American Airlines Group Stock Market Value

AAL Stock  USD 14.11  0.15  1.07%   
American Airlines' market value is the price at which a share of American Airlines stock trades on a public exchange. It measures the collective expectations of American Airlines Group investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of American Airlines Group and determine expected loss or profit from investing in American Airlines over a given investment horizon.
Check out American Airlines Correlation, American Airlines Volatility and American Airlines Alpha and Beta module to complement your research on American Airlines.
Symbol

American Airlines Price To Book Ratio

Is American Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Airlines. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
1.21
Revenue Per Share
80.764
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0396
The market value of American Airlines is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Airlines' value that differs from its market value or its book value, called intrinsic value, which is American Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Airlines' market value can be influenced by many factors that don't directly affect American Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

American Airlines '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 American Airlines' 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 American Airlines.
0.00
01/19/2024
No Change 0.00  0.0 
In 2 months and 1 day
03/19/2024
0.00
If you would invest  0.00  in American Airlines on January 19, 2024 and sell it all today you would earn a total of 0.00 from holding American Airlines Group or generate 0.0% return on investment in American Airlines over 60 days. American Airlines is related to or competes with Daseke, Canadian National, Werner Enterprises, Canadian Pacific, and CSX. American Airlines Group Inc., through its subsidiaries, operates as a network air carrier More

American Airlines 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 American Airlines' 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 American Airlines Group upside and downside potential and time the market with a certain degree of confidence.

American Airlines Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Airlines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Airlines' standard deviation. In reality, there are many statistical measures that can use American Airlines historical prices to predict the future American Airlines' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of American Airlines' 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. Please use the tools below to analyze the current value of American Airlines in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
11.2714.1116.95
Details
Intrinsic
Valuation
LowRealHigh
11.8314.6717.51
Details
20 Analysts
Consensus
LowTargetHigh
13.7815.1416.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.35-0.26-0.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Airlines. Your research has to be compared to or analyzed against American Airlines' peers to derive any actionable benefits. When done correctly, American Airlines' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in American Airlines.

American Airlines Backtested Returns

We consider American Airlines not too volatile. American Airlines secures Sharpe Ratio (or Efficiency) of 0.0194, which signifies that the company had 0.0194% return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-nine technical indicators for American Airlines Group, which you can use to evaluate the future volatility of the firm. Please confirm American Airlines' risk adjusted performance of 0.0181, and Mean Deviation of 1.82 to double-check if the risk estimate we provide is consistent with the expected return of 0.0558%. American Airlines has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.7, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, American Airlines will likely underperform. Although it is important to respect American Airlines historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. American Airlines right now shows a risk of 2.88%. Please confirm American Airlines treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside to decide if American Airlines will be following its price patterns.

Auto-correlation

    
  -0.15  

Insignificant reverse predictability

American Airlines Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between American Airlines time series from 19th of January 2024 to 18th of February 2024 and 18th of February 2024 to 19th of March 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 American Airlines price movement. The serial correlation of -0.15 indicates that less than 15.0% of current American Airlines price fluctuation can be explain by its past prices.
Correlation Coefficient-0.15
Spearman Rank Test-0.62
Residual Average0.0
Price Variance0.31

American Airlines lagged returns against current returns

Autocorrelation, which is American Airlines 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 American Airlines' stock expected returns. We can calculate the autocorrelation of American Airlines returns to help us make a trade decision. For example, suppose you find that American Airlines stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

American Airlines 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 American Airlines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Airlines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Airlines stock over time.
   Current vs Lagged Prices   
       Timeline  

American Airlines Lagged Returns

When evaluating American Airlines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Airlines stock have on its future price. American Airlines 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, American Airlines autocorrelation shows the relationship between American Airlines stock current value and its past values and can show if there is a momentum factor associated with investing in American Airlines Group.
   Regressed Prices   
       Timeline  

Pair Trading with American Airlines

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Airlines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Airlines will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

  0.46ATSG Air Transport Services Financial Report 2nd of May 2024 PairCorr
  0.45VLRS Volaris Financial Report 22nd of April 2024 PairCorr
  0.43SRFM Surf Air MobilityPairCorr
The ability to find closely correlated positions to American Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Airlines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Airlines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Airlines Group to buy it.
The correlation of American Airlines is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Airlines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Airlines is a strong investment it is important to analyze American Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Airlines' future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out American Airlines Correlation, American Airlines Volatility and American Airlines Alpha and Beta module to complement your research on American Airlines.
Note that the American Airlines information on this page should be used as a complementary analysis to other American Airlines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running American Airlines' price analysis, check to measure American Airlines' 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 American Airlines is operating at the current time. Most of American Airlines' value examination focuses on studying past and present price action to predict the probability of American Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Airlines' price. Additionally, you may evaluate how the addition of American Airlines to your portfolios can decrease your overall portfolio volatility.
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American Airlines technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of American Airlines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Airlines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...