Latam Airlines Group Stock Price on October 21, 2024
| LTM Stock | USD 27.00 0.02 0.07% |
If you're considering investing in LATAM Stock, it is important to understand the factors that can impact its price. As of today, the current price of LATAM Airlines stands at 27.00, as last reported on the 13th of November 2024, with the highest price reaching 27.09 and the lowest price hitting 26.68 during the day. LATAM Airlines appears to be very steady, given 3 months investment horizon. LATAM Airlines Group has Sharpe Ratio of 0.14, which conveys that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for LATAM Airlines, which you can use to evaluate the volatility of the entity. Please exercise LATAM Airlines' mean deviation of 1.09, and Downside Deviation of 1.27 to check out if our risk estimates are consistent with your expectations.
At this time, LATAM Airlines' Total Stockholder Equity is very stable compared to the past year. As of the 13th of November 2024, Common Stock Shares Outstanding is likely to grow to about 634.7 B, while Liabilities And Stockholders Equity is likely to drop about 11.4 B. . At this time, LATAM Airlines' Price Earnings To Growth Ratio is very stable compared to the past year. As of the 13th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 4.43, while Price Earnings Ratio is likely to drop 12.19. LATAM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LATAM |
Sharpe Ratio = 0.1397
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average LATAM Airlines is performing at about 11% 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 LATAM Airlines by adding it to a well-diversified portfolio.
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LATAM Airlines Valuation on October 21, 2024
It is possible to determine the worth of LATAM Airlines on a given historical date. On October 21, 2024 LATAM was worth 26.5 at the beginning of the trading date compared to the closed value of 27.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LATAM Airlines stock. Still, in general, we apply an absolute valuation method to find LATAM Airlines' 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 LATAM Airlines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LATAM Airlines' related companies.
| Open | High | Low | Close | Volume | |
| 26.36 | 26.51 | 25.96 | 26.46 | 261,162 | |
10/21/2024 | 26.50 | 27.29 | 26.45 | 27.19 | 334,797 |
| 27.51 | 27.72 | 27.24 | 27.56 | 163,090 |
| Backtest LATAM Airlines | | | LATAM Airlines History | | | LATAM Airlines Valuation | Previous | Next |
LATAM Airlines Trading Date Momentum on October 21, 2024
| On October 22 2024 LATAM Airlines Group was traded for 27.56 at the closing time. Highest LATAM Airlines's price during the trading hours was 27.72 and the lowest price during the day was 27.24 . The net volume was 163.1 K. The overall trading history on the 22nd of October contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 1.36% . The trading delta at closing time to current price is 0.26% . |
LATAM Airlines Group Fundamentals Correlations and Trends
By evaluating LATAM Airlines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LATAM Airlines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LATAM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LATAM Airlines Stock history
LATAM Airlines 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 LATAM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LATAM Airlines Group 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 LATAM Airlines stock prices may prove useful in developing a viable investing in LATAM Airlines
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 604.4 B | 634.7 B |
LATAM Airlines Stock Technical Analysis
LATAM Airlines 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
LATAM Airlines Period Price Range
Low | November 13, 2024
| High |
0.00 | 0.00 |
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LATAM Airlines November 13, 2024 Market Strength
Market strength indicators help investors to evaluate how LATAM Airlines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LATAM Airlines shares will generate the highest return on investment. By undertsting and applying LATAM Airlines stock market strength indicators, traders can identify LATAM Airlines Group entry and exit signals to maximize returns
LATAM Airlines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LATAM Airlines' price direction in advance. Along with the technical and fundamental analysis of LATAM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LATAM 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 | 0.0956 | |||
| Jensen Alpha | 0.0743 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3052 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LATAM Airlines Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LATAM Airlines. If investors know LATAM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LATAM Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of LATAM Airlines Group is measured differently than its book value, which is the value of LATAM that is recorded on the company's balance sheet. Investors also form their own opinion of LATAM Airlines' value that differs from its market value or its book value, called intrinsic value, which is LATAM Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LATAM Airlines' market value can be influenced by many factors that don't directly affect LATAM Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LATAM Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if LATAM Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LATAM 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.