Ecopetrol Competitors
| EC Stock | USD 11.73 0.56 4.56% |
Ecopetrol vs Halliburton Correlation
Very poor diversification
The correlation between Ecopetrol SA ADR and HAL is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ecopetrol SA ADR and HAL in the same portfolio, assuming nothing else is changed.
Moving together with Ecopetrol Stock
Moving against Ecopetrol Stock
At present, Ecopetrol's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.09, whereas Return On Equity is forecasted to decline to 0.14. At present, Ecopetrol's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 60.7 T, whereas Other Assets are projected to grow to (3.4 T).Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ecopetrol'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.
Ecopetrol Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ecopetrol 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 Ecopetrol 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 Ecopetrol SA ADR does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Ecopetrol Stock performing well and Ecopetrol 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 Ecopetrol'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DVN | 1.65 | 0.45 | 0.22 | 3.24 | 1.51 | 4.02 | 9.52 | |||
| CTRA | 1.47 | 0.41 | 0.19 | (1.02) | 1.68 | 3.07 | 9.69 | |||
| VG | 3.64 | 0.19 | 0.04 | 0.22 | 4.54 | 6.78 | 18.51 | |||
| TS | 1.20 | 0.23 | 0.13 | 0.63 | 1.32 | 3.44 | 8.44 | |||
| YPF | 1.64 | 0.04 | 0.01 | 0.15 | 2.24 | 3.84 | 10.02 | |||
| FTI | 1.15 | 0.46 | 0.29 | 1.02 | 1.01 | 2.98 | 8.13 | |||
| PBA | 0.95 | 0.19 | 0.10 | 19.40 | 1.27 | 1.99 | 6.67 | |||
| TPL | 2.16 | 0.15 | 0.06 | 0.19 | 2.28 | 5.79 | 16.39 | |||
| WES | 0.79 | 0.17 | 0.14 | 1.19 | 0.74 | 2.07 | 5.00 | |||
| HAL | 1.52 | 0.34 | 0.15 | 0.92 | 1.70 | 4.05 | 11.25 |
Cross Equities Net Income Analysis
Compare Ecopetrol SA ADR and related stocks such as Devon Energy, Coterra Energy, and Venture Global Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DVN | (1.1 M) | 4.7 B | (206 M) | (20 M) | 1.6 B | (14.5 B) | (3.3 B) | 898 M | 3.1 B | (357 M) | (2.7 B) | 2.8 B | 6 B | 3.7 B | 2.9 B | 3.3 B | 3.5 B |
| CTRA | 25.6 M | 122.4 M | 131.7 M | 279.8 M | 104.5 M | (113.9 M) | (417.1 M) | 100.4 M | 557 M | 681.1 M | 200.5 M | 1.2 B | 4.1 B | 1.6 B | 1.1 B | 1.3 B | 1.4 B |
| VG | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | (356 M) | 1.9 B | 2.7 B | 1.5 B | 1.8 B | 1.6 B |
| TS | 76.7 M | 1.3 B | 1.7 B | 1.6 B | 1.3 B | (80.2 M) | 55.3 M | 544.7 M | 876.1 M | 742.7 M | (634.4 M) | 1.1 B | 2.6 B | 3.9 B | 2 B | 2.3 B | 1.2 B |
| YPF | 589 M | 1 B | 794.6 M | 785.8 M | 9 B | 4.6 B | (28.2 B) | 12.3 B | 38.6 B | (34.1 B) | (69.6 B) | 257 M | 289.1 B | (1.6 T) | 2.1 T | 2.4 T | 2.5 T |
| FTI | 587.6 M | 657.5 M | 716.3 M | 775.5 M | 528.5 M | 14.4 M | 393.3 M | 113.3 M | (1.9 B) | (2.4 B) | (3.3 B) | 13.3 M | (107.2 M) | 22.9 M | 842.9 M | 758.6 M | 796.5 M |
| PBA | 19.3 M | 165.7 M | 224.8 M | 351 M | 383 M | 406 M | 466 M | 891 M | 1.3 B | 1.5 B | (316 M) | 1.2 B | 3 B | 1.8 B | 1.9 B | 2.1 B | 2.3 B |
| TPL | 7 M | 20.6 M | 19.6 M | 27.2 M | 34.8 M | 50 M | 37.2 M | 76.4 M | 209.7 M | 320.9 M | 176 M | 270 M | 446.4 M | 405.6 M | 454 M | 522.1 M | 548.2 M |
| WES | 9.7 M | 75.6 M | 2.8 M | 160.2 M | 221.9 M | 87.9 M | 345.8 M | 376.6 M | 369.4 M | 697.2 M | 527 M | 916.3 M | 1.2 B | 1 B | 1.6 B | 1.8 B | 1.9 B |
| HAL | 28.7 M | 2.8 B | 2.6 B | 2.1 B | 3.5 B | (671 M) | (5.8 B) | (463 M) | 1.7 B | (1.1 B) | (2.9 B) | 1.5 B | 1.6 B | 2.6 B | 2.5 B | 1.3 B | 670.1 M |
Ecopetrol SA ADR and related stocks such as Devon Energy, Coterra Energy, and Venture Global Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ecopetrol SA ADR financial statement analysis. It represents the amount of money remaining after all of Ecopetrol SA ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ecopetrol Competitive Analysis
The better you understand Ecopetrol competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ecopetrol'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 Ecopetrol'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 |
Ecopetrol Competition Performance Charts
Five steps to successful analysis of Ecopetrol Competition
Ecopetrol'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 Ecopetrol SA ADR in relation to its competition. Ecopetrol's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ecopetrol 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 Ecopetrol's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ecopetrol SA ADR, 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 Ecopetrol Correlation with its peers. 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 Oil, Gas & Consumable Fuels sector continue expanding? Could Ecopetrol diversify its offerings? Factors like these will boost the valuation of Ecopetrol. Projected growth potential of Ecopetrol fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ecopetrol data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.30) | Earnings Share 1.33 | Revenue Per Share | Quarterly Revenue Growth (0.14) | Return On Assets |
Understanding Ecopetrol SA ADR requires distinguishing between market price and book value, where the latter reflects Ecopetrol's accounting equity. The concept of intrinsic value - what Ecopetrol's 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 Ecopetrol's price substantially above or below its fundamental value.
It's important to distinguish between Ecopetrol's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ecopetrol should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Ecopetrol's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.