DELTA AIR Revenue vs. Total Asset
| OYC Stock | 60.61 1.19 2.00% |
For DELTA AIR profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DELTA AIR to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DELTA AIR LINES utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DELTA AIR's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DELTA AIR LINES over time as well as its relative position and ranking within its peers.
DELTA |
DELTA AIR LINES Total Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DELTA AIR's current stock value. Our valuation model uses many indicators to compare DELTA AIR value to that of its competitors to determine the firm's financial worth. DELTA AIR LINES is rated top company in revenue category among its peers. It also is considered to be number one stock in total asset category among its peers fabricating about 1.43 of Total Asset per Revenue. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the DELTA AIR's earnings, one of the primary drivers of an investment's value.DELTA Revenue vs. Competition
DELTA AIR LINES is rated top company in revenue category among its peers. Market size based on revenue of Other industry is now estimated at about 183.29 Billion. DELTA AIR totals roughly 50.58 Billion in revenue claiming about 28% of all equities under Other industry.
DELTA Total Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
DELTA AIR |
| = | 50.58 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
DELTA AIR |
| = | 72.29 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
DELTA Total Asset Comparison
DELTA AIR is currently under evaluation in total asset category among its peers.
DELTA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DELTA AIR. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of DELTA AIR position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the DELTA AIR's important profitability drivers and their relationship over time.
Use DELTA AIR in pair-trading
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.DELTA AIR Pair Trading
DELTA AIR LINES Pair Trading Analysis
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.Use Investing Themes to Complement your DELTA AIR position
In addition to having DELTA AIR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 216 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Most Shorted Equities Theme or any other thematic opportunities.
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Additional 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.