Ascent Competitors
| ASTI Stock | USD 2.10 0.14 7.14% |
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 Ascent Solar competition on your existing holdings.
The current Return On Tangible Assets is estimated to decrease to -1.35. The current Return On Capital Employed is estimated to decrease to -1.84. The Ascent Solar's current Net Tangible Assets is estimated to increase to about 4.3 M, while Total Assets are projected to decrease to under 6.8 M. Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ascent Solar'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.
Ascent Solar Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ascent Solar 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 Ascent 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 Ascent Solar Technol does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Ascent Stock performing well and Ascent Solar 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 Ascent Solar'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 | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MNST | 0.87 | (0.05) | (0.11) | 0.01 | 1.12 | 1.51 | 5.47 | |||
| OTLY | 2.76 | 0.78 | 0.22 | 2.10 | 2.55 | 7.53 | 18.70 | |||
| CDW | 1.35 | 0.10 | 0.10 | 0.21 | 1.13 | 2.72 | 10.41 | |||
| SNDL | 2.12 | 0.14 | 0.05 | 0.29 | 2.10 | 4.70 | 18.10 | |||
| TSRYF | 0.36 | 0.04 | 0.00 | (0.72) | 0.00 | 0.00 | 13.23 | |||
| CATWF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EYE | 2.12 | 0.98 | 0.55 | 0.78 | 0.86 | 6.85 | 20.87 | |||
| WVVIP | 1.90 | (0.09) | 0.00 | 0.97 | 0.00 | 3.89 | 12.04 |
Cross Equities Net Income Analysis
Compare Ascent Solar Technol and related stocks such as Monster Beverage Corp, Oatly Group AB, and CDW Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MNST | (200 K) | 286.2 M | 340 M | 338.7 M | 483.2 M | 546.7 M | 712.7 M | 820.7 M | 993 M | 1.1 B | 1.4 B | 1.4 B | 1.2 B | 1.6 B | 1.5 B | 1.6 B |
| OTLY | (35.6 M) | (35.6 M) | (35.6 M) | (35.6 M) | (35.6 M) | (35.6 M) | (35.6 M) | (35.6 M) | (35.6 M) | (35.6 M) | (60.4 M) | (212.4 M) | (392.6 M) | (416.9 M) | (201.9 M) | (212 M) |
| CDW | 12.6 M | 17.1 M | 119 M | 132.8 M | 244.9 M | 403.1 M | 424.4 M | 523 M | 643 M | 736.8 M | 788.5 M | 988.6 M | 1.1 B | 1.1 B | 1.1 B | 1.1 B |
| SNDL | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (13 M) | (3 M) | (271.6 M) | (255.9 M) | (230.2 M) | (372.4 M) | (172.7 M) | (94.8 M) | (99.5 M) |
| EYE | (23.9 M) | (23.9 M) | (23.9 M) | (23.9 M) | (23.9 M) | 3.6 M | 14.8 M | 45.8 M | 23.7 M | 32.8 M | 36.3 M | 128.2 M | 42.1 M | (65.9 M) | (28.5 M) | (27.1 M) |
Ascent Solar Technol and related stocks such as Monster Beverage Corp, Oatly Group AB, and CDW Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ascent Solar Technol financial statement analysis. It represents the amount of money remaining after all of Ascent Solar Technologies, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ascent Solar Competitive Analysis
The better you understand Ascent Solar competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ascent Solar'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 Ascent Solar'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 |
Ascent Solar Competition Performance Charts
Five steps to successful analysis of Ascent Solar Competition
Ascent Solar'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 Ascent Solar Technol in relation to its competition. Ascent Solar's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ascent Solar 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 Ascent Solar's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ascent Solar Technol, 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.
Complement your Ascent Solar position
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Check out Ascent Solar Correlation with its peers. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Semiconductors & Semiconductor Equipment 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 Ascent Solar. If investors know Ascent 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 Ascent Solar 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 (0.90) | Earnings Share 41.49 | Revenue Per Share | Quarterly Revenue Growth 1.79 | Return On Assets |
The market value of Ascent Solar Technol is measured differently than its book value, which is the value of Ascent that is recorded on the company's balance sheet. Investors also form their own opinion of Ascent Solar's value that differs from its market value or its book value, called intrinsic value, which is Ascent Solar'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 Ascent Solar's market value can be influenced by many factors that don't directly affect Ascent Solar'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 Ascent Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascent Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascent Solar'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.