Air T Inc Preferred Stock Today
| AIRTP Preferred Stock | USD 17.09 0.09 0.53% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Air T is selling at 17.09 as of the 28th of April 2024; that is 0.53 percent increase since the beginning of the trading day. The preferred stock's last reported lowest price was 16.82. Air T has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Air T Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
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. The company has 3.04 M outstanding shares of which 1.67 K shares are presently shorted by private and institutional investors with about 1.29 days to cover all short positions. More on Air T Inc
Moving together with Air Preferred Stock
| 0.63 | GXO | GXO Logistics Financial Report 14th of May 2024 | PairCorr |
| 0.73 | FWRD | Forward Air Financial Report 6th of May 2024 | PairCorr |
Moving against Air Preferred Stock
| 0.77 | FDX | FedEx Financial Report 18th of June 2024 | PairCorr |
| 0.71 | ZTO | ZTO Express Financial Report 15th of May 2024 | PairCorr |
| 0.7 | GVH | Globavend Holdings | PairCorr |
| 0.65 | AIRT | Air T Inc | PairCorr |
Follow Valuation Odds of Bankruptcy
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Air Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Air T's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Air T or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Nicholas Swenson |
| Business Concentration | Transportation, Integrated Freight & Logistics, Industrials, Industrials, Air Freight & Logistics, Integrated Freight & Logistics, Industrials (View all Sectors) |
Air T Inc (AIRTP) is traded on NASDAQ Exchange in USA. It is located in 5930 Balsom Ridge Road, Denver, NC, United States, 28037 and employs 500 people. Air T is listed under Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 561.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Air T's market, we take the total number of its shares issued and multiply it by Air T's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Air T Inc classifies itself under Air Freight & Logistics sector and is part of Industrials industry. The entity has 3.04 M outstanding shares of which 1.67 K shares are presently shorted by private and institutional investors with about 1.29 days to cover all short positions.
Air T Inc has accumulated about 8.09 M in cash with (33.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.82.
Check Air T Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Air T Inc is currently $561.16 Million. Almost 100.0 percent of Air T outstanding shares are held by general public with 0.41 % by other corporate entities. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
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Air Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Air T jumping above the current price in 90 days from now is about 71.25%. The Air T Inc probability density function shows the probability of Air T preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Air T Inc has a beta of -0.4093. This suggests as returns on the benchmark increase, returns on holding Air T are expected to decrease at a much lower rate. During a bear market, however, Air T Inc is likely to outperform the market. Additionally, air T Inc has an alpha of 0.0158, implying that it can generate a 0.0158 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Air T to move above the current price in 90 days from now is about 71.25 (This Air T Inc probability density function shows the probability of Air Preferred Stock to fall within a particular range of prices over 90 days) .
Air T Inc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Air T market risk premium is the additional return an investor will receive from holding Air T long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Air T. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Air T's alpha and beta are two of the key measurements used to evaluate Air T's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.006 | |||
| Jensen Alpha | 0.0158 | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.0406 |
Air Stock Against Markets
Picking the right benchmark for Air T preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Air T preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Air T is critical whether you are bullish or bearish towards Air T Inc at a given time. Please also check how Air T's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Air T without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Air T Corporate Directors
Air T corporate directors refer to members of an Air T board of directors. The board of directors generally takes responsibility for the Air T's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Air T's board members must vote for the resolution. The Air T board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Raymond Cabillot | Director | Profile | |
| Gary Kohler | Director | Profile | |
| Andrew Stumpf | Director | Profile | |
| Seth Barkett | Interim Principal Financial Officer, Director | Profile |
How to buy Air Preferred Stock?
Before investing in Air T, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Air T. To buy Air T preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Air T. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Air T preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Air T Inc preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Air T Inc preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Air T Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Air T Inc?
The danger of trading Air T Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Air T is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Air T. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Air T Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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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