Peyto Competitors
| PEY Stock | CAD 16.80 0.21 1.23% |
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 Peyto ExplorationDevel competition on your existing holdings.
Peyto |
Peyto ExplorationDevel Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Peyto ExplorationDevel 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 Peyto 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 Peyto ExplorationDevel does not affect the price movement of the other competitor.
| -0.22 | -0.07 | 0.02 | -0.05 | BIR | ||
| -0.22 | 0.71 | 0.76 | 0.63 | TOU | ||
| -0.07 | 0.71 | 0.52 | 0.46 | ARX | ||
| 0.02 | 0.76 | 0.52 | 0.84 | WCP | ||
| -0.05 | 0.63 | 0.46 | 0.84 | FRU | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Peyto Stock performing well and Peyto ExplorationDevel 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 Peyto ExplorationDevel'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BIR | 1.51 | (0.15) | 0.00 | 2.28 | 0.00 | 3.04 | 8.90 | |||
| TOU | 1.28 | 0.13 | 0.02 | 0.61 | 1.54 | 2.56 | 7.34 | |||
| ARX | 1.60 | 0.12 | 0.01 | 3.47 | 1.78 | 3.41 | 9.62 | |||
| WCP | 1.28 | 0.05 | (0.03) | 0.54 | 1.79 | 2.29 | 7.57 | |||
| FRU | 0.92 | 0.08 | (0.03) | 3.57 | 1.21 | 1.72 | 4.91 |
Cross Equities Net Income Analysis
Compare Peyto ExplorationDevel and related stocks such as Birchcliff Energy, Tourmaline Oil Corp, and ARC Resources Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BIR | 798.4 K | 34.5 M | 13.2 M | 65.4 M | 114.3 M | (12.2 M) | (24.3 M) | (47 M) | 102.2 M | (55.4 M) | (57.8 M) | 314.7 M | 656.8 M | 9.8 M | 9.3 M |
| TOU | (2.1 M) | 42.7 M | 15.5 M | 148.1 M | 488.9 M | 80.1 M | (32 M) | 346.8 M | 401.4 M | 319.7 M | 618.3 M | 2 B | 4.5 B | 1.7 B | 1.8 B |
| ARX | 7.1 M | 287 M | 139.2 M | 240.7 M | 380.8 M | (342.7 M) | 201.3 M | 388.9 M | 213.8 M | (27.6 M) | (547.2 M) | 786.6 M | 2.3 B | 1.6 B | 1.7 B |
| WCP | (19.4 K) | 25.5 M | 52.5 M | 40.4 M | 453.1 M | (500.7 M) | 170.7 M | (124 M) | 65.1 M | (155.9 M) | (1.8 B) | 1.8 B | 1.7 B | 889 M | 933.5 M |
| FRU | 1.1 M | 55.3 M | 46.3 M | 57.9 M | 66.4 M | (4.1 M) | (11.2 M) | 12.2 M | 14 M | 5.2 M | (13.9 M) | 72.1 M | 209.2 M | 131.9 M | 138.5 M |
Peyto ExplorationDevel and related stocks such as Birchcliff Energy, Tourmaline Oil Corp, and ARC Resources Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Peyto ExplorationDevel financial statement analysis. It represents the amount of money remaining after all of Peyto ExplorationDevelopment Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Peyto ExplorationDevel Competitive Analysis
The better you understand Peyto ExplorationDevel competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Peyto ExplorationDevel'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 Peyto ExplorationDevel'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 |
Peyto ExplorationDevel Competition Performance Charts
Five steps to successful analysis of Peyto ExplorationDevel Competition
Peyto ExplorationDevel'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 Peyto ExplorationDevel in relation to its competition. Peyto ExplorationDevel's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Peyto ExplorationDevel 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 Peyto ExplorationDevel's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Peyto ExplorationDevel, 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 Peyto ExplorationDevel position
In addition to having Peyto ExplorationDevel 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 42 constituents at this time.
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Other Information on Investing in Peyto Stock
Peyto ExplorationDevel financial ratios help investors to determine whether Peyto Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Peyto with respect to the benefits of owning Peyto ExplorationDevel security.