Allakos Change To Netincome from 2010 to 2024

ALLK Stock  USD 1.03  0.02  1.98%   
Allakos Change To Netincome yearly trend continues to be quite stable with very little volatility. Change To Netincome may rise above about 52.1 M this year. From the period between 2010 and 2024, Allakos, Change To Netincome regression line of its data series had standard deviation of  22,045,786 and standard deviation of  22,045,786. View All Fundamentals
 
Change To Netincome  
First Reported
2016-12-31
Previous Quarter
10.7 M
Current Value
8.4 M
Quarterly Volatility
5.1 M
 
Covid
Check Allakos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allakos' main balance sheet or income statement drivers, such as Net Interest Income of 11.3 M, Interest Income of 11.3 M or Depreciation And Amortization of 6.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.47. Allakos financial statements analysis is a perfect complement when working with Allakos Valuation or Volatility modules.
  
Check out the analysis of Allakos Correlation against competitors.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.

Latest Allakos' Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Allakos over the last few years. It is Allakos' Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allakos' overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

Allakos Change To Netincome Regression Statistics

Arithmetic Mean16,782,733
Geometric Mean2,216,345
Coefficient Of Variation131.36
Mean Deviation19,388,977
Median599,000
Standard Deviation22,045,786
Sample Variance486T
Range51.9M
R-Value0.88
Mean Square Error119.2T
R-Squared0.77
Significance0.000016
Slope4,332,225
Total Sum of Squares6804.2T

Allakos Change To Netincome History

202452.1 M
202349.7 M
202243.2 M
202150.9 M
202033.4 M
201915.8 M
20184.6 M

About Allakos Financial Statements

Allakos investors utilize fundamental indicators, such as Change To Netincome, to predict how Allakos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Netincome49.7 M52.1 M

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When determining whether Allakos is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Allakos Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Allakos Stock. Highlighted below are key reports to facilitate an investment decision about Allakos Stock:
Check out the analysis of Allakos Correlation against competitors.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allakos. If investors know Allakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allakos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.03)
Return On Assets
(0.49)
Return On Equity
(1.22)
The market value of Allakos is measured differently than its book value, which is the value of Allakos that is recorded on the company's balance sheet. Investors also form their own opinion of Allakos' value that differs from its market value or its book value, called intrinsic value, which is Allakos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allakos' market value can be influenced by many factors that don't directly affect Allakos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allakos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allakos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allakos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.