Tevano Competitors

Pink Sheets . USA . 
Stock . Tevano Systems Holdings
Tevano Systems Holdings competes with GlucoTrack, Sharps Technology, Utah Medical, Innovative Eyewear, and Microbot Medical; as well as few others. The company classifies itself under Healthcare sector and is part of Medical Instruments & Supplies industry. Analyzing Tevano Systems 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 Tevano Systems to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Tevano Systems 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 Tevano Systems competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
0.000.0012.60
Details
Intrinsic
Valuation
LowRealHigh
0.000.0012.60
Details
Naive
Forecast
LowNextHigh
0.000089012.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.00250.010.01
Details

Tevano Systems Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tevano Systems and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Tevano 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 Tevano Systems Holdings does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
WHSI
+ 1.0
BLFE
TEVNF
+ 0.85
GCTK
MHUA
+ 0.83
GCTK
STSS
+ 0.79
CEOS
MHUA
+ 0.69
TEVNF
MHUA
+ 0.62
STSS
  
High negative correlations   
LUCY
- 0.64
CEOS
MHUA
- 0.57
MBOT
LUCY
- 0.48
STSS
MBOT
- 0.44
STSS
MBOT
- 0.32
GCTK
MBOT
- 0.3
TEVNF

Risk-Adjusted Indicators

There is a big difference between Tevano Pink Sheet performing well and Tevano Systems 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 Tevano Systems' 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
BLFE  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
CEOS  7.89  0.23  0.04  0.24  7.81 
(10.15)
 16.96 
(13.16)
 81.48 
GCTK  6.10 (2.68) 0.00 (0.85) 0.00 
 0.00 
 10.40 
(13.89)
 90.86 
STSS  4.72 (0.40) 0.00 (1.10) 0.00 
 0.00 
 9.29 
(10.13)
 34.02 
WHSI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
TEVNF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
UTMD  0.70 (0.18) 0.00 (0.08) 0.00 
 0.00 
 1.12 
(1.82)
 7.07 
LUCY  7.09  1.31  0.22  0.74  5.86 
(8.77)
 25.00 
(10.45)
 69.90 
MBOT  2.09  0.02 (0.02) 0.20  2.27 
(3.08)
 5.38 
(4.60)
 15.87 
MHUA  5.68 (0.63) 0.00 (0.37) 0.00 
 0.00 
 14.89 
(13.11)
 45.51 
All Fundamental Data

