Delta Other Operating Expenses from 2010 to 2024
| DAL Stock | USD 47.85 0.03 0.06% |
Other Operating Expenses | First Reported 1986-06-30 | Previous Quarter 13 B | Current Value 13.1 B | Quarterly Volatility 3.3 B |
Check Delta Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Delta main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 1 B or Selling General Administrative of 3.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0054 or PTB Ratio of 2.48. Delta financial statements analysis is a perfect complement when working with Delta Air Valuation or Volatility modules.
Delta | Other Operating Expenses |
Latest Delta Air's Other Operating Expenses Growth Pattern
Below is the plot of the Other Operating Expenses of Delta Air Lines over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Delta Air Lines. It is also known as Delta Air overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Delta Air's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Delta Air's overall financial position and show how it may be relating to other accounts over time.
| Other Operating Expenses | 10 Years Trend |
|
Other Operating Expenses |
| Timeline |
Delta Other Operating Expenses Regression Statistics
| Arithmetic Mean | 35,177,936,667 | |
| Geometric Mean | 31,582,224,343 | |
| Coefficient Of Variation | 34.94 | |
| Mean Deviation | 8,154,790,667 | |
| Median | 34,043,000,000 | |
| Standard Deviation | 12,292,613,658 | |
| Sample Variance | 151108350.5T | |
| Range | 51B | |
| R-Value | 0.64 | |
| Mean Square Error | 96601790.9T | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 1,752,236,964 | |
| Total Sum of Squares | 2115516907.6T |
Delta Other Operating Expenses History
About Delta Air Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Delta Air income statement, its balance sheet, and the statement of cash flows. Delta Air investors use historical funamental indicators, such as Delta Air's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Delta Air investors may use each financial statement separately, they are all related. The changes in Delta Air's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Delta Air's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Delta Air Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Delta Air. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Operating Expenses | 52.8 B | 55.4 B |
Delta Air Investors Sentiment
The influence of Delta Air's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Delta. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Delta Air's public news can be used to forecast risks associated with an investment in Delta. The trend in average sentiment can be used to explain how an investor holding Delta can time the market purely based on public headlines and social activities around Delta Air Lines. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Delta Air's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Delta Air's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Delta Air's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Delta Air.
Delta Air Implied Volatility | 47.84 |
Delta Air's implied volatility exposes the market's sentiment of Delta Air Lines stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Delta Air's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Delta Air stock will not fluctuate a lot when Delta Air's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Delta Air in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Delta Air's short interest history, or implied volatility extrapolated from Delta Air options trading.
Pair Trading with Delta Air
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 Delta Air 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 Delta Air will appreciate offsetting losses from the drop in the long position's value.Moving together with Delta Stock
| 0.75 | ATCOL | Atlas Corp | PairCorr |
| 0.68 | ODFL | Old Dominion Freight Earnings Call This Week | PairCorr |
| 0.77 | RYAAY | Ryanair Holdings PLC Report 27th of May 2024 | PairCorr |
Moving against Delta Stock
| 0.9 | SRFM | Surf Air Mobility | PairCorr |
| 0.88 | AZ | A2Z Smart Technologies | PairCorr |
| 0.86 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.65 | AP | Ampco Pittsburgh | PairCorr |
| 0.63 | FA | First Advantage Corp Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Delta Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Air 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 Delta Air - 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 Delta Air Lines to buy it.
The correlation of Delta Air is a statistical measure of how it moves in relation to other instruments. 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 Delta Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Air Lines 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 Delta Air 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.Check out the analysis of Delta Air Correlation against competitors. Note that the Delta Air Lines information on this page should be used as a complementary analysis to other Delta Air's 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Delta Stock analysis
When running Delta Air's price analysis, check to measure Delta Air'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 Delta Air is operating at the current time. Most of Delta Air's value examination focuses on studying past and present price action to predict the probability of Delta Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Air's price. Additionally, you may evaluate how the addition of Delta Air to your portfolios can decrease your overall portfolio volatility.
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Is Delta Air'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 Delta Air. If investors know Delta 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 Delta Air 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 1.436 | Dividend Share 0.3 | Earnings Share 7.8 | Revenue Per Share 92.354 | Quarterly Revenue Growth 0.078 |
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air'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 Delta Air's market value can be influenced by many factors that don't directly affect Delta Air'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 Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air'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.