Air Transport Services Stock Alpha and Beta Analysis
| ATSG Stock | USD 21.95 0.01 0.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Air Transport Services. It also helps investors analyze the systematic and unsystematic risks associated with investing in Air Transport over a specified time horizon. Remember, high Air Transport's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Air Transport's market risk premium analysis include:
Beta 0.83 | Alpha 0.47 | Risk 4.01 | Sharpe Ratio 0.13 | Expected Return 0.53 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Air |
Air Transport Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Air Transport market risk premium is the additional return an investor will receive from holding Air Transport long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Air Transport. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Air Transport's performance over market.| α | 0.47 | β | 0.83 |
Air Transport expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Air Transport's Buy-and-hold return. Our buy-and-hold chart shows how Air Transport performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Air Transport Market Price Analysis
Market price analysis indicators help investors to evaluate how Air Transport 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 Transport shares will generate the highest return on investment. By understating and applying Air Transport stock market price indicators, traders can identify Air Transport position entry and exit signals to maximize returns.
Air Transport Return and Market Media
The median price of Air Transport for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 16.25 with a coefficient of variation of 15.48. The daily time series for the period is distributed with a sample standard deviation of 2.67, arithmetic mean of 17.27, and mean deviation of 2.16. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | ATSG Charitable Foundation Announces Support for STEM Education to Inspire Future Aviation Professionals | 09/17/2024 |
2 | Acquisition by Payne W Joseph of 2000 shares of Air Transport at 14.43 subject to Rule 16b-3 | 09/20/2024 |
3 | Acquisition by Michael Berger of 18000 shares of Air Transport at 20.78 subject to Rule 16b-3 | 10/01/2024 |
4 | Air Transport Services Group Inc Shares Up 5.98 percent on Oct 11 | 10/11/2024 |
5 | Air Transport Services to go private on 3.1 billion buyout by Stonepeak | 11/04/2024 |
6 | Strength Seen in Air Transport Services Can Its 26.4 percent Jump Turn into More Strength | 11/05/2024 |
7 | Loop Capital lifts Amazon stock target, maintains buy on strong Q3 results | 11/06/2024 |
8 | Seeking Clues to Air Transport Services Q3 Earnings A Peek Into Wall Street Projections for Key Metrics | 11/07/2024 |
9 | Air Transport Services Q3 Earnings Snapshot | 11/08/2024 |
10 | Air Transport Services Group Posts Quarterly Earnings Results, Misses Estimates By 0.04 EPS | 11/12/2024 |
11 | 21 Air makes debut cargo flight for Amazon | 11/18/2024 |
12 | United Parcel Service Quote - Press Release - The Globe and Mail | 11/21/2024 |
About Air Transport Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Air or other stocks. Alpha measures the amount that position in Air Transport Services has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Days Sales Outstanding | 36.65 | 53.82 | 38.0 | PTB Ratio | 1.43 | 1.35 | 0.88 |
Air Transport Upcoming Company Events
As portrayed in its financial statements, the presentation of Air Transport's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Air Transport's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Air Transport's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Air Transport. Please utilize our Beneish M Score to check the likelihood of Air Transport's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Air Transport
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Check out Air Transport Backtesting, Air Transport Valuation, Air Transport Correlation, Air Transport Hype Analysis, Air Transport Volatility, Air Transport History and analyze Air Transport Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Air Transport 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.