Mesa Competitors
| MESA Stock | USD 0.96 0.05 5.49% |
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 Mesa Air competition on your existing holdings.
Mesa |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mesa 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.
Mesa Air Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Mesa 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 Mesa 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 Mesa Air Group does not affect the price movement of the other competitor.
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Mesa Stock performing well and Mesa 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 Mesa 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALGT | 2.63 | (0.45) | 0.00 | (0.64) | 0.00 | 4.46 | 20.05 | |||
| SNCY | 2.16 | (0.04) | 0.00 | (0.19) | 0.00 | 4.92 | 15.86 | |||
| ULCC | 3.62 | 0.17 | 0.05 | 0.07 | 4.01 | 7.71 | 24.49 | |||
| HA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AZUL | 4.06 | (0.23) | 0.00 | (0.55) | 0.00 | 8.80 | 19.92 | |||
| LTMAY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CPA | 1.46 | 0.15 | 0.12 | 0.13 | 1.66 | 3.84 | 7.43 | |||
| VLRS | 2.16 | (0.52) | 0.00 | (0.68) | 0.00 | 3.90 | 18.80 | |||
| ALK | 2.16 | 0.13 | 0.00 | (0.04) | 0.00 | 4.05 | 21.69 | |||
| JBLU | 3.37 | (0.02) | 0.00 | (0.18) | 0.00 | 6.21 | 36.77 |
Cross Equities Net Income Analysis
Compare Mesa Air Group and related stocks such as Allegiant Travel, Sun Country Airlines, and Frontier Group Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALGT | (1.3 M) | 49.4 M | 78.6 M | 92.3 M | 86.7 M | 220.4 M | 219.6 M | 194.9 M | 161.8 M | 232.1 M | (184.1 M) | 151.9 M | 2.5 M | 117.6 M | (240.2 M) | (228.2 M) |
| SNCY | 46.1 M | 46.1 M | 46.1 M | 46.1 M | 46.1 M | 46.1 M | 46.1 M | 46.1 M | 46.1 M | 46.1 M | (3.9 M) | 81.2 M | 17.7 M | 72.2 M | 52.9 M | 48.8 M |
| ULCC | 140 M | 140 M | 140 M | 140 M | 140 M | 146 M | 200 M | 80 M | 80 M | 251 M | (225 M) | (102 M) | (37 M) | (11 M) | 85 M | 89.2 M |
| AZUL | (97.6 M) | (105.5 M) | (170.8 M) | 20.7 M | (65 M) | (1.1 B) | (126.3 M) | 529 M | 703.6 M | 823.7 M | (10.8 B) | (4.2 B) | (722.4 M) | (2.4 B) | (2.1 B) | (2 B) |
| CPA | 14.8 M | 310.4 M | 326.5 M | 428.2 M | 371.4 M | 185.4 M | 339.8 M | 370 M | 88.1 M | 247 M | (598.6 M) | 43.8 M | 348.1 M | 514.1 M | 608.5 M | 639 M |
| VLRS | 46.4 M | (21.1 M) | 16.8 M | 20.6 M | 41.1 M | 142.7 M | 169.9 M | (30.3 M) | (35 M) | 139.3 M | (215.8 M) | 106.5 M | (30 M) | 7.8 M | 126 M | 132.3 M |
| ALK | 25.9 M | 244.5 M | 316 M | 508 M | 605 M | 848 M | 814 M | 960 M | 437 M | 769 M | (1.3 B) | 478 M | 58 M | 235 M | 395 M | 414.8 M |
| JBLU | (13.8 M) | 86 M | 128 M | 168 M | 401 M | 677 M | 759 M | 1.1 B | 188 M | 569 M | (1.4 B) | (182 M) | (362 M) | (310 M) | (795 M) | (755.2 M) |
| SKYW | 2.4 M | (27.3 M) | 51.2 M | 59 M | (24.2 M) | 117.8 M | (161.6 M) | 428.9 M | 280.4 M | 340.1 M | (8.5 M) | 111.9 M | 73 M | 34.3 M | 323 M | 339.1 M |
Mesa Air Group and related stocks such as Allegiant Travel, Sun Country Airlines, and Frontier Group Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Mesa Air Group financial statement analysis. It represents the amount of money remaining after all of Mesa Air Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Mesa Air Competitive Analysis
The better you understand Mesa Air competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Mesa 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 Mesa 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 |
Mesa Air Competition Performance Charts
Five steps to successful analysis of Mesa Air Competition
Mesa 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 Mesa Air Group in relation to its competition. Mesa Air's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Mesa 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 Mesa Air's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Mesa 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.
Complement your Mesa Air position
In addition to having Mesa 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.Did You Try This Idea?
Run Utilities ETFs Thematic Idea Now
Utilities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Utilities ETFs theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Mesa Air Correlation with its peers. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Passenger Airlines 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 Mesa Air. If investors know Mesa 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. All the valuation information about Mesa Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.136 | Earnings Share (2.30) | Revenue Per Share | Quarterly Revenue Growth (0.03) | Return On Assets |
The market value of Mesa Air Group is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Air's value that differs from its market value or its book value, called intrinsic value, which is Mesa Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesa Air's market value can be influenced by many factors that don't directly affect Mesa Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mesa Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa 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.