Scatec Competitors
| STECF Stock | USD 12.60 2.60 26.00% |
Scatec ASA vs Electric Power Correlation Summary
Moving together with Scatec Pink Sheet
Moving against Scatec Pink Sheet
The concept of mean reversion suggests that Scatec ASA's price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.
Scatec ASA Competition Correlation Matrix
Correlation analysis between Scatec ASA 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 Scatec Pink Sheet performing well and Scatec ASA 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 Scatec ASA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DRXGF | 0.77 | 0.19 | 0.00 | 1.04 | 0.00 | 2.48 | 24.29 | |||
| PUPOF | 0.88 | 0.35 | 0.00 | 0.35 | 0.00 | 0.00 | 35.93 | |||
| DRXGY | 0.86 | 0.24 | 0.00 | 0.51 | 0.00 | 1.06 | 19.89 | |||
| CSGEF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BJWTF | 0.18 | -0.11 | 0.00 | 0.62 | 0.00 | 0.00 | 6.06 | |||
| EDRWY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TEPCY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CGKEF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PPAAF | 19.60 | 7.16 | 0.00 | -2.16 | 0.00 | 49.07 | 72.61 | |||
| EPWDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Scatec ASA Competitive Analysis
Analyzing Scatec ASA alongside its competitors can reveal how well the company is executing relative to peers. For longer-term investors, tracking Scatec ASA's market share trends against competition is a key input for investment decisions. Scatec ASA's competitive standing becomes clearer when measured alongside Drax Group, Public PowerSA, and Drax Group. With 3.04 B in revenue and a 2.11 B market value, Scatec ASA anchors one end of the peer spectrum. The -13.12% return on equity and -44.44% profit margin point to near-term profitability challenges for Scatec ASA. Against Drax Group, Scatec ASA shows a different profile. On the bottom line, Drax Group retains 3.15% while Scatec ASA manages -44.44%. Public PowerSA offers a useful contrast. Return on equity favors Public PowerSA at -3.74%, well ahead of Scatec ASA at -13.12%. Turning to Drax Group adds another dimension. The market prices Scatec ASA more richly at 32.14x earnings, while Drax Group trades at 10.45x. Ultimately, whether Scatec ASA represents the stronger opportunity depends on which metrics investors prioritize and how sustainable the current peer dynamics prove to be.| Better Than Average | Worse Than Peers | View Performance Chart |
Scatec ASA Peer Performance Charts
How to Analyze Scatec ASA Against Peers
Scatec ASA's peer analysis compares Scatec ASA 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 Scatec ASA 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 Scatec ASA leads or lags and what catalysts could close or widen the gap.