Aces Competitors

Stocks Taiwan . 
Stock . Aces Electronics Co
3605 Stock  TWD 40.55  0.90  2.17%   
Aces Electronics competes with Cathay Financial, Cathay Financial, Cathay Financial, Fubon Financial, and Fubon Financial; as well as few others. The company operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. Analyzing Aces Electronics 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 Aces Electronics to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Aces Electronics 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 Aces Electronics competition on your existing holdings.
  
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aces Electronics' 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
37.1840.5543.92
Details
Intrinsic
Valuation
LowRealHigh
38.7142.0845.45
Details
Naive
Forecast
LowNextHigh
37.9641.3344.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
35.0940.2945.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aces Electronics. Your research has to be compared to or analyzed against Aces Electronics' peers to derive any actionable benefits. When done correctly, Aces Electronics' 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 Aces Electronics.

Aces Electronics Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aces Electronics 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 Aces 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 Aces Electronics does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
2891
+ 0.96
2882
2881B
+ 0.87
2882B
2891C
+ 0.76
2882B
2891
+ 0.76
2881A
2881A
+ 0.71
2882
2881A
+ 0.7
2882A
  
High negative correlations   
2882
- 0.85
2882B
2891C
- 0.81
2891
2891
- 0.81
2882B
2891C
- 0.78
2882
2881B
- 0.74
2882A
2881B
- 0.71
2882

Risk-Adjusted Indicators

There is a big difference between Aces Stock performing well and Aces Electronics 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 Aces Electronics' 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.

