Avance Competitors

AVACF Stock

USD 6.75 0.08 1.17%

Avance Gas Holding competes with GasLog Partners, GasLog Partners, NGL Energy, Kinder Morgan, and ONEOK; as well as few others. The company classifies itself under Energy sector and is part of Oil & Gas Midstream industry. Analyzing Avance Gas 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 Avance Gas to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Avance Gas Correlation with its peers.

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 Avance Gas competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avance Gas' 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

Low	Estimated	High
1.51	6.75	11.99

Details

Intrinsic

Valuation

Low	Real	High
0.70	5.94	11.18

Details

Avance Gas Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Avance Gas and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Avance 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 Avance Gas Holding does not affect the price movement of the other competitor.

	GLOP-PC	GLOP-PB	NGL-PC	SEAL-PA	KMI	OKE	MPLX	EPD
GLOP-PC		0.71	0.79	0.49	0.56	0.44	0.69	0.67	GLOP-PC
GLOP-PB	0.71		0.8	0.56	0.56	0.38	0.61	0.6	GLOP-PB
NGL-PC	0.79	0.8		0.43	0.57	0.47	0.76	0.75	NGL-PC
SEAL-PA	0.49	0.56	0.43		0.62	0.41	0.48	0.49	SEAL-PA
KMI	0.56	0.56	0.57	0.62		0.93	0.85	0.86	KMI
OKE	0.44	0.38	0.47	0.41	0.93		0.86	0.88	OKE
MPLX	0.69	0.61	0.76	0.48	0.85	0.86		0.99	MPLX
EPD	0.67	0.6	0.75	0.49	0.86	0.88	0.99		EPD
	GLOP-PC	GLOP-PB	NGL-PC	SEAL-PA	KMI	OKE	MPLX	EPD

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Risk-Adjusted Indicators

There is a big difference between Avance Pink Sheet performing well and Avance Gas 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 Avance Gas' 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
GLOP-PC	0.37	0.01	(0.03)	(0.54)	0.77	(0.39)	0.72	(0.81)	8.40
GLOP-PB	0.30	0.02	(0.05)	1.06	0.31	(0.34)	0.76	(0.52)	2.32
NGL-PC	0.45	0.04	(0.01)	(0.30)	0.50	(0.54)	1.04	(0.86)	3.93
SEAL-PA	0.32	0.04	(0.02)	(0.42)	0.40	(0.36)	0.82	(0.66)	3.97
KMI	1.10	0.32	0.24	2.02	0.92	(1.39)	2.29	(2.25)	9.57
OKE	1.34	0.10	0.03	0.28	1.97	(1.28)	2.90	(3.56)	8.37
MPLX	0.93	0.10	0.06	0.33	0.94	(1.04)	2.34	(1.69)	5.25
EPD	0.79	0.10	0.06	0.74	0.92	(0.79)	1.76	(1.51)	5.09

Unable to evaluate fundamental data of [GLOP-PC, GLOP-PB, NGL-PC, SEAL-PA, KMI, OKE, MPLX, EPD] at this time. Please try again later

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Avance Gas Competitive Analysis

