Alaska Competitors

Stocks . Germany . 
Stock . Alaska Air Group
ALK Stock  EUR 41.39  0.52  1.27%   
Alaska Air Group competes with Ares Management, Fevertree Drinks, China Resources, ScanSource, and BOSTON BEER; as well as few others. The company classifies itself under Industrials sector and is part of Airlines industry. Analyzing Alaska Air competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Alaska Air to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Alaska Air Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Alaska Air competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alaska Air'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.
Hype
Prediction
LowEstimatedHigh
39.5341.3943.25
Details
Intrinsic
Valuation
LowRealHigh
37.2539.1145.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alaska Air. Your research has to be compared to or analyzed against Alaska Air's peers to derive any actionable benefits. When done correctly, Alaska Air's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alaska Air Group.

Alaska Air Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alaska 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 Alaska 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 Alaska Air Group does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
TSI
+ 0.89
CHK
7QD
+ 0.89
BBEA
TSI
+ 0.75
CEK
CEK
+ 0.73
0QN
SC3
+ 0.69
FV8
SC3
+ 0.68
CHK
  
High negative correlations   
BBEA
- 0.75
CHK
CEK
- 0.72
7QD
CEK
- 0.71
BBEA
7QD
- 0.67
CHK
TSI
- 0.66
7QD
TSI
- 0.66
BBEA

Risk-Adjusted Indicators

There is a big difference between Alaska Stock performing well and Alaska 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 Alaska 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.

