Aeva Competitors
| AEVA Stock | USD 13.25 1.15 7.99% |
Aeva Technologies vs Douglas Dynamics Correlation
Poor diversification
The correlation between Aeva Technologies Common and PLOW is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aeva Technologies Common and PLOW in the same portfolio, assuming nothing else is changed.
Moving together with Aeva Stock
Moving against Aeva Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aeva Technologies' 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.
Aeva Technologies Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aeva Technologies 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 Aeva 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 Aeva Technologies Common does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Aeva Stock performing well and Aeva Technologies 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 Aeva Technologies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FOXF | 2.34 | (0.22) | 0.00 | (0.22) | 0.00 | 3.90 | 27.67 | |||
| ECX | 4.40 | (0.38) | 0.00 | (0.35) | 0.00 | 8.25 | 26.42 | |||
| SES | 4.48 | (0.06) | 0.01 | 0.03 | 4.96 | 8.90 | 28.94 | |||
| SMP | 1.24 | 0.06 | 0.05 | 0.11 | 1.22 | 3.07 | 7.22 | |||
| XPEL | 1.57 | 0.67 | 0.42 | 0.66 | 1.07 | 4.45 | 11.45 | |||
| AXL | 2.30 | 0.38 | 0.16 | 0.26 | 2.24 | 6.86 | 13.56 | |||
| SABR | 2.25 | (0.90) | 0.00 | (0.52) | 0.00 | 3.82 | 17.17 | |||
| CWH | 2.66 | 0.06 | 0.04 | 0.08 | 2.63 | 6.54 | 15.45 | |||
| CNNE | 1.44 | (0.34) | 0.00 | (0.50) | 0.00 | 2.69 | 10.76 | |||
| PLOW | 1.25 | 0.30 | 0.29 | 0.28 | 0.78 | 3.22 | 8.83 |
Aeva Technologies Competitive Analysis
The better you understand Aeva Technologies competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aeva Technologies' 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 Aeva Technologies' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Aeva Technologies Competition Performance Charts
Five steps to successful analysis of Aeva Technologies Competition
Aeva Technologies' 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 Aeva Technologies Common in relation to its competition. Aeva Technologies' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Aeva Technologies 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 Aeva Technologies' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Aeva Technologies Common, 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.
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Check out Aeva Technologies Correlation with its peers.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Stock space 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 Aeva Technologies. If investors know Aeva 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. Comprehensive Aeva Technologies assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Understanding Aeva Technologies Common requires distinguishing between market price and book value, where the latter reflects Aeva's accounting equity. The concept of intrinsic value—what Aeva Technologies' is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Aeva Technologies' price substantially above or below its fundamental value.
Understanding that Aeva Technologies' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Aeva Technologies represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Aeva Technologies' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.