Thermodynetics Competitors
Thermodynetics competes with FitLife Brands,, United Homes, SNDL, JBG SMITH, and Addus HomeCare; as well as few others. The company conducts business under Metals & Mining sector and is part of Materials industry. Analyzing Thermodynetics 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 Thermodynetics to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Thermodynetics Correlation with its peers. For more information on how to buy Thermodynetics Stock please use our How to Invest in Thermodynetics guide.
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 Thermodynetics competition on your existing holdings.
Thermodynetics |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thermodynetics' 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.
Thermodynetics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Thermodynetics 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 Thermodynetics 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 Thermodynetics does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Thermodynetics Stock performing well and Thermodynetics 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 Thermodynetics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FTLF | 1.20 | (0.04) | (0.03) | 0.06 | 2.00 | 3.21 | 14.26 | |||
| UHG | 2.98 | (0.16) | (0.01) | 0.04 | 3.66 | 7.79 | 17.32 | |||
| SNDL | 2.01 | 0.01 | 0.00 | 0.08 | 0.00 | 3.86 | 24.46 | |||
| JBGS | 1.16 | (0.16) | 0.00 | (0.05) | 0.00 | 2.58 | 9.14 | |||
| ADUS | 1.20 | (0.23) | 0.00 | (0.08) | 0.00 | 2.50 | 7.74 | |||
| DREM | 0.50 | (0.22) | 0.00 | 0.68 | 0.00 | 0.00 | 16.67 | |||
| TSN | 0.99 | 0.02 | (0.06) | 0.27 | 1.44 | 1.73 | 9.06 | |||
| DIT | 2.41 | (0.24) | 0.00 | (0.11) | 0.00 | 7.69 | 20.23 |
Cross Equities Net Income Analysis
Compare Thermodynetics and related stocks such as FitLife Brands, Common, United Homes Group, and SNDL Inc Net Income Over Time
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FTLF | (153.7 K) | 326.7 K | 2.5 M | 1.3 M | 1.7 M | (1.2 M) | 368.1 K | (9.8 M) | 509 K | 2.7 M | 8.8 M | 5.4 M | 4.4 M | 5.3 M | 5.6 M |
| UHG | 28.3 M | 28.3 M | 28.3 M | 28.3 M | 28.3 M | 28.3 M | 28.3 M | 28.3 M | 28.3 M | 28.3 M | 39 M | 62.4 M | 69.5 M | 125.1 M | 71.3 M |
| SNDL | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (13 M) | (3 M) | (271.6 M) | (255.9 M) | (230.2 M) | (372.4 M) | (172.7 M) | (181.3 M) |
| JBGS | 88.7 M | 88.7 M | 88.7 M | 88.7 M | 81.3 M | 46.3 M | 62 M | (71.8 M) | 39.9 M | 65.6 M | (67.3 M) | (89.7 M) | 85.4 M | (80 M) | (76 M) |
| ADUS | 197 K | (2 M) | 7.6 M | 19.1 M | 12.2 M | 11.6 M | 12 M | 13.6 M | 17.5 M | 25.2 M | 33.1 M | 45.1 M | 46 M | 62.5 M | 65.6 M |
| TSN | 34.8 M | 583 M | 778 M | 864 M | 1.2 B | 1.8 B | 1.8 B | 3 B | 2 B | 2.1 B | 3 B | 3.2 B | (648 M) | 800 M | 687.7 M |
| DIT | 1.3 M | 7.4 M | 5.9 M | 5 M | 6.4 M | 6 M | 2.9 M | 3.6 M | 3.2 M | 5.5 M | 12.2 M | 16.7 M | 11.6 M | 4.3 M | 4.3 M |
Thermodynetics and related stocks such as FitLife Brands, Common, United Homes Group, and SNDL Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Thermodynetics financial statement analysis. It represents the amount of money remaining after all of Thermodynetics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Thermodynetics Competitive Analysis
The better you understand Thermodynetics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Thermodynetics' 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 Thermodynetics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Thermodynetics Competition Performance Charts
Five steps to successful analysis of Thermodynetics Competition
Thermodynetics' 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 Thermodynetics in relation to its competition. Thermodynetics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Thermodynetics 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 Thermodynetics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Thermodynetics, 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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Additional Tools for Thermodynetics Stock Analysis
When running Thermodynetics' price analysis, check to measure Thermodynetics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermodynetics is operating at the current time. Most of Thermodynetics' value examination focuses on studying past and present price action to predict the probability of Thermodynetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermodynetics' price. Additionally, you may evaluate how the addition of Thermodynetics to your portfolios can decrease your overall portfolio volatility.