Spruce Competitors
| SPRU Stock | 2.88 0.05 1.71% |
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 Spruce Power competition on your existing holdings.
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Spruce Power Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Spruce Power 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 Spruce 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 Spruce Power Holding does not affect the price movement of the other competitor.
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.
Cross Equities Net Income Analysis
Compare Spruce Power Holding and related stocks such as Nano Labs, and Enphase Energy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ENPH | (16.9 M) | (32.3 M) | (38.2 M) | (25.9 M) | (8.1 M) | (22.1 M) | (67.5 M) | (45.2 M) | (11.6 M) | 161.1 M | 134 M | 145.4 M | 397.4 M | 438.9 M | 460.9 M |
Spruce Power Holding and related stocks such as Nano Labs, and Enphase Energy Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Spruce Power Holding financial statement analysis. It represents the amount of money remaining after all of Spruce Power Holding operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Spruce Power Competitive Analysis
The better you understand Spruce Power competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Spruce Power'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 Spruce Power'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 |
Spruce Power Competition Performance Charts
Five steps to successful analysis of Spruce Power Competition
Spruce Power'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 Spruce Power Holding in relation to its competition. Spruce Power's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Spruce Power 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 Spruce Power's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Spruce Power Holding, 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.
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Additional Tools for Spruce Stock Analysis
When running Spruce Power's price analysis, check to measure Spruce Power'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 Spruce Power is operating at the current time. Most of Spruce Power's value examination focuses on studying past and present price action to predict the probability of Spruce Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spruce Power's price. Additionally, you may evaluate how the addition of Spruce Power to your portfolios can decrease your overall portfolio volatility.