Ensign Competitors
| ENSG Stock | USD 211.92 7.99 3.92% |
Ensign vs Elanco Animal Correlation
Weak diversification
The correlation between The Ensign Group and ELAN is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Ensign Group and ELAN in the same portfolio, assuming nothing else is changed.
Moving against Ensign Stock
| 0.65 | PHA | Premier Health | PairCorr |
| 0.46 | AGL | agilon health | PairCorr |
| 0.43 | UNH | UnitedHealth Group CDR | PairCorr |
| 0.43 | UNH | UnitedHealth Group | PairCorr |
| 0.42 | HUM | Humana Inc | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ensign'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.
Ensign Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ensign 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 Ensign 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 Ensign Group 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 Ensign Stock performing well and Ensign 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 Ensign'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EHC | 1.07 | (0.08) | 0.00 | (0.03) | 0.00 | 2.70 | 6.16 | |||
| SOLV | 1.27 | 0.23 | 0.10 | 0.71 | 1.50 | 2.92 | 14.51 | |||
| RVTY | 1.78 | 0.08 | 0.05 | 0.15 | 1.87 | 4.52 | 11.58 | |||
| ALGN | 1.67 | 0.47 | 0.34 | 0.41 | 1.09 | 4.70 | 11.36 | |||
| DVA | 1.81 | 0.28 | 0.11 | 1.58 | 1.62 | 4.25 | 26.79 | |||
| QGEN | 1.35 | 0.40 | 0.23 | (0.72) | 0.86 | 2.86 | 19.34 | |||
| UHS | 1.33 | 0.00 | (0.03) | 0.09 | 1.76 | 2.86 | 8.92 | |||
| EXEL | 1.54 | 0.01 | 0.00 | 0.11 | 1.75 | 3.79 | 10.16 | |||
| BMRN | 1.62 | 0.20 | 0.10 | 0.42 | 1.42 | 3.20 | 22.06 | |||
| ELAN | 1.55 | 0.17 | 0.10 | 0.24 | 1.69 | 3.66 | 10.56 |
Cross Equities Net Income Analysis
Compare Ensign Group and related stocks such as Encompass Health Corp, Solventum Corp, and Revvity Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EHC | (1.5 M) | 208.7 M | 185 M | 323.6 M | 222 M | 183.1 M | 247.6 M | 271.1 M | 292.3 M | 358.7 M | 284.2 M | 412.2 M | 271 M | 352 M | 455.7 M | 566.2 M | 594.5 M |
| SOLV | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.5 B | 1.3 B | 1.3 B | 479 M | 431.1 M | 409.5 M |
| RVTY | 55.7 M | 1.2 M | 68.4 M | 167.9 M | 158 M | 212.5 M | 233.7 M | 113 M | 238.8 M | 227.6 M | 728.1 M | 943.2 M | 569.2 M | (118.4 M) | 295.8 M | 241.7 M | 163.4 M |
| ALGN | (15.4 M) | 66.7 M | 58.7 M | 64.3 M | 145.8 M | 144 M | 189.7 M | 231.4 M | 400.2 M | 442.8 M | 1.8 B | 772 M | 361.6 M | 445.1 M | 421.4 M | 410.4 M | 234 M |
| DVA | 4.9 M | 478 M | 536 M | 633.4 M | 723.1 M | 269.7 M | 879.9 M | 663.6 M | 159.4 M | 811 M | 773.6 M | 978.5 M | 560.4 M | 691.5 M | 936.3 M | 746.8 M | 432.3 M |
| QGEN | 2.4 M | 96 M | 129.5 M | 69.1 M | 116.4 M | 130.1 M | 80.4 M | 40.4 M | 190.4 M | (41.5 M) | 359.2 M | 512.6 M | 423.2 M | 341.3 M | 83.6 M | 424.9 M | 446.1 M |
| UHS | 21.7 M | 398.2 M | 443.4 M | 510.7 M | 545.3 M | 680.5 M | 702.4 M | 752.3 M | 779.7 M | 814.9 M | 944 M | 991.6 M | 675.6 M | 717.8 M | 1.1 B | 1.3 B | 1.4 B |
| EXEL | (15.7 M) | 75.7 M | (147.6 M) | (244.8 M) | (268.5 M) | (169.7 M) | (70.2 M) | 154.2 M | 690.1 M | 321 M | 111.8 M | 231.1 M | 182.3 M | 207.8 M | 521.3 M | 782.6 M | 821.7 M |
| BMRN | (12.3 M) | (53.8 M) | (114.3 M) | (176.4 M) | (134 M) | (171.8 M) | (630.2 M) | (117 M) | (77.2 M) | (23.8 M) | 854 M | (64.1 M) | 141.6 M | 167.6 M | 426.9 M | 26.8 M | 28.1 M |
| ELAN | (210.8 M) | (210.8 M) | (210.8 M) | (210.8 M) | (210.8 M) | (210.8 M) | (47.9 M) | (310.7 M) | 86.5 M | 67.9 M | (560.1 M) | (483 M) | (78 M) | (1.2 B) | 338 M | 304.2 M | 319.4 M |
Ensign Group and related stocks such as Encompass Health Corp, Solventum Corp, and Revvity Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ensign Group financial statement analysis. It represents the amount of money remaining after all of The Ensign Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ensign Competitive Analysis
The better you understand Ensign competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ensign'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 Ensign'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 |
Ensign Competition Performance Charts
Five steps to successful analysis of Ensign Competition
Ensign'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 Ensign Group in relation to its competition. Ensign's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ensign 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 Ensign's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ensign Group, 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 Ensign Correlation with its peers. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Can Health Care Providers & Services industry sustain growth momentum? Does Ensign have expansion opportunities? Factors like these will boost the valuation of Ensign. Projected growth potential of Ensign fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Ensign demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.184 | Dividend Share 0.253 | Earnings Share 6.06 | Revenue Per Share | Quarterly Revenue Growth 0.202 |
Investors evaluate Ensign Group using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Ensign's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Ensign's market price to deviate significantly from intrinsic value.
It's important to distinguish between Ensign's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ensign should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Ensign's market price signifies the transaction level at which participants voluntarily complete trades.