CEA Competitors
| BNC Stock | 4.52 0.10 2.26% |
CEA Industries vs Heramba Electric Correlation
Good diversification
The correlation between CEA Industries and PITA is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CEA Industries and PITA in the same portfolio, assuming nothing else is changed.
Moving against CEA Stock
| 0.65 | WWT | Water Ways Technologies | PairCorr |
| 0.41 | HCM | Hitachi Construction | PairCorr |
| 0.37 | OSK | Oshkosh | PairCorr |
| 0.32 | PLOW | Douglas Dynamics | PairCorr |
CEA Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between CEA Industries 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 CEA 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 CEA Industries 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 CEA Stock performing well and CEA Industries 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 CEA Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AULT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ZEVY | 295.50 | 160.19 | 0.00 | (0.45) | 0.00 | 0.00 | 9,999 | |||
| CGRN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ATTO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WLMSQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KWESW | 14.06 | 1.48 | 0.08 | (14.30) | 15.53 | 49.20 | 130.66 | |||
| KWE | 8.79 | 1.67 | 0.21 | 0.90 | 7.76 | 16.23 | 118.70 | |||
| ENG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PITA | 13.73 | (0.60) | 0.00 | (8.19) | 0.00 | 47.83 | 110.00 |
CEA Industries Competitive Analysis
The better you understand CEA Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, CEA Industries' 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 CEA Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
CEA Industries Competition Performance Charts
Five steps to successful analysis of CEA Industries Competition
CEA Industries' 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 CEA Industries in relation to its competition. CEA Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of CEA Industries 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 CEA Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to CEA Industries, 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.
Complement your CEA Industries position
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Check out CEA Industries Correlation with its peers. For information on how to trade CEA Stock refer to our How to Trade CEA Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Will Construction Machinery & Heavy Transportation Equipment sector continue expanding? Could CEA diversify its offerings? Factors like these will boost the valuation of CEA Industries. Projected growth potential of CEA fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every CEA Industries data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding CEA Industries requires distinguishing between market price and book value, where the latter reflects CEA's accounting equity. The concept of intrinsic value - what CEA Industries' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push CEA Industries' price substantially above or below its fundamental value.
It's important to distinguish between CEA Industries' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding CEA Industries should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, CEA Industries' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.