Expand Competitors
| EXEEL Stock | 98.72 0.72 0.73% |
Expand Energy vs Ecopetrol Correlation
Excellent diversification
The correlation between Expand Energy and EC is -0.64 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Expand Energy and EC in the same portfolio, assuming nothing else is changed.
Moving against Expand Stock
| 0.71 | UMAC | Unusual Machines | PairCorr |
| 0.64 | BLAGF | Blue Lagoon Resources | PairCorr |
| 0.61 | NTZ | Natuzzi SpA | PairCorr |
| 0.6 | CAMZF | Camino Minerals | PairCorr |
| 0.59 | TOGOF | TomaGold | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Expand Energy'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.
Expand Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Expand Energy 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 Expand 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 Expand Energy does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Expand Stock performing well and Expand Energy 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 Expand Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EXE | 1.60 | (0.13) | 0.00 | (3.10) | 0.00 | 3.32 | 11.34 | |||
| EXEEZ | 0.32 | (0.04) | 0.00 | (0.16) | 0.00 | 0.00 | 8.55 | |||
| DVN | 1.69 | 0.43 | 0.20 | 1.83 | 1.55 | 4.02 | 9.52 | |||
| VG | 3.63 | 0.17 | 0.04 | 0.20 | 4.63 | 6.78 | 18.51 | |||
| TPL | 2.27 | 0.36 | 0.16 | 0.34 | 2.13 | 5.99 | 11.82 | |||
| PBA | 0.90 | 0.27 | 0.15 | 15.22 | 1.08 | 1.99 | 6.67 | |||
| HAL | 1.64 | 0.28 | 0.12 | 0.57 | 1.74 | 4.05 | 11.25 | |||
| CTRA | 1.45 | 0.28 | 0.11 | (12.93) | 1.79 | 2.92 | 8.10 | |||
| EC | 1.74 | 0.26 | 0.10 | 0.55 | 2.03 | 3.80 | 10.93 |
Cross Equities Net Income Analysis
Compare Expand Energy and related stocks such as Expand Energy, Expand Energy, and Devon Energy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EXE | (400 K) | 1.7 B | (769 M) | 724 M | 1.9 B | (14.6 B) | (4.4 B) | (505 M) | 226 M | (308 M) | (9.7 B) | 6.3 B | 4.9 B | 2.4 B | (714 M) | (642.6 M) | (610.5 M) |
| EXEEZ | 921.4 M | 1.7 B | (769 M) | 645 M | 1.4 B | (14.7 B) | (4.4 B) | 939 M | 225 M | (308 M) | (9.7 B) | 6.3 B | 4.9 B | 2.4 B | (714 M) | (821.1 M) | (862.2 M) |
| DVN | (1.1 M) | 4.7 B | (206 M) | (20 M) | 1.6 B | (14.5 B) | (3.3 B) | 898 M | 3.1 B | (357 M) | (2.7 B) | 2.8 B | 6 B | 3.7 B | 2.9 B | 3.3 B | 3.5 B |
| VG | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | 1.9 B | 2.7 B | 1.5 B | 1.8 B | 1.6 B |
| TPL | 7 M | 20.6 M | 19.6 M | 27.2 M | 34.8 M | 50 M | 37.2 M | 76.4 M | 209.7 M | 320.9 M | 176 M | 270 M | 446.4 M | 405.6 M | 454 M | 522.1 M | 548.2 M |
| PBA | 19.3 M | 165.7 M | 224.8 M | 351 M | 383 M | 406 M | 466 M | 891 M | 1.3 B | 1.5 B | (316 M) | 1.2 B | 3 B | 1.8 B | 1.9 B | 2.1 B | 2.3 B |
| HAL | 28.7 M | 2.8 B | 2.6 B | 2.1 B | 3.5 B | (671 M) | (5.8 B) | (463 M) | 1.7 B | (1.1 B) | (2.9 B) | 1.5 B | 1.6 B | 2.6 B | 2.5 B | 1.3 B | 670.1 M |
| CTRA | 25.6 M | 122.4 M | 131.7 M | 279.8 M | 104.5 M | (113.9 M) | (417.1 M) | 100.4 M | 557 M | 681.1 M | 200.5 M | 1.2 B | 4.1 B | 1.6 B | 1.1 B | 1.3 B | 1.4 B |
| EC | 3.3 T | 15.5 T | 14.8 T | 13.1 T | 5 T | (7.2 T) | 2.4 T | 7.2 T | 11.4 T | 13.7 T | 1.6 T | 15.6 T | 31.6 T | 21.1 T | 13.8 T | 15.9 T | 10.6 T |
Expand Energy and related stocks such as Expand Energy, Expand Energy, and Devon Energy Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Expand Energy financial statement analysis. It represents the amount of money remaining after all of Expand Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Expand Energy Competitive Analysis
The better you understand Expand Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Expand Energy'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 Expand Energy'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 |
Expand Energy Competition Performance Charts
Five steps to successful analysis of Expand Energy Competition
Expand Energy'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 Expand Energy in relation to its competition. Expand Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Expand Energy 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 Expand Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Expand Energy, 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 Expand Energy Correlation with its peers. For more information on how to buy Expand Stock please use our How to buy in Expand Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Expand Energy. Projected growth potential of Expand fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Expand Energy assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Investors evaluate Expand Energy using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Expand Energy's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Expand Energy's market price to deviate significantly from intrinsic value.
It's important to distinguish between Expand Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Expand Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Expand Energy's market price signifies the transaction level at which participants voluntarily complete trades.