Is TPI Composites, Inc. the Best Renewable Energy Penny Stock to Invest In Now?
| TPIC Stock | USD 1.13 0.09 8.65% |
About 56% of all TPI Composites' shareholders are looking to take a long position. The analysis of overall sentiment of trading TPI Composites stock suggests that some investors are interested at this time. The current market sentiment, together with TPI Composites' historical and current headlines, can help investors time the market. In addition, many technical investors use TPI Composites stock news signals to limit their universe of possible portfolio assets.
TPI |
We recently compiled a list of the 10 Best Renewable Energy Penny Stocks to Invest In. In this article, we are going to take a look at where TPI Composites, Inc. stands against the other renewable energy penny stocks. On November 11, the Financial Times reported that the U.S. clean energy industry faces a significant
Read at finance.yahoo.com
 |
TPI Composites Fundamental Analysis
We analyze TPI Composites' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TPI Composites using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TPI Composites based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
TPI Composites is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
TPI Composites Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TPI Composites stock to make a market-neutral strategy. Peer analysis of TPI Composites could also be used in its relative valuation, which is a method of valuing TPI Composites by comparing valuation metrics with similar companies.
Peers
TPI Composites Related Equities
| TAYD | Taylor Devices | 4.71 | ||||
| LXFR | Luxfer Holdings | 2.95 | ||||
| CSWI | CSW Industrials | 2.73 | ||||
| DCI | Donaldson | 2.22 | ||||
| EPAC | Enerpac Tool | 2.07 | ||||
| HI | Hillenbrand | 1.91 | ||||
| CR | Crane | 1.61 | ||||
| WTS | Watts Water | 1.29 | ||||
| FLS | Flowserve | 1.20 | ||||
| BW | Babcock Wilcox | 0.93 | ||||
| FELE | Franklin Electric | 0.91 | ||||
| GRC | Gorman Rupp | 0.87 | ||||
| ITT | ITT | 0.42 | ||||
| KAI | Kadant | 0.38 | ||||
| IEX | IDEX | 0.30 | ||||
| IVAC | Intevac | 0.25 |
Complementary Tools for TPI Stock analysis
When running TPI Composites' price analysis, check to measure TPI Composites' 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 TPI Composites is operating at the current time. Most of TPI Composites' value examination focuses on studying past and present price action to predict the probability of TPI Composites' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TPI Composites' price. Additionally, you may evaluate how the addition of TPI Composites to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Stocks Directory Find actively traded stocks across global markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges |