NCS Competitors
| NCSM Stock | USD 37.64 1.56 3.98% |
NCS Multistage vs Dynagas LNG Correlation
Very weak diversification
The correlation between NCS Multistage Holdings and DLNG is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NCS Multistage Holdings and DLNG in the same portfolio, assuming nothing else is changed.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NCS Multistage's 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.
NCS Multistage Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NCS Multistage 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 NCS 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 NCS Multistage Holdings 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 NCS Stock performing well and NCS Multistage 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 NCS Multistage'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EPSN | 1.93 | 0.00 | (0.01) | 0.05 | 2.06 | 4.61 | 12.00 | |||
| MMLP | 2.32 | 0.05 | 0.00 | 3.78 | 2.77 | 6.23 | 19.56 | |||
| SND | 3.59 | 1.42 | 0.23 | (9.74) | 4.02 | 10.57 | 36.57 | |||
| EP | 3.61 | (0.01) | (0.01) | (0.04) | 4.10 | 9.18 | 20.26 | |||
| LSE | 2.47 | (0.33) | 0.00 | (0.29) | 0.00 | 6.60 | 20.86 | |||
| IMPP | 2.92 | (0.54) | 0.00 | 1.81 | 0.00 | 5.56 | 33.83 | |||
| DTI | 4.70 | 0.99 | 0.20 | 3.08 | 4.07 | 10.80 | 22.79 | |||
| SLNG | 2.17 | 0.26 | 0.08 | 0.99 | 2.54 | 5.67 | 20.66 | |||
| GTE | 3.35 | 0.69 | 0.13 | (0.72) | 4.21 | 8.24 | 23.83 | |||
| DLNG | 1.27 | 0.17 | 0.08 | (1.23) | 1.30 | 2.56 | 9.76 |
Cross Equities Net Income Analysis
Compare NCS Multistage Holdings and related stocks such as Epsilon Energy, Martin Midstream Partners, and Smart Sand Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EPSN | (590.4 K) | 19.2 M | (4.1 M) | (13.5 M) | 6.6 M | (25.5 M) | (3 M) | 12.1 M | 6.7 M | 8.7 M | 875.2 K | 11.6 M | 35.4 M | 6.9 M | 1.9 M | 2.2 M | 2.3 M |
| MMLP | (1.6 M) | 24.3 M | 102 M | (13.4 M) | (11.7 M) | 38.4 M | 31.7 M | 19.9 M | 55.7 M | (174.9 M) | (6.8 M) | (211 K) | (10.3 M) | (4.4 M) | (5.1 M) | (4.6 M) | (4.3 M) |
| SND | 7.6 M | 7.6 M | 7.6 M | 7.6 M | 7.6 M | 5 M | 10.4 M | 21.5 M | 18.7 M | 31.6 M | 38 M | (50.7 M) | (703 K) | 4.6 M | 3 M | 2.7 M | 2.6 M |
| EP | (990.9 M) | (247.4 K) | (253 K) | (227.8 K) | (236.6 K) | (174.9 K) | (382 K) | (830.1 K) | (1 M) | (6.7 M) | (16.8 M) | (18.6 M) | 7.1 M | (12.5 M) | (16.2 M) | (18.6 M) | (19.6 M) |
| LSE | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 5.7 M | 11.9 M | 8.1 M | 1.3 M | 1.1 M | 1.1 M |
| IMPP | (6.7 K) | 6.1 M | (375 K) | (375 K) | (375 K) | (375 K) | (375 K) | (375 K) | (375 K) | (375 K) | (394 K) | (3.6 M) | 29.5 M | 71.1 M | 50.2 M | 57.7 M | 60.6 M |
| DTI | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 2.1 M | 21.1 M | 14.7 M | 3 M | 2.7 M | 2.6 M |
| SLNG | (500 K) | (5.9 M) | 2.3 M | 4.6 M | (4.7 M) | (2.6 M) | (7.1 M) | (2.2 M) | (2.6 M) | (5.7 M) | (6.8 M) | (7.8 M) | (3.2 M) | 125 K | 4.6 M | 4.1 M | 4.3 M |
| GTE | (2.2 M) | 126.9 M | 99.7 M | 126.3 M | (171.3 M) | (268 M) | (465.6 M) | (31.7 M) | 102.6 M | 38.7 M | (778 M) | 42.5 M | 139 M | (6.3 M) | 3.2 M | 2.9 M | 3 M |
| DLNG | 18.8 M | 18.8 M | 29.8 M | 45.6 M | 50.6 M | 60 M | 66.9 M | 17.3 M | 3.6 M | 3.6 M | 34.1 M | 53.3 M | 54 M | 35.9 M | 51.6 M | 59.3 M | 41.3 M |
NCS Multistage Holdings and related stocks such as Epsilon Energy, Martin Midstream Partners, and Smart Sand Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in NCS Multistage Holdings financial statement analysis. It represents the amount of money remaining after all of NCS Multistage Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.NCS Multistage Competitive Analysis
The better you understand NCS Multistage competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NCS Multistage'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 NCS Multistage'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 |
NCS Multistage Competition Performance Charts
Five steps to successful analysis of NCS Multistage Competition
NCS Multistage'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 NCS Multistage Holdings in relation to its competition. NCS Multistage's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of NCS Multistage 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 NCS Multistage's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NCS Multistage Holdings, 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 NCS Multistage Correlation with its peers. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Will Oil & Gas Equipment & Services sector continue expanding? Could NCS diversify its offerings? Factors like these will boost the valuation of NCS Multistage. Anticipated expansion of NCS directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every NCS Multistage data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.14) | Earnings Share 4.56 | Revenue Per Share | Quarterly Revenue Growth 0.058 | Return On Assets |
Investors evaluate NCS Multistage Holdings using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating NCS Multistage's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause NCS Multistage's market price to deviate significantly from intrinsic value.
It's important to distinguish between NCS Multistage's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NCS Multistage should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, NCS Multistage's market price signifies the transaction level at which participants voluntarily complete trades.