New Competitors

Stocks . Netherlands . 
Stock . New Sources Energy
NSE Stock  EUR 0.02  0.0005  3.23%   
New Sources Energy competes with Ctac NV, Lavide Holding, Hydratec Industries, IShares Property, and IShares VII; as well as few others. The company operates under Utilities sector and is part of Utilities - Independent Power Producers industry. Analyzing New Sources 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 New Sources to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out New Sources Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of New Sources competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
0.000.024.60
Details
Intrinsic
Valuation
LowRealHigh
0.000.014.59
Details
Naive
Forecast
LowNextHigh
0.00030.024.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.020.02
Details

New Sources Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between New Sources 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 New 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 New Sources Energy does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
IUHE
+ 0.74
CTAC
LVIDE
+ 0.73
NEDSE
HYDRA
+ 0.66
LVIDE
HYDRA
+ 0.65
NEDSE
IUSP
+ 0.56
LVIDE
CMEX
+ 0.5
CTAC
  
High negative correlations   
IUSP
- 0.68
IUHE
IUSP
- 0.65
CTAC
HYDRA
- 0.58
IUHE
IUHE
- 0.58
LVIDE
IUHE
- 0.54
NEDSE
HYDRA
- 0.49
CTAC

Risk-Adjusted Indicators

There is a big difference between New Stock performing well and New Sources 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 New Sources' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NEDSE  2.31  0.10 (0.01)(0.29) 2.59 
(3.55)
 5.65 
(4.90)
 23.73 
CTAC  1.49 (0.20) 0.00 (1.20) 0.00 
 0.00 
 3.19 
(3.92)
 11.02 
LVIDE  4.16  0.57  0.13  0.37  3.42 
(8.93)
 8.57 
(7.69)
 48.01 
IUHE  0.49 (0.18) 0.00 (0.31) 0.00 
 0.00 
 0.82 
(1.09)
 3.78 
HYDRA  2.03  0.26  0.04  1.80  2.76 
(2.77)
 6.67 
(5.66)
 15.62 
IUSP  0.59  0.11  0.03  0.51  0.44 
(0.71)
 1.70 
(1.19)
 3.69 
VDOT  2.06  0.45  0.08  0.70  1.75 
(9.03)
 8.79 
(5.30)
 25.31 
CMEX  1.09 (0.14) 0.00 (0.12) 0.00 
 0.00 
 2.55 
(2.08)
 5.97 
AALB  1.22 (0.11) 0.00 (0.06) 0.00 
 0.00 
 2.91 
(1.99)
 9.89 
VALUE  1.18  0.00 (0.05) 0.15  1.38 
(1.97)
 3.45 
(2.67)
 8.46 
All Fundamental Data

