Snap Competitors
| SNAP Stock | USD 5.13 -0.03 -0.58% |
Snap vs JOYY Correlation Overview
Very weak diversification
The correlation between SNAP and JOYY is 0.59, which Macroaxis classifies as Very weak diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.
Moving together with Snap Stock
Moving against Snap Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Snap's price to converge to an average value over time is called mean reversion.
Snap Competition Correlation Matrix
Correlation analysis between Snap Inc and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Snap Stock performing well and Snap 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 Snap'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TWLO | 2.15 | 0.00 | 0.00 | -0.01 | 3.39 | 4.42 | 14.05 | |||
| Z | 2.34 | -0.66 | 0.00 | -0.50 | 0.00 | 3.61 | 22.19 | |||
| ROKU | 2.26 | 0.06 | 0.02 | 0.06 | 2.76 | 5.29 | 13.81 | |||
| OMC | 1.86 | 0.27 | 0.09 | 0.34 | 2.56 | 3.44 | 18.38 | |||
| NWSA | 1.12 | -0.05 | 0.00 | -0.32 | 0.00 | 2.07 | 9.36 | |||
| FYBR | 0.13 | 0.03 | 0.19 | -0.99 | 0.00 | 0.29 | 0.68 | |||
| TKO | 1.54 | 0.09 | 0.04 | 0.14 | 1.80 | 3.38 | 12.29 | |||
| JOYY | 1.39 | -0.02 | 0.00 | -0.03 | 0.00 | 2.98 | 9.50 |
Peer Comparison: Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Snap Inc financial statement analysis. It represents the amount of money remaining after all of Snap Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Compare Snap Inc and related stocks such as Twilio Inc, Zillow Group Class, and Roku Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TWLO | -26.9 M | -26.9 M | -26.9 M | -26.9 M | -26.8 M | -35.5 M | -41.3 M | -63.7 M | -121.9 M | -307.1 M | -491 M | -949.9 M | -1.3 B | -1 B | -109.4 M | 33.8 M | 35.5 M |
| ROKU | -40.6 M | -40.6 M | -40.6 M | -40.6 M | -40.6 M | -40.6 M | -42.8 M | -63.5 M | -8.9 M | -59.9 M | -17.5 M | 242.4 M | -498 M | -709.6 M | -129.4 M | 88.4 M | 92.8 M |
| OMC | 6.1 M | 952.6 M | 998.3 M | 991.1 M | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.3 B | 1.3 B | 951.2 M | 1.4 B | 1.3 B | 1.4 B | 1.5 B | -54.5 M | -51.8 M |
| NWSA | 243 M | -2.1 B | 506 M | 239 M | -147 M | 179 M | -738 M | -1.5 B | 155 M | -1.3 B | 330 M | 623 M | 149 M | 266 M | 1.2 B | 1.4 B | 1.4 B |
| TKO | 24.1 M | 24.1 M | 24.1 M | 24.1 M | 24.1 M | 24.1 M | 33.8 M | 32.6 M | 99.6 M | 77.1 M | 131.8 M | 177.4 M | 387.3 M | -35.2 M | 9.4 M | 195.4 M | 113.3 M |
Snap Competitive Analysis
The better you understand Snap competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Snap's competitive analysis can cover a whole range of metrics.| Better Than Average | Worse Than Peers | View Performance Chart |
Snap Peer Performance Charts
How to Analyze Snap Against Peers
Snap's peer analysis compares Snap with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Snap trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Snap leads or lags and what catalysts could close or widen the gap.