Airgain Competitors
| AIRG Stock | USD 5.47 0.51 10.28% |
Airgain vs Amplitech Correlation
Significant diversification
The correlation between Airgain and AMPG is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Airgain and AMPG in the same portfolio, assuming nothing else is changed.
Moving together with Airgain Stock
| 0.76 | ARW | Arrow Electronics Tech Boost | PairCorr |
| 0.79 | GLW | Corning Incorporated Tech Boost | PairCorr |
Moving against Airgain Stock
| 0.63 | HOLO | MicroCloud Hologram | PairCorr |
| 0.6 | TRNR | Interactive Strength | PairCorr |
| 0.56 | REFR | Research Frontiers | PairCorr |
| 0.56 | APVO | Aptevo Therapeutics | PairCorr |
| 0.37 | WBX | Wallbox NV | PairCorr |
Airgain Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Airgain 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 Airgain 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 Airgain does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Airgain Stock performing well and Airgain 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 Airgain'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MOB | 6.51 | 0.05 | 0.03 | 0.10 | 7.52 | 11.31 | 34.44 | |||
| NEON | 2.83 | (0.79) | 0.00 | (0.24) | 0.00 | 5.58 | 17.73 | |||
| CMBM | 5.34 | (0.87) | 0.00 | (0.50) | 0.00 | 10.19 | 49.22 | |||
| UEIC | 2.48 | 0.25 | 0.08 | 0.30 | 3.07 | 5.70 | 20.40 | |||
| AWRE | 1.80 | (0.62) | 0.00 | (0.40) | 0.00 | 3.16 | 12.53 | |||
| PHUN | 2.74 | (0.41) | 0.00 | (0.13) | 0.00 | 6.18 | 13.43 | |||
| SLNH | 7.53 | (1.78) | 0.00 | (0.31) | 0.00 | 17.32 | 43.75 | |||
| SURG | 4.18 | (1.21) | 0.00 | (4.76) | 0.00 | 11.49 | 52.00 | |||
| CPSH | 4.55 | 0.67 | 0.16 | 0.39 | 4.30 | 13.93 | 32.46 | |||
| AMPG | 4.43 | (0.08) | (0.01) | 0.03 | 5.09 | 11.28 | 31.09 |
Cross Equities Net Income Analysis
Compare Airgain and related stocks such as Mobilicom Limited, Neonode, and Cambium Networks Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NEON | 500 K | (17.1 M) | (9.3 M) | (13.1 M) | (14.2 M) | (7.8 M) | (5.3 M) | (4.7 M) | (3.1 M) | (5.3 M) | (5.6 M) | (6.5 M) | (4.9 M) | (10.1 M) | (6.5 M) | (5.8 M) | (6.1 M) |
| CMBM | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 2.3 M | 9.8 M | (1.5 M) | (17.6 M) | 18.6 M | 37.4 M | 20.2 M | (77.4 M) | (77.4 M) | (69.7 M) | (66.2 M) |
| UEIC | 1.1 M | 19.9 M | 16.6 M | 23 M | 32.5 M | 29.2 M | 20.4 M | (10.3 M) | 11.9 M | 3.6 M | 38.6 M | 5.3 M | 407 K | (98.2 M) | (24 M) | (21.6 M) | (20.5 M) |
| PHUN | (90.2 K) | (90.2 K) | (90.2 K) | (90.2 K) | (90.2 K) | (90.2 K) | (90.2 K) | (25.9 M) | (9.8 M) | (12.9 M) | (22.2 M) | (53.5 M) | (50.9 M) | (52.8 M) | (10.3 M) | (9.3 M) | (9.7 M) |
| SLNH | 1.3 M | 2.4 M | (2.1 M) | 3.7 M | 740 K | (2.8 M) | (359 K) | 582 K | 1.9 M | 323 K | 1.9 M | (5.3 M) | (98.7 M) | (29.2 M) | (63.3 M) | (57 M) | (54.2 M) |
| SURG | (20.5 K) | (655.4 K) | (655.4 K) | (62.3 K) | 33.3 K | (1.3 M) | (4.6 M) | (2 M) | (1.5 M) | (8.4 M) | (10.7 M) | (13.5 M) | (680.8 K) | 20.6 M | (45.7 M) | (41.2 M) | (39.1 M) |
| AMPG | (3.1 K) | (5.6 K) | (193 K) | (144 K) | (770 K) | 50 K | 456.3 K | (97 K) | 329 K | 5.9 K | (1 M) | (4.8 M) | (677.1 K) | (2.5 M) | (11.2 M) | (10.1 M) | (9.6 M) |
Airgain and related stocks such as Mobilicom Limited, Neonode, and Cambium Networks Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Airgain financial statement analysis. It represents the amount of money remaining after all of Airgain operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Airgain Competitive Analysis
The better you understand Airgain competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Airgain'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 Airgain'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 |
Airgain Competition Performance Charts
Five steps to successful analysis of Airgain Competition
Airgain'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 Airgain in relation to its competition. Airgain's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Airgain 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 Airgain's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Airgain, 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.
Complement your Airgain position
In addition to having Airgain 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.Did You Try This Idea?
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Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 constituents at this time.
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Check out Airgain Correlation with its peers. For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Can Electronic Equipment, Instruments & Components industry sustain growth momentum? Does Airgain have expansion opportunities? Factors like these will boost the valuation of Airgain. If investors know Airgain will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Airgain demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (1.00) | Earnings Share (0.51) | Revenue Per Share | Quarterly Revenue Growth (0.13) | Return On Assets |
Understanding Airgain requires distinguishing between market price and book value, where the latter reflects Airgain's accounting equity. The concept of intrinsic value - what Airgain's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Airgain's price substantially above or below its fundamental value.
Understanding that Airgain's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Airgain represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Airgain's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.