Etrion Competitors

ETRXF Stock

USD 0.0001 0.00 0.00%

Etrion competes with American Water, Middlesex Water, SJW, California Water, and York Water; as well as few others. The company classifies itself under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. Analyzing Etrion 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 to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Etrion Correlation with its peers.

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 competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Etrion'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.

Hype

Prediction

Low	Estimated	High
0.00	0.000093	50.01

Details

Intrinsic

Valuation

Low	Real	High
0.00	0.000096	50.01

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Etrion. Your research has to be compared to or analyzed against Etrion's peers to derive any actionable benefits. When done correctly, Etrion's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Etrion.

Etrion Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Etrion and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. 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 does not affect the price movement of the other competitor.

	AWK	MSEX	SJW	CWT	YORW	CWCO	AWR	WTRG
AWK		0.88	0.87	0.52	0.69	0.75	0.87	0.59	AWK
MSEX	0.88		0.97	0.48	0.73	0.9	0.96	0.46	MSEX
SJW	0.87	0.97		0.57	0.76	0.89	0.99	0.48	SJW
CWT	0.52	0.48	0.57		0.78	0.38	0.62	0.64	CWT
YORW	0.69	0.73	0.76	0.78		0.67	0.81	0.61	YORW
CWCO	0.75	0.9	0.89	0.38	0.67		0.87	0.39	CWCO
AWR	0.87	0.96	0.99	0.62	0.81	0.87		0.48	AWR
WTRG	0.59	0.46	0.48	0.64	0.61	0.39	0.48		WTRG
	AWK	MSEX	SJW	CWT	YORW	CWCO	AWR	WTRG

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Risk-Adjusted Indicators

There is a big difference between Etrion Pink Sheet performing well and Etrion 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 Etrion'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
AWK	1.11	(0.20)	(0.10)	1.69	(2.02)	6.04
MSEX	1.74	(0.38)	(0.20)	3.19	(4.30)	9.30
SJW	1.15	(0.28)	(0.17)	2.11	(2.55)	6.13
CWT	1.20	(0.13)	(0.03)	2.39	(1.71)	6.86
YORW	1.10	(0.12)	(0.02)	1.94	(2.01)	6.53
CWCO	1.65	(0.53)	(0.28)	2.38	(3.66)	16.89
AWR	1.05	(0.23)	(0.15)	1.92	(2.48)	6.05
WTRG	1.24	(0.16)	(0.04)	2.00	(2.70)	7.98

