Itron Competitors
| ITRI Stock | USD 101.11 0.66 0.66% |
Itron vs Wex Correlation
Significant diversification
The correlation between Itron Inc and WEX is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Itron Inc and WEX in the same portfolio, assuming nothing else is changed.
Itron Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Itron 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 Itron 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 Itron Inc 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 Itron Stock performing well and Itron 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 Itron'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OSIS | 2.09 | (0.01) | 0.01 | 0.04 | 2.70 | 4.86 | 21.47 | |||
| BMI | 1.71 | (0.38) | 0.00 | (0.16) | 0.00 | 2.78 | 16.79 | |||
| NOVT | 2.24 | 0.17 | 0.02 | (0.23) | 4.08 | 6.97 | 26.00 | |||
| VNT | 1.22 | (0.20) | 0.00 | (0.10) | 0.00 | 2.23 | 10.93 | |||
| ACIW | 1.32 | (0.28) | 0.00 | (0.55) | 0.00 | 2.08 | 9.43 | |||
| CLSK | 4.74 | (0.68) | 0.00 | (0.30) | 0.00 | 12.27 | 33.02 | |||
| BDC | 1.41 | 0.03 | 0.02 | 0.07 | 1.78 | 3.29 | 10.85 | |||
| ST | 1.72 | 0.21 | 0.09 | 0.43 | 2.01 | 4.81 | 10.52 | |||
| PLXS | 1.92 | 0.52 | 0.24 | 0.33 | 1.87 | 4.31 | 11.46 | |||
| WEX | 1.48 | (0.15) | 0.00 | (0.07) | 0.00 | 3.31 | 8.14 |
Cross Equities Net Income Analysis
Compare Itron Inc and related stocks such as OSI Systems, Badger Meter, and Novanta Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OSIS | 8.2 M | 45.5 M | 44.1 M | 47.9 M | 65.2 M | 26.2 M | 21.1 M | (29.1 M) | 64.8 M | 75.3 M | 74 M | 115.3 M | 91.8 M | 128.2 M | 149.6 M | 172.1 M | 180.7 M |
| BMI | 1.3 M | 19.2 M | 28 M | 24.6 M | 29.7 M | 25.9 M | 32.3 M | 34.6 M | 27.8 M | 47.2 M | 49.3 M | 60.9 M | 66.5 M | 92.6 M | 124.9 M | 141.6 M | 148.7 M |
| NOVT | (8 M) | 29 M | 19.5 M | 7.3 M | (24.3 M) | 35.6 M | 22 M | 60.1 M | 49.1 M | 40.8 M | 44.5 M | 50.3 M | 74.1 M | 72.9 M | 64.1 M | 73.7 M | 77.4 M |
| VNT | 247.7 M | 247.7 M | 247.7 M | 247.7 M | 247.7 M | 247.7 M | 304.7 M | 373.3 M | 385.5 M | 436.5 M | 342 M | 413 M | 401.3 M | 376.9 M | 422.2 M | 485.5 M | 407.3 M |
| ACIW | (33.5 M) | 45.9 M | 48.8 M | 63.9 M | 67.6 M | 85.4 M | 129.5 M | 5.1 M | 68.9 M | 67.1 M | 72.7 M | 127.8 M | 142.2 M | 121.5 M | 203.1 M | 233.6 M | 245.3 M |
| CLSK | (22 K) | (19.7 K) | (31.8 K) | (45.1 K) | (3.5 M) | (2.5 M) | (13.5 M) | (47 M) | (26.1 M) | (23.3 M) | (21.8 M) | (57.3 M) | (138.1 M) | (145.8 M) | 364.5 M | 419.1 M | 440.1 M |
| BDC | 6 M | 114.3 M | 194.5 M | 103.3 M | 74.4 M | 66.2 M | 128 M | 93.2 M | 160.9 M | (377 M) | (55.2 M) | 63.9 M | 254.7 M | 242.8 M | 198.4 M | 228.2 M | 239.6 M |
| ST | (252.5 M) | 6.5 M | 177.5 M | 188.1 M | 283.7 M | 347.7 M | 262.4 M | 408.4 M | 599 M | 282.7 M | 164.3 M | 363.6 M | 310.7 M | (3.9 M) | 128.5 M | 147.7 M | 197.7 M |
| PLXS | 1.7 M | 62.1 M | 82.3 M | 87.2 M | 94.3 M | 76.4 M | 112.1 M | 13 M | 108.6 M | 117.5 M | 138.9 M | 138.2 M | 139.1 M | 111.8 M | 172.9 M | 198.8 M | 208.8 M |
| WEX | 18.7 M | 133.6 M | 96.9 M | 149.2 M | 202.2 M | 101.9 M | 23.5 M | 160.1 M | 168.3 M | 99 M | (243.6 M) | 100 K | 201.4 M | 14.8 M | 309.6 M | 356 M | 373.8 M |
Itron Inc and related stocks such as OSI Systems, Badger Meter, and Novanta Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Itron Inc financial statement analysis. It represents the amount of money remaining after all of Itron Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Itron Competitive Analysis
The better you understand Itron competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Itron'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 Itron'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 |
Itron Competition Performance Charts
Five steps to successful analysis of Itron Competition
Itron'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 Itron Inc in relation to its competition. Itron's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Itron 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 Itron's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Itron Inc, 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 Itron position
In addition to having Itron 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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Investing
Companies involved in money management and investment banking services. The Investing theme has 39 constituents at this time.
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Check out Itron Correlation with its peers. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is there potential for Electronic Equipment, Instruments & Components market expansion? Will Itron introduce new products? Factors like these will boost the valuation of Itron. Market participants price Itron higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about Itron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Earnings Share 5.57 | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets |
Understanding Itron Inc requires distinguishing between market price and book value, where the latter reflects Itron's accounting equity. The concept of intrinsic value - what Itron's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Itron's price substantially above or below its fundamental value.
Please note, there is a significant difference between Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Itron's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.