Hydrogen Competitors

Pink Sheets . USA . 
Stock . Hydrogen Engine Center
HYEG Stock  USD 0.07  0.03  27.34%   
Hydrogen Engine Center competes with Saker Aviation; as well as few others. The company conducts business under Industrials sector and is part of Electrical Equipment & Parts industry. Analyzing Hydrogen Engine 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 Hydrogen Engine to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Hydrogen Engine Correlation with its peers.

Hydrogen Engine vs Clean Seed Correlation

Very good diversification

The correlation between Hydrogen Engine Center and CLGPF is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hydrogen Engine Center and CLGPF in the same portfolio, assuming nothing else is changed.
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hydrogen Engine'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.
Hype
Prediction
LowEstimatedHigh
0.000.0753.49
Details
Intrinsic
Valuation
LowRealHigh
0.000.0553.46
Details
Naive
Forecast
LowNextHigh
00.07127.53
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.020.070.11
Details

Hydrogen Engine Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hydrogen Engine 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 Hydrogen 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 Hydrogen Engine Center does not affect the price movement of the other competitor.

High positive correlations

XERI
+ 0.57
MPHYF
CLGPF
+ 0.52
MPHYF
SKAS
+ 0.38
DNDDF
OATN
+ 0.29
DFCO
XERI
+ 0.27
OATN
CLGPF
+ 0.24
SNAVF
  

High negative correlations

DFCO
- 0.55
MPHYF
CLGPF
- 0.52
DFCO
DNDDF
- 0.47
XERI
DNDDF
- 0.43
MPHYF
CLGPF
- 0.42
OATN
OATN
- 0.42
MPHYF

Risk-Adjusted Indicators

There is a big difference between Hydrogen Pink Sheet performing well and Hydrogen Engine 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 Hydrogen Engine'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
CECBF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
SNAVF  3.09 (0.23) 0.00  0.27  0.00 
 0.00 
 5.45 
(14.81)
 69.89 
MPHYF  26.86  11.39  0.00  0.42  0.00 
 0.00 
 0.00 
 0.00 
 900.00 
DFCO  19.65  3.78  0.17 (5.29) 16.25 
(35.96)
 59.47 
(33.18)
 139.41 
OATN  3.94  0.09  0.00  0.12  0.00 
 0.00 
 0.00 
 0.00 
 154.33 
MNSEF  14.63  4.45  0.00 (1.74) 0.00 
 0.00 
 100.00 
(50.00)
 266.67 
XERI  9.08  0.76  0.04 (0.29) 8.47 
(18.26)
 28.57 
(13.33)
 73.08 
DNDDF  0.34  0.00  0.00  0.06  0.00 
 0.00 
 0.00 
 0.00 
 11.11 
SKAS  0.80  0.14  0.00  0.91  0.00 
 0.00 
 2.27 
(0.44)
 17.62 
CLGPF  1.41  0.02  0.00  0.04  0.00 
 0.00 
 2.86 
 0.00 
 50.54 

