American Airlines Backtesting

American Airlines Group Inc -- USA Stock  

USD 54.09  3.08  6.04%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of American Airlines Group Inc and determine expected loss or profit from investing in American Airlines over given investment horizon. Check also American Airlines Hype Analysis, American Airlines Correlation, American Airlines Valuation, American Airlines Volatility as well as analyze American Airlines Alpha and Beta and American Airlines Performance
 Time Horizon     30 Days    Login   to change

American Airlines 'What if' Analysis

February 22, 2018
No Change 0.00  0.0%
In 31 days
March 24, 2018
If you would invest  0.00  in American Airlines on February 22, 2018 and sell it all today you would earn a total of 0.00 from holding American Airlines Group Inc or generate 0.0% return on investment in American Airlines over 30 days. American Airlines is related to or competes with Hawaiian Holdings, Alaska Air, Delta Air, Southwest Airlines, and United Continental. American Airlines Group Inc., through its subsidiaries, operates as a network air carrier

American Airlines Upside/Downside Indicators


American Airlines Market Premium Indicators

American Airlines Group lagged returns against current returns

 Current and Lagged Values 

American Airlines regressed lagged prices vs. current prices

 Current vs Lagged Prices 

American Airlines Group Backtested Returns

Macroaxis considers American Airlines to be not too risky. American Airlines Group secures Sharpe Ratio (or Efficiency) of -0.1026 which signifies that American Airlines Group had -0.1026% 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 Inc exposes twenty-one 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 1.23 and Risk Adjusted Performance of 0.092702 to double-check risk estimate we provide. Macroaxis gives American Airlines performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.2232 which signifies that as returns on market increase, returns on owning American Airlines are expected to decrease at a much smaller rate. During bear market, American Airlines is likely to outperform the market.. Even though it is essential to pay attention to American Airlines Group historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. American Airlines Group Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. American Airlines Group has expected return of -0.1604%. Please be advised to confirm American Airlines Group Downside Deviation, Treynor Ratio, Expected Short fall, as well as the relationship between Variance and Potential Upside to decide if American Airlines Group past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.38) 

Poor reverse predictability

American Airlines Group Inc has poor reverse predictability. Overlapping area represents the amount of predictability between American Airlines time series from February 22, 2018 to March 9, 2018 and March 9, 2018 to March 24, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Airlines Group price movement. The serial correlation of -0.38 indicates that just about 38.0% of current American Airlines price fluctuation can be explain by its past prices. Given that American Airlines Group Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of American Airlines for similar time interval.
Correlation Coefficient -0.38
Spearman Rank Test -0.09
Price Variance 2.6
Lagged Price Variance 0.42

American Airlines Lagged Returns

 Regressed Prices 

American Airlines Performance vs DOW

The median price of American Airlines for the period between Thu, Feb 22, 2018 and Sat, Mar 24, 2018 is 54.26 with a coefficient of variation of 2.47. The daily time series for the period is distributed with a sample standard deviation of 1.34, arithmetic mean of 54.28, and mean deviation of 1.05. The Stock received some media coverage during the period.
 Price Growth (%)  
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