|Current Price||Horizon||Target Price||Odds to stay under $ 50.88 after 30 days|
| 39.99 ||30 days|| 50.88 || CLOSE TO 99%|
Based on normal probability distribution, the odds of American Airlines to stay under $ 50.88 after 30 days from now is close to 99% (This American Airlines Group probability density function shows the probability of American Airlines Stock to fall within a particular range of prices over 30 days) . Probability of American Airlines Group price to stay between its current price of $ 39.99 and $ 50.88 at the end of the 30-day period is roughly 2.69%.
Considering 30-days investment horizon, American Airlines has beta of 0.3457 . This suggests as returns on market go up, American Airlines average returns are expected to increase less than the benchmark. However during bear market, the loss on holding American Airlines Group will be expected to be much smaller as well. Additionally American Airlines Group has an alpha of 0.2398 implying that it can potentially generate 0.2398% excess return over DOW after adjusting for the inherited market risk (beta).
American Airlines Price Density
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