Andretti Competitors

Stocks . USA . 
Stock . Andretti Acquisition Corp
POLEW Stock   0.16  0.03  23.08%   
Andretti Acquisition Corp competes with Western Digital, Broadstone Net, Comstock Holding, Valneva SE, and Paysafe; as well as few others. The company classifies itself under Industrials sector and is part of Shell Companies industry. Analyzing Andretti Acquisition 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 Andretti Acquisition to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Andretti Acquisition 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 Andretti Acquisition competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Andretti Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.010.1824.11
Details
Intrinsic
Valuation
LowRealHigh
0.010.1324.06
Details

Andretti Acquisition Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Andretti Acquisition 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 Andretti 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 Andretti Acquisition Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
VALN
+ 0.84
BNL
PSFE
+ 0.71
BNL
PSFE
+ 0.7
VALN
BKH
+ 0.66
RDCM
VALN
+ 0.59
CHCI
CHCI
+ 0.49
BNL
  
High negative correlations   
RDCM
- 0.92
VALN
RDCM
- 0.78
BNL
RDCM
- 0.72
PSFE
BKH
- 0.69
VALN
BKH
- 0.58
CHCI
BKH
- 0.54
PSFE

Risk-Adjusted Indicators

There is a big difference between Andretti Stock performing well and Andretti Acquisition 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 Andretti Acquisition'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

