ION Competitors

Summary

ION Geophysical competes with Torm PLC, Alta Equipment, Cumulus Media, Old Dominion, and Willscot Mobile; as well as few others. The company is active under Energy sector as part of Oil & Gas Equipment & Services industry. Analyzing ION Geophysical 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 ION Geophysical to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

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 ION Geophysical competition on your existing holdings.

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ION Geophysical Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ION Geophysical and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of ION 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 ION Geophysical does not affect the price movement of the other competitor.

	TRMD	LLGCF	ALTG	CMLS	ODFL	WSC	BEDU	AL
TRMD		0.0	-0.54	0.95	-0.75	0.45	0.2	-0.62	TRMD
LLGCF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	LLGCF
ALTG	-0.54	0.0		-0.6	0.82	-0.01	-0.26	0.86	ALTG
CMLS	0.95	0.0	-0.6		-0.8	0.42	0.13	-0.69	CMLS
ODFL	-0.75	0.0	0.82	-0.8		-0.16	-0.27	0.85	ODFL
WSC	0.45	0.0	-0.01	0.42	-0.16		-0.01	-0.16	WSC
BEDU	0.2	0.0	-0.26	0.13	-0.27	-0.01		-0.24	BEDU
AL	-0.62	0.0	0.86	-0.69	0.85	-0.16	-0.24		AL
	TRMD	LLGCF	ALTG	CMLS	ODFL	WSC	BEDU	AL

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High positive correlations

CMLS	+ 0.95	TRMD
AL	+ 0.86	ALTG
AL	+ 0.85	ODFL
ODFL	+ 0.82	ALTG
WSC	+ 0.45	TRMD
WSC	+ 0.42	CMLS

High negative correlations

ODFL	- 0.8	CMLS
ODFL	- 0.75	TRMD
AL	- 0.69	CMLS
AL	- 0.62	TRMD
CMLS	- 0.6	ALTG
ALTG	- 0.54	TRMD

Risk-Adjusted Indicators

There is a big difference between ION Stock performing well and ION Geophysical 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 ION Geophysical'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
TRMD	1.72	(0.80)	0.00	(1.06)	0.00	0.00	2.54	(5.12)	12.22
LLGCF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ALTG	3.17	0.06	0.09	0.14	3.64	(3.56)	6.88	(5.48)	25.52
CMLS	2.95	(1.17)	0.00	(5.57)	0.00	0.00	4.62	(6.58)	26.58
ODFL	1.62	(0.07)	0.02	0.08	2.25	(1.57)	2.68	(3.52)	14.71
WSC	1.92	(0.21)	(0.04)	0.00	3.00	(2.19)	3.73	(3.34)	19.44
BEDU	2.62	0.10	0.00	(4.25)	3.20	(3.19)	5.56	(5.85)	18.70
AL	1.25	(0.01)	0.05	0.12	1.34	(1.48)	2.92	(2.41)	7.58

Unable to evaluate fundamental data of [TRMD, LLGCF, ALTG, CMLS, ODFL, WSC, BEDU, AL] at this time. Please try again later

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ION Geophysical Competitive Analysis

The better you understand ION Geophysical competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ION Geophysical'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 ION Geophysical'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

