Waystream Competitors
| WAYS Stock | SEK 39.40 -0.30 -0.76% |
Pair Correlation for Waystream Holding and Rolling Optics Snapshot
Pay attention - limited upside
For the present investment horizon, the measured correlation between WAYS and RO stands at -0.74, or Pay attention - limited upside. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
Moving against Waystream Stock
The degree to which Waystream Holding's exhibits mean reversion depends on how efficiently the market prices new information. In highly covered equities, the mean reversion window tends to be shorter.
Waystream Holding Competition Correlation Matrix
Correlation analysis between Waystream Holding AB and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Waystream Stock performing well and Waystream Holding 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 Waystream Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TAGM-B | 2.71 | 0.76 | 0.25 | 2.65 | 2.44 | 7.39 | 17.15 | |||
| MAVEN | 2.76 | -0.46 | 0.00 | -0.42 | 0.00 | 5.73 | 28.41 | |||
| BINERO | 1.03 | 0.00 | 0.02 | -0.02 | 1.51 | 2.68 | 15.73 | |||
| GREAT | 3.38 | -0.38 | 0.00 | 1.15 | 0.00 | 9.63 | 40.30 | |||
| MEAB-B | 1.78 | 0.14 | 0.08 | 0.21 | 1.97 | 4.49 | 14.61 | |||
| BEAMMW-B | 2.94 | 0.07 | 0.03 | -1.60 | 3.13 | 8.14 | 19.30 | |||
| STAR-B | 1.78 | -0.54 | 0.00 | 1.93 | 0.00 | 2.86 | 19.09 | |||
| CFISH | 4.07 | 0.46 | 0.12 | 4.59 | 3.94 | 9.84 | 44.35 | |||
| MAGI | 2.57 | -0.56 | 0.00 | -1.27 | 0.00 | 4.10 | 26.84 | |||
| RO | 5.80 | 0.38 | 0.03 | 0.12 | 7.03 | 27.27 | 54.57 |
Waystream Holding Competitive Analysis
Placing Waystream Holding next to TagMaster, Maven Wireless, and Binero Group puts raw numbers into competitive context. A 674.3 M valuation paired with 91.6 M in revenue sets the baseline. Profitability stands at a 13.85% net margin with return on equity reaching 28.93%. TagMaster leads on revenue, 326.9 M to 91.6 M, a substantial gap. On equity returns, Waystream Holding earns 28.93% compared to -10.43% at Maven Wireless. Waystream Holding dwarfs Binero Group on market cap at 674.3 M versus 117.2 M.| Better Than Average | Worse Than Peers | View Performance Chart |
Peer Performance Charts
How to Analyze Waystream Holding Against Peers
Waystream Holding's peer analysis compares Waystream Holding with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Waystream Holding trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Waystream Holding leads or lags and what catalysts could close or widen the gap.