Air Competitors

Stocks . Germany . 
Stock . Air New Zealand
BZU Stock  EUR 0.31  0.01  3.33%   
Air New Zealand competes with J+J SNACK, DATAGROUP, TreeHouse Foods, AUSTEVOLL SEAFOOD, and National Beverage; as well as few others. The company operates under Other sector and is part of Other industry. Analyzing Air New 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 New to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Air New 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 New competition on your existing holdings.
  
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Intrinsic
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LowRealHigh
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Air New Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Air New 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 New Zealand does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
20V
+ 0.92
JJ1
ZVF
+ 0.65
JJ1
07M
+ 0.64
JJ1
ZVF
+ 0.61
07M
ZVF
+ 0.61
20V
20V
+ 0.53
07M
  
High negative correlations   
20V
- 0.74
T4H
T4H
- 0.59
JJ1
T4H
- 0.37
07M
MLT
- 0.36
T4H
ZVF
- 0.34
T4H
Z85
- 0.19
T4H

Risk-Adjusted Indicators

There is a big difference between Air Stock performing well and Air New 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 New'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 New Competitive Analysis

The better you understand Air New competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Air New'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 New'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
BZU JJ1 D6H 07M T4H Z85 20V ZVF MLT
 3.33 
 0.31 
Air
 1.27 
 160.00 
J+J
 0.80 
 44.35 
DATAGROUP
 1.08 
 0.09 
07M
 3.70 
 33.60 
TreeHouse
 0.23 
 8.66 
AUSTEVOLL
 1.35 
 45.00 
National
 0.00 
 0.22 
INDOFOOD
 2.84 
 34.74 
MICRONIC
Market Volatility
(90 Days Market Risk)
Extremely Dangerous
Very steady
Very steady
Out of control
Very steady
Not too volatile
Very steady
Out of control
Very steady
Market Performance
(90 Days Performance)
Insignificant
OK
Insignificant
OK
Very Weak
Modest
OK
OK
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Quite High
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly 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 Sell
Cautious Hold
Strong Sell
Cautious Hold
Sell
Sell
Sell
Strong Sell
Strong Sell
Current Ratio
N/A
3.55
N/A
N/A
1.64
N/A
3.31
N/A
N/A
Net Asset
8.35 B
1.22 B
483.58 M
23.67 B
4.25 B
43.78 B
467.8 M
37.65 T
6.14 B
Profit Margin
N/A
0.0303
0.0457
N/A
-0.0424
N/A
0.12
N/A
N/A
EBITDA
N/A
115.9 M
3.54 B
N/A
205.9 M
6.28 B
239.66 M
4.35 T
1.26 B
Current Valuation
4.13 B
2.91 B
638.62 M
2.17 B
4.35 B
2.21 B
4.38 B
670.37 M
1.76 B
Price To Book
1.58
3.5
4.84
0.6
1.47
1.07
15.26
0.39
4.54
Operating Margin
N/A
0.0427
0.0846
N/A
0.0225
N/A
0.15
N/A
N/A
Beta
N/A
0.54
1.22
N/A
0.48
N/A
1.02
N/A
N/A
Number Of Employees
19
5 K
3.5 K
N/A
7.5 K
N/A
1.58 K
N/A
N/A
Shares Outstanding
N/A
19.23 M
8.33 M
N/A
56.11 M
N/A
93.35 M
N/A
N/A
Cash Flow From Operations
N/A
26.06 M
7.03 B
N/A
(150.7 M)
4.63 B
133.13 M
3.72 T
998 M
Annual Yield
0.22
0.0193
0.0167
N/A
N/A
0.52
N/A
0.0135
0.28
Total Debt
1.59 B
55 M
112.46 M
5.65 B
1.39 B
6.69 B
30 M
3.09 T
N/A
Return On Equity
N/A
0.0502
0.2
N/A
-0.0091
N/A
0.37
N/A
N/A
Z Score
0.6
29.2
26.5
N/A
0.6
N/A
82.4
N/A
N/A
Return On Asset
N/A
0.0323
0.0574
N/A
0.0103
N/A
0.2
N/A
N/A
Book Value Per Share
N/A
44.71
16.33
N/A
30.07
N/A
3.21
N/A
N/A
Total Asset
8.35 B
1.22 B
483.58 M
23.67 B
4.25 B
43.78 B
467.8 M
37.65 T
6.14 B
Last Dividend Paid
0.11
2.67
1.1
N/A
N/A
N/A
N/A
0.007
2.0
Debt To Equity
N/A
0.065
N/A
N/A
120.9
N/A
N/A
N/A
N/A
Target Price
N/A
N/A
95.71
N/A
42.13
N/A
43.67
N/A
N/A
