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Airlines Stocks$86.17
1.54%4:00PM 05/26/2023
The list of companies include AAL-American Airlines Group Inc, ALGT-Allegiant Travel, ALK-Alaska Air Group Inc., ATSG-Air Transport Services Group Inc, CPA-Copa Holdings S.A., DAL-Delta Air Lines, Inc., HA-Hawaiian Holdings, Inc., JBLU-Jetblue Airways Corp, LUV-Southwest Airlines Co, MESA-Mesa Air Group Inc., SAVE-Spirit Airlines Inc, SKYW-Skywest Inc., UAL-United Airlines Holdings Inc, VTOL-Bristow Group Inc.
Latest intraday update before market close @ 19:45:51 PM 05/26/2023
Summary :
Average return is up 1.5%
Median return is up 0.8%
13 out of 18 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Airlines stocks up 1.5% on average while median return up 0.9% in a day
  • Airlines stocks up 1.8% on average while median return up 0.7% in a week
  • Airlines stocks up 11.6% on average while median return up 7.6% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
GOL8.8%
8.4%
37.4%
-0.020.41562.5M15%63\/\527-0.2%
VLRS5.9%
5.0%
21.3%
-19.9772.211.850.101.2B54%69\/-\/1760.2%
SKYW4.3%
6.5%
26.2%
46.13-1.171.051.1920%1.4B3%89%75\/\/Above resistance1760.1%
AZUL3.4%
14.4%
58.8%
0.110.671.1B38%72\/\176-0.2%
SAVE1.7%
-5.1%
-13.6%
-3.470.221.552.461.6B6%64%28\/\-351-0.1%
LUV1.4%
0.6%
-0.8%
29.072.023.594.7517.6B3%80%48\/\351-0.1%
ATSG1.2%
3.4%
-11.8%
9.0233.41.580.881.3B5%95%47/\176-0.2%
CPA1.0%
2.5%
22.7%
9.66.122.838.473.1B11%122%69\/-/At resistance1760.2%
ALGT0.9%
0.0%
2.4%
27.510.464.503.231.8B5%88%50\/\-176-0.0%
VTOL0.8%
0.3%
7.5%
41.841.810.73663M94%57/-176-0.1%
DAL0.4%
0.8%
7.7%
12.170.5259.472.2723.1B2%66%58\/\-1760.0%
ALK0.0%
1.3%
5.0%
98.060.982.742.895.8B2%82%58\/\-176-0.0%
JBLU0.0%
-3.7%
-1.7%
-7.440.071.482.712.2B4%83%46\/\176-0.1%
HA-0.1%
0.4%
2.4%
-2.020.12.242.98414.4M6%74%48\/\527-0.1%
AAL-0.2%
-3.2%
11.4%
4.960.061.149.4B15%52%53\/\-1760.0%
UAL-0.5%
-0.6%
10.3%
8.140.163.411.6815.5B3%65%57\/\/1760.1%
MESA-0.6%
-6.1%
-16.0%
-2.980.670.77202%68.2M5%83%40\/\-1760.3%
RYAAY-0.7%
6.2%
14.2%
26.375.3615.2224.3B46%64-/\/1760.3%

* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.

* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.

* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $AZUL 58.8%, $GOL 37.4%, $SKYW 26.2%, $CPA 22.7%, $VLRS 21.3%
  • 1M losers are : Losers for past month are $LUV -0.8%, $JBLU -1.7%, $ATSG -11.8%, $SAVE -13.6%, $MESA -16.0%
  • 1W winners are : Winners for past week are $AZUL 14.4%, $GOL 8.4%, $SKYW 6.5%, $RYAAY 6.2%, $VLRS 5.0%
  • 1W losers are : Losers for past week are $UAL -0.6%, $AAL -3.2%, $JBLU -3.7%, $SAVE -5.1%, $MESA -6.1%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 43.5%, for the past 3 months is 40.3%

In the past month for a 5 days rolling window, the highest corrrelation is 73.6%, the lowest correlation is 2.9%, the latest correlation is 24.2%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 91.7% between DAL and UAL

The lowest correlation is -33.9% between ATSG and VTOL

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