Qantas Competitors

Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Qantas Airways' 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. Please use the tools below to analyze the current value of Qantas Airways in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12.6015.2917.98
Details
Intrinsic
Valuation
LowReal ValueHigh
13.9416.6319.32
Details
Naive
Forecast
LowNext ValueHigh
13.4416.1318.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.3717.0620.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Qantas Airways. Your research has to be compared to or analyzed against Qantas Airways' peers to derive any actionable benefits. When done correctly, Qantas Airways' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Qantas Airways ADR.

Qantas Airways Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Qantas Airways 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 Qantas 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 Qantas Airways ADR does not affect the price movement of the other competitor.
LUV
DAL
BXC
LUV
0.980.36
LUV
DAL
0.980.32
DAL
BXC
0.360.32
BXC
LUV
DAL
BXC
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Qantas Airways Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Qantas Airways stock performing well and Qantas Airways company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Qantas Airways' multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Qantas Airways Competitive Analysis

The better you understand Qantas Airways competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Qantas Airways' 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 Qantas Airways' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
QABSYLUVDALBXC
 2.38 
 15.16 
Qantas
 1.74 
 36.09 
Southwest
 0.24 
 29.59 
Delta
 0.75 
 68.77 
Bluelinx
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Current Liabilities
Price to Earnings To Growth
Total Asset
Last Dividend Paid
Short Ratio
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Working Capital
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Qantas Airways Competition Performance Charts

Complement your Qantas Airways position

In addition to having Qantas Airways 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 Heavy Metals Thematic Idea Now

Heavy Metals
Heavy Metals Theme
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 30 constituents.
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 Heavy Metals Theme or any other thematic opportunities.
View All  Next Launch Heavy Metals
Please see Qantas Airways Correlation with its peers. Note that the Qantas Airways ADR information on this page should be used as a complementary analysis to other Qantas Airways' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Qantas OTC Stock analysis

When running Qantas Airways ADR price analysis, check to measure Qantas Airways' 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 Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Is Qantas Airways' industry 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 Qantas Airways. If investors know Qantas 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 Qantas Airways 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 YOY
0.036
Market Capitalization
5.8 B
Quarterly Revenue Growth YOY
0.32
Return On Assets
-0.0572
Return On Equity
-2.9
The market value of Qantas Airways ADR is measured differently than its book value, which is the value of Qantas that is recorded on the company's balance sheet. Investors also form their own opinion of Qantas Airways' value that differs from its market value or its book value, called intrinsic value, which is Qantas Airways' 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 Qantas Airways' market value can be influenced by many factors that don't directly affect Qantas Airways' 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 Qantas Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine Qantas Airways value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qantas Airways' 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.
QABSY
 Stock
  

USD 15.16  0.37  2.38%   

Qantas Airways ADR competes with Southwest Airlines, Delta Air, and Bluelinx Holdings; as well as few others. The company classifies itself under Industrials sector and is part of Airlines industry. Analyzing Qantas Airways 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 Qantas Airways to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
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 Qantas Airways competition on your existing holdings. Please see Qantas Airways Correlation with its peers.
  
Refresh