DTE Competitors
| DTG Stock | USD 17.64 0.02 0.11% |
DTE Energy vs Enlight Renewable Correlation
Very weak diversification
The correlation between DTE Energy and ENLT is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DTE Energy and ENLT in the same portfolio, assuming nothing else is changed.
Moving against DTE Stock
The DTE Energy's current Return On Capital Employed is estimated to increase to 0.07, while Return On Tangible Assets are projected to decrease to 0.03. At this time, DTE Energy's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The DTE Energy's current Other Current Assets is estimated to increase to about 620.3 M, while Total Current Assets are projected to decrease to roughly 3.3 B.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DTE 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.
DTE Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between DTE 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 DTE 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 DTE 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 DTE Stock performing well and DTE 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 DTE 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SR | 0.87 | 0.01 | (0.04) | 0.10 | 1.18 | 1.55 | 3.91 | |||
| NWE | 0.98 | 0.09 | 0.02 | 1.20 | 1.28 | 1.75 | 5.72 | |||
| ALE | 0.24 | 0.10 | 0.11 | (1.49) | 0.00 | 0.73 | 2.98 | |||
| PCG | 1.23 | 0.09 | 0.02 | 0.65 | 1.45 | 2.45 | 6.66 | |||
| NJR | 0.87 | 0.28 | 0.18 | (0.98) | 0.76 | 1.74 | 7.11 | |||
| CPK | 0.91 | 0.00 | 0.00 | 0.09 | 0.00 | 1.73 | 4.09 | |||
| CEPU | 2.10 | 0.03 | 0.01 | 0.10 | 2.43 | 5.09 | 13.77 | |||
| ENLT | 2.48 | 0.87 | 0.31 | 0.60 | 2.36 | 5.93 | 14.49 |
Cross Equities Net Income Analysis
Compare DTE Energy and related stocks such as Spire Inc, NorthWestern, and Allete Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SR | 29 M | 62.6 M | 52.8 M | 84.6 M | 136.9 M | 144.2 M | 161.6 M | 214.2 M | 184.6 M | 88.6 M | 271.7 M | 220.8 M | 217.5 M | 250.9 M | 271.7 M | 312.5 M | 328.1 M |
| NWE | 13.3 M | 92.6 M | 98.4 M | 94 M | 120.7 M | 151.2 M | 164.2 M | 162.7 M | 197 M | 202.1 M | 155.2 M | 186.8 M | 183 M | 194.1 M | 224.1 M | 257.7 M | 270.6 M |
| PCG | 1 B | 858 M | 830 M | 828 M | 1.4 B | 888 M | 1.4 B | 1.7 B | (6.8 B) | (7.6 B) | (1.3 B) | (88 M) | 1.8 B | 2.3 B | 2.5 B | 2.3 B | 2.4 B |
| NJR | 10.4 M | 92.9 M | 114.8 M | 142 M | 181 M | 131.7 M | 132.1 M | 233.4 M | 169.5 M | 163 M | 117.9 M | 274.9 M | 264.7 M | 289.8 M | 335.6 M | 386 M | 405.3 M |
| CPK | 2.9 M | 27.6 M | 28.9 M | 32.8 M | 36.1 M | 41.1 M | 44.7 M | 58.1 M | 56.6 M | 65.2 M | 71.5 M | 83.5 M | 89.8 M | 87.2 M | 118.6 M | 136.4 M | 143.2 M |
| CEPU | (86.1 M) | 231.8 M | (30 M) | 90.3 M | 317.7 M | 1.3 B | 1.8 B | 3.5 B | 17.5 B | 18.1 B | 20.3 B | (4.5 B) | 129.1 B | 14.8 B | 49.6 B | 57 B | 59.9 B |
| ENLT | (1.7 M) | (6.5 M) | 12.4 M | 21.2 M | 52.2 M | 15.6 M | 3.9 M | 1.1 M | 2.6 M | (5 M) | (43.9 M) | 11.2 M | 24.7 M | 70.9 M | 44.2 M | 50.8 M | 53.4 M |
DTE Energy and related stocks such as Spire Inc, NorthWestern, and Allete Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in DTE Energy financial statement analysis. It represents the amount of money remaining after all of DTE Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.DTE Energy Competitive Analysis
The better you understand DTE Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, DTE 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 DTE 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 |
DTE Energy Competition Performance Charts
Five steps to successful analysis of DTE Energy Competition
DTE 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 DTE Energy in relation to its competition. DTE Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of DTE 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 DTE Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to DTE 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 DTE Energy Correlation with its peers. For more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Can Stock industry sustain growth momentum? Does DTE have expansion opportunities? Factors like these will boost the valuation of DTE Energy. Projected growth potential of DTE fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating DTE Energy demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between DTE Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding DTE Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, DTE Energy's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.