Allakos Stock Alpha and Beta Analysis
| ALLK Stock | USD 1.03 0.02 1.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Allakos. It also helps investors analyze the systematic and unsystematic risks associated with investing in Allakos over a specified time horizon. Remember, high Allakos' 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 Allakos' market risk premium analysis include:
Beta 1.28 | Alpha 0.73 | Risk 10.02 | Sharpe Ratio 0.11 | Expected Return 1.14 |
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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.
Allakos |
Allakos Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Allakos market risk premium is the additional return an investor will receive from holding Allakos 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 Allakos. 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 Allakos' performance over market.| α | 0.73 | β | 1.28 |
Allakos 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 Allakos' Buy-and-hold return. Our buy-and-hold chart shows how Allakos performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Allakos Market Price Analysis
Market price analysis indicators help investors to evaluate how Allakos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allakos shares will generate the highest return on investment. By understating and applying Allakos stock market price indicators, traders can identify Allakos position entry and exit signals to maximize returns.
Allakos Return and Market Media
The median price of Allakos for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 0.7 with a coefficient of variation of 34.3. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 0.87, and mean deviation of 0.26. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 13665 shares by Radford Harlan Baird of Allakos at 0.65 subject to Rule 16b-3 | 09/06/2024 |
2 | Disposition of 45320 shares by Lee Chin Hyok of Allakos at 0.65 subject to Rule 16b-3 | 09/09/2024 |
3 | Disposition of 37311 shares by Robert Alexander of Allakos at 0.58 subject to Rule 16b-3 | 09/11/2024 |
4 | Allakos stock plunges to 52-week low of 0.56 amid market challenges - Investing.com | 09/16/2024 |
5 | Allakos Insiders Miss 24 percent Gain After Offloading Stock | 10/22/2024 |
6 | FMR LLCs Strategic Acquisition of Allakos Inc Shares - GuruFocus.com | 11/12/2024 |
7 | Allakos Reports Q3 2024 Results and Research Progress - TipRanks | 11/20/2024 |
About Allakos 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 Allakos or other stocks. Alpha measures the amount that position in Allakos 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.
| 2021 | 2022 | 2023 (projected) | Current Ratio | 11.22 | 10.28 | 4.92 | Net Debt To EBITDA | 0.39 | 0.12 | 0.13 |
Allakos Upcoming Company Events
As portrayed in its financial statements, the presentation of Allakos' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Allakos' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Allakos' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Allakos. Please utilize our Beneish M Score to check the likelihood of Allakos' management manipulating its earnings.
| 4th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Allakos Backtesting, Allakos Valuation, Allakos Correlation, Allakos Hype Analysis, Allakos Volatility, Allakos History and analyze Allakos Performance. For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Allakos 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.