Magellan Competitors
Magellan Energy competes with Stamper Oil, and King Resources; as well as few others. The company conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. Analyzing Magellan Energy 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 Magellan Energy to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Magellan Energy Correlation with its peers. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.
Magellan Energy vs Forbes Energy Correlation
Magellan Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Magellan Energy 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 Magellan 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 Magellan Energy 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 Magellan Stock performing well and Magellan Energy 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 Magellan Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ONTRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SPRL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STMGF | 4.50 | 1.17 | 0.07 | (0.16) | 4.81 | 10.00 | 92.42 | |||
| AXGC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KRFG | 11.50 | 4.92 | 0.36 | (4.22) | 8.99 | 31.58 | 103.83 | |||
| EXLA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KDKN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STDE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MLORF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FLSS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cross Equities Net Income Analysis
Compare Magellan Energy and related stocks such as Blackrock Oil, Strat Petroleum, and Stamper Oil Gas Net Income Over Time
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPRL | (2.5 M) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (118.8 K) | (136.6 K) | (143.5 K) |
Magellan Energy and related stocks such as Blackrock Oil, Strat Petroleum, and Stamper Oil Gas Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Magellan Energy financial statement analysis. It represents the amount of money remaining after all of Magellan Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Magellan Energy Competitive Analysis
The better you understand Magellan Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Magellan Energy'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 Magellan Energy'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 |
Magellan Energy Competition Performance Charts
Five steps to successful analysis of Magellan Energy Competition
Magellan Energy'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 Magellan Energy in relation to its competition. Magellan Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Magellan Energy 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 Magellan Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Magellan Energy, 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.
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Check out Magellan Energy Correlation with its peers. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Can Oil & Gas Exploration & Production industry sustain growth momentum? Does Magellan have expansion opportunities? Factors like these will boost the valuation of Magellan Energy. Expected growth trajectory for Magellan significantly influences the price investors are willing to assign. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Magellan Energy demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
The market value of Magellan Energy is measured differently than its book value, which is the value of Magellan that is recorded on the company's balance sheet. Investors also form their own opinion of Magellan Energy's value that differs from its market value or its book value, called intrinsic value, which is Magellan Energy's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Magellan Energy's market value can be influenced by many factors that don't directly affect Magellan Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Magellan Energy's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Magellan Energy represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Magellan Energy's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.