Mistras Competitors
| MG Stock | USD 14.56 0.54 3.85% |
Mistras vs Montana Technologies Correlation
Significant diversification
The correlation between Mistras Group and AIRJ is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mistras Group and AIRJ in the same portfolio, assuming nothing else is changed.
Moving together with Mistras Stock
Moving against Mistras Stock
| 0.71 | WFCF | Where Food Comes Earnings Call This Week | PairCorr |
| 0.71 | MANO | Manolete Partners PLC | PairCorr |
| 0.62 | CBZ | CBIZ Inc | PairCorr |
| 0.52 | RGP | Resources Connection | PairCorr |
| 0.5 | VRSK | Verisk Analytics | PairCorr |
Mistras Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Mistras 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 Mistras 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 Mistras Group 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 Mistras Stock performing well and Mistras 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 Mistras' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NL | 2.18 | 0.15 | 0.06 | 0.23 | 2.24 | 5.51 | 20.34 | |||
| CIX | 1.73 | 0.24 | 0.07 | (0.93) | 2.04 | 3.22 | 19.01 | |||
| PKOH | 1.93 | 0.50 | 0.22 | 0.52 | 1.83 | 5.26 | 10.51 | |||
| RLGT | 1.80 | 0.19 | 0.09 | 0.18 | 2.08 | 3.86 | 23.53 | |||
| PANL | 2.15 | 0.43 | 0.18 | 0.49 | 2.01 | 3.77 | 22.60 | |||
| BNC | 4.36 | (0.53) | 0.00 | (0.17) | 0.00 | 9.58 | 35.96 | |||
| CVEO | 0.96 | 0.34 | 0.33 | 0.51 | 0.49 | 2.53 | 4.52 | |||
| FSTR | 1.46 | 0.14 | 0.08 | 0.23 | 1.41 | 3.47 | 11.26 | |||
| NPWR | 3.22 | (0.76) | 0.00 | (0.28) | 0.00 | 7.00 | 18.48 | |||
| AIRJ | 4.31 | (0.64) | 0.00 | (0.13) | 0.00 | 13.28 | 31.81 |
Cross Equities Net Income Analysis
Compare Mistras Group and related stocks such as NL Industries, CompX International, and Park Ohio Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NL | (19.9 M) | 81.7 M | 74.5 M | (55.3 M) | 28.5 M | (23.9 M) | 15.3 M | 116.1 M | (41 M) | 25.8 M | 14.7 M | 51.2 M | 33.8 M | (2.3 M) | 67.2 M | 60.5 M | 40 M |
| CIX | 16.7 M | 7.7 M | 35 M | 6 M | 8.7 M | 9.1 M | 10.5 M | 13.2 M | 15.3 M | 16 M | 10.3 M | 16.6 M | 20.9 M | 22.6 M | 16.6 M | 19.1 M | 12.5 M |
| PKOH | 2 M | 29.4 M | 31.8 M | 43.4 M | 45.6 M | 48.1 M | 31.7 M | 28.6 M | 53.6 M | 38.6 M | (4.5 M) | (24.8 M) | (14.2 M) | 7.8 M | 31.8 M | 36.6 M | 38.4 M |
| RLGT | (25.3 K) | 1.9 M | 3.7 M | 5.1 M | 5.9 M | (3.5 M) | 4.9 M | 10.2 M | 16.3 M | 10.5 M | 23.1 M | 44.5 M | 20.6 M | 7.7 M | 17.3 M | 19.9 M | 20.9 M |
| PANL | 3.2 M | 3.2 M | (2.7 M) | 15.5 M | (12.1 M) | 11.3 M | 7.5 M | 7.8 M | 17.8 M | 11.7 M | 11.4 M | 67.2 M | 79.5 M | 26.3 M | 28.9 M | 33.2 M | 21.5 M |
| BNC | (24.7 K) | (1.6 M) | (779 K) | (193.2 K) | (3 M) | (5.3 M) | (3.3 M) | (4.9 M) | (4.7 M) | (1.3 M) | (1.8 M) | (1.3 M) | (5.5 M) | (2.9 M) | (3.1 M) | (2.8 M) | (3 M) |
| CVEO | 244.7 M | 244.7 M | 244.7 M | 181.9 M | (189 M) | (131.8 M) | (96.4 M) | (105.7 M) | (82.2 M) | (58.3 M) | (134.2 M) | 1.4 M | 4 M | 30.2 M | (17.1 M) | (15.4 M) | (16.1 M) |
| FSTR | 22.9 M | 22.9 M | 16.2 M | 29.3 M | 25.7 M | (44.4 M) | (141.7 M) | 4.1 M | (31.2 M) | 42.6 M | 7.6 M | 3.6 M | (45.6 M) | 1.5 M | 42.9 M | 49.4 M | 51.9 M |
| NPWR | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (38.3 M) | (54.8 M) | (77.2 M) | (49.2 M) | (44.3 M) | (46.5 M) |
| AIRJ | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.8 M) | (11.4 M) | 215.7 M | 248 M | 260.5 M |
Mistras Group and related stocks such as NL Industries, CompX International, and Park Ohio Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Mistras Group financial statement analysis. It represents the amount of money remaining after all of Mistras Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Mistras Competitive Analysis
The better you understand Mistras competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Mistras' 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 Mistras' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Mistras Competition Performance Charts
Five steps to successful analysis of Mistras Competition
Mistras' 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 Mistras Group in relation to its competition. Mistras' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Mistras 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 Mistras' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Mistras Group, 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 Mistras position
In addition to having Mistras 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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Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 38 constituents at this time.
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Check out Mistras 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.
Can Research & Consulting Services industry sustain growth momentum? Does Mistras have expansion opportunities? Factors like these will boost the valuation of Mistras. Expected growth trajectory for Mistras significantly influences the price investors are willing to assign. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Mistras demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 1.05 | Earnings Share 0.59 | Revenue Per Share | Quarterly Revenue Growth 0.07 | Return On Assets |
Investors evaluate Mistras Group using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Mistras' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Mistras' market price to deviate significantly from intrinsic value.
Understanding that Mistras' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mistras represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Mistras' market price signifies the transaction level at which participants voluntarily complete trades.