Aces Electronics Competitive Analysis

The better you understand Aces Electronics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aces Electronics' 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 Aces Electronics' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
3605 2882B 2882A 2882 2881A 2881B 2891 2891C 2888
 2.17 
 40.55 
Aces
 0.17 
 59.10 
Cathay
 0.17 
 60.60 
Cathay
 0.59 
 50.50 
Cathay
 0.16 
 62.30 
Fubon
 0.68 
 59.40 
Fubon
 0.44 
 34.10 
CTBC
 0.34 
 58.00 
CTBC
 1.48 
 8.63 
Shin
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Insignificant
Very Weak
Good
Good
Good
Very Weak
Good
Very Weak
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
About Average
Below Average
Below Average
Below Average
Below Average
Below Average
About Average
Above Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Under Valued
Over Valued
Fairly Valued
Under 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
Trade Advice
(90 Days Macroaxis Advice)
Buy
Sell
Strong Sell
Strong Buy
Strong Sell
Cautious Hold
Strong Buy
Cautious Hold
Sell
Current Ratio
2.03
1.19
1.19
0.6
1.61
N/A
N/A
0.29
4.52
Net Asset
12.87 B
11.59 T
11.59 T
11.59 T
10.5 T
10.5 T
7.08 T
7.08 T
4.69 T
Profit Margin
0.0405
0.13
0.13
0.13
0.18
0.18
0.15
0.15
0.0654
EBITDA
1.23 B
(235.56 B)
(235.56 B)
(235.56 B)
(75.23 B)
(75.23 B)
290.28 M
290.28 M
(143.26 B)
Operating Margin
0.0161
-0.42
-0.42
-0.42
-0.15
-0.15
-0.0073
-0.0073
-0.83
Current Valuation
5.73 B
(1.22 T)
(1.21 T)
(1.27 T)
(598.47 B)
(599.59 B)
(88.59 B)
N/A
(409.77 B)
Price To Book
0.77
N/A
N/A
1.96
N/A
N/A
1.38
N/A
0.78
Retained Earnings
2.16 B
N/A
N/A
N/A
N/A
N/A
54.09 B
N/A
30.18 B
Current Asset
4.28 B
N/A
N/A
N/A
N/A
N/A
644.55 B
N/A
353.37 B
Five Year Return
2.51
N/A
N/A
4.29
N/A
N/A
3.81
N/A
N/A
Beta
1.27
0.61
0.61
0.61
0.7
0.7
0.58
0.58
0.62
Number Of Employees
17
57.1 K
57.1 K
57.1 K
45.08 K
45.08 K
23.1 K
23.1 K
16.86 K
Shares Outstanding
134.42 M
12.5 B
12.5 B
14.67 B
10.23 B
10.23 B
19.58 B
19.5 B
15.49 B
Cash Flow From Operations
1.04 B
72.52 B
72.52 B
72.52 B
32.45 B
32.45 B
(34.19 B)
(34.19 B)
(11.54 B)
Annual Yield
0.0459
0.037
0.0404
0.0803
0.0399
0.0361
0.0557
0.0321
0.0462
Total Debt
2.06 B
429.04 B
429.04 B
272.56 B
553.44 B
N/A
548.17 B
313.96 B
125.04 B
Return On Equity
0.0819
0.12
0.12
0.12
0.14
0.14
0.11
0.11
0.0537
Z Score
1.2
0.6
0.6
1.2
N/A
N/A
N/A
0.6
0.6
Return On Asset
0.0084
-0.0129
-0.0129
-0.0129
-0.0048
-0.0048
-2.0E-4
-2.0E-4
-0.0191
Book Value Per Share
43.68
21.23
21.23
21.23
43.25
43.25
16.65
16.65
11.18
Current Liabilities
1.84 B
N/A
N/A
N/A
N/A
N/A
3.06 T
N/A
241.71 B
Total Asset
12.87 B
11.59 T
11.59 T
11.59 T
10.5 T
10.5 T
7.08 T
7.08 T
4.69 T
Debt To Equity
42.3
0.5
0.5
0.59
0.63
N/A
N/A
0.73
71.5
Target Price
73.8
N/A
N/A
49.2
N/A
N/A
27.19
N/A
9.75
Last Dividend Paid
1.5
3.5
3.5
3.5
3.33
3.33
1.25
1.25
0.43
Shares Owned By Institutions
1.89
0.24
0.01
20.27
N/A
0.28
33.03
0.57
11.99
Market Capitalization
4.48 B
493.1 B
471.73 B
639.58 B
429.07 B
435.36 B
448.48 B
412.96 B
134.9 B
Price To Earning
8.44
7.78
7.79
10.43
5.52
N/A
11.49
24.23
17.15
Price To Earnings To Growth
1.54
N/A
N/A
1.99
N/A
N/A
0.67
N/A
0.63
Price To Sales
0.41
0.81
0.82
0.94
0.78
0.75
1.6
1.48
0.79
Net Income
510.86 M
139.51 B
139.51 B
139.51 B
144.56 B
144.56 B
54.2 B
54.2 B
22.65 B
Earnings Per Share
2.77
8.58
8.58
5.11
11.92
11.92
2.0
2.55
0.68
Shares Owned By Insiders
32.6
N/A
N/A
36.05
N/A
N/A
7.52
N/A
14.8
Revenue
10.58 B
621.86 B
621.86 B
621.86 B
484.59 B
484.59 B
184.91 B
185.36 B
217.52 B
Working Capital
2.44 B
N/A
N/A
N/A
N/A
N/A
(2.41 T)
N/A
111.66 B
Cash And Equivalents
2.09 B
2.3 T
2.3 T
591.17 B
1.9 T
N/A
1.06 T
856.06 B
908.86 B
Cash Per Share
17.05
174.87
174.87
47.06
168.78
N/A
54.59
43.91
74.34
Gross Profit
2.43 B
325.74 B
