Virgin Competitors
| SPCE Stock | USD 2.35 0.22 8.56% |
Virgin Galactic vs Alta Equipment Correlation
Very good diversification
The correlation between Virgin Galactic Holdings and ALTG is -0.5 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Virgin Galactic Holdings and ALTG in the same portfolio, assuming nothing else is changed.
Moving against Virgin Stock
| 0.74 | NOC | Northrop Grumman | PairCorr |
| 0.7 | LHX | L3Harris Technologies | PairCorr |
| 0.68 | AIR | AAR Corp | PairCorr |
| 0.68 | FTG | Firan Technology | PairCorr |
| 0.66 | RTX | Raytheon Technologies | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virgin Galactic's 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.
Virgin Galactic Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Virgin Galactic 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 Virgin 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 Virgin Galactic Holdings 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 Virgin Stock performing well and Virgin Galactic 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 Virgin Galactic'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| POWW | 2.36 | (0.02) | 0.00 | 0.02 | 2.87 | 5.59 | 14.96 | |||
| NVX | 4.03 | (0.47) | 0.00 | (0.11) | 0.00 | 7.92 | 33.61 | |||
| VWAV | 4.88 | (0.22) | 0.00 | (0.23) | 0.00 | 12.84 | 29.96 | |||
| PAMT | 2.98 | 0.33 | 0.10 | 0.20 | 3.16 | 7.34 | 17.24 | |||
| PAL | 2.95 | 0.68 | 0.23 | 0.26 | 2.70 | 6.89 | 38.71 | |||
| FC | 1.72 | 0.35 | 0.18 | 0.25 | 1.80 | 4.53 | 10.78 | |||
| ISSC | 3.81 | 1.26 | 0.34 | 0.75 | 3.08 | 9.75 | 39.02 | |||
| FCEL | 4.65 | (0.16) | 0.00 | (0.05) | 0.00 | 8.22 | 35.51 | |||
| SHMD | 6.32 | 1.31 | 0.19 | 0.48 | 6.53 | 16.73 | 40.89 | |||
| ALTG | 2.60 | 0.35 | 0.13 | 0.18 | 2.69 | 6.44 | 15.40 |
Cross Equities Net Income Analysis
Compare Virgin Galactic Holdings and related stocks such as Ammo Inc, Novonix Ltd ADR, and VisionWave Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAMT | 1.5 M | (2.9 M) | 2.2 M | 5.9 M | 13.5 M | 21.4 M | 11.1 M | 38.9 M | 24 M | 7.9 M | 17.8 M | 76.5 M | 90.7 M | 18.4 M | (31.8 M) | (36.6 M) | (34.7 M) |
| SHMD | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | (24.5 M) | 1.6 M | 36.9 M | 36.9 M | 42.4 M | 44.5 M |
Virgin Galactic Holdings and related stocks such as Ammo Inc, Novonix Ltd ADR, and VisionWave Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Virgin Galactic Holdings financial statement analysis. It represents the amount of money remaining after all of Virgin Galactic Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Virgin Galactic Competitive Analysis
The better you understand Virgin Galactic competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Virgin Galactic'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 Virgin Galactic'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 |
Virgin Galactic Competition Performance Charts
Five steps to successful analysis of Virgin Galactic Competition
Virgin Galactic'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 Virgin Galactic Holdings in relation to its competition. Virgin Galactic's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Virgin Galactic 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 Virgin Galactic's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Virgin Galactic Holdings, 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 Virgin Galactic Correlation with its peers. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Will Aerospace & Defense sector continue expanding? Could Virgin diversify its offerings? Factors like these will boost the valuation of Virgin Galactic. If investors know Virgin will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Virgin Galactic data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (6.46) | Revenue Per Share | Quarterly Revenue Growth (0.09) | Return On Assets | Return On Equity |
Understanding Virgin Galactic Holdings requires distinguishing between market price and book value, where the latter reflects Virgin's accounting equity. The concept of intrinsic value - what Virgin Galactic's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Virgin Galactic's price substantially above or below its fundamental value.
Please note, there is a significant difference between Virgin Galactic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virgin Galactic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Virgin Galactic's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