The better you understand Avance Gas competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Avance Gas' 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 Avance Gas' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	AVACF	GLOP-PC	GLOP-PB	NGL-PC	SEAL-PA	KMI	OKE	MPLX	EPD
	1.17 6.75 Avance	0.99 25.06 GasLog	0.82 25.31 GasLog	0.25 23.94 NGL	0.94 25.84 Seapeak	0.29 27.25 Kinder	0.92 101.25 ONEOK	1.69 47.64 MPLX	1.11 31.14 Enterprise
Market Volatility (90 Days Market Risk)	Relatively risky	Very steady	Very steady	Very steady	Unknown risk	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Weak	Modest	Modest	Insignificant	Solid	OK	OK	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Average	About Average	Average	Unknown	Below Average	Below Average	Very Low	Below Average
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Buy	Buy	Buy	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Sell	Hold	Strong Sell	Strong Sell	Strong Buy	Hold	Strong Buy	Strong Hold
Current Ratio	4.6	0.27	0.73	1.1		0.62	0.83	0.78	0.86
Net Asset	955.38 M	2.02 B	2.02 B	6.07 B		71.02 B	44.27 B	36.53 B	70.98 B
Profit Margin	0.26	0.32	0.32	0.0061		0.17	0.14	0.39	0.1
EBITDA	94.79 M	254.12 M	254.12 M	377.1 M		6.51 B	5.11 B	6.11 B	9.05 B
Operating Margin	0.29	0.5	0.5	0.0335		0.27	0.23	0.4	0.12
Current Valuation	827.15 M	2.74 B	2.68 B	6.37 B		92.53 B	87.26 B	69.79 B	98.73 B
Price To Book	0.92	N/A	N/A	N/A		2.0	3.54	3.59	2.41
Retained Earnings	(48 M)	N/A	N/A	N/A		(10.69 B)	868 M	(12.46 B)	(49 M)
Current Asset	128 M	N/A	N/A	N/A		2.82 B	975.21 M	576 M	4.3 B
Five Year Return	N/A	N/A	N/A	N/A		5.34	6.81	9.83	7.48
Beta	1.44	2.44	2.44	1.9		0.91	1.63	1.34	1.01
Number Of Employees	18	5	5	842		10.89 K	4.78 K	N/A	N/A
Shares Outstanding	76.6 M	46.11 M	46.11 M	123.74 M		2.22 B	584.25 M	1.02 B	2.17 B
Cash Flow From Operations	72.6 M	277.74 M	277.74 M	205.85 M		6.49 B	4.42 B	5.4 B	7.57 B
Annual Yield	0.12	0.0889	0.0834	0.21		0.0428	0.0396	0.0809	0.0678
Total Debt	269.75 M	831.59 M	831.59 M	3.35 B		32.12 B	21.76 B	20.91 B	29.07 B
Return On Equity	0.11	0.13	0.13	0.0425		0.0835	0.17	0.32	0.21
Z Score	0.6	0.6	0.6	1.0		N/A	N/A	N/A	N/A
Return On Asset	0.0433	0.0563	0.0563	0.032		0.0385	0.06	0.074	0.0597
Book Value Per Share	7.61	12.92	12.92	3.71		13.69	28.91	13.17	13.08
Number Of Shares Shorted	N/A	762	11.56 K	7.54 K		41.99 M	15.38 M	11.42 M	22.93 M
Current Liabilities	52 M	N/A	N/A	N/A		4.07 B	1.64 B	625 M	7.17 B
Total Asset	955.38 M	2.02 B	2.02 B	6.07 B		71.02 B	44.27 B	36.53 B	70.98 B
Debt To Equity	0.86	1.4	124.3	1.58		1.0	2.27	1.51	1.08
Last Dividend Paid	0.65	0.04	0.04	N/A		1.15	3.96	3.51	2.08
Short Ratio	N/A	0.14	1.42	0.74		2.94	4.27	5.23	4.97
Target Price	N/A	N/A	N/A	N/A		26.53	110.65	51.25	34.95
Shares Owned By Institutions	1.46	N/A	5.37	1.2		67.24	71.64	25.3	25.99
Market Capitalization	507.09 M	988.36 M	1.05 B	1.36 B		60.54 B	59.16 B	49.37 B	68.26 B
Price To Earning	6.32	19.38	18.12	12.64		23.51	25.37	8.94	10.71
Price To Earnings To Growth	N/A	N/A	N/A	N/A		2.0	2.65	2.3	3.05
Price To Sales	2.24	2.81	2.93	0.0717		4.0	2.97	4.47	1.21
Net Income	32.11 M	118.99 M	118.99 M	(184.76 M)		2.49 B	2.66 B	3.93 B	5.66 B
Earnings Per Share	0.83	-0.44	-0.44	-2.22		1.13	4.72	4.24	2.66
Shares Owned By Insiders	83.66	N/A	N/A	N/A		12.79	0.21	63.74	32.79
Revenue	210.68 M	371.03 M	371.03 M	7.95 B		15.33 B	17.68 B	10.68 B	49.72 B
Working Capital	76 M	N/A	N/A	N/A		(4.68 B)	(344 M)	184 M	(883 M)
