Tecogen Competitors

Stocks . USA . 
Stock . Tecogen
TGEN Stock  USD 4.34  0.42  8.82%   
Tecogen competes with Montana Technologies, Solid Power, CEA Industries, NL Industries, and Electrovaya; as well as few others. The company conducts business under Building Products sector and is part of Industrials industry. Analyzing Tecogen 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 Tecogen to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Tecogen Correlation with its peers.
To learn how to invest in Tecogen Stock, please use our How to Invest in Tecogen guide.

Tecogen vs Park Ohio Correlation

Excellent diversification

The correlation between Tecogen and PKOH is -0.57 (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 together with Tecogen Stock

  0.8TT Trane Technologies plc Earnings Call This WeekPairCorr

Moving against Tecogen Stock

  0.68CNR Core Natural ResourcesPairCorr
  0.61603221 Zhangjiagang Elegant HomePairCorr
  0.6AOS Smith AO Earnings Call This WeekPairCorr
  0.59IIIN Insteel IndustriesPairCorr
  0.48GFF GriffonPairCorr
Specify up to 10 symbols:
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.
Hype
Prediction
LowEstimatedHigh
0.214.129.98
Details
Intrinsic
Valuation
LowRealHigh
0.214.1710.03
Details
Naive
Forecast
LowNextHigh
0.14.8310.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.745.417.08
Details

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

CVEO
+ 0.93
ELVA
PKOH
+ 0.87
RLGT
FSTR
+ 0.77
ELVA
FSTR
+ 0.77
CVEO
CVEO
+ 0.72
NL
PKOH
+ 0.71
FSTR
  

High negative correlations

ACTG
- 0.66
AIRJ
PKOH
- 0.48
AIRJ
RLGT
- 0.48
AIRJ
RLGT
- 0.41
SLDP
PKOH
- 0.36
SLDP
ACTG
- 0.29
SLDP

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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AIRJ  4.06 (0.62) 0.00 (0.14) 0.00 
 0.00 
 13.28 
(7.52)
 31.81 
SLDP  4.82 (0.03) 0.02  0.06  5.79 
(6.08)
 9.41 
(8.23)
 72.11 
BNC  4.33 (0.51) 0.00 (0.11) 0.00 
 0.00 
 9.58 
(9.22)
 35.96 
NL  2.24  0.09  0.04  0.14  2.30 
(2.80)
 5.51 
(4.21)
 20.34 
ELVA  3.36  0.87  0.26  0.41  2.97 
(3.95)
 8.04 
(5.38)
 33.61 
CVEO  1.22  0.11  0.04  0.30  1.88 
(1.31)
 2.41 
(1.82)
 14.66 
RLGT  1.35  0.04  0.03  0.10  1.75 
(1.47)
 3.34 
(3.07)
 8.55 
ACTG  1.79  0.19  0.07  0.30  2.33 
(1.82)
 3.54 
(3.39)
 15.00 
FSTR  1.63  0.11  0.07  0.18  1.49 
(2.02)
 3.75 
(2.38)
 11.26 
PKOH  1.94  0.12  0.06  0.14  2.48 
(2.07)
 4.77 
(3.60)
 14.74 

