Delta Air Lines Stock Filter Stocks by Fundamentals
| DAL Stock | MXN 836.00 16.00 1.95% |
Delta Air Lines fundamentals help investors to digest information that contributes to Delta Air's financial success or failures. It also enables traders to predict the movement of Delta Stock. The fundamental analysis module provides a way to measure Delta Air's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Delta Air stock.
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Delta Fundamentals
| Return On Equity | 0.25 | |||
| Return On Asset | 0.0333 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 866.55 B | |||
| Shares Outstanding | 641.19 M | |||
| Shares Owned By Insiders | 0.30 % | |||
| Shares Owned By Institutions | 67.63 % | |||
| Price To Earning | 112.86 X | |||
| Price To Book | 4.67 X | |||
| Price To Sales | 9.38 X | |||
| Revenue | 50.58 B | |||
| Gross Profit | 9.68 B | |||
| EBITDA | 2.94 B | |||
| Net Income | 1.32 B | |||
| Cash And Equivalents | 13.2 B | |||
| Cash Per Share | 20.70 X | |||
| Total Debt | 20.67 B | |||
| Current Ratio | 0.83 X | |||
| Book Value Per Share | 10.31 X | |||
| Cash Flow From Operations | 6.36 B | |||
| Earnings Per Share | 37.34 X | |||
| Price To Earnings To Growth | 41.11 X | |||
| Number Of Employees | 95 K | |||
| Beta | 1.26 | |||
| Market Capitalization | 459.88 B | |||
| Total Asset | 72.28 B | |||
| Z Score | 13.2 | |||
| Five Year Return | 2.18 % | |||
| Net Asset | 72.28 B |
About Delta Air Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Delta Air Lines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delta Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delta Air Lines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Delta Air
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delta Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delta Air will appreciate offsetting losses from the drop in the long position's value.Moving against Delta Stock
| 0.66 | TEFN | Telefnica SA | PairCorr |
| 0.62 | FIHO12 | FibraHotel | PairCorr |
| 0.6 | LUV | Southwest Airlines Earnings Call This Week | PairCorr |
| 0.57 | FUNO11 | Fibra UNO Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Delta Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delta Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delta Air Lines to buy it.
The correlation of Delta Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delta Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Air Lines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delta Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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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