Air T Inc Preferred Stock Price on March 12, 2024
| AIRTP Preferred Stock | USD 16.17 0.08 0.49% |
If you're considering investing in Air Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Air T stands at 16.17, as last reported on the 28th of May, with the highest price reaching 16.17 and the lowest price hitting 16.17 during the day. Air T Inc secures Sharpe Ratio (or Efficiency) of -0.0263, which signifies that the company had a -0.0263% return per unit of risk over the last 3 months. Air T Inc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Air T's Mean Deviation of 1.75, standard deviation of 2.66, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Air Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Air |
Sharpe Ratio = -0.0263
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Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Air T is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Air T by adding Air T to a well-diversified portfolio.
Air T Valuation on March 12, 2024
It is possible to determine the worth of Air T on a given historical date. On March 12, 2024 Air was worth 16.76 at the beginning of the trading date compared to the closed value of 16.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air T preferred stock. Still, in general, we apply an absolute valuation method to find Air T's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Air T where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Air T's related companies.
| Open | High | Low | Close | Volume | |
| 17.00 | 17.00 | 17.00 | 17.00 | 20.00 | |
03/12/2024 | 16.76 | 17.11 | 16.62 | 16.62 | 304.00 |
| 17.30 | 17.30 | 16.80 | 16.80 | 304.00 |
| Backtest Air T | | | Air T History | | | Air T Valuation | Previous | Next |
Air T Trading Date Momentum on March 12, 2024
| On March 13 2024 Air T Inc was traded for 16.80 at the closing time. The highest daily price throughout the period was 17.30 and the lowest price was 16.80 . The daily volume was 304. The net trading volume on 03/13/2024 added to the next day price gain. The overall trading delta to closing price of the next trading day was 1.08% . The overall trading delta to current closing price is 7.10% . |
Air T Inc Fundamentals Correlations and Trends
By evaluating Air T's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Air T's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Air financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Air T Preferred Stock history
Air T investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Air is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Air T Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Air T stock prices may prove useful in developing a viable investing in Air T
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina. Air T operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 500 people.
Air T Preferred Stock Technical Analysis
Air T technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
Price Boundaries
Air T Period Price Range
Low | March 12, 2024
| High |
16.76 | 16.62 |
Air T May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Air T preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Air T shares will generate the highest return on investment. By undertsting and applying Air T preferred stock market strength indicators, traders can identify Air T Inc entry and exit signals to maximize returns
Air T Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Air T's price direction in advance. Along with the technical and fundamental analysis of Air Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Air to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.1238 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air T Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Air Preferred Stock analysis
When running Air T's price analysis, check to measure Air T'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 Air T is operating at the current time. Most of Air T's value examination focuses on studying past and present price action to predict the probability of Air T's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air T's price. Additionally, you may evaluate how the addition of Air T to your portfolios can decrease your overall portfolio volatility.
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