Surf Competitors
| SRFM Stock | 1.94 0.16 7.62% |
Surf Air vs ZTO Express Correlation
Very good diversification
The correlation between Surf Air Mobility and ZTO is -0.43 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Surf Air Mobility and ZTO in the same portfolio, assuming nothing else is changed.
Moving together with Surf Stock
Moving against Surf Stock
| 0.64 | NFG | National Fuel Gas | PairCorr |
| 0.64 | FCAP | First Capital Normal Trading | PairCorr |
| 0.54 | SHPHF | Sihuan Pharmaceutical | PairCorr |
| 0.48 | OBYCF | Obayashi Earnings Call This Week | PairCorr |
| 0.46 | WIZZ | Wizz Air Holdings | PairCorr |
Surf Air Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Surf Air 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 Surf 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 Surf Air Mobility 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 Surf Stock performing well and Surf Air 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 Surf Air'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ULS | 1.56 | (0.13) | 0.00 | (0.28) | 0.00 | 2.60 | 21.27 | |||
| MTZ | 1.74 | 0.10 | 0.04 | 0.13 | 2.72 | 3.82 | 13.07 | |||
| LTM | 1.56 | 0.54 | 0.27 | 0.80 | 1.47 | 3.95 | 8.49 | |||
| WWD | 1.74 | 0.46 | 0.33 | 0.35 | 1.15 | 3.61 | 16.03 | |||
| XPO | 2.17 | 0.34 | 0.18 | 0.21 | 2.04 | 5.48 | 11.44 | |||
| TRU | 1.79 | (0.26) | 0.00 | (0.13) | 0.00 | 3.72 | 16.82 | |||
| JOBY | 3.52 | (0.78) | 0.00 | (0.20) | 0.00 | 6.27 | 28.38 | |||
| JBHT | 1.26 | 0.42 | 0.41 | 0.43 | 0.62 | 4.20 | 6.61 | |||
| CRS | 1.96 | 0.05 | 0.02 | 0.10 | 2.39 | 5.30 | 13.86 | |||
| ZTO | 1.05 | 0.25 | 0.20 | 0.38 | 0.90 | 2.73 | 7.33 |
Cross Equities Net Income Analysis
Compare Surf Air Mobility and related stocks such as UL Solutions, MasTec Inc, and LATAM Airlines Group Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ULS | 246 M | 246 M | 246 M | 246 M | 246 M | 246 M | 246 M | 246 M | 246 M | 246 M | 231 M | 224 M | 293 M | 260 M | 326 M | 374.9 M | 289.7 M |
| MTZ | (5.3 M) | 106 M | 107.4 M | 140.9 M | 115.9 M | (79.1 M) | 131.3 M | 347.2 M | 259.7 M | 392.3 M | 322.8 M | 328.8 M | 33.4 M | (49.9 M) | 162.8 M | 187.2 M | 196.6 M |
| LTM | 64.1 M | 320.2 M | 11 M | (281.1 M) | (109.8 M) | (219.3 M) | 69.2 M | 155.3 M | 181.9 M | 190.4 M | (4.5 B) | (4.6 B) | 1.3 B | 581.8 M | 977 M | 879.3 M | 923.2 M |
| WWD | (3.3 M) | 141.6 M | 145.9 M | 165.8 M | 181.5 M | 180.8 M | 200.5 M | 180.4 M | 259.6 M | 240.4 M | 208.6 M | 171.7 M | 232.4 M | 373 M | 442.1 M | 508.4 M | 533.8 M |
| XPO | (656.4 K) | 759 K | (20.3 M) | (48.5 M) | (63.6 M) | (191.1 M) | 69 M | 340 M | 422 M | 419 M | 110 M | 336 M | 666 M | 189 M | 387 M | 445.1 M | 467.3 M |
| TRU | (63.7 M) | (63.7 M) | (63.7 M) | (35.1 M) | (12.5 M) | 5.9 M | 120.6 M | 441.2 M | 276.6 M | 346.9 M | 343.2 M | 1.4 B | 266.3 M | (206.2 M) | 284.4 M | 327.1 M | 267.2 M |
| JOBY | (114.2 M) | (114.2 M) | (114.2 M) | (114.2 M) | (114.2 M) | (114.2 M) | (114.2 M) | (114.2 M) | (114.2 M) | (114.2 M) | (114.2 M) | (180.3 M) | (258 M) | (513 M) | (608 M) | (547.2 M) | (519.9 M) |
| JBHT | 16.3 M | 257 M | 310.4 M | 342.4 M | 374.8 M | 427.2 M | 432.1 M | 686.3 M | 489.6 M | 516.3 M | 506 M | 760.8 M | 969.4 M | 728.3 M | 570.9 M | 598.3 M | 628.2 M |
| CRS | 9.8 M | 121.2 M | 146.1 M | 132.8 M | 58.7 M | 11.3 M | 47 M | 188.5 M | 167 M | 1.5 M | (229.6 M) | (49.1 M) | 56.4 M | 186.5 M | 376 M | 432.4 M | 454 M |
| ZTO | 406.4 M | 406.4 M | 406.4 M | 406.4 M | 406.4 M | 1.3 B | 2.1 B | 3.2 B | 4.4 B | 5.7 B | 4.3 B | 4.8 B | 6.8 B | 8.7 B | 8.8 B | 10.1 B | 10.6 B |
Surf Air Mobility and related stocks such as UL Solutions, MasTec Inc, and LATAM Airlines Group Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Surf Air Mobility financial statement analysis. It represents the amount of money remaining after all of Surf Air Mobility operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Surf Air Competitive Analysis
The better you understand Surf Air competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Surf Air'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 Surf Air'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 |
Surf Air Competition Performance Charts
Five steps to successful analysis of Surf Air Competition
Surf Air'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 Surf Air Mobility in relation to its competition. Surf Air's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Surf Air 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 Surf Air's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Surf Air Mobility, 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 Surf Air Correlation with its peers. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Will Passenger Airlines sector continue expanding? Could Surf diversify its offerings? Factors like these will boost the valuation of Surf Air. If investors know Surf will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Surf Air data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate Surf Air Mobility using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Surf Air's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Surf Air's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Surf Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surf Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Surf Air's market price signifies the transaction level at which participants voluntarily complete trades.