	TRMD	LLGCF	ALTG	CMLS	ODFL	WSC	BEDU	AL
	0.83 21.89 Torm	0.00 0.45 Lendlease	5.33 7.91 Alta	1.35 0.73 Cumulus	0.85 220.25 Old	2.43 36.30 Willscot	1.61 1.83 Bright	1.69 50.64 Air
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Somewhat reliable	Very risky	Very steady	Very steady	Unstable	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Insignificant	Very Weak	Modest	Very Weak	Very Weak	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Unknown	Below Average	Below Average	Very Small	Very Small	About Average	Below Average
Current Valuation (Equity Enterprise Value)	Under Valued	Over Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Strong Buy	Not Available	Buy	Hold	Buy	Buy	Hold	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Sell	Strong Sell	Strong Sell	Strong Hold	Strong Hold	Strong Sell	Strong Hold
Current Ratio	2.25 X		1.06 X	2.56 X	1.74 X	0.90 X	0.89 X	0.90 X
Net Asset	2.87 B		1.57 B	1.44 B	5.51 B	6.14 B	4.62 B	30.45 B
Profit Margin	0.44 %		(0.03) %	(0.18) %	0.21 %	0.01 %	(0.16) %	0.20 %
EBITDA	782.75 M		187 M	35.85 M	1.97 B	1.01 B	(109.28 M)	2.53 B
Operating Margin	0.35 %		0.02 %	0.03 %	0.27 %	0.25 %	0.09 %	0.50 %
Current Valuation	2.83 B		1.48 B	758.13 M	47.01 B	10.58 B	199.88 M	25.34 B
Price To Book	1.03 X		2.75 X	0.05 X	11.26 X	6.36 X	0.28 X	0.73 X
Retained Earnings	1.38 B		(76.4 M)	(21.4 M)	4 B	(775.09 M)	(473.15 M)	3.87 B
Current Asset	384.58 M		44.43 K	131.43 M	381.73 M	N/A	1.46 B	1.24 B
Five Year Return	N/A		N/A	N/A	0.32 %	N/A	N/A	1.40 %
Beta	-0.063		1.67	1.45	0.99	1.37	0.44	1.6
Number Of Employees	579		3 K	2.46 K	22.69 K	5 K	3.95 K	163
Shares Outstanding	96.35 M		33.26 M	16.67 M	213.5 M	184.76 M	7.83 M	111.38 M
Cash Flow From Operations	805.05 M		63.8 M	31.66 M	1.57 B	761.24 M	22.26 M	1.75 B
Annual Yield	0.26 %		0.03 %	N/A	0 %	N/A	N/A	0.02 %
Total Debt	1.06 B		1.18 B	813.08 M	200.38 M	3.8 B	1.65 B	19.18 B
Return On Equity	0.4		-0.44	-0.48	0.3	0.0213	-0.22	0.0732
Z Score	N/A		N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	0.14		0.0117	-0.0019	0.19	0.0592	0.0092	0.0281
Number Of Shares Shorted	2.73 M		2.78 M	149.69 K	9.48 M	13.44 M	1.84 K	3.13 M
Book Value Per Share	21.43 X		2.89 X	13.94 X	19.53 X	5.63 X	47.85 X	68.92 X
Current Liabilities	134.17 M		273.94 K	51.18 M	285.4 M	N/A	1.35 B	1.07 B
Total Asset	2.87 B		1.57 B	1.44 B	5.51 B	6.14 B	4.62 B	30.45 B
Debt To Equity	0.86 %		5.38 %	2.20 %	0.03 %	1.85 %	1.43 %	2.85 %
Short Ratio	2.37 X		12.54 X	2.97 X	6.78 X	4.76 X	0.34 X	4.96 X
Target Price	33.32		12.86	11.0	197.82	43.0	3.07	57.57
Last Dividend Paid	5.86		0.23	N/A	0.98	N/A	N/A	0.84
Shares Owned By Institutions	68.25 %		68.00 %	43.32 %	80.41 %	97.33 %	22.04 %	99.13 %
Market Capitalization	2.32 B		263.06 M	12.33 M	47.02 B	6.71 B	54.4 M	5.64 B
Price To Earning	23.41 X		211.67 X	2.93 X	46.55 X	40.15 X	32.65 X	8.71 X
Price To Earnings To Growth	N/A		N/A	0.54 X	3.29 X	1.35 X	N/A	0.91 X
Price To Sales	1.29 X		0.14 X	0.01 X	7.94 X	2.79 X	0.02 X	2.06 X
Net Income	661.34 M		8.9 M	(117.88 M)	1.24 B	476.46 M	(386.82 M)	614.62 M
Earnings Per Share	8.08 X		(1.71) X	(8.80) X	5.73 X	0.12 X	(1.64) X	4.39 X
Shares Owned By Insiders	0.39 %		26.59 %	17.46 %	10.12 %	2.67 %	17.40 %	6.51 %
Revenue	1.55 B		1.88 B	844.55 M	5.87 B	2.36 B	2.12 B	2.68 B
