TransCoastal Competitors
| TCEC Stock | USD 0.0001 0.00 0.000003% |
TransCoastal Corp vs Dish TV Correlation
No risk reduction
The correlation between TransCoastal Corp and DTTVY is 1.0 (i.e., No risk reduction) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TransCoastal Corp and DTTVY in the same portfolio, assuming nothing else is changed.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TransCoastal 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.
TransCoastal Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between TransCoastal 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 TransCoastal 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 TransCoastal Corp does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between TransCoastal Stock performing well and TransCoastal 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 TransCoastal 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IMTV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CEXE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VGTL | 5.98 | 0.03 | 0.00 | 0.06 | 0.00 | 33.33 | 66.67 | |||
| GFMH | 4.13 | 1.18 | 0.00 | 0.52 | 0.00 | 11.54 | 83.33 | |||
| AFFU | 14.58 | 4.08 | 0.00 | (1.01) | 0.00 | 100.00 | 150.00 | |||
| GOOLF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WEBB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EPGC | 1.49 | 0.80 | 0.00 | (1.05) | 0.00 | 0.00 | 50.00 | |||
| WWIO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DTTVY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
TransCoastal Corp Competitive Analysis
The better you understand TransCoastal Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, TransCoastal 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 TransCoastal 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 |
TransCoastal Corp Competition Performance Charts
Five steps to successful analysis of TransCoastal Corp Competition
TransCoastal 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 TransCoastal Corp in relation to its competition. TransCoastal Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of TransCoastal 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 TransCoastal Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to TransCoastal 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 TransCoastal Corp Correlation with its peers. For information on how to trade TransCoastal Stock refer to our How to Trade TransCoastal Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Will Oil & Gas Exploration & Production sector continue expanding? Could TransCoastal diversify its offerings? Factors like these will boost the valuation of TransCoastal Corp. If investors know TransCoastal will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every TransCoastal Corp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate TransCoastal Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating TransCoastal 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 TransCoastal Corp's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between TransCoastal Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if TransCoastal Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, TransCoastal Corp's market price signifies the transaction level at which participants voluntarily complete trades.