Oil Competitors
| ODC Stock | USD 64.31 0.72 1.13% |
Oil Dri vs Nexa Resources Correlation
Weak diversification
The correlation between Oil Dri and NEXA is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oil Dri and NEXA in the same portfolio, assuming nothing else is changed.
Moving together with Oil Stock
| 0.89 | PG | Procter Gamble | PairCorr |
| 0.7 | WDFC | WD 40 Company Downward Rally | PairCorr |
| 0.76 | CHD | Church Dwight Sell-off Trend | PairCorr |
Moving against Oil Stock
The current year's Return On Tangible Assets is expected to grow to 0.18. The current year's Return On Capital Employed is expected to grow to 0.26. At present, Oil Dri's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 26.9 M, whereas Net Tangible Assets are forecasted to decline to about 133.4 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oil Dri'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.
Oil Dri Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Oil Dri 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 Oil 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 Oil Dri does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Oil Stock performing well and Oil Dri 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 Oil Dri'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GPRE | 3.00 | 0.38 | 0.11 | 0.35 | 3.58 | 7.63 | 27.29 | |||
| WLKP | 1.04 | 0.18 | 0.12 | 0.35 | 0.92 | 2.19 | 8.32 | |||
| KRO | 2.80 | 0.24 | 0.13 | 0.17 | 2.73 | 6.07 | 13.75 | |||
| SCL | 1.34 | 0.53 | 0.35 | 0.59 | 1.00 | 3.59 | 10.04 | |||
| CMP | 2.62 | 0.26 | 0.07 | 0.21 | 4.21 | 4.98 | 23.55 | |||
| LWLG | 4.61 | (0.61) | 0.00 | (0.16) | 0.00 | 9.56 | 31.90 | |||
| SLI | 4.02 | 0.35 | 0.06 | 0.42 | 5.53 | 7.27 | 24.43 | |||
| IAUX | 2.97 | 1.04 | 0.23 | 0.89 | 3.47 | 7.34 | 21.04 | |||
| ASPI | 5.18 | (0.72) | 0.00 | (0.14) | 0.00 | 16.16 | 29.92 | |||
| NEXA | 3.39 | 1.15 | 0.35 | 0.92 | 2.72 | 7.80 | 18.87 |
Cross Equities Net Income Analysis
Compare Oil Dri and related stocks such as Green Plains Renewable, Westlake Chemical, and Kronos Worldwide Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GPRE | (50 K) | 38.4 M | 11.8 M | 43.4 M | 159.5 M | 7.1 M | 10.7 M | 61.1 M | 15.9 M | (166.9 M) | (108.8 M) | (66 M) | (127.2 M) | (93.4 M) | (82.5 M) | (121.3 M) | (115.2 M) |
| WLKP | 247 M | 247 M | 395.9 M | 546.5 M | 13.6 M | 39.8 M | 40.9 M | 48.7 M | 49.3 M | 61 M | 66.2 M | 82.5 M | 64.2 M | 54.3 M | 62.4 M | 56.2 M | 101.3 M |
| KRO | 125.9 M | 321 M | 218.5 M | (102 M) | 99.2 M | (173.6 M) | 43.3 M | 354.5 M | 205 M | 87.1 M | 63.9 M | 112.9 M | 104.5 M | (49.1 M) | 86.2 M | 77.6 M | 75.1 M |
| SCL | 5.5 M | 72 M | 79.4 M | 72.8 M | 57.1 M | 76 M | 86.2 M | 91.6 M | 112.8 M | 103.1 M | 126.8 M | 137.8 M | 147.2 M | 40.2 M | 50.4 M | 57.9 M | 47.7 M |
| CMP | (443.5 M) | 88.9 M | 130.8 M | 217.9 M | 159.2 M | 162.7 M | 42.7 M | 64.8 M | 60.8 M | 59.5 M | (213.3 M) | (36.7 M) | 15.5 M | (206.1 M) | (79.8 M) | (71.8 M) | (68.2 M) |
| LWLG | (1.7 M) | (3.5 M) | (4.6 M) | (3.9 M) | (4.4 M) | (4.8 M) | (4.4 M) | (5.7 M) | (5.8 M) | (6.7 M) | (6.7 M) | (18.6 M) | (17.2 M) | (21 M) | (22.5 M) | (20.3 M) | (19.3 M) |
| SLI | (143.5 K) | (624.8 K) | (300.5 K) | (91.6 K) | (348.5 K) | (136 K) | (374.9 K) | (28.4 M) | (8.6 M) | (9.6 M) | (25.6 M) | (36.6 M) | (42 M) | (50.2 M) | (84.9 M) | (50.2 M) | (47.7 M) |
| IAUX | (251 K) | (251 K) | (251 K) | (251 K) | (251 K) | (251 K) | (251 K) | (251 K) | 3.2 M | (8.1 M) | (2.8 M) | 88.2 M | (79.2 M) | (89.7 M) | (121.5 M) | (109.4 M) | (103.9 M) |
| ASPI | (10.3 M) | (10.3 M) | (10.3 M) | (10.3 M) | (10.3 M) | (10.3 M) | (10.3 M) | (10.3 M) | (10.3 M) | (10.3 M) | (2.6 M) | (2.6 M) | (4.8 M) | (16.3 M) | (32.3 M) | (29.1 M) | (27.6 M) |
| NEXA | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (129.5 M) | 93.2 M | 126.9 M | 74.9 M | (145.1 M) | (559.2 M) | 114.3 M | 49.7 M | (292 M) | (205 M) | (184.5 M) | (175.3 M) |
Oil Dri and related stocks such as Green Plains Renewable, Westlake Chemical, and Kronos Worldwide Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Oil Dri financial statement analysis. It represents the amount of money remaining after all of Oil Dri operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Oil Dri Competitive Analysis
The better you understand Oil Dri competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Oil Dri'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 Oil Dri'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 |
Oil Dri Competition Performance Charts
Five steps to successful analysis of Oil Dri Competition
Oil Dri'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 Oil Dri in relation to its competition. Oil Dri's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Oil Dri 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 Oil Dri's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Oil Dri, 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.
Complement your Oil Dri position
In addition to having Oil Dri 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 Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 44 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 Recreation Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Oil Dri Correlation with its peers. For information on how to trade Oil Stock refer to our How to Trade Oil Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Will Household Products sector continue expanding? Could Oil diversify its offerings? Factors like these will boost the valuation of Oil Dri. Anticipated expansion of Oil directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Oil Dri data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.06) | Dividend Share 0.67 | Earnings Share 3.63 | Revenue Per Share | Quarterly Revenue Growth (0.06) |
Understanding Oil Dri requires distinguishing between market price and book value, where the latter reflects Oil's accounting equity. The concept of intrinsic value - what Oil Dri's 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 Oil Dri's price substantially above or below its fundamental value.
It's important to distinguish between Oil Dri's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Oil Dri should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Oil Dri's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.