Air Transport (Germany) Probability of Future Stock Price Finishing Under 15.41
| AW8 Stock | EUR 20.80 0.20 0.95% |
Air |
Air Transport Target Price Odds to finish below 15.41
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 drop to € 15.41 or more in 90 days |
| 20.80 | 90 days | 15.41 | about 41.0 |
Based on a normal probability distribution, the odds of Air Transport to drop to € 15.41 or more in 90 days from now is about 41.0 (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 € 15.41 and its current price of €20.8 at the end of the 90-day period is about 53.85 .
Assuming the 90 days horizon Air Transport Services has a beta of -0.23. This suggests as returns on the benchmark increase, returns on holding Air Transport are expected to decrease at a much lower rate. During a bear market, however, Air Transport Services is likely to outperform the market. Additionally Air Transport Services has an alpha of 0.6086, implying that it can generate a 0.61 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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.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 Dow Jones | 0.61 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 2.89 | |
Ir | Information ratio | 0.12 |
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 appears to be risky and price may revert if volatility continues | |
| Air Transport has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Air Transport Services has accumulated 1.46 B in total debt with debt to equity ratio (D/E) of 372.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Air Transport Services has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Air Transport until it has trouble settling it off, either with new capital or with free cash flow. So, Air Transport's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Air Transport Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air Transport's use of debt, we should always consider it together with cash and equity. | |
| Over 97.0% of Air Transport shares are held by institutions such as insurance companies |
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 | 72.3 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 appears to be risky and price may revert if volatility continues | |
| Air Transport has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Air Transport Services has accumulated 1.46 B in total debt with debt to equity ratio (D/E) of 372.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Air Transport Services has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Air Transport until it has trouble settling it off, either with new capital or with free cash flow. So, Air Transport's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Air Transport Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air Transport's use of debt, we should always consider it together with cash and equity. | |
| Over 97.0% of Air Transport shares are held by institutions such as insurance companies |
Additional Information and Resources on Investing in Air Stock
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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.