Air Competitors

AIRLINK Stock

131.22 2.16 1.67%

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Air Link Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Air Link 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 Link Communication does not affect the price movement of the other competitor.

	DAAG	GRYL	HICL	JLICL	EFUG	PAKD
DAAG		0.81	0.61	-0.45	-0.35	0.73	DAAG
GRYL	0.81		0.59	-0.37	-0.23	0.69	GRYL
HICL	0.61	0.59		0.06	0.29	0.71	HICL
JLICL	-0.45	-0.37	0.06		0.74	-0.07	JLICL
EFUG	-0.35	-0.23	0.29	0.74		0.07	EFUG
PAKD	0.73	0.69	0.71	-0.07	0.07		PAKD
	DAAG	GRYL	HICL	JLICL	EFUG	PAKD

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High positive correlations

GRYL	+ 0.81	DAAG
EFUG	+ 0.74	JLICL
PAKD	+ 0.73	DAAG
PAKD	+ 0.71	HICL
PAKD	+ 0.69	GRYL
HICL	+ 0.61	DAAG

High negative correlations

JLICL	- 0.45	DAAG
JLICL	- 0.37	GRYL
EFUG	- 0.35	DAAG
EFUG	- 0.23	GRYL
PAKD	- 0.07	JLICL

Risk-Adjusted Indicators

There is a big difference between Air Stock performing well and Air Link 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 Link'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
DAAG	3.01	(0.42)	0.00	(2.68)	0.00	0.00	10.00	(5.98)	17.33
GRYL	1.98	(0.28)	0.00	(12.82)	0.00	0.00	5.85	(4.01)	17.61
HICL	2.18	0.06	(0.01)	0.59	3.22	(2.86)	5.00	(6.72)	14.69
JLICL	1.48	0.19	0.02	(0.57)	1.46	(1.73)	3.47	(2.74)	8.60
EFUG	2.42	0.71	0.15	(3.29)	2.41	(3.07)	9.09	(4.24)	17.95
PAKD	1.93	(0.14)	0.00	1.60	0.00	0.00	3.53	(3.72)	12.08

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Air Link Competitive Analysis

The better you understand Air Link competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Air Link'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 Air Link'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

	AIRLINK	DAAG	GRYL	HICL	JLICL	EFUG	PAKD
	1.67 131.22 Air	1.20 79.00 Data	2.08 4.71 Grays	5.71 6.60 Habib	1.63 143.30 Jubilee	4.37 130.46 EFU	2.33 72.19 Pak
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Moderately volatile	Slightly risky	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	OK	Good	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Total Asset		N/A	N/A	N/A	N/A	210.67 B	N/A
Net Income		N/A	N/A	N/A	N/A	2.78 B	N/A
Cash Flow From Operations		N/A	N/A	N/A	N/A	1.84 B	N/A
Net Asset		N/A	N/A	N/A	N/A	210.67 B	N/A
Day Typical Price	130.18	78.93	4.72	6.73	144.42	130.09	72.7
Accumulation Distribution	76329.62	148.22	0.0084	287.83	3876.35	94.95	2300.55
Market Facilitation Index	0.0	3.0E-4	0.04	1.0E-4	2.0E-4	0.0075	2.0E-4
Daily Balance Of Power	0.4083	(0.55)	(2.50)	(1.00)	0.2312	0.5571	(0.31)
Period Momentum Indicator	2.16	(0.96)	(0.10)	(0.40)	2.3	5.46	(1.72)
Rate Of Daily Change	1.02	0.99	0.98	0.94	1.02	1.04	0.98
Day Median Price	129.66	78.89	4.73	6.8	144.98	129.9	72.95
Price Action Indicator	2.64	(0.37)	(0.07)	(0.40)	(0.52)	3.29	(1.62)
Coefficient Of Variation	(11,700)	(1,058)	(1,145)	3764.45	1160.26	514.55	(1,942)
Mean Deviation	1.69	3.01	1.98	2.18	1.48	2.42	1.93
Jensen Alpha	0.0099	(0.42)	(0.28)	0.0638	0.1881	0.7107	(0.14)
Total Risk Alpha	(0.41)	(1.05)	(0.76)	(0.45)	(0.15)	0.1219	(0.58)
Sortino Ratio	N/A	N/A	N/A	(0.01)	0.02	0.1528	N/A
Downside Variance	N/A	N/A	N/A	25.43	2.92	13.66	N/A
Standard Deviation	2.41	4.12	3.07	3.4	1.91	3.58	2.74
Kurtosis	1.9	0.7894	3.14	0.8325	0.5962	1.78	3.09
Potential Upside	5.67	10.0	5.85	5.0	3.47	9.09	3.53
Treynor Ratio	0.0914	(2.68)	(12.82)	0.5904	(0.57)	(3.29)	1.6
Maximum Drawdown	12.66	17.33	17.61	14.69	8.6	17.95	12.08
Variance	5.82	16.97	9.43	11.54	3.67	12.81	7.51
Market Risk Adjusted Performance	0.1014	(2.67)	(12.81)	0.6004	(0.56)	(3.28)	1.61
Risk Adjusted Performance	3.0E-4	(0.06)	(0.06)	0.0281	0.0721	0.1569	(0.03)
Skewness	0.8212	0.9442	0.0539	(0.43)	0.6201	0.4586	0.3514
Semi Deviation	N/A	N/A	N/A	3.22	1.46	2.41	N/A
Information Ratio	(0.06)	(0.13)	(0.13)	(0.01)	0.0179	0.1578	(0.1)
Value At Risk	(3.43)	(5.98)	(4.01)	(6.72)	(2.74)	(4.24)	(3.72)
Expected Short fall	N/A	N/A	N/A	(2.86)	(1.73)	(3.07)	N/A
Downside Deviation	N/A	N/A	N/A	5.04	1.71	3.7	N/A
Semi Variance	N/A	N/A	N/A	10.34	2.12	5.79	N/A

Air Link Competition Performance Charts

Five steps to successful analysis of Air Link Competition

Air Link'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 Air Link Communication in relation to its competition. Air Link's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Air Link 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 Link's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Air Link Communication, 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.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Air Link position

In addition to having Air Link 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.

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