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
TGEN AIRJ SLDP BNC NL ELVA CVEO RLGT ACTG FSTR
 8.82 
 4.34 
Tecogen
 1.09 
 3.71 
Montana
 2.69 
 5.42 
Solid
 3.66 
 5.52 
CEA
 1.27 
 6.22 
NL Industries
 0.54 
 11.02 
Electrovaya
 1.15 
 24.96 
Civeo
 3.28 
 6.48 
Radiant
 1.25 
 3.96 
Acacia
 2.28 
 29.16 
FSTR
Market Volatility
(90 Days Market Risk)
Risky
Unstable
Very risky
Risky
Slightly risky
Slightly risky
Very steady
Somewhat reliable
Moderately volatile
Very steady
Market Performance
(90 Days Performance)
Weakest
Weakest
Weak
Weakest
Soft
Good
Mild
Mild
Fair
Mild
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
High
Low
High
Low
Tiny
Small
Low
Small
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Hold
Strong Hold
Hold
Strong Hold
Strong Hold
Current Ratio
3.02
N/A
36.06
N/A
6.63
N/A
1.42
1.61
3.67
2.06
Net Asset
31.09 M
369.85 M
448.25 M
10.36 M
578.26 M
63.93 M
405.07 M
426.77 M
756.39 M
334.55 M
Profit Margin
-0.16
N/A
N/A
-1.18
0.061
0.0527
-0.0457
0.0164
0.017
0.0096
EBITDA
(3.98 M)
(11.18 M)
(88.87 M)
(3.15 M)
107.84 M
5.59 M
70.07 M
36.95 M
2.85 M
33.52 M
Operating Margin
-0.19
N/A
-6.34
-1.51
0.0667
0.12
0.0409
0.0101
-0.11
0.06
Current Valuation
124.89 M
222.79 M
761.78 M
911.91 M
202.5 M
529.24 M
473.44 M
377.82 M
127.78 M
384.06 M
Price To Book
5.39
0.87
2.79
116.35
0.81
16.62
1.57
1.39
0.72
1.73
Retained Earnings
(47.64 M)
198.53 M
(181.17 M)
(40.34 M)
315.06 M
(125.88 M)
(980.72 M)
150.57 M
(275.79 M)
167.58 M
Current Asset
19.35 M
N/A
N/A
N/A
124.76 M
N/A
89.96 M
113.37 M
183.88 M
214.47 M
Five Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.58
Beta
1.21
0.46
1.9
0.78
0.27
0.73
0.62
0.73
0.48
1.0
Number Of Employees
91
17
260
29
3.03 K
9
2.6 K
988
1.04 K
1.06 K
Shares Outstanding
29.69 M
67.76 M
191.02 M
42.6 M
48.86 M
46.93 M
11.52 M
46.83 M
96.46 M
10.39 M
Cash Flow From Operations
4.06 M
(24.26 M)
(63.9 M)
(3.06 M)
25.57 M
(406.62 K)
83.51 M
13.27 M
50.12 M
22.63 M
Annual Yield
N/A
N/A
N/A
N/A
0.0571
N/A
0.0396
N/A
N/A
N/A
Total Debt
3.73 M
154.23 K
9.41 M
269.8 K
500 K
22.56 M
55.75 M
83.24 M
124.33 M
61.65 M
Return On Equity
-0.4
-0.0034
-0.24
N/A
0.0304
0.17
-0.12
0.0696
0.0098
0.0267
Return On Asset
-0.0857
-0.022
-0.14
N/A
0.0086
0.067
-0.0025
0.0257
0.0062
0.0367
Number Of Shares Shorted
18.11 K
1.53 M
24.46 M
1.61 M
97.12 K
408.68 K
394.01 K
544.63 K
1.42 M
171.32 K
Book Value Per Share
0.36
4.73
2.0
9.86
7.68
0.74
15.68
4.91
5.57
17.06
Current Liabilities
5.38 M
N/A
N/A
N/A
24.01 M
N/A
66.25 M
96.51 M
33.23 M
91.65 M
Total Asset
31.09 M
369.85 M
448.25 M
10.36 M
578.26 M
63.93 M
405.07 M
426.77 M
756.39 M
334.55 M
Debt To Equity
0.079
N/A
0.014
N/A
0.001
N/A
0.48
0.86
0.39
0.64
Short Ratio
1.52
2.81
3.8
0.67
3.15
0.43
10.08
3.43
6.81
6.57
Target Price
15.0
8.94
7.0
29.0
6.0
8.8
28.0
8.33
5.0
29.0
Last Dividend Paid
N/A
N/A
N/A
N/A
0.35
N/A
0.5
N/A
N/A
N/A
Shares Owned By Institutions
17.7
11.26
37.75
9.46
12.6
13.43
84.66
55.43
88.77
78.83
Market Capitalization
206.05 M
251.38 M
1.06 B
920.07 M
303.93 M
517.19 M
313.29 M
303.74 M
381.98 M
309.03 M
Price To Earning
41.67
N/A
27.39
N/A
22.67
N/A
N/A
24.32
2.65
46.82
Price To Earnings To Growth
N/A
N/A
N/A
N/A
-0.42
0.96
5.0
0.78
10.5
0.13
Price To Sales
5.1
N/A
53.73
264.52
1.91
8.1
0.5
0.33
1.35
0.61
Net Income
(4.67 M)
215.7 M
(96.52 M)
(3.15 M)
69.26 M
3.36 M
(18.43 M)
17.44 M
(34.7 M)
42.84 M
Earnings Per Share
-0.16
-0.16
-0.54
-4.21
0.2
0.08
-2.07
0.31
0.06
0.45
Shares Owned By Insiders
39.13
54.33
12.09
6.44
0.32
32.62
6.61
24.0
1.44
5.64
Revenue
22.62 M
N/A
20.14 M
2.8 M
145.94 M
63.58 M
682.12 M
902.7 M
122.31 M
530.76 M
Working Capital
5.33 M
27.44 M
105.27 M
9.06 M
146.9 M
31.88 M
17.81 M
64.11 M
372.91 M
73.31 M
Cash And Equivalents
2.83 M
N/A
484.3 M
N/A
163.15 M
N/A
4.78 M
40.05 M
469.13 M
4.94 M
Cash Per Share
0.11
N/A
2.78
N/A
3.1
N/A
0.34
0.83
12.25
0.45
Gross Profit
10.9 M
N/A
1.43 M
140.27 K
31.14 M
19.72 M
142.48 M
157.86 M
86.67 M
112.06 M
