Via Competitors

Delisted . USA . 
Stock . Via Renewables
VIADelisted Stock  USD 7.86  0.14  1.75%   
Via Renewables competes with Entergy Texas, Centrais Electricas, IDACORP, MGE Energy, and Hawaiian Electric; as well as few others. The company runs under Electric Utilities sector within Utilities industry. Analyzing Via Renewables 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 Via Renewables to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Via Renewables competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
7.867.867.86
Details
Intrinsic
Valuation
LowRealHigh
7.337.338.65
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Naive
Forecast
LowNextHigh
9.029.029.02
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Band Projection (param)
LowerMiddle BandUpper
4.908.7212.54
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Via Renewables Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Via Renewables and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Via 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 Via Renewables does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
EBR-B
+ 0.99
EBR
MGEE
+ 0.92
IDA
CEPU
+ 0.86
IDA
CEPU
+ 0.86
MGEE
EBR-B
+ 0.57
HE
HE
+ 0.55
EBR
  
High negative correlations   
CEPU
- 0.86
EBR
CEPU
- 0.84
EBR-B
MGEE
- 0.78
EBR
EBR-B
- 0.75
MGEE
IDA
- 0.74
EBR
EBR-B
- 0.7
IDA

Risk-Adjusted Indicators

There is a big difference between Via Stock performing well and Via Renewables 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 Via Renewables' 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.
All Fundamental Data