Tevano Systems Competitive Analysis

The better you understand Tevano Systems competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tevano Systems' 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 Tevano Systems' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
BLFE CEOS GCTK STSS WHSI UTMD LUCY MBOT MHUA
 0.00 
 0.0001 
BioLife
 3.57 
 0.03 
CeCors
 4.00 
 0.24 
GlucoTrack
 10.90 
 3.35 
Sharps
 0.00 
 0.0001 
Wearable
 0.21 
 65.39 
Utah
 3.75 
 6.92 
Innovative
 3.09 
 1.00 
Microbot
 1.89 
 0.52 
Meihua
Market Volatility
(90 Days Market Risk)
Very steady
Out of control
Out of control
Unstable
Very steady
Very steady
Very risky
Unstable
Out of control
Market Performance
(90 Days Performance)
Very Weak
Insignificant
Very Weak
Very Weak
Very Weak
Very Weak
OK
Modest
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Quite High
Very High
Very High
Very High
Average
Very Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Under Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Strong Buy
Not Available
Strong Sell
Buy
Buy
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Hold
Cautious Hold
Strong Sell
Strong Sell
Current Ratio
0.07
0.33
4.52
2.64
0.12
13.44
0.34
5.6
5.45
Net Asset
N/A
2.26 M
4.91 M
11.79 M
339.06 K
135.46 M
6.22 M
8.33 M
171.92 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
0.35
N/A
N/A
0.0985
EBITDA
N/A
(3.72 M)
(7.09 M)
(8.98 M)
(12.96 M)
24.75 M
(6.58 M)
(10.63 M)
15.77 M
Operating Margin
N/A
N/A
N/A
N/A
-10.12
0.38
-6.95
N/A
0.13
Current Valuation
1.01 M
87.7 K
3.9 M
6.62 M
9.9 M
133.15 M
12.77 M
12.25 M
7.06 M
Price To Book
N/A
N/A
21.4
1.04
N/A
1.78
1.49
4.33
0.0921
Retained Earnings
N/A
(33.91 M)
(109.85 M)
(25.15 M)
(14.2 M)
138.34 M
(16.97 M)
(79.5 M)
94.64 M
Current Asset
N/A
114 K
N/A
N/A
521 K
32.87 M
7.51 M
15.21 M
N/A
Five Year Return
N/A
N/A
N/A
N/A
N/A
1.2
N/A
N/A
N/A
Beta
0.0763
0.11
0.16
1.19
7.58
0.08
2.79
1.63
0.53
Number Of Employees
3
6
6
57
11
169
11
21
617
Shares Outstanding
N/A
N/A
8.21 M
1.8 M
1.53 B
3.39 M
2.44 M
16.93 M
26.09 M
Cash Flow From Operations
(106.55 K)
(6.88 M)
(6.56 M)
(8.51 M)
(3.11 M)
22.28 M
(5.77 M)
(8.53 M)
2.28 M
Annual Yield
N/A
0.045
N/A
N/A
N/A
0.0187
N/A
N/A
N/A
Total Debt
398 K
956.88 K
196 K
3.85 M
1.7 M
295 K
659.94 K
231 K
7.33 M
Return On Equity
N/A
-7.26
-5.41
-1.03
N/A
0.12
-0.87
-1.34
0.0642
Z Score
N/A
-24.3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
-1.8
-1.57
-0.52
-5.3
0.0818
-0.53
-0.65
0.042
Book Value Per Share
-0.002
-0.016
0.77
11.43
-0.001
36.1
4.51
0.38
5.73
Number Of Shares Shorted
N/A
N/A
257.74 K
60.04 K
N/A
55.26 K
98.08 K
586.82 K
401.93 K
Current Liabilities
N/A
343 K
N/A
N/A
1.29 M
4.07 M
5.78 M
9.83 M
N/A
Total Asset
N/A
2.26 M
4.91 M
11.79 M
339.06 K
135.46 M
6.22 M
8.33 M
171.92 M
Debt To Equity
N/A
N/A
0.06
0.56
N/A
0.003
N/A
0.067
0.038
Short Ratio
N/A
N/A
6.03
0.38
N/A
2.09
0.17
2.65
0.4
Target Price
N/A
N/A
N/A
352.0
0.2
N/A
14.0
7.0
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
1.2
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
0.95
4.02
N/A
73.64
3.51
7.46
8.7
Market Capitalization
11.45 K
14.15 K
2.04 M
5.81 M
9.8 M
221.3 M
16.3 M
16.5 M
14.35 M
Price To Earning
N/A
-0.05
N/A
N/A
1.13
31.38
N/A
-3.42
13.75
Price To Sales
0.001
N/A
N/A
N/A
6.39
5.02
10.44
N/A
0.15
Net Income
(456.87 K)
