Six Competitors
| FUN Stock | USD 17.58 1.36 8.38% |
Six Flags vs Peloton Interactive Correlation
Excellent diversification
The correlation between Six Flags Entertainment and PTON is -0.6 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Six Flags Entertainment and PTON in the same portfolio, assuming nothing else is changed.
Moving together with Six Stock
Moving against Six Stock
| 0.72 | IH | Ihuman Inc | PairCorr |
| 0.71 | DNUT | Krispy Kreme | PairCorr |
| 0.64 | VENU | Venu Holding Downward Rally | PairCorr |
| 0.61 | EM | Smart Share Global | PairCorr |
| 0.52 | RFG | Retail Food Group | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Six Flags' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Six Flags Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Six Flags 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 Six 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 Six Flags Entertainment 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 Six Stock performing well and Six Flags 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 Six Flags' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OSW | 1.56 | 0.05 | 0.03 | 0.10 | 1.95 | 4.14 | 9.78 | |||
| PRKS | 2.10 | 0.04 | 0.03 | 0.08 | 2.54 | 4.60 | 16.62 | |||
| DRVN | 1.66 | 0.20 | 0.14 | 0.20 | 1.42 | 3.92 | 9.77 | |||
| SBET | 4.18 | (0.72) | 0.00 | (0.24) | 0.00 | 6.50 | 23.02 | |||
| CPRI | 1.92 | (0.08) | (0.01) | 0.01 | 2.86 | 3.71 | 22.05 | |||
| VAC | 1.88 | 0.31 | 0.18 | 0.22 | 1.73 | 4.80 | 12.67 | |||
| MODG | 2.71 | 0.80 | 0.25 | 2.23 | 2.56 | 8.81 | 23.39 | |||
| YETI | 1.59 | 0.25 | 0.14 | 0.19 | 1.78 | 3.62 | 12.03 | |||
| HBI | 1.09 | 0.06 | (0.01) | (0.08) | 1.49 | 2.38 | 7.22 | |||
| PTON | 2.55 | (0.80) | 0.00 | (0.26) | 0.00 | 5.47 | 31.83 |
Cross Equities Net Income Analysis
Compare Six Flags Entertainment and related stocks such as OneSpaWorld Holdings, United Parks Resorts, and Driven Brands Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OSW | 14.9 M | 14.9 M | 14.9 M | 14.9 M | 14.9 M | 14.9 M | 14.9 M | 31.1 M | 9.9 M | (60.7 M) | (288 M) | (68.5 M) | 53.2 M | (3 M) | 72.9 M | 71.6 M | 75.2 M |
| PRKS | 51.9 M | 51.9 M | 51.9 M | 51.9 M | 49.9 M | 49.1 M | (12.5 M) | (202.4 M) | 44.8 M | 89.5 M | (312.3 M) | 256.5 M | 291.2 M | 234.2 M | 227.5 M | 261.6 M | 274.7 M |
| SBET | (106 K) | 471 K | 1.4 M | 1.3 M | (1.7 M) | (4.9 M) | (5.2 M) | (1.7 M) | (886 K) | (306.2 K) | (1.1 M) | (55.6 M) | (15.2 M) | (14.2 M) | 10.1 M | 9.1 M | 9.5 M |
| CPRI | 39.2 M | 147.4 M | 397.6 M | 661.5 M | 881 M | 839.1 M | 553 M | 592 M | 543 M | (223 M) | 822 M | 822 M | 616 M | (1.2 B) | (1.2 B) | (1.1 B) | (1 B) |
| VAC | 9 M | (178 M) | 7 M | 79.7 M | 80.8 M | 122.8 M | 137.3 M | 235 M | 55 M | 138 M | (275 M) | 49 M | 391 M | 254 M | 218 M | 250.7 M | 263.2 M |
| YETI | 7.3 M | 7.3 M | 7.3 M | 7.3 M | 14.2 M | 74.2 M | 48 M | 15.4 M | 57.8 M | 50.4 M | 155.8 M | 212.6 M | 89.7 M | 169.9 M | 175.7 M | 202 M | 212.1 M |
| PTON | (71.1 M) | (71.1 M) | (71.1 M) | (71.1 M) | (71.1 M) | (71.1 M) | (71.1 M) | (47.9 M) | (195.5 M) | (71.6 M) | (189 M) | (2.8 B) | (1.3 B) | (551.9 M) | (118.9 M) | (107 M) | (112.4 M) |
Six Flags Entertainment and related stocks such as OneSpaWorld Holdings, United Parks Resorts, and Driven Brands Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Six Flags Entertainment financial statement analysis. It represents the amount of money remaining after all of Six Flags Entertainment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Six Flags Competitive Analysis
The better you understand Six Flags competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Six Flags' 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 Six Flags' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Six Flags Competition Performance Charts
Five steps to successful analysis of Six Flags Competition
Six Flags' 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 Six Flags Entertainment in relation to its competition. Six Flags' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Six Flags 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 Six Flags' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Six Flags Entertainment, 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 Six Flags Correlation with its peers. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Will Hotels, Restaurants & Leisure sector continue expanding? Could Six diversify its offerings? Factors like these will boost the valuation of Six Flags. Market participants price Six higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Six Flags data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.74) | Earnings Share (18.70) | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
Six Flags Entertainment's market price often diverges from its book value, the accounting figure shown on Six's balance sheet. Smart investors calculate Six Flags' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Six Flags' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' 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.