325.74 B
325.74 B
289.62 B
289.62 B
233.85 B
233.85 B
90.31 B
Day Typical Price
41.0
59.03
60.57
50.73
62.23
59.27
34.27
58.03
8.67
Accumulation Distribution
41494.71
197.3
35.57
492213.0
164.76
1960.14
3.2 M
65.52
1.2 M
Market Facilitation Index
0.0
0.0
0.0
N/A
0.0
0.0
N/A
1.0E-4
N/A
Daily Balance Of Power
(0.62)
(0.25)
1.0
(0.43)
0.5
1.0
(0.14)
(0.40)
(0.81)
Period Momentum Indicator
(0.90)
(0.10)
0.1
(0.30)
0.1
0.4
(0.15)
(0.20)
(0.13)
Rate Of Daily Change
0.98
1.0
1.0
0.99
1.0
1.01
1.0
1.0
0.99
Day Median Price
41.23
59.0
60.55
50.85
62.2
59.2
34.35
58.05
8.69
Price Action Indicator
(1.13)
0.05
0.1
(0.50)
0.15
0.4
(0.32)
(0.15)
(0.12)
Relative Strength Index
45.17
41.17
71.84
51.09
52.88
31.64
52.29
45.65
46.35
Coefficient Of Variation
691.45
(972.31)
903.27
541.74
476.22
(1,482)
547.3
(903.64)
9747.53
Mean Deviation
2.37
0.1171
0.0791
0.8735
0.099
0.1205
1.06
0.1582
0.9141
Jensen Alpha
0.4429
(0.03)
0.0038
0.2022
0.0164
(0.03)
0.3014
(0.04)
0.0018
Total Risk Alpha
0.2156
(0.05)
(0.01)
0.1156
0.0071
(0.04)
0.1727
(0.06)
(0.09)
Sortino Ratio
0.1474
N/A
(0.24)
0.1358
(0.15)
N/A
0.2058
N/A
(0.05)
Downside Variance
8.25
N/A
0.0386
1.32
0.0445
N/A
1.55
N/A
1.06
Standard Deviation
3.34
0.1962
0.114
1.17
0.1289
0.2221
1.73
0.2543
1.21
Kurtosis
2.11
4.18
0.2239
0.9993
0.3269
5.35
14.51
6.09
3.09
Potential Upside
8.19
0.1686
0.1667
2.21
0.1631
0.3378
2.24
0.3436
2.05
Treynor Ratio
0.7765
(5.69)
(0.11)
2.92
1.24
(0.60)
3.23
(0.84)
0.1888
Maximum Drawdown
19.5
1.17
0.4986
5.45
0.6499
1.51
7.73
1.7
4.64
Variance
11.15
0.0385
0.013
1.37
0.0166
0.0493
2.99
0.0647
1.46
Market Risk Adjusted Performance
0.7865
(5.68)
(0.1)
2.93
1.25
(0.59)
3.24
(0.83)
0.1988
Risk Adjusted Performance
0.1008
(0.09)
0.0247
0.1229
0.0949
(0.06)
0.1235
(0.09)
0.0113
Skewness
0.598
(0.03)
(0.39)
0.4693
(0.49)
(0.39)
2.68
(1.65)
1.23
Semi Deviation
2.47
N/A
0.0
0.8135
0.0
N/A
0.9539
N/A
0.94
Information Ratio
0.1268
(0.41)
(0.41)
0.1337
(0.25)
(0.34)
0.1484
(0.34)
(0.04)
Value At Risk
(4.03)
(0.34)
(0.17)
(1.59)
(0.16)
(0.34)
(1.57)
(0.51)
(1.58)
Expected Short fall
(2.77)
N/A
(0.17)
(1.03)
(0.17)
N/A
(1.26)
N/A
(1.13)
Downside Deviation
2.87
N/A
0.1964
1.15
0.2109
N/A
1.25
N/A
1.03
Semi Variance
6.12
N/A
(0)
0.6617
(0.02)
N/A
0.91
N/A
0.8836

Aces Electronics Competition Performance Charts

Five steps to successful analysis of Aces Electronics Competition

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

In addition to having Aces Electronics 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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Education Theme
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education theme has 46 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 Education Theme or any other thematic opportunities.
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Check out Aces Electronics Correlation with its peers.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Aces Electronics' price analysis, check to measure Aces Electronics' 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 Aces Electronics is operating at the current time. Most of Aces Electronics' value examination focuses on studying past and present price action to predict the probability of Aces Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aces Electronics' price. Additionally, you may evaluate how the addition of Aces Electronics to your portfolios can decrease your overall portfolio volatility.
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Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Aces Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aces Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aces Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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