Etrion Competitive Analysis

The better you understand Etrion competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Etrion'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's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	ETRXF	AWK	MSEX	SJW	CWT	YORW	CWCO	AWR	WTRG
	0.00 0.0001 Etrion	0.62 119.26 American	0.04 48.02 Middlesex	0.33 54.09 SJW	0.74 45.45 California	1.00 35.42 York	0.82 24.25 Consolidated	0.40 68.97 American	1.30 35.90 Essential
Market Volatility (90 Days Market Risk)	Out of control	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Below Average	Low	Below Average	Below Average	Below Average	Low	Very Low	Below Average
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Fairly Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Buy	Strong Buy	Buy	Buy	Strong Buy	Strong Buy	Hold	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Hold	Cautious Hold	Hold	Strong Hold	Hold	Strong Hold	Strong Hold	Strong Hold
Current Ratio	11.01	0.59	0.5	0.5	1.05	0.69	5.62	0.37	0.76
Net Asset	21.16 M	30.3 B	1.24 B	4.43 B	4.7 B	601.45 M	219.57 M	2.25 B	16.84 B
Profit Margin	N/A	0.22	0.19	0.13	0.0653	0.33	0.16	0.21	0.24
EBITDA	100.85 M	2.36 B	68.67 M	258.54 M	185.07 M	41.28 M	43.75 M	252.44 M	1.04 B
Current Valuation	34.86 M	35.15 B	1.27 B	3.48 B	3.85 B	683.34 M	351.44 M	3.47 B	16.79 B
Price To Book	0.19	2.32	1.98	1.37	1.79	2.21	2.09	3.25	1.59
Operating Margin	N/A	0.3	0.23	0.21	0.13	0.38	0.25	0.29	0.37
Retained Earnings	N/A	1.66 B	176.23 M	495.38 M	549.57 M	85 M	85.15 M	512.93 M	1.71 B
Current Asset	N/A	657 M	24.41 M	73.38 M	127.58 M	11.58 M	65.43 M	132.7 M	N/A
Five Year Return	N/A	1.63	1.56	1.89	1.63	1.79	2.57	1.61	2.2
Beta	1.86	0.62	0.74	0.58	0.5	0.61	0.1	0.43	0.81
Number Of Employees	1	6.5 K	355	808	1.27 K	130	293	815	3.26 K
Shares Outstanding	334.09 M	194.82 M	17.81 M	32.06 M	57.75 M	14.33 M	15.83 M	37.23 M	273.52 M
Cash Flow From Operations	(7 M)	1.87 B	52.78 M	190.83 M	217.82 M	31.91 M	7.97 M	67.68 M	933.59 M
Annual Yield	N/A	0.0239	0.0271	0.0284	0.0245	0.024	0.0151	0.0248	0.0347
Total Debt	4.68 M	12.44 B	412.31 M	1.75 B	1.25 B	180.01 M	2.67 M	917.88 M	7.05 B
Return On Equity	-0.76	0.11	0.0762	0.0725	0.0373	0.11	0.17	0.17	0.0884
Z Score	13.2	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	-0.14	0.0331	0.0226	0.0229	0.0116	0.0324	0.12	0.0579	0.0267
Book Value Per Share	0.039	50.31	23.74	38.52	24.72	15.43	11.84	20.99	21.57
Number Of Shares Shorted	N/A	2.66 M	444.67 K	706.15 K	1.2 M	157.84 K	549.84 K	435.12 K	6.6 M
Current Liabilities	N/A	1.53 B	28.32 M	79.62 M	147.9 M	6.2 M	13.16 M	123.51 M	N/A
Total Asset	21.16 M	30.3 B	1.24 B	4.43 B	4.7 B	601.45 M	219.57 M	2.25 B	16.84 B
Debt To Equity	0.24	1.55	0.89	1.58	0.88	0.59	0.015	0.99	1.17
Short Ratio	N/A	1.59	2.69	3.49	3.42	2.24	3.63	1.79	3.54
Target Price	N/A	139.18	61.5	67.6	51.5	47.0	39.5	78.67	44.0
Last Dividend Paid	N/A	2.78	1.26	1.52	1.04	0.82	0.36	1.66	1.19
Shares Owned By Institutions	2.64	91.62	74.93	86.95	89.61	51.06	56.05	79.38	79.8
Market Capitalization	2.67 M	23.09 B	855.05 M	1.74 B	2.64 B	502.7 M	387.02 M	2.58 B	9.69 B
Price To Earning	0.1	38.22	43.4	35.07	27.53	35.81	26.96	45.25	28.79
Price To Earnings To Growth	N/A	2.92	10.95	3.46	2.7	7.71	2.37	6.85	2.27
Price To Sales	0.14	5.36	5.04	2.53	3.22	6.87	2.16	4.24	4.58
Net Income	103.26 M	944 M	31.52 M	84.99 M	51.91 M	23.76 M	30.67 M	124.92 M	498.23 M
Earnings Per Share	0.3	4.89	1.76	2.68	0.91	1.66	1.93	3.36	1.86
Shares Owned By Insiders	41.78	0.12	1.67	8.96	0.78	1.36	5.88	0.81	0.18
Revenue	N/A	4.23 B	166.27 M	670.36 M	794.63 M	71.03 M	180.21 M	595.7 M	2.05 B
