Haymaker Competitors
| HYAC Stock | USD 11.38 0.01 0.09% |
Haymaker Acquisition vs Mountain Lake Correlation
Weak diversification
The correlation between Haymaker Acquisition Corp and MLAC is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Haymaker Acquisition Corp and MLAC in the same portfolio, assuming nothing else is changed.
Moving together with Haymaker Stock
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Moving against Haymaker Stock
Haymaker Acquisition Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Haymaker 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 Haymaker 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 Haymaker Acquisition Corp does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Haymaker Stock performing well and Haymaker 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 Haymaker 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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VACH | 0.10 | 0.02 | (0.18) | (0.33) | 0.00 | 0.28 | 0.94 | |||
| BEAG | 0.34 | (0.04) | 0.00 | (0.17) | 0.00 | 0.75 | 2.92 | |||
| GPAT | 0.08 | 0.00 | (0.19) | (0.08) | 0.02 | 0.19 | 0.94 | |||
| LPAA | 0.09 | 0.01 | (0.27) | (0.22) | 0.00 | 0.28 | 0.76 | |||
| LEGT | 0.29 | 0.01 | (0.06) | (0.08) | 0.54 | 0.46 | 4.86 | |||
| BLUW | 0.20 | 0.05 | (0.03) | (0.76) | 0.00 | 0.40 | 3.56 | |||
| TVA | 0.46 | (0.07) | 0.00 | (0.17) | 0.00 | 0.66 | 3.75 | |||
| GRAF | 0.22 | 0.00 | (0.11) | 0.00 | 0.30 | 0.47 | 2.60 | |||
| MLAC | 0.08 | (0.01) | 0.00 | (1.09) | 0.00 | 0.19 | 0.86 |
Haymaker Acquisition Competitive Analysis
The better you understand Haymaker Acquisition competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Haymaker 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 Haymaker 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 |
Haymaker Acquisition Competition Performance Charts
Five steps to successful analysis of Haymaker Acquisition Competition
Haymaker 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 Haymaker Acquisition Corp in relation to its competition. Haymaker Acquisition's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Haymaker 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 Haymaker Acquisition's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Haymaker 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.
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Check out Haymaker Acquisition Correlation with its peers.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Will Stock sector continue expanding? Could Haymaker diversify its offerings? Factors like these will boost the valuation of Haymaker Acquisition. Market participants price Haymaker higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Haymaker Acquisition data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Haymaker Acquisition Corp is measured differently than its book value, which is the value of Haymaker that is recorded on the company's balance sheet. Investors also form their own opinion of Haymaker Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Haymaker Acquisition's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Haymaker Acquisition's market value can be influenced by many factors that don't directly affect Haymaker Acquisition'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 Haymaker Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haymaker Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Haymaker Acquisition's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
