Delta Air (Mexico) Probability of Future Stock Price Finishing Under 594.64
| DAL Stock | MXN 1,284 21.51 1.70% |
Delta |
Delta Air Target Price Odds to finish below 594.64
The tendency of Delta 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 594.64 or more in 90 days |
| 1,284 | 90 days | 594.64 | near 1 |
Based on a normal probability distribution, the odds of Delta Air to drop to 594.64 or more in 90 days from now is near 1 (This Delta Air Lines probability density function shows the probability of Delta Stock to fall within a particular range of prices over 90 days) . Probability of Delta Air Lines price to stay between 594.64 and its current price of 1283.51 at the end of the 90-day period is about 85.35 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.58 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Delta Air will likely underperform. Additionally Delta Air Lines has an alpha of 0.4963, implying that it can generate a 0.5 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Delta Air Price Density |
| Price |
Predictive Modules for Delta Air
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delta Air Lines. 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.Delta Air Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Delta Air is not an exception. The market had few large corrections towards the Delta Air'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 Delta Air Lines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Delta Air within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.50 | |
β | Beta against Dow Jones | 1.58 | |
σ | Overall volatility | 166.87 | |
Ir | Information ratio | 0.21 |
Delta Air 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 Delta Air for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Delta Air Lines can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Delta Air Lines has accumulated 20.67 B in total debt. Delta Air Lines has a current ratio of 0.81, 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 Delta Air until it has trouble settling it off, either with new capital or with free cash flow. So, Delta Air'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 Delta Air Lines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Delta to invest in growth at high rates of return. When we think about Delta Air's use of debt, we should always consider it together with cash and equity. | |
| About 68.0% of the company shares are held by institutions such as insurance companies |
Delta Air 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 Delta Stock often depends not only on the future outlook of the current and potential Delta Air'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. Delta Air's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 641.2 M |
Delta Air Technical Analysis
Delta Air's future price can be derived by breaking down and analyzing its technical indicators over time. Delta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Delta Air Lines. In general, you should focus on analyzing Delta Stock price patterns and their correlations with different microeconomic environments and drivers.
Delta Air Predictive Forecast Models
Delta Air's time-series forecasting models is one of many Delta Air'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 Delta Air'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 Delta Air Lines
Checking the ongoing alerts about Delta Air for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Delta Air Lines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Delta Air Lines has accumulated 20.67 B in total debt. Delta Air Lines has a current ratio of 0.81, 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 Delta Air until it has trouble settling it off, either with new capital or with free cash flow. So, Delta Air'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 Delta Air Lines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Delta to invest in growth at high rates of return. When we think about Delta Air's use of debt, we should always consider it together with cash and equity. | |
| About 68.0% of the company shares are held by institutions such as insurance companies |
Additional 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.