Hydrogen Engine Competitive Analysis

The better you understand Hydrogen Engine competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hydrogen Engine'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 Hydrogen Engine'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
HYEG SNAVF MPHYF DFCO OATN MNSEF XERI DNDDF SKAS CLGPF
 27.34 
 0.07 
Hydrogen
 16.67 
 0 
Star
 0.00 
 0 
McPhy
 2.20 
 0.05 
Dalrada
 22.22 
 0 
OAT
 0.00 
 0.01 
Magnis
 9.09 
 0.01 
Xeriant
 0.00 
 0.10 
Dundee
 0.00 
 6.85 
Saker
 33.87 
 0.05 
Clean
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Not too volatile
Out of control
Market Performance
(90 Days Performance)
Fair
Weakest
Fair
Fair
Weak
Fair
Mild
Weakest
Fair
Weakest
Odds of Financial Distress
(Probability Of Bankruptcy)
Strong
High
Moderate
Strong
High
Average
Risky
High
Low
Small
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly 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
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Cautious Hold
Not Rated
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Hold
Not Rated
Current Ratio
0.42
0.34
5.14
0.72
N/A
19.15
0.28
1.22
5.12
0.12
Net Asset
1.91 M
1.19 M
204.76 M
22.42 M
N/A
228.64 M
1.27 M
5.21 M
5.6 M
15.15 M
Profit Margin
-2.47
N/A
-2.64
-0.82
N/A
N/A
N/A
-0.79
0.11
-2.2
EBITDA
(2.97 M)
(4.1 M)
(15.82 M)
(9.81 M)
N/A
(50.86 M)
(11.1 M)
(1.11 M)
1.08 M
(1.24 M)
Operating Margin
-2.37
-176.99
-2.66
-0.65
N/A
N/A
N/A
-0.36
0.16
-1.55
Current Valuation
2.72 M
19.27 M
248.36 M
33.59 M
116.19 K
329.02 M
14.9 M
18.78 M
1.15 M
15.66 M
Price To Book
3.01
N/A
2.03
N/A
N/A
8.49
4.26
N/A
0.93
2.35
Retained Earnings
(15.86 M)
N/A
N/A
(113.24 M)
N/A
N/A
N/A
N/A
(16.11 M)
N/A
Current Asset
814 K
N/A
N/A
13.53 M
N/A
N/A
N/A
N/A
4.63 M
N/A
Beta
-1.01
0.0953
2.24
1.46
1.3
1.15
-0.076
0.86
0.63
1.26
Number Of Employees
13
14
178
11
1
20
4
18
21
9
Shares Outstanding
N/A
829.37 M
26.8 M
85.2 M
22.35 M
970.33 M
376.93 M
64.2 M
976.33 K
89.69 M
Cash Flow From Operations
(851.36 K)
(2.47 M)
(11.33 M)
(10.35 M)
(643.28 K)
(47.11 M)
(6.93 M)
(1.09 M)
813.75 K
(1.25 M)
Annual Yield
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0781
N/A
Total Debt
2.23 M
120 K
1.22 M
17.96 M
N/A
145.11 M
4.08 M
15.04 M
57.73 K
1.54 M
Return On Equity
-1.69
N/A
-0.2
N/A
N/A
-1.17
-36.34
N/A
0.26
-0.32
Z Score
-13.9
N/A
N/A
-8.2
N/A
0.6
-24.0
N/A
49.4
8.4
Return On Asset
-0.41
-2.56
-0.11
-0.46
-0.99
-0.0952
-7.56
-0.17
0.16
-0.0863
Book Value Per Share
0.02
-0.004
5.47
-0.21
-0.046
0.047
-0.007
-0.21
5.53
0.095
Current Liabilities
1.94 M
N/A
N/A
42.04 M
N/A
N/A
N/A
N/A
1.81 M
N/A
Total Asset
1.91 M
1.19 M
204.76 M
22.42 M
N/A
228.64 M
1.27 M
5.21 M
5.6 M
15.15 M
Debt To Equity
3.7
0.41
0.042
N/A
N/A
3.83
0.66
N/A
0.079
0.45
Shares Owned By Institutions
N/A
N/A
36.82
N/A
N/A
0.12
0.011
N/A
N/A
N/A
Market Capitalization
3.02 M
24.84 M
382.21 M
12.77 M
335.18 K
288.67 M
16.89 M
8.67 M
5.03 M
22.18 M
Price To Earning
-1.08
14.72
N/A
21.67
N/A
N/A
N/A
N/A
3.87
5.31
Price To Sales
2.22
854.75
36.78
0.36
N/A
1000000.0
27.51
2.08
0.52
11.5
Net Income
(1.56 M)
(4.44 M)
(23.57 M)
(14.1 M)
2.21 M
(40.82 M)
(13.3 M)
(3.39 M)
726.18 K
(2.64 M)
Earnings Per Share
-0.12
-0.005
-0.89
-0.06
-0.078
-0.018
-0.027
-0.038
1.3
-0.023
Shares Owned By Insiders
N/A
5.41
20.95
13.08
N/A
20.19
11.11
81.67
40.88
29.46
Revenue
N/A
25.13 K
13.13 M
19.27 M
N/A
2
N/A
4.35 M
5.38 M
1.27 M
Working Capital
(1.12 M)
N/A
N/A
(28.51 M)
N/A
N/A
N/A
N/A
