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WINNING

Global Airlines Travel

Airlines and OTAs: DAL, UAL, BKNG, ABNB — post-pandemic travel demand

Global Airlines & Travel

3Y
Total Return
+58.6%
3Y
Sharpe Ratio
0.67
3Y
Max Drawdown
-20.9%
3Y
Win Rate
51.3%
3Y
Alpha
-6.4%
3Y
Comp. Score *
0.05
Risk Parameters
Max Allocation7.1%
Stop Loss20.9%
Take Profit8.3%
Max DD Tolerance20.9%
Rebalanceweekly
Execution Guidance
Order TypeMarket
Entry RuleUse market orders for volatile names.
TimingSAFE TO BUY. *
ScalingEnter in 3 tranches over 1-2 weeks.
Positions — Vol-Adjusted Sizing
SymbolActionVol Stop LossTake ProfitSizeLinks
EXPE BUY 45% 39.8% below entry 15.9% above entry 3.7% TVYH
MAR BUY 28% 24.1% below entry 9.6% above entry 6.2% TVYH
UAL BUY 53% 40.0% below entry 18.5% above entry 3.2% TVYH
TCOM BUY 43% 38.1% below entry 15.2% above entry 3.9% TVYH
JBLU BUY 69% 40.0% below entry 24.2% above entry 2.5% TVYH
AAL BUY 50% 40.0% below entry 17.6% above entry 3.4% TVYH
DAL BUY 45% 39.7% below entry 15.9% above entry 3.8% TVYH
LUV BUY 42% 37.2% below entry 14.9% above entry 4.0% TVYH
▶ For Passive Investors (Buy & Hold)

This strategy is NOT recommended for passive investing. - Take profit: Take profit at +50%. This strategy is inconsistent — capture gains when available. - Stop loss: Reduce position by 50% at -25% drawdown. Consistency is only 35%. - Exit rule: Review semi-annually. Exit if strategy thesis no longer holds based on fundamental analysis.

Avg 5Y Return
-25.5%
Avg 5Y Sharpe
-0.41
10Y Return
-36.4%
10Y Sharpe
-0.33
HODL Composite
-0.03
Consistency
35%
Suitable for passive
No