AAL ranked worse than it's peers today. On a longer term basis, investors in AMERICAN AIRLINES GROUP INC. made -0.03% per day. Friday's performance of -0.15% was a underperformance compared to it's daily average.
AAL showed a strong bearish trend over the last 3 months. During this period AAL fell by -19.62% and saw a maximum drawdown of -30.41%. There were 4 short signals during this period that returned a cumulative of +7.43% to investors.
AAL has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 14 Jul, 2017 to 12 Oct, 2018. Over the last 2 years 11 months and 10 days, AAL underperformed the SP500 index on 49% days. Which indicates that on days AAL underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.
AAL was profitable on 50% days in the last three months. During this time, it delivered on average -0.29% per day. It delivered it's worst daily return of -9.12%, during this period, on Friday, 7 Dec, 2018. The longest stort-term trend during this period was 7 losing days, which started on 4 Oct, 2018 and ended on 12 Oct, 2018. This bearish trend lost -22.21% of investor capital.
During the last year AAL had 6 profitable months and 6 loss making months. AAL returned profits in fewer months than SP500 index. AAL was also a more risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -19.3% compared to -7.28% returned by SP500 index in Oct 2018. AAL had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.
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AAL is currently seeing overall increase in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in AAL's volatility from 17 Sep, 2018 to 30 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.
Advanced/professional short-term investors should note that AAL has significant positive skewness in it's return distribution. This indicates that investors can expect AAL to recover from drawdowns quickly. Which makes AAL a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.
Investors trading in AAL derivatives at this moment can consider 'Protective Collar' options strategy to receive better risk-adjusted returns.
Based on your interest in AAL you may find it interesting to know that AMZN is a large cap that has shown remarkable performance and deserves to be on every investors' watchlist.
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