(9.3 M)
(7.1 M)
(9.84 M)
(13.05 M)
16.64 M
(6.66 M)
(10.74 M)
11.59 M
Earnings Per Share
-0.009
-0.41
-2.91
-8.24
0.01
4.28
-10.1
-0.79
0.37
Shares Owned By Insiders
N/A
N/A
34.97
3.7
66.89
6.89
51.5
1.42
56.47
Revenue
N/A
N/A
N/A
N/A
1.05 M
50.22 M
1.15 M
N/A
97.1 M
Working Capital
N/A
(229 K)
3.36 M
1.15 M
(772 K)
101.56 M
4.99 M
4.13 M
107.16 M
Cash And Equivalents
15.62 K
57.42 K
3.85 M
7.81 M
70.5 K
69.51 M
34.88 K
9.29 M
34.17 M
Cash Per Share
N/A
N/A
0.25
0.85
N/A
19.17
N/A
1.31
1.43
Gross Profit
N/A
N/A
(20 K)
N/A
477.48 K
32.2 M
148.25 K
N/A
37.97 M
Day Typical Price
1.0E-4
0.0268
0.24
3.55
1.0E-4
65.21
6.87
1.01
0.53
Accumulation Distribution
N/A
69243.97
74156.77
9134.83
N/A
182.32
1804.16
8335.91
16471.93
Market Facilitation Index
N/A
N/A
N/A
0.0
N/A
1.0E-4
0.0
N/A
N/A
Daily Balance Of Power
0.0
(0.21)
(0.33)
(0.59)
0.0
0.1591
0.7813
0.6
(0.25)
Period Momentum Indicator
N/A
(0)
(0.01)
(0.41)
N/A
0.14
0.25
0.03
(0.01)
Rate Of Daily Change
1.0
0.96
0.96
0.89
1.0
1.0
1.04
1.03
0.98
Day Median Price
1.0E-4
0.0267
0.25
3.65
1.0E-4
65.12
6.84
1.02
0.54
Price Action Indicator
N/A
(0.0001)
(0.01)
(0.50)
N/A
0.34
0.21
N/A
(0.03)
Coefficient Of Variation
N/A
2477.06
(505.66)
(2,031)
N/A
(1,918)
697.03
3995.6
(1,773)
Mean Deviation
N/A
7.89
6.1
4.72
N/A
0.7012
7.09
2.09
5.68
Jensen Alpha
N/A
0.2302
(2.68)
(0.40)
N/A
(0.18)
1.31
0.0229
(0.63)
Total Risk Alpha
N/A
(1.61)
(4.29)
(1.55)
N/A
(0.25)
(0.27)
(0.43)
(1.84)
Sortino Ratio
N/A
0.0422
N/A
N/A
N/A
N/A
0.2206
(0.02)
N/A
Downside Variance
N/A
77.98
N/A
N/A
N/A
N/A
43.69
8.8
N/A
Standard Deviation
N/A
12.64
11.72
7.11
N/A
1.07
11.12
2.99
8.21
Kurtosis
N/A
11.33
25.86
3.84
N/A
7.34
7.4
2.28
2.31
Potential Upside
N/A
16.96
10.4
9.29
N/A
1.12
25.0
5.38
14.89
Treynor Ratio
N/A
0.2364
(0.85)
(1.10)
N/A
(0.08)
0.7385
0.1975
(0.37)
Maximum Drawdown
N/A
81.48
90.86
34.02
N/A
7.07
69.9
15.87
45.51
Variance
N/A
159.81
137.42
50.6
N/A
1.15
123.73
8.93
67.46
Market Risk Adjusted Performance
N/A
0.2464
(0.84)
(1.09)
N/A
(0.07)
0.7485
0.2075
(0.36)
Risk Adjusted Performance
N/A
0.0403
(0.14)
(0.03)
N/A
(0.04)
0.119
0.0266
(0.03)
Skewness
N/A
2.7
(4.36)
(0.90)
N/A
1.72
2.25
0.9481
0.1667
Semi Deviation
N/A
7.81
N/A
N/A
N/A
N/A
5.86
2.27
N/A
Information Ratio
N/A
0.0295
(0.21)
(0.07)
N/A
(0.18)
0.1311
(0.02)
(0.07)
Value At Risk
N/A
(13.16)
(13.89)
(10.13)
N/A
(1.82)
(10.45)
(4.60)
(13.11)
Expected Short fall
N/A
(10.15)
N/A
N/A
N/A
N/A
(8.77)
(3.08)
N/A
Downside Deviation
N/A
8.83
N/A
N/A
N/A
N/A
6.61
2.97
N/A
Semi Variance
N/A
61.04
N/A
N/A
N/A
N/A
34.35
5.16
N/A

Tevano Systems Competition Performance Charts

Five steps to successful analysis of Tevano Systems Competition

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

In addition to having Tevano Systems 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 Aircraft Thematic Idea Now

Aircraft
Aircraft Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 45 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 Aircraft Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Tevano Pink Sheet

Tevano Systems financial ratios help investors to determine whether Tevano Pink Sheet 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 Tevano with respect to the benefits of owning Tevano Systems security.
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