Andretti Acquisition Competitive Analysis

The better you understand Andretti Acquisition competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Andretti Acquisition'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 Andretti Acquisition'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
POLEW FSLUF WDC BNL CHCI VALN PSFE RDCM BKH
 23.08 
 0.16 
Andretti
 0.00 
 0.04 
First
 1.01 
 64.64 
Western
 0.24 
 16.90 
Broadstone
 2.31 
 7.97 
Comstock
 3.15 
 3.69 
Valneva
 2.11 
 18.10 
Paysafe
 1.35 
 11.97 
Radcom
 1.18 
 60.06 
Black
Market Volatility
(90 Days Market Risk)
Out of control
Not too volatile
Very steady
Very steady
Moderately volatile
Somewhat reliable
Not too volatile
Somewhat reliable
Very steady
Market Performance
(90 Days Performance)
Good
Very Weak
Weak
Very Weak
Very Weak
Very Weak
Very Weak
OK
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Below Average
Low
Very Low
High
Average
Very Low
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Under Valued
Under Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Strong Buy
Buy
Strong Sell
Strong Buy
Hold
Strong Buy
Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Hold
Sell
Strong Sell
Strong Sell
Hold
Hold
Strong Hold
Current Ratio
N/A
1.57
1.83
2.22
1.4
1.15
1.06
4.87
0.97
Net Asset
N/A
83.67 M
24.19 B
5.27 B
49.94 M
460.06 M
5.23 B
107.53 M
9.62 B
Profit Margin
N/A
-0.0066
0.0265
0.34
0.13
-0.0468
-0.0138
0.0852
0.12
EBITDA
N/A
4.87 M
324 M
380.89 M
9.38 M
(57.72 M)
435.88 M
16 K
735.5 M
Operating Margin
N/A
0.0147
0.15
0.51
0.22
-0.27
0.082
0.0595
0.19
Current Valuation
N/A
99.94 M
28.27 B
5.17 B
64.25 M
359.69 M
3.36 B
100.75 M
8.55 B
Price To Book
N/A
0.35
1.92
1.06
1.89
1.35
1.28
2.06
1.25
Retained Earnings
N/A
N/A
6.78 B
(440.73 M)
(162.33 M)
(561.2 M)
(2.26 B)
(69.91 M)
1.16 B
Current Asset
N/A
N/A
12.58 B
N/A
11.56 M
N/A
N/A
16.06 M
822.15 M
Five Year Return
N/A
N/A
3.23
N/A
N/A
N/A
N/A
N/A
3.17
Beta
N/A
0.11
1.39
1.14
0.76
1.02
1.92
0.86
0.68
Number Of Employees
N/A
16
51 K
74
172
676
3.2 K
295
2.87 K
Shares Outstanding
N/A
1.77 B
345.71 M
188.55 M
9.67 M
81.2 M
60.77 M
15.88 M
71.57 M
Cash Flow From Operations
N/A
5.68 M
(294 M)
271.07 M
9 M
(202.74 M)
234.02 M
4.71 M
944.4 M
Annual Yield
N/A
1.5
N/A
0.0686
N/A
N/A
N/A
N/A
0.0428
Total Debt
N/A
13.51 M
7.43 B
1.91 B
7.13 M
208.82 M
2.53 B
1.62 M
4.4 B
Return On Equity
N/A
-0.0021
0.0332
0.0462
0.16
-0.0396
-0.0268
0.058
0.0783
Z Score
N/A
3.6
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
0.0024
0.0404
0.0247
0.0904
-0.11
0.0188
0.0043
0.03
Book Value Per Share
N/A
0.039
33.65
15.91
4.22
1.55
14.45
5.39
48.15
Number Of Shares Shorted
N/A
N/A
21.74 M
3.89 M
11.06 K
30.56 K
1.36 M
3.69 K
1.95 M
Current Liabilities
N/A
N/A
6.95 B
N/A
12.92 M
N/A
N/A
6.42 M
422.03 M
Total Asset
N/A
83.67 M
24.19 B
5.27 B
49.94 M
460.06 M
5.23 B
107.53 M
9.62 B
Debt To Equity
N/A
0.25
0.61
0.62
0.54
1.43
2.96
0.019
1.5
Last Dividend Paid
N/A
0.031
N/A
1.15
N/A
N/A
N/A
N/A
2.58
Short Ratio
N/A
N/A
4.31
3.42
0.42
1.22
2.61
0.22
3.69
Target Price
N/A
N/A
89.81
19.13
7.0
15.85
21.17
16.0
65.67
Shares Owned By Institutions
N/A
N/A
96.17
81.47
7.58
1.16
53.74
49.27
86.0
Market Capitalization
N/A
87.23 M
22.35 B
3.33 B
78.82 M
311.41 M
1.12 B
190.11 M
4.3 B
Price To Earning
N/A
N/A
31.52
29.41
18.21
N/A
N/A
28.2
19.38
Price To Earnings To Growth
N/A
N/A
490.33
N/A
N/A
N/A
N/A
11.08
3.04
Price To Sales
N/A
0.57
1.56
7.85
1.74
1.96
0.66
3.39
2.03
Net Income
N/A
(1.52 M)
(798 M)
163.31 M
7.78 M
(101.43 M)
(20.25 M)
3.71 M
262.2 M
Earnings Per Share
N/A
-0.001
0.91
0.75
0.59
-0.13
-0.39
0.46
3.69
Shares Owned By Insiders
N/A
76.2
0.32
1.08
65.51
N/A
24.08
22.78
0.55
Revenue
N/A
24.98 M
13 B
442.89 M
44.72 M
153.71 M
1.6 B
51.6 M
2.33 B
Working Capital
N/A
N/A
1.97 B
63.6 M
18.01 M
103.96 M
193.82 M
68.66 M
(358.5 M)
Cash And Equivalents
N/A
33.28 M
2.05 B
21.79 M
8.43 M
336.22 M
220.19 M
73.06 M
21.43 M
Cash Per Share
N/A
0.02
6.45
0.25
0.88
5.74
0.3
5.05
0.16
Gross Profit
N/A
3.42 M
5.87 B
385.74 M
11.35 M
(68.06 M)
882.11 M
33.34 M
772.84 M
Day Typical Price
0.16
0.04
65.07
16.91
7.96
3.72
18.01
11.85
60.26
Accumulation Distribution
1792.29
N/A
77077.43
0.0118
239.76
2448.1
14011.64
2232.38
9268.0
Market Facilitation Index
N/A
N/A
N/A
0.2
0.0
0.0
0.0
0.0
0.0
Daily Balance Of Power
3.0
0.0
(0.46)
(0.20)
0.6429
(0.52)
(0.45)
0.3478
(0.59)
Period Momentum Indicator
0.03
N/A
(0.66)
(0.04)
0.18
(0.12)
(0.39)
0.16
(0.72)
Rate Of Daily Change
1.23
1.0
0.99
1.0
1.02
0.97
0.98
1.01
0.99
Day Median Price
0.17
0.04
65.29
16.92
7.96
3.74
17.96
11.79
60.36
Price Action Indicator
0.01
N/A
(0.98)
(0.04)
0.1
(0.11)
(0.06)
0.26
(0.66)
Coefficient Of Variation
582.59
N/A
5926.74
(761.43)
276961.17
(353.15)
(1,443)
846.72
(26,137)
Mean Deviation
14.73
N/A
1.73
0.7066
3.85
2.16
2.1
2.52
0.8344
Jensen Alpha
4.21
N/A
(0.05)
(0.14)
0.0218
(0.79)
(0.38)
0.3724
(0.06)
Total Risk Alpha
2.16
N/A
(0.15)
(0.20)
(0.40)
(0.99)
(0.59)
0.1268
(0.10)
Sortino Ratio
0.2596
N/A
(0.01)
N/A
(0.01)
N/A
N/A
0.0854
N/A
Downside Variance
234.55
N/A
4.31
N/A
24.78
N/A
N/A
16.97
N/A
Standard Deviation
23.55
N/A
2.3
0.9174
4.88
2.71
3.89
3.55
1.09
Kurtosis
6.4
N/A
0.8617
0.7562
0.1708
(0.19)
26.42
1.69
0.1194
Potential Upside
70.0
N/A
4.61
1.2
9.41
3.6
5.2
5.4
2.11
Treynor Ratio
(1.28)
N/A
0.0202
(0.86)
0.0159
(3.78)
(0.16)
0.6344
(0.02)
Maximum Drawdown
116.32
N/A
12.35
5.03
22.6
11.78
31.72
21.11
4.6
Variance
554.81
N/A
5.28
0.8416
23.82
7.36
15.14
12.63
1.2
Market Risk Adjusted Performance
(1.27)
N/A
0.0302
(0.85)
0.0259
(3.77)
(0.15)
0.6444
(0.01)
Risk Adjusted Performance
0.1341
N/A
0.0191
(0.09)
0.0088
(0.20)
(0.04)
0.0936
6.0E-4
Skewness
2.31
N/A
0.4797
(0.38)
0.1884
(0.15)
(3.98)
(0.29)
0.6064
Semi Deviation
10.12
N/A
2.04
N/A
4.82
N/A
N/A
3.68
N/A
Information Ratio
0.1688
N/A
(0.01)
(0.21)
(0.01)
(0.31)
(0.09)
0.0991
(0.07)
Value At Risk
(21.43)
N/A
(2.71)
(1.71)
(7.61)
(5.86)
(3.25)
(5.39)
(1.65)
Expected Short fall
(30.23)
N/A
(1.88)
N/A
(3.85)
N/A
N/A
(2.54)
N/A
Downside Deviation
15.32
N/A
2.08
N/A
4.98
N/A
N/A
4.12
N/A
Semi Variance
102.39
N/A
4.14
N/A
23.23
N/A
N/A
13.51
N/A

Andretti Acquisition Competition Performance Charts

Five steps to successful analysis of Andretti Acquisition Competition

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

In addition to having Andretti Acquisition 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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Data Storage Theme
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Additional Tools for Andretti Stock Analysis

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