Enel Competitors
| ENELCHILE | CLP 53.57 0.97 1.78% |
Enel |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enel Chile'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.
Enel Chile Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Enel Chile 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 Enel 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 Enel Chile SA does not affect the price movement of the other competitor.
| 0.64 | 0.16 | 0.51 | -0.33 | ENELAM | ||
| 0.64 | 0.36 | 0.44 | -0.08 | CHILE | ||
| 0.16 | 0.36 | 0.08 | 0.59 | BSANTANDER | ||
| 0.51 | 0.44 | 0.08 | -0.48 | COLBUN | ||
| -0.33 | -0.08 | 0.59 | -0.48 | CENCOSUD | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Enel Stock performing well and Enel Chile 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 Enel Chile'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ENELAM | 0.82 | (0.11) | 0.00 | 0.53 | 0.00 | 1.77 | 5.02 | |||
| CHILE | 0.76 | (0.03) | 0.00 | (0.55) | 0.00 | 1.63 | 3.64 | |||
| BSANTANDER | 0.80 | 0.01 | (0.07) | 0.24 | 1.03 | 1.33 | 3.97 | |||
| COLBUN | 0.77 | (0.02) | 0.00 | (1.05) | 0.00 | 1.86 | 5.12 | |||
| CENCOSUD | 0.97 | 0.12 | 0.02 | 0.84 | 1.12 | 2.48 | 7.08 |
Enel Chile Competitive Analysis
The better you understand Enel Chile competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Enel Chile'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 Enel Chile'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 |
Enel Chile Competition Performance Charts
Five steps to successful analysis of Enel Chile Competition
Enel Chile'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 Enel Chile SA in relation to its competition. Enel Chile's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Enel Chile 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 Enel Chile's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Enel Chile SA, 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 Enel Chile position
In addition to having Enel Chile in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Enel Stock
When determining whether Enel Chile SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enel Chile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enel Chile Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enel Chile Sa Stock:Check out Enel Chile Correlation with its peers.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.