Delta Air Lines Stock Probability of Future Stock Price Finishing Over 55.99

DAL Stock  USD 47.31  1.38  3.00%   
Delta Air's implied volatility is one of the determining factors in the pricing options written on Delta Air Lines. Implied volatility approximates the future value of Delta Air based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Delta Air Lines over a specific time period. For example, 2024-03-28 CALL at $47.5 is a CALL option contract on Delta Air's common stock with a strick price of 47.5 expiring on 2024-03-28. The contract was last traded on 2024-03-27 at 15:59:54 for $0.19 and, as of today, has 0 days remaining before the expiration. The option is currently trading at a bid price of $0.18, and an ask price of $0.21. The implied volatility as of the 28th of March is 27.71. View All Delta options

Closest to current price Delta long CALL Option Payoff at Expiration

Delta Air's future price is the expected price of Delta Air instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Delta Air Lines performance during a given time horizon utilizing its historical volatility. Check out Delta Air Backtesting, Delta Air Valuation, Delta Air Correlation, Delta Air Hype Analysis, Delta Air Volatility, Delta Air History as well as Delta Air Performance.
  
At this time, Delta Air's Price Cash Flow Ratio is quite stable compared to the past year. Price Fair Value is expected to rise to 2.48 this year, although the value of Price Earnings To Growth Ratio will most likely fall to 0.02. Please specify Delta Air's target price for which you would like Delta Air odds to be computed.

Delta Air Target Price Odds to finish over 55.99

The tendency of Delta Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 55.99  or more in 90 days
 47.31 90 days 55.99 
near 1
Based on a normal probability distribution, the odds of Delta Air to move over $ 55.99  or more in 90 days from now is near 1 (This Delta Air Lines probability density function shows the probability of Delta Stock to fall within a particular range of prices over 90 days) . Probability of Delta Air Lines price to stay between its current price of $ 47.31  and $ 55.99  at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.66 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Delta Air will likely underperform. Additionally Delta Air Lines has an alpha of 0.021, implying that it can generate a 0.021 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Delta Air Price Density   
       Price  

Predictive Modules for Delta Air

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delta Air Lines. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Delta 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.
Hype
Prediction
LowEstimatedHigh
45.2447.3149.38
Details
Intrinsic
Valuation
LowRealHigh
41.4643.5352.04
Details
Naive
Forecast
LowNextHigh
46.3548.4250.49
Details
21 Analysts
Consensus
LowTargetHigh
49.0953.9459.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Delta Air. Your research has to be compared to or analyzed against Delta Air's peers to derive any actionable benefits. When done correctly, Delta Air's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Delta Air Lines.

Delta Air Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Delta Air is not an exception. The market had few large corrections towards the Delta Air's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Delta Air Lines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Delta Air within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.02
β
Beta against NYSE Composite1.66
σ
Overall volatility
2.25
Ir
Information ratio 0.05

Delta Air Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Delta Air for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Delta Air Lines can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company has 27.28 B in debt with debt to equity (D/E) ratio of 6.96, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Delta Air Lines has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Delta Air until it has trouble settling it off, either with new capital or with free cash flow. So, Delta Air's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Delta Air Lines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Delta to invest in growth at high rates of return. When we think about Delta Air's use of debt, we should always consider it together with cash and equity.
About 70.0% of Delta Air shares are held by institutions such as insurance companies
On 18th of March 2024 Delta Air paid $ 0.1 per share dividend to its current shareholders
Latest headline from deseret.com: Flight from Salt Lake City turns around after plane part fell off during takeoff

Delta Air Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Delta Stock often depends not only on the future outlook of the current and potential Delta Air's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Delta Air's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding643 M
Cash And Short Term Investments3.9 B

Delta Air Technical Analysis

Delta Air's future price can be derived by breaking down and analyzing its technical indicators over time. Delta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Delta Air Lines. In general, you should focus on analyzing Delta Stock price patterns and their correlations with different microeconomic environments and drivers.

Delta Air Predictive Forecast Models

Delta Air's time-series forecasting models is one of many Delta Air's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Delta Air's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Delta Air Lines

Checking the ongoing alerts about Delta Air for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Delta Air Lines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has 27.28 B in debt with debt to equity (D/E) ratio of 6.96, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Delta Air Lines has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Delta Air until it has trouble settling it off, either with new capital or with free cash flow. So, Delta Air's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Delta Air Lines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Delta to invest in growth at high rates of return. When we think about Delta Air's use of debt, we should always consider it together with cash and equity.
About 70.0% of Delta Air shares are held by institutions such as insurance companies
On 18th of March 2024 Delta Air paid $ 0.1 per share dividend to its current shareholders
Latest headline from deseret.com: Flight from Salt Lake City turns around after plane part fell off during takeoff
When determining whether Delta Air Lines is a strong investment it is important to analyze Delta Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delta Air's future performance. For an informed investment choice regarding Delta Stock, refer to the following important reports:
Check out Delta Air Backtesting, Delta Air Valuation, Delta Air Correlation, Delta Air Hype Analysis, Delta Air Volatility, Delta Air History as well as Delta Air Performance.
Note that the Delta Air Lines information on this page should be used as a complementary analysis to other Delta Air's 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 the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Delta Stock analysis

When running Delta Air's price analysis, check to measure Delta Air's 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 Delta Air is operating at the current time. Most of Delta Air's value examination focuses on studying past and present price action to predict the probability of Delta Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Air's price. Additionally, you may evaluate how the addition of Delta Air to your portfolios can decrease your overall portfolio volatility.
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Is Delta Air's 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 Delta Air. If investors know Delta 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 Delta 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
1.436
Dividend Share
0.3
Earnings Share
7.17
Revenue Per Share
90.842
Quarterly Revenue Growth
0.059
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta 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 Delta Air's market value can be influenced by many factors that don't directly affect Delta 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 Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta 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.