Air Transport Services Stock Probability of Future Stock Price Finishing Under 23.19
| ATSG Stock | USD 12.83 0.19 1.50% |
Closest to current price Air long CALL Option Payoff at Expiration
Air |
Air Transport Target Price Odds to finish below 23.19
The tendency of Air Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 23.19 after 90 days |
| 12.83 | 90 days | 23.19 | close to 99 |
Based on a normal probability distribution, the odds of Air Transport to stay under $ 23.19 after 90 days from now is close to 99 (This Air Transport Services probability density function shows the probability of Air Stock to fall within a particular range of prices over 90 days) . Probability of Air Transport Services price to stay between its current price of $ 12.83 and $ 23.19 at the end of the 90-day period is about 74.98 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.16 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Air Transport will likely underperform. Additionally Air Transport Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Air Transport Price Density |
| Price |
Predictive Modules for Air Transport
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Air Transport Services. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Air Transport's 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.
Air Transport Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Air Transport is not an exception. The market had few large corrections towards the Air Transport's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Air Transport Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Air Transport within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.45 | |
β | Beta against NYSE Composite | 2.16 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | -0.14 |
Air Transport Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Air Transport for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Air Transport Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Air Transport generated a negative expected return over the last 90 days | |
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Technical Pivots with Risk Controls - Stock Traders Daily |
Air Transport Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Air Stock often depends not only on the future outlook of the current and potential Air Transport's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Air Transport's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.6 M | |
| Cash And Short Term Investments | 53.6 M |
Air Transport Technical Analysis
Air Transport's future price can be derived by breaking down and analyzing its technical indicators over time. Air Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Air Transport Services. In general, you should focus on analyzing Air Stock price patterns and their correlations with different microeconomic environments and drivers.
Air Transport Predictive Forecast Models
Air Transport's time-series forecasting models is one of many Air Transport's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Air Transport's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Air Transport Services
Checking the ongoing alerts about Air Transport for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Air Transport Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Air Transport generated a negative expected return over the last 90 days | |
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Technical Pivots with Risk Controls - Stock Traders Daily |
Check out Air Transport Backtesting, Air Transport Valuation, Air Transport Correlation, Air Transport Hype Analysis, Air Transport Volatility, Air Transport History as well as Air Transport Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
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.