Tenet Competitors
| THC Stock | USD 189.49 0.09 0.05% |
Tenet Healthcare vs Oaktree Capital Correlation
Average diversification
The correlation between Tenet Healthcare and OAK-PB is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tenet Healthcare and OAK-PB in the same portfolio, assuming nothing else is changed.
Moving against Tenet Stock
| 0.44 | NPTH | NeuPath Health | PairCorr |
| 0.34 | CAH | Cardinal Health Earnings Call This Week | PairCorr |
| 0.33 | EHAB | Enhabit | PairCorr |
Tenet Healthcare Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tenet Healthcare 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 Tenet 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 Tenet Healthcare 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 Tenet Stock performing well and Tenet Healthcare 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 Tenet Healthcare'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SEIC | 0.96 | 0.06 | 0.05 | 0.11 | 1.08 | 2.10 | 7.41 | |||
| WILLF | 0.43 | 0.00 | 0.00 | 0.08 | 0.00 | 2.32 | 8.87 | |||
| CCHBF | 0.53 | 0.17 | 0.00 | (1.01) | 0.00 | 3.20 | 11.95 | |||
| GBDC | 0.70 | (0.04) | 0.00 | (0.13) | 0.00 | 1.37 | 3.53 | |||
| NFTY | 0.56 | (0.10) | 0.00 | (0.25) | 0.00 | 0.82 | 3.79 | |||
| ORIC | 2.81 | (0.14) | 0.00 | (0.32) | 0.00 | 6.63 | 15.34 | |||
| BCRD | 4.90 | 1.26 | 0.06 | (0.17) | 7.12 | 2.41 | 187.41 | |||
| BWA | 1.23 | 0.11 | 0.07 | 0.14 | 1.55 | 3.51 | 8.11 | |||
| OAK-PB | 0.54 | 0.01 | (0.05) | 0.19 | 0.76 | 1.34 | 4.82 |
Cross Equities Net Income Analysis
Compare Tenet Healthcare and related stocks such as SEI Investments, Demant AS, and Coca Cola HBC Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SEIC | 3.8 M | 205 M | 206.8 M | 288.1 M | 318.7 M | 331.7 M | 333.8 M | 404.4 M | 505.9 M | 501.4 M | 447.3 M | 546.6 M | 475.5 M | 462.3 M | 581.2 M | 668.4 M | 701.8 M |
| GBDC | 59 K | 31.8 M | 46.5 M | 65.4 M | 70.8 M | 69.2 M | 82.3 M | 82 M | (18.6 M) | 54.9 M | 340.3 M | 153.4 M | 258.6 M | 273.8 M | 396.8 M | 456.3 M | 479.1 M |
| ORIC | (22 M) | (22 M) | (22 M) | (22 M) | (22 M) | (22 M) | (22 M) | (22 M) | (21.4 M) | (26.9 M) | (73.7 M) | (77.7 M) | (89.1 M) | (100.7 M) | (127.8 M) | (115.1 M) | (109.3 M) |
| BWA | (12.1 M) | 550.1 M | 500.9 M | 624.3 M | 655.8 M | 609.7 M | 118.5 M | 439.9 M | 930.7 M | 746 M | 500 M | 537 M | 944 M | 625 M | 338 M | 388.7 M | 335.4 M |
Tenet Healthcare and related stocks such as SEI Investments, Demant AS, and Coca Cola HBC Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Tenet Healthcare financial statement analysis. It represents the amount of money remaining after all of Tenet Healthcare operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Tenet Healthcare Competitive Analysis
The better you understand Tenet Healthcare competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tenet Healthcare'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 Tenet Healthcare'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 |
Tenet Healthcare Competition Performance Charts
Five steps to successful analysis of Tenet Healthcare Competition
Tenet Healthcare'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 Tenet Healthcare in relation to its competition. Tenet Healthcare's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Tenet Healthcare 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 Tenet Healthcare's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tenet Healthcare, 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 Tenet Healthcare Correlation with its peers. For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Will Health Care Providers & Services sector continue expanding? Could Tenet diversify its offerings? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tenet Healthcare data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.21) | Earnings Share 14.71 | Revenue Per Share | Quarterly Revenue Growth 0.032 | Return On Assets |
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Tenet Healthcare's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
