Air Competitors

Stocks . Germany . 
Stock . Air Transport Services
AW8 Stock  EUR 20.80  0.20  0.97%   
Air Transport Services competes with GEAR4MUSIC, Harmony Gold, REVO INSURANCE, Webster Financial, and Zoom Video; as well as few others. The company classifies itself under Industrials sector and is part of Airports & Air Services industry. Analyzing Air Transport competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Air Transport to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Air Transport Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Air Transport competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
16.9720.8024.63
Details
Intrinsic
Valuation
LowRealHigh
18.4722.3026.13
Details

Air Transport Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Air Transport 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 Transport Services does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
5ZM
+ 0.95
WED
WED
+ 0.91
H0O
5ZM
+ 0.85
H0O
71F
+ 0.74
WED
71F
+ 0.7
H0O
FJZ
+ 0.68
HAM
  
High negative correlations   
71F
- 0.68
G4A
WED
- 0.65
G4A
5ZM
- 0.64
G4A
H0O
- 0.63
G4A
FJZ
- 0.22
G4A
0VD0
- 0.19
5ZM

Risk-Adjusted Indicators

There is a big difference between Air Stock performing well and Air Transport 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 Transport'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.
All Fundamental Data

Air Transport Competitive Analysis

The better you understand Air Transport competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Air Transport'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 Transport'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
AW8 G4A HAM H0O WED 5ZM 71F 0VD0 FJZ
 0.97 
 20.80 
Air
 5.17 
 1.83 
GEAR4MUSIC
 3.91 
 9.30 
Harmony
 0.48 
 10.45 
REVO
 2.73 
 56.50 
Webster
 6.18 
 82.17 
Zoom
 2.05 
 39.80 
VIRG
 0.90 
 11.00 
UNIVMUSIC
 1.09 
 1.81 
Zijin
Market Volatility
(90 Days Market Risk)
Not too volatile
Risky
Slightly risky
Not too volatile
Very steady
Very steady
Very steady
Not too volatile
Dangerous
Market Performance
(90 Days Performance)
Good
Very Weak
Insignificant
Solid
Good
Solid
OK
Very Weak
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Quite High
Low
Low
Low
Unknown
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Over Valued
Fairly Valued
Under Valued
Under 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
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Strong Sell
Strong Sell
Cautious Hold
Sell
Strong Hold
Cautious Hold
Strong Sell
Strong Sell
Current Ratio
0.99
1.86
1.38
N/A
N/A
N/A
N/A
0.85
Net Asset
3.59 B
N/A
46.81 B
N/A
71.28 B
8.13 B
N/A
208.59 B
Profit Margin
0.0971
0.0103
-0.0247
N/A
0.29
N/A
N/A
0.0808
EBITDA
307.36 M
3.7 M
(340 M)
N/A
N/A
327.75 M
N/A
34.76 B
Operating Margin
0.15
0.0228
0.099
N/A
0.39
N/A
N/A
0.11
Current Valuation
3.18 B
N/A
2.12 B
N/A
4.27 B
15.5 B
N/A
48.72 B
Price To Book
1.34
N/A
1.26
N/A
1.04
3.66
N/A
2.97
Five Year Return
N/A
N/A
N/A
N/A
1.98
N/A
N/A
3.52
Beta
0.72
1.07
0.82
N/A
1.28
N/A
N/A
1.48
Number Of Employees
11
558
9
N/A
10
N/A
9.21 K
43.88 K
Shares Outstanding
72.33 M
20.98 M
618.03 M
N/A
174.01 M
N/A
N/A
5.74 B
Cash Flow From Operations
472.12 M
14.89 M
6.92 B
N/A
688.59 M
1.29 B
N/A
26.07 B
Annual Yield
N/A
N/A
0.0132
N/A
0.0301
N/A
N/A
0.0204
Total Debt
1.46 B
12.89 M
3.18 B
N/A
6.53 B
N/A
N/A
49.42 B
Return On Equity
0.14
0.0425
-0.033
N/A
0.11
N/A
N/A
0.24
Z Score
N/A
0.6
N/A
N/A
0.6
N/A
N/A
1.0
Return On Asset
0.0557
0.024
0.0552
N/A
0.0121
N/A
N/A
0.0738
Book Value Per Share
19.65
1.76
48.73
N/A
44.67
N/A
N/A
3.23
Total Asset
3.59 B
N/A
46.81 B
N/A
71.28 B
8.13 B
N/A
208.59 B
Debt To Equity
372.8
0.38
23.2
N/A
N/A
N/A
N/A
85.1
Target Price
32.5
N/A
3.32
N/A
60.91
N/A
N/A
N/A
Last Dividend Paid
N/A
N/A
0.62
N/A
1.6
N/A
N/A
0.2
Shares Owned By Institutions
97.26
49.84
33.97
N/A
87.98
N/A
N/A
50.09
Market Capitalization
1.42 B
22.03 M
1.81 B
N/A
8.5 B
48.88 B
