Hoegh Competitors

Summary

Hoegh LNG Partners competes with Weibo Corp, Playa Hotels, Gentex, Marine Products, and ANTA Sports; as well as few others. The company classifies itself under Energy sector and is part of Oil & Gas Related Equipment and Services industry. Analyzing Hoegh LNG 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 Hoegh LNG to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Risk vs Return Analysis 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 american community survey.

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 Hoegh LNG competition on your existing holdings.

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Hoegh LNG Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hoegh LNG 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 Hoegh 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 Hoegh LNG Partners does not affect the price movement of the other competitor.

	WB	PLYA	GNTX	MPX	ANPDY	PLNT
WB		0.25	-0.48	-0.13	0.69	-0.29	WB
PLYA	0.25		-0.84	-0.72	0.44	-0.12	PLYA
GNTX	-0.48	-0.84		0.72	-0.58	0.27	GNTX
MPX	-0.13	-0.72	0.72		-0.46	0.51	MPX
ANPDY	0.69	0.44	-0.58	-0.46		-0.45	ANPDY
PLNT	-0.29	-0.12	0.27	0.51	-0.45		PLNT
	WB	PLYA	GNTX	MPX	ANPDY	PLNT

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High positive correlations

MPX	+ 0.72	GNTX
ANPDY	+ 0.69	WB
PLNT	+ 0.51	MPX
ANPDY	+ 0.44	PLYA
PLNT	+ 0.27	GNTX
PLYA	+ 0.25	WB

High negative correlations

GNTX	- 0.84	PLYA
MPX	- 0.72	PLYA
ANPDY	- 0.58	GNTX
GNTX	- 0.48	WB
ANPDY	- 0.46	MPX
PLNT	- 0.45	ANPDY

Risk-Adjusted Indicators

There is a big difference between Hoegh Pink Sheet performing well and Hoegh LNG 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 Hoegh LNG'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
WB	2.27	0.13	0.09	(2.65)	2.64	(2.29)	5.09	(4.94)	13.46
PLYA	1.33	0.55	0.43	0.62	0.72	(1.77)	2.32	(1.84)	31.78
GNTX	1.25	(0.22)	0.00	(0.46)	0.00	0.00	2.48	(2.29)	11.26
MPX	1.53	(0.08)	0.00	(0.22)	0.00	0.00	3.06	(3.26)	12.51
ANPDY	1.82	0.36	0.17	2.15	2.34	(1.84)	3.16	(3.78)	16.61
PLNT	1.50	0.00	0.00	(0.12)	0.00	0.00	3.05	(2.80)	12.63

Unable to evaluate fundamental data of [WB, PLYA, GNTX, MPX, ANPDY, PLNT] at this time. Please try again later

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Hoegh LNG Competitive Analysis

The better you understand Hoegh LNG competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hoegh LNG'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 Hoegh LNG'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