New Sources Competitive Analysis

The better you understand New Sources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, New Sources' 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 New Sources' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NSE NEDSE CTAC LVIDE IUHE HYDRA IUSP VDOT CMEX AALB
 3.23 
 0.02 
New
 2.22 
 0.07 
NedSense
 2.24 
 2.74 
Ctac
 2.78 
 0.35 
Lavide
 0.74 
 6.81 
IShares
 1.23 
 160.00 
Hydratec
 1.40 
 30.47 
IShares
 47.80 
 2.69 
VanEck
 0.71 
 126.42 
IShares
 1.06 
 34.46 
Aalberts
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Moderately volatile
Out of control
Very steady
Very steady
Very steady
Dangerous
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Weak
Very Weak
OK
Very Weak
Modest
Good
OK
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
High
About Average
Low
Low
Unknown
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Under Valued
Over Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Sell
Strong Sell
Hold
Strong Sell
Buy
Cautious Hold
Strong Hold
Strong Hold
Current Ratio
0.84
29.38
0.96
2.01
N/A
1.0
N/A
N/A
1.35
Net Asset
103 K
9.29 M
74.01 M
79 K
N/A
213.59 M
818.24 M
63.91 M
3.66 B
Profit Margin
N/A
0.73
0.0415
N/A
N/A
0.0509
N/A
N/A
0.12
EBITDA
(88 K)
(150 K)
12.04 M
(139 K)
N/A
33.71 M
N/A
N/A
685.2 M
Current Valuation
2.86 M
11.85 M
58.28 M
2.32 M
N/A
115.72 M
N/A
N/A
4.87 B
Price To Book
30.3
1.51
1.71
89.3
N/A
1.29
N/A
N/A
1.94
Operating Margin
N/A
0.55
0.0587
N/A
N/A
0.0771
N/A
N/A
0.12
Five Year Return
N/A
N/A
1.88
N/A
N/A
3.45
6.36
-8.21
1.7
One Year Return
N/A
N/A
N/A
N/A
N/A
N/A
8.85
-6.49
N/A
Beta
0.2
0.64
1.26
0.5
N/A
0.78
N/A
N/A
1.56
Number Of Employees
1
3
362
9
N/A
1.09 K
N/A
N/A
14.4 K
Equity Positions Weight
N/A
N/A
N/A
N/A
99.62
N/A
99.49
99.09
N/A
Shares Outstanding
59.75 M
40.6 M
13.64 M
5.72 M
N/A
1.29 M
N/A
N/A
110.58 M
Three Year Return
N/A
N/A
N/A
N/A
N/A
N/A
3.11
-1.67
N/A
Cash Flow From Operations
(61 K)
(285 K)
9.54 M
(59 K)
N/A
33.66 M
N/A
N/A
291.7 M
Annual Yield
N/A
0.0813
0.0324
N/A
N/A
0.0608
N/A
N/A
0.0219
Total Debt
57 K
4.73 M
2.02 M
N/A
N/A
13.26 M
N/A
N/A
178.9 M
Return On Equity
-2.89
0.033
0.19
-1.84
N/A
0.18
N/A
N/A
0.18
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
0.01
N/A
N/A
Z Score
40.2
1.2
14.8
-3.3
N/A
5.2
N/A
N/A
17.4
Return On Asset
-0.53
0.0148
0.0589
-0.43
N/A
0.0602
N/A
N/A
0.06
Book Value Per Share
N/A
0.092
1.93
0.004
N/A
58.02
N/A
N/A
19.67
Total Asset
103 K
9.29 M
74.01 M
79 K
N/A
213.59 M
818.24 M
63.91 M
3.66 B
Debt To Equity
N/A
190.6
3.4
130.8
N/A
68.4
N/A
N/A
38.3
Target Price
N/A
N/A
5.5
N/A
N/A
N/A
N/A
N/A
52.9
Last Dividend Paid
N/A
N/A
0.11
N/A
N/A
4.65
0.24
N/A
1.01
Shares Owned By Institutions
N/A
N/A
14.8
N/A
N/A
N/A
N/A
N/A
71.45
Market Capitalization
3.82 M
13.3 M
47.19 M
2.35 M
N/A
98.9 M
N/A
N/A
5.27 B
Price To Earning
57.0
5.9
22.54
4.29
N/A
12.83
N/A
N/A
16.08
Price To Sales
N/A
60.54
0.42
6.44
N/A
0.37
N/A
N/A
1.37
Net Income
(88 K)
124 K
4.46 M
(50 K)
N/A
15.12 M
N/A
N/A
360.1 M
Earnings Per Share
-0.001
N/A
0.33
-0.009
N/A
10.31
N/A
N/A
3.38
Shares Owned By Insiders
3.05
66.93
53.77
37.97
N/A
83.47
N/A
N/A
13.46
Revenue
N/A
N/A
106.42 M
N/A
N/A
257.3 M
N/A
N/A
2.98 B
Ten Year Return
N/A
N/A
N/A
N/A
N/A
N/A
14.46
N/A
N/A
Cash And Equivalents
52 K
2.98 M
379 K
464 K
N/A
4.03 M
N/A
N/A
53.7 M
Cash Per Share
N/A
0.09
0.03
0.09
N/A
3.13
N/A
N/A
0.49
Gross Profit
N/A
171 K
22.92 M
(52 K)
N/A
134.02 M
N/A
N/A
1.84 B
Day Typical Price
0.016
0.0683
2.73
0.35
6.8
158.33
30.35
2.74
126.62
34.45
Accumulation Distribution
N/A
1046.72
4.72
1262.78
75.46
9.38
0.0118
84.22
0.0066
2685.92