Working Capital	425.79 M		202.9 M	143.16 M	598.67 M	7.08 M	(553 M)	(843.51 M)
Cash And Equivalents	133.3 M		500 K	108.69 M	375.56 M	11.71 M	1.99 B	766.42 M
Cash Per Share	1.64 X		0.02 X	5.71 X	3.37 X	0.05 X	67.23 X	9.13 X
Gross Profit	781.78 M		419.6 M	595.98 M	2.49 B	1.14 B	597.33 M	1.35 B
Day Typical Price	21.68	0.45	7.82	0.73	219.89	36.08	1.84	50.32
Accumulation Distribution	0.0297	N/A	0.0489	0.0667	0.0152	0.0272	0.0729	0.025
Market Facilitation Index	0.65	N/A	0.39	0.05	3.36	0.99	0.14	1.27
Daily Balance Of Power	0.2769	0.0	1.025641	(0.20)	0.5536	0.8687	(0.21)	0.6614
Period Momentum Indicator	0.18	N/A	0.4	(0.01)	1.86	0.86	(0.03)	0.84
Rate Of Daily Change	1.01	1.0	1.05	0.99	1.01	1.02	0.98	1.02
Day Median Price	21.58	0.45	7.78	0.73	219.71	35.97	1.85	50.17
Price Action Indicator	0.41	N/A	0.34	N/A	1.47	0.76	(0.04)	0.9
Relative Strength Index	19.89	N/A	58.6	30.8	61.12	81.43	25.69	67.85
Coefficient Of Variation	(329.03)	N/A	894.37	(383.51)	1395.18	37848.13	3153.32	824.7
Mean Deviation	1.72	N/A	3.17	2.95	1.62	1.92	2.62	1.25
Jensen Alpha	(0.80)	N/A	0.0612	(1.17)	(0.07)	(0.21)	0.1044	(0.01)
Total Risk Alpha	(1.08)	N/A	(0.20)	(1.82)	(0.21)	(0.47)	(0.45)	(0.07)
Sortino Ratio	N/A	N/A	0.0898	N/A	0.0157	(0.04)	(0)	0.0468
Downside Variance	N/A	N/A	14.66	N/A	5.64	9.27	15.94	2.18
Standard Deviation	2.32	N/A	4.24	4.34	2.35	2.96	3.52	1.65
Kurtosis	1.46	N/A	1.97	5.4	7.02	10.35	0.465	1.58
Potential Upside	2.54	N/A	6.88	4.62	2.68	3.73	5.56	2.92
Treynor Ratio	(1.06)	N/A	0.1391	(5.57)	0.0824	(0)	(4.25)	0.116
Maximum Drawdown	12.22	N/A	25.52	26.58	14.71	19.44	18.7	7.58
Variance	5.39	N/A	18.0	18.82	5.5	8.79	12.36	2.72
Market Risk Adjusted Performance	(1.05)	N/A	0.1491	(5.56)	0.0924	0.0087	(4.24)	0.126
Risk Adjusted Performance	(0.23)	N/A	0.0939	(0.19)	0.0617	0.0094	0.0321	0.0983
Skewness	(0.86)	N/A	0.4778	(0.87)	1.03	(1.22)	(0.05)	(0)
Semi Deviation	N/A	N/A	3.64	N/A	2.25	3.0	3.2	1.34
Information Ratio	(0.36)	N/A	0.081	(0.29)	0.0159	(0.04)	(0.01)	0.0419
Value At Risk	(5.12)	N/A	(5.48)	(6.58)	(3.52)	(3.34)	(5.85)	(2.41)
Expected Short fall	N/A	N/A	(3.56)	N/A	(1.57)	(2.19)	(3.19)	(1.48)
Downside Deviation	N/A	N/A	3.83	N/A	2.38	3.04	3.99	1.48
Semi Variance	N/A	N/A	13.26	N/A	5.06	9.0	10.23	1.79

ION Geophysical Competition Performance Charts

Five steps to successful analysis of ION Geophysical Competition

ION Geophysical'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 ION Geophysical in relation to its competition. ION Geophysical's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of ION Geophysical 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 ION Geophysical's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ION Geophysical, 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 ION Geophysical position

In addition to having ION Geophysical 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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Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Other Consideration for investing in ION Stock

If you are still planning to invest in ION Geophysical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ION Geophysical's history and understand the potential risks before investing.

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