Tetra Competitors
| TTEK Stock | USD 37.66 0.56 1.47% |
Tetra Tech vs AAON Correlation
Good diversification
The correlation between Tetra Tech and AAON is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tetra Tech and AAON in the same portfolio, assuming nothing else is changed.
Moving together with Tetra Stock
| 0.71 | 0LHR | Tyson Foods Cl Earnings Call Tomorrow | PairCorr |
Moving against Tetra Stock
| 0.73 | 0HW4 | Charter Communications | PairCorr |
| 0.58 | 0RFX | Bell Food Group | PairCorr |
| 0.34 | 0FF9 | Nordic Semiconductor ASA Earnings Call This Week | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tetra Tech'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.
Tetra Tech Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tetra Tech 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 Tetra 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 Tetra Tech 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 Tetra Stock performing well and Tetra Tech 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 Tetra Tech'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DY | 1.59 | 0.35 | 0.18 | 0.32 | 1.79 | 3.06 | 14.96 | |||
| PRIM | 2.19 | 0.05 | 0.02 | 0.07 | 3.18 | 5.21 | 14.82 | |||
| IESC | 2.92 | (0.12) | 0.00 | (0.02) | 0.00 | 5.82 | 19.47 | |||
| FLR | 1.71 | (0.13) | 0.00 | (0.03) | 0.00 | 3.41 | 9.28 | |||
| AWI | 1.02 | (0.18) | 0.00 | (0.14) | 0.00 | 2.43 | 7.39 | |||
| PSN | 1.81 | (0.26) | 0.00 | (0.22) | 0.00 | 3.68 | 25.78 | |||
| ZWS | 0.99 | (0.05) | 0.00 | (0.02) | 0.00 | 2.02 | 6.90 | |||
| CAE | 1.37 | 0.13 | 0.08 | 0.14 | 1.52 | 3.17 | 9.61 | |||
| VMI | 1.04 | 0.06 | 0.05 | 0.08 | 1.25 | 2.43 | 5.99 | |||
| AAON | 2.35 | (0.25) | 0.00 | (0.09) | 0.00 | 4.40 | 14.22 |
Cross Equities Net Income Analysis
Compare Tetra Tech and related stocks such as Dycom Industries, Primoris Services, and IES Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DY | 1.9 M | 16.1 M | 39.4 M | 35.2 M | 40 M | 84.3 M | 157.2 M | 157.2 M | 62.9 M | 57.2 M | 34.3 M | 48.6 M | 142.2 M | 218.9 M | 233.4 M | 268.4 M | 281.8 M |
| PRIM | 351.1 K | 58.6 M | 56.8 M | 69.7 M | 63.2 M | 36.9 M | 26.7 M | 72.4 M | 77.5 M | 82.3 M | 105 M | 115.7 M | 133 M | 126.1 M | 180.9 M | 208 M | 218.4 M |
| IESC | 3.7 M | (11.8 M) | (3.6 M) | 5.3 M | 16.5 M | 120.8 M | 13.4 M | (14.2 M) | 33.2 M | 41.6 M | 66.7 M | 34.8 M | 108.3 M | 219.1 M | 306 M | 351.9 M | 369.5 M |
| FLR | 268.1 M | 593.7 M | 456.3 M | 667.7 M | 510.9 M | 412.5 M | 281.4 M | 191.4 M | 173.5 M | (1.5 B) | (435 M) | (440 M) | 145 M | 139 M | 2.1 B | 2.5 B | 2.6 B |
| AWI | 122.4 M | 112.4 M | 131.2 M | 99.8 M | 77.8 M | 52.5 M | 89.1 M | 224.1 M | 198.6 M | 240 M | (84.2 M) | 185 M | 199.6 M | 223.7 M | 264.9 M | 304.6 M | 319.9 M |
| PSN | 96.3 M | 96.3 M | 96.3 M | 96.3 M | 96.3 M | 88.3 M | (13.1 M) | 97.3 M | 167.9 M | 120.5 M | 98.5 M | 64.1 M | 96.7 M | 161.1 M | 235.1 M | 270.3 M | 283.8 M |
| ZWS | 600 K | 29.9 M | 50.1 M | 30.2 M | 83.8 M | 67.9 M | 74.1 M | 75.9 M | 34.3 M | 180.1 M | 118.2 M | 120.9 M | 61.7 M | 112.7 M | 160.2 M | 184.2 M | 193.4 M |
| CAE | (395 M) | 180.3 M | 139.4 M | 190 M | 201.8 M | 229.7 M | 251.5 M | 347 M | 330 M | 218.8 M | (47.2 M) | 141.7 M | 222.7 M | (304 M) | 405.3 M | 466.1 M | 489.4 M |
| VMI | (800 K) | 228.3 M | 234.1 M | 278.5 M | 184 M | 40.1 M | 173.2 M | 116.2 M | 94.4 M | 146.4 M | 140.7 M | 195.6 M | 250.9 M | 143.5 M | 348.3 M | 400.5 M | 420.5 M |
| AAON | 1000 K | 14 M | 27.4 M | 37.5 M | 44.2 M | 45.7 M | 53.4 M | 54.5 M | 42.3 M | 53.7 M | 79 M | 58.8 M | 100.4 M | 177.6 M | 168.6 M | 193.8 M | 203.5 M |
Tetra Tech and related stocks such as Dycom Industries, Primoris Services, and IES Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Tetra Tech financial statement analysis. It represents the amount of money remaining after all of Tetra Tech operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Tetra Tech Competitive Analysis
The better you understand Tetra Tech competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tetra Tech'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 Tetra Tech'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 |
Tetra Tech Competition Performance Charts
Five steps to successful analysis of Tetra Tech Competition
Tetra Tech'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 Tetra Tech in relation to its competition. Tetra Tech's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Tetra Tech 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 Tetra Tech's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tetra Tech, 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 Tetra Tech Correlation with its peers. For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Environmental & Facilities Services 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 Tetra Tech. If investors know Tetra 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. Comprehensive Tetra Tech assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 144.613 | Dividend Share 0.253 | Earnings Share 1.33 | Revenue Per Share | Quarterly Revenue Growth (0.13) |
Investors evaluate Tetra Tech using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Tetra Tech's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Tetra Tech's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Tetra Tech's market price signifies the transaction level at which participants voluntarily complete trades.