Ivanhoe Competitors
| IE Stock | USD 16.49 0.17 1.02% |
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 Ivanhoe Electric competition on your existing holdings.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ivanhoe Electric'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.
Ivanhoe Electric Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ivanhoe Electric 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 Ivanhoe 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 Ivanhoe Electric 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 Ivanhoe Stock performing well and Ivanhoe Electric 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 Ivanhoe Electric'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JAMF | 0.95 | 0.32 | 0.15 | 1.23 | 0.80 | 2.74 | 15.40 | |||
| PRGS | 1.44 | (0.23) | 0.00 | (0.14) | 0.00 | 3.00 | 12.09 | |||
| DV | 1.68 | (0.08) | 0.00 | (0.03) | 0.00 | 3.14 | 17.80 | |||
| PLUS | 1.50 | 0.28 | 0.21 | 0.32 | 1.18 | 3.32 | 19.34 | |||
| LSPD | 2.10 | (0.04) | 0.00 | 0.05 | 2.50 | 3.00 | 21.17 | |||
| CXM | 1.20 | (0.06) | (0.04) | (0.01) | 1.76 | 2.65 | 10.05 | |||
| KDK | 4.50 | 0.40 | 0.08 | 0.38 | 5.17 | 10.61 | 41.55 | |||
| PAR | 2.13 | (0.10) | (0.02) | 0.01 | 2.52 | 5.68 | 22.24 | |||
| OUST | 4.82 | (0.10) | 0.01 | 0.05 | 6.35 | 8.88 | 30.80 | |||
| WBTN | 2.43 | (0.57) | 0.00 | (0.14) | 0.00 | 4.49 | 30.26 |
Ivanhoe Electric Competitive Analysis
The better you understand Ivanhoe Electric competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ivanhoe Electric'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 Ivanhoe Electric'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 |
Ivanhoe Electric Competition Performance Charts
Five steps to successful analysis of Ivanhoe Electric Competition
Ivanhoe Electric'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 Ivanhoe Electric in relation to its competition. Ivanhoe Electric's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ivanhoe Electric 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 Ivanhoe Electric's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ivanhoe Electric, 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 Ivanhoe Electric position
In addition to having Ivanhoe Electric 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?
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Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 138 constituents at this time.
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Check out Ivanhoe Electric Correlation with its peers.For information on how to trade Ivanhoe Stock refer to our How to Trade Ivanhoe Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Stock space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ivanhoe Electric. If investors know Ivanhoe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ivanhoe Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ivanhoe Electric is measured differently than its book value, which is the value of Ivanhoe that is recorded on the company's balance sheet. Investors also form their own opinion of Ivanhoe Electric's value that differs from its market value or its book value, called intrinsic value, which is Ivanhoe Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ivanhoe Electric's market value can be influenced by many factors that don't directly affect Ivanhoe Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ivanhoe Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ivanhoe Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ivanhoe Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.