As of 22 of October American Airlines shows Mean Deviation of 1.77 and Risk Adjusted Performance of (0.07). American Airlines technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for American Airlines Group which can be compared to its rivals. Please confirm American AirlinesDownside Deviation, Treynor Ratio, Expected Short fall, as well as the relationship between Variance and Potential Upside to decide if American Airlines is priced correctly providing market reflects its regular price of 28.22 per share. Given that American Airlines has Jensen Alpha of (0.16), we suggest you validate American Airlines Group prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of fifty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of American Airlines volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
American Airlines Trend Analysis
Use this graph to draw trend lines for American Airlines Group. You can use it to identify possible trend reversals for American Airlines as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual American Airlines price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
American Airlines Best Fit Change Line
The following chart estimates an ordinary least squares regression model for American Airlines Group applied against its price change over selected period. The best fit line has a slop of 0.02 which may imply that the returns on investment in American Airlines Group will continue to fail. It has 122 observation points and a regression sum of squares at 18.71, which is the sum of squared deviations for the predicted American Airlines price change compared to its average price change.
American Airlines October 22, 2019 Technical Indicators