Skycorp Competitors
| PN Stock | 0.52 0.04 8.33% |
Skycorp Solar vs Nine Energy Correlation
Significant diversification
The correlation between Skycorp Solar Group and NINE is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Skycorp Solar Group and NINE in the same portfolio, assuming nothing else is changed.
Moving against Skycorp Stock
| 0.62 | YLLXF | Yellow Cake plc | PairCorr |
| 0.61 | RILYL | B Riley Financial | PairCorr |
| 0.53 | ENS | Enersys Earnings Call This Week | PairCorr |
| 0.51 | SECVY | Seche Environnement | PairCorr |
| 0.47 | OBYCF | Obayashi Earnings Call Tomorrow | PairCorr |
Skycorp Solar Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Skycorp Solar 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 Skycorp 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 Skycorp Solar Group 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 Skycorp Stock performing well and Skycorp Solar 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 Skycorp Solar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPWR | 3.23 | (0.24) | 0.00 | (0.01) | 0.00 | 6.96 | 16.38 | |||
| BANL | 3.04 | (0.54) | 0.00 | 2.43 | 0.00 | 4.76 | 28.57 | |||
| MXC | 2.97 | 0.15 | 0.03 | 0.48 | 3.43 | 7.03 | 20.14 | |||
| CKX | 1.59 | 0.06 | 0.01 | 0.20 | 2.23 | 3.61 | 15.23 | |||
| BATL | 8.59 | 2.83 | 0.41 | 0.85 | 5.58 | 17.08 | 235.37 | |||
| EONR | 4.29 | (0.29) | 0.00 | 0.51 | 0.00 | 9.09 | 22.44 | |||
| TMDE | 7.13 | 0.12 | 0.06 | 0.11 | 6.70 | 8.00 | 160.91 | |||
| TURB | 5.49 | (2.24) | 0.00 | (0.75) | 0.00 | 8.70 | 38.79 | |||
| ASTI | 9.97 | 2.11 | 0.23 | 0.43 | 9.40 | 32.86 | 72.02 | |||
| NINE | 11.11 | 0.75 | 0.05 | 0.22 | 18.11 | 17.14 | 215.83 |
Cross Equities Net Income Analysis
Compare Skycorp Solar Group and related stocks such as Complete Solaria, CBL International, and Mexco Energy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPWR | (2.9 M) | (613.7 M) | (352 M) | 95.6 M | 245.9 M | (187 M) | (448.6 M) | (929.1 M) | (811.1 M) | 22.2 M | (5.7 M) | (9.3 M) | (29.5 M) | (269.6 M) | (56.5 M) | (32.3 M) | (33.9 M) |
| BANL | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 3.6 M | 3.7 M | 1.1 M | (3.7 M) | (3.4 M) | (3.2 M) |
| MXC | 200.6 K | 330 K | (176.4 K) | 301.1 K | (341 K) | (4 M) | (694.6 K) | (321.5 K) | (12.9 K) | (99.5 K) | 155.9 K | 2.9 M | 4.7 M | 1.3 M | 1.7 M | 2 M | 2.1 M |
| CKX | 348.8 K | 951.8 K | 2.2 M | 969.8 K | 1.3 M | 463 K | 170.7 K | 522.9 K | 1.1 M | 249.9 K | 339.4 K | 819.3 K | (1.3 M) | 143 K | 250.2 K | 225.2 K | 213.9 K |
| 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) |
| EONR | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | 18.3 M | (4 M) | (9.1 M) | (8.2 M) | (7.8 M) |
| TMDE | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2 M | 1.9 M | 1.7 M | 1.7 M |
| TURB | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 267.2 K | 1 M | (2 M) | (3.3 M) | (3 M) | (2.9 M) |
| ASTI | (1.2 M) | (105.7 M) | (28.8 M) | (28.9 M) | (43.4 M) | (45.8 M) | (38.9 M) | (18.6 M) | (16 M) | (4.9 M) | 1.6 M | (6 M) | (19.8 M) | (17.1 M) | (9.1 M) | (10.5 M) | (11 M) |
| NINE | 52.8 M | 52.8 M | 52.8 M | 52.8 M | 52.8 M | (39.1 M) | (70.9 M) | (67.7 M) | (53 M) | (217.8 M) | (378.9 M) | (64.6 M) | 14.4 M | (32.2 M) | (41.1 M) | (37 M) | (38.8 M) |
Skycorp Solar Group and related stocks such as Complete Solaria, CBL International, and Mexco Energy Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Skycorp Solar Group financial statement analysis. It represents the amount of money remaining after all of Skycorp Solar Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Skycorp Solar Competitive Analysis
The better you understand Skycorp Solar competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Skycorp Solar'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 Skycorp Solar'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 |
Skycorp Solar Competition Performance Charts
Five steps to successful analysis of Skycorp Solar Competition
Skycorp Solar'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 Skycorp Solar Group in relation to its competition. Skycorp Solar's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Skycorp Solar 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 Skycorp Solar's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Skycorp Solar Group, 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 Skycorp Solar Correlation with its peers. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Will Electrical Components & Equipment sector continue expanding? Could Skycorp diversify its offerings? Factors like these will boost the valuation of Skycorp Solar. Anticipated expansion of Skycorp directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Skycorp Solar data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.93) | Revenue Per Share | Quarterly Revenue Growth 0.075 | Return On Assets | Return On Equity |
Understanding Skycorp Solar Group requires distinguishing between market price and book value, where the latter reflects Skycorp's accounting equity. The concept of intrinsic value - what Skycorp Solar'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 Skycorp Solar's price substantially above or below its fundamental value.
It's important to distinguish between Skycorp Solar's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Skycorp Solar should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Skycorp Solar's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.