Align Technology Stock Alpha and Beta Analysis
| ALGN Stock | USD 218.38 2.02 0.93% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Align Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Align Technology over a specified time horizon. Remember, high Align Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Align Technology's market risk premium analysis include:
Beta 0.37 | Alpha 0.0787 | Risk 2.23 | Sharpe Ratio (0.01) | Expected Return (0.03) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Align Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Align Technology market risk premium is the additional return an investor will receive from holding Align Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Align Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Align Technology's performance over market.| α | 0.08 | β | 0.37 |
Align Technology expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Align Technology's Buy-and-hold return. Our buy-and-hold chart shows how Align Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Align Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Align Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Align Technology shares will generate the highest return on investment. By understating and applying Align Technology stock market price indicators, traders can identify Align Technology position entry and exit signals to maximize returns.
Align Technology Return and Market Media
The median price of Align Technology for the period between Sat, Nov 9, 2024 and Fri, Feb 7, 2025 is 222.58 with a coefficient of variation of 4.29. The daily time series for the period is distributed with a sample standard deviation of 9.54, arithmetic mean of 222.13, and mean deviation of 8.21. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Why Is Align Technology Up 5.5 percent Since Last Earnings Report | 11/22/2024 |
2 | Intraoral Scanners Market to Grow by USD 915.75 Million , Driven by Enhanced Accuracy, Productivity, and AI-Driven Market Transformation - Technavio | 12/11/2024 |
3 | Align Technology Raised to Strong-Buy at Leerink Partnrs | 01/07/2025 |
4 | Zacks Investment Ideas feature highlights Align Technology and Coca-Cola | 01/10/2025 |
5 | Align Technology Inc Partners with NFL Star Patrick Mahomes as Invisalign Ambassador | 01/16/2025 |
6 | Align Technology, Inc. Shares Sold by Sicart Associates LLC | 01/17/2025 |
7 | Align Technology Inc Shares Up 3.74 percent on Jan 22 | 01/22/2025 |
8 | Align Technology, Inc. Not Flying Under The Radar | 01/24/2025 |
9 | Align Technology Earnings Expected to Grow What to Know Ahead of Next Weeks Release | 01/29/2025 |
10 | Intraoral Iol Scanner Market Research 2024-2034 Shift towards Chairside Dentistry, Personalized Treatment Solutions, Adoption of AI, Expansion of Digital Workfl... | 01/31/2025 |
11 | Align Technology projects 2025 mid-single-digit volume growth for clear aligners amid new product launches | 02/05/2025 |
12 | Behind the Scenes of Align Techs Latest Options Trends | 02/06/2025 |
About Align Technology Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Align or other stocks. Alpha measures the amount that position in Align Technology has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 | 2025 (projected) | ROE | 0.12 | 0.11 | 0.088 | Income Quality | 1.77 | 2.03 | 1.76 |
Align Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Align Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Align Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Align Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Align Technology. Please utilize our Beneish M Score to check the likelihood of Align Technology's management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Align Technology
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Align Technology Backtesting, Align Technology Valuation, Align Technology Correlation, Align Technology Hype Analysis, Align Technology Volatility, Align Technology History and analyze Align Technology Performance. To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Align Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.