Day Typical Price
4.47
3.7
5.43
5.62
6.23
11.11
25.11
6.55
3.98
29.26
Accumulation Distribution
0.0945
0.0501
0.0502
0.0582
0.0284
0.0532
0.0224
0.0343
0.0321
0.0206
Market Facilitation Index
0.45
0.19
0.28
0.34
0.18
0.61
0.57
0.23
0.13
0.61
Daily Balance Of Power
(0.93)
0.2105
(0.54)
(0.62)
(0.44)
(0.1)
(0.51)
(0.96)
(0.38)
(1.11)
Period Momentum Indicator
(0.42)
0.04
(0.15)
(0.21)
(0.08)
(0.06)
(0.29)
(0.22)
(0.05)
(0.68)
Rate Of Daily Change
0.91
1.01
0.97
0.96
0.99
0.99
0.99
0.97
0.99
0.98
Day Median Price
4.54
3.7
5.44
5.67
6.24
11.16
25.19
6.59
3.99
29.32
Price Action Indicator
(0.40)
0.035
(0.1)
(0.26)
(0.06)
(0.17)
(0.37)
(0.21)
(0.05)
(0.50)
Coefficient Of Variation
(613.94)
(1,417)
4239.93
(2,007)
1764.25
504.41
1412.06
1291.09
964.61
1174.27
Mean Deviation
4.37
4.06
4.82
4.33
2.24
3.36
1.22
1.35
1.79
1.63
Jensen Alpha
(1.08)
(0.62)
(0.03)
(0.51)
0.0875
0.8707
0.1134
0.039
0.1942
0.1085
Total Risk Alpha
(1.51)
(0.96)
(0.62)
(0.88)
(0.13)
0.548
(0.06)
(0.04)
0.0161
(0.03)
Sortino Ratio
N/A
N/A
0.0208
N/A
0.0421
0.2622
0.0378
0.0348
0.068
0.0657
Downside Variance
N/A
N/A
38.11
N/A
5.82
13.86
4.26
3.45
7.31
2.78
Standard Deviation
5.86
5.78
8.76
6.06
3.17
5.32
2.21
1.85
2.53
2.21
Kurtosis
1.82
2.31
19.51
1.83
5.2
11.9
15.26
0.9209
3.48
1.92
Potential Upside
8.1
13.28
9.41
9.58
5.51
8.04
2.41
3.34
3.54
3.75
Treynor Ratio
(0.55)
(0.14)
0.0602
(0.11)
0.1409
0.4105
0.3037
0.0967
0.2976
0.1751
Maximum Drawdown
35.03
31.81
72.11
35.96
20.34
33.61
14.66
8.55
15.0
11.26
Variance
34.28
33.39
76.82
36.67
10.08
28.3
4.87
3.41
6.39
4.87
Market Risk Adjusted Performance
(0.54)
(0.13)
0.0702
(0.1)
0.1509
0.4205
0.3137
0.1067
0.3076
0.1851
Risk Adjusted Performance
(0.11)
(0.04)
0.0264
(0.03)
0.0492
0.1538
0.0585
0.0627
0.083
0.069
Skewness
(0.15)
1.01
3.25
0.4059
1.43
2.42
1.26
(0.12)
0.598
1.04
Semi Deviation
N/A
N/A
5.79
N/A
2.3
2.97
1.88
1.75
2.33
1.49
Information Ratio
(0.18)
(0.08)
0.0146
(0.06)
0.032
0.1835
0.0353
0.035
0.0727
0.0497
Value At Risk
(8.82)
(7.52)
(8.23)
(9.22)
(4.21)
(5.38)
(1.82)
(3.07)
(3.39)
(2.38)
Expected Short fall
N/A
N/A
(6.08)
N/A
(2.80)
(3.95)
(1.31)
(1.47)
(1.82)
(2.02)
Downside Deviation
N/A
N/A
6.17
N/A
2.41
3.72
2.06
1.86
2.7
1.67
Semi Variance
N/A
N/A
33.54
N/A
5.3
8.79
3.53
3.06
5.42
2.21

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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Tecogen position

In addition to having Tecogen in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Absolute Returns ETFs Thematic Idea Now

Absolute Returns ETFs
Absolute Returns ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Absolute Returns ETFs theme has 54 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Absolute Returns ETFs Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Tecogen offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tecogen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tecogen Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tecogen Stock:
How To Invest In Tecogen
Details
Is Tecogen Stock a good investment?
Details
What is Tecogen's Net Worth?
Details
Largest Building Products Companies
View
Largest Electrical Equipment & Parts Companies
View
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tecogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tecogen is measured differently than its book value, which is the value of Tecogen that is recorded on the company's balance sheet. Investors also form their own opinion of Tecogen's value that differs from its market value or its book value, called intrinsic value, which is Tecogen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tecogen's market value can be influenced by many factors that don't directly affect Tecogen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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. However, Tecogen'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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY