Ultralife Competitors
| ULBI Stock | USD 6.38 0.09 1.39% |
Ultralife vs Gulf Island Correlation
Very good diversification
The correlation between Ultralife and GIFI is -0.45 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ultralife and GIFI in the same portfolio, assuming nothing else is changed.
Moving against Ultralife Stock
The Ultralife's current Return On Tangible Assets is estimated to increase to 0.04. The Ultralife's current Return On Capital Employed is estimated to increase to 0.05. As of now, Ultralife's Other Assets are increasing as compared to previous years. The Ultralife's current Intangible Assets is estimated to increase to about 29.7 M, while Other Current Assets are projected to decrease to under 5.4 M.Ultralife Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ultralife 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 Ultralife 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 Ultralife 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 Ultralife Stock performing well and Ultralife 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 Ultralife'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ESP | 1.77 | 0.54 | 0.22 | 1.99 | 1.64 | 4.38 | 10.00 | |||
| FLUX | 5.52 | (2.02) | 0.00 | (0.88) | 0.00 | 9.87 | 35.25 | |||
| OPTT | 5.81 | 0.29 | 0.05 | 0.14 | 6.72 | 22.81 | 36.47 | |||
| HQI | 2.74 | 0.44 | 0.13 | 1.36 | 2.64 | 8.40 | 23.30 | |||
| CBAT | 1.83 | (0.33) | 0.00 | (0.41) | 0.00 | 2.38 | 7.92 | |||
| SDST | 4.64 | (0.14) | 0.00 | (0.01) | 0.00 | 8.84 | 26.43 | |||
| GWH | 4.75 | (1.38) | 0.00 | (0.33) | 0.00 | 6.91 | 61.03 | |||
| SPAI | 4.90 | (0.27) | 0.00 | (0.73) | 0.00 | 11.01 | 35.33 | |||
| MATH | 3.47 | (0.67) | 0.00 | (0.60) | 0.00 | 7.94 | 19.54 | |||
| GIFI | 1.83 | 0.90 | 0.92 | 28.59 | 0.00 | 2.43 | 49.85 |
Cross Equities Net Income Analysis
Compare Ultralife and related stocks such as Espey Mfg Electronics, Flux Power Holdings, and Ocean Power Technologies Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ESP | 1.7 M | 4.4 M | 5.6 M | 1.2 M | 3.2 M | 3.2 M | 1.1 M | 3.1 M | 2.3 M | 1.2 M | (181.5 K) | 1.3 M | 3.7 M | 5.8 M | 8.1 M | 9.4 M | 9.8 M |
| FLUX | (30 K) | (2.4 M) | 351 K | (4.3 M) | (2.4 M) | (4.6 M) | (4.4 M) | (7 M) | (12.4 M) | (14.3 M) | (12.8 M) | (15.9 M) | (7.7 M) | (8.3 M) | (6.7 M) | (6 M) | (6.3 M) |
| OPTT | (820.2 K) | (15.1 M) | (14.7 M) | (11 M) | (13.1 M) | (13.1 M) | (9.5 M) | (10.2 M) | (12.2 M) | (10.4 M) | (15.8 M) | (18.9 M) | (26.3 M) | (27.5 M) | (21.5 M) | (19.4 M) | (20.3 M) |
| HQI | (115.9 K) | 853.9 K | 1.6 M | 2.9 M | 9.1 M | 1.7 M | 759.3 K | 1.7 M | 974.3 K | (290 K) | 5.4 M | 11.8 M | 12.5 M | 6.1 M | 3.7 M | 4.2 M | 4.4 M |
| CBAT | (5 M) | (24.5 M) | (65.8 M) | (116 M) | 37.8 M | 15.9 M | (12.7 M) | (21.5 M) | (1.9 M) | (10.8 M) | (7.8 M) | 61.5 M | (9.4 M) | (2.4 M) | 11.8 M | 13.6 M | 14.2 M |
| SDST | (5 K) | (5 K) | (5 K) | (5 K) | (5 K) | (5 K) | (5 K) | (5 K) | (5 K) | (5 K) | (5 K) | 4.7 M | 15.1 M | (3.8 M) | (23.8 M) | (21.4 M) | (20.3 M) |
| GWH | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (11.5 M) | (30.4 M) | (477.1 M) | (78 M) | (77.6 M) | (86.2 M) | (77.6 M) | (81.5 M) |
| SPAI | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (507.6 K) | (6.3 M) | (7.4 M) | (6.7 M) | (7 M) |
| GIFI | 12.2 M | (1.8 M) | (4.1 M) | 7.2 M | 15.3 M | (25.4 M) | 3.5 M | (44.8 M) | (20.4 M) | (49.4 M) | (27.4 M) | (22.2 M) | (3.4 M) | (24.4 M) | 14.7 M | 13.3 M | 13.9 M |
Ultralife and related stocks such as Espey Mfg Electronics, Flux Power Holdings, and Ocean Power Technologies Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ultralife financial statement analysis. It represents the amount of money remaining after all of Ultralife operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ultralife Competitive Analysis
The better you understand Ultralife competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ultralife'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 Ultralife'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 |
Ultralife Competition Performance Charts
Five steps to successful analysis of Ultralife Competition
Ultralife'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 Ultralife in relation to its competition. Ultralife's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ultralife 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 Ultralife's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ultralife, 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 Ultralife Correlation with its peers. For more detail on how to invest in Ultralife Stock please use our How to Invest in Ultralife guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is there potential for Electrical Components & Equipment market expansion? Will Ultralife introduce new products? Factors like these will boost the valuation of Ultralife. If investors know Ultralife will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Ultralife listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share 0.1 | Revenue Per Share | Quarterly Revenue Growth 0.215 | Return On Assets |
Ultralife's market price often diverges from its book value, the accounting figure shown on Ultralife's balance sheet. Smart investors calculate Ultralife's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Ultralife's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Ultralife's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultralife is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultralife'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.