Lightning Competitors

Summary

Lightning EMotors competes with Wabash National, Titan International, Xos, Nikola Corp, and Hydrofarm Holdings; as well as few others. The company runs under Machinery sector within Industrials industry. Analyzing Lightning EMotors 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 Lightning EMotors to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Your Current Watchlist 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 income.

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 Lightning EMotors 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 Lightning EMotors' 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.

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Prediction

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Intrinsic

Valuation

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Lightning EMotors Competition Correlation Matrix

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

	LEV	HIPH	WNC	TWI	XOS	NKLA	IDEX	HYFM	DE	CAT
LEV		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	LEV
HIPH	0.0		0.15	0.08	-0.22	0.16	-0.19	0.19	0.18	0.61	HIPH
WNC	0.0	0.15		-0.58	-0.37	0.95	0.45	0.72	-0.71	0.74	WNC
TWI	0.0	0.08	-0.58		0.22	-0.62	-0.49	-0.23	0.9	-0.16	TWI
XOS	0.0	-0.22	-0.37	0.22		-0.36	-0.21	-0.27	0.3	-0.44	XOS
NKLA	0.0	0.16	0.95	-0.62	-0.36		0.34	0.78	-0.73	0.72	NKLA
IDEX	0.0	-0.19	0.45	-0.49	-0.21	0.34		0.12	-0.51	0.07	IDEX
HYFM	0.0	0.19	0.72	-0.23	-0.27	0.78	0.12		-0.38	0.64	HYFM
DE	0.0	0.18	-0.71	0.9	0.3	-0.73	-0.51	-0.38		-0.21	DE
CAT	0.0	0.61	0.74	-0.16	-0.44	0.72	0.07	0.64	-0.21		CAT
	LEV	HIPH	WNC	TWI	XOS	NKLA	IDEX	HYFM	DE	CAT

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High positive correlations

NKLA	+ 0.95	WNC
DE	+ 0.9	TWI
HYFM	+ 0.78	NKLA
CAT	+ 0.74	WNC
HYFM	+ 0.72	WNC
CAT	+ 0.72	NKLA

High negative correlations

DE	- 0.73	NKLA
DE	- 0.71	WNC
NKLA	- 0.62	TWI
TWI	- 0.58	WNC
DE	- 0.51	IDEX
IDEX	- 0.49	TWI

Risk-Adjusted Indicators

There is a big difference between Lightning Stock performing well and Lightning EMotors 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 Lightning EMotors' 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
LEV	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HIPH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WNC	2.23	(0.74)	0.00	(1.15)	0.00	0.00	4.28	(5.52)	13.46
TWI	3.18	0.52	0.10	0.17	3.85	(3.78)	6.80	(5.88)	41.41
XOS	4.78	0.32	0.11	(0.56)	4.96	(6.26)	8.05	(8.33)	118.10
NKLA	10.05	(2.66)	0.00	(1.60)	0.00	0.00	24.03	(30.77)	81.55
IDEX	550.29	325.79	4.95	3.29	71.67	(706.66)	800.00	(92.00)	16,626
HYFM	3.51	(0.81)	0.00	(1.18)	0.00	0.00	6.90	(6.95)	39.43
DE	1.38	0.18	0.13	0.10	1.53	(1.46)	3.48	(2.65)	8.33
CAT	1.22	(0.11)	0.00	(0.26)	0.00	0.00	2.72	(3.10)	8.22

Unable to evaluate fundamental data of [LEV, HIPH, WNC, TWI, XOS, NKLA, IDEX, HYFM, DE, CAT, SHYF, MTW, OSK, TEX] at this time. Please try again later

