Allego Inc Stock Price on August 1, 2024
| ALLG Stock | USD 1.91 0.01 0.53% |
If you're considering investing in Allego Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allego stands at 1.91, as last reported on the 24th of November, with the highest price reaching 1.95 and the lowest price hitting 1.90 during the day. Allego appears to be dangerous, given 3 months investment horizon. Allego Inc secures Sharpe Ratio (or Efficiency) of 0.062, which signifies that the company had a 0.062% return per unit of risk over the last 3 months. By analyzing Allego's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please makes use of Allego's Mean Deviation of 9.11, downside deviation of 10.45, and Risk Adjusted Performance of 0.0674 to double-check if our risk estimates are consistent with your expectations.
At this time, Allego's Common Stock is most likely to increase significantly in the upcoming years. . The current Price To Sales Ratio is estimated to decrease to 2.06. The current Price Earnings Ratio is estimated to decrease to -3.01. Allego Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Allego |
Sharpe Ratio = 0.062
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Estimated Market Risk
| 14.06 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Allego is performing at about 4% 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 Allego by adding it to a well-diversified portfolio.
Price Book 10.9384 | Enterprise Value Ebitda (6.62) | Price Sales 3.4163 | Shares Float 23 M | Wall Street Target Price 7.5 |
Allego Valuation on August 1, 2024
It is possible to determine the worth of Allego on a given historical date. On August 1, 2024 Allego was worth 1.69 at the beginning of the trading date compared to the closed value of 1.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allego stock. Still, in general, we apply an absolute valuation method to find Allego'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 Allego where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allego's related companies.
| Open | High | Low | Close | Volume | |
| 1.69 | 1.70 | 1.69 | 1.69 | 28,336 | |
08/01/2024 | 1.69 | 1.70 | 1.69 | 1.69 | 35,218 |
| 1.68 | 1.68 | 1.55 | 1.67 | 79,537 |
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Allego Trading Date Momentum on August 1, 2024
| On August 02 2024 Allego Inc was traded for 1.67 at the closing time. The top price for the day was 1.68 and the lowest listed price was 1.55 . The trading volume for the day was 79.5 K. The trading history from August 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.18% . The overall trading delta against the current closing price is 20.12% . |
Allego Inc Fundamentals Correlations and Trends
By evaluating Allego'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 Allego's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allego financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allego Stock history
Allego 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 Allego is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allego 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 Allego stock prices may prove useful in developing a viable investing in Allego
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 268.2 M | 211.5 M | |
| Net Loss | -287.7 M | -273.3 M |
Allego Quarterly Net Working Capital |
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Allego Stock Technical Analysis
Allego 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
Allego Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Allego 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.
Allego November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Allego stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allego shares will generate the highest return on investment. By undertsting and applying Allego stock market strength indicators, traders can identify Allego Inc entry and exit signals to maximize returns
Allego Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allego's price direction in advance. Along with the technical and fundamental analysis of Allego Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allego 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 | 0.0674 | |||
| Jensen Alpha | 1.25 | |||
| Total Risk Alpha | (1.31) | |||
| Sortino Ratio | 0.1019 | |||
| Treynor Ratio | (2.13) |
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Complementary Tools for Allego Stock analysis
When running Allego's price analysis, check to measure Allego'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 Allego is operating at the current time. Most of Allego's value examination focuses on studying past and present price action to predict the probability of Allego's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allego's price. Additionally, you may evaluate how the addition of Allego to your portfolios can decrease your overall portfolio volatility.
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