Hoegh Competitors
| HMLPF Stock | 19.70 0.05 0.25% |
Hoegh LNG vs Indofood Sukses Correlation
Weak diversification
The correlation between Hoegh LNG Partners and PIFMY is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hoegh LNG Partners and PIFMY in the same portfolio, assuming nothing else is changed.
Moving against Hoegh Pink Sheet
Hoegh LNG Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hoegh LNG and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Hoegh 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 Hoegh LNG Partners does not affect the price movement of the other competitor.
| 0.62 | 0.5 | 0.49 | 0.51 | -0.68 | TLKMF | ||
| 0.62 | 0.62 | 0.58 | 0.71 | -0.44 | TLK | ||
| 0.5 | 0.62 | 0.63 | 0.86 | -0.47 | EC | ||
| 0.49 | 0.58 | 0.63 | 0.57 | -0.47 | PTAIY | ||
| 0.51 | 0.71 | 0.86 | 0.57 | -0.57 | KEP | ||
| -0.68 | -0.44 | -0.47 | -0.47 | -0.57 | PIFMY | ||
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Hoegh Pink Sheet performing well and Hoegh LNG 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 Hoegh LNG'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TLKMF | 1.43 | 0.47 | 0.00 | (0.50) | 0.00 | 5.56 | 27.33 | |||
| TLK | 1.43 | 0.31 | 0.18 | 0.70 | 1.27 | 4.68 | 11.70 | |||
| EC | 1.62 | 0.54 | 0.23 | 3.20 | 1.67 | 3.80 | 10.93 | |||
| PTAIY | 1.86 | 0.23 | 0.04 | (0.52) | 2.85 | 3.85 | 14.46 | |||
| KEP | 2.39 | 0.59 | 0.19 | (38.01) | 2.32 | 6.12 | 17.60 | |||
| PIFMY | 2.61 | (0.01) | 0.00 | 0.08 | 0.00 | 7.14 | 15.82 |
Hoegh LNG Competitive Analysis
The better you understand Hoegh LNG competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hoegh LNG'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 Hoegh LNG'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 |
Hoegh LNG Competition Performance Charts
Five steps to successful analysis of Hoegh LNG Competition
Hoegh LNG'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 Hoegh LNG Partners in relation to its competition. Hoegh LNG's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Hoegh LNG 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 Hoegh LNG's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hoegh LNG Partners, 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 Hoegh LNG position
In addition to having Hoegh LNG 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 Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 41 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 Large Growth Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Hoegh Pink Sheet
Hoegh LNG financial ratios help investors to determine whether Hoegh Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hoegh with respect to the benefits of owning Hoegh LNG security.