Working Capital	N/A	(762 M)	4.71 M	(144.59 M)	(134.05 M)	(2.56 M)	88.81 M	39.35 M	(305.95 M)
Cash And Equivalents	16.16 M	85 M	4.32 M	13.19 M	62.1 M	2.64 M	51.09 M	6 M	12.98 M
Cash Per Share	0.05	0.53	0.25	0.44	1.66	0.19	3.34	0.06	0.05
Gross Profit	8.96 M	2.2 B	83.34 M	357.17 M	429.45 M	45.93 M	30.36 M	264.96 M	1.07 B
Day Typical Price	1.0E-4	118.91	47.98	54.11	45.47	35.34	24.36	68.86	35.75
Accumulation Distribution	N/A	22078.69	2607.34	2053.41	4943.91	694.65	4191.21	4137.35	46892.55
Daily Balance Of Power	0.0	0.3491	0.018	(0.20)	(0.60)	0.8974	(0.26)	(0.25)	0.5169
Period Momentum Indicator	N/A	0.74	0.02	(0.18)	(0.34)	0.35	(0.20)	(0.28)	0.46
Rate Of Daily Change	1.0	1.01	1.0	1.0	0.99	1.01	0.99	1.0	1.01
Day Median Price	1.0E-4	118.73	47.96	54.12	45.49	35.3	24.41	68.81	35.67
Price Action Indicator	N/A	0.9	0.075	(0.12)	(0.20)	0.3	(0.26)	0.02	0.46
Coefficient Of Variation	943.39	(1,331)	(803.69)	(776.51)	(6,544)	(7,621)	(581.74)	(940.21)	(3,344)
Mean Deviation	41.87	1.11	1.74	1.15	1.2	1.1	1.65	1.05	1.24
Jensen Alpha	22.16	(0.20)	(0.38)	(0.28)	(0.13)	(0.12)	(0.53)	(0.23)	(0.16)
Total Risk Alpha	(2.99)	(0.28)	(0.55)	(0.37)	(0.22)	(0.20)	(0.71)	(0.32)	(0.25)
Standard Deviation	173.43	1.38	2.17	1.45	1.53	1.38	2.38	1.35	1.56
Kurtosis	64.82	(0.06)	(0.17)	0.0371	0.5355	0.5844	3.97	0.07	0.2082
Potential Upside	N/A	1.69	3.19	2.11	2.39	1.94	2.38	1.92	2.0
Treynor Ratio	(0.37)	(0.10)	(0.20)	(0.17)	(0.03)	(0.02)	(0.28)	(0.15)	(0.04)
Maximum Drawdown	1493.33	6.04	9.3	6.13	6.86	6.53	16.89	6.05	7.98
Variance	30078.72	1.89	4.69	2.09	2.35	1.89	5.65	1.83	2.43
Market Risk Adjusted Performance	(0.36)	(0.09)	(0.19)	(0.16)	(0.02)	(0.01)	(0.27)	(0.14)	(0.03)
Risk Adjusted Performance	0.0748	(0.04)	(0.07)	(0.07)	(0)	(0)	(0.1)	(0.06)	(0.01)
Skewness	8.01	(0.06)	(0.36)	(0.33)	(0.13)	(0.35)	(0.39)	(0.15)	(0.53)
Information Ratio	0.1055	(0.14)	(0.16)	(0.19)	(0.07)	(0.08)	(0.21)	(0.17)	(0.08)
Value At Risk	N/A	(2.02)	(4.30)	(2.55)	(1.71)	(2.01)	(3.66)	(2.48)	(2.70)

Etrion Competition Performance Charts

Five steps to successful analysis of Etrion Competition

Etrion'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 Etrion in relation to its competition. Etrion's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Etrion 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 Etrion's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Etrion, 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.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Etrion position

In addition to having Etrion 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 34 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 Recreation Theme or any other thematic opportunities.

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Check out Etrion Correlation with its peers.

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Please note, there is a significant difference between Etrion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etrion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etrion'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.

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Etrion Competitors

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Etrion Competition Correlation Matrix

Risk-Adjusted Indicators

Etrion Competitive Analysis

Etrion Competition Performance Charts

Five steps to successful analysis of Etrion Competition

Complement your Etrion position

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Recreation

Complementary Tools for Etrion Pink Sheet analysis

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