DRXGF
Price
$8.21
Change
-$0.00 (-0.00%)
Updated
Dec 18 closing price
EDRVY
Price
$21.00
Change
-$0.00 (-0.00%)
Updated
Dec 9 closing price
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DRXGF vs EDRVY

Header iconDRXGF vs EDRVY Comparison
Open Charts DRXGF vs EDRVYBanner chart's image
Drax Group
Price$8.21
Change-$0.00 (-0.00%)
Volume$2.05K
CapitalizationN/A
EDP Renovaveis SA
Price$21.00
Change-$0.00 (-0.00%)
Volume$594
CapitalizationN/A
DRXGF vs EDRVY Comparison Chart
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DRXGF
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
EDRVY
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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DRXGF vs. EDRVY commentary
Dec 19, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is DRXGF is a Hold and EDRVY is a Hold.

COMPARISON
Comparison
Dec 19, 2024
Stock price -- (DRXGF: $8.21 vs. EDRVY: $21.00)
Brand notoriety: DRXGF and EDRVY are both not notable
Both companies represent the Alternative Power Generation industry
Current volume relative to the 65-day Moving Average: DRXGF: 224% vs. EDRVY: 71%
Market capitalization -- DRXGF: $3.03B vs. EDRVY: $16.14B
DRXGF [@Alternative Power Generation] is valued at $3.03B. EDRVY’s [@Alternative Power Generation] market capitalization is $16.14B. The market cap for tickers in the [@Alternative Power Generation] industry ranges from $118.24B to $0. The average market capitalization across the [@Alternative Power Generation] industry is $6.29B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

DRXGF’s FA Score shows that 1 FA rating(s) are green whileEDRVY’s FA Score has 0 green FA rating(s).

  • DRXGF’s FA Score: 1 green, 4 red.
  • EDRVY’s FA Score: 0 green, 5 red.
According to our system of comparison, DRXGF is a better buy in the long-term than EDRVY.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

DRXGF’s TA Score shows that 4 TA indicator(s) are bullish while EDRVY’s TA Score has 1 bullish TA indicator(s).

  • DRXGF’s TA Score: 4 bullish, 3 bearish.
  • EDRVY’s TA Score: 1 bullish, 2 bearish.
According to our system of comparison, DRXGF is a better buy in the short-term than EDRVY.

Price Growth

DRXGF (@Alternative Power Generation) experienced а +0.04% price change this week, while EDRVY (@Alternative Power Generation) price change was 0.00% for the same time period.

The average weekly price growth across all stocks in the @Alternative Power Generation industry was -3.22%. For the same industry, the average monthly price growth was -4.38%, and the average quarterly price growth was +0.41%.

Industries' Descriptions

@Alternative Power Generation (-3.22% weekly)

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

SUMMARIES
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FUNDAMENTALS
Fundamentals
EDRVY($16.1B) has a higher market cap than DRXGF($3.03B). EDRVY has higher P/E ratio than DRXGF: EDRVY (23.06) vs DRXGF (13.68). DRXGF YTD gains are higher at: 37.931 vs. EDRVY (-36.432). EDRVY has higher annual earnings (EBITDA): 1.37B vs. DRXGF (540M). EDRVY has more cash in the bank: 592M vs. DRXGF (125M). DRXGF has less debt than EDRVY: DRXGF (1.51B) vs EDRVY (5.04B). DRXGF has higher revenues than EDRVY: DRXGF (8.31B) vs EDRVY (1.96B).
DRXGFEDRVYDRXGF / EDRVY
Capitalization3.03B16.1B19%
EBITDA540M1.37B39%
Gain YTD37.931-36.432-104%
P/E Ratio13.6823.0659%
Revenue8.31B1.96B423%
Total Cash125M592M21%
Total Debt1.51B5.04B30%
FUNDAMENTALS RATINGS
DRXGF vs EDRVY: Fundamental Ratings
DRXGF
EDRVY
OUTLOOK RATING
1..100
3285
VALUATION
overvalued / fair valued / undervalued
1..100
31
Undervalued
76
Overvalued
PROFIT vs RISK RATING
1..100
4278
SMR RATING
1..100
5798
PRICE GROWTH RATING
1..100
4785
P/E GROWTH RATING
1..100
4494
SEASONALITY SCORE
1..100
5030

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

DRXGF's Valuation (31) in the null industry is somewhat better than the same rating for EDRVY (76). This means that DRXGF’s stock grew somewhat faster than EDRVY’s over the last 12 months.

DRXGF's Profit vs Risk Rating (42) in the null industry is somewhat better than the same rating for EDRVY (78). This means that DRXGF’s stock grew somewhat faster than EDRVY’s over the last 12 months.

DRXGF's SMR Rating (57) in the null industry is somewhat better than the same rating for EDRVY (98). This means that DRXGF’s stock grew somewhat faster than EDRVY’s over the last 12 months.

DRXGF's Price Growth Rating (47) in the null industry is somewhat better than the same rating for EDRVY (85). This means that DRXGF’s stock grew somewhat faster than EDRVY’s over the last 12 months.

DRXGF's P/E Growth Rating (44) in the null industry is somewhat better than the same rating for EDRVY (94). This means that DRXGF’s stock grew somewhat faster than EDRVY’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
DRXGFEDRVY
RSI
ODDS (%)
Bullish Trend 4 days ago
63%
N/A
Stochastic
ODDS (%)
N/A
N/A
Momentum
ODDS (%)
Bullish Trend 3 days ago
66%
Bearish Trend 3 days ago
43%
MACD
ODDS (%)
Bullish Trend 3 days ago
48%
Bullish Trend 3 days ago
15%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
43%
Bullish Trend 3 days ago
11%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
39%
Bearish Trend 3 days ago
45%
Advances
ODDS (%)
N/A
N/A
Declines
ODDS (%)
N/A
N/A
BollingerBands
ODDS (%)
Bullish Trend 3 days ago
65%
N/A
Aroon
ODDS (%)
Bearish Trend 3 days ago
55%
Bearish Trend 3 days ago
40%
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DRXGF
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
EDRVY
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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DRXGF and

Correlation & Price change

A.I.dvisor tells us that DRXGF and DRXGY have been poorly correlated (+20% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that DRXGF and DRXGY's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DRXGF
1D Price
Change %
DRXGF100%
N/A
DRXGY - DRXGF
20%
Poorly correlated
N/A
FNEC - DRXGF
17%
Poorly correlated
N/A
FOJCF - DRXGF
4%
Poorly correlated
N/A
EDRVY - DRXGF
4%
Poorly correlated
N/A
FOJCY - DRXGF
3%
Poorly correlated
+2.23%
More

EDRVY and

Correlation & Price change

A.I.dvisor indicates that over the last year, EDRVY has been loosely correlated with SEYMF. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if EDRVY jumps, then SEYMF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EDRVY
1D Price
Change %
EDRVY100%
N/A
SEYMF - EDRVY
65%
Loosely correlated
N/A
FRHYF - EDRVY
29%
Poorly correlated
N/A
DRXGF - EDRVY
4%
Poorly correlated
N/A
FOJCF - EDRVY
3%
Poorly correlated
N/A
EGIEY - EDRVY
2%
Poorly correlated
+1.60%
More