Trane Competitors

Stocks . Germany . 
Stock . Trane Technologies plc
2IS Stock  EUR 399.90  3.20  0.81%   
Trane Technologies plc competes with Science Applications, Insurance Australia, National Storage, Zurich Insurance, and MSAD INSURANCE; as well as few others. The company classifies itself under Industrials sector and is part of Diversified Industrials industry. Analyzing Trane Technologies 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 Trane Technologies to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trane Technologies 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 Trane Technologies competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
398.29399.90401.51
Details
Intrinsic
Valuation
LowRealHigh
359.91444.36445.97
Details
Naive
Forecast
LowNextHigh
401.94403.55405.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
395.82398.83401.85
Details

Trane Technologies Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Trane 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 Trane 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 Trane Technologies plc does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RGPB
+ 0.83
59M
RGPB
+ 0.8
NRM
59M
+ 0.65
NRM
RGPB
+ 0.62
ZFI1
59M
+ 0.58
ZFI1
ZFI1
+ 0.56
NRM
  
High negative correlations   
EEW
- 0.66
85S
7XJ
- 0.62
4GC
4GC
- 0.36
85S
59M
- 0.16
4GC
ZFI1
- 0.13
4GC
RGPB
- 0.09
4GC

Risk-Adjusted Indicators

There is a big difference between Trane Stock performing well and Trane 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 Trane 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.
All Fundamental Data

