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Delta Air Lines (LIM:DAL) 6-Month Price Index : 1.06 (As of Apr. 29, 2024)


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What is Delta Air Lines 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-29), Delta Air Lines's 6-Month Price Index is 1.06.

Competitive Comparison of Delta Air Lines's 6-Month Price Index

For the Airlines subindustry, Delta Air Lines's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Delta Air Lines  (LIM:DAL) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Delta Air Lines  (LIM:DAL) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Delta Air Lines 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Delta Air Lines's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Delta Air Lines (LIM:DAL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Delta Air Lines Inc (LIM:DAL) » Definitions » 6-Month Price Index
Comparable Companies
UAL LUV AAL ALK CPA SKYW JBLU ULCC ALGT ATSG DUB:RYA NSE:INDIGO SGX:C6L SHSE:601111 IST:THYAO SHSE:600029 LSE:IAG SHSE:600115 TSE:9202 XTER:LHA
Traded in Other Exchanges
DAL:USA DAL:Mexico OYC:Germany DEAI34:Brazil DAL:Austria
Address
Post Office Box 20706, Atlanta, GA, USA, 30320-6001
Website
https://www.delta.com
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul.