Via Competitors

Preferred Stocks . USA . 
Preferred Stock . Via Renewables
VIASP Preferred Stock  USD 22.70  0.11  0.49%   
Via Renewables competes with CMS Energy, ACRES Commercial, Atlanticus Holdings, High-yield Municipal, and Thrivent High; as well as few others. The company classifies itself under Utilities sector and is part of Utilities—Regulated Electric industry. Analyzing Via Renewables 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 Via Renewables to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Via Renewables Correlation with its peers.
To learn how to invest in Via Preferred Stock, please use our How to Invest in Via Renewables guide.
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 Via Renewables competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Via Renewables' 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.
Hype
Prediction
LowEstimatedHigh
20.4622.5924.72
Details
Intrinsic
Valuation
LowRealHigh
20.3325.2927.42
Details
Naive
Forecast
LowNextHigh
20.9023.0325.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.2520.6923.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Via Renewables. Your research has to be compared to or analyzed against Via Renewables' peers to derive any actionable benefits. When done correctly, Via Renewables' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Via Renewables.

Via Renewables Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Via Renewables and its competitors represents the degree of relationship between the price movements of corresponding preferred stocks. A correlation of about +1.0 implies that the price of Via 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 Via Renewables does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RRTLX
+ 0.95
MSTSX
RRTLX
+ 0.88
LBHIX
LBHIX
+ 0.87
ABHYX
MSTSX
+ 0.84
LBHIX
VIASP
+ 0.81
ACR-PC
VIASP
+ 0.8
MSTSX
  
High negative correlations   
SCAXF
- 0.55
CMS-PC
VIASP
- 0.26
CMS-PC
ACR-PC
- 0.15
CMS-PC
MSTSX
- 0.02
CMS-PC
RRTLX
- 0.0
AQUI
VIASP
- 0.0
AQUI

Risk-Adjusted Indicators

There is a big difference between Via Preferred Stock performing well and Via Renewables 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 Via Renewables' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
CMS-PC  1.14 (0.25) 0.00 (0.12) 0.00 
 0.00 
 2.16 
(3.10)
 6.97 
ACR-PC  0.47  0.07 (0.02) 53.43  0.56 
(0.47)
 1.30 
(1.06)
 2.73 
ATLCP  0.89  0.07  0.01  0.34  0.89 
(1.02)
 2.32 
(1.66)
 5.46 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
ABHYX  0.14  0.01 (0.24) 0.23  0.10 
(0.19)
 0.34 
(0.34)
 1.14 
LBHIX  0.18  0.00 (0.24) 0.08  0.09 
(0.30)
 0.48 
(0.24)
 0.98 
MSTSX  0.44  0.03  0.02  0.12  0.51 
(0.49)
 1.03 
(0.83)
 3.20 
SCAXF  4.41  2.06  0.00  1.19  0.00 
 0.00 
 0.00 
 0.00 
 147.93 
VIASP  1.35  0.20  0.12  0.21  1.77 
(1.48)
 3.96 
(2.60)
 13.41 
RRTLX  0.26  0.00 (0.13) 0.09  0.14 
(0.34)
 0.60 
(0.51)
 1.45 

