Petrleo Competitors
| PBR-A Stock | USD 16.01 0.22 1.39% |
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 Petrleo Brasileiro competition on your existing holdings.
Petrleo |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Petrleo Brasileiro'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.
Petrleo Brasileiro Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Petrleo Brasileiro 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 Petrleo 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 Petrleo Brasileiro does not affect the price movement of the other competitor.
| 0.62 | 0.7 | -0.23 | 0.77 | EFXT | ||
| 0.62 | 0.85 | -0.13 | 0.85 | NGS | ||
| 0.7 | 0.85 | -0.21 | 0.89 | AROC | ||
| -0.23 | -0.13 | -0.21 | -0.12 | GEOS | ||
| 0.77 | 0.85 | 0.89 | -0.12 | NR | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Petrleo Stock performing well and Petrleo Brasileiro 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 Petrleo Brasileiro'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EFXT | 1.64 | 0.14 | 0.10 | 0.16 | 1.48 | 4.41 | 10.93 | |||
| NGS | 1.80 | 0.65 | 0.29 | 1.09 | 1.50 | 4.20 | 19.08 | |||
| AROC | 1.41 | 0.35 | 0.17 | 1.67 | 1.45 | 2.90 | 9.54 | |||
| GEOS | 2.57 | (0.12) | 0.00 | (0.09) | 0.00 | 5.84 | 18.50 | |||
| NR | 1.41 | 0.14 | 0.08 | 0.19 | 1.56 | 3.73 | 9.77 |
Cross Equities Net Income Analysis
Compare Petrleo Brasileiro and related stocks such as Enerflex, Natural Gas Services, and Archrock Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EFXT | 120.5 M | (7 M) | 71.8 M | 55.9 M | 70.3 M | 45.7 M | (104.7 M) | 97.6 M | 101 M | 151.6 M | 88.1 M | (18.5 M) | (100.9 M) | (110.9 M) | (105.4 M) |
| NGS | 382 K | 9.8 M | 12.7 M | 14.4 M | 14.1 M | 10.1 M | 6.5 M | 19.9 M | 426 K | (13.9 M) | 1.8 M | (9.2 M) | (569 K) | 4.7 M | 4.7 M |
| AROC | (6 M) | (340.6 M) | (39.5 M) | 123.2 M | 98.2 M | (105.8 M) | (54.6 M) | 19 M | 21.1 M | 97.3 M | (68.4 M) | 28.2 M | 44.3 M | 105 M | 110.2 M |
| GEOS | 6.6 M | 35.1 M | 69.6 M | 36.9 M | (32.6 M) | (46 M) | (56.8 M) | (19.2 M) | (146 K) | (19.2 M) | (14.1 M) | (22.9 M) | 12.2 M | 11 M | 11.5 M |
| NR | 300 K | 80 M | 60 M | 65.3 M | 102.3 M | (90.8 M) | (40.7 M) | (6.1 M) | 32.3 M | (12.9 M) | (80.7 M) | (25.5 M) | (20.8 M) | 14.5 M | 15.2 M |
Petrleo Brasileiro and related stocks such as Enerflex, Natural Gas Services, and Archrock Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Petrleo Brasileiro financial statement analysis. It represents the amount of money remaining after all of Petrleo Brasileiro SA operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Petrleo Brasileiro Competitive Analysis
The better you understand Petrleo Brasileiro competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Petrleo Brasileiro'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 Petrleo Brasileiro'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 |
Petrleo Brasileiro Competition Performance Charts
Five steps to successful analysis of Petrleo Brasileiro Competition
Petrleo Brasileiro'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 Petrleo Brasileiro in relation to its competition. Petrleo Brasileiro's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Petrleo Brasileiro 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 Petrleo Brasileiro's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Petrleo Brasileiro, 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 Petrleo Brasileiro position
In addition to having Petrleo Brasileiro 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.Did You Try This Idea?
Run Small Value Funds Thematic Idea Now
Small Value Funds
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 31 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 Small Value Funds Theme or any other thematic opportunities.
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Check out Petrleo Brasileiro Correlation with its peers. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Petrleo Stock analysis
When running Petrleo Brasileiro's price analysis, check to measure Petrleo Brasileiro'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 Petrleo Brasileiro is operating at the current time. Most of Petrleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petrleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrleo Brasileiro's price. Additionally, you may evaluate how the addition of Petrleo Brasileiro to your portfolios can decrease your overall portfolio volatility.
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