Delta Air Lines Stock Probability of Future Stock Price Finishing Under 42.05
| DAL Stock | USD 63.62 0.52 0.81% |
Delta |
Delta Air Target Price Odds to finish below 42.05
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 $ 42.05 or more in 90 days |
| 63.62 | 90 days | 42.05 | about 7.74 |
Based on a normal probability distribution, the odds of Delta Air to drop to $ 42.05 or more in 90 days from now is about 7.74 (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 $ 42.05 and its current price of $63.62 at the end of the 90-day period is about 84.08 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.59 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 0.5089, implying that it can generate a 0.51 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 | 0.51 | |
β | Beta against Dow Jones | 1.59 | |
σ | Overall volatility | 7.66 | |
Ir | Information ratio | 0.26 |
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 27.28 B in debt with debt to equity (D/E) ratio of 6.96, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Delta Air Lines has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Delta to invest in growth at high rates of return. | |
| Delta Air Lines has a strong financial position based on the latest SEC filings | |
| Over 80.0% of Delta Air shares are held by institutions such as insurance companies | |
| On 31st of October 2024 Delta Air paid $ 0.15 per share dividend to its current shareholders | |
| Latest headline from deadline.com: Earl Holliman Dead Forbidden Planet Actor With Dozens Of Credits Was 96 |
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 | 643 M | |
| Cash And Short Term Investments | 3.9 B |
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 27.28 B in debt with debt to equity (D/E) ratio of 6.96, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Delta Air Lines has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Delta to invest in growth at high rates of return. | |
| Delta Air Lines has a strong financial position based on the latest SEC filings | |
| Over 80.0% of Delta Air shares are held by institutions such as insurance companies | |
| On 31st of October 2024 Delta Air paid $ 0.15 per share dividend to its current shareholders | |
| Latest headline from deadline.com: Earl Holliman Dead Forbidden Planet Actor With Dozens Of Credits Was 96 |
Check out Delta Air Backtesting, Delta Air Valuation, Delta Air Correlation, Delta Air Hype Analysis, Delta Air Volatility, Delta Air History as well as Delta Air Performance. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 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 0.145 | Dividend Share 0.5 | Earnings Share 7.21 | Revenue Per Share 94.267 | Quarterly Revenue Growth 0.012 |
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.