All Fundamental Data

Lightning EMotors Competitive Analysis

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

Better Than Average

Worse Than Peers

View Performance Chart

	WNC	TWI	XOS	NKLA	IDEX	HYFM	DE	CAT	SHYF	MTW
	2.79 11.06 Wabash	4.18 8.22 Titan	8.19 3.83 Xos	15.38 0.11 Nikola	175.00 0.06 Ideanomics	0.87 3.42 Hydrofarm	2.23 477.50 Deere	1.90 339.64 Caterpillar	4.08 9.19 Shyft	2.59 9.51 Manitowoc
Market Volatility (90 Days Market Risk)	Not too volatile	Somewhat reliable	Dangerous	Out of control	Out of control	Dangerous	Very steady	Very steady	Slightly risky	Somewhat reliable
Market Performance (90 Days Performance)	Very Weak	Weak	Insignificant	Very Weak	Very Strong	Very Weak	Modest	Very Weak	Very Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	Below Average	Very High	Very High	Dangerous	Very High	Very Small	Very Small	Below Average	Very Low
Current Valuation (Equity Enterprise Value)	Under Valued	Under Valued	Under Valued	Over Valued	Over Valued	Over Valued	Under Valued	Under Valued	Over Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Buy	Strong Buy	Buy	Not Available	Not Available	Hold	Buy	Buy	Buy	Hold
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Hold	Strong Sell	Strong Sell	Not Rated	Cautious Hold	Strong Buy	Strong Hold	Strong Sell	Hold
Current Ratio	1.7	1.91	7.68	1.75	2.74	3.83	1.98	1.41	1.76	1.74
Net Asset	1.41 B	1.58 B	93.68 M	1.27 B	116.88 M	426.1 M	107.32 B	87.76 B	568.75 M	1.66 B
Profit Margin	-0.15	-0.003	-0.72	N/A	N/A	-0.35	0.13	0.17	-0.0036	0.0256
EBITDA	(356.1 M)	105.4 M	(60.09 M)	(736.28 M)	(188.04 M)	(52.18 M)	14.67 B	16.04 B	26.56 M	112.9 M
Operating Margin	0.0075	-0.0736	-0.61	-5.77	-4.5	-0.39	0.11	0.19	-0.0231	0.0297
Current Valuation	764.21 M	1 B	65.28 M	168.4 M	50.35 M	159.33 M	185.96 B	193.12 B	462.76 M	722.27 M
Price To Book	2.49	1.04	0.56	0.0366	0.66	0.0712	5.69	8.29	1.22	0.52
Retained Earnings	105.63 M	164.06 M	(153.26 M)	(3.07 B)	(1.09 B)	(557.46 M)	56.4 B	59.35 B	148.57 M	199.3 M
Current Asset	232.75 M	710 M	N/A	N/A	6.93 M	N/A	12.18 B	34.42 B	N/A	647.16 M
Five Year Return	2.06	0.41	N/A	N/A	N/A	N/A	1.47	2.42	0.63	3.8
Beta	1.63	1.78	1.69	1.97	0.23	2.03	1.02	1.14	1.69	1.84
Number Of Employees	6 K	8.3 K	161	870	295	N/A	35.2 K	112.9 K	2.56 K	4.8 K
Shares Outstanding	42.45 M	63.2 M	8.03 M	84.47 M	11.99 M	4.61 M	271.41 M	477.93 M	34.93 M	35.13 M
Cash Flow From Operations	117.27 M	141.49 M	(39.29 M)	(496.18 M)	(52.66 M)	(324 K)	9.23 B	12.04 B	30.06 M	49.2 M
Annual Yield	0.0297	N/A	N/A	N/A	N/A	N/A	0.0137	0.0167	0.0227	N/A
Total Debt	397.14 M	565.45 M	30.52 M	284.86 M	42.54 M	169.53 M	65.46 B	11.06 B	80.1 M	414.5 M
Return On Equity	-0.77	-0.0075	-0.83	-1.29	-3.24	-0.26	0.28	0.55	-0.0112	0.0898
