Astronics Competitors
| ATRO Stock | USD 73.42 0.95 1.28% |
Astronics vs Insperity Correlation
Poor diversification
The correlation between Astronics and NSP is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Astronics and NSP in the same portfolio, assuming nothing else is changed.
Moving together with Astronics Stock
| 0.89 | BA | Boeing | PairCorr |
| 0.8 | GD | General Dynamics | PairCorr |
| 0.79 | VOYG | Voyager Technologies | PairCorr |
| 0.97 | AIR | AAR Corp | PairCorr |
| 0.75 | FLY | Firefly Aerospace Common | PairCorr |
Moving against Astronics Stock
| 0.88 | PBCRY | Bank Central Asia | PairCorr |
| 0.44 | PBCRF | PT Bank Central | PairCorr |
| 0.39 | NVNIW | Nvni Group Limited | PairCorr |
Astronics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Astronics 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 Astronics 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 Astronics does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Astronics Stock performing well and Astronics 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 Astronics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CDRE | 1.54 | (0.10) | 0.00 | (0.02) | 0.00 | 4.07 | 10.56 | |||
| VOYG | 4.30 | (0.14) | (0.01) | 0.00 | 5.37 | 7.91 | 22.80 | |||
| VVX | 1.47 | 0.16 | 0.09 | 0.23 | 1.61 | 3.81 | 11.60 | |||
| DCO | 1.53 | 0.32 | 0.20 | 0.26 | 1.46 | 4.61 | 12.32 | |||
| AMPX | 4.98 | 0.41 | 0.06 | 2.40 | 5.65 | 11.63 | 29.24 | |||
| KMT | 1.78 | 0.78 | 0.65 | 0.58 | 0.44 | 4.97 | 17.95 | |||
| PBI | 1.28 | 0.04 | 0.02 | 0.11 | 1.41 | 2.65 | 9.16 | |||
| MVST | 3.25 | (1.19) | 0.00 | (0.62) | 0.00 | 6.02 | 18.37 | |||
| EVEX | 2.78 | (0.32) | 0.00 | (0.11) | 0.00 | 5.46 | 19.07 | |||
| NSP | 2.42 | (0.11) | (0.01) | 0.00 | 4.22 | 4.91 | 20.54 |
Cross Equities Net Income Analysis
Compare Astronics and related stocks such as Cadre Holdings, Voyager Technologies, and V2X Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CDRE | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | 38.5 M | 12.7 M | 5.8 M | 38.6 M | 36.1 M | 41.6 M | 23.8 M |
| VOYG | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (25.4 M) | (62.1 M) | (55.9 M) | (58.7 M) |
| VVX | 54 M | 54 M | 74.7 M | 84 M | 22.8 M | 31 M | 23.7 M | 59.5 M | 35.3 M | 33.2 M | 37 M | 45.7 M | (14.3 M) | (22.6 M) | 34.7 M | 31.2 M | 28.5 M |
| DCO | (3.9 M) | (47.6 M) | 16.4 M | 9.3 M | 19.9 M | (73.3 M) | 25.3 M | 20.1 M | 9 M | 32.5 M | 29.2 M | 135.5 M | 28.8 M | 15.9 M | 31.5 M | 36.2 M | 38 M |
| AMPX | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (9.9 M) | (17.3 M) | (36.8 M) | (44.7 M) | (40.2 M) | (38.2 M) |
| KMT | 600 K | 307.2 M | 203.3 M | 158.4 M | (373.9 M) | (226 M) | 49.1 M | 200.2 M | 241.9 M | (5.7 M) | 54.4 M | 144.6 M | 118.5 M | 109.3 M | 93.1 M | 107.1 M | 66.2 M |
| PBI | 150.4 M | 617.5 M | 445.2 M | 142.8 M | 333.8 M | 407.9 M | 111.8 M | 261.3 M | 181.2 M | 13.3 M | (190.5 M) | 3.5 M | 36.9 M | (385.6 M) | 10.2 M | 9.2 M | 8.8 M |
| MVST | (100 M) | (100 M) | (100 M) | (100 M) | (100 M) | (100 M) | (100 M) | (100 M) | (100 M) | (72.6 M) | (49.6 M) | (216 M) | (158.2 M) | (106.3 M) | (195.5 M) | (175.9 M) | (184.7 M) |
| EVEX | (5 M) | (5 M) | (5 M) | (5 M) | (5 M) | (5 M) | (5 M) | (5 M) | (5 M) | (7.7 M) | (16.7 M) | (18.3 M) | (174 M) | (127.7 M) | (138.2 M) | (124.4 M) | (118.1 M) |
| NSP | 1.1 M | 30.5 M | 40.4 M | 32 M | 28 M | 39.4 M | 66 M | 84.4 M | 135.4 M | 151.1 M | 138.2 M | 124.1 M | 179.3 M | 171 M | 91 M | 104.7 M | 58.8 M |
Astronics and related stocks such as Cadre Holdings, Voyager Technologies, and V2X Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Astronics financial statement analysis. It represents the amount of money remaining after all of Astronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Astronics Competitive Analysis
The better you understand Astronics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Astronics' 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 Astronics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Astronics Competition Performance Charts
Five steps to successful analysis of Astronics Competition
Astronics' 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 Astronics in relation to its competition. Astronics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Astronics 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 Astronics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Astronics, 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 Astronics position
In addition to having Astronics 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?
Run Copper Thematic Idea Now
Copper
Companies involved in production of copper. The Copper theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Copper Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Astronics Correlation with its peers. To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Will Aerospace & Defense sector continue expanding? Could Astronics diversify its offerings? Factors like these will boost the valuation of Astronics. If investors know Astronics will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Astronics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.07) | Earnings Share (0.09) | Revenue Per Share | Quarterly Revenue Growth 0.038 | Return On Assets |
Understanding Astronics requires distinguishing between market price and book value, where the latter reflects Astronics's accounting equity. The concept of intrinsic value - what Astronics' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Astronics' price substantially above or below its fundamental value.
Understanding that Astronics' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Astronics represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Astronics' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.