Wesco Competitors

Summary

Wesco Aircraft Holdings competes with Verra Mobility, Ryanair Holdings, Asbury Automotive, Aspen Aerogels, and JD Sports; as well as few others. The company conducts business under Industrials sector and is part of Industrial Distribution industry. Analyzing Wesco Aircraft 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 Wesco Aircraft to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

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 Wesco Aircraft 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 Wesco Aircraft'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.

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wesco Aircraft. Your research has to be compared to or analyzed against Wesco Aircraft's peers to derive any actionable benefits. When done correctly, Wesco Aircraft'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 Wesco Aircraft Holdings.

Wesco Aircraft Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Wesco Aircraft and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Wesco 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 Wesco Aircraft Holdings does not affect the price movement of the other competitor.

	VRRM	RYAAY	ABG	ASPN	JDDSF	SPG
VRRM		0.48	0.71	0.09	0.26	0.28	VRRM
RYAAY	0.48		0.69	0.63	0.45	0.71	RYAAY
ABG	0.71	0.69		0.35	0.18	0.4	ABG
ASPN	0.09	0.63	0.35		0.24	0.78	ASPN
JDDSF	0.26	0.45	0.18	0.24		0.3	JDDSF
SPG	0.28	0.71	0.4	0.78	0.3		SPG
	VRRM	RYAAY	ABG	ASPN	JDDSF	SPG

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Risk-Adjusted Indicators

There is a big difference between Wesco Stock performing well and Wesco Aircraft 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 Wesco Aircraft'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
VRRM	1.32	0.02	0.02	0.07	1.91	(1.29)	2.31	(3.15)	8.97
RYAAY	1.12	0.05	0.06	0.10	1.21	(1.26)	2.64	(1.89)	8.57
ABG	1.37	(0.04)	0.01	0.04	1.87	(1.38)	3.18	(3.41)	8.82
ASPN	2.61	0.23	0.08	0.16	3.45	(2.75)	6.85	(4.93)	34.57
JDDSF	1.20	(0.16)	0.00	(0.03)	0.00	0.00	4.90	(1.33)	30.99
SPG	1.05	(0.12)	0.00	(0.02)	0.00	0.00	1.96	(2.24)	7.91

