Delta Air Stock Forecast - Accumulation Distribution
DAL Stock | MXN 853.91 11.10 1.32% |
Delta Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Delta Air stock prices and determine the direction of Delta Air Lines's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Delta Air's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Delta Air to cross-verify your projections. Delta |
Most investors in Delta Air cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Delta Air's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Delta Air's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Delta Air is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Delta Air Lines to determine if accumulation or reduction is taking place in the market. This value is adjusted by Delta Air trading volume to give more weight to distributions with higher volume over lower volume.Previous Accumulation Distribution | Accumulation Distribution | Trend |
12.45 | 29.39 |
Check Delta Air Volatility | Backtest Delta Air | Information Ratio |
Delta Air Trading Date Momentum
On April 26 2024 Delta Air Lines was traded for 853.91 at the closing time. The maximum traded price for the trading interval was 855.00 and the lowest daily price was 845.55 . The daily volume was recorded at 2.7 K. The volume of trading on 26th of April 2024 did not affect price variability. The overall trading delta to the closing price today is 0.98% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Delta Air to competition |
Other Forecasting Options for Delta Air
For every potential investor in Delta, whether a beginner or expert, Delta Air's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Delta Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Delta. Basic forecasting techniques help filter out the noise by identifying Delta Air's price trends.Delta Air Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Delta Air stock to make a market-neutral strategy. Peer analysis of Delta Air could also be used in its relative valuation, which is a method of valuing Delta Air by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Delta Air Lines Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Delta Air's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Delta Air's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Delta Air Market Strength Events
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.
Accumulation Distribution | 29.39 | |||
Daily Balance Of Power | 1.174603 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 850.28 | |||
Day Typical Price | 851.49 | |||
Market Facilitation Index | 0.0036 | |||
Price Action Indicator | 9.19 | |||
Period Momentum Indicator | 11.1 |
Delta Air Risk Indicators
The analysis of Delta Air's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Delta Air's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting delta stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.34 | |||
Semi Deviation | 1.07 | |||
Standard Deviation | 1.69 | |||
Variance | 2.84 | |||
Downside Variance | 2.12 | |||
Semi Variance | 1.15 | |||
Expected Short fall | (1.61) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Delta Air in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Delta Air's short interest history, or implied volatility extrapolated from Delta Air options trading.
Pair Trading with Delta Air
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delta Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delta Air will appreciate offsetting losses from the drop in the long position's value.Moving together with Delta Stock
0.71 | UAL | United Airlines Holdings | PairCorr |
Moving against Delta Stock
0.56 | LUV | Southwest Airlines | PairCorr |
The ability to find closely correlated positions to Delta Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delta Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delta Air Lines to buy it.
The correlation of Delta Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delta Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Air Lines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delta Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Delta Air to cross-verify your projections. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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