A2Z Competitors
AZ Stock | USD 0.44 0.04 10.00% |
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A2Z |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of A2Z Smart'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.
A2Z Smart Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between A2Z Smart 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 A2Z 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 A2Z Smart Technologies 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 A2Z Stock performing well and A2Z Smart 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 A2Z Smart'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ISSC | 2.62 | (0.35) | 0.00 | (0.26) | 0.00 | 3.27 | 29.62 | |||
NPK | 1.02 | (0.10) | 0.00 | (0.12) | 0.00 | 1.78 | 6.46 | |||
HXL | 1.33 | (0.17) | 0.00 | (0.06) | 0.00 | 2.35 | 14.11 | |||
PKE | 1.37 | (0.13) | 0.00 | (0.08) | 0.00 | 2.55 | 7.95 | |||
DCO | 1.25 | 0.25 | 0.16 | 0.23 | 1.22 | 2.46 | 18.67 | |||
AIRI | 4.65 | (0.16) | 0.00 | (0.12) | 0.00 | 9.38 | 48.92 | |||
CVU | 2.13 | (0.14) | 0.00 | (0.27) | 0.00 | 4.62 | 15.84 | |||
AIR | 1.05 | 0.07 | 0.03 | 0.12 | 1.64 | 1.98 | 7.93 | |||
MRCY | 1.74 | 0.04 | 0.02 | 0.06 | 1.83 | 3.79 | 9.12 |
Cross Equities Net Income Analysis
Compare A2Z Smart Technologies and related stocks such as Innovative Solutions and, National Presto Indu, and Hexcel Net Income Over Time
Select Fundamental2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISSC | 4.2 M | 3 M | 1.9 M | 200.3 K | (4.7 M) | 2 M | 4.6 M | (3.7 M) | 1.9 M | 3.3 M | 5.1 M | 5.5 M | 6 M | 5.4 M | 5.7 M |
NPK | 16.5 M | 48 M | 38.9 M | 41.3 M | 26.5 M | 40.5 M | 44.6 M | 53 M | 39.9 M | 42.2 M | 47 M | 25.7 M | 20.7 M | 34.6 M | 31.9 M |
HXL | 7.7 M | 135.5 M | 164.3 M | 187.9 M | 209.4 M | 237.2 M | 249.8 M | 284 M | 276.6 M | 306.6 M | 31.7 M | 16.1 M | 126.3 M | 105.7 M | 69.6 M |
PKE | 4.4 M | 23.4 M | 17 M | (42.3 M) | 20 M | 18 M | 9.3 M | 20.6 M | 113.5 M | 9.6 M | 4.9 M | 8.5 M | 10.7 M | 12.3 M | 16.2 M |
DCO | (3.9 M) | (47.6 M) | 16.4 M | 9.3 M | 19.9 M | (73.3 M) | 25.3 M | 20.1 M | 9 M | 32.5 M | 29.2 M | 135.5 M | 28.8 M | 15.9 M | 11.9 M |
AIRI | 28.3 K | 2.2 M | 2.5 M | 3.7 M | 667 K | (832 K) | (15.6 M) | (15.9 M) | (9.6 M) | (2.6 M) | 1.1 M | (43 K) | (759 K) | (2.1 M) | (2.2 M) |
CVU | 800 K | 7.4 M | 11 M | 7.7 M | (25.2 M) | 5 M | (3.6 M) | 5.8 M | 2.2 M | (4.5 M) | (1.3 M) | 6.8 M | 9.2 M | 17.2 M | 18.1 M |
AIR | 11.5 M | 67.7 M | 55 M | 72.9 M | 10.2 M | 47.7 M | 56.5 M | 15.6 M | 7.5 M | 24.8 M | 35.8 M | 78.7 M | 90.2 M | 103.7 M | 108.9 M |
MRCY | 8.7 M | 22.6 M | (13.2 M) | (11.4 M) | 10.4 M | 19.7 M | 24.9 M | 40.9 M | 46.8 M | 85.7 M | 62 M | 11.3 M | (28.3 M) | (32.6 M) | (31 M) |
A2Z Smart Technologies and related stocks such as Innovative Solutions and, National Presto Indu, and Hexcel Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in A2Z Smart Technologies financial statement analysis. It represents the amount of money remaining after all of A2Z Smart Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.A2Z Smart Competitive Analysis
The better you understand A2Z Smart competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, A2Z Smart'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 A2Z Smart'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 |
A2Z Smart Competition Performance Charts
Five steps to successful analysis of A2Z Smart Competition
A2Z Smart'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 A2Z Smart Technologies in relation to its competition. A2Z Smart's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of A2Z Smart 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 A2Z Smart's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to A2Z Smart Technologies, 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 A2Z Smart position
In addition to having A2Z Smart 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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Precious Metals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 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 Precious Metals Theme or any other thematic opportunities.
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Check out A2Z Smart Correlation with its peers. Note that the A2Z Smart Technologies information on this page should be used as a complementary analysis to other A2Z Smart's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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When running A2Z Smart's price analysis, check to measure A2Z Smart'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 A2Z Smart is operating at the current time. Most of A2Z Smart's value examination focuses on studying past and present price action to predict the probability of A2Z Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A2Z Smart's price. Additionally, you may evaluate how the addition of A2Z Smart to your portfolios can decrease your overall portfolio volatility.
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Is A2Z Smart's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of A2Z Smart. If investors know A2Z will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about A2Z Smart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 0.327 | Quarterly Revenue Growth (0.66) | Return On Assets (1.06) | Return On Equity (62.27) |
The market value of A2Z Smart Technologies is measured differently than its book value, which is the value of A2Z that is recorded on the company's balance sheet. Investors also form their own opinion of A2Z Smart's value that differs from its market value or its book value, called intrinsic value, which is A2Z Smart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because A2Z Smart's market value can be influenced by many factors that don't directly affect A2Z Smart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between A2Z Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine if A2Z Smart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A2Z Smart's 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.