Brightstar Competitors
| BRSL Stock | 14.28 0.16 1.13% |
Brightstar Lottery vs Harley Davidson Correlation
Poor diversification
The correlation between Brightstar Lottery PLC and HOG is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brightstar Lottery PLC and HOG in the same portfolio, assuming nothing else is changed.
Moving together with Brightstar Stock
Moving against Brightstar Stock
| 0.87 | EC | Ecopetrol SA ADR | PairCorr |
| 0.49 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.44 | PTAIY | Astra International Tbk Downward Rally | PairCorr |
| 0.32 | TLK | Telkom Indonesia Tbk | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brightstar Lottery'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.
Brightstar Lottery Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Brightstar Lottery 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 Brightstar 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 Brightstar Lottery PLC does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Brightstar Stock performing well and Brightstar Lottery 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 Brightstar Lottery'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RRR | 1.47 | 0.22 | 0.13 | 0.28 | 1.59 | 4.60 | 10.59 | |||
| HGV | 1.68 | 0.07 | 0.07 | 0.12 | 1.71 | 3.31 | 9.78 | |||
| PENN | 2.21 | (0.47) | 0.00 | (0.12) | 0.00 | 5.35 | 13.97 | |||
| CZR | 2.12 | (0.10) | (0.02) | 0.02 | 2.57 | 5.36 | 16.47 | |||
| REAL | 2.99 | 0.06 | 0.05 | 0.10 | 3.24 | 4.47 | 45.94 | |||
| PATK | 1.37 | 0.43 | 0.28 | 0.65 | 1.09 | 4.37 | 8.35 | |||
| MHO | 1.48 | 0.10 | 0.06 | 0.16 | 1.48 | 4.51 | 10.17 | |||
| PII | 1.80 | (0.02) | 0.02 | 0.07 | 1.86 | 4.43 | 10.57 | |||
| ANF | 3.13 | 0.48 | 0.14 | 0.32 | 3.56 | 5.90 | 55.23 | |||
| HOG | 1.46 | (0.50) | 0.00 | (0.32) | 0.00 | 2.61 | 8.88 |
Cross Equities Net Income Analysis
Compare Brightstar Lottery PLC and related stocks such as Red Rock Resorts, Hilton Grand Vacations, and Penn National Gaming Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RRR | 21.1 M | 21.1 M | 21.1 M | (95 M) | 100.5 M | 137.7 M | 92 M | 35.2 M | 157.5 M | (3.4 M) | (150.4 M) | 241.8 M | 205.5 M | 176 M | 154.1 M | 177.2 M | 90.8 M |
| HGV | 128 M | 128 M | 128 M | 128 M | 167 M | 174 M | 168 M | 327 M | 298 M | 216 M | (201 M) | 176 M | 352 M | 313 M | 47 M | 54 M | 51.3 M |
| PENN | 1.3 M | 242.4 M | 212 M | (794.3 M) | (233.2 M) | 686 K | 109.3 M | 502.9 M | 93.5 M | 43.9 M | (669.5 M) | 420.8 M | 222.1 M | (490 M) | (311.5 M) | (280.4 M) | (266.3 M) |
| CZR | 154 M | (50.4 M) | (991 K) | 18.9 M | (14.4 M) | 114.2 M | 24.5 M | 73.4 M | 95 M | 81 M | (1.8 B) | (1 B) | (899 M) | 786 M | (278 M) | (250.2 M) | (237.7 M) |
| REAL | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (52.3 M) | (75.8 M) | (98.4 M) | (175.8 M) | (236.1 M) | (196.4 M) | (168.5 M) | (134.2 M) | (120.8 M) | (126.8 M) |
| PATK | 1.3 M | 8.5 M | 28.1 M | 24 M | 30.7 M | 42.2 M | 55.6 M | 85.7 M | 119.8 M | 89.6 M | 97.1 M | 224.9 M | 328.2 M | 142.9 M | 138.4 M | 135.1 M | 141.8 M |
| MHO | 16.1 M | (33.9 M) | 13.3 M | 151.4 M | 50.8 M | 51.8 M | 56.6 M | 72.1 M | 107.7 M | 127.6 M | 239.9 M | 396.9 M | 490.7 M | 465.4 M | 563.7 M | 402.9 M | 423.1 M |
| PII | 1.4 M | 227.6 M | 312.3 M | 377.3 M | 454 M | 455.4 M | 212.9 M | 172.5 M | 335.3 M | 324 M | 124.8 M | 493.9 M | 589.7 M | 502.8 M | 110.8 M | (465.5 M) | (442.2 M) |
| ANF | 24.7 M | 127.7 M | 263.2 M | 54.6 M | 51.8 M | 35.6 M | 4 M | 7.1 M | 74.5 M | 39.4 M | (114 M) | 263 M | 2.8 M | 328.1 M | 566.2 M | 509.6 M | 535.1 M |
| HOG | 2.6 M | 599.1 M | 623.9 M | 734 M | 844.6 M | 752.2 M | 692.2 M | 521.8 M | 531.5 M | 423.6 M | 1.3 M | 650 M | 741.4 M | 706.6 M | 455.4 M | 523.7 M | 446 M |
Brightstar Lottery PLC and related stocks such as Red Rock Resorts, Hilton Grand Vacations, and Penn National Gaming Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Brightstar Lottery PLC financial statement analysis. It represents the amount of money remaining after all of Brightstar Lottery PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Brightstar Lottery Competitive Analysis
The better you understand Brightstar Lottery competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Brightstar Lottery'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 Brightstar Lottery'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 |
Brightstar Lottery Competition Performance Charts
Five steps to successful analysis of Brightstar Lottery Competition
Brightstar Lottery'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 Brightstar Lottery PLC in relation to its competition. Brightstar Lottery's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Brightstar Lottery 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 Brightstar Lottery's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Brightstar Lottery PLC, 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.
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Check out Brightstar Lottery Correlation with its peers. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Gambling space 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 Brightstar Lottery. Projected growth potential of Brightstar fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Brightstar Lottery assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Dividend Share 0.8 |
Investors evaluate Brightstar Lottery PLC using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Brightstar Lottery's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Brightstar Lottery's market price to deviate significantly from intrinsic value.
It's important to distinguish between Brightstar Lottery's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Brightstar Lottery should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Brightstar Lottery's market price signifies the transaction level at which participants voluntarily complete trades.
