American Airlines Backtesting

With this equity back-testing module your can estimate the performance of a buy and hold strategy of American Airlines Group Inc and determine expected loss or profit from investing in American Airlines over given investment horizon. Check also American Airlines Hype Analysis, American Airlines Correlation, American Airlines Valuation, American Airlines Volatility as well as analyze American Airlines Alpha and Beta and American Airlines Performance
Investment Horizon     30 Days    Login   to change
X
Backtest

American Airlines 'What if' Analysis

February 23, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
March 25, 2017
 0.00 
If you would invest  0.00  in American Airlines on February 23, 2017 and sell it all today you would earn a total of 0.00 from holding American Airlines Group Inc or generate 0.0% return on investment in American Airlines over 30 days. American Airlines is related to or competes with Hawaiian Holdings, JetBlue Airways, Alaska Air, Delta Air, and Southwest Airlines. As of December 31 2015 American Airlines Group Inc operated a mainline fleet of 946 aircraft

American Airlines Upside/Downside Indicators

  

American Airlines Market Premium Indicators

American Airlines Group lagged returns against current returns

 Current and Lagged Values 
Benchmark  Embed    Timeline 

American Airlines regressed lagged prices vs. current prices

 Current vs Lagged Prices 
Benchmark  Embed    Timeline 

American Airlines Group Backtested Returns

Macroaxis considers American Airlines to be not too volatile. American Airlines Group secures Sharpe Ratio (or Efficiency) of -0.221 which signifies that American Airlines Group had -0.221% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. American Airlines Group Inc exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm American Airlines Group Mean Deviation of 1.6 and Risk Adjusted Performance of (0.11) to double-check risk estimate we provide. Macroaxis gives American Airlines performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -1.0483 which signifies that . Even though it is essential to pay attention to American Airlines Group historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. American Airlines Group Inc exposes twenty-eight different technical indicators which can help you to evaluate its performance. American Airlines Group has expected return of -0.4323%. Please be advised to confirm American Airlines Group Treynor Ratio, Expected Short fall and the relationship between Jensen Alpha and Potential Upside to decide if American Airlines Group past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.31 

Below average predictability

American Airlines Group Inc has below average predictability. Overlapping area represents the amount of predictability between American Airlines time series from February 23, 2017 to March 10, 2017 and March 10, 2017 to March 25, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Airlines Group price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current American Airlines price fluctuation can be explain by its past prices.
Correlation Coefficient 0.31
Spearman Rank Test -0.06
Price Variance 0.78
Lagged Price Variance 1.23

American Airlines Lagged Returns

 Regressed Prices 
Benchmark  Embed    Timeline 

American Airlines Performance vs NYSE

The median price of American Airlines for the period between Thu, Feb 23, 2017 and Sat, Mar 25, 2017 is 43.9 with a coefficient of variation of 5.22. The daily time series for the period is distributed with a sample standard deviation of 2.28, arithmetic mean of 43.73, and mean deviation of 2.06. The Stock received some media coverage during the period.
Price Growth (%)  
Benchmark  Embed    Timeline