PEDEVCO Competitors
| PED Stock | USD 0.58 0.03 4.26% |
PEDEVCO Corp vs Maxeon Solar Correlation
Modest diversification
The correlation between PEDEVCO Corp and MAXN is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PEDEVCO Corp and MAXN in the same portfolio, assuming nothing else is changed.
Moving together with PEDEVCO Stock
Moving against PEDEVCO Stock
At present, PEDEVCO Corp's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.13, whereas Return On Equity is forecasted to decline to 0.16. At present, PEDEVCO Corp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 116.5 M, whereas Total Current Assets are forecasted to decline to about 8.6 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PEDEVCO Corp'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.
PEDEVCO Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between PEDEVCO Corp 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 PEDEVCO 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 PEDEVCO Corp 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 PEDEVCO Stock performing well and PEDEVCO Corp 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 PEDEVCO Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| USEG | 3.31 | (0.18) | 0.00 | (0.16) | 0.00 | 7.07 | 13.11 | |||
| INDO | 3.83 | 0.56 | 0.10 | (0.65) | 4.55 | 10.28 | 29.54 | |||
| SPRU | 5.12 | 1.35 | 0.19 | (12.94) | 5.32 | 13.68 | 81.84 | |||
| RCON | 3.26 | (0.29) | 0.00 | 2.05 | 0.00 | 6.11 | 18.11 | |||
| BEEM | 3.94 | (0.86) | 0.00 | (0.51) | 0.00 | 7.88 | 19.76 | |||
| VVPR | 6.52 | (1.12) | 0.00 | (0.66) | 0.00 | 11.84 | 36.18 | |||
| DWSN | 3.14 | (0.04) | 0.00 | (0.09) | 0.00 | 7.46 | 16.23 | |||
| SMXT | 4.34 | (0.01) | 0.00 | 0.04 | 5.53 | 10.23 | 29.70 | |||
| BATL | 8.21 | 3.03 | 0.43 | 0.99 | 5.35 | 9.17 | 235.37 | |||
| MAXN | 3.06 | (0.39) | 0.00 | (0.08) | 0.00 | 7.76 | 19.03 |
Cross Equities Net Income Analysis
Compare PEDEVCO Corp and related stocks such as US Energy Corp, Indonesia Energy, and Spruce Power Holding Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USEG | (5 M) | (4.8 M) | (11.2 M) | (7.4 M) | (2.1 M) | (92.9 M) | (14.1 M) | (1.4 M) | (1 M) | (550 K) | (6.4 M) | (1.8 M) | (963 K) | (32.4 M) | (25.8 M) | (23.2 M) | (22 M) |
| INDO | (3.2 M) | (3.2 M) | (3.2 M) | (3.2 M) | (3.2 M) | (3.2 M) | (3.2 M) | (1.6 M) | 145.7 K | (1.7 M) | (7 M) | (6.1 M) | (3.1 M) | (2.6 M) | (6.3 M) | (5.7 M) | (5.4 M) |
| SPRU | (12.9 M) | (12.9 M) | (12.9 M) | (12.9 M) | (12.9 M) | (12.9 M) | (12.9 M) | (12.9 M) | (12.9 M) | (14.9 M) | (31.3 M) | 28.8 M | (93.9 M) | (65.8 M) | (70.5 M) | (63.4 M) | (60.3 M) |
| RCON | 6 M | (3.8 M) | 39.7 K | 807.2 K | (31.5 M) | (40.9 M) | (31.4 M) | (44.1 M) | (25.8 M) | (20.1 M) | (22.8 M) | 95.6 M | (59.2 M) | (49.9 M) | (42.6 M) | (38.3 M) | (36.4 M) |
| BEEM | (13.6 K) | (2.5 M) | (2.5 M) | (2.8 M) | (3.1 M) | (1.8 M) | (2.6 M) | (3 M) | (3.6 M) | (3.9 M) | (5.2 M) | (6.6 M) | (19.7 M) | (16.1 M) | (11.3 M) | (10.2 M) | (9.6 M) |
| VVPR | (281 K) | (281 K) | (281 K) | (281 K) | (281 K) | (281 K) | 5.6 M | (27.9 M) | (11.2 M) | (5.1 M) | (7.6 M) | (22.1 M) | (20.1 M) | (46.7 M) | (12.8 M) | (11.2 M) | (11.8 M) |
| DWSN | (600 K) | 10.8 M | 15.7 M | (6.3 M) | (8.8 M) | (26.3 M) | (39.8 M) | (31.3 M) | (24.4 M) | (15.2 M) | (13.2 M) | (29.1 M) | (18.6 M) | (12.1 M) | (4.1 M) | (3.7 M) | (3.9 M) |
| SMXT | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (11.9 M) | (14.6 M) | 974.1 K | 974.1 K | (3.3 M) | (6.9 M) | 434.8 K | (35 M) | (31.5 M) | (29.9 M) |
| BATL | 2.1 M | (1.4 M) | (53.9 M) | (1.2 B) | 316 M | (1.9 B) | (467.2 M) | 535.7 M | 46 M | (1.1 B) | (229.7 M) | (28.3 M) | 18.5 M | (3 M) | (31.9 M) | (28.7 M) | (30.1 M) |
| MAXN | (603.8 M) | (603.8 M) | (603.8 M) | (603.8 M) | (603.8 M) | (603.8 M) | (603.8 M) | (603.8 M) | (603.8 M) | (178.9 M) | (142.6 M) | (254.5 M) | (267.4 M) | (275.8 M) | (614.3 M) | (552.9 M) | (525.2 M) |
PEDEVCO Corp and related stocks such as US Energy Corp, Indonesia Energy, and Spruce Power Holding Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in PEDEVCO Corp financial statement analysis. It represents the amount of money remaining after all of PEDEVCO Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.PEDEVCO Corp Competitive Analysis
The better you understand PEDEVCO Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, PEDEVCO Corp'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 PEDEVCO Corp'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 |
PEDEVCO Corp Competition Performance Charts
Five steps to successful analysis of PEDEVCO Corp Competition
PEDEVCO Corp'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 PEDEVCO Corp in relation to its competition. PEDEVCO Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of PEDEVCO Corp 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 PEDEVCO Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to PEDEVCO Corp, 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 PEDEVCO Corp Correlation with its peers. For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Will Oil & Gas Exploration & Production sector continue expanding? Could PEDEVCO diversify its offerings? Factors like these will boost the valuation of PEDEVCO Corp. Anticipated expansion of PEDEVCO directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every PEDEVCO Corp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.82) | Earnings Share 0.11 | Revenue Per Share | Quarterly Revenue Growth (0.23) | Return On Assets |
Investors evaluate PEDEVCO Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating PEDEVCO Corp'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 PEDEVCO Corp's market price to deviate significantly from intrinsic value.
It's important to distinguish between PEDEVCO Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding PEDEVCO Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, PEDEVCO Corp's market price signifies the transaction level at which participants voluntarily complete trades.