Z Score	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	-0.16	0.0177	-0.23	-0.31	-0.35	-0.0515	0.0496	0.0968	0.0047	0.0232
Number Of Shares Shorted	2.88 M	4.74 M	446.8 K	19.96 M	1.62 M	141.78 K	4.89 M	10.07 M	385.43 K	559.68 K
Book Value Per Share	4.4	7.86	6.34	6.86	-1.84	48.49	82.82	40.78	7.11	18.22
Current Liabilities	177.7 M	270.1 M	N/A	N/A	6.21 M	N/A	19.24 B	26.3 B	N/A	460.4 M
Total Asset	1.41 B	1.58 B	93.68 M	1.27 B	116.88 M	426.1 M	107.32 B	87.76 B	568.75 M	1.66 B
Debt To Equity	1.23	1.43	0.55	0.54	0.11	0.45	2.55	2.34	0.58	0.64
Short Ratio	2.74	6.16	0.13	1.04	6.16	4.2	3.24	3.84	1.47	1.65
Target Price	18.5	13.0	10.0	18.0	1.0	7.0	492.57	391.13	15.5	12.12
Last Dividend Paid	0.32	N/A	N/A	N/A	N/A	N/A	6.03	5.53	0.2	N/A
Shares Owned By Institutions	96.06	92.63	2.81	37.58	0.13	22.6	83.45	72.57	86.4	77.09
Market Capitalization	456.76 M	498.63 M	28.42 M	15.46 M	42.14 K	15.92 M	126.77 B	159.3 B	308.45 M	325.69 M
Price To Earning	108.81	5.84	8.26	N/A	16.47	6.87	22.06	17.15	15.13	24.38
Price To Earnings To Growth	1.0	-1.21	N/A	-0.1	N/A	-0.03	1.76	1.65	1.33	1.64
Price To Sales	0.23	0.27	0.45	0.2	0.0027	0.0837	2.65	2.46	0.39	0.15
Net Income	(283.07 M)	(3.59 M)	(75.84 M)	(864.62 M)	(194.55 M)	(66.72 M)	7.09 B	10.79 B	(2.79 M)	55.8 M
Earnings Per Share	-6.4	-0.08	-6.56	-12.34	-20.59	-14.51	22.58	22.05	-0.08	1.56
Shares Owned By Insiders	3.94	5.76	59.58	3.19	2.13	21.25	0.2	0.24	8.82	3.33
Revenue	1.95 B	1.85 B	44.52 M	35.84 M	15.46 M	190.29 M	50.52 B	64.81 B	786.18 M	2.18 B
Working Capital	286.08 M	524.68 M	52.12 M	312.31 M	(85.03 M)	60.23 M	39.33 B	13.41 B	115.32 M	484.6 M
Cash And Equivalents	58.24 M	159.58 M	106.37 M	319.94 M	25.19 M	16.49 M	4.77 B	7 B	2.86 M	64.4 M
Cash Per Share	1.7	1.86	0.63	0.67	0.05	0.37	12.74	14.27	0.08	1.21
Gross Profit	265.07 M	247.69 M	9.01 M	(212.48 M)	(2.71 M)	34.08 M	13.68 B	21.09 B	157.19 M	375 M
Day Typical Price	10.99	8.12	3.82	0.11	0.0433	3.44	476.42	339.53	9.12	9.45
Accumulation Distribution	51149.9	22257.17	23636.82	0.17	0.64	2144.16	22993.13	28351.51	15488.49	5585.44
Market Facilitation Index	N/A	0.0	0.0	0.02	0.035	0.0	0.0	0.0	0.0	0.0
Daily Balance Of Power	0.625	1.064516	0.537	(1.00)	1.0	(0.09)	0.9577	1.255952	0.6923	0.8276
Period Momentum Indicator	0.3	0.33	0.29	(0.02)	0.035	(0.03)	10.41	6.33	0.36	0.24
Rate Of Daily Change	1.03	1.04	1.08	0.85	2.75	0.99	1.02	1.02	1.04	1.03
Day Median Price	10.95	8.07	3.82	0.11	0.0375	3.45	475.89	339.47	9.09	9.41
Price Action Indicator	0.26	0.31	0.16	(0.01)	0.035	(0.04)	6.82	3.33	0.28	0.21
Coefficient Of Variation	(356.63)	1767.15	3041.18	(535.50)	652.71	(559.47)	2132.53	(703.83)	(795.90)	(2,999)
Mean Deviation	2.23	3.18	4.78	10.05	550.29	3.51	1.38	1.22	2.73	2.18
