Macroaxis considers American Airlines to be not too risky. American Airlines Group secures Sharpe Ratio (or Efficiency) of -0.1185 which signifies that American Airlines Group had -0.1185% of return per unit of standard deviation over the last 1 month. 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-six different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm American Airlines Group Mean Deviation of 1.32 and Risk Adjusted Performance of 0.01 to double-check risk estimate we provide.
|Time Horizon||30 Days Login to change|
American Airlines Group Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, American Airlines has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and American Airlines are completely uncorrelated. Furthermore, American Airlines GroupIt does not look like American Airlines alpha can have any bearing on the equity current valuation.
Predicted Return Density