Compare Cebu to Finnair, EasyJet, Norse, Air, Air, Air

Comparing Cebu to Finnair, EasyJet, Norse, Air, Air, Air can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.
Specify up to 10 symbols:

Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
AFRAF
+ 0.62
FNNNF
AICAF
+ 0.58
EJTTF
AFRAF
+ 0.56
EJTTF
ANZFF
+ 0.54
FNNNF
AFRAF
+ 0.26
AICAF
AICAF
+ 0.16
NRSAF
  
High negative correlations   
AFRAF
- 0.74
NRSAF
NRSAF
- 0.65
FNNNF
ANZFF
- 0.43
EJTTF
ANZFF
- 0.29
NRSAF
AICAF
- 0.22
ANZFF
NRSAF
- 0.19
EJTTF

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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

Competitive Analysis

    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
CEBUF FNNNF EJTTF NRSAF ANZFF AICAF AFRAF
 0.00 
 0.01 
Cebu
 0.00 
 2.29 
Finnair
 6.92 
 6.19 
EasyJet
 13.33 
 0.34 
Norse
 6.90 
 0.31 
Air
 0.00 
 0.50 
Air
 0.38 
 7.97 
Air
Market Volatility
(90 Days Market Risk)
Very steady
Relatively risky
Slightly risky
Out of control
Out of control
Abnormally volatile
Somewhat reliable
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Modest
OK
Very Weak
Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Below Average
Below Average
Average
Below Average
Below Average
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Under 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
Cautious Hold
Strong Buy
Strong Sell
Strong Sell
Strong Sell
Strong Buy
Current Ratio
0.73 X
1.03 X
1.22 X
57.06 X
0.79 X
0.37 X
0.89 X
Net Asset
138.25 B
4.05 B
10.45 B
N/A
8.35 B
298.42 B
30.68 B
Profit Margin
(0.34) %
(0.29) %
(0.03) %
N/A
(0.22) %
(0.58) %
0 %
EBITDA
(10.06 B)
(173.7 M)
499 M
(8.68 M)
(48 M)
4.6 B
(521 M)
Operating Margin
(0.38) %
(0.14) %
(0) %
(16.88) %
(0.25) %
(0.53) %
0.05 %
Current Valuation
1.89 B
1.93 B
4.38 B
N/A
4.36 B
47.33 B
10.19 B
Price To Book
49.81 X
1.57 X
1.12 X
N/A
1.56 X
2.73 X
15.04 X
Retained Earnings
22.55 B
302 M
1.92 B
N/A
(120 M)
41.76 B
(4.06 B)
Current Asset
11.23 B
1.34 B
1.45 B
N/A
2.34 B
20.75 B
7.56 B
Five Year Return
N/A
N/A
3.62 %
N/A
N/A
1.57 %
N/A
Beta
1.04
1.47
2.47
N/A
1.42
0.94
1.91
Number Of Employees
3.05 K
5.33 K
14.44 K
62
8.86 K
88.39 K
72.44 K
Shares Outstanding
617.64 M
1.41 B
758 M
206.08 M
3.37 B
4.56 B
2.57 B
Cash Flow From Operations
(6.26 B)
(25.3 M)
776 M
(6.78 M)
550 M
12.89 B
1.53 B
Annual Yield
0.04 %
N/A
0.07 %
N/A
0.24 %
0.01 %
N/A
Total Debt
54.28 B
986.2 M
2.76 B
N/A
1.59 B
53.12 B
8.37 B
Return On Equity
-2.4
-1.35
-0.0653
N/A
-0.43
-0.73
N/A
Z Score
N/A
N/A
0.6
N/A
0.6
N/A
N/A
Return On Asset
-0.0761
-0.0433
-6.0E-4
N/A
-0.0557
-0.0668
0.0216
Book Value Per Share
(1.74) X
0.25 X
3.35 X
1.35 X
0.50 X
2.42 X
(1.29) X
Current Liabilities
27.52 B
925 M
1.57 B
N/A
2.47 B
66.83 B
11.36 B
Total Asset
138.25 B
4.05 B
10.45 B
N/A
8.35 B
298.42 B
30.68 B
Target Price
51.0
N/A
N/A
N/A
N/A
N/A
N/A
Debt To Equity
N/A
9.04 %
1.70 %
N/A
2.01 %
4.25 %
N/A
Shares Owned By Institutions
7.92 %
9.51 %
36.25 %
8.15 %
7.01 %
13.09 %
7.55 %
Market Capitalization
725.62 M
773.85 M
4.43 B
71.31 M
1.76 B
22.44 B
4.37 B
Price To Earning
6.60 X
8.43 X
12.58 X
N/A
5.55 X
13.98 X
3.61 X
Price To Earnings To Growth
N/A
N/A
N/A
N/A
0.87 X
4.73 X
N/A
Price To Sales
0.02 X
0.35 X
0.63 X
5.58 X
0.62 X
0.36 X
0.14 X
Net Income
(24.9 B)
(464.3 M)
(169 M)
(7.84 M)
(591 M)
(16.64 B)
(3.29 B)
Earnings Per Share
(0.79) X
(0.40) X
(1.31) X
(0.12) X
(0.28) X
