Ramaco Competitors
| METC Stock | USD 17.19 0.50 3.00% |
Ramaco Resources vs Expro Group Correlation
Weak diversification
The correlation between Ramaco Resources and XPRO is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ramaco Resources and XPRO in the same portfolio, assuming nothing else is changed.
Moving against Ramaco Stock
At present, Ramaco Resources' Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.02, whereas Return On Equity is forecasted to decline to 0.03. At present, Ramaco Resources' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 21.4 M, whereas Net Tangible Assets are forecasted to decline to about 124.2 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ramaco Resources' 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.
Ramaco Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ramaco Resources 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 Ramaco 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 Ramaco Resources does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Ramaco Stock performing well and Ramaco Resources 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 Ramaco Resources' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NRP | 0.85 | 0.24 | 0.21 | 1.00 | 0.49 | 2.20 | 6.49 | |||
| CSIQ | 4.90 | (0.35) | 0.00 | (0.08) | 0.00 | 10.16 | 36.09 | |||
| NEXT | 2.55 | (0.17) | 0.00 | (0.07) | 0.00 | 5.21 | 17.50 | |||
| GLP | 1.57 | 0.17 | 0.05 | 0.80 | 1.88 | 3.06 | 9.16 | |||
| DNOW | 1.59 | 0.22 | 0.11 | 0.32 | 1.78 | 3.90 | 11.62 | |||
| WKC | 1.44 | 0.02 | 0.00 | 0.12 | 2.04 | 2.94 | 11.51 | |||
| EFXT | 1.98 | 0.47 | 0.14 | 0.94 | 2.56 | 5.00 | 17.86 | |||
| AESI | 2.55 | 0.12 | 0.02 | 0.36 | 4.00 | 5.00 | 16.21 | |||
| FLNG | 0.97 | 0.05 | (0.05) | (0.07) | 1.40 | 2.09 | 7.10 | |||
| XPRO | 2.40 | 0.27 | 0.13 | 0.26 | 2.36 | 6.14 | 14.92 |
Cross Equities Net Income Analysis
Compare Ramaco Resources and related stocks such as Natural Resource Partners, Canadian Solar, and Nextdecade Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NRP | 12.8 M | 53 M | 213.4 M | 172.1 M | 108.8 M | (571.7 M) | 96.9 M | 88.7 M | 139.5 M | (24.5 M) | (84.8 M) | 108.9 M | 268.5 M | 274.4 M | 183.6 M | 211.2 M | 221.8 M |
| CSIQ | 625 K | (90.8 M) | (195.5 M) | 31.7 M | 239.5 M | 171.9 M | 65.2 M | 99.6 M | 237.1 M | 171.6 M | 146.7 M | 95.2 M | 240 M | 274.2 M | 36.1 M | 41.5 M | 75.7 M |
| NEXT | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (263.2 K) | (434.7 K) | (35.3 M) | (42 M) | (35.9 M) | (14.3 M) | (22 M) | (60.1 M) | (162.3 M) | (61.8 M) | (55.6 M) | (58.4 M) |
| GLP | 20.6 M | 19.4 M | 46.7 M | 42.6 M | 114.7 M | 43.6 M | (199.4 M) | 58.8 M | 103.9 M | 35.9 M | 102.2 M | 60.8 M | 362.2 M | 152.5 M | 107.7 M | 123.8 M | 130 M |
| DNOW | 108 M | 108 M | 108 M | 147 M | 116 M | (502 M) | (234 M) | (52 M) | 52 M | (97 M) | (427 M) | 5 M | 128 M | 247 M | 81 M | 93.2 M | 97.8 M |
| WKC | 200 K | 194 M | 189.3 M | 203.1 M | 221.7 M | 186.9 M | 126.5 M | (170.2 M) | 127.7 M | 178.9 M | 109.6 M | 73.7 M | 114.1 M | 52.9 M | 67.4 M | 77.5 M | 67.4 M |
| EFXT | 120.5 M | (7 M) | 71.8 M | 55.9 M | 70.3 M | 45.7 M | (104.7 M) | 97.6 M | 101 M | 116.9 M | 88.1 M | (14.6 M) | (100.9 M) | (83 M) | 32 M | 28.8 M | 29.4 M |
| AESI | (34.4 M) | (34.4 M) | (34.4 M) | (34.4 M) | (34.4 M) | (34.4 M) | (34.4 M) | (34.4 M) | (34.4 M) | (34.4 M) | (34.4 M) | 4.3 M | 217 M | 160 M | 59.9 M | 68.9 M | 89.5 M |
| FLNG | (2.1 M) | (136 M) | (298.8 M) | 205.5 M | (2.6 M) | (2.5 M) | (1.8 M) | (10.4 M) | 11.8 M | 17 M | 8.1 M | 162.2 M | 188 M | 120 M | 117.7 M | 135.3 M | 142.1 M |
| XPRO | (1.7 B) | (1.7 B) | (655.9 M) | (705 M) | (1.3 B) | 79.1 M | (135.3 M) | (159.5 M) | (90.7 M) | (235.3 M) | (307 M) | (131.9 M) | (20.1 M) | (23.4 M) | 51.9 M | 59.7 M | 62.7 M |
Ramaco Resources and related stocks such as Natural Resource Partners, Canadian Solar, and Nextdecade Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ramaco Resources financial statement analysis. It represents the amount of money remaining after all of Ramaco Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ramaco Resources Competitive Analysis
The better you understand Ramaco Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ramaco Resources' 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 Ramaco Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Ramaco Resources Competition Performance Charts
Five steps to successful analysis of Ramaco Resources Competition
Ramaco Resources' 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 Ramaco Resources in relation to its competition. Ramaco Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ramaco Resources 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 Ramaco Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ramaco Resources, 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 Ramaco Resources position
In addition to having Ramaco Resources 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?
Run Obamacare Repeal Thematic Idea Now
Obamacare Repeal
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Obamacare Repeal Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Ramaco Resources Correlation with its peers. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Will Metals & Mining sector continue expanding? Could Ramaco diversify its offerings? Factors like these will boost the valuation of Ramaco Resources. Expected growth trajectory for Ramaco significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ramaco Resources data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.89) | Dividend Share 0.344 | Earnings Share (0.68) | Revenue Per Share | Quarterly Revenue Growth (0.28) |
The market value of Ramaco Resources is measured differently than its book value, which is the value of Ramaco that is recorded on the company's balance sheet. Investors also form their own opinion of Ramaco Resources' value that differs from its market value or its book value, called intrinsic value, which is Ramaco Resources' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Ramaco Resources' market value can be influenced by many factors that don't directly affect Ramaco Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Ramaco Resources' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Ramaco Resources represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Ramaco Resources' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.