Jensen Alpha	(0.74)	0.522	0.3164	(2.66)	325.79	(0.81)	0.1813	(0.11)	(0.18)	0.1455
Total Risk Alpha	(0.34)	1.16	2.65	(0.29)	655.74	(0.06)	0.3782	0.0342	0.1661	0.4128
Sortino Ratio	N/A	0.0986	0.106	N/A	4.95	N/A	0.1345	N/A	N/A	N/A
Downside Variance	N/A	18.67	28.5	N/A	3987.04	N/A	2.6	N/A	N/A	N/A
Standard Deviation	2.96	5.19	13.19	15.58	2038.28	5.12	1.8	1.67	4.11	3.13
Kurtosis	0.7189	11.99	51.1	3.84	64.54	5.2	0.5846	0.4245	5.44	2.87
Potential Upside	4.28	6.8	8.05	24.03	800.0	6.9	3.48	2.72	4.15	5.24
Treynor Ratio	(1.15)	0.1697	(0.56)	(1.60)	3.29	(1.18)	0.0993	(0.26)	(0.21)	(0.06)
Maximum Drawdown	13.46	41.41	118.1	81.55	16626.0	39.43	8.33	8.22	27.14	19.98
Variance	8.76	26.98	173.91	242.65	4154584.55	26.25	3.25	2.8	16.88	9.78
Market Risk Adjusted Performance	(1.14)	0.1797	(0.55)	(1.59)	3.3	(1.17)	0.1093	(0.25)	(0.20)	(0.05)
Risk Adjusted Performance	(0.23)	0.0561	0.0371	(0.15)	0.1393	(0.14)	0.0449	(0.11)	(0.1)	(0.02)
Skewness	(0.14)	2.05	6.69	0.8293	7.99	0.1167	0.5837	(0.02)	0.8896	0.4896
Semi Deviation	N/A	3.85	4.96	N/A	71.67	N/A	1.53	N/A	N/A	N/A
Information Ratio	(0.24)	0.082	0.0429	(0.18)	0.1533	(0.15)	0.1203	(0.06)	(0.09)	0.0089
Value At Risk	(5.52)	(5.88)	(8.33)	(30.77)	(92.00)	(6.95)	(2.65)	(3.10)	(7.35)	(5.05)
Expected Short fall	N/A	(3.78)	(6.26)	N/A	(706.66)	N/A	(1.46)	N/A	N/A	N/A
Downside Deviation	N/A	4.32	5.34	N/A	63.14	N/A	1.61	N/A	N/A	N/A
Semi Variance	N/A	14.84	24.59	N/A	5137.18	N/A	2.35	N/A	N/A	N/A

Lightning EMotors Competition Performance Charts

Five steps to successful analysis of Lightning EMotors Competition

Lightning EMotors' 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 Lightning EMotors in relation to its competition. Lightning EMotors' competition analysis typically involves several steps, including:

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

In addition to having Lightning EMotors 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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Communication Services

Companies that provide networking, telecom, and long distance services. The Communication Services theme has 39 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Services Theme or any other thematic opportunities.

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Check out Your Current Watchlist 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 income.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Consideration for investing in Lightning Stock

If you are still planning to invest in Lightning EMotors 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 Lightning EMotors' history and understand the potential risks before investing.

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