Orion Competitors
| OESX Stock | USD 17.25 0.28 1.60% |
Orion Energy vs Spirit Aviation Correlation
Pay attention - limited upside
The correlation between Orion Energy Systems and FLYY is -0.85 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Orion Energy Systems and FLYY in the same portfolio, assuming nothing else is changed.
Moving together with Orion Stock
Moving against Orion Stock
| 0.91 | 002670 | Guosheng Financial | PairCorr |
| 0.78 | EGY | Energy Technologies | PairCorr |
| 0.76 | 300207 | Sunwoda Electronic | PairCorr |
| 0.73 | CPV | Clearvue Technologies | PairCorr |
| 0.68 | 002249 | Zhongshan Broad Ocean | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orion Energy'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.
Orion Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Orion Energy 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 Orion 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 Orion Energy Systems 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 Orion Stock performing well and Orion Energy 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 Orion Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PRZO | 5.86 | (0.09) | 0.00 | 0.05 | 6.26 | 11.20 | 53.90 | |||
| EDRY | 1.74 | 0.06 | 0.01 | 0.24 | 1.89 | 3.63 | 11.04 | |||
| EPOW | 2.90 | (0.27) | 0.00 | 0.68 | 0.00 | 5.98 | 22.24 | |||
| QRHC | 4.31 | 1.03 | 0.27 | 0.79 | 3.41 | 9.27 | 24.19 | |||
| IPWR | 4.39 | (0.57) | 0.00 | (0.15) | 0.00 | 9.50 | 36.33 | |||
| APWC | 2.23 | (0.16) | 0.00 | 0.89 | 0.00 | 5.08 | 14.43 | |||
| SIDU | 11.27 | 2.56 | 0.32 | 0.71 | 7.70 | 34.88 | 125.36 | |||
| BTOC | 3.25 | (0.49) | 0.00 | (0.15) | 0.00 | 5.77 | 20.70 | |||
| MSW | 6.21 | (0.79) | 0.00 | (5.25) | 0.00 | 13.00 | 31.70 | |||
| FLYY | 9.21 | (2.25) | 0.00 | (0.51) | 0.00 | 14.29 | 90.07 |
Cross Equities Net Income Analysis
Compare Orion Energy Systems and related stocks such as ParaZero Technologies, EuroDry, and Sunrise New Energy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PRZO | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (615.4 K) | (1.7 M) | (3.8 M) | (11.1 M) | (9.9 M) | (9.5 M) |
| EDRY | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | 849.7 K | 1.1 M | 16.5 K | (5.9 M) | 31.2 M | 33.5 M | (2.9 M) | (9.7 M) | (11.1 M) | (10.5 M) |
| EPOW | (674.7 K) | (674.7 K) | (674.7 K) | (674.7 K) | (674.7 K) | (674.7 K) | (674.7 K) | (674.7 K) | 7.5 M | 9.7 M | 12.1 M | (8.4 M) | (22.6 M) | (24.2 M) | (11.8 M) | (10.6 M) | (10.1 M) |
| QRHC | (4.5 K) | (755.3 K) | (42.2 M) | (17.8 M) | (9.9 M) | (7.4 M) | (8 M) | (5.8 M) | (2.4 M) | (55.2 K) | 1 M | 1.7 M | (6 M) | (7.3 M) | (15.1 M) | (13.6 M) | (12.9 M) |
| IPWR | (1.8 M) | (1.8 M) | (4.6 M) | (9.6 M) | (6.9 M) | (10.4 M) | (11 M) | (10.3 M) | (7.9 M) | (3.9 M) | (7.8 M) | (4.8 M) | (6.9 M) | (10 M) | (10.4 M) | (9.4 M) | (9.8 M) |
| APWC | (6 M) | (5.4 M) | 10.9 M | 5.8 M | 572 K | (8.2 M) | 2.9 M | 8.7 M | 2.9 M | (1.6 M) | (552 K) | (2.6 M) | 3.9 M | 3.9 M | 3.5 M | 4 M | 2.3 M |
| SIDU | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.5 M) | (3.8 M) | (12.8 M) | (14.3 M) | (17.5 M) | (15.8 M) | (15 M) |
| BTOC | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 403.3 K | 2 M | 13.9 M | 7.4 M | (15.3 M) | (13.8 M) | (13.1 M) |
| MSW | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.3 M | 1.8 M | 2.8 M | 2.3 M | (5.7 M) | (5.2 M) | (4.9 M) |
Orion Energy Systems and related stocks such as ParaZero Technologies, EuroDry, and Sunrise New Energy Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Orion Energy Systems financial statement analysis. It represents the amount of money remaining after all of Orion Energy Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Orion Energy Competitive Analysis
The better you understand Orion Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Orion Energy'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 Orion Energy'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 |
Orion Energy Competition Performance Charts
Five steps to successful analysis of Orion Energy Competition
Orion Energy'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 Orion Energy Systems in relation to its competition. Orion Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Orion Energy 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 Orion Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Orion Energy Systems, 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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Additional Tools for Orion Stock Analysis
When running Orion Energy's price analysis, check to measure Orion Energy's 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 Orion Energy is operating at the current time. Most of Orion Energy's value examination focuses on studying past and present price action to predict the probability of Orion Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orion Energy's price. Additionally, you may evaluate how the addition of Orion Energy to your portfolios can decrease your overall portfolio volatility.