Via Renewables Competitive Analysis

The better you understand Via Renewables competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Via Renewables' 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 Via Renewables' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
VIASP CMS-PC ACR-PC ATLCP AQUI ABHYX LBHIX MSTSX SCAXF RRTLX
 0.49 
 22.70 
Via
 0.16 
 18.73 
CMS
 0.16 
 24.61 
ACRES
 1.93 
 22.36 
Atlanticus
 0.00 
 0.01 
Aquagold
 0.11 
 8.81 
High-yield
 0.24 
 4.16 
Thrivent
 0.18 
 11.16 
Morningstar
 0.00 
 0.03 
Sparta
 0.08 
 12.05 
RRTLX
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Out of control
Very steady
Market Performance
(90 Days Performance)
Good
Very Weak
Good
Modest
Very Weak
OK
OK
Very Weak
OK
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
About Average
Low
Low
Low
Average
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Hold
Cautious Hold
Hold
Strong Sell
Cautious Hold
Cautious Hold
Not Rated
Hold
Strong Hold
Current Ratio
3.49
2.03
105.88
22.07
N/A
N/A
N/A
N/A
0.62
N/A
Net Asset
355.28 M
31.35 B
2.28 B
1.94 B
3.19 K
672.37 M
674.44 M
116.1 M
3.06 M
1.46 B
Profit Margin
0.0094
0.0906
0.35
0.39
N/A
N/A
N/A
N/A
-0.1
N/A
EBITDA
33.09 M
1.42 B
109.49 M
276.31 M
(727.69 K)
N/A
N/A
N/A
(21.53 K)
N/A
Operating Margin
-0.14
0.16
0.32
0.45
N/A
N/A
N/A
N/A
-0.15
N/A
Current Valuation
535.95 M
21.14 B
1.49 B
1.24 B
912.76 K
N/A
N/A
N/A
5.73 M
N/A
Price To Book
N/A
N/A
N/A
N/A
N/A
N/A
1.58
N/A
34.42
2.13
Five Year Return
8.97
N/A
10.09
N/A
N/A
1.6
2.82
9.03
N/A
0.0406
Retained Earnings
N/A
1.35 B
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
One Year Return
N/A
N/A
N/A
N/A
N/A
5.53
8.88
17.63
N/A
0.067
Beta
1.16
0.37
1.82
1.74
7.05
N/A
N/A
N/A
1.75
N/A
Number Of Employees
169
8.56 K
10
328
7
1
1
1
8
1
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
0.1
6.56
14.28
N/A
7.22
Equity Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
0.07
61.63
N/A
38.52
Shares Outstanding
N/A
N/A
31.23 M
N/A
965.83 K
N/A
N/A
N/A
233.95 M
N/A
Three Year Return
N/A
N/A
N/A
N/A
N/A
-1.32
1.48
5.49
N/A
0.0491
Cash Flow From Operations
12.7 M
855 M
40.59 M
212.37 M
(218.19 K)
N/A
N/A
N/A
210.37 K
N/A
Annual Yield
0.0972
0.0556
0.0966
0.0924
N/A
0.0041
0.0582
0.0223
N/A
0.0219
Total Debt
135 M
15.43 B
1.81 B
1.42 B
N/A
N/A
N/A
N/A
125 K
N/A
Return On Equity
0.017
0.0934
0.0567
0.38
N/A
N/A
N/A
N/A
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
2.0
92.23
22.72
N/A
14.43
Z Score
1.0
0.54
N/A
N/A
N/A
N/A
N/A
N/A
37.6
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
N/A
N/A
269.0
N/A
N/A
Return On Asset
-0.11
0.0261
0.0113
0.0861
-5.5
N/A
N/A
N/A
-0.21
N/A
Number Of Shares Shorted
4.29 K
3.59 K
11.6 K
3.22 K
N/A
N/A
N/A
N/A
N/A
N/A
Book Value Per Share
3.66
23.73
53.82
21.28
-1.18
N/A
N/A
N/A
-0.002
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
Current Liabilities
N/A
N/A
N/A
N/A
794 K
N/A
N/A
N/A
N/A
N/A
Total Asset
355.28 M
31.35 B
2.28 B
1.94 B
3.19 K
243.16 M
347.66 M
215.11 M
3.06 M
1.03 B
Debt To Equity
0.69
1.83
4.22
3.71
N/A
N/A
N/A
N/A
101.0
N/A
Short Ratio
0.7
0.25
1.48
0.45
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
0.73
1.9
N/A
N/A
N/A
0.03
0.02
N/A
N/A
0.14
Shares Owned By Institutions
N/A
N/A
8.88
0.66
N/A
N/A
N/A
N/A
N/A
N/A
Market Capitalization
N/A
N/A
322.13 M
619.02 M
96.58 K
N/A
N/A
50.36 M
7.72 M
N/A
Price To Earning
26.83
3.53
6.69
3.29
-0.22
N/A
35.48
N/A
19.55
18.25
Price To Sales
N/A
N/A
N/A
N/A
N/A
N/A
1.23
N/A
0.63
1.57
Net Income
5.2 M
813 M
33.92 M
177.79 M
(627.79 K)
N/A
N/A
N/A
(609.44 K)
N/A
Earnings Per Share
1.17
4.67
0.51
7.61
-0.63
N/A
N/A
N/A
-0.003
N/A
Shares Owned By Insiders
N/A
N/A
0.1
N/A
N/A
N/A
N/A
N/A
9.51
N/A
Revenue
393.49 M
8.6 B
44.86 M
399.8 M
N/A
N/A
N/A
N/A
5.19 M
N/A
Year To Date Return
N/A
N/A
N/A
N/A
N/A
2.11
1.24
7.81
N/A
-0.0211
Working Capital
N/A
1.57 B
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
N/A
N/A
4.84
6.0
N/A
N/A
5.76
Cash And Equivalents
51.31 M
168 M
34.87 M
316.33 M
1.15 K
N/A
N/A
N/A
909.32 K
N/A
Cash Per Share
3.23
0.58
4.18
21.85