Via Renewables Competitive Analysis

The better you understand Via Renewables competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Via Renewables' 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 Via Renewables' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
VIA ETI-P EBR IDA MGEE HE ENIC EBR-B KEP CEPU
 1.75 
 7.86 
Via
 0.28 
 24.61 
Entergy
 0.16 
 6.08 
Centrais
 0.09 
 118.91 
IDACORP
 0.01 
 104.14 
MGE
 1.05 
 10.61 
Hawaiian
 3.57 
 2.70 
Enel
 0.74 
 6.72 
Centrais
 0.82 
 8.51 
Korea
 0.29 
 13.89 
Central
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Somewhat reliable
Very steady
Very steady
Somewhat reliable
Moderately volatile
Somewhat reliable
Somewhat reliable
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
OK
Very Weak
Solid
Good
Very Weak
Very Weak
Very Weak
Weak
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Low
Low
Low
Low
Below Average
Below Average
Low
Below Average
Very Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Strong Buy
Buy
Strong Sell
Hold
Strong Buy
Strong Buy
Strong Sell
Hold
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Hold
Strong Hold
Strong Buy
Strong Buy
Strong Sell
Strong Buy
Buy
Cautious Hold
Strong Buy
Current Ratio
3.49
N/A
1.47
1.54
1.03
9.61
0.52
1.48
0.67
2.75
Net Asset
303.93 M
6.26 B
267.06 B
8.48 B
2.68 B
17.24 B
12.09 T
267.06 B
239.71 T
1.4 T
Profit Margin
0.0569
0.14
0.27
0.15
0.18
-0.35
0.16
0.27
0.0401
0.39
EBITDA
60.44 M
357.02 M
14.81 B
506.87 M
276.28 M
620.29 M
1.02 T
14.81 B
9.93 T
259.62 B
Operating Margin
0.23
0.16
0.9
0.26
0.3
-0.27
0.24
0.9
0.13
0.42
Current Valuation
159.5 M
N/A
21.52 B
8.98 B
4.52 B
3.45 B
6.08 B
21.52 B
104.26 B
2.46 B
Price To Book
0.76
N/A
0.65
1.92
3.15
1.15
0.79
0.73
0.42
1.18
Retained Earnings
8.97 M
N/A
11.38 B
2.04 B
707.16 M
926.72 M
2.52 T
11.38 B
11.92 T
608.91 B
Current Asset
4.52 B
N/A
7.44 B
387.83 M
199.58 M
553.92 M
1.2 B
26.7 B
22.03 T
4.58 B
Five Year Return
7.75
N/A
0.66
2.65
2.03
3.33
5.15
N/A
2.88
N/A
Beta
1.33
N/A
0.61
0.6
0.7
0.54
0.72
0.61
0.72
0.65
Number Of Employees
160
658
8.33 K
2.1 K
N/A
3.6 K
1.97 K
8.33 K
N/A
N/A
Shares Outstanding
3.23 M
N/A
1.98 B
53.27 M
36.21 M
172.47 M
1.38 B
273.05 M
1.28 B
150.27 M
Cash Flow From Operations
49.31 M
356.93 M
8.24 B
267.03 M
237.56 M
551.47 M
705.66 B
8.24 B
1.52 T
125.61 B
Annual Yield
N/A
0.0495
0.0129
0.0292
0.0173
N/A
0.0879
0.0527
N/A
0.0661
Total Debt
97 M
2.35 B
63.15 B
2.83 B
780.01 M
4.04 B
3.97 T
63.15 B
137.44 T
335.18 B
Return On Equity
0.42
0.11
0.0867
0.0913
0.1
-0.68
0.17
0.0867
0.0766
0.18
Return On Asset
0.16
0.0273
0.0378
0.0229
0.0354
-0.12
0.0516
0.0378
0.0169
0.0816
Number Of Shares Shorted
29.67 K
N/A
3.56 M
662.59 K
1.71 M
8.44 M
964.05 K
7.68 K
184.61 K
790.83 K
Book Value Per Share
16.45
35.29
53.92
61.38
33.01
9.14
69.25
53.92
55836.52
1166.82
Current Liabilities
3.67 B
N/A
7.1 B
573.16 M
83.89 M
5.29 B
1.2 B
31.38 B
22.71 T
3.71 B
Total Asset
303.93 M
6.26 B
267.06 B
8.48 B
2.68 B
17.24 B
12.09 T
267.06 B
239.71 T
1.4 T
Debt To Equity
0.69
N/A
0.35
0.79
0.63
1.27
1.57
91.0
2.26
0.29
Short Ratio
2.6
N/A
4.62
2.94
21.9
2.57
2.35
0.52
1.87
2.66
Last Dividend Paid
0.91
1.34
1.82
3.32
1.73
0.36
3.98
1.82
N/A
2.27
Target Price
N/A
N/A
9.35
116.63
75.0
10.17
3739.04
13.0
10.0
12.5
Shares Owned By Institutions
18.98
15.36
1.28
85.83
62.52
69.37
4.04
0.66
1.46
4.76
Market Capitalization
79.52 M
N/A
14.17 B
6.33 B
3.77 B
1.81 B
3.89 B
14.17 B
11.02 B
2.08 B
Price To Earning
6.98
6.01
11.21
22.84
24.9
22.25
5.12
-9.48
5.43
10.71
Price To Earnings To Growth
0.48
N/A
N/A
2.35
N/A
6.04
N/A
N/A
N/A
0.27
Price To Sales
0.18
N/A
0.37
3.44
5.77
0.49
8.0E-4
0.37
1.0E-4
0.0041
Net Income
14.97 M
228.82 M
4.88 B
261.89 M
117.7 M
195.95 M
633.46 B
4.88 B
(4.72 T)
148.04 B
Earnings Per Share
4.03
3.9
0.76
5.43
3.27
-11.72
0.58
0.76
2.06
1.13
Shares Owned By Insiders
