Legend Competitors
| LPS Stock | CAD 0.20 0.01 4.76% |
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 Legend Power competition on your existing holdings.
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Legend Power Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Legend Power 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 Legend 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 Legend Power Systems does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Legend Stock performing well and Legend Power 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 Legend Power'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.Cross Equities Net Income Analysis
Compare Legend Power Systems and related stocks such as Kraken Robotics, Lite Access Technologies, and DynaCERT Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PNG | (76.4 K) | (49.6 K) | (48 K) | (56.2 K) | (31 K) | (2 M) | (1.4 M) | (1.8 M) | (2.9 M) | (3 M) | (5.5 M) | (3.5 M) | (4.2 M) | 5.5 M | 5.8 M |
| LTE | (68.6 K) | (68.6 K) | (68.6 K) | 31.9 K | (1.6 M) | 1.5 M | (8.1 M) | (10.4 M) | (5.3 M) | (17.5 M) | 2.1 M | (2.9 M) | (1.5 M) | (1.3 M) | (1.4 M) |
| DYA | (43.3 K) | (712.4 K) | (1.7 M) | 1.8 M | (1.6 M) | (1.7 M) | (4.9 M) | (6.6 M) | (11.4 M) | (12.7 M) | (13.6 M) | (12.7 M) | (12.2 M) | (8.6 M) | (8.2 M) |
| ACU | (63.1 K) | (1.2 M) | (1.2 M) | (1.6 M) | (1.8 M) | (1.6 M) | (1.4 M) | (737.8 K) | (2.3 M) | (504 K) | (3.5 M) | (4.2 M) | (4.7 M) | (217.6 K) | (228.5 K) |
Legend Power Systems and related stocks such as Kraken Robotics, Lite Access Technologies, and DynaCERT Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Legend Power Systems financial statement analysis. It represents the amount of money remaining after all of Legend Power Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Legend Power Competitive Analysis
The better you understand Legend Power competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Legend Power'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 Legend Power'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 |
Legend Power Competition Performance Charts
Five steps to successful analysis of Legend Power Competition
Legend Power'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 Legend Power Systems in relation to its competition. Legend Power's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Legend Power 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 Legend Power's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Legend Power Systems, 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.
Complement your Legend Power position
In addition to having Legend Power 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?
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Gambling
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 constituents at this time.
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Additional Tools for Legend Stock Analysis
When running Legend Power's price analysis, check to measure Legend Power'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 Legend Power is operating at the current time. Most of Legend Power's value examination focuses on studying past and present price action to predict the probability of Legend Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legend Power's price. Additionally, you may evaluate how the addition of Legend Power to your portfolios can decrease your overall portfolio volatility.