Alaska Air Group Stock Alpha and Beta Analysis

ALK Stock  USD 75.74  3.20  4.41%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alaska Air Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alaska Air over a specified time horizon. Remember, high Alaska Air'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 Alaska Air's market risk premium analysis include:
Beta
(0.20)
Alpha
0.62
Risk
2.5
Sharpe Ratio
0.27
Expected Return
0.67
Please note that although Alaska Air alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Alaska Air did 0.62  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Alaska Air Group stock's relative risk over its benchmark. Alaska Air Group has a beta of 0.20  . As returns on the market increase, returns on owning Alaska Air are expected to decrease at a much lower rate. During the bear market, Alaska Air is likely to outperform the market. At this time, Alaska Air's Book Value Per Share is quite stable compared to the past year. Tangible Book Value Per Share is expected to rise to 6.18 this year, although Enterprise Value Multiple will most likely fall to 7.98.

Alaska Air Quarterly Cash And Equivalents

647 Million

647.0M
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.
  
Check out Alaska Air Backtesting, Alaska Air Valuation, Alaska Air Correlation, Alaska Air Hype Analysis, Alaska Air Volatility, Alaska Air History and analyze Alaska Air Performance.

Alaska Air Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alaska Air market risk premium is the additional return an investor will receive from holding Alaska Air 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 Alaska Air. 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 Alaska Air's performance over market.
α0.62   Î²-0.2
0.18990.62130.56850.4121-3.1601100%

Alaska Air 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 Alaska Air's Buy-and-hold return. Our buy-and-hold chart shows how Alaska Air performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.
0.010.670.03100%

Alaska Air Market Price Analysis

Market price analysis indicators help investors to evaluate how Alaska Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alaska Air shares will generate the highest return on investment. By understating and applying Alaska Air stock market price indicators, traders can identify Alaska Air position entry and exit signals to maximize returns.

Alaska Air Return and Market Media

The median price of Alaska Air for the period between Thu, Nov 21, 2024 and Wed, Feb 19, 2025 is 64.97 with a coefficient of variation of 12.71. The daily time series for the period is distributed with a sample standard deviation of 8.07, arithmetic mean of 63.48, and mean deviation of 6.82. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
JavaScript chart by amCharts 3.21.15123456789Dec2025Feb 010203040
JavaScript chart by amCharts 3.21.15Alaska Air Group Alaska Air Group Dividend Benchmark Dow Jones Industrial
       Timeline  
1
Disposition of 800 shares by Andrea Schneider of Alaska Air at 63.89 subject to Rule 16b-3
12/24/2024
2
100 Invested In This Stock 15 Years Ago Would Be Worth This Much Today
01/24/2025
3
Alaska Air Group, Inc. Hits Fresh High Is There Still Room to Run
02/03/2025
4
Woman sues Alaska Airlines over alleged sexual assault on flight
02/07/2025
5
Is Alaska Air Group Outperforming Other Transportation Stocks This Year
02/10/2025
6
Acquisition by Berry Jason M of 9290 shares of Alaska Air subject to Rule 16b-3
02/11/2025
7
Alaska Airlines May traffic rises 6.7 pct
02/12/2025
8
Alaska Air Group is a Great Momentum Stock Should You Buy
02/13/2025
9
Ryder Q4 Earnings Surpass Estimates, Improves Year Over Year
02/14/2025

About Alaska Air 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 Alaska or other stocks. Alpha measures the amount that position in Alaska Air Group 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.
 2024 2025 (projected)
Dividend Yield0.0080620.007658
Price To Sales Ratio0.70.47

Alaska Air Upcoming Company Events

As portrayed in its financial statements, the presentation of Alaska Air's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alaska Air's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Alaska Air's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Alaska Air. Please utilize our Beneish M Score to check the likelihood of Alaska Air's management manipulating its earnings.
18th of April 2024
Upcoming Quarterly Report
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23rd of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
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23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
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When determining whether Alaska Air Group 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 Alaska 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 Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
Alaska Air 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.
A focus of Alaska Air technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alaska Air trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...