Trane Technologies Competitive Analysis

The better you understand Trane Technologies competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Trane 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 Trane 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
2IS 85S NRM 4GC ZFI1 59M EEW RGPB 7XJ
 0.81 
 399.90 
Trane
 2.61 
 118.00 
Science
 1.20 
 4.92 
Insurance
 1.36 
 41.32 
National
 0.69 
 28.80 
Zurich
 3.57 
 21.60 
MSAD
 0.84 
 6.00 
SBI
 1.89 
 216.00 
Reinsurance
 0.83 
 12.10 
LIFENET
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Somewhat reliable
Very steady
Very steady
Very steady
Not too volatile
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Solid
Weak
Good
Insignificant
Modest
Modest
Weak
OK
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Quite High
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Hold
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Sell
Cautious Hold
Hold
Current Ratio
1.23
N/A
0.55
0.92
1.26
N/A
N/A
1.01
N/A
Net Asset
18.08 B
5.75 B
34.08 B
6.07 B
377.78 B
25.03 T
192.11 B
84.71 B
N/A
Profit Margin
0.0604
N/A
0.0819
0.13
0.11
N/A
N/A
0.0383
-0.19
EBITDA
2.72 B
628 M
1.14 B
532.21 M
6.94 B
N/A
N/A
1.04 B
(3.84 B)
Operating Margin
0.13
N/A
0.14
0.37
0.16
N/A
N/A
0.0629
-0.18
Current Valuation
41.79 B
8.14 B
8.96 B
6.79 B
74.68 B
1.21 B
(34.56 M)
9.55 B
N/A
Price To Book
7.01
3.48
1.86
2.39
2.54
0.73
0.54
2.61
N/A
Five Year Return
1.53
N/A
6.55
3.92
N/A
N/A
N/A
1.3
N/A
Beta
1.37
N/A
0.16
0.76
0.63
N/A
N/A
0.91
0.4
Number Of Employees
50 K
N/A
10
1.18 K
60 K
N/A
N/A
3.8 K
174
Shares Outstanding
239.35 M
N/A
2.45 B
89.91 M
1.48 B
N/A
N/A
66.86 M
69.74 M
Cash Flow From Operations
1.5 B
518 M
899 M
443.85 M
5.08 B
236.71 B
4.64 B
1.34 B
N/A
Annual Yield
0.0166
0.0229
0.0249
0.0532
0.055
2.91
N/A
0.0223
N/A
Total Debt
3.79 B
2.37 B
2.02 B
3.06 B
13.97 B
782.9 B
N/A
3.56 B
N/A
Return On Equity
N/A
N/A
0.1
0.0755
0.15
N/A
N/A
0.0727
-0.2
Z Score
6.6
1.6
1.8
0.6
2.4
N/A
N/A
1.2
N/A
Return On Asset
0.0662
N/A
0.0198
0.0323
0.0103
N/A
N/A
0.0072
-0.0393
Book Value Per Share
24.81
N/A
2.64
15.84
18.05
N/A
N/A
62.17
267.51
Total Asset
18.08 B
5.75 B
34.08 B
6.07 B
377.78 B
25.03 T
192.11 B
84.71 B
N/A
Debt To Equity
80.1
N/A
30.1
1.27
42.0
N/A
N/A
37.5
N/A
Last Dividend Paid
2.12
N/A
0.11
2.15
25.96
75.0
N/A
3.06
N/A
Target Price
N/A
N/A
N/A
59.73
48.63
N/A
N/A
128.88
N/A
Shares Owned By Institutions
84.12
N/A
41.52
87.05
0.2
N/A
N/A
98.4
59.54
Market Capitalization
41.74 B
4.17 B
7.14 B
5.62 B
65.74 B
N/A
206.13 M
9.17 B
588.98 M
Price To Earning
18.71
N/A
16.73
70.63
12.12
N/A
N/A
10.75
N/A
Price To Earnings To Growth
2.49
N/A
N/A
3.04
1.89
3.76
N/A
N/A
N/A
Price To Sales
2.73
0.81
0.95
6.32
1.42
0.42
0.24
0.53
N/A
Net Income
1.76 B
277 M
347 M
103.74 M
4.6 B
262.8 B
891 M
623 M
N/A
Earnings Per Share
3.97
N/A
0.16
0.94
2.92
N/A
N/A
8.68
-0.36
Shares Owned By Insiders
0.37
N/A
0.24
7.68
N/A
N/A
N/A
0.32
23.93
Revenue
15.99 B
7.39 B
8.88 B
801.57 M
42.07 B
5.01 T
N/A
15.89 B
22.88 B
Cash And Equivalents
875.6 M
N/A
878.81 M
22.41 M
16.73 B
N/A
N/A
2.45 B
N/A
Cash Per Share
3.58
N/A
0.37
0.25
11.36
N/A
N/A
38.98
N/A
Gross Profit
5.22 B
N/A
(485 M)
587.8 M
15.35 B
N/A
N/A
2.03 B
10.59 B
Day Typical Price
398.4
117.67
4.92
41.32
28.73
21.6
6.0
215.33
12.07
Accumulation Distribution
0.0202
0.0085
N/A
N/A
0.0069
N/A
N/A
0.0093
0.0083
Market Facilitation Index
8.1
1.0
N/A
N/A
0.2
N/A
N/A
2.0
0.1
Daily Balance Of Power
0.3951
3.0
(9,223,372,036,855)
(9,223,372,036,855)
(1.00)
(9,223,372,036,855)
9.2 T
2.0
1.0
Period Momentum Indicator
3.2
3.0
(0.06)
(0.57)
(0.20)
(0.80)
0.05
4.0
0.1
Rate Of Daily Change
1.01
1.03
0.99
0.99
0.99
0.96
1.01
1.02
1.01
Day Median Price
397.65
117.5
4.92
41.32
28.7
21.6
6.0
215.0
12.05
Price Action Indicator
3.85
2.0
(0.03)
(0.29)
N/A
(0.40)
0.025
3.0
0.1
Relative Strength Index
26.02
21.46
30.74
52.42
32.7
2.6
44.57
26.58
42.14
Coefficient Of Variation
430.5
3257.79
606.05
2036.11
941.03
1591.44
2353.86
882.41
1128.82
Mean Deviation
1.14
1.26
1.18
1.2
1.6
0.8533
1.06
1.54
1.79
Jensen Alpha
0.2176
(0.03)
0.2867
0.0848
0.1801
0.0808
0.0492
0.2199
0.1923
Total Risk Alpha
0.1102
(0.33)
0.0027
(0.19)
(0.13)
(0.13)
(0.18)
(0.11)
(0.18)
Sortino Ratio
0.1368
(0.01)
0.0936
(0.03)
0.0469
(0.03)
(0.04)
0.0507
0.0374
Downside Variance
3.15
17.42
2.53
3.2
5.36
2.99
3.41
5.45
5.07
Standard Deviation
1.61
2.51
1.69
1.66
2.25
1.27
1.46
2.2
2.43
Kurtosis
3.71
30.95
3.58
2.92
0.6464
1.39
0.3622
3.4
1.51
Potential Upside
2.35
2.61
3.52
2.24
4.51
1.94
2.7
3.34
4.63
Treynor Ratio
0.3011
0.0793
(1.90)
(0.64)
0.5621
(0.77)
2.37
1.5
1.94
Maximum Drawdown
7.54
21.06
11.7
10.53
10.72
7.49
6.29
11.74
12.54
Variance
2.58
6.28
2.87
2.74
5.07
1.61
2.12
4.83
5.89
Market Risk Adjusted Performance
0.3111
0.0893
(1.89)
(0.63)
0.5721
(0.76)
2.38
1.51
1.95
Risk Adjusted Performance
0.1834
0.0305
0.132
0.043
0.0881
0.0521
0.0373
0.0934
0.0748
Skewness
(0.77)
(4.59)
0.7406
0.2692
0.5758
0.2219
(0.27)
0.0269
0.8732
Semi Deviation
1.37
2.82
1.19
1.64
1.56
0.9461
1.27
1.99
1.76
Information Ratio
0.1509
(0.02)
0.0878
(0.03)
0.0482
(0.04)
(0.05)
0.0538
0.0347
Value At Risk
(1.70)
(2.08)
(1.80)
(3.25)
(3.62)
(1.90)
(2.63)
(2.86)
(2.86)
Expected Short fall
(1.30)
(1.68)
(1.53)
(1.15)
(2.53)
(1.56)
(1.52)
(1.75)
(2.40)
Downside Deviation
1.77
4.17
1.59
1.79
2.32
1.73
1.85
2.33
2.25
Semi Variance
1.88
7.96
1.42
2.69
2.43
0.8951
1.6
3.96
3.11

Trane Technologies Competition Performance Charts

Five steps to successful analysis of Trane Technologies Competition

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

In addition to having Trane Technologies 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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ESG Investing Theme
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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 ESG Investing Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Trane Stock

When determining whether Trane Technologies plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trane Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trane Technologies Plc Stock. Highlighted below are key reports to facilitate an investment decision about Trane Technologies Plc Stock:
How To Invest In Trane
Details
Is Trane Stock a good investment?
Details
What is Trane Technologies' Net Worth?
Details
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Check out Trane Technologies Correlation with its peers.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Trane Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trane Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trane Technologies' 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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