Atlas Competitors
| AESI Stock | 11.75 0.56 5.00% |
Atlas Energy vs MRC Global Correlation
Excellent diversification
The correlation between Atlas Energy Solutions and MRC is -0.54 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atlas Energy Solutions and MRC in the same portfolio, assuming nothing else is changed.
Moving against Atlas Stock
| 0.51 | ROK | ROK Resources | PairCorr |
| 0.5 | CRK | Comstock Resources Earnings Call This Week | PairCorr |
| 0.43 | LGN | Logan Energy Corp | PairCorr |
| 0.41 | VIVK | Vivakor | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atlas 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.
Atlas Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Atlas 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 Atlas 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 Atlas Energy Solutions 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 Atlas Stock performing well and Atlas 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 Atlas 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DNOW | 1.66 | 0.12 | 0.06 | 0.19 | 2.06 | 3.90 | 11.62 | |||
| EFXT | 2.05 | 0.48 | 0.14 | 1.07 | 2.57 | 5.71 | 17.86 | |||
| XPRO | 2.44 | 0.16 | 0.08 | 0.17 | 2.59 | 6.14 | 14.92 | |||
| INVX | 1.98 | 0.29 | 0.13 | 0.49 | 1.75 | 4.96 | 12.82 | |||
| FLOC | 2.20 | 0.43 | 0.19 | 0.33 | 2.08 | 4.44 | 23.77 | |||
| NEXT | 2.56 | (0.21) | 0.00 | (0.12) | 0.00 | 5.21 | 17.50 | |||
| GLP | 1.57 | 0.08 | 0.01 | 0.35 | 1.89 | 3.06 | 9.17 | |||
| NESR | 1.84 | 0.72 | 0.40 | 0.89 | 1.22 | 6.38 | 11.47 | |||
| WKC | 1.41 | 0.07 | 0.02 | 0.16 | 1.97 | 2.94 | 11.51 | |||
| MRC | 1.56 | (0.08) | 0.00 | (0.13) | 0.00 | 3.27 | 11.50 |
Cross Equities Net Income Analysis
Compare Atlas Energy Solutions and related stocks such as Now Inc, Enerflex, and Expro Group Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DNOW | 108 M | 108 M | 108 M | 147 M | 116 M | (502 M) | (234 M) | (52 M) | 52 M | (97 M) | (427 M) | 5 M | 128 M | 247 M | 81 M | 93.2 M | 97.8 M |
| 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 | 116.9 M | 88.1 M | (14.6 M) | (100.9 M) | (83 M) | 32 M | 28.8 M | 29.4 M |
| XPRO | (1.7 B) | (1.7 B) | (655.9 M) | (705 M) | (1.3 B) | 79.1 M | (135.3 M) | (159.5 M) | (90.7 M) | (235.3 M) | (307 M) | (131.9 M) | (20.1 M) | (23.4 M) | 51.9 M | 59.7 M | 62.7 M |
| INVX | 12.5 M | 95.3 M | 119.2 M | 169.8 M | 208.7 M | 192 M | 93.2 M | (100.6 M) | (95.7 M) | 1.7 M | (30.8 M) | 9.9 M | 63.3 M | 73.9 M | 140.3 M | 126.3 M | 132.6 M |
| FLOC | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 58.1 M | 80.2 M | 92.3 M | 62.7 M |
| NEXT | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (263.2 K) | (434.7 K) | (35.3 M) | (42 M) | (35.9 M) | (14.3 M) | (22 M) | (60.1 M) | (162.3 M) | (61.8 M) | (55.6 M) | (58.4 M) |
| GLP | 20.6 M | 19.4 M | 46.7 M | 42.6 M | 114.7 M | 43.6 M | (199.4 M) | 58.8 M | 103.9 M | 35.9 M | 102.2 M | 60.8 M | 362.2 M | 152.5 M | 107.7 M | 123.8 M | 130 M |
| NESR | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 28.4 M | 39.4 M | 16.6 M | (64.6 M) | (36.4 M) | 12.6 M | 76.3 M | 68.7 M | 72.1 M |
| WKC | 200 K | 194 M | 189.3 M | 203.1 M | 221.7 M | 186.9 M | 126.5 M | (170.2 M) | 127.7 M | 178.9 M | 109.6 M | 73.7 M | 114.1 M | 52.9 M | 67.4 M | 77.5 M | 67.4 M |
Atlas Energy Solutions and related stocks such as Now Inc, Enerflex, and Expro Group Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Atlas Energy Solutions financial statement analysis. It represents the amount of money remaining after all of Atlas Energy Solutions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Atlas Energy Competitive Analysis
The better you understand Atlas Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Atlas 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 Atlas 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 |
Atlas Energy Competition Performance Charts
Five steps to successful analysis of Atlas Energy Competition
Atlas 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 Atlas Energy Solutions in relation to its competition. Atlas Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Atlas 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 Atlas Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Atlas Energy Solutions, 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 Atlas Energy Correlation with its peers. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is there potential for Oil & Gas Exploration & Production market expansion? Will Atlas introduce new products? Factors like these will boost the valuation of Atlas Energy. If investors know Atlas will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Atlas Energy 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 (0.96) | Dividend Share 0.99 | Earnings Share (0.10) | Revenue Per Share | Quarterly Revenue Growth (0.15) |
Investors evaluate Atlas Energy Solutions using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Atlas Energy's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Atlas Energy's market price to deviate significantly from intrinsic value.
Understanding that Atlas Energy's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Atlas Energy represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Atlas Energy's market price signifies the transaction level at which participants voluntarily complete trades.