MYR Competitors
| MYRG Stock | USD 268.76 15.90 6.29% |
MYR vs Everus Construction Correlation
Very weak diversification
The correlation between MYR Group and ECG is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MYR Group and ECG in the same portfolio, assuming nothing else is changed.
Moving together with MYR Stock
Moving against MYR Stock
At this time, MYR's Return On Assets are most likely to increase slightly in the upcoming years. At this time, MYR's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The MYR's current Other Current Assets is estimated to increase to about 51.3 M, while Net Tangible Assets are projected to decrease to roughly 285.6 M.MYR Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between MYR 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 MYR 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 MYR 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 MYR Stock performing well and MYR 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 MYR'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AGX | 3.47 | 0.20 | 0.05 | 0.25 | 4.02 | 7.30 | 23.61 | |||
| TPC | 1.90 | 0.23 | 0.10 | 0.27 | 2.23 | 4.29 | 9.98 | |||
| GVA | 1.03 | 0.29 | 0.26 | 0.42 | 0.74 | 2.62 | 5.83 | |||
| BRC | 0.93 | 0.26 | 0.20 | 0.55 | 0.88 | 2.35 | 5.12 | |||
| HAYW | 1.10 | (0.09) | (0.05) | 0.01 | 1.13 | 3.15 | 8.28 | |||
| EXPO | 1.39 | 0.04 | 0.06 | 0.10 | 1.41 | 2.96 | 10.19 | |||
| CAAP | 1.49 | 0.34 | 0.22 | 0.46 | 1.08 | 4.22 | 8.44 | |||
| VSEC | 2.35 | 0.06 | 0.04 | 0.12 | 2.86 | 4.95 | 21.74 | |||
| GFF | 1.62 | 0.25 | 0.20 | 0.25 | 1.16 | 4.99 | 8.65 | |||
| ECG | 2.65 | 0.01 | 0.02 | 0.09 | 3.74 | 5.24 | 20.64 |
Cross Equities Net Income Analysis
Compare MYR Group and related stocks such as Argan Inc, Tutor Perini, and Granite Construction Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AGX | 300 K | 9.3 M | 23.3 M | 40.1 M | 30.4 M | 36.3 M | 70.3 M | 72 M | 52 M | (42.9 M) | 23.9 M | 38.2 M | 33.1 M | 32.4 M | 85.5 M | 98.3 M | 103.2 M |
| TPC | (17.9 M) | 86.1 M | (265.4 M) | 87.3 M | 107.9 M | 45.3 M | 95.8 M | 148.4 M | 83.4 M | (387.7 M) | 108.4 M | 91.9 M | (210 M) | (171.2 M) | (163.7 M) | (147.3 M) | (140 M) |
| GVA | 15 M | 51.2 M | 45.3 M | (36.4 M) | 25.3 M | 60.5 M | 57.1 M | 34.1 M | 582 K | 53.7 M | (145.1 M) | 10.1 M | 83.3 M | 43.6 M | 126.3 M | 145.3 M | 152.6 M |
| BRC | 9.4 M | (17.9 M) | (154.5 M) | (46 M) | 3 M | 80.1 M | 95.6 M | 91.1 M | 131.3 M | 112.4 M | 129.7 M | 150 M | 174.9 M | 197.2 M | 189.3 M | 217.6 M | 228.5 M |
| HAYW | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 43.3 M | 203.7 M | 179.3 M | 80.7 M | 118.7 M | 136.5 M | 116.3 M |
| EXPO | 82.6 M | 32.7 M | 37.2 M | 38.6 M | 40.7 M | 43.6 M | 47.5 M | 41.3 M | 72.3 M | 82.5 M | 82.6 M | 101.2 M | 102.3 M | 100.3 M | 109 M | 106 M | 111.3 M |
| CAAP | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 105.5 M | 33.8 M | 63.5 M | 7.1 M | (5.8 M) | (361.9 M) | (159.8 M) | 168.2 M | 239.5 M | 282.7 M | 325.1 M | 341.3 M |
| VSEC | 2.5 M | 20.6 M | 21.3 M | 22.9 M | 19.4 M | 24.9 M | 26.8 M | 39.1 M | 35.1 M | 37 M | (5.2 M) | 8 M | 28.1 M | 39.1 M | 30.5 M | 35.1 M | 36.9 M |
| GFF | 4.6 M | 17 M | 3.8 M | (177 K) | 34.3 M | 30 M | 14.9 M | 125.7 M | 37.3 M | 53.4 M | 79.2 M | (191.6 M) | 77.6 M | 209.9 M | 51.1 M | 58.8 M | 61.7 M |
| ECG | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 124.8 M | 137.2 M | 143.4 M | 164.9 M | 141.6 M |
MYR Group and related stocks such as Argan Inc, Tutor Perini, and Granite Construction Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in MYR Group financial statement analysis. It represents the amount of money remaining after all of MYR Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.MYR Competitive Analysis
The better you understand MYR competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, MYR'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 MYR'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 |
MYR Competition Performance Charts
Five steps to successful analysis of MYR Competition
MYR'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 MYR Group in relation to its competition. MYR's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of MYR 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 MYR's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to MYR 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.
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Check out MYR Correlation with its peers. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Can Construction & Engineering industry sustain growth momentum? Does MYR have expansion opportunities? Factors like these will boost the valuation of MYR. Expected growth trajectory for MYR significantly influences the price investors are willing to assign. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating MYR demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 2.154 | Earnings Share 6.16 | Revenue Per Share | Quarterly Revenue Growth 0.07 | Return On Assets |
Understanding MYR Group requires distinguishing between market price and book value, where the latter reflects MYR's accounting equity. The concept of intrinsic value - what MYR's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push MYR's price substantially above or below its fundamental value.
Understanding that MYR's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether MYR represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, MYR's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.