Shares Owned By Institutions
N/A
76.93
12.6
N/A
98.87
N/A
24.19
N/A
N/A
Market Capitalization
2.12 B
2.6 B
558.21 M
1.2 B
2.61 B
2.05 B
4.05 B
285.92 M
1.93 B
Price To Earnings To Growth
0.87
N/A
N/A
N/A
0.94
N/A
4.04
N/A
N/A
Price To Earning
N/A
N/A
N/A
N/A
N/A
N/A
12.62
N/A
N/A
Price To Sales
0.42
2.02
1.1
0.67
0.52
0.58
3.61
0.25
4.05
Net Income
N/A
47.23 M
2.2 B
N/A
(146.3 M)
1.98 B
158.51 M
754.73 B
828 M
Earnings Per Share
N/A
2.09
2.53
N/A
-0.28
N/A
1.37
N/A
N/A
Shares Owned By Insiders
N/A
22.44
57.7
N/A
1.13
N/A
74.86
N/A
N/A
Revenue
N/A
1.38 B
501.41 M
N/A
3.45 B
26.57 B
1.14 B
19.66 T
4.63 B
Cash And Equivalents
N/A
286.17 M
47.04 M
N/A
79 M
N/A
156.2 M
N/A
N/A
Cash Per Share
N/A
15.01
N/A
N/A
1.41
N/A
3.35
N/A
N/A
Gross Profit
N/A
369.64 M
96.33 M
N/A
517 M
N/A
417.81 M
N/A
N/A
Day Typical Price
0.3
160.0
43.78
0.0915
33.6
8.7
45.0
0.22
34.43
Accumulation Distribution
0.0968
N/A
0.0383
N/A
N/A
0.0125
N/A
N/A
0.0288
Market Facilitation Index
0.03
N/A
1.7
N/A
N/A
0.11
N/A
N/A
1.0
Daily Balance Of Power
0.3333
9.2 T
0.2059
(9,223,372,036,855)
9.2 T
0.1818
9.2 T
0.0
0.96
Period Momentum Indicator
0.01
2.0
0.35
(0)
1.2
0.02
0.6
N/A
0.96
Rate Of Daily Change
1.03
1.01
1.01
0.99
1.04
1.0
1.01
1.0
1.03
Day Median Price
0.3
160.0
43.5
0.0915
33.6
8.72
45.0
0.22
34.28
Price Action Indicator
0.02
1.0
1.03
(0.0005)
0.6
(0.04)
0.3
N/A
0.94
Coefficient Of Variation
2594.26
974.26
14851.22
764.04
(4,411)
1227.15
838.71
1363.78
1587.55
Mean Deviation
0.8175
0.6324
1.84
2.49
1.49
1.09
1.0
1.27
1.58
Jensen Alpha
(0.01)
0.0384
0.0676
0.3582
(0.15)
0.0448
0.1522
0.1994
0.0357
Total Risk Alpha
(0.20)
(0.06)
(0.40)
(0.1)
(0.48)
(0.11)
(0.06)
(0.20)
(0.22)
Sortino Ratio
(0.02)
(0.02)
(0.05)
0.0973
N/A
(0.01)
0.0312
0.0086
0.0071
Downside Variance
12.98
1.34
4.61
12.26
N/A
2.16
2.11
24.53
3.97
Standard Deviation
1.63
0.978
2.61
3.59
2.63
1.41
1.46
2.34
2.27
Kurtosis
1.61
3.83
6.44
2.25
23.83
0.7224
4.3
1.31
4.89
Potential Upside
3.45
1.33
3.85
5.82
2.67
2.31
2.54
4.76
3.24
Treynor Ratio
0.0975
0.2065
(0.02)
0.5385
(0.10)
0.2072
1.66
(0.50)
0.1622
Maximum Drawdown
6.9
5.69
13.58
20.53
19.35
7.05
8.72
9.81
14.16
Variance
2.65
0.9565
6.83
12.87
6.9
1.99
2.13
5.46
5.14
Market Risk Adjusted Performance
0.1075
0.2165
(0.01)
0.5485
(0.09)
0.2172
1.67
(0.49)
0.1722
Risk Adjusted Performance
0.0348
0.0806
0.0122
0.1079
(0.01)
0.0669
0.0959
0.0628
0.0548
Skewness
0.1198
1.13
1.46
0.291
(3.83)
(0.27)
0.6207
0.1907
1.07
Semi Deviation
1.14
0.5786
2.11
2.79
N/A
1.38
1.12
1.57
1.78
Information Ratio
(0.04)
(0.03)
(0.04)
0.095
(0.07)
(0.01)
0.0311
0.0183
0.0063
Value At Risk
(3.33)
(1.32)
(3.48)
(4.15)
(3.11)
(2.01)
(1.94)
(4.55)
(3.21)
Expected Short fall
(3.43)
(1.20)
(2.18)
(3.40)
N/A
(1.14)
(1.28)
(4.82)
(1.72)
Downside Deviation
3.6
1.16
2.15
3.5
N/A
1.47
1.45
4.95
1.99
Semi Variance
1.3
0.3348
4.46
7.8
N/A
1.9
1.27
2.45
3.18

Air New Competition Performance Charts

Five steps to successful analysis of Air New Competition

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

In addition to having Air New 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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Baby Boomer Prospects
Baby Boomer Prospects Theme
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 98 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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Other Information on Investing in Air Stock

Air New financial ratios help investors to determine whether Air Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Air with respect to the benefits of owning Air New security.
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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