Transocean Competitors
| RIG Stock | USD 5.88 0.12 2.00% |
Transocean vs Tidewater Correlation
Almost no diversification
The correlation between Transocean and TDW is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Transocean and TDW in the same portfolio, assuming nothing else is changed.
Moving together with Transocean Stock
| 0.84 | NBR | Nabors Industries | PairCorr |
| 0.83 | PDS | Precision Drilling | PairCorr |
| 0.74 | B2W | BORR DRILLING NEW Earnings Call This Week | PairCorr |
| 0.81 | CAPD | Capital Drilling | PairCorr |
Moving against Transocean Stock
| 0.73 | PBCRY | Bank Central Asia | PairCorr |
| 0.43 | PBCRF | PT Bank Central | PairCorr |
| 0.4 | PTAIF | PT Astra International | PairCorr |
| 0.34 | OMC | Omnicom Group Downward Rally | PairCorr |
Transocean Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Transocean 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 Transocean 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 Transocean 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 Transocean Stock performing well and Transocean 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 Transocean'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PTEN | 2.07 | 0.48 | 0.17 | 0.57 | 2.19 | 5.89 | 11.30 | |||
| KGS | 1.48 | 0.65 | 0.29 | 3.67 | 1.33 | 3.55 | 11.76 | |||
| PBF | 2.74 | (0.01) | (0.02) | 0.07 | 3.58 | 6.13 | 19.17 | |||
| STNG | 1.68 | 0.21 | 0.05 | (0.64) | 1.58 | 4.53 | 12.30 | |||
| GPOR | 1.72 | 0.05 | (0.01) | 7.69 | 2.56 | 3.11 | 11.99 | |||
| USAC | 1.15 | 0.17 | 0.07 | 0.62 | 1.44 | 2.50 | 7.17 | |||
| TGS | 1.67 | 0.04 | 0.00 | 0.16 | 1.62 | 4.45 | 8.50 | |||
| VAL | 2.63 | 0.72 | 0.26 | 0.62 | 2.14 | 6.65 | 39.09 | |||
| VIST | 1.97 | 0.19 | 0.05 | 0.42 | 2.68 | 4.21 | 13.64 | |||
| TDW | 2.45 | 0.43 | 0.15 | 0.43 | 2.87 | 5.06 | 15.89 |
Cross Equities Net Income Analysis
Compare Transocean and related stocks such as Patterson UTI Energy, Kodiak Gas Services, and PBF Energy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PTEN | 100 K | 322.4 M | 299.5 M | 188 M | 162.7 M | (294.5 M) | (318.6 M) | 5.9 M | (321.4 M) | (425.7 M) | (803.7 M) | (654.5 M) | 154.7 M | 246.3 M | (968 M) | (93.6 M) | (89 M) |
| KGS | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | 181 M | 106.3 M | 20.1 M | 49.9 M | 44.9 M | 56.8 M |
| PBF | 6.1 M | 242.7 M | 2 M | 39.5 M | (38.2 M) | 146.4 M | 170.8 M | 415.6 M | 128.3 M | 319.4 M | (1.4 B) | 231 M | 2.9 B | 2.1 B | (533.8 M) | (613.9 M) | (583.2 M) |
| STNG | 12.1 M | (82.7 M) | (26.5 M) | 17 M | 52.1 M | 217.7 M | (24.9 M) | (158.2 M) | (190.1 M) | (48.5 M) | 94.1 M | (234.4 M) | 637.3 M | 546.9 M | 668.8 M | 769.1 M | 807.5 M |
| GPOR | (29.4 M) | 108.4 M | 71.8 M | 153.2 M | 247.4 M | (1.2 B) | (979.7 M) | 435.2 M | 430.6 M | (2 B) | (1.6 B) | 138.2 M | 494.7 M | 1.5 B | (261.4 M) | (235.2 M) | (223.5 M) |
| USAC | 21.2 M | 6.7 K | 4.5 M | 10.5 M | 24.9 M | (154.3 M) | 12.9 M | 11.4 M | (10.6 M) | 39.1 M | (594.7 M) | 10.3 M | 30.3 M | 68.3 M | 99.6 M | 89.6 M | 94.1 M |
| TGS | 156.5 M | 230.7 M | 239.2 M | 107.5 M | 105 M | (172.1 M) | 930.7 M | 2.8 B | 11.4 B | 12.8 B | 9.7 B | 127 B | 219.2 B | 51.2 B | 370.2 B | 425.7 B | 447 B |
| VAL | 16.5 M | 600.4 M | 1.1 B | 1.4 B | (3.9 B) | (1.6 B) | 890.2 M | (303.7 M) | (639.7 M) | (198 M) | (4.9 B) | (4.5 B) | 176.5 M | 865.4 M | 373.4 M | 336.1 M | 352.9 M |
| VIST | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | (29.9 M) | (32.7 M) | (102.7 M) | 50.6 M | 269.5 M | 397 M | 477.5 M | 549.1 M | 576.6 M |
| TDW | 24.2 M | 87.4 M | 150.8 M | 140.3 M | (65.2 M) | (160.2 M) | (660.1 M) | (2.2 B) | (171.5 M) | (141.7 M) | (196.2 M) | (129 M) | (21.7 M) | 97.2 M | 180.7 M | 162.6 M | 170.7 M |
Transocean and related stocks such as Patterson UTI Energy, Kodiak Gas Services, and PBF Energy Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Transocean financial statement analysis. It represents the amount of money remaining after all of Transocean operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Transocean Competitive Analysis
The better you understand Transocean competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Transocean'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 Transocean'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 |
Transocean Competition Performance Charts
Five steps to successful analysis of Transocean Competition
Transocean'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 Transocean in relation to its competition. Transocean's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Transocean 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 Transocean's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Transocean, 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 Transocean Correlation with its peers. For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Can Energy Equipment & Services industry sustain growth momentum? Does Transocean have expansion opportunities? Factors like these will boost the valuation of Transocean. Anticipated expansion of Transocean directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Transocean demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (3.68) | Revenue Per Share | Quarterly Revenue Growth 0.084 | Return On Assets | Return On Equity |
Transocean's market price often diverges from its book value, the accounting figure shown on Transocean's balance sheet. Smart investors calculate Transocean's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Transocean's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Transocean's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Transocean should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.