(0.21) X
(4.28) X
Shares Owned By Insiders
66.45 %
56.50 %
16.22 %
6.39 %
52.40 %
62.63 %
52.78 %
Revenue
15.74 B
838.4 M
5.77 B
2.97 M
2.73 B
74.53 B
14.3 B
Working Capital
(16.29 B)
414 M
(119 M)
N/A
(132 M)
(46.08 B)
(3.8 B)
Cash And Equivalents
24.24 B
1.64 B
3.5 B
N/A
1.79 B
20.56 B
8.17 B
Cash Per Share
39.33 X
1.17 X
4.65 X
N/A
0.53 X
1.41 X
3.18 X
Gross Profit
(5.68 B)
(158.9 M)
1.36 B
(5.48 M)
410 M
(11.36 B)
1.68 B
Day Typical Price
0.012
2.29
6.19
0.34
0.31
0.5
7.97
Daily Balance Of Power
0.0
0.0
(9,223,372,036,855)
9.2 T
9.2 T
0.0
(9,223,372,036,855)
Period Momentum Indicator
N/A
N/A
(0.46)
0.04
0.02
N/A
(0.03)
Rate Of Daily Change
1.0
1.0
0.93
1.13
1.07
1.0
1.0
Day Median Price
0.012
2.29
6.19
0.34
0.31
0.5
7.97
Price Action Indicator
N/A
N/A
(0.23)
0.02
0.01
N/A
(0.01)
Relative Strength Index
N/A
22.86
100.0
52.19
73.0
49.35
100.0
Coefficient Of Variation
N/A
(1,636)
1253.52
1015.75
(3,692)
4046.58
(11,277)
Mean Deviation
N/A
0.4642
0.6781
4.1
1.67
0.7175
0.5255
Jensen Alpha
N/A
(0.09)
0.1929
0.6672
(0.06)
0.0202
(0.06)
Total Risk Alpha
N/A
(0.42)
(0.24)
(0.52)
(0.61)
(0.36)
(0.44)
Sortino Ratio
N/A
N/A
N/A
0.0651
N/A
N/A
N/A
Downside Variance
N/A
N/A
N/A
120.06
N/A
N/A
N/A
Standard Deviation
N/A
1.87
2.92
8.57
3.23
2.63
2.58
Kurtosis
N/A
44.16
55.37
16.78
2.9
19.93
35.22
Potential Upside
N/A
N/A
N/A
13.33
6.06
N/A
N/A
Treynor Ratio
N/A
0.51
0.8897
0.6048
0.2948
0.1908
(0.13)
Maximum Drawdown
N/A
19.58
29.53
50.0
18.75
26.51
28.47
Variance
N/A
3.5
8.55
73.45
10.46
6.91
6.66
Market Risk Adjusted Performance
N/A
0.52
0.8997
0.6148
0.3048
0.2008
(0.12)
Risk Adjusted Performance
N/A
(0.04)
0.0686
0.0846
(0.01)
0.026
2.0E-4
Skewness
N/A
(5.36)
6.88
3.1
(0.52)
(0.17)
(3.09)
Semi Deviation
N/A
N/A
N/A
4.0
N/A
N/A
N/A
Information Ratio
N/A
(0.13)
0.035
0.0832
(0.07)
(0.03)
(0.06)
Value At Risk
N/A
N/A
N/A
(10.00)
(8.33)
N/A
N/A
Expected Short fall
N/A
N/A
N/A
(17.76)
N/A
N/A
N/A
Downside Deviation
N/A
N/A
N/A
10.96
N/A
N/A
N/A
Semi Variance
N/A
N/A
N/A
15.99
N/A
N/A
N/A

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.
Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Casinos Idea
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Invested few shares
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Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
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Banking
Invested over 20 shares
Go
Momentum Idea
Momentum
Invested over 40 shares
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Driverless Cars Idea
Driverless Cars
Invested few shares
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Manufacturing Idea
Manufacturing
Invested over 30 shares
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Business Services Idea
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Invested few shares
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Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
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Investor Favorites Idea
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Invested over 60 shares
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Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
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Check out your portfolio center.
Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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