Atlantica Competitors

AY Stock  USD 18.48  0.30  1.65%   
Atlantica Sustainable competes with Excelerate Energy, Verde Clean, ReNew Energy, and Eco Wave; as well as few others. The company is active under Independent Power and Renewable Electricity Producers sector as part of Utilities industry. Analyzing Atlantica Sustainable 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 Atlantica Sustainable to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Atlantica Sustainable 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 Atlantica Sustainable competition on your existing holdings.
  
At this time, Atlantica Sustainable's Return On Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.03 in 2024, whereas Return On Capital Employed is likely to drop 0.03 in 2024. At this time, Atlantica Sustainable's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 8.1 B in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 6.8 B in 2024.
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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 Atlantica Sustainable'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
LowEstimatedHigh
16.8318.4320.03
Details
Intrinsic
Valuation
LowRealHigh
16.6322.3423.94
Details
Naive
Forecast
LowNextHigh
17.3918.9920.59
Details
12 Analysts
Consensus
LowTargetHigh
23.6626.0028.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atlantica Sustainable. Your research has to be compared to or analyzed against Atlantica Sustainable's peers to derive any actionable benefits. When done correctly, Atlantica Sustainable'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 Atlantica Sustainable.

Atlantica Sustainable Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Atlantica Sustainable 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 Atlantica 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 Atlantica Sustainable does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RNWWWAY
FLNCRNWWW
FLNCAY
ENLTAY
NRGVENLT
NRGVAY
  
High negative correlations   
FLNCVGAS
RNWWWVGAS
VGASAY
WAVEEE
ENLTVGAS
WAVEVGAS

Risk-Adjusted Indicators

There is a big difference between Atlantica Stock performing well and Atlantica Sustainable 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 Atlantica Sustainable'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.

Cross Equities Net Income Analysis

Compare Atlantica Sustainable and related stocks such as Excelerate Energy, Advent Technologies, and Verde Clean Fuels Net Income Over Time
Select Fundamental
201020112012201320142015201620172018201920202021202220232024
AY1.3 M1.3 M1.3 M(3.4 M)(31.6 M)(209 M)(4.9 M)(111.8 M)41.6 M62.1 M16.9 M(10.9 M)(2.1 M)43.4 M45.5 M
EE(28.2 M)103.5 M90.8 M88.6 M91.4 M81.9 M96.8 M98.3 M84.3 M54.8 M38.8 M41.1 M80 M30.4 M28.9 M
ADNWW307.6 K307.6 K307.6 K307.6 K307.6 K307.6 K307.6 K307.6 K307.6 K2.9 M(993.9 K)(20.5 M)(74.3 M)(93.3 M)(88.6 M)
VGAS(3.5 K)(3.5 K)(3.5 K)(3.5 K)(3.5 K)(3.5 K)(3.5 K)(3.5 K)(3.5 K)(3.5 K)(3.5 K)(12.9 M)17.8 M(3 M)(2.8 M)
RNWWW2.6 B2.6 B2.6 B2.6 B2.6 B2.6 B2.6 B2.6 B2.6 B(2.7 B)(7.8 B)(16.1 B)(5 B)(4.5 B)(4.8 B)
WAVE(963.2 K)(963.2 K)(963.2 K)(963.2 K)(963.2 K)(963.2 K)(963.2 K)(963.2 K)(852.8 K)(2 M)(2.2 M)(2.4 M)(2.1 M)(1.9 M)(2 M)
ENLT(1.7 M)(6.5 M)12.4 M21.2 M52.2 M15.6 M3.9 M1.1 M2.6 M12 M(141 M)70 M24.7 M22.3 M23.4 M
NRGV(10.1 M)(10.1 M)(10.1 M)(10.1 M)(10.1 M)(10.1 M)(10.1 M)(10.1 M)(10.1 M)(10.1 M)(24.2 M)(31.3 M)(78.3 M)(98.4 M)(93.5 M)
FLNC(47 M)(47 M)(47 M)(47 M)(47 M)(47 M)(47 M)(47 M)(47 M)(46.7 M)(162 M)(289.2 M)(104.8 M)(94.3 M)(99.1 M)

Atlantica Sustainable and related stocks such as Excelerate Energy, Advent Technologies, and Verde Clean Fuels Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Atlantica Sustainable financial statement analysis. It represents the amount of money remaining after all of Atlantica Sustainable Infrastructure operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Atlantica Sustainable Competitive Analysis

The better you understand Atlantica Sustainable competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Atlantica Sustainable'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 Atlantica Sustainable'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
AYEEADNWWVGASRNWWWWAVEENLTNRGVFLNC
 1.65 
 18.48 
Atlantica
 1.71 
 16.02 
Excelerate
 5.91 
 0.02 
Advent
 1.27 
 4.00 
Verde
 1.96 
 0.50 
ReNew
 4.59 
 1.04 
Eco
 2.25 
 16.92 
Enlight
 3.47 
 1.79 
Energy
 4.14 
 17.34 
Fluence
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(Probability Of Bankruptcy)
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(Average Analysts Consensus)
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(90 Days Macroaxis Advice)
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Atlantica Sustainable Competition Performance Charts

Five steps to successful analysis of Atlantica Sustainable Competition

Atlantica Sustainable'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 Atlantica Sustainable in relation to its competition. Atlantica Sustainable's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Atlantica Sustainable 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 Atlantica Sustainable's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Atlantica Sustainable, 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 Atlantica Sustainable position

In addition to having Atlantica Sustainable 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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Healthcare
Healthcare Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 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 Healthcare Theme or any other thematic opportunities.
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When determining whether Atlantica Sustainable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlantica Sustainable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atlantica Sustainable Infrastructure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlantica Sustainable Infrastructure Stock:
Check out Atlantica Sustainable Correlation with its peers.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Atlantica Sustainable's price analysis, check to measure Atlantica Sustainable'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 Atlantica Sustainable is operating at the current time. Most of Atlantica Sustainable's value examination focuses on studying past and present price action to predict the probability of Atlantica Sustainable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantica Sustainable's price. Additionally, you may evaluate how the addition of Atlantica Sustainable to your portfolios can decrease your overall portfolio volatility.
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Is Atlantica Sustainable'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 Atlantica Sustainable. If investors know Atlantica 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 Atlantica Sustainable 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
1.224
Dividend Share
1.78
Earnings Share
0.37
Revenue Per Share
9.509
Quarterly Revenue Growth
0.009
The market value of Atlantica Sustainable is measured differently than its book value, which is the value of Atlantica that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantica Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Atlantica Sustainable'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 Atlantica Sustainable's market value can be influenced by many factors that don't directly affect Atlantica Sustainable'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 Atlantica Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantica Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantica Sustainable'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.