N/A
42.04 B
Price To Earning
24.16
13.87
N/A
N/A
10.23
N/A
N/A
11.61
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
11.54
N/A
N/A
Price To Sales
0.96
N/A
0.044
N/A
3.86
5.07
N/A
0.14
Net Income
198.58 M
12.64 M
(1.05 B)
N/A
644.28 M
103.71 M
N/A
15.67 B
Earnings Per Share
1.93
0.08
-0.09
N/A
3.51
N/A
N/A
0.11
Shares Owned By Insiders
1.9
24.72
N/A
N/A
1.06
N/A
N/A
0.34
Revenue
2.05 B
149.24 M
42.65 B
N/A
2.47 B
4.39 B
N/A
225.1 B
Cash And Equivalents
49.41 M
6.2 M
52.12 M
N/A
203.44 M
N/A
N/A
1.7 B
Cash Per Share
0.84
0.3
0.12
N/A
2.21
N/A
N/A
0.07
Gross Profit
836.88 M
41.13 M
9.05 B
N/A
2.19 B
N/A
N/A
34.69 B
Day Typical Price
20.8
1.83
9.4
10.42
56.5
80.51
39.73
10.97
1.81
Accumulation Distribution
N/A
N/A
0.0312
0.0096
N/A
0.0606
0.005
0.0091
0.0055
Market Facilitation Index
N/A
N/A
0.3
0.1
N/A
4.98
0.2
0.1
0.01
Daily Balance Of Power
9.2 T
9.2 T
1.166667
0.5
9.2 T
0.9598
4.0
(1.00)
(2.00)
Period Momentum Indicator
0.2
0.09
0.35
0.05
1.5
4.78
0.8
(0.10)
(0.02)
Rate Of Daily Change
1.01
1.05
1.04
1.0
1.03
1.06
1.02
0.99
0.99
Day Median Price
20.8
1.83
9.45
10.4
56.5
79.68
39.7
10.95
1.81
Price Action Indicator
0.1
0.045
0.025
0.075
0.75
4.88
0.5
N/A
(0.01)
Coefficient Of Variation
578.37
(876.04)
4803.64
424.72
554.05
449.93
693.08
(5,166)
3496.93
Mean Deviation
2.03
1.25
2.96
0.8107
2.12
1.37
1.61
0.983
3.16
Jensen Alpha
0.5605
(0.23)
(0.1)
0.2745
0.619
0.3718
0.3256
(0.06)
0.1738
Total Risk Alpha
0.057
(0.55)
(0.51)
0.0797
0.0709
0.117
(0.04)
(0.25)
(0.54)
Sortino Ratio
0.1857
N/A
(0.01)
0.143
0.216
0.1925
0.0891
N/A
(0)
Downside Variance
8.06
N/A
12.04
0.8884
4.32
2.31
6.54
N/A
18.46
Standard Deviation
3.79
2.02
3.73
1.12
3.2
1.89
2.47
1.4
4.15
Kurtosis
24.92
2.17
(0.12)
2.41
8.37
2.1
3.74
0.1485
0.5517
Potential Upside
3.68
3.57
7.88
1.85
4.97
3.57
4.78
2.04
6.75
Treynor Ratio
0.8994
4.56
0.049
(1.43)
(1.31)
1.24
1.95
(0.21)
(0.20)
Maximum Drawdown
26.61
10.45
14.78
5.67
20.23
9.29
12.8
6.16
18.51
Variance
14.38
4.08
13.91
1.25
10.24
3.59
6.11
1.96
17.26
Market Risk Adjusted Performance
0.9094
4.57
0.059
(1.42)
(1.30)
1.25
1.96
(0.20)
(0.19)
Risk Adjusted Performance
0.1401
(0.08)
0.0239
0.1831
0.1456
0.1758
0.1172
(0.01)
0.03
Skewness
3.81
(0.36)
0.4363
0.9678
2.25
0.7707
0.4396
(0.02)
0.0729
Semi Deviation
1.92
N/A
3.31
0.5005
1.62
1.26
1.8
N/A
4.01
Information Ratio
0.139
(0.18)
(0.01)
0.1205
0.1403
0.1544
0.0922
(0.11)
(0)
Value At Risk
(2.76)
(4.39)
(5.38)
(1.29)
(3.31)
(2.38)
(2.33)
(2.59)
(7.57)
Expected Short fall
(3.05)
N/A
(3.33)
(1.09)
(2.68)
(1.71)
(2.33)
N/A
(3.38)
Downside Deviation
2.84
N/A
3.47
0.9426
2.08
1.52
2.56
N/A
4.3
Semi Variance
3.68
N/A
10.93
0.2505
2.63
1.59
3.25
N/A
16.1

Air Transport Competition Performance Charts

Five steps to successful analysis of Air Transport Competition

Air Transport'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 Transport Services in relation to its competition. Air Transport's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Air Transport 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 Transport's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Air Transport Services, 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.

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Additional Information and Resources on Investing in Air Stock

When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
How To Invest In Air
Details
Is Air Stock a good investment?
Details
What is Air Transport's Net Worth?
Details
Largest Air Freight & Logistics Companies
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Largest Transportation Companies
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Check out Air Transport Correlation with its peers.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Altman
Z Score
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Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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