Horisont Competitors

Stocks . Norway . 
Stock . Horisont Energi AS
HRGI Stock  NOK 2.52  0.05  1.95%   
Horisont Energi AS competes with Napatech, Nidaros Sparebank, Sparebanken Ost, Nordic Technology, and Nordic Mining; as well as few others. The company operates under Basic Materials sector and is part of Specialty Chemicals industry. Analyzing Horisont Energi competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Horisont Energi to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Horisont Energi Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Horisont Energi competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
0.132.526.75
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Intrinsic
Valuation
LowRealHigh
0.112.286.51
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Naive
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LowNextHigh
0.052.536.76
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.442.622.80
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Horisont Energi Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Horisont Energi 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 Horisont 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 Horisont Energi AS does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
BIEN
+ 0.96
SPOG
MELG
+ 0.7
SPOG
BIEN
+ 0.65
MELG
NTG
+ 0.61
NAPA
NOM
+ 0.47
NISB
BIEN
+ 0.36
NISB
  
High negative correlations   
BIEN
- 0.95
NAPA
SPOG
- 0.9
NAPA
NTG
- 0.7
NISB
MELG
- 0.68
NAPA
BIEN
- 0.48
NTG
NOM
- 0.44
NTG

Risk-Adjusted Indicators

There is a big difference between Horisont Stock performing well and Horisont Energi 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 Horisont Energi'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.
All Fundamental Data

