Saga Competitors
| SGA Stock | USD 11.46 0.14 1.24% |
Saga Communications vs FingerMotion Correlation
Weak diversification
The correlation between Saga Communications and FNGR is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saga Communications and FNGR in the same portfolio, assuming nothing else is changed.
Moving together with Saga Stock
Moving against Saga Stock
| 0.73 | FOXA | Fox Corp Class | PairCorr |
| 0.69 | NXST | Nexstar Broadcasting | PairCorr |
| 0.66 | SECVY | Seche Environnement | PairCorr |
| 0.63 | YLLXF | Yellow Cake plc | PairCorr |
| 0.6 | APETF | Alpha Esports Tech | PairCorr |
Saga Communications Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Saga Communications 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 Saga 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 Saga Communications 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 Saga Stock performing well and Saga Communications 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 Saga Communications' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SEAT | 3.95 | (0.85) | 0.00 | (0.56) | 0.00 | 6.61 | 22.35 | |||
| MCHX | 1.56 | (0.15) | 0.00 | (0.14) | 0.00 | 2.52 | 14.87 | |||
| MDIA | 3.24 | (0.83) | 0.00 | 1.19 | 0.00 | 6.25 | 17.86 | |||
| CCG | 1.74 | (0.33) | 0.00 | (0.90) | 0.00 | 4.26 | 10.20 | |||
| ILLR | 15.53 | 1.88 | 0.11 | 0.33 | 20.33 | 36.59 | 215.00 | |||
| TZOO | 1.98 | (0.63) | 0.00 | (0.38) | 0.00 | 4.46 | 11.62 | |||
| KORE | 2.49 | 0.32 | 0.10 | 0.59 | 2.59 | 6.64 | 17.91 | |||
| TDI | 0.71 | 0.14 | 0.12 | 0.25 | 0.70 | 1.55 | 4.37 | |||
| IZEA | 2.24 | (0.64) | 0.00 | (0.52) | 0.00 | 5.11 | 11.34 | |||
| FNGR | 3.91 | (0.46) | 0.00 | (0.12) | 0.00 | 9.86 | 29.64 |
Cross Equities Net Income Analysis
Compare Saga Communications and related stocks such as Vivid Seats, Marchex, and Mediaco Holding Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SEAT | (53.8 M) | (53.8 M) | (53.8 M) | (53.8 M) | (53.8 M) | (53.8 M) | (53.8 M) | (53.8 M) | (53.8 M) | (53.8 M) | (774.2 M) | (19.1 M) | 28.7 M | 74.5 M | 9.4 M | 10.8 M | 11.4 M |
| MCHX | (89.8 K) | 3 M | (35.2 M) | 1.8 M | (19.1 M) | 26.7 M | (84.1 M) | (6.1 M) | (2.7 M) | (4 M) | (38.4 M) | (4.4 M) | (8.2 M) | (9.9 M) | (4.9 M) | (4.5 M) | (4.7 M) |
| MDIA | 2 M | 2 M | 2 M | 2 M | 2 M | 2 M | 2 M | 2 M | 5.4 M | 1.9 M | (26.8 M) | (6.1 M) | 30.9 M | (7.6 M) | (4.1 M) | (4.7 M) | (4.5 M) |
| CCG | 3.8 M | 3.8 M | 3.7 M | (4.5 M) | (174.9 M) | (146.5 M) | (146.5 M) | (146.5 M) | (146.5 M) | (146.5 M) | (146.5 M) | (146.5 M) | (91 M) | (159.6 M) | (61.2 M) | (55.1 M) | (57.9 M) |
| ILLR | (75.4 M) | (75.4 M) | (75.4 M) | (75.4 M) | (75.4 M) | (75.4 M) | (75.4 M) | (75.4 M) | (75.4 M) | (75.4 M) | (75.4 M) | (773.6 M) | (191.6 M) | (294.7 M) | (1.1 B) | (1 B) | (973 M) |
| TZOO | 29 K | 3.3 M | 18.2 M | (5 M) | 16.4 M | 10.9 M | 6.6 M | 3.5 M | 4.7 M | 4.2 M | (13.4 M) | 911 K | 6.6 M | 12.4 M | 13.6 M | 15.6 M | 16.4 M |
| KORE | (23.4 M) | (23.4 M) | (23.4 M) | (23.4 M) | (23.4 M) | (23.4 M) | (23.4 M) | (23.4 M) | (23.4 M) | (23.4 M) | (35.2 M) | (24.8 M) | (106.2 M) | (167 M) | (146.1 M) | (131.5 M) | (138 M) |
| IZEA | (2.1 M) | (4 M) | (4.7 M) | (3.3 M) | 3.2 M | (11.3 M) | (7.6 M) | (5.5 M) | (5.7 M) | (7.3 M) | (10.5 M) | (3.1 M) | (4.5 M) | (7.3 M) | (18.9 M) | (17 M) | (16.1 M) |
| FNGR | (14.7 K) | (14.7 K) | (14.7 K) | (14.7 K) | (76 K) | (13.7 K) | (13.7 K) | (1.8 M) | (2.9 M) | (4.4 M) | (4.4 M) | (4.9 M) | (7.5 M) | (5.1 M) | (5.1 M) | (3.8 M) | (3.9 M) |
Saga Communications and related stocks such as Vivid Seats, Marchex, and Mediaco Holding Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Saga Communications financial statement analysis. It represents the amount of money remaining after all of Saga Communications operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Saga Communications Competitive Analysis
The better you understand Saga Communications competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Saga Communications' 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 Saga Communications' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Saga Communications Competition Performance Charts
Five steps to successful analysis of Saga Communications Competition
Saga Communications' 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 Saga Communications in relation to its competition. Saga Communications' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Saga Communications 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 Saga Communications' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Saga Communications, 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 Saga Communications Correlation with its peers. For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Saga Communications. If investors know Saga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Saga Communications assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.56) | Dividend Share 1 | Earnings Share 0.05 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
Investors evaluate Saga Communications using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Saga Communications' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Saga Communications' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Saga Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Saga Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Saga Communications' market price signifies the transaction level at which participants voluntarily complete trades.