25.7
N/A
N/A
0.45
0.25
0.21
N/A
N/A
N/A
N/A
Revenue
435.18 M
570.85 M
37.16 B
1.77 B
690.43 M
3.68 B
4.29 T
37.16 B
88.22 T
313.57 B
Working Capital
78.98 M
N/A
20.74 B
369.98 M
81.04 M
8.23 B
(422.95 B)
20.74 B
(31.71 T)
144.65 B
Cash And Equivalents
51.31 M
N/A
10.68 B
177.58 M
10.62 M
199.88 M
311.94 M
1.83 B
2.97 T
36.55 B
Cash Per Share
3.23
N/A
6.98
5.2
0.29
1.46
0.22
1.35
N/A
242.84
Gross Profit
108.6 M
587.89 M
20.7 B
537.51 M
244.47 M
754.24 M
1 T
20.7 B
(29.82 T)
48.07 B
Day Typical Price
7.89
24.6
6.06
119.24
104.59
10.6
2.72
6.75
8.52
13.85
Accumulation Distribution
0.0589
20.38
20966.77
4289.31
3071.73
29585.78
5599.93
209.04
330.08
14325.59
Market Facilitation Index
0.48
0.0
N/A
0.0
0.0
N/A
N/A
0.0
0.0
0.0
Daily Balance Of Power
(0.29)
(0.78)
0.1
0.0887
0.006
0.55
(2.00)
(0.56)
(1.75)
0.0635
Period Momentum Indicator
(0.14)
(0.07)
0.01
0.11
0.01
0.11
(0.10)
(0.05)
(0.07)
0.04
Rate Of Daily Change
0.98
1.0
1.0
1.0
1.0
1.01
0.96
0.99
0.99
1.0
Day Median Price
7.91
24.6
6.05
119.4
104.82
10.59
2.73
6.77
8.53
13.83
Price Action Indicator
(0.12)
(0.02)
0.035
(0.44)
(0.67)
0.075
(0.07)
(0.07)
(0.06)
0.085
Coefficient Of Variation
(580.36)
808.28
(543.14)
430.2
517.7
(3,402)
8501.19
(640.49)
1602.04
374.35
Mean Deviation
4.27
0.534
1.32
0.8034
1.08
2.43
1.4
1.39
1.66
1.87
Jensen Alpha
(1.16)
0.0811
(0.36)
0.1914
0.1737
(0.07)
(0.05)
(0.35)
0.1149
0.6013
Total Risk Alpha
(1.89)
(0.01)
(0.56)
0.0931
0.089
(0.55)
(0.22)
(0.54)
(0.16)
0.3231
Sortino Ratio
N/A
(0.02)
N/A
0.1787
0.1716
N/A
(0.05)
N/A
0.0141
0.2341
Downside Variance
N/A
0.5636
N/A
0.4915
1.3
N/A
3.33
N/A
4.93
5.35
Standard Deviation
6.21
0.7427
1.76
1.01
1.58
3.38
1.77
1.84
2.26
2.44
Kurtosis
4.56
0.9005
0.8582
0.5279
5.32
0.9347
(0.15)
2.34
2.03
0.1396
Potential Upside
8.53
1.49
2.79
2.29
2.95
5.35
3.4
2.34
4.16
4.46
Treynor Ratio
(1.39)
10.77
(1.46)
0.6698
0.2419
0.2771
0.0185
(0.56)
0.8175
1.61
Maximum Drawdown
27.75
3.43
9.56
4.12
9.44
17.19
7.97
12.18
11.77
11.02
Variance
38.59
0.5516
3.11
1.02
2.49
11.4
3.13
3.4
5.09
5.94
Market Risk Adjusted Performance
(1.38)
10.78
(1.45)
0.6798
0.2519
0.2871
0.0285
(0.55)
0.8275
1.62
Risk Adjusted Performance
(0.12)
0.0941
(0.13)
0.1797
0.1525
(0.01)
0.0147
(0.11)
0.0542
0.2106
Skewness
(1.30)
0.0885
(0.12)
0.7342
1.68
(0.40)
0.1265
(0.41)
(0.37)
(0.01)
Semi Deviation
N/A
0.5356
N/A
0.4321
0.8482
N/A
1.68
N/A
2.05
1.79
Information Ratio
(0.19)
(0.02)
(0.25)
0.1241
0.1238
(0.06)
(0.05)
(0.22)
0.0139
0.2222
Value At Risk
(11.17)
(1.01)
(3.29)
(1.08)
(1.77)
(6.30)
(2.68)
(2.48)
(3.00)
(2.97)
Expected Short fall
N/A
(0.64)
N/A
(1.05)
(1.27)
N/A
(1.51)
N/A
(1.85)
(2.09)
Downside Deviation
N/A
0.7508
N/A
0.7011
1.14
N/A
1.83
N/A
2.22
2.31
Semi Variance
N/A
0.2869
N/A
0.1867
0.7195
N/A
2.82
N/A
4.22
3.21

Via Renewables Competition Performance Charts

Five steps to successful analysis of Via Renewables Competition

Via Renewables' 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 Via Renewables in relation to its competition. Via Renewables' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Via Renewables 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 Via Renewables' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Via Renewables, 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 Via Renewables position

In addition to having Via Renewables 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.

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You can also try the Stocks Directory module to find actively traded stocks across global markets.

Other Consideration for investing in Via Stock

If you are still planning to invest in Via Renewables check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Via Renewables' history and understand the potential risks before investing.
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