Air Transport (Mexico) Market Value
| ATSG Stock | MXN 225.53 0.00 0.00% |
| Symbol | Air |
Air Transport 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Air Transport's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Air Transport.
| 03/14/2024 |
| 06/12/2024 |
If you would invest 0.00 in Air Transport on March 14, 2024 and sell it all today you would earn a total of 0.00 from holding Air Transport Services or generate 0.0% return on investment in Air Transport over 90 days. Air Transport is related to or competes with Grupo Aeroportuario, Grupo Aeroportuario, and Grupo Aeroportuario. Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry More
Air Transport Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Air Transport's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Air Transport Services upside and downside potential and time the market with a certain degree of confidence.
Air Transport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Air Transport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Air Transport's standard deviation. In reality, there are many statistical measures that can use Air Transport historical prices to predict the future Air Transport's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Air Transport's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Air Transport Services Backtested Returns
We have found three technical indicators for Air Transport Services, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Air Transport are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Air Transport Services has no correlation between past and present. Overlapping area represents the amount of predictability between Air Transport time series from 14th of March 2024 to 28th of April 2024 and 28th of April 2024 to 12th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Air Transport Services price movement. The serial correlation of 0.0 indicates that just 0.0% of current Air Transport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Air Transport Services lagged returns against current returns
Autocorrelation, which is Air Transport stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Air Transport's stock expected returns. We can calculate the autocorrelation of Air Transport returns to help us make a trade decision. For example, suppose you find that Air Transport has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Air Transport regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Air Transport stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Air Transport stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Air Transport stock over time.
Current vs Lagged Prices |
| Timeline |
Air Transport Lagged Returns
When evaluating Air Transport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Air Transport stock have on its future price. Air Transport autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Air Transport autocorrelation shows the relationship between Air Transport stock current value and its past values and can show if there is a momentum factor associated with investing in Air Transport Services.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Air Stock Analysis
When running Air Transport's price analysis, check to measure Air Transport'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 Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport'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 Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.