Atmos Competitors
| ATO Stock | USD 171.46 0.08 0.05% |
Atmos Energy vs American Water Correlation
Good diversification
The correlation between Atmos Energy and AWK is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atmos Energy and AWK in the same portfolio, assuming nothing else is changed.
Moving together with Atmos Stock
Moving against Atmos Stock
| 0.76 | BNKHF | BOC Hong Kong | PairCorr |
| 0.72 | FIBK | First Interstate Ban | PairCorr |
| 0.65 | CNL | Collective Mining | PairCorr |
| 0.64 | BIMT | Bitmis Corp | PairCorr |
| 0.5 | FCTI | Fact Inc | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atmos 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.
Atmos Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Atmos 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 Atmos 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 Atmos 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 Atmos Stock performing well and Atmos 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 Atmos 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DTE | 0.70 | 0.01 | (0.05) | 0.16 | 1.10 | 1.45 | 4.73 | |||
| AEE | 0.72 | 0.03 | (0.05) | 0.24 | 0.97 | 1.23 | 5.74 | |||
| ES | 1.12 | (0.12) | 0.00 | (0.86) | 0.00 | 1.75 | 14.53 | |||
| FE | 0.67 | 0.05 | (0.04) | (0.57) | 0.88 | 1.36 | 4.07 | |||
| PPL | 0.83 | (0.03) | 0.00 | (0.15) | 0.00 | 1.57 | 4.62 | |||
| CNP | 0.70 | 0.07 | (0.03) | (0.72) | 0.90 | 1.37 | 3.57 | |||
| FTS | 0.66 | 0.13 | 0.03 | (0.53) | 0.59 | 1.35 | 4.38 | |||
| SO | 0.75 | (0.05) | 0.00 | 2.11 | 0.00 | 1.10 | 4.07 | |||
| EBR-B | 2.54 | 0.57 | 0.07 | (2.31) | 4.47 | 5.25 | 31.49 | |||
| AWK | 1.00 | 0.01 | 0.00 | 0.06 | 0.00 | 1.95 | 6.26 |
Cross Equities Net Income Analysis
Compare Atmos Energy and related stocks such as DTE Energy, Ameren Corp, and Eversource Energy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DTE | 437.5 M | 711 M | 610 M | 661 M | 905 M | 727 M | 868 M | 1.1 B | 1.1 B | 1.2 B | 1.4 B | 907 M | 1.1 B | 1.4 B | 1.4 B | 1.6 B | 1.7 B |
| AEE | 334.7 M | 519 M | (974 M) | 289 M | 586 M | 630 M | 653 M | 523 M | 815 M | 828 M | 871 M | 990 M | 1.1 B | 1.2 B | 1.2 B | 1.4 B | 1.4 B |
| ES | 332.8 M | 394.7 M | 525.9 M | 786 M | 819.5 M | 878.5 M | 942.3 M | 988 M | 1 B | 909.1 M | 1.2 B | 1.2 B | 1.4 B | (442.2 M) | 811.7 M | 933.4 M | 980.1 M |
| FE | 305.8 M | 885 M | 770 M | 392 M | 299 M | 578 M | (6.2 B) | (1.7 B) | 1.3 B | 912 M | 1.1 B | 1.3 B | 406 M | 1.1 B | 978 M | 880.2 M | 924.2 M |
| PPL | 290.6 M | 1.5 B | 1.5 B | 1.1 B | 1.7 B | 682 M | 1.9 B | 1.1 B | 1.8 B | 1.7 B | 1.5 B | (1.5 B) | 756 M | 740 M | 888 M | 1 B | 750 M |
| CNP | 464.4 M | 1.4 B | 417 M | 311 M | 611 M | (692 M) | 432 M | 1.8 B | 368 M | 791 M | (773 M) | 1.5 B | 1.1 B | 917 M | 1 B | 1.2 B | 1.2 B |
| FTS | 35 M | 357 M | 362 M | 410 M | 379 M | 805 M | 660 M | 1 B | 1.2 B | 1.7 B | 1.3 B | 1.3 B | 1.4 B | 1.6 B | 1.7 B | 1.9 B | 2 B |
| SO | 829.6 M | 2.3 B | 2.4 B | 1.7 B | 2 B | 2.4 B | 2.5 B | 880 M | 2.2 B | 4.8 B | 3.1 B | 2.4 B | 3.5 B | 4 B | 4.4 B | 5.1 B | 5.3 B |
| EBR-B | 1 B | 3.7 B | (6.9 B) | (6.3 B) | (3 B) | (14.4 B) | 3.4 B | (1.8 B) | 13.1 B | 11.2 B | 6.4 B | 5.6 B | 3.6 B | 4.5 B | 10.4 B | 11.9 B | 12.5 B |
| AWK | 46.9 M | 309.6 M | 358.1 M | 369.3 M | 423.1 M | 476 M | 468 M | 426 M | 567 M | 621 M | 709 M | 1.3 B | 820 M | 944 M | 1.1 B | 1.2 B | 1.3 B |
Atmos Energy and related stocks such as DTE Energy, Ameren Corp, and Eversource Energy Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Atmos Energy financial statement analysis. It represents the amount of money remaining after all of Atmos Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Atmos Energy Competitive Analysis
The better you understand Atmos Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Atmos 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 Atmos 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 |
Atmos Energy Competition Performance Charts
Five steps to successful analysis of Atmos Energy Competition
Atmos 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 Atmos Energy in relation to its competition. Atmos Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Atmos 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 Atmos Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Atmos 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 Atmos Energy Correlation with its peers. To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Will Gas Utilities sector continue expanding? Could Atmos diversify its offerings? Factors like these will boost the valuation of Atmos Energy. If investors know Atmos will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Atmos Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.094 | Dividend Share 3.61 | Earnings Share 7.68 | Revenue Per Share | Quarterly Revenue Growth 0.142 |
The market value of Atmos Energy is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Atmos Energy's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Atmos Energy represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Atmos Energy's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.