White Competitors
White River Energy competes with PetroShale, Enwell Energy, Gulf Keystone, Inpex Corp, and Coelacanth Energy; as well as few others. The company conducts business under Energy sector and is part of Oil & Gas Drilling industry. Analyzing White River 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 White River to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out White River 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 White River competition on your existing holdings.
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White River Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between White River and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of White 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 White River 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 White OTC Stock performing well and White River OTC Stock 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 White River'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VLERF | 2.99 | 0.69 | 0.21 | 2.80 | 2.83 | 6.23 | 21.15 | |||
| PSHIF | 1.26 | (0.23) | 0.00 | (0.57) | 0.00 | 3.57 | 16.52 | |||
| SHASF | 3.38 | 1.08 | 0.00 | 0.91 | 0.00 | 14.29 | 32.50 | |||
| HPMCF | 2.31 | (0.10) | 0.00 | 0.17 | 0.00 | 7.14 | 40.48 | |||
| SDTTU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RGPMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GUKYF | 2.12 | 0.33 | 0.09 | (0.41) | 2.01 | 5.70 | 27.76 | |||
| IPXHY | 1.20 | (0.13) | 0.00 | 30.39 | 0.00 | 2.19 | 6.66 | |||
| CEIEF | 1.14 | 0.04 | 0.01 | (0.27) | 1.46 | 5.36 | 14.89 | |||
| MEOAF | 3.79 | (1.96) | 0.00 | 2.43 | 0.00 | 0.00 | 83.33 |
White River Competitive Analysis
The better you understand White River competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, White River'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 White River'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 |
White River Competition Performance Charts
Five steps to successful analysis of White River Competition
White River'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 White River Energy in relation to its competition. White River's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of White River 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 White River's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to White River 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 White River position
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Additional Tools for White OTC Stock Analysis
When running White River's price analysis, check to measure White River's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy White River is operating at the current time. Most of White River's value examination focuses on studying past and present price action to predict the probability of White River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move White River's price. Additionally, you may evaluate how the addition of White River to your portfolios can decrease your overall portfolio volatility.