Meteoric Competitors

Stocks . Germany . 
Stock . Meteoric Resources NL
RNF Stock  EUR 0.07  0  6.47%   
Meteoric Resources competes with FARO Technologies, ORMAT TECHNOLOGIES, NetSol Technologies, PKSHA TECHNOLOGY, and EAT WELL; as well as few others. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Meteoric Resources 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 Meteoric Resources to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Meteoric Resources 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 Meteoric Resources competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
0.000.0712.05
Details
Intrinsic
Valuation
LowRealHigh
0.000.0612.04
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Meteoric Resources Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Meteoric Resources 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 Meteoric 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 Meteoric Resources does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
HKT
+ 0.84
HNM
762
+ 0.78
HNM
HNM
+ 0.76
FT1
HKT
+ 0.73
FT1
762
+ 0.67
FT1
HKT
+ 0.59
762
  
High negative correlations   
HKT
- 0.09
CUG
CUG
- 0.08
HNM
CUG
- 0.07
FT1
HKT
- 0.0
6BC0
CUG
- 0.0
6BC0
6BC0
- 0.0
762

Risk-Adjusted Indicators

There is a big difference between Meteoric Stock performing well and Meteoric Resources 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 Meteoric Resources' 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.
All Fundamental Data

Meteoric Resources Competitive Analysis

The better you understand Meteoric Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Meteoric Resources' 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 Meteoric Resources' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RNF FT1 HNM NS9B 762 6BC0 CUG HKT
 6.47 
 0.07 
Meteoric
 0.80 
 24.80 
FARO
 0.34 
 77.12 
ORMAT
 0.81 
 2.50 
NetSol
 5.17 
 24.40 
PKSHA
 0.00 
 0.11 
EAT
 0.00 
 0.01 
Chuangs
 1.59 
 0.62 
HKT
Market Volatility
(90 Days Market Risk)
Out of control
Not too volatile
Very steady
Unstable
Not too volatile
Very steady
Out of control
Risky
Market Performance
(90 Days Performance)
Modest
Good
Good
Weak
OK
Very Weak
Very Weak
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Very High
Low
Low
Quite High
Low
Quite High
Quite High
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Buy
Strong Hold
Strong Sell
Strong Hold
Strong Sell
Strong Sell
Cautious Hold
Current Ratio
19.30 X
3.16 X
N/A
2.64 X
17.44 X
N/A
2.04 X
N/A
Net Asset
2.12 M
473.35 M
4.61 B
72.61 M
N/A
N/A
6.68 B
114.83 B
Profit Margin
N/A
(0.08) %
N/A
(0.1) %
0.07 %
N/A
N/A
N/A
EBITDA
(5.53 M)
(6.33 M)
183.35 M
6.27 M
3.03 B
N/A
393.93 M
N/A
Current Valuation
14.68 M
533.56 M
6.46 B
21.67 M
N/A
N/A
(22.94 M)
11.99 B
Price To Book
1.40 X
1.98 X
2.67 X
0.82 X
N/A
N/A
0.12 X
0.98 X
Operating Margin
N/A
(0.06) %
N/A
(0.13) %
0.14 %
(1.64) %
(0.68) %
N/A
Five Year Return
N/A
N/A
N/A
N/A
N/A
N/A
8.20 %
N/A
Beta
1.78
1.29
N/A
0.69
1.56
0.0591
0.42
N/A
Number Of Employees
13
1.49 K
N/A
1.78 K
419
N/A
109
N/A
Shares Outstanding
1.53 B
18.78 M
N/A
11.28 M
30.65 M
156.77 M
2.35 B
N/A
Cash Flow From Operations
(5.02 M)
(24.86 M)
258.82 M
3.06 M
(179 M)
N/A
(50.69 M)
N/A
Annual Yield
N/A
N/A
0.01 %
N/A
N/A
N/A
0.19 %
0.37 %
Total Debt
N/A
19.98 M
1.84 B
12.87 K
2.03 B
N/A
764.54 M
45.39 B
Return On Equity
-1.75
-0.0839
N/A
-0.0906
0.0303
-4.7
-0.16
N/A
Z Score
-6.6
13.8
1.2
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.95
-0.0266
N/A
-0.0601
0.0275
-0.082
-0.0061
N/A
Book Value Per Share
0 X
16.56 X
N/A
3.57 X
942.98 X
0.08 X
1.65 X
N/A
Total Asset
2.12 M
473.35 M
4.61 B
72.61 M
N/A
N/A
6.68 B
114.83 B
Debt To Equity
N/A
5.30 %
N/A
12.60 %
0.07 %
N/A
48.20 %
N/A
Target Price
N/A
91.67
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
N/A
0.02
N/A
Shares Owned By Institutions
N/A
99.03 %
N/A
23.91 %
11.08 %
0.01 %
1.79 %
N/A
Market Capitalization
107.64 M
470.08 M
3.85 B
29.28 M
376.96 M
23.44 M
70.5 M
7.68 B
Price To Earning
(22.50) X
165.88 X
