Delta Air (Brazil) Price on March 16, 2023
| DEAI34 Stock | BRL 375.30 8.26 2.25% |
If you're considering investing in Delta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Delta Air stands at 375.30, as last reported on the 29th of November, with the highest price reaching 375.30 and the lowest price hitting 375.30 during the day. Delta Air appears to be very steady, given 3 months investment horizon. Delta Air Lines secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the company had a 0.3% return per unit of risk over the last 3 months. By reviewing Delta Air's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize Delta Air's Coefficient Of Variation of 314.7, downside deviation of 2.01, and Mean Deviation of 1.98 to check if our risk estimates are consistent with your expectations.
Delta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Delta |
Sharpe Ratio = 0.2969
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Delta Air is performing at about 23% of its full potential. 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 Delta Air by adding it to a well-diversified portfolio.
Delta Air Valuation on March 16, 2023
It is possible to determine the worth of Delta Air on a given historical date. On March 16, 2023 Delta was worth 188.5 at the beginning of the trading date compared to the closed value of 188.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Delta Air stock. Still, in general, we apply an absolute valuation method to find Delta Air'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 Delta Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Delta Air's related companies.
| Open | High | Low | Close | Volume | |
| 188.50 | 188.50 | 188.50 | 188.50 | 1.00 | |
03/16/2023 | 188.50 | 188.50 | 188.50 | 188.50 | 1.00 |
| 186.07 | 186.07 | 186.07 | 186.07 | 1.00 |
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Delta Air Trading Date Momentum on March 16, 2023
| On March 17 2023 Delta Air Lines was traded for 186.07 at the closing time. The highest price during the trading period was 186.07 and the lowest recorded bid was listed for 186.07 . There was no trading activity during the period 1.0. Lack of trading volume on March 17, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.29% . The overall trading delta to the current price is 1.29% . |
Delta Air Lines Fundamentals Correlations and Trends
By evaluating Delta Air'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 Delta Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Delta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Delta Air Stock history
Delta Air 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 Delta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Delta Air Lines 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 Delta Air stock prices may prove useful in developing a viable investing in Delta Air
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia. DELTA DRN operates under Airlines classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 80000 people.
Delta Air Stock Technical Analysis
Delta Air 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
Delta Air Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Delta Air Lines cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Delta Air November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Delta Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delta Air shares will generate the highest return on investment. By undertsting and applying Delta Air stock market strength indicators, traders can identify Delta Air Lines entry and exit signals to maximize returns
Delta Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Delta Air's price direction in advance. Along with the technical and fundamental analysis of Delta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Delta 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 | 0.2505 | |||
| Jensen Alpha | 0.8271 | |||
| Total Risk Alpha | 0.4176 | |||
| Sortino Ratio | 0.3421 | |||
| Treynor Ratio | (3.78) |
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| Volume Indicators |
Complementary 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.
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