Macroaxis considers American Airlines to be not too volatile. American Airlines secures Sharpe Ratio (or Efficiency) of -0.0608 which signifies that the organization had -0.0608% of return per unit of standard deviation over the last 3 months. 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 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm American Airlines Mean Deviation of 1.53 and Risk Adjusted Performance of
(0.009274) to double-check risk estimate we provide.
90 Days Market Risk
Not too volatile
Chance of Distress in 24 months
Close to average
90 Days Economic Sensitivity
Responds to market
|Horizon||30 Days Login to change|
American Airlines Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, American Airlines will likely underperform. 3 Months Beta |Analyze American Airlines Demand TrendCheck current 30 days American Airlines correlation with market (DOW)|
β = 1.5228
American Airlines Central Daily Price Deviation
American Airlines Technical Analysis
American Airlines Projected Return Density Against MarketConsidering 30-days investment horizon, the stock has beta coefficient of 1.5228 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, American Airlines will likely underperform. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. American Airlines is significantly underperforming DOW.
Predicted Return Density
Considering 30-days investment horizon, the coefficient of variation of American Airlines is -1645.41. The daily returns are destributed with a variance of 5.78 and standard deviation of 2.4. The mean deviation of American Airlines Group is currently at 1.82. For similar time horizon, the selected benchmark (DOW) has volatility of 0.88
|Alpha over DOW||=||0.1|
|Beta against DOW||=||1.52|
American Airlines Return Volatilitythe business has volatility of 2.4041% on return distribution over 30 days investment horizon. the entity inherits 0.9012% risk (volatility on return distribution) over the 30 days horizon.
American Airlines Investment Opportunity
American Airlines Group has a volatility of 2.4 and is 2.67 times more volatile than DOW. 21% of all equities and portfolios are less risky than American Airlines. Compared to the overall equity markets, volatility of historical daily returns of American Airlines Group is lower than 21 (%) of all global equities and portfolios over the last 30 days. Use American Airlines Group to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of American Airlines to be traded at $34.37 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, American Airlines will likely underperform.
American Airlines correlation with market
American Airlines Current Risk Indicators
|Risk Adjusted Performance||(0.009274)|
|Market Risk Adjusted Performance||(0.020678)|
|Coefficient Of Variation||(5,809)|
American Airlines Suggested Diversification Pairs