Air Competitors
| AIRI Stock | USD 3.27 0.14 4.11% |
Air Industries vs Eshallgo Correlation
Excellent diversification
The correlation between Air Industries Group and EHGO is -0.54 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Air Industries Group and EHGO in the same portfolio, assuming nothing else is changed.
Moving together with Air Stock
| 0.84 | BA | Boeing | PairCorr |
| 0.78 | GD | General Dynamics | PairCorr |
| 0.77 | VOYG | Voyager Technologies | PairCorr |
| 0.86 | AIR | AAR Corp | PairCorr |
| 0.74 | FLY | Firefly Aerospace Common | PairCorr |
Moving against Air Stock
| 0.78 | PBCRY | Bank Central Asia | PairCorr |
| 0.51 | PBCRF | PT Bank Central | PairCorr |
| 0.34 | NVNIW | Nvni Group Limited | PairCorr |
Air Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Air Industries 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 Air 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 Air Industries Group 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 Air Stock performing well and Air Industries 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 Air Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NCEW | 5.92 | 1.17 | 0.16 | (31.15) | 6.04 | 17.35 | 40.32 | |||
| MNTS | 9.66 | (1.40) | 0.00 | (0.19) | 0.00 | 17.86 | 70.67 | |||
| JYD | 4.37 | (0.41) | 0.00 | 0.51 | 0.00 | 9.60 | 28.60 | |||
| ILAG | 6.38 | (0.73) | 0.00 | (0.39) | 0.00 | 12.55 | 69.73 | |||
| VRME | 5.27 | 0.22 | 0.09 | 0.14 | 4.60 | 12.24 | 68.37 | |||
| HYFM | 4.92 | (0.59) | 0.00 | (0.30) | 0.00 | 12.26 | 47.42 | |||
| LSH | 5.04 | (0.86) | 0.00 | (2.97) | 0.00 | 11.11 | 58.71 | |||
| KITT | 9.44 | (0.22) | 0.03 | 0.05 | 9.53 | 15.58 | 141.67 | |||
| UUU | 4.71 | (0.06) | 0.02 | 0.06 | 6.91 | 12.05 | 42.44 | |||
| EHGO | 3.62 | (0.73) | 0.00 | 0.65 | 0.00 | 9.09 | 34.40 |
Cross Equities Net Income Analysis
Compare Air Industries Group and related stocks such as New Century Logistics, Momentus, and Jayud Global Logistics Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NCEW | 5.5 M | 5.5 M | 5.5 M | 5.5 M | 5.5 M | 5.5 M | 5.5 M | 5.5 M | 5.5 M | 5.5 M | 5.5 M | 7 M | 454.4 K | 220.6 K | 220.6 K | 198.6 K | 188.7 K |
| MNTS | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | (6.2 M) | 62.4 K | (307 M) | 120.7 M | (99.6 M) | (68.9 M) | (34.9 M) | (31.5 M) | (33 M) |
| JYD | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 3.1 M | 10.3 M | 3.9 M | (72.6 M) | (49.6 M) | (44.6 M) | (42.4 M) |
| ILAG | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.3 M) | (1 M) | (1.4 M) | (1.7 M) | (3.5 M) | (3.7 M) | (3.3 M) | (3.2 M) |
| VRME | (1.1 M) | (670 K) | (1.2 M) | (16.4 M) | (7.9 M) | (2.3 M) | (1.6 M) | (3.4 M) | (2.9 M) | (2.5 M) | (5.9 M) | 3.6 M | (14.4 M) | (3.4 M) | (3.8 M) | (3.4 M) | (3.6 M) |
| HYFM | 15.8 M | 15.8 M | 15.8 M | 15.8 M | 15.8 M | 15.8 M | 15.8 M | (82.8 M) | (32.9 M) | (40.1 M) | (7.3 M) | 13.4 M | (285.4 M) | (64.8 M) | (66.7 M) | (60 M) | (63 M) |
| LSH | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | (2.9 K) | 741 K | (225.3 K) | (5.2 M) | (4.7 M) | (4.5 M) |
| KITT | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (9.3 M) | (7.2 M) | (15.1 M) | (28.3 M) | (50.7 M) | (134.9 M) | (121.4 M) | (115.3 M) |
| UUU | 300 K | (503.3 K) | (452.6 K) | (4.5 M) | (3.7 M) | (2.1 M) | (2.1 M) | (2.3 M) | (1.3 M) | (5.8 M) | 268.3 K | (78.2 K) | 720.4 K | (695.8 K) | 500.7 K | 450.6 K | 473.1 K |
| EHGO | 645.5 K | 645.5 K | 645.5 K | 645.5 K | 645.5 K | 645.5 K | 645.5 K | 645.5 K | 645.5 K | 645.5 K | 2 M | 1.8 M | 477.7 K | 8.7 K | (10.8 M) | (9.7 M) | (9.2 M) |
Air Industries Group and related stocks such as New Century Logistics, Momentus, and Jayud Global Logistics Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Air Industries Group financial statement analysis. It represents the amount of money remaining after all of Air Industries Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Air Industries Competitive Analysis
The better you understand Air Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Air Industries' 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 Air Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Air Industries Competition Performance Charts
Five steps to successful analysis of Air Industries Competition
Air Industries' 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 Air Industries Group in relation to its competition. Air Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Air Industries 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 Air Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Air Industries Group, 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.
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Check out Air Industries Correlation with its peers. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is there potential for Aerospace & Defense market expansion? Will Air introduce new products? Factors like these will boost the valuation of Air Industries. If investors know Air will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Air Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.53) | Revenue Per Share | Quarterly Revenue Growth (0.18) | Return On Assets | Return On Equity |
Understanding Air Industries Group requires distinguishing between market price and book value, where the latter reflects Air's accounting equity. The concept of intrinsic value - what Air Industries' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Air Industries' price substantially above or below its fundamental value.
Understanding that Air Industries' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Air Industries represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Air Industries' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.