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
74.67 M
2.76 B
60.74 M
359.14 M
(143.88 K)
N/A
N/A
N/A
3.68 M
N/A
Day Typical Price
22.69
18.77
24.63
22.58
0.006
8.81
4.16
11.16
0.03
12.05
Accumulation Distribution
0.0188
159.09
0.0045
0.0287
N/A
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
0.43
0.0
0.11
0.66
N/A
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
0.2558
0.12
(0.36)
(0.67)
0.0
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
0.0
(9,223,372,036,855)
Period Momentum Indicator
0.11
0.03
(0.04)
(0.44)
N/A
(0.01)
0.01
(0.02)
N/A
(0.01)
Rate Of Daily Change
1.0
1.0
1.0
0.98
1.0
1.0
1.0
1.0
1.0
1.0
Day Median Price
22.69
18.8
24.65
22.69
0.006
8.81
4.16
11.16
0.03
12.05
Price Action Indicator
0.07
(0.05)
(0.06)
(0.55)
N/A
(0.01)
0.005
(0.01)
N/A
(0.01)
Relative Strength Index
68.05
44.78
59.53
47.42
N/A
63.23
61.69
65.75
100.0
64.54
Coefficient Of Variation
581.97
(1,125)
730.41
1109.2
N/A
756.15
914.57
537.11
812.4
580.78
Mean Deviation
1.35
1.14
0.4716
0.8932
N/A
0.1401
0.1816
0.4439
4.41
0.2618
Jensen Alpha
0.2033
(0.25)
0.0747
0.0708
N/A
0.0098
(0)
0.0261
2.06
7.0E-4
Total Risk Alpha
0.0306
(0.38)
(0.02)
(0.08)
N/A
(0.01)
(0.02)
0.0106
(0.55)
(0)
Sortino Ratio
0.124
N/A
(0.02)
0.006
N/A
(0.24)
(0.24)
0.02
N/A
(0.13)
Downside Variance
4.52
N/A
0.4704
1.08
N/A
0.0902
0.0955
0.5621
N/A
0.1094
Standard Deviation
2.11
1.52
0.6194
1.17
N/A
0.1982
0.2377
0.6146
18.21
0.3305
Kurtosis
4.19
1.07
0.1429
0.3019
N/A
3.9
(0.29)
1.84
66.0
(0.09)
Potential Upside
3.96
2.16
1.3
2.32
N/A
0.3417
0.4843
1.03
N/A
0.5978
Treynor Ratio
0.2106
(0.12)
53.43
0.3445
N/A
0.2278
0.0802
0.1193
1.19
0.0908
Maximum Drawdown
13.41
6.97
2.73
5.46
N/A
1.14
0.978
3.2
147.93
1.45
Variance
4.47
2.31
0.3837
1.37
N/A
0.0393
0.0565
0.3777
331.58
0.1093
Market Risk Adjusted Performance
0.2206
(0.11)
53.44
0.3545
N/A
0.2378
0.0902
0.1293
1.2
0.1008
Risk Adjusted Performance
0.1079
(0.05)
0.0808
0.0578
N/A
0.0579
0.0494
0.1095
0.0818
0.0931
Skewness
0.2385
(0.82)
(0.15)
0.4824
N/A
(1.18)
(0.01)
(0.76)
8.12
(0.19)
Semi Deviation
1.77
N/A
0.5596
0.8894
N/A
0.1031
0.0946
0.5075
N/A
0.14
Information Ratio
0.1248
(0.15)
(0.02)
0.0053
N/A
(0.37)
(0.31)
0.0244
0.1176
(0.13)
Value At Risk
(2.60)
(3.10)
(1.06)
(1.66)
N/A
(0.34)
(0.24)
(0.83)
N/A
(0.51)
Expected Short fall
(1.48)
N/A
(0.47)
(1.02)
N/A
(0.19)
(0.30)
(0.49)
N/A
(0.34)
Downside Deviation
2.13
N/A
0.6859
1.04
N/A
0.3003
0.3091
0.7497
N/A
0.3308
Semi Variance
3.13
N/A
0.3131
0.791
N/A
0.0106
0.009
0.2576
N/A
0.0196

Via Renewables Competition Performance Charts

Five steps to successful analysis of Via Renewables Competition

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

In addition to having Via Renewables 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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Run Almost Nothing Thematic Idea Now

Almost Nothing
Almost Nothing Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Almost Nothing theme has 22 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 Almost Nothing Theme or any other thematic opportunities.
View All  Next Launch
Check out Via Renewables Correlation with its peers.
To learn how to invest in Via Preferred Stock, please use our How to Invest in Via Renewables guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Via Preferred Stock analysis

When running Via Renewables' price analysis, check to measure Via Renewables' 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 Via Renewables is operating at the current time. Most of Via Renewables' value examination focuses on studying past and present price action to predict the probability of Via Renewables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Via Renewables' price. Additionally, you may evaluate how the addition of Via Renewables to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Via Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Via Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Via Renewables' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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