Air Transport Services Stock Price on October 29, 2024
| ATSG Stock | USD 22.04 0.01 0.05% |
If you're considering investing in Air Stock, it is important to understand the factors that can impact its price. As of today, the current price of Air Transport stands at 22.04, as last reported on the 12th of January 2025, with the highest price reaching 22.06 and the lowest price hitting 22.02 during the day. Air Transport appears to be not too volatile, given 3 months investment horizon. Air Transport Services secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing Air Transport's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Air Transport's Risk Adjusted Performance of 0.1365, coefficient of variation of 637.47, and Mean Deviation of 1.13 to double-check if our risk estimates are consistent with your expectations.
Air Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Air |
Sharpe Ratio = 0.1569
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Estimated Market Risk
| 3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Air Transport is performing at about 12% 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 Air Transport by adding it to a well-diversified portfolio.
Air Transport Valuation on October 29, 2024
It is possible to determine the worth of Air Transport on a given historical date. On October 29, 2024 Air was worth 17.02 at the beginning of the trading date compared to the closed value of 17.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air Transport stock. Still, in general, we apply an absolute valuation method to find Air Transport'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 Transport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Air Transport's related companies.
| Open | High | Low | Close | Volume | |
| 16.78 | 17.61 | 16.73 | 17.20 | 463,265 | |
10/29/2024 | 17.02 | 17.75 | 16.94 | 17.46 | 466,052 |
| 17.32 | 17.64 | 17.05 | 17.29 | 340,093 |
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Air Transport Trading Date Momentum on October 29, 2024
| On October 30 2024 Air Transport Services was traded for 17.29 at the closing time. The top price for the day was 17.64 and the lowest listed price was 17.05 . The trading volume for the day was 340.1 K. The trading history from October 30, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.97% . The overall trading delta against the current closing price is 26.23% . |
Air Transport Services Fundamentals Correlations and Trends
By evaluating Air Transport'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 Transport'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 Transport Stock history
Air Transport 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 Transport Services 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 Transport stock prices may prove useful in developing a viable investing in Air Transport
Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and internationally. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio. Air Transport operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5280 people.
Air Transport Stock Technical Analysis
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.
Price Boundaries
Air Transport Period Price Range
Low | January 12, 2025
| High |
0.00 | 0.00 |
Air Transport Services 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 Transport January 12, 2025 Market Strength
Market strength 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 undertsting and applying Air Transport stock market strength indicators, traders can identify Air Transport Services entry and exit signals to maximize returns
Air Transport Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Air Transport'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 | 0.1365 | |||
| Jensen Alpha | 0.526 | |||
| Total Risk Alpha | 0.5781 | |||
| Sortino Ratio | 1.02 | |||
| Treynor Ratio | (2.28) |
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| Volume Indicators |
Complementary Tools for Air Stock analysis
When running Air Transport's price analysis, check to measure Air Transport'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 Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport'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 Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.
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