AXIA Competitors
| AXIA Stock | 10.82 0.33 3.15% |
AXIA Energia vs Edison International Correlation
Very weak diversification
The correlation between AXIA Energia and EIX is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AXIA Energia and EIX in the same portfolio, assuming nothing else is changed.
Moving together with AXIA Stock
Moving against AXIA Stock
The current year's Return On Tangible Assets is expected to grow to 0.05. The current year's Return On Capital Employed is expected to grow to 0.06. At present, AXIA Energia's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 94.4 B, whereas Total Assets are forecasted to decline to about 185.1 B.AXIA Energia Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between AXIA Energia 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 AXIA 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 AXIA Energia 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 AXIA Stock performing well and AXIA Energia 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 AXIA Energia'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FTS | 0.66 | 0.15 | 0.17 | (1.20) | 0.49 | 1.38 | 2.88 | |||
| CMS | 0.77 | (0.01) | (0.04) | (0.06) | 1.08 | 1.32 | 5.00 | |||
| SO | 0.74 | (0.04) | 0.00 | (0.66) | 0.00 | 1.10 | 4.07 | |||
| FE | 0.67 | 0.05 | 0.01 | (0.44) | 0.88 | 1.35 | 4.05 | |||
| KEP | 2.35 | 0.56 | 0.20 | (2.37) | 2.25 | 6.12 | 19.98 | |||
| DTE | 0.71 | 0.01 | (0.02) | 0.05 | 1.09 | 1.45 | 4.73 | |||
| AEE | 0.71 | 0.04 | 0.01 | 0.26 | 0.96 | 1.23 | 5.74 | |||
| AWK | 1.02 | (0.03) | 0.00 | (0.37) | 0.00 | 1.95 | 6.26 | |||
| EIX | 1.09 | 0.22 | 0.12 | 0.57 | 1.41 | 2.11 | 6.38 |
Cross Equities Net Income Analysis
Compare AXIA Energia and related stocks such as Fortis Inc, CMS Energy, and Southern Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| CMS | (269.8 M) | 415 M | 382 M | 452 M | 477 M | 523 M | 551 M | 460 M | 657 M | 680 M | 755 M | 1.4 B | 837 M | 887 M | 1 B | 1.2 B | 1.2 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 |
| 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 |
| KEP | 1.2 T | (3.4 T) | (3.2 T) | 60 B | 2.7 T | 13.3 T | 7 T | 1.3 T | (1.3 T) | (2.3 T) | 2 T | (5.3 T) | (24.5 T) | (4.8 T) | 3.5 T | 3.1 T | 3.3 T |
| 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 |
| 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 |
| EIX | 774.1 M | 22 M | (92 M) | 1 B | 1.7 B | 1.1 B | 1.4 B | 689 M | (302 M) | 1.4 B | 871 M | 925 M | 824 M | 1.4 B | 1.5 B | 1.8 B | 1.9 B |
AXIA Energia and related stocks such as Fortis Inc, CMS Energy, and Southern Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in AXIA Energia financial statement analysis. It represents the amount of money remaining after all of AXIA Energia operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.AXIA Energia Competitive Analysis
The better you understand AXIA Energia competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, AXIA Energia'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 AXIA Energia'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 |
AXIA Energia Competition Performance Charts
Five steps to successful analysis of AXIA Energia Competition
AXIA Energia'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 AXIA Energia in relation to its competition. AXIA Energia's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of AXIA Energia 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 AXIA Energia's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to AXIA Energia, 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 AXIA Energia Correlation with its peers. For information on how to trade AXIA Stock refer to our How to Trade AXIA Stock guide.You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AXIA Energia. If investors know AXIA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive AXIA Energia assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Dividend Share 0.111 | Earnings Share (0.51) | Revenue Per Share | Quarterly Revenue Growth (0.09) | Return On Assets |
AXIA Energia's market price often diverges from its book value, the accounting figure shown on AXIA's balance sheet. Smart investors calculate AXIA Energia's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since AXIA Energia's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that AXIA Energia's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether AXIA Energia represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, AXIA Energia's 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.