This is an index I have created to track airline stocks. It is equally weighted and includes:

  • BA - 1 share
  • AAL - 15 shares
  • UAL - 5 shares
  • DAL - 5 shares
  • SAVE - 9 shares
  • ALK - 5 shares
  • LUV - 5 shares
  • JBLU - 16 shares
Comment: Please leave thought below on why I should or should not leave BA in the index. Thank you!

Comments

How did you come up with the number of shares for each? and I would maybe exclude BA even though it is highly correlated it's technically not an airline.
+3 Reply
tonytate89 EBITDAtiger
@EBITDAtiger, Thanks for your input. Did an equal weight across everything at the time of creation. I am thinking about rebalancing now that Q1 has ended. I agree that BA should be removed as well. I will be put out another index this weekend.
+1 Reply
Hopefully one day, I'll be able to understand this...very new with looking at charts...
+2 Reply
so am what I'm seeing recommending buying all of these airlines now for a hold? And not sure I understand why considering removing BA as I feel it will definitely hit 300 by year end
+1 Reply
tonytate89 extreamsolutions
@extreamsolutions, I am using this as an airline index. BA has many lines of business that do not apply to commercial airlines. They get a lot of money through work government contracts
Reply
Thanks so much for your insight and creativity. Since BA is a UK company, I don't think they fit. It would be interesting to create a "global" airline index to compare to the USA index.
+1 Reply
tonytate89 vanhornjim
@vanhornjim Thank you for your comment. BA is a US company. Does that change your opinion?
Reply
vary nicee
+1 Reply
you didnt buy NAS.ol LoL :) great potential for a company wich was best afected in pandemy!
+1 Reply
amazing
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