American Airlines Group Stock Market Value

AAL Stock  USD 10.73  0.05  0.47%   
American Airlines' market value is the price at which a share of American Airlines trades on a public exchange. It measures the collective expectations of American Airlines Group investors about its performance. American Airlines is selling for 10.73 as of the 13th of July 2024. This is a 0.47% increase since the beginning of the trading day. The stock's lowest day price was 10.34.
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 Passenger Airlines space 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
0.71
Revenue Per Share
81.227
Quarterly Revenue Growth
0.031
Return On Assets
0.0351
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
06/13/2024
No Change 0.00  0.0 
In 31 days
07/13/2024
0.00
If you would invest  0.00  in American Airlines on June 13, 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 30 days. American Airlines is related to or competes with Southwest Airlines, JetBlue Airways, and Frontier Group. 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, anticipate that 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.
Hype
Prediction
LowEstimatedHigh
8.1410.7013.26
Details
Intrinsic
Valuation
LowRealHigh
9.6613.4916.05
Details
Naive
Forecast
LowNextHigh
7.419.9712.54
Details
21 Analysts
Consensus
LowTargetHigh
13.7815.1416.81
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

American Airlines secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of standard deviation over the last 3 months. American Airlines Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Airlines' mean deviation of 1.65, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Airlines' returns are expected to increase less than the market. However, during the bear market, the loss of holding American Airlines is expected to be smaller as well. At this point, American Airlines has a negative expected return of -0.26%. Please make sure to confirm American Airlines' potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if American Airlines performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.32  

Below average predictability

American Airlines Group has below average predictability. Overlapping area represents the amount of predictability between American Airlines time series from 13th of June 2024 to 28th of June 2024 and 28th of June 2024 to 13th of July 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 0.32 indicates that nearly 32.0% of current American Airlines price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.21
Residual Average0.0
Price Variance0.04

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 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 price 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  

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Additional Information and Resources on Investing in American Stock

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.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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...