Horisont Energi Competitive Analysis

The better you understand Horisont Energi competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Horisont Energi'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 Horisont Energi'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
HRGI NAPA NISB SPOG NTG NOM MELG OTL BIEN
 1.95 
 2.52 
Horisont
 4.35 
 24.00 
Napatech
 0.01 
 100.00 
Nidaros
 2.47 
 65.10 
Sparebanken
 0.00 
 2.70 
Nordic
 0.35 
 25.41 
Nordic
 1.55 
 159.00 
Melhus
 1.40 
 47.05 
Odfjell
 2.48 
 124.00 
Bien
Market Volatility
(90 Days Market Risk)
Very risky
Not too volatile
Very steady
Very steady
Relatively risky
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Weak
Modest
Very Weak
Weak
Very Weak
Very Weak
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Above Average
Low
Below Average
Above Average
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Hold
Strong Sell
Sell
Strong Sell
Strong Buy
Current Ratio
N/A
1.63
N/A
N/A
N/A
3.93
N/A
N/A
N/A
Net Asset
143.67 M
176.73 M
4.3 B
48.13 B
N/A
255.29 M
10.22 B
N/A
5 B
Profit Margin
N/A
-0.0501
0.23
0.43
N/A
N/A
0.43
0.0485
0.34
EBITDA
(50.81 M)
59.71 M
N/A
803.6 M
N/A
5.54 M
207.08 M
715.86 M
N/A
Current Valuation
412.6 M
1.21 B
N/A
19.44 B
N/A
79.29 M
2.43 B
2.17 B
N/A
Price To Book
1.94
7.89
0.23
0.2
N/A
0.93
0.35
1.42
N/A
Operating Margin
N/A
-0.11
0.29
0.55
N/A
N/A
0.51
0.0802
0.42
Retained Earnings
N/A
(71 M)
N/A
2.25 B
N/A
(277 M)
60 M
N/A
N/A
Current Asset
N/A
118 M
N/A
927 M
N/A
19 M
313 M
N/A
N/A
Five Year Return
N/A
N/A
N/A
7.98
N/A
N/A
7.16
N/A
N/A
Beta
0.79
0.87
-0.0352
0.45
N/A
1.17
0.26
N/A
N/A
Number Of Employees
44
84
23
28
2
4
68
2.12 K
27
Shares Outstanding
22.33 M
82.82 M
1.13 M
20.73 M
70.92 M
232.32 M
2.78 M
39.46 M
5.68 M
Cash Flow From Operations
(52.5 M)
14.95 M
(109.95 M)
(1.5 B)
N/A
(59.97 M)
(305.54 M)
40.21 M
24.8 M
Annual Yield
N/A
N/A
0.0533
0.0789
N/A
N/A
0.0625
N/A
N/A
Total Debt
2.4 M
9.4 M
50.09 M
25.13 B
N/A
113 K
2.56 B
N/A
50.33 M
Return On Equity
N/A
-0.083
0.0402
0.0625
N/A
0.58
0.0875
0.0403
0.0679
Z Score
65.4
65.2
1.2
N/A
N/A
N/A
N/A
N/A
6.0
Return On Asset
-1.54
-0.0736
0.005
0.0064
N/A
-0.0324
0.0102
0.0211
0.0075
Book Value Per Share
19.48
1.61
473.41
62.11
N/A
1.96
451.06
20.0
113.88
Current Liabilities
N/A
30 M
N/A
14.33 B
N/A
8 M
4.81 B
N/A
N/A
Total Asset
143.67 M
176.73 M
4.3 B
48.13 B
N/A
255.29 M
10.22 B
N/A
5 B
Target Price
110.0
N/A
117.0
51.0
N/A
5.44
166.0
61.33
N/A
Debt To Equity
N/A
61.0
N/A
N/A
N/A
0.1
N/A
N/A
N/A
Last Dividend Paid
N/A
N/A
5.86
N/A
N/A
N/A
10.5
N/A
2.33
Shares Owned By Institutions
16.28
57.75
N/A
17.18
N/A
N/A
6.77
17.14
4.4
Market Capitalization
263.45 M
1.02 B
124.14 M
1.02 B
397.16 M
513.42 M
485.84 M
1.63 B
529.39 M
Price To Earning
N/A
487.18
17.11
10.31
N/A
11.17
10.46
N/A
N/A
Price To Sales
N/A
6.26
1.37
1.4
N/A
4907.21
1.77
0.26
N/A
Net Income
(52.3 M)
40.23 M
27.75 M
361.4 M
N/A
5.37 M
105.24 M
11.99 M
29.46 M
Earnings Per Share
-3.54
0.18
0.88
4.6
N/A
0.8
13.61
5.09
6.64
Shares Owned By Insiders
67.3
15.86
52.13
20.57
N/A
14.56
43.65
65.62
74.0
Revenue
375 K
195.47 M
94.99 M
757.8 M
N/A
N/A
232.64 M
4.36 B
108.43 M
Working Capital
N/A
88 M
N/A
(13.4 B)
N/A
11 M
(4.5 B)
N/A
N/A
Cash And Equivalents
91.69 M
39.45 M
554.07 M
721.5 M
N/A
32.09 M
912.01 M
N/A
N/A
Cash Per Share
N/A
N/A
492.07
34.8
N/A
0.27
328.51
N/A
N/A
Gross Profit
N/A
163.97 M
99.28 M
691.4 M
N/A
N/A
241.06 M
343 M
98.53 M
Day Typical Price
2.51
23.63
100.0
65.87
2.7
25.4
159.0
46.78
123.33
Accumulation Distribution
0.0315
2707.62
N/A
704.04
N/A
5978.64
N/A
1833.92
4.82
Market Facilitation Index
0.08
1.0E-4
N/A
1.0E-4
N/A
0.0
N/A
0.0
0.0067
Daily Balance Of Power
(0.62)
0.3704
9.2 T
(0.66)
0.0
(0.13)
(9,223,372,036,855)
0.4333
1.5
Period Momentum Indicator
(0.05)
1.0
0.01
(1.65)
N/A
(0.09)
(2.50)
0.65
3.0
Rate Of Daily Change
0.98
1.04
1.0
0.98
1.0
1.0
0.98
1.01
1.02
Day Median Price
2.5
23.45
100.0
66.25
2.7
25.4
159.0
46.65
123.0
Price Action Indicator
(0.01)
1.05
0.005
(1.98)
N/A
(0.03)
(1.25)
0.72
2.5
Relative Strength Index
41.74
24.62
30.34
71.62
56.63
37.32
44.57
33.6
80.45
Coefficient Of Variation
(2,310)
(491.21)
5641.9
1303.37
(653.84)
4638.06
26957.56
(1,338)
389.84
Mean Deviation
3.03
1.94
0.6081
1.11
1.11
1.48
0.3871
1.78
1.16
Jensen Alpha
(0.29)
(0.50)
0.0259
0.0691
(0.49)
0.0521
(0.01)
(0.03)
0.4165
Total Risk Alpha
(0.91)
(0.98)
(0.22)
(0.14)
(0.85)
(0.30)
(0.13)
(0.54)
0.1478
Sortino Ratio
N/A
N/A
(0.07)
(0.02)
N/A
(0.04)
(0.12)
N/A
0.1678
Downside Variance
N/A
N/A
2.82
1.89
N/A
4.87
1.25
N/A
3.5
Standard Deviation
4.27
2.61
1.38
1.42
2.61
2.01
0.7529
2.2
1.76
Kurtosis
2.26
0.9125
8.41
(0.14)
16.1
0.9796
4.06
0.4811
8.25
Potential Upside
7.14
4.35
2.68
2.41
0.6494
3.13
1.25
2.84
2.86
Treynor Ratio
(0.27)
1.59
(0.16)
0.4244
(0.67)
(0.23)
(0.97)
0.1593
2.23
Maximum Drawdown
26.4
12.46
9.09
5.75
13.97
9.53
4.28
11.24
12.32
Variance
18.2
6.84
1.92
2.01
6.83
4.06
0.5668
4.85
3.1
Market Risk Adjusted Performance
(0.26)
1.6
(0.15)
0.4344
(0.66)
(0.22)
(0.96)
0.1693
2.24
Risk Adjusted Performance
(0.02)
(0.15)
0.018
0.0633
(0.11)
0.0227
0.0027
(0.05)
0.2017
Skewness
0.3872
0.6968
1.61
(0.13)
(2.25)
(0.03)
(0.1)
(0.32)
1.89
Semi Deviation
N/A
N/A
0.8539
1.18
N/A
2.12
0.6373
N/A
0.691
Information Ratio
(0.08)
(0.26)
(0.08)
(0.02)
(0.21)
(0.05)
(0.18)
(0.14)
0.1784
Value At Risk
(7.59)
(4.95)
(1.92)
(2.47)
(3.85)
(3.47)
(1.55)
(3.64)
(1.98)
Expected Short fall
N/A
N/A
(1.69)
(1.36)
N/A
(1.36)
(0.68)
N/A
(2.05)
Downside Deviation
N/A
N/A
1.68
1.37
N/A
2.21
1.12
N/A
1.87
Semi Variance
N/A
N/A
0.7291
1.39
N/A
4.49
0.4062
N/A
0.4775

Horisont Energi Competition Performance Charts

Five steps to successful analysis of Horisont Energi Competition

Horisont Energi'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 Horisont Energi AS in relation to its competition. Horisont Energi's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Horisont Energi 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 Horisont Energi's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Horisont Energi AS, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Horisont Energi position

In addition to having Horisont Energi 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.

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Other Information on Investing in Horisont Stock

Horisont Energi financial ratios help investors to determine whether Horisont Stock 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 Horisont with respect to the benefits of owning Horisont Energi security.
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