|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.One Month Beta |Analyze American Airlines Group Demand TrendCheck current 30 days American Airlines correlation with market (DOW)|
β = 1.6767
American Airlines Group Technical Analysis
American Airlines Projected Return Density Against MarketConsidering 30-days investment horizon, the stock has beta coefficient of 1.6767 . 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, American Airlines Group has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
American Airlines Return VolatilityAmerican Airlines Group has volatility of 1.9516% on return distribution over 30 days investment horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.