Aspen Competitors
| ASPN Stock | USD 3.37 0.24 6.65% |
Aspen Aerogels vs Ads Tec Correlation
Excellent diversification
The correlation between Aspen Aerogels and ADSE is -0.51 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aspen Aerogels and ADSE in the same portfolio, assuming nothing else is changed.
Moving against Aspen Stock
| 0.68 | NGS | Natural Gas Services | PairCorr |
| 0.64 | CEU | CES Energy Solutions | PairCorr |
| 0.56 | SND | Smart Sand | PairCorr |
| 0.53 | EFX | Enerflex | PairCorr |
| 0.46 | RES | RPC Inc | PairCorr |
Aspen Aerogels Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aspen Aerogels 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 Aspen 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 Aspen Aerogels 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 Aspen Stock performing well and Aspen Aerogels 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 Aspen Aerogels' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NX | 2.11 | 0.22 | 0.10 | 0.17 | 2.32 | 6.18 | 14.57 | |||
| FIP | 3.17 | 0.10 | 0.03 | 0.12 | 3.69 | 7.16 | 18.25 | |||
| BXC | 2.37 | (0.06) | 0.00 | (0.05) | 0.00 | 7.49 | 13.08 | |||
| APOG | 1.63 | 0.16 | 0.02 | (0.11) | 3.01 | 3.67 | 17.56 | |||
| LGMK | 8.35 | (1.22) | 0.00 | (0.58) | 0.00 | 17.14 | 57.77 | |||
| EH | 2.20 | (0.46) | 0.00 | (0.30) | 0.00 | 5.79 | 17.58 | |||
| LTBR | 4.69 | (0.28) | 0.00 | (0.13) | 0.00 | 9.65 | 32.08 | |||
| HY | 2.30 | (0.25) | 0.00 | (0.07) | 0.00 | 5.10 | 20.43 | |||
| KRNT | 1.85 | (0.14) | 0.00 | 1.22 | 0.00 | 4.27 | 12.19 | |||
| ADSE | 2.43 | 0.36 | 0.13 | 0.65 | 2.48 | 5.43 | 17.85 |
Cross Equities Net Income Analysis
Compare Aspen Aerogels and related stocks such as Quanex Building Products, FTAI Infrastructure, and BlueLinx Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NX | 18.9 M | (16.5 M) | (11.7 M) | 29.2 M | 16.1 M | (1.9 M) | 18.7 M | 26.3 M | (46.7 M) | 38.5 M | 57 M | 88.3 M | 82.5 M | 33.1 M | (250.8 M) | (225.7 M) | (214.4 M) |
| FIP | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | (55.2 M) | (79.9 M) | (153.6 M) | (121.3 M) | (223.6 M) | (201.3 M) | (191.2 M) |
| BXC | 7.2 M | (38.6 M) | (23 M) | (40.6 M) | (13.9 M) | (11.6 M) | 16.1 M | 63 M | (48.1 M) | (17.7 M) | 80.9 M | 296.1 M | 296.2 M | 48.5 M | 53.1 M | 61.1 M | 64.1 M |
| EH | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (92.6 M) | (82.2 M) | (48.4 M) | (82.8 M) | (309.9 M) | (334 M) | (301.7 M) | (233 M) | (209.7 M) | (220.2 M) |
| LTBR | (39.3 K) | (5.9 M) | (4.1 M) | (4.9 M) | (4.8 M) | (4.3 M) | (6.3 M) | (7.1 M) | (15.7 M) | (10.7 M) | (14.4 M) | (7.8 M) | (7.2 M) | (7.9 M) | (11.8 M) | (10.6 M) | (10.1 M) |
| HY | 12.3 M | 82.6 M | 98 M | 110 M | 109.8 M | 74.7 M | 42.8 M | 48.6 M | 34.7 M | 35.8 M | 37.1 M | (173 M) | (74.1 M) | 125.9 M | 142.3 M | 163.6 M | 171.8 M |
| ADSE | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (12 M) | (10.3 M) | (87.6 M) | (18.9 M) | (55.1 M) | (98 M) | (88.2 M) | (83.8 M) |
Aspen Aerogels and related stocks such as Quanex Building Products, FTAI Infrastructure, and BlueLinx Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Aspen Aerogels financial statement analysis. It represents the amount of money remaining after all of Aspen Aerogels operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Aspen Aerogels Competitive Analysis
The better you understand Aspen Aerogels competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aspen Aerogels' 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 Aspen Aerogels' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Aspen Aerogels Competition Performance Charts
Five steps to successful analysis of Aspen Aerogels Competition
Aspen Aerogels' 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 Aspen Aerogels in relation to its competition. Aspen Aerogels' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Aspen Aerogels 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 Aspen Aerogels' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Aspen Aerogels, 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 Aspen Aerogels Correlation with its peers. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Will Oil & Gas Equipment & Services sector continue expanding? Could Aspen diversify its offerings? Factors like these will boost the valuation of Aspen Aerogels. If investors know Aspen will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Aspen Aerogels data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (3.71) | Revenue Per Share | Quarterly Revenue Growth (0.38) | Return On Assets | Return On Equity |
The market value of Aspen Aerogels is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Aerogels' value that differs from its market value or its book value, called intrinsic value, which is Aspen Aerogels' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Aspen Aerogels' market value can be influenced by many factors that don't directly affect Aspen Aerogels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Aspen Aerogels' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Aspen Aerogels represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Aspen Aerogels' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.