Tecogen Competitors
| TGEN Stock | USD 3.81 0.04 1.06% |
Tecogen vs Park Ohio Correlation
Excellent diversification
The correlation between Tecogen and PKOH is -0.69 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tecogen and PKOH in the same portfolio, assuming nothing else is changed.
Moving against Tecogen Stock
| 0.87 | NX | Quanex Building Products | PairCorr |
| 0.84 | 52SA | SYSTEMAIR AB | PairCorr |
| 0.8 | VO1 | Volution Group plc | PairCorr |
| 0.78 | OC | Owens Corning Earnings Call This Week | PairCorr |
| 0.78 | AOS | Smith AO | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tecogen'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.
Tecogen Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tecogen 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 Tecogen 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 Tecogen 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 Tecogen Stock performing well and Tecogen 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 Tecogen'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AIRJ | 4.31 | (0.64) | 0.00 | (0.13) | 0.00 | 13.28 | 31.81 | |||
| SLDP | 3.56 | (1.09) | 0.00 | (0.48) | 0.00 | 5.89 | 19.34 | |||
| BNC | 4.36 | (0.53) | 0.00 | (0.17) | 0.00 | 9.58 | 35.96 | |||
| NL | 2.18 | 0.15 | 0.06 | 0.23 | 2.24 | 5.51 | 20.34 | |||
| ELVA | 3.88 | 0.56 | 0.12 | 0.28 | 4.82 | 8.39 | 46.08 | |||
| CVEO | 0.96 | 0.34 | 0.33 | 0.51 | 0.49 | 2.53 | 4.52 | |||
| RLGT | 1.80 | 0.19 | 0.09 | 0.18 | 2.08 | 3.86 | 23.53 | |||
| ACTG | 1.63 | 0.10 | 0.04 | 0.16 | 2.06 | 3.30 | 8.11 | |||
| FSTR | 1.46 | 0.14 | 0.08 | 0.23 | 1.41 | 3.47 | 11.26 | |||
| PKOH | 1.93 | 0.50 | 0.22 | 0.52 | 1.83 | 5.26 | 10.51 |
Cross Equities Net Income Analysis
Compare Tecogen and related stocks such as Montana Technologies, Solid Power, and CEA Industries Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AIRJ | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.3 M) | (2.8 M) | (11.4 M) | 215.7 M | 248 M | 260.5 M |
| SLDP | (9.2 M) | (9.2 M) | (9.2 M) | (9.2 M) | (9.2 M) | (9.2 M) | (9.2 M) | (9.2 M) | (9.2 M) | (9.2 M) | (14.4 M) | 18.1 M | (9.6 M) | (65.5 M) | (96.5 M) | (86.9 M) | (82.5 M) |
| BNC | (24.7 K) | (1.6 M) | (779 K) | (193.2 K) | (3 M) | (5.3 M) | (3.3 M) | (4.9 M) | (4.7 M) | (1.3 M) | (1.8 M) | (1.3 M) | (5.5 M) | (2.9 M) | (3.1 M) | (2.8 M) | (3 M) |
| NL | (19.9 M) | 81.7 M | 74.5 M | (55.3 M) | 28.5 M | (23.9 M) | 15.3 M | 116.1 M | (41 M) | 25.8 M | 14.7 M | 51.2 M | 33.8 M | (2.3 M) | 67.2 M | 60.5 M | 40 M |
| ELVA | (1.2 M) | (3.9 M) | (4.6 M) | (3.4 M) | (3.2 M) | (8.8 M) | (21.2 M) | (22.7 M) | (2.8 M) | 1.1 M | (7.5 M) | (9.2 M) | (1.5 M) | (1.5 M) | 3.4 M | 3 M | 3.2 M |
| CVEO | 244.7 M | 244.7 M | 244.7 M | 181.9 M | (189 M) | (131.8 M) | (96.4 M) | (105.7 M) | (82.2 M) | (58.3 M) | (134.2 M) | 1.4 M | 4 M | 30.2 M | (17.1 M) | (15.4 M) | (16.1 M) |
| RLGT | (25.3 K) | 1.9 M | 3.7 M | 5.1 M | 5.9 M | (3.5 M) | 4.9 M | 10.2 M | 16.3 M | 10.5 M | 23.1 M | 44.5 M | 20.6 M | 7.7 M | 17.3 M | 19.9 M | 20.9 M |
| ACTG | 2.1 M | 20 M | 59.5 M | (56.4 M) | (66 M) | (160 M) | (54.1 M) | 22.2 M | (105 M) | (17.1 M) | 109.2 M | 149.2 M | (125.1 M) | 67.1 M | (36.1 M) | (41.5 M) | (39.4 M) |
| FSTR | 22.9 M | 22.9 M | 16.2 M | 29.3 M | 25.7 M | (44.4 M) | (141.7 M) | 4.1 M | (31.2 M) | 42.6 M | 7.6 M | 3.6 M | (45.6 M) | 1.5 M | 42.9 M | 49.4 M | 51.9 M |
| PKOH | 2 M | 29.4 M | 31.8 M | 43.4 M | 45.6 M | 48.1 M | 31.7 M | 28.6 M | 53.6 M | 38.6 M | (4.5 M) | (24.8 M) | (14.2 M) | 7.8 M | 31.8 M | 36.6 M | 38.4 M |
Tecogen and related stocks such as Montana Technologies, Solid Power, and CEA Industries Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Tecogen financial statement analysis. It represents the amount of money remaining after all of Tecogen operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Tecogen Competitive Analysis
The better you understand Tecogen competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tecogen'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 Tecogen'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 |
Tecogen Competition Performance Charts
Five steps to successful analysis of Tecogen Competition
Tecogen'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 Tecogen in relation to its competition. Tecogen's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Tecogen 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 Tecogen's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tecogen, 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 Tecogen Correlation with its peers. To learn how to invest in Tecogen Stock, please use our How to Invest in Tecogen guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Will Building Products sector continue expanding? Could Tecogen diversify its offerings? Factors like these will boost the valuation of Tecogen. If investors know Tecogen will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tecogen data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.95) | Earnings Share (0.16) | Revenue Per Share | Quarterly Revenue Growth 0.543 | Return On Assets |
Investors evaluate Tecogen using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Tecogen'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 Tecogen's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Tecogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tecogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Tecogen's market price signifies the transaction level at which participants voluntarily complete trades.