Air Transport Services Stock Price on June 1, 2022

ATSG Stock  USD 13.80  0.59  4.47%   
Below is the normalized historical share price chart for Air Transport Services extending back to July 25, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Air Transport stands at 13.80, as last reported on the 28th of March, with the highest price reaching 13.86 and the lowest price hitting 13.27 during the day.
IPO Date
23rd of July 2003
200 Day MA
17.8203
50 Day MA
14.032
Beta
0.835
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Air Stock, it is important to understand the factors that can impact its price. Air Transport Services secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Air Transport Services exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Air Transport's Mean Deviation of 2.11, standard deviation of 2.62, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
  
At this time, Air Transport's Common Stock is most likely to increase significantly in the upcoming years. The Air Transport's current Capital Stock is estimated to increase to about 714.3 K, while Other Stockholder Equity is projected to decrease to roughly 572.8 M. . At this time, Air Transport's Price To Book Ratio is most likely to increase slightly in the upcoming years. The Air Transport's current Price Cash Flow Ratio is estimated to increase to 3.05, while Price To Sales Ratio is projected to decrease to 0.50. Air Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1349

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsATSG

Estimated Market Risk

 2.69
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.36
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Air Transport is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Air Transport by adding Air Transport to a well-diversified portfolio.
Price Book
0.6622
Enterprise Value Ebitda
5.1305
Price Sales
0.4376
Shares Float
50.4 M
Wall Street Target Price
20.17

Air Transport Valuation on June 1, 2022

It is possible to determine the worth of Air Transport on a given historical date. On June 1, 2022 Air was worth 30.43 at the beginning of the trading date compared to the closed value of 30.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air Transport stock. Still, in general, we apply an absolute valuation method to find Air Transport's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Air Transport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Air Transport's related companies.
 Open High Low Close Volume
  31.19    31.59    30.05    30.22    392,700  
06/01/2022
  30.43    30.62    29.85    30.28    355,700  
  30.42    31.27    29.85    31.26    418,900  
Backtest Air Transport  |  Air Transport History  |  Air Transport Valuation   PreviousNext  
Open Value
30.43
30.28
Closing Value
38.50
Upside

Air Transport Trading Date Momentum on June 1, 2022

On June 02 2022 Air Transport Services was traded for  31.26  at the closing time. The top price for the day was 31.27  and the lowest listed price was  29.85 . The trading volume for the day was 418.9 K. The trading history from June 2, 2022 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 3.24% . The overall trading delta against the current closing price is 4.00% .

Air Transport Services Fundamentals Correlations and Trends

By evaluating Air Transport's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Air Transport's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Air financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Air Transport Stock history

Air Transport investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Air is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Air Transport Services will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Air Transport stock prices may prove useful in developing a viable investing in Air Transport
Last ReportedProjected for 2024
Common Stock Shares Outstanding75.6 M70.9 M
Net Income Applicable To Common Shares228.4 M239.8 M

Air Transport Stock Technical Analysis

Air Transport 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 Air Transport technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Air Transport 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...

Price Boundaries

Air Transport Period Price Range

Low
June 1, 2022
High

 30.43 

  

 30.28 

-0.15-0.49%

Air Transport March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Air Transport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Air Transport shares will generate the highest return on investment. By undertsting and applying Air Transport stock market strength indicators, traders can identify Air Transport Services entry and exit signals to maximize returns

Air Transport Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Air Transport's price direction in advance. Along with the technical and fundamental analysis of Air Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Air to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's 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 Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary 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.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Is Air Transport's 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 Air Transport. If investors know Air 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 Air Transport 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
(0.58)
Earnings Share
0.82
Revenue Per Share
30.166
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0272
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's 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 Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's 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 Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's 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.