Ring Competitors
| KWE1 Stock | EUR 1.21 0.01 0.83% |
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 Ring Energy competition on your existing holdings.
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Ring Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ring Energy 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 Ring 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 Ring Energy does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Ring Stock performing well and Ring Energy 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 Ring Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BW8 | 1.44 | 0.10 | 0.03 | 0.37 | 2.16 | 3.88 | 14.41 | |||
| INW | 1.38 | 0.05 | 0.03 | 0.07 | 1.82 | 5.34 | 14.31 | |||
| 0GS | 1.63 | 0.03 | 0.01 | 0.19 | 3.40 | 2.77 | 18.40 | |||
| BSS | 1.08 | 0.02 | 0.01 | 0.02 | 1.52 | 2.68 | 12.73 | |||
| ITB | 0.60 | 0.17 | 0.21 | 1.07 | 0.59 | 1.30 | 3.78 | |||
| AP3 | 0.88 | (0.07) | 0.00 | (0.41) | 0.00 | 2.00 | 9.36 | |||
| 4QVA | 1.21 | 0.29 | 0.00 | (1.00) | 0.00 | 4.55 | 30.92 | |||
| JATA | 0.76 | (0.18) | 0.00 | 0.99 | 0.00 | 1.65 | 5.72 |
Ring Energy Competitive Analysis
The better you understand Ring Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ring Energy'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 Ring Energy'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 |
Ring Energy Competition Performance Charts
Five steps to successful analysis of Ring Energy Competition
Ring Energy'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 Ring Energy in relation to its competition. Ring Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ring Energy 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 Ring Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ring Energy, 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.
Complement your Ring Energy position
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Additional Information and Resources on Investing in Ring Stock
When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:Check out Ring Energy Correlation with its peers. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.