N/A
9.60 X
31.97 X
N/A
3.47 X
N/A
Price To Earnings To Growth
N/A
N/A
5.17 X
0.34 X
N/A
N/A
N/A
N/A
Price To Sales
688,142 X
1.57 X
7.07 X
0.56 X
N/A
N/A
0.81 X
4.36 X
Net Income
(5.56 M)
(26.76 M)
65.84 M
(851.16 K)
1.74 B
N/A
227.76 M
N/A
Earnings Per Share
N/A
(1.32) X
N/A
(0.44) X
0.19 X
(0.47) X
(0.04) X
N/A
Shares Owned By Insiders
37.76 %
0.96 %
N/A
19.59 %
48.88 %
11.95 %
61.15 %
N/A
Revenue
250
345.76 M
734.16 M
57.25 M
11.51 B
4.38 M
204.54 M
N/A
Cash And Equivalents
6.35 M
145.42 M
N/A
17.01 M
21.7 B
N/A
154.17 M
N/A
Cash Per Share
N/A
8.39 X
N/A
1.46 X
711.23 X
N/A
0.07 X
N/A
Gross Profit
1.31 M
175.76 M
N/A
26.69 M
5.73 B
897.94 K
134.22 M
N/A
Day Typical Price
0.065
24.8
77.07
2.5
24.4
0.11
0.01
0.62
Accumulation Distribution
N/A
N/A
0.0018
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
0.14
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
(9,223,372,036,855)
(9,223,372,036,855)
1.857143
9.2 T
9.2 T
0.0
0.0
(9,223,372,036,855)
Period Momentum Indicator
(0)
(0.20)
0.26
0.02
1.2
N/A
N/A
(0.01)
Rate Of Daily Change
0.94
0.99
1.0
1.01
1.05
1.0
1.0
0.98
Day Median Price
0.065
24.8
77.05
2.5
24.4
0.11
0.01
0.62
Price Action Indicator
(0)
(0.10)
0.2
0.01
0.6
N/A
N/A
(0.01)
Relative Strength Index
45.92
87.96
68.9
61.34
60.74
N/A
47.37
67.21
Coefficient Of Variation
1763.62
573.46
563.58
1903.19
728.93
N/A
23740.06
1625.34
Mean Deviation
6.89
2.52
0.9918
2.02
2.61
N/A
0.1514
0.4793
Jensen Alpha
0.5199
0.5862
0.1917
(0)
0.3651
N/A
(0.02)
0.0402
Total Risk Alpha
(1.16)
0.1076
0.0254
(0.26)
(0.06)
N/A
(0.14)
(0.09)
Sortino Ratio
0.0342
0.3148
0.0888
0.0032
0.1231
N/A
N/A
(0.04)
Downside Variance
278.03
5.47
1.5
11.92
7.75
N/A
N/A
2.96
Standard Deviation
12.25
4.94
1.32
2.6
3.41
N/A
0.8564
0.8528
Kurtosis
2.76
30.49
0.8093
0.4126
1.25
N/A
32.58
0.8077
Potential Upside
26.36
5.04
2.45
3.7
5.66
N/A
N/A
1.64
Treynor Ratio
0.479
0.3705
0.7997
0.1119
0.5686
N/A
(0.04)
2.16
Maximum Drawdown
69.68
39.26
6.64
12.5
16.21
N/A
9.76
3.31
Variance
150.16
24.39
1.74
6.74
11.64
N/A
0.7335
0.7273
Market Risk Adjusted Performance
0.489
0.3805
0.8097
0.1219
0.5786
N/A
(0.03)
2.17
Risk Adjusted Performance
0.0528
0.1421
0.1402
0.0473
0.1129
N/A
0.0043
0.0482
Skewness
0.5291
4.78
(0.23)
(0.75)
0.9502
N/A
0.4169
0.0721
Semi Deviation
8.78
1.58
1.04
2.82
2.21
N/A
N/A
0.5689
Information Ratio
0.0465
0.149
0.0824
0.0042
0.1004
N/A
(0.14)
(0.09)
Value At Risk
(22.14)
(3.87)
(2.09)
(4.32)
(4.46)
N/A
N/A
(1.61)
Expected Short fall
(15.85)
(3.47)
(1.15)
(2.10)
(3.78)
N/A
N/A
(1.63)
Downside Deviation
16.67
2.34
1.22
3.45
2.78
N/A
N/A
1.72
Semi Variance
77.14
2.51
1.07
7.93
4.88
N/A
N/A
0.3237

Meteoric Resources Competition Performance Charts

Five steps to successful analysis of Meteoric Resources Competition

Meteoric Resources' 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 Meteoric Resources in relation to its competition. Meteoric Resources' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Meteoric Resources 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 Meteoric Resources' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Meteoric Resources, 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 Meteoric Resources position

In addition to having Meteoric Resources 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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Utilities - Regulated Electric
Utilities - Regulated Electric Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 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 Utilities - Regulated Electric Theme or any other thematic opportunities.
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Other Information on Investing in Meteoric Stock

Meteoric Resources financial ratios help investors to determine whether Meteoric Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Meteoric with respect to the benefits of owning Meteoric Resources security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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