Cash And Equivalents	200.32 M	72.21 M	89.4 M	26.4 M		745 M	220.23 M	121 M	76 M
Cash Per Share	2.62	1.44	1.75	0.2		0.23	0.36	0.12	0.08
Gross Profit	100.89 M	291.92 M	291.92 M	808.6 M		7.29 B	4.48 B	6.12 B	6.72 B
Day Typical Price	6.74	25.1	25.35	23.91	25.75	27.21	101.35	47.88	31.23
Accumulation Distribution	1431.34	158.64	11.0	10.08	27.28	56896.62	24539.04	27192.95	44435.11
Market Facilitation Index	0.0	0.0	1.0E-4	1.0E-4	1.0E-4	N/A	0.0	0.0	N/A
Daily Balance Of Power	(0.27)	(1.00)	(1.40)	0.3333	0.9231	(0.42)	(0.74)	(0.73)	(0.62)
Period Momentum Indicator	(0.08)	(0.25)	(0.21)	0.06	0.24	(0.08)	(0.94)	(0.82)	(0.35)
Rate Of Daily Change	0.99	0.99	0.99	1.0	1.01	1.0	0.99	0.98	0.99
Day Median Price	6.74	25.13	25.38	23.89	25.71	27.2	101.41	48.0	31.28
Price Action Indicator	(0.03)	(0.19)	(0.17)	0.08	0.25	0.015	(0.62)	(0.77)	(0.31)
Coefficient Of Variation	(1,255)	3502.37	1232.0	1343.69	1104.36	447.02	1456.22	968.27	911.7
Mean Deviation	2.74	0.3671	0.2965	0.4459	0.3163	1.1	1.34	0.925	0.791
Jensen Alpha	(0.45)	0.0144	0.0232	0.0422	0.0382	0.3217	0.0972	0.0967	0.0982
Total Risk Alpha	(0.70)	(0.03)	0.0012	0.0026	0.0078	0.2462	0.0158	0.0474	0.0475
Sortino Ratio	N/A	(0.03)	(0.05)	(0.01)	(0.02)	0.2417	0.0333	0.062	0.055
Downside Variance	N/A	0.861	0.1645	0.3514	0.2678	1.39	4.64	1.21	1.23
Standard Deviation	5.14	0.8188	0.4209	0.6306	0.4928	1.51	1.82	1.18	1.04
Kurtosis	30.7	20.8	1.66	2.77	6.89	4.04	1.56	(0.15)	0.1526
Potential Upside	4.71	0.7189	0.7631	1.04	0.8171	2.29	2.9	2.34	1.76
Treynor Ratio	(0.60)	(0.54)	1.06	(0.30)	(0.42)	2.02	0.2802	0.326	0.7383
Maximum Drawdown	42.23	8.4	2.32	3.93	3.97	9.57	8.37	5.25	5.09
Variance	26.39	0.6704	0.1772	0.3976	0.2429	2.29	3.31	1.38	1.09
Market Risk Adjusted Performance	(0.59)	(0.53)	1.07	(0.29)	(0.41)	2.03	0.2902	0.336	0.7483
Risk Adjusted Performance	(0.05)	0.023	0.0556	0.0565	0.0658	0.1824	0.0602	0.0853	0.0895
Skewness	(4.58)	0.6606	0.6194	0.204	0.317	0.9396	(0.89)	0.1439	(0.09)
Semi Deviation	N/A	0.7712	0.3072	0.5044	0.3962	0.9238	1.97	0.9375	0.9192
Information Ratio	(0.09)	(0.04)	(0.05)	(0.01)	(0.02)	0.1885	0.0394	0.058	0.0586
Value At Risk	(4.54)	(0.81)	(0.52)	(0.86)	(0.66)	(2.25)	(3.56)	(1.69)	(1.51)
Expected Short fall	N/A	(0.39)	(0.34)	(0.54)	(0.36)	(1.39)	(1.28)	(1.04)	(0.79)
Downside Deviation	N/A	0.9279	0.4056	0.5928	0.5175	1.18	2.15	1.1	1.11
Semi Variance	N/A	0.5947	0.0944	0.2544	0.157	0.8533	3.89	0.8788	0.8448

Avance Gas Competition Performance Charts

Five steps to successful analysis of Avance Gas Competition

Avance Gas' 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 Avance Gas Holding in relation to its competition. Avance Gas' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Avance Gas 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 Avance Gas' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Avance Gas Holding, 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.

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Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.

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Other Information on Investing in Avance Pink Sheet

Avance Gas financial ratios help investors to determine whether Avance Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Avance with respect to the benefits of owning Avance Gas security.

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