7135	0.3046	8.87
Potential Upside	5.83	5.36	3.68	4.76	4.21	2.25	2.02
Treynor Ratio	0.2961	1.2	0.959	0.5724	(2.50)	0.3447	18.58
Maximum Drawdown	17.04	18.47	11.71	11.57	12.58	6.19	10.67
Variance	8.15	9.15	3.54	4.63	5.74	1.87	2.3
Market Risk Adjusted Performance	0.3061	1.21	0.969	0.5824	(2.49)	0.3547	18.59
Risk Adjusted Performance	0.1027	0.1049	0.1425	0.1541	0.1032	0.0596	(0.08)
Skewness	1.64	0.1453	0.1533	0.3861	0.3299	(0.47)	(1.92)
Semi Deviation	1.69	2.24	1.34	1.46	1.69	1.3	N/A
Information Ratio	0.1016	0.1052	0.1439	0.1614	0.0994	0.0308	(0.14)
Value At Risk	(3.60)	(4.92)	(2.22)	(2.61)	(2.91)	(2.63)	(2.66)
Expected Short fall	(2.76)	(3.56)	(1.97)	(2.26)	(2.82)	(1.23)	N/A
Downside Deviation	2.22	3.7	2.07	2.12	2.46	1.56	N/A
Semi Variance	2.85	5.03	1.8	2.14	2.87	1.68	N/A

INDCOMMBK CHINA Competition Performance Charts

Five steps to successful analysis of INDCOMMBK CHINA Competition

INDCOMMBK CHINA'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 INDCOMMBK CHINA ADR20 in relation to its competition. INDCOMMBK CHINA's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of INDCOMMBK CHINA 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 INDCOMMBK CHINA's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to INDCOMMBK CHINA ADR20, 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 INDCOMMBK CHINA position

In addition to having INDCOMMBK CHINA 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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Other Information on Investing in INDCOMMBK Stock

INDCOMMBK CHINA financial ratios help investors to determine whether INDCOMMBK Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in INDCOMMBK with respect to the benefits of owning INDCOMMBK CHINA security.

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