Wesco Aircraft Competitive Analysis

The better you understand Wesco Aircraft competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Wesco Aircraft'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 Wesco Aircraft's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	VRRM	RYAAY	ABG	ASPN	JDDSF	SPG
	1.18 23.44 Verra	0.70 135.40 Ryanair	0.18 211.49 Asbury	1.66 14.82 Aspen	0.00 1.57 JDDSF	0.40 140.37 Simon
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Somewhat reliable	Very risky	Very steady
Market Performance (90 Days Performance)	Weak	Modest	Weak	OK	OK	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Low	Very Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Strong Buy	Strong Buy	Buy	Strong Buy	Not Available	Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Buy	Strong Hold	Cautious Hold	Strong Hold	Strong Hold
Current Ratio	2.11 X	1.08 X	1.56 X	1.93 X	1.50 X	0.38 X
Net Asset	1.79 B	16.41 B	10.16 B	703.05 M	7.07 B	34.28 B
Profit Margin	0.07 %	0.16 %	0.04 %	(0.19) %	0.04 %	0.40 %
EBITDA	303.4 M	2.37 B	1.14 B	(31.03 M)	1.3 B	4.07 B
Operating Margin	0.28 %	(0.01) %	0.06 %	0.02 %	0.11 %	0.52 %
Current Valuation	4.83 B	155.29 B	9.84 B	1.15 B	9.33 B	71.8 B
Price To Book	9.64 X	3.76 X	1.35 X	2.50 X	2.13 X	15.82 X
Retained Earnings	(125.89 M)	4.18 B	2.96 B	(673.6 M)	N/A	(6.1 B)
Current Asset	N/A	4.82 B	1.34 B	61.65 M	N/A	1.33 B
Five Year Return	N/A	N/A	N/A	N/A	N/A	5.87 %
Beta	1.15	1.53	1.16	1.96	1.65	1.7
Number Of Employees	1.58 K	25 K	15 K	548	73.52 K	2.5 K
Shares Outstanding	166.52 M	228.01 M	20.17 M	76.76 M	5.18 B	325.77 M
Cash Flow From Operations	205.64 M	3.89 B	313 M	(42.61 M)	1.27 B	3.93 B
Annual Yield	N/A	0.01 %	N/A	N/A	0.01 %	0.06 %
Total Debt	1.07 B	4.12 B	4.99 B	138.77 M	55.5 M	26.52 B
Return On Equity	0.17	0.29	0.2	-0.0979	0.17	0.7
Z Score	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	0.0792	0.087	0.0739	-0.0457	0.0854	0.0521
Number Of Shares Shorted	3.58 M	2.4 M	2.03 M	4.59 M	N/A	4.63 M
Book Value Per Share	2.53 X	6.91 X	159.54 X	6.38 X	0.42 X	9.15 X
Current Liabilities	N/A	3.37 B	1.01 B	17.41 M	N/A	2.69 B
Total Asset	1.79 B	16.41 B	10.16 B	703.05 M	7.07 B	34.28 B
Debt To Equity	5.15 %	0.81 %	1.59 %	0.68 %	0.91 %	6.23 %
Short Ratio	3.05 X	6.72 X	11.45 X	4.66 X	N/A	2.80 X
Target Price	25.83	157.0	248.57	20.3	N/A	157.4
Last Dividend Paid	N/A	0.18	N/A	N/A	0.005	7.45
Shares Owned By Institutions	99.11 %	46.19 %	99.46 %	98.11 %	25.45 %	91.39 %
Market Capitalization	3.9 B	30.98 B	4.37 B	1.14 B	10.42 B	52.59 B
Price To Earning	32.98 X	16.27 X	10.61 X	(4.28) X	3.45 X	19.91 X
Price To Earnings To Growth	0.55 X	70.75 X	0.48 X	N/A	0.46 X	7.60 X
Price To Sales	4.97 X	2.42 X	0.30 X	5.12 X	0.85 X	9.59 X
Net Income	57.02 M	1.31 B	602.5 M	(45.81 M)	369.7 M	2.28 B
Earnings Per Share	0.36 X	9.46 X	28.74 X	(0.66) X	0.08 X	6.98 X
Shares Owned By Insiders	0.89 %	N/A	0.54 %	1.89 %	52.10 %	0.93 %
Revenue	817.31 M	10.78 B	14.8 B	238.72 M	8.56 B	5.66 B
Working Capital	224.76 M	(1.51 B)	181.4 M	188.24 M	N/A	132.36 M
Cash And Equivalents	92.77 M	4.62 B	235.3 M	102.4 M	1.14 B	621.63 M
Cash Per Share	0.61 X	20.37 X	5.01 X	2.59 X	0.22 X	1.84 X
Gross Profit	468.01 M	791.1 M	3.1 B	4.98 M	4.21 B	4.29 B
Day Typical Price	23.53	136.85	212.94	14.96	1.57	140.81
Accumulation Distribution	0.0227	0.0401	0.0237	0.0321	N/A	0.0145
Market Facilitation Index	0.54	5.63	5.13	0.49	N/A	2.06
Daily Balance Of Power	(0.52)	(0.17)	(0.07)	(0.51)	0.0	(0.28)
Period Momentum Indicator	(0.28)	(0.95)	(0.38)	(0.25)	N/A	(0.57)
Rate Of Daily Change	0.99	0.99	1.0	0.98	1.0	1.0
Day Median Price	23.57	137.57	213.67	15.04	1.57	141.03
Price Action Indicator	(0.27)	(2.65)	(2.36)	(0.34)	N/A	(0.94)
Coefficient Of Variation	1587.96	1017.0	2271.52	1185.25	(10,111)	(5,383)
Mean Deviation	1.32	1.12	1.37	2.61	1.2	1.05
Jensen Alpha	0.0205	0.0527	(0.04)	0.2302	(0.16)	(0.12)
Total Risk Alpha	(0.07)	(0)	(0.11)	(0.06)	(0.43)	(0.17)
Sortino Ratio	0.0219	0.0554	0.0072	0.0776	N/A	N/A
Downside Variance	4.03	1.82	3.7	15.48	N/A	N/A
Standard Deviation	1.79	1.46	1.87	4.43	3.99	1.39
Kurtosis	2.14	0.9008	0.4404	8.2	15.56	1.67
Potential Upside	2.31	2.64	3.18	6.85	4.9	1.96
Treynor Ratio	0.0732	0.0969	0.0377	0.1595	(0.03)	(0.02)
Maximum Drawdown	8.97	8.57	8.82	34.57	30.99	7.91
Variance	3.2	2.13	3.51	19.63	15.91	1.92
Market Risk Adjusted Performance	0.0832	0.1069	0.0477	0.1695	(0.02)	(0.01)
Risk Adjusted Performance	0.0455	0.0665	0.0339	0.0607	0.0023	(0.01)
Skewness	(0.42)	0.032	(0.03)	1.34	(0.77)	0.6317
Semi Deviation	1.91	1.21	1.87	3.45	N/A	N/A
Information Ratio	0.0246	0.0513	0.0074	0.0689	(0.03)	(0.07)
Value At Risk	(3.15)	(1.89)	(3.41)	(4.93)	(1.33)	(2.24)
Expected Short fall	(1.29)	(1.26)	(1.38)	(2.75)	N/A	N/A
Downside Deviation	2.01	1.35	1.92	3.93	N/A	N/A
Semi Variance	3.63	1.47	3.49	11.92	N/A	N/A

Wesco Aircraft Competition Performance Charts

Five steps to successful analysis of Wesco Aircraft Competition

Wesco Aircraft'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 Wesco Aircraft Holdings in relation to its competition. Wesco Aircraft's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Wesco Aircraft 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 Wesco Aircraft's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Wesco Aircraft 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.

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 Wesco Aircraft position

In addition to having Wesco Aircraft 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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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Consideration for investing in Wesco Stock

If you are still planning to invest in Wesco Aircraft Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Wesco Aircraft's history and understand the potential risks before investing.

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