Petrotech Competitors
Petrotech Oil Gas competes with Golar LNG; as well as few others. The company conducts business under Energy Equipment & Services sector and is part of Energy industry. Analyzing Petrotech Oil competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Petrotech Oil to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Petrotech Oil Correlation with its peers.
Petrotech Oil vs Savoy Energy Correlation
The Petrotech Oil's current Return On Equity is estimated to increase to 1.20, while Return On Tangible Assets are forecasted to increase to (17.49). At this time, Petrotech Oil's Intangibles To Total Assets are most likely to increase slightly in the upcoming years. The Petrotech Oil's current Debt To Assets is estimated to increase to 7.78, while Total Assets are projected to decrease to roughly 274.1 K.Petrotech Oil Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Petrotech Oil 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 Petrotech 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 Petrotech Oil Gas 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 Petrotech Stock performing well and Petrotech Oil 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 Petrotech Oil'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CPYJ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WWNG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DVFI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GMLPF | 16.32 | 2.89 | 0.10 | (1.68) | 16.48 | 47.62 | 126.43 | |||
| PEMC | 96.50 | 50.24 | 0.00 | (3.44) | 0.00 | 0.00 | 3,233 | |||
| SCNG | 2.98 | 1.42 | 0.00 | 1.65 | 0.00 | 0.00 | 100.00 | |||
| OPVS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WNWG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ERINQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SNVP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cross Equities Net Income Analysis
Compare Petrotech Oil Gas and related stocks such as Custom Designed Comp, WW Energy, and Diversified Oil Gas Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WWNG | (147.2 K) | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 91.7 K | 105.5 K | 110.8 K |
| WNWG | (2.5 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (10.1 M) | (11.6 M) | (12.2 M) |
| SNVP | (39.7 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (419.2 K) | (377.2 K) | (396.1 K) |
Petrotech Oil Gas and related stocks such as Custom Designed Comp, WW Energy, and Diversified Oil Gas Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Petrotech Oil Gas financial statement analysis. It represents the amount of money remaining after all of Petrotech Oil Gas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Petrotech Oil Competitive Analysis
The better you understand Petrotech Oil competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Petrotech Oil'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 Petrotech Oil'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 |
Petrotech Oil Competition Performance Charts
Five steps to successful analysis of Petrotech Oil Competition
Petrotech Oil'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 Petrotech Oil Gas in relation to its competition. Petrotech Oil's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Petrotech Oil 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 Petrotech Oil's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Petrotech Oil Gas, 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 Petrotech Oil Correlation with its peers. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Can Oil & Gas Equipment & Services industry sustain growth momentum? Does Petrotech have expansion opportunities? Factors like these will boost the valuation of Petrotech Oil. Anticipated expansion of Petrotech directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Petrotech Oil demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Investors evaluate Petrotech Oil Gas using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Petrotech Oil's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Petrotech Oil's market price to deviate significantly from intrinsic value.
It's important to distinguish between Petrotech Oil's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Petrotech Oil should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Petrotech Oil's market price signifies the transaction level at which participants voluntarily complete trades.