2.82 M
N/A
Cash And Equivalents
36.48 K
246.94 K
142.21 M
547.28 K
566
100.24 M
1.14 M
760.63 K
3.51 M
120.26 K
Cash Per Share
N/A
N/A
5.1
0.01
N/A
0.1
N/A
0.01
3.6
N/A
Gross Profit
(185.8 K)
18.74 K
2.6 M
10.51 M
N/A
(1.1 M)
N/A
443.88 K
2.48 M
1.27 M
Day Typical Price
0.0749
0.0035
0.001
0.043
0.0033
0.01
0.0108
0.1
6.85
0.0529
Accumulation Distribution
0.22
N/A
N/A
0.71
N/A
N/A
0.19
N/A
N/A
N/A
Market Facilitation Index
0.0197
N/A
N/A
0.0438
N/A
N/A
0.0023
N/A
N/A
N/A
Daily Balance Of Power
(1.30)
0
0.0
(0.03)
9.2 T
0.0
(0.43)
0.0
0.0
0
Period Momentum Indicator
(0.03)
(0.0007)
N/A
(0)
6.0E-4
N/A
(0)
N/A
N/A
(0.03)
Rate Of Daily Change
0.73
0.83
1.0
0.98
1.22
1.0
0.91
1.0
1.0
0.66
Day Median Price
0.0782
0.0035
0.001
0.0401
0.0033
0.01
0.0112
0.1
6.85
0.0529
Price Action Indicator
(0.02)
(0.0003)
N/A
0.0083
3.0E-4
N/A
(0)
N/A
N/A
(0.01)
Relative Strength Index
50.59
34.1
100.0
56.19
44.27
49.14
49.42
59.66
63.63
12.36
Coefficient Of Variation
784.22
(2,699)
812.4
880.98
6979.92
820.92
2075.55
9330.94
1334.2
(26,318)
Mean Deviation
85.76
3.09
26.86
19.65
3.94
14.63
9.08
0.3416
0.7971
1.41
Jensen Alpha
45.01
(0.23)
11.39
3.78
0.095
4.45
0.7639
(0)
0.1401
0.0242
Total Risk Alpha
11.55
(1.07)
3.28
0.6551
(1.33)
0.9929
(0.60)
(0.16)
(0.05)
(0.54)
Sortino Ratio
1.57
N/A
N/A
0.165
N/A
N/A
0.0438
N/A
N/A
N/A
Downside Variance
750.96
N/A
N/A
493.81
N/A
N/A
157.82
N/A
N/A
N/A
Standard Deviation
338.39
8.15
110.78
33.0
16.71
35.24
13.06
1.85
2.15
5.46
Kurtosis
65.09
11.29
66.0
11.33
30.53
16.22
2.59
32.85
13.39
25.03
Potential Upside
60.18
5.45
N/A
59.47
N/A
100.0
28.57
N/A
2.27
2.86
Treynor Ratio
(1.58)
0.2725
0.4165
(5.29)
0.1166
(1.74)
(0.29)
0.0602
0.9062
0.0382
Maximum Drawdown
2773.77
69.89
900.0
139.41
154.33
266.67
73.08
11.11
17.62
50.54
Variance
114507.36
66.35
12272.73
1089.09
279.3
1241.97
170.47
3.44
4.64
29.77
Market Risk Adjusted Performance
(1.57)
0.2825
0.4265
(5.28)
0.1266
(1.73)
(0.28)
0.0702
0.9162
0.0482
Risk Adjusted Performance
0.1033
(0.02)
0.1001
0.0929
0.0201
0.099
0.0447
0.0139
0.0615
0.0059
Skewness
8.04
0.913
8.12
2.68
3.2
3.37
1.24
0.8921
1.2
(3.09)
Semi Deviation
18.64
N/A
N/A
16.25
N/A
N/A
8.47
N/A
N/A
N/A
Information Ratio
0.1273
(0.05)
0.1224
0.1111
0.0096
0.1196
0.0422
(0.03)
0.0386
(0.02)
Value At Risk
(32.10)
(14.81)
N/A
(33.18)
N/A
(50.00)
(13.33)
N/A
(0.44)
N/A
Expected Short fall
(164.69)
N/A
N/A
(35.96)
N/A
N/A
(18.26)
N/A
N/A
N/A
Downside Deviation
27.4
N/A
N/A
22.22
N/A
N/A
12.56
N/A
N/A
N/A
Semi Variance
347.33
N/A
N/A
264.15
N/A
N/A
71.69
N/A
N/A
N/A

Hydrogen Engine Competition Performance Charts

Five steps to successful analysis of Hydrogen Engine Competition

Hydrogen Engine'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 Hydrogen Engine Center in relation to its competition. Hydrogen Engine's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Hydrogen Engine 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 Hydrogen Engine's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hydrogen Engine Center, 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 Hydrogen Engine position

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Other Information on Investing in Hydrogen Pink Sheet

Hydrogen Engine financial ratios help investors to determine whether Hydrogen 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 Hydrogen with respect to the benefits of owning Hydrogen Engine security.
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