Alaska Competitors
| ALK Stock | USD 55.26 0.43 0.77% |
Alaska Air vs Arcosa Correlation
Very poor diversification
The correlation between Alaska Air Group and ACA is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alaska Air Group and ACA in the same portfolio, assuming nothing else is changed.
Moving together with Alaska Stock
Moving against Alaska Stock
The value of Return On Tangible Assets is estimated to slide to 0.01. The value of Return On Capital Employed is expected to slide to 0.02. At this time, Alaska Air's Intangibles To Total Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 1.45 this year, although the value of Net Tangible Assets will most likely fall to about 3.1 B.Alaska Air Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alaska Air 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 Alaska 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 Alaska Air 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 Alaska Stock performing well and Alaska Air 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 Alaska Air'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OMAB | 1.42 | 0.35 | 0.26 | 0.44 | 0.99 | 4.68 | 9.66 | |||
| CPA | 1.48 | 0.24 | 0.10 | 0.30 | 2.05 | 3.47 | 13.17 | |||
| BCO | 1.14 | 0.13 | 0.11 | 0.19 | 1.11 | 2.91 | 7.05 | |||
| BZ | 1.59 | (0.29) | 0.00 | (0.62) | 0.00 | 3.03 | 11.69 | |||
| SKYW | 1.67 | (0.03) | 0.01 | 0.05 | 1.82 | 4.03 | 9.26 | |||
| POWL | 2.69 | 0.71 | 0.17 | 0.60 | 3.28 | 6.39 | 20.16 | |||
| ECG | 2.59 | (0.03) | 0.01 | 0.05 | 3.75 | 4.81 | 18.20 | |||
| MSM | 1.37 | 0.03 | 0.02 | 0.10 | 1.74 | 3.50 | 10.04 | |||
| GVA | 1.02 | 0.35 | 0.32 | 0.47 | 0.68 | 2.62 | 5.83 | |||
| ACA | 1.14 | 0.30 | 0.25 | 0.38 | 0.86 | 3.06 | 6.60 |
Cross Equities Net Income Analysis
Compare Alaska Air Group and related stocks such as Grupo Aeroportuario del, Copa Holdings SA, and Brinks Company Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OMAB | 25.8 M | 616.1 M | 810.2 M | 1.2 B | 1 B | 1.2 B | 1.9 B | 2.1 B | 2.9 B | 3.2 B | 1.1 B | 2.9 B | 3.9 B | 5 B | 4.9 B | 5.7 B | 6 B |
| CPA | 14.8 M | 310.4 M | 326.5 M | 427.5 M | 361.7 M | (225 M) | 334.5 M | 364 M | 88.2 M | 247 M | (607.1 M) | 43.8 M | 348.1 M | 514.1 M | 608.1 M | 699.3 M | 734.3 M |
| BCO | 26.9 M | 74.5 M | 88.9 M | 56.8 M | (83.9 M) | (11.9 M) | 34.5 M | 16.7 M | (33.3 M) | 29 M | 16 M | 105.2 M | 170.6 M | 87.7 M | 162.9 M | 187.3 M | 196.7 M |
| BZ | (502.1 M) | (502.1 M) | (502.1 M) | (502.1 M) | (502.1 M) | (502.1 M) | (502.1 M) | (502.1 M) | (502.1 M) | (502.1 M) | (937.8 M) | (1.1 B) | 107.2 M | 1.1 B | 1.6 B | 1.8 B | 1.9 B |
| SKYW | 2.4 M | (27.3 M) | 51.2 M | 59 M | (24.2 M) | 117.8 M | (161.6 M) | 428.9 M | 280.4 M | 340.1 M | (8.5 M) | 111.9 M | 73 M | 34.3 M | 323 M | 428.3 M | 449.8 M |
| POWL | (2.6 M) | 29.7 M | 42.1 M | 29.2 M | 9.4 M | 15.5 M | (9.5 M) | (7.2 M) | 9.9 M | 16.7 M | 631 K | 13.7 M | 54.5 M | 149.8 M | 180.7 M | 207.9 M | 218.3 M |
| ECG | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 124.8 M | 137.2 M | 143.4 M | 164.9 M | 141.6 M |
| MSM | 20.6 M | 259 M | 238 M | 236.1 M | 231.3 M | 231.2 M | 231.4 M | 329.2 M | 288.9 M | 251.1 M | 216.9 M | 339.8 M | 343.2 M | 258.6 M | 199.3 M | 229.2 M | 190 M |
| GVA | 15 M | 51.2 M | 45.3 M | (36.4 M) | 25.3 M | 60.5 M | 57.1 M | 34.1 M | 582 K | 53.7 M | (145.1 M) | 10.1 M | 83.3 M | 43.6 M | 126.3 M | 145.3 M | 152.6 M |
| ACA | 135 M | 135 M | 135 M | 135 M | 135 M | 135 M | 123 M | 89.7 M | 75.7 M | 113.3 M | 106.6 M | 69.6 M | 245.8 M | 159.2 M | 93.7 M | 107.8 M | 133.3 M |
Alaska Air Group and related stocks such as Grupo Aeroportuario del, Copa Holdings SA, and Brinks Company Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Alaska Air Group financial statement analysis. It represents the amount of money remaining after all of Alaska Air Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Alaska Air Competitive Analysis
The better you understand Alaska Air competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alaska Air'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 Alaska Air'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 |
Alaska Air Competition Performance Charts
Five steps to successful analysis of Alaska Air Competition
Alaska Air'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 Alaska Air Group in relation to its competition. Alaska Air's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Alaska Air 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 Alaska Air's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alaska Air 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 Alaska Air Correlation with its peers. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alaska Air. If investors know Alaska will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Alaska Air assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.68) | Earnings Share 0.81 | Revenue Per Share | Quarterly Revenue Growth 0.028 | Return On Assets |
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Alaska Air's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alaska Air represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Alaska Air's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.