Southwest Airlines (UK) Market Value

0L8F Stock   32.01  0.08  0.25%   
Southwest Airlines' market value is the price at which a share of Southwest Airlines trades on a public exchange. It measures the collective expectations of Southwest Airlines Co investors about its performance. Southwest Airlines is selling for under 32.01 as of the 22nd of November 2024; that is 0.25% up since the beginning of the trading day. The stock's lowest day price was 31.8.
With this module, you can estimate the performance of a buy and hold strategy of Southwest Airlines Co and determine expected loss or profit from investing in Southwest Airlines over a given investment horizon. Check out Southwest Airlines Correlation, Southwest Airlines Volatility and Southwest Airlines Alpha and Beta module to complement your research on Southwest Airlines.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.
Symbol

Please note, there is a significant difference between Southwest Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southwest Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southwest Airlines' 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.

Southwest Airlines 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Southwest Airlines' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Southwest Airlines.
0.00
12/03/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/22/2024
0.00
If you would invest  0.00  in Southwest Airlines on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Southwest Airlines Co or generate 0.0% return on investment in Southwest Airlines over 720 days. Southwest Airlines is related to or competes with Quadrise Plc, Intuitive Investments, European Metals, and Athelney Trust. Southwest Airlines is entity of United Kingdom More

Southwest Airlines Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Southwest Airlines' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Southwest Airlines Co upside and downside potential and time the market with a certain degree of confidence.

Southwest Airlines Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Southwest Airlines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southwest Airlines' standard deviation. In reality, there are many statistical measures that can use Southwest Airlines historical prices to predict the future Southwest Airlines' volatility.
Hype
Prediction
LowEstimatedHigh
29.8431.9534.06
Details
Intrinsic
Valuation
LowRealHigh
29.1431.2533.36
Details
Naive
Forecast
LowNextHigh
29.7431.8633.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.1731.2733.37
Details

Southwest Airlines Backtested Returns

Southwest Airlines appears to be very steady, given 3 months investment horizon. Southwest Airlines owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Southwest Airlines Co, which you can use to evaluate the volatility of the company. Please review Southwest Airlines' Coefficient Of Variation of 734.09, semi deviation of 1.87, and Risk Adjusted Performance of 0.1104 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Southwest Airlines holds a performance score of 8. The entity has a beta of 0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Southwest Airlines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Southwest Airlines is expected to be smaller as well. Please check Southwest Airlines' standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Southwest Airlines' existing price patterns will revert.

Auto-correlation

    
  -0.29  

Weak reverse predictability

Southwest Airlines Co has weak reverse predictability. Overlapping area represents the amount of predictability between Southwest Airlines time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Southwest Airlines price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Southwest Airlines price fluctuation can be explain by its past prices.
Correlation Coefficient-0.29
Spearman Rank Test-0.12
Residual Average0.0
Price Variance4.72

Southwest Airlines lagged returns against current returns

Autocorrelation, which is Southwest Airlines stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Southwest Airlines' stock expected returns. We can calculate the autocorrelation of Southwest Airlines returns to help us make a trade decision. For example, suppose you find that Southwest Airlines has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Southwest Airlines regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Southwest Airlines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southwest Airlines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southwest Airlines stock over time.
   Current vs Lagged Prices   
       Timeline  

Southwest Airlines Lagged Returns

When evaluating Southwest Airlines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southwest Airlines stock have on its future price. Southwest Airlines autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Southwest Airlines autocorrelation shows the relationship between Southwest Airlines stock current value and its past values and can show if there is a momentum factor associated with investing in Southwest Airlines Co.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Southwest Stock Analysis

When running Southwest Airlines' price analysis, check to measure Southwest Airlines' 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 Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.