Air T Inc Stock Price on August 19, 2024
| AIRT Stock | USD 20.21 0.82 4.23% |
Below is the normalized historical share price chart for Air T Inc extending back to December 24, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Air T stands at 20.21, as last reported on the 26th of November, with the highest price reaching 20.22 and the lowest price hitting 18.74 during the day.
If you're considering investing in Air Stock, it is important to understand the factors that can impact its price. Air T Inc secures Sharpe Ratio (or Efficiency) of -0.0196, which signifies that the company had a -0.0196% return per unit of risk over the last 3 months. Air T Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Air T's Standard Deviation of 4.84, risk adjusted performance of (0.01), and Mean Deviation of 3.2 to double-check the risk estimate we provide.
At this time, Air T's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 186 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 515.6 K in 2024. . At this time, Air T's Price Fair Value is comparatively stable compared to the past year. Air Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of April 1984 | 200 Day MA 21.1594 | 50 Day MA 17.2056 | Beta 0.725 |
Air |
Sharpe Ratio = -0.0196
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AIRT |
Estimated Market Risk
| 4.97 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Air T is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Air T by adding Air T to a well-diversified portfolio.
Price Book 7.6073 | Enterprise Value Ebitda 18.0078 | Price Sales 0.1884 | Shares Float 1.9 M | Earnings Share (0.87) |
Air T Valuation on August 19, 2024
It is possible to determine the worth of Air T on a given historical date. On August 19, 2024 Air was worth 22.0 at the beginning of the trading date compared to the closed value of 22.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air T stock. Still, in general, we apply an absolute valuation method to find Air T's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Air T where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Air T's related companies.
| Open | High | Low | Close | Volume | |
| 22.66 | 22.82 | 21.20 | 21.74 | 44,697 | |
08/19/2024 | 22.00 | 23.06 | 21.61 | 22.50 | 159,199 |
| 22.30 | 22.85 | 21.90 | 22.21 | 53,125 |
| Backtest Air T | | | Air T History | | | Air T Valuation | Previous | Next |
Air T Trading Date Momentum on August 19, 2024
| On August 20 2024 Air T Inc was traded for 22.21 at the closing time. The top price for the day was 22.85 and the lowest listed price was 21.90 . The trading volume for the day was 53.1 K. The trading history from August 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.29% . The overall trading delta against the current closing price is 3.11% . |
Air T Inc Fundamentals Correlations and Trends
By evaluating Air T's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Air T's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Air financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Air T Stock history
Air T investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Air is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Air T Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Air T stock prices may prove useful in developing a viable investing in Air T
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.8 M | 3.1 M | |
| Net Loss | -11.1 M | -10.5 M |
Air T Quarterly Net Working Capital |
|
Air T Stock Technical Analysis
Air T 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.
Price Boundaries
Air T Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Air T Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Air T November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Air T stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Air T shares will generate the highest return on investment. By undertsting and applying Air T stock market strength indicators, traders can identify Air T Inc entry and exit signals to maximize returns
Air T Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Air T's price direction in advance. Along with the technical and fundamental analysis of Air Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Air to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (0.17) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Air Stock Analysis
When running Air T's price analysis, check to measure Air T'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 Air T is operating at the current time. Most of Air T's value examination focuses on studying past and present price action to predict the probability of Air T's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air T's price. Additionally, you may evaluate how the addition of Air T to your portfolios can decrease your overall portfolio volatility.