Alaska Air Competitive Analysis

The better you understand Alaska Air competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alaska 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 Alaska 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
ALK 0QN FV8 CHK SC3 BBEA 7QD CEK TSI
 1.27 
 41.39 
Alaska
 0.35 
 126.34 
Ares
 0.80 
 12.60 
Fevertree
 2.91 
 4.24 
China
 1.02 
 39.00 
ScanSource
 4.92 
 285.80 
BOSTON
 3.33 
 0.62 
CLOVER
 5.56 
 6.65 
CEOTRONICS
 3.44 
 6.61 
Tsingtao
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Relatively risky
Very steady
Very steady
Extremely Dangerous
Moderately volatile
Somewhat reliable
Market Performance
(90 Days Performance)
Good
OK
Weak
OK
Insignificant
Very Weak
Very Weak
Good
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Quite High
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Sell
Strong Sell
Sell
Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Hold
Current Ratio
0.63
0.58
N/A
0.68
2.06
N/A
N/A
N/A
1.45
Net Asset
14.19 B
22 B
336.1 M
51.05 B
1.94 B
1.42 B
N/A
28.75 M
46.56 B
Profit Margin
0.006
0.0548
N/A
0.12
0.0248
N/A
-0.15
N/A
0.12
EBITDA
588 M
1.33 B
N/A
6.22 B
155.03 M
207.41 M
(437.49 M)
N/A
4.71 B
Operating Margin
0.0369
0.17
N/A
0.1
0.0358
N/A
-0.14
N/A
0.095
Current Valuation
6.27 B
23.2 B
1.36 B
20.1 B
992.58 M
4.01 B
N/A
38.27 M
13.05 B
Price To Book
1.48
8.5
5.39
5.74
0.92
4.12
N/A
1.97
3.33
Five Year Return
1.29
3.99
N/A
1.37
N/A
N/A
N/A
N/A
1.32
Beta
1.52
1.33
N/A
0.61
1.45
N/A
1.93
N/A
0.74
Number Of Employees
22.92 K
2.55 K
N/A
25 K
2.7 K
N/A
680
N/A
32.95 K
Shares Outstanding
127.54 M
176.02 M
N/A
3.24 B
25.35 M
N/A
383.55 M
N/A
655.07 M
Cash Flow From Operations
1.42 B
(734.11 M)
N/A
5 B
(124.35 M)
199.94 M
N/A
N/A
6.04 B
Annual Yield
0.0422
0.0372
0.0063
0.0113
N/A
N/A
N/A
N/A
0.0175
Total Debt
1.88 B
12.98 B
N/A
200 M
259.57 M
N/A
N/A
2.89 M
45.37 M
Return On Equity
0.0152
0.0894
N/A
0.16
0.11
N/A
-1.1
N/A
0.15
Z Score
1.8
0.6
N/A
76.8
2.2
1.0
N/A
4.8
N/A
Return On Asset
0.0158
0.0147
N/A
0.0413
0.0431
N/A
-0.22
N/A
0.0408
Book Value Per Share
29.92
8.96
N/A
8.44
34.03
N/A
0.82
N/A
19.08
Total Asset
14.19 B
22 B
336.1 M
51.05 B
1.94 B
1.42 B
N/A
28.75 M
46.56 B
Debt To Equity
88.6
2.4
N/A
0.009
38.1
N/A
N/A
N/A
2.6
Target Price
77.93
82.38
N/A
N/A
39.33
N/A
9.0
N/A
N/A
Last Dividend Paid
N/A
2.44
N/A
0.54
N/A
N/A
N/A
N/A
1.1
Shares Owned By Institutions
82.89
76.03
N/A
21.39
97.31
N/A
32.44
N/A
52.93
Market Capitalization
5.73 B
22.39 B
3.61 B
25.65 B
751.62 M
5.56 B
548.87 M
25.54 M
18.18 B
Price To Earning
13.04
57.59
N/A
82.51
13.06
N/A
N/A
N/A
35.42
Price To Earnings To Growth
N/A
N/A
N/A
1.73
0.7
1.49
N/A
N/A
2.41
Price To Sales
0.58
5.51
3.84
0.61
0.2
2.23
N/A
1.06
0.51
Net Income
58 M
167.54 M
N/A
4.59 B
88.8 M
67.26 M
N/A
N/A
3.16 B
Earnings Per Share
0.43
0.84
N/A
0.17
3.35
N/A
-1.34
N/A
0.38
Shares Owned By Insiders
0.39
17.9
N/A
51.95
2.33
N/A
13.15
N/A
5.85
Revenue
9.65 B
3.06 B
N/A
33.39 B
3.53 B
2.09 B
3.04 B
N/A
30.17 B
Cash And Equivalents
1.63 B
1.43 B
N/A
4.54 B
20.4 M
N/A
N/A
N/A
2.34 B
Cash Per Share
13.2
8.58
N/A
1.4
0.79
N/A
N/A
N/A
1.73
Gross Profit
2.36 B
1.24 B
N/A
13.07 B
426.52 M
N/A
(189.81 M)
N/A
10.98 B
Day Typical Price
41.39
125.8
12.57
4.24
39.0
285.8
0.62
6.58
6.55
Accumulation Distribution
N/A
0.0128
0.0236
N/A
N/A
N/A
N/A
0.1
0.0257
Market Facilitation Index
N/A
1.62
0.3
N/A
N/A
N/A
N/A
0.7
0.17
Daily Balance Of Power
9.2 T
0.2716
0.3333
9.2 T
(9,223,372,036,855)
9.2 T
9.2 T
0.5
1.294118
Period Momentum Indicator
0.52
0.44
0.1
0.12
(0.40)
13.4
0.02
0.35
0.22
Rate Of Daily Change
1.01
1.0
1.01
1.03
0.99
1.05
1.03
1.06
1.03
Day Median Price
41.39
125.53
12.55
4.24
39.0
285.8
0.62
6.55
6.53
Price Action Indicator
0.26
1.03
0.1
0.06
(0.20)
6.7
0.01
0.28
0.2
Relative Strength Index
60.18
53.47
44.43
46.61
44.01
37.32
29.68
53.4
50.64
Coefficient Of Variation
523.48
660.49
1720.93
753.92
1521.49
(821.79)
(608.39)
471.03
549.63
Mean Deviation
1.55
1.22
1.7
2.87
1.37
1.25
2.29
2.59
1.78
Jensen Alpha
0.3688
0.2551
0.0935
0.3318
0.1574
(0.24)
(0.48)
0.8214
0.358
Total Risk Alpha
0.1112
0.0322
(0.18)
0.0102
(0.13)
(0.47)
(0.90)
0.3028
0.119
Sortino Ratio
0.1839
0.1591
0.0206
0.1056
0.0219
N/A
N/A
0.1997
0.1293
Downside Variance
2.19
1.17
6.31
13.0
3.97
N/A
N/A
11.91
6.81
Standard Deviation
1.89
1.73
2.42
3.54
2.02
1.87
3.04
3.67
2.35
Kurtosis
(0.38)
7.26
4.25
(0.15)
3.14
7.3
1.84
2.18
0.1023
Potential Upside
3.75
3.15
3.82
6.29
3.26
1.85
3.45
7.08
4.41
Treynor Ratio
(1.59)
(5.20)
0.2773
0.284
(0.28)
(5.17)
1.18
(1.14)
0.5616
Maximum Drawdown
8.17
10.77
15.47
17.59
12.08
10.64
17.57
21.27
10.63
Variance
3.58
2.98
5.88
12.56
4.09
3.49
9.27
13.44
5.5
Market Risk Adjusted Performance
(1.58)
(5.19)
0.2873
0.294
(0.27)
(5.16)
1.19
(1.13)
0.5716
Risk Adjusted Performance
0.1259
0.1008
0.0437
0.091
0.0479
(0.07)
(0.09)
0.1408
0.1209
Skewness
0.437
2.0
0.9543
(0.07)
0.6618
(1.04)
0.0381
0.6067
(0.21)
Semi Deviation
1.23
0.8842
1.92
3.23
1.53
N/A
N/A
2.55
1.86
Information Ratio
0.1439
0.0997
0.0213
0.1075
0.0216
(0.17)
(0.19)
0.188
0.1439
Value At Risk
(2.34)
(1.95)
(2.86)
(4.76)
(2.11)
(2.12)
(4.84)
(5.79)
(4.60)
Expected Short fall
(1.94)
(1.60)
(2.22)
(3.26)
(1.94)
N/A
N/A
(3.25)
(2.03)
Downside Deviation
1.48
1.08
2.51
3.61
1.99
N/A
N/A
3.45
2.61
Semi Variance
1.52
0.7817
3.67
10.42
2.34
N/A
N/A
6.51
3.45

Alaska Air Competition Performance Charts

Five steps to successful analysis of Alaska Air Competition

Alaska 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 Alaska Air Group in relation to its competition. Alaska Air's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Alaska 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 Alaska Air's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alaska Air Group, 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.

Complement your Alaska Air position

In addition to having Alaska Air in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Healthcare Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 constituents at this time.
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When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
How To Invest In Alaska
Details
Is Alaska Stock a good investment?
Details
What is Alaska Air's Net Worth?
Details
Largest Passenger Airlines Companies
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Largest Transportation Companies
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Check out Alaska Air Correlation with its peers.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Alaska Stock analysis

When running Alaska Air's price analysis, check to measure Alaska Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.
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Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air's 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.
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