Turtle Competitors

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Turtle Beach'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. Please use the tools below to analyze the current value of Turtle Beach in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.518.5413.57
Details
Intrinsic
Valuation
LowReal ValueHigh
7.7014.5419.57
Details
Naive
Forecast
LowNext ValueHigh
3.028.0613.09
Details
5 Analysts
Consensus
LowTarget PriceHigh
27.0034.0040.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Turtle Beach. Your research has to be compared to or analyzed against Turtle Beach's peers to derive any actionable benefits. When done correctly, Turtle Beach's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Turtle Beach Corp.

Turtle Beach Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Turtle Beach 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 Turtle 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 Turtle Beach Corp does not affect the price movement of the other competitor.

Related Correlations

HBBHF
CLWY
HVT
FND
YGTYF
ARHS
HBBHF
0.00.00.00.00.0
HBBHF
CLWY
0.0-0.81-0.320.0-0.75
CLWY
HVT
0.0-0.810.230.00.82
HVT
FND
0.0-0.320.230.00.42
FND
YGTYF
0.00.00.00.00.0
YGTYF
ARHS
0.0-0.750.820.420.0
ARHS
HBBHF
CLWY
HVT
FND
YGTYF
ARHS
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

Nowadays, there is a big difference between Turtle Stock performing well and Turtle Beach company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Turtle Beach's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Turtle Beach Corp and related stocks such as HORNBACH Holding, Calloways Nursery, Haverty Furniture, Floor Decor Holdings, SSLJ, and Arhaus Inc Net Income Over Time
Select Fundamental

2010201120122013201420152016201720182019202020212022
HVT8.4 M15.5 M14.9 M32.3 M8.6 M27.8 M28.4 M21.1 M30.3 M21.9 M59.1 M90.8 M98 M
FND15.1 M15.1 M15.1 M15.1 M150.6 M26.8 M150.6 M150.6 M150.6 M283.2 M195 M175.5 M141.5 M

Turtle Beach Corp and related stocks such as HORNBACH Holding, Calloways Nursery, Haverty Furniture, Floor Decor Holdings, SSLJ, and Arhaus Inc Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Turtle Beach Corp financial statement analysis. It represents the amount of money remaining after all of Turtle Beach Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Turtle Beach Competitive Analysis

The better you understand Turtle Beach competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Turtle Beach'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 Turtle Beach'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
HEARHBBHFCLWYHVTFNDYGTYFARHS
 4.25 
 8.56 
Turtle
 0.00 
 134.00 
HORNBACH
 0.00 
 14.00 
Calloways
 0.99 
 31.05 
Haverty
 0.08 
 75.80 
Floor
 0.00 
 0.0001 
SSLJ
 2.35 
 9.56 
Arhaus
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Net Asset
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Annual Yield
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Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
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Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Target Price
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
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Working Capital
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Turtle Beach Competition Performance Charts

Complement your Turtle Beach position

In addition to having Turtle Beach 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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Tech Funds
Tech Funds Theme
Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. The Tech Funds theme has 40 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 Tech Funds Theme or any other thematic opportunities.
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Please check Turtle Beach Correlation with its peers. Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Turtle Beach Corp price analysis, check to measure Turtle Beach'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 Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
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Is Turtle Beach'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 Turtle Beach. If investors know Turtle 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 Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.73) 
Market Capitalization
148 M
Quarterly Revenue Growth YOY
(0.40) 
Return On Assets
(0.08) 
Return On Equity
(0.26) 
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach'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 Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach'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 Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine Turtle Beach value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach'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.
HEAR
 Stock
  

USD 8.56  0.38  4.25%   

Turtle Beach Corp competes with HORNBACH Holding, Calloways Nursery, Haverty Furniture, Floor Decor, and Arhaus; as well as few others. The company conducts business under Household Durables sector and is part of Consumer Discretionary industry. Analyzing Turtle Beach 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 Turtle Beach to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
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 Turtle Beach competition on your existing holdings. Please check Turtle Beach Correlation with its peers.
  
As of 12/10/2022, Return on Investment is likely to grow to 17.10. Also, Return on Average Assets is likely to grow to 8.81. Turtle Beach Total Assets are relatively stable at the moment as compared to the past year. Turtle Beach reported last year Total Assets of 230.5 Million. As of 12/10/2022, Current Assets is likely to grow to about 208.4 M, while Revenue to Assets are likely to drop 1.32.