Sabre has recently partnered with Play Airlines for a distribution agreement. This partnership aims to enhance the distribution of Play Airlines’ services through Sabre’s global distribution system.
The TipRanks Smart Score performance is based on backtested results, which means it is not an indicator of future actual results. Backtested performance reflects the performance of a strategy that was not historically available to investors. It does not represent the returns that any investor actually achieved.
Backtested results are calculated by applying a model retroactively based on historical data. The assumptions integral to the model may or may not be testable and are subject to losses. General assumptions include the ability of a firm to purchase the recommended securities and the liquidity of the markets for trading.
Changes in these assumptions can significantly impact the backtested returns presented. Certain assumptions made for modeling purposes are unlikely to be realized. It is important to note that no representations and warranties are made as to the reasonableness of these assumptions.
Backtested performance is developed with the benefit of hindsight and has limitations. It does not reflect actual trading or the impact of economic and market factors on decision-making processes. Results may have under- or over-compensated for the effect of certain market factors.
It is crucial to understand that backtesting allows for adjustments to the security selection methodology until past returns are maximized. Actual performance may vary significantly from backtested performance.
The backtested results are adjusted to reflect the reinvestment of dividends and other income. They are presented gross of fees and do not include backtested transaction costs, management fees, performance fees, or expenses, if applicable. It is important to consider all regulatory considerations regarding the presentation of fees.
Overall, the partnership between Sabre and Play Airlines signifies a step towards improving the distribution of Play Airlines’ services. While the backtested results provide insights, it is essential to exercise caution and understand the limitations of such performance evaluations.