	WB	PLYA	GNTX	MPX	ANPDY	PLNT
	1.34 10.56 Weibo	0.08 13.31 Playa	1.89 24.31 Gentex	0.47 8.40 Marine	5.07 307.11 ANTA	2.42 95.51 Planet
Market Volatility (90 Days Market Risk)	Somewhat reliable	Somewhat reliable	Very steady	Somewhat reliable	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	OK	Very Weak	Very Weak	Good	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Very Small	Very Low	Very Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Under Valued	Fairly Valued	Over Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Buy	Buy	Hold	Not Available	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Buy	Strong Hold	Strong Hold	Strong Hold	Buy
Current Ratio	2.25 X	4.08 X	3.47 X	4.06 X	1.66 X	1.99 X
Net Asset	7.28 B	1.82 B	2.76 B	171.25 M	62.67 B	3.07 B
Profit Margin	0.17 %	0.08 %	0.17 %	0.07 %	0.14 %	0.16 %
EBITDA	714.45 M	249.71 M	563.31 M	20.91 M	14.45 B	507.11 M
Operating Margin	0.26 %	0.16 %	0.18 %	0.07 %	0.21 %	0.28 %
Current Valuation	2.13 B	2.53 B	5.17 B	241.3 M	32.97 B	10.03 B
Price To Book	0.74 X	3.40 X	2.20 X	2.28 X	7.45 X	N/A
Retained Earnings	2.19 B	(345.32 M)	1.45 B	125.53 M	N/A	(822.16 M)
Current Asset	498.4 M	N/A	618.99 M	52.64 M	N/A	72.94 M
Five Year Return	N/A	N/A	1.71 %	3.01 %	1.26 %	N/A
Beta	0.28	1.45	0.9	1.21	0.89	1.54
Number Of Employees	N/A	13 K	6.18 K	617	57 K	4.17 K
Shares Outstanding	155.49 M	122.99 M	227.2 M	34.71 M	108.55 M	84.33 M
Cash Flow From Operations	672.82 M	113.12 M	498.21 M	29.53 M	11.86 B	343.87 M
Annual Yield	0.08 %	N/A	0.02 %	0.06 %	0.01 %	N/A
Total Debt	2.71 B	1.08 B	288.72 M	42.24 M	11.43 B	427.82 M
Return On Equity	0.0874	0.14	0.17	0.14	0.25	N/A
Z Score	N/A	N/A	N/A	N/A	1.8	N/A
Return On Asset	0.0448	0.0513	0.11	0.0694	0.11	0.0677
Number Of Shares Shorted	17.44 M	13.86 M	6.08 M	356.95 K	N/A	5.76 M
Book Value Per Share	14.63 X	3.96 X	10.86 X	3.71 X	291.60 X	(2.55) X
Current Liabilities	208.78 M	N/A	58.09 M	13.8 M	N/A	66.25 M
Total Asset	7.28 B	1.82 B	2.76 B	171.25 M	62.67 B	3.07 B
Debt To Equity	0.69 %	1.56 %	0 %	0 %	0.55 %	(45.53) %
Short Ratio	10.26 X	2.77 X	2.47 X	11.55 X	N/A	3.25 X
Target Price	11.34	13.36	31.88	8.0	N/A	108.16
Last Dividend Paid	N/A	N/A	0.48	0.56	1.07	N/A
Shares Owned By Institutions	38.88 %	79.13 %	99.60 %	15.11 %	0.01 %	99.56 %
Market Capitalization	2.62 B	1.64 B	5.52 B	345.05 M	38.37 B	8.09 B
Price To Earning	9.55 X	16.08 X	19.08 X	16.93 X	40.28 X	85.60 X
Price To Earnings To Growth	4.85 X	N/A	0.81 X	2.44 X	1.18 X	1.69 X
Price To Sales	1.49 X	1.76 X	2.39 X	1.24 X	0.65 X	7.33 X
Net Income	357.5 M	73.81 M	404.49 M	17.85 M	7.72 B	174.24 M
Earnings Per Share	1.16 X	0.56 X	1.76 X	0.53 X	9.97 X	2.00 X
Shares Owned By Insiders	6.13 %	29.78 %	0.28 %	75.20 %	N/A	0.43 %
Revenue	1.76 B	938.57 M	2.31 B	236.56 M	49.33 B	1.18 B
Working Capital	2.72 B	190.55 M	784.64 M	91.07 M	N/A	305.52 M
Cash And Equivalents	3.02 B	348.8 M	281.36 M	43.17 M	26.34 B	383.51 M
Cash Per Share	12.81 X	2.10 X	1.20 X	0.79 X	242.65 X	4.55 X
Gross Profit	1.39 B	435.93 M	771.09 M	93.72 M	30.4 B	658.24 M
Day Typical Price	10.57	13.32	24.21	8.4	305.77	95.45
Accumulation Distribution	0.0353	0.0037	0.0193	0.0235	0.0229	0.0357
Market Facilitation Index	0.38	0.05	0.47	0.2	7.06	3.47
Daily Balance Of Power	0.3684	(0.20)	0.9574	(0.20)	(2.32)	0.6513
Period Momentum Indicator	0.14	(0.01)	0.45	(0.04)	(16.39)	2.26
Rate Of Daily Change	1.01	1.0	1.02	1.0	0.95	1.02
Day Median Price	10.57	13.33	24.17	8.4	305.1	95.43
Price Action Indicator	0.06	(0.02)	0.37	(0.02)	(6.18)	1.22
Coefficient Of Variation	1900.84	773.51	(620.44)	(1,408)	720.23	(4,448)
Mean Deviation	2.27	1.33	1.25	1.53	1.82	1.5
Jensen Alpha	0.1342	0.5506	(0.22)	(0.08)	0.3574	(0)
Total Risk Alpha	0.497	0.9324	(0.07)	0.1034	0.6559	0.2017
Sortino Ratio	0.0888	0.4325	N/A	N/A	0.1716	N/A
Downside Variance	7.87	1.78	N/A	N/A	6.85	N/A
Standard Deviation	2.85	3.7	1.76	2.09	2.52	2.06
Kurtosis	(0.15)	52.4	5.36	1.76	4.58	4.82
Potential Upside	5.09	2.32	2.48	3.06	3.16	3.05
Treynor Ratio	(2.65)	0.6236	(0.46)	(0.22)	2.15	(0.12)
Maximum Drawdown	13.46	31.78	11.26	12.51	16.61	12.63
Variance	8.13	13.71	3.1	4.38	6.36	4.24
Market Risk Adjusted Performance	(2.64)	0.6336	(0.45)	(0.21)	2.16	(0.11)
Risk Adjusted Performance	0.0527	0.1202	(0.14)	(0.06)	0.1274	(0.01)
Skewness	0.2171	6.83	(1.33)	0.1213	0.7512	(1.34)
Semi Deviation	2.64	0.7168	N/A	N/A	2.34	N/A
Information Ratio	0.0874	0.156	(0.10)	(0.02)	0.1781	0.0256
Value At Risk	(4.94)	(1.84)	(2.29)	(3.26)	(3.78)	(2.80)
Expected Short fall	(2.29)	(1.77)	N/A	N/A	(1.84)	N/A
Downside Deviation	2.8	1.34	N/A	N/A	2.62	N/A
Semi Variance	6.97	0.5138	N/A	N/A	5.48	N/A

Hoegh LNG Competition Performance Charts

Five steps to successful analysis of Hoegh LNG Competition

Hoegh LNG'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 Hoegh LNG Partners in relation to its competition. Hoegh LNG's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Hoegh LNG 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 Hoegh LNG's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hoegh LNG Partners, 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 Hoegh LNG position

In addition to having Hoegh LNG 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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Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 46 constituents at this time.

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Check out Risk vs Return Analysis 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 american community survey.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Consideration for investing in Hoegh Pink Sheet

If you are still planning to invest in Hoegh LNG Partners 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 Hoegh LNG's history and understand the potential risks before investing.

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