Etrion Competitors

ETRXF -  USA Stock  

USD 0.02  0.00  0.00%

Etrion Corp competes with Cez AS; as well as few others. The company classifies itself under Utilities sector and is part of Utilities—Renewable industry. Analyzing Etrion Corp 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 Etrion Corp 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 Etrion Corp competition on your existing holdings. Continue to Etrion Corp Correlation with its peers.

Etrion Competition 

 
Refresh

Specify up to 10 symbols:

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Etrion Corp'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 Etrion Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.0217.07
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.019217.07
Details
Naive
Forecast
LowNext ValueHigh
0.0005070.02533317.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0141780.0238710.033564
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Etrion Corp. Your research has to be compared to or analyzed against Etrion Corp's peers to derive any actionable benefits. When done correctly, Etrion Corp'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 Etrion Corp.

Etrion Corp Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Etrion Corp 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 Etrion 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 Etrion Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Etrion Corp Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Etrion Corp stock performing well and Etrion Corp 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 Etrion Corp'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.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR
 1.93 (0.55)  0.00 (0.46)  0.00 (0.22)  0.00  3.00 (4.47)  15.15 
MSFT
 0.89  0.16  0.14  0.16  1.06  0.13 (1.00)  2.17 (1.86)  6.65 
UBER
 2.32  0.06  0.01  0.00  2.62  0.0107 (2.48)  5.02 (3.71)  16.70 
F
 1.86  0.71  0.42  0.57  1.26  0.29 (2.49)  5.12 (2.47)  12.55 
T
 0.95 (0.20)  0.00 (0.25)  0.00 (0.16)  0.00  1.65 (2.31)  6.80 
A
 1.07 (0.20)  0.00 (0.34)  0.00 (0.13)  0.00  1.58 (2.90)  7.81 
CRM
 1.34  0.05  0.01 (0.01)  2.63  0.0133 (1.23)  2.80 (2.65)  18.95 
JPM
 0.99  0.07  0.05  0.02  1.14  0.0435 (1.24)  2.13 (2.10)  6.39 
MRK
 1.34  0.00  0.00 (0.03)  0.00  0.0081  0.00  2.41 (2.83)  18.24 
XOM
 1.37  0.25  0.14  0.15  1.56  0.14 (1.50)  2.96 (2.66)  8.21 

Etrion Corp Competitive Analysis

The better you understand Etrion Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Etrion Corp'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 Etrion Corp'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
ETR
CEZ
 0.00 
 0.02 
 5.02 
 17.15 
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Current Valuation
Cash Flow from Operations
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
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

Etrion Corp Competition Performance Charts

Complement your Etrion Corp position

In addition to having Etrion Corp 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?

Run Millennials Best Thematic Idea Now

Millennials Best
Millennials Best Theme
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. Millennials Best theme has 72 constituents.
View All  Next Launch Millennials Best
Continue to Etrion Corp Correlation with its peers. Note that the Etrion Corp information on this page should be used as a complementary analysis to other Etrion Corp'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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Etrion OTC Stock analysis

When running Etrion Corp price analysis, check to measure Etrion Corp'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 Etrion Corp is operating at the current time. Most of Etrion Corp's value examination focuses on studying past and present price action to predict the probability of Etrion Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etrion Corp's price. Additionally, you may evaluate how the addition of Etrion Corp to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Is Etrion Corp'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 Etrion Corp. If investors know Etrion 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 Etrion Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Etrion Corp is measured differently than its book value, which is the value of Etrion that is recorded on the company's balance sheet. Investors also form their own opinion of Etrion Corp's value that differs from its market value or its book value, called intrinsic value, which is Etrion Corp'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 Etrion Corp's market value can be influenced by many factors that don't directly affect Etrion Corp'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 Etrion Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Etrion Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etrion Corp'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.