Alight Inc Stock Price on December 31, 2022
| ALIT Stock | USD 7.99 0.03 0.37% |
Below is the normalized historical share price chart for Alight Inc extending back to July 17, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alight stands at 7.99, as last reported on the 29th of November, with the highest price reaching 8.10 and the lowest price hitting 7.97 during the day.
If you're considering investing in Alight Stock, it is important to understand the factors that can impact its price. Currently, Alight Inc is not too volatile. Alight Inc secures Sharpe Ratio (or Efficiency) of 0.0663, which signifies that the company had a 0.0663% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alight Inc, which you can use to evaluate the volatility of the firm. Please confirm Alight's Downside Deviation of 1.71, risk adjusted performance of 0.0485, and Mean Deviation of 1.54 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
At this time, Alight's Stock Based Compensation is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.05 in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 446.4 M in 2024. . At this time, Alight's Price To Operating Cash Flows Ratio is comparatively stable compared to the past year. Price Cash Flow Ratio is likely to gain to 13.15 in 2024, whereas Price To Sales Ratio is likely to drop 0.97 in 2024. Alight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of July 2020 | 200 Day MA 7.9144 | 50 Day MA 7.389 | Beta 1.076 |
Alight |
Sharpe Ratio = 0.0663
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Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Alight is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alight by adding it to a well-diversified portfolio.
Price Book 0.9844 | Enterprise Value Ebitda 27.673 | Price Sales 1.3175 | Shares Float 376.7 M | Wall Street Target Price 11 |
Alight Valuation on December 31, 2022
It is possible to determine the worth of Alight on a given historical date. On December 31, 2022 Alight was worth 8.2 at the beginning of the trading date compared to the closed value of 8.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alight stock. Still, in general, we apply an absolute valuation method to find Alight's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alight where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alight's related companies.
| Open | High | Low | Close | Volume | |
| 8.20 | 8.35 | 8.07 | 8.31 | 1,312,231 | |
12/30/2022 | 8.20 | 8.38 | 8.11 | 8.36 | 1,565,913 |
| 8.51 | 8.62 | 8.26 | 8.37 | 1,537,271 |
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Alight Trading Date Momentum on December 31, 2022
| On January 03 2023 Alight Inc was traded for 8.37 at the closing time. The top price for the day was 8.62 and the lowest listed price was 8.26 . The trading volume for the day was 1.5 M. The trading history from January 3, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.12% . The overall trading delta against the current closing price is 6.46% . |
Alight Inc Fundamentals Correlations and Trends
By evaluating Alight's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alight's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alight financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alight Stock history
Alight investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alight Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alight stock prices may prove useful in developing a viable investing in Alight
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 489.5 M | 446.4 M | |
| Net Loss | -55.8 M | -58.6 M |
Alight Stock Technical Analysis
Alight 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.
Price Boundaries
Alight Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Alight Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alight November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Alight stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alight shares will generate the highest return on investment. By undertsting and applying Alight stock market strength indicators, traders can identify Alight Inc entry and exit signals to maximize returns
Alight Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alight's price direction in advance. Along with the technical and fundamental analysis of Alight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alight to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0485 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.006 | |||
| Treynor Ratio | 0.0887 |
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Additional Tools for Alight Stock Analysis
When running Alight's price analysis, check to measure Alight's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alight is operating at the current time. Most of Alight's value examination focuses on studying past and present price action to predict the probability of Alight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alight's price. Additionally, you may evaluate how the addition of Alight to your portfolios can decrease your overall portfolio volatility.