Market Facilitation Index
N/A
N/A
0.0
0.0
0.0
0.0167
0.36
2.0E-4
0.84
0.0
Daily Balance Of Power
9.2 T
0.75
3.0
(0.50)
0.7143
(0.40)
1.166667
4.142857
(1.08)
0.8182
Period Momentum Indicator
5.0E-4
0.0015
0.06
(0.01)
0.05
(2.00)
0.42
0.87
(0.91)
0.36
Rate Of Daily Change
1.03
1.02
1.02
0.97
1.01
0.99
1.01
1.48
0.99
1.01
Day Median Price
0.016
0.068
2.73
0.35
6.8
157.5
30.29
2.77
126.72
34.44
Price Action Indicator
3.0E-4
0.0018
0.04
(0.01)
0.04
1.5
0.39
0.36
(0.75)
0.2
Relative Strength Index
50.45
44.73
39.52
51.26
39.5
55.8
51.12
18.43
56.58
61.97
Coefficient Of Variation
(13,547)
4305.55
(1,182)
871.17
(570.87)
1085.05
515.62
792.92
(2,308)
(6,772)
Mean Deviation
2.77
2.31
1.49
4.16
0.4926
2.03
0.5852
2.06
1.09
1.22
Jensen Alpha
6.0E-4
0.1004
(0.20)
0.5708
(0.18)
0.2643
0.1077
0.446
(0.14)
(0.11)
Total Risk Alpha
(0.76)
(0.48)
(0.51)
(0.33)
(0.23)
(0.22)
0.0184
(0.15)
(0.29)
(0.31)
Sortino Ratio
N/A
(0.01)
N/A
0.1256
N/A
0.0375
0.0305
0.0773
N/A
N/A
Downside Variance
N/A
11.68
N/A
33.56
N/A
18.79
0.4533
29.36
N/A
N/A
Standard Deviation
4.56
3.49
2.06
7.48
0.6637
3.18
0.7804
4.36
1.4
1.77
Kurtosis
1.67
5.37
0.8214
12.71
3.0
1.38
0.5387
10.08
0.3234
3.95
Potential Upside
9.09
5.65
3.19
8.57
0.8186
6.67
1.7
8.79
2.55
2.91
Treynor Ratio
0.1191
(0.29)
(1.20)
0.3692
(0.31)
1.8
0.5072
0.6964
(0.12)
(0.06)
Maximum Drawdown
23.86
23.73
11.02
48.01
3.78
15.62
3.69
25.31
5.97
9.89
Variance
20.78
12.17
4.26
55.91
0.4405
10.12
0.609
18.99
1.96
3.12
Market Risk Adjusted Performance
0.1291
(0.28)
(1.19)
0.3792
(0.30)
1.81
0.5172
0.7064
(0.11)
(0.05)
Risk Adjusted Performance
0.0027
0.0256
(0.06)
0.097
(0.14)
0.0783
0.1489
0.105
(0.03)
(0.01)
Skewness
0.2344
1.27
(0.13)
3.0
(1.00)
(0.18)
0.184
2.7
0.675
1.44
Semi Deviation
N/A
2.59
N/A
3.42
N/A
2.76
0.4395
1.75
N/A
N/A
Information Ratio
(0.04)
(0.01)
(0.15)
0.0973
(0.37)
0.0511
0.0264
0.0961
(0.14)
(0.09)
Value At Risk
(8.57)
(4.90)
(3.92)
(7.69)
(1.09)
(5.66)
(1.19)
(5.30)
(2.08)
(1.99)
Expected Short fall
N/A
(3.55)
N/A
(8.93)
N/A
(2.77)
(0.71)
(9.03)
N/A
N/A
Downside Deviation
N/A
3.42
N/A
5.79
N/A
4.33
0.6733
5.42
N/A
N/A
Semi Variance
N/A
6.71
N/A
11.71
N/A
7.61
0.1931
3.05
N/A
N/A

New Sources Competition Performance Charts

Five steps to successful analysis of New Sources Competition

New Sources' 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 New Sources Energy in relation to its competition. New Sources' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of New Sources 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 New Sources' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to New Sources 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your New Sources position

In addition to having New Sources 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?

Run Latest Gainers Thematic Idea Now

Latest Gainers
Latest Gainers Theme
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 222 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Latest Gainers Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for New Stock Analysis

When running New Sources' price analysis, check to measure New Sources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Sources is operating at the current time. Most of New Sources' value examination focuses on studying past and present price action to predict the probability of New Sources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Sources' price. Additionally, you may evaluate how the addition of New Sources to your portfolios can decrease your overall portfolio volatility.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY