NACCO Competitors
| NC Stock | USD 54.95 0.29 0.52% |
NACCO Industries vs Summit Midstream Correlation
Very weak diversification
The correlation between NACCO Industries and SMC is 0.55 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NACCO Industries and SMC in the same portfolio, assuming nothing else is changed.
Moving against NACCO Stock
The current year's Return On Capital Employed is expected to grow to 0.08, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, NACCO Industries' Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 85.8 M, whereas Total Current Assets are forecasted to decline to about 226.4 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NACCO Industries' 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.
NACCO Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NACCO Industries 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 NACCO 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 NACCO Industries 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 NACCO Stock performing well and NACCO Industries 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 NACCO Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AREC | 6.31 | (0.07) | (0.01) | 0.01 | 7.73 | 13.10 | 39.16 | |||
| RNGR | 1.67 | 0.22 | 0.12 | 0.23 | 1.82 | 3.77 | 8.57 | |||
| WTI | 2.73 | 0.11 | 0.01 | (0.44) | 2.75 | 6.28 | 15.72 | |||
| JKS | 3.21 | 0.30 | 0.07 | 0.47 | 3.72 | 8.46 | 28.47 | |||
| GFR | 2.94 | 0.32 | 0.06 | (0.47) | 3.51 | 5.87 | 14.81 | |||
| NGS | 1.50 | 0.34 | 0.14 | 4.05 | 1.79 | 3.46 | 11.12 | |||
| FET | 2.39 | 0.60 | 0.14 | 1.26 | 3.58 | 5.52 | 16.88 | |||
| GEOS | 4.90 | (0.52) | 0.00 | (0.51) | 0.00 | 9.49 | 32.68 | |||
| TOYO | 3.03 | 0.68 | 0.22 | 3.39 | 2.51 | 8.28 | 15.80 | |||
| SMC | 1.62 | 0.35 | 0.21 | 1.13 | 1.25 | 3.65 | 15.21 |
Cross Equities Net Income Analysis
Compare NACCO Industries and related stocks such as American Resources Corp, Ranger Energy Services, and WT Offshore Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AREC | (88.9 K) | (88.9 K) | (88.9 K) | (88.9 K) | (88.9 K) | (424.6 K) | (717.7 K) | (14.4 M) | (12.9 M) | (70.9 M) | (10.3 M) | (32.5 M) | (1.4 M) | (38.5 M) | (40.1 M) | (36.1 M) | (34.3 M) |
| RNGR | (6.7 M) | (6.7 M) | (6.7 M) | (6.7 M) | (6.7 M) | (6.7 M) | (5 M) | (6.6 M) | (3.3 M) | 4.4 M | (15.8 M) | (2.1 M) | 15.1 M | 23.8 M | 18.4 M | 21.2 M | 22.2 M |
| WTI | 48.2 M | 172.8 M | 72 M | 51.3 M | (11.7 M) | (1 B) | (249 M) | 79.7 M | 248.8 M | 74.1 M | 37.8 M | (41.5 M) | 231.1 M | 15.6 M | (87.1 M) | (78.4 M) | (74.5 M) |
| JKS | 76 M | 273.3 M | (1.5 B) | 188 M | 673 M | 683.8 M | 1.8 B | 141.7 M | 406.5 M | 898.7 M | 230.4 M | 721 M | 620.5 M | 3.4 B | 54.5 M | 62.7 M | 59.6 M |
| GFR | (360 K) | (360 K) | (360 K) | (360 K) | (360 K) | (360 K) | (360 K) | (360 K) | (360 K) | (360 K) | (360 K) | (711.6 K) | 131.7 M | (135.7 M) | 121.4 M | 139.6 M | 146.6 M |
| NGS | 382 K | 9.8 M | 12.7 M | 14.4 M | 14.1 M | 10.1 M | 6.5 M | 19.9 M | 426 K | (13.9 M) | 1.8 M | (9.2 M) | (569 K) | 4.7 M | 17.2 M | 15.5 M | 16.3 M |
| FET | 19.3 M | 93.3 M | 151.4 M | 129.6 M | 174.3 M | (119.4 M) | (82 M) | (57.1 M) | (374.1 M) | (567.1 M) | (96.9 M) | (82.7 M) | 3.7 M | (18.9 M) | (135.3 M) | (121.8 M) | (115.7 M) |
| GEOS | 6.6 M | 35.1 M | 69.6 M | 36.9 M | (32.6 M) | (46 M) | (56.8 M) | (19.2 M) | (146 K) | (19.2 M) | (14.1 M) | (22.9 M) | 12.2 M | (6.6 M) | (9.7 M) | (8.8 M) | (8.3 M) |
| TOYO | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | (246.9 K) | 2.2 M | 9.9 M | 40.9 M | 47 M | 49.4 M |
| SMC | (213 M) | (213 M) | (213 M) | (213 M) | (213 M) | (213 M) | (213 M) | (213 M) | (213 M) | (213 M) | 192.4 M | (19.9 M) | (123.5 M) | (38.9 M) | (113.2 M) | (101.9 M) | (96.8 M) |
NACCO Industries and related stocks such as American Resources Corp, Ranger Energy Services, and WT Offshore Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in NACCO Industries financial statement analysis. It represents the amount of money remaining after all of NACCO Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.NACCO Industries Competitive Analysis
The better you understand NACCO Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NACCO Industries' 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 NACCO Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
NACCO Industries Competition Performance Charts
Five steps to successful analysis of NACCO Industries Competition
NACCO Industries' 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 NACCO Industries in relation to its competition. NACCO Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of NACCO Industries 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 NACCO Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NACCO Industries, 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 NACCO Industries Correlation with its peers. For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Will Oil, Gas & Consumable Fuels sector continue expanding? Could NACCO diversify its offerings? Factors like these will boost the valuation of NACCO Industries. Anticipated expansion of NACCO directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every NACCO Industries data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.17) | Dividend Share 0.96 | Earnings Share 3.91 | Revenue Per Share | Quarterly Revenue Growth 0.243 |
Understanding NACCO Industries requires distinguishing between market price and book value, where the latter reflects NACCO's accounting equity. The concept of intrinsic value - what NACCO Industries' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push NACCO Industries' price substantially above or below its fundamental value.
It's important to distinguish between NACCO Industries' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NACCO Industries should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, NACCO Industries' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.