ClearSign Competitors
| CLIR Stock | USD 0.54 0.02 3.85% |
Correlation: ClearSign Combustion vs TechPrecision Common Overview
Very weak diversification
The correlation between CLIR and TPCS is 0.5, which Macroaxis classifies as Very weak diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.
Moving together with ClearSign Stock
Moving against ClearSign Stock
The mean reversion principle applied to ClearSign Combustion's suggests that neither prolonged outperformance nor underperformance is permanent. Investors exploit this by positioning against extremes in price relative to fundamental value.
ClearSign Combustion Competition Correlation Matrix
Correlation analysis between ClearSign Combustion and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ClearSign Stock performing well and ClearSign Combustion 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 ClearSign Combustion's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FLUX | 4.94 | 0.08 | 0.01 | 0.02 | 5.81 | 13.45 | 31.70 | |||
| HTLM | 6.18 | -0.26 | 0.00 | -0.33 | 0.00 | 13.82 | 51.89 | |||
| AP | 4.63 | 1.98 | 0.47 | 1.04 | 3.39 | 11.80 | 25.07 | |||
| IPWR | 5.28 | 0.16 | 0.02 | 0.13 | 6.34 | 11.14 | 38.33 | |||
| SIF | 4.19 | 1.30 | 0.25 | 1.91 | 4.13 | 11.73 | 50.46 | |||
| XOS | 3.17 | -0.07 | 0.00 | -0.03 | 0.00 | 5.14 | 38.89 | |||
| BRIA | 2.03 | 0.17 | 0.06 | 0.48 | 2.34 | 5.81 | 14.02 | |||
| SPCB | 3.13 | -0.16 | 0.00 | -0.15 | 0.00 | 6.32 | 14.80 | |||
| GPUS | 5.74 | -0.30 | 0.00 | -0.13 | 0.00 | 11.76 | 62.50 | |||
| TPCS | 2.04 | -0.28 | 0.00 | -1.52 | 0.00 | 3.91 | 17.21 |
Peer Comparison: Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in ClearSign Combustion financial statement analysis. It represents the amount of money remaining after all of ClearSign Combustion operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Compare ClearSign Combustion and related stocks such as Flux Power Holdings, HomesToLife, and Ampco Pittsburgh Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FLUX | -30 K | -2.4 M | 351 K | -4.3 M | -2.4 M | -4.6 M | -4.4 M | -7 M | -12.4 M | -14.3 M | -12.8 M | -15.9 M | -7.7 M | -8.3 M | -6.7 M | -6 M | -6.3 M |
| HTLM | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 966.4 K | 814.7 K | 176.8 K | -1.2 M | -1.1 M | -1.1 M |
| AP | 3.4 M | 21.3 M | 8.4 M | 12.4 M | -1.2 M | 1.4 M | -79.8 M | -12.1 M | -69.3 M | -21 M | 8 M | -3.9 M | 3.4 M | -39.9 M | 438 K | 394.2 K | 413.9 K |
| IPWR | -1.8 M | -1.8 M | -4.6 M | -9.6 M | -6.9 M | -10.4 M | -11 M | -10.3 M | -7.9 M | -3.9 M | -7.8 M | -4.8 M | -6.9 M | -10 M | -10.4 M | -9.4 M | -9.8 M |
| SIF | -900 K | 6.5 M | 10.2 M | 5 M | -2.9 M | -11.3 M | -14.2 M | -7.2 M | -7.5 M | 9.2 M | -743 K | -9.6 M | -8.7 M | -5.4 M | -729 K | -656.1 K | -623.3 K |
| XOS | -3.9 M | -3.9 M | -3.9 M | -3.9 M | -3.9 M | -3.9 M | -3.9 M | -3.9 M | -3.9 M | -4.9 M | -16.7 M | 23.4 M | -73.3 M | -75.8 M | -50.2 M | -45.1 M | -47.4 M |
| BRIA | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.8 M | 4.3 M | 3.3 M | 2.8 M | 2.5 M | 3 M |
| SPCB | -2 M | 1 M | 4.8 M | 6.5 M | 6.2 M | 2.7 M | -11.3 M | -6.7 M | -15.7 M | -15.7 M | -7.9 M | -10.1 M | -7.5 M | -4 M | 661 K | 594.9 K | 624.6 K |
| GPUS | 1.2 M | 1.1 M | -329 K | -632 K | -658 K | -1.1 M | -1.1 M | -10.6 M | -32.2 M | -32.9 M | -29.4 M | -23.3 M | -181.8 M | -231 M | -56.2 M | -50.6 M | -48.1 M |
| TPCS | -428.1 K | -2.1 M | -2.4 M | -7.1 M | -3.6 M | 1.4 M | 5.1 M | -265.9 K | 1.1 M | -341.6 K | 320.6 K | -349.8 K | -979 K | -7 M | -2.7 M | -2.5 M | -2.3 M |
ClearSign Combustion Competitive Analysis
Investors who closely follow ClearSign Combustion should also examine its competitive environment to provide context for its financials. ClearSign Combustion's performance relative to peers often reveals whether its results are driven by company-specific factors or broader industry trends.| Better Than Average | Worse Than Peers | View Performance Chart |
ClearSign Combustion Peer Performance Charts
How to Analyze ClearSign Combustion Against Peers
ClearSign Combustion's peer analysis compares ClearSign Combustion with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether ClearSign Combustion trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where ClearSign Combustion leads or lags and what catalysts could close or widen the gap.