Alerus Financial Corp Stock Price on November 18, 2024
| ALRS Stock | USD 22.11 0.22 1.01% |
Below is the normalized historical share price chart for Alerus Financial Corp extending back to August 22, 1995. 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 Alerus Financial stands at 22.11, as last reported on the 25th of November, with the highest price reaching 22.26 and the lowest price hitting 21.89 during the day.
If you're considering investing in Alerus Stock, it is important to understand the factors that can impact its price. Currently, Alerus Financial Corp is not too volatile. Alerus Financial Corp secures Sharpe Ratio (or Efficiency) of 0.0195, which signifies that the company had a 0.0195% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Alerus Financial Corp, which you can use to evaluate the volatility of the firm. Please confirm Alerus Financial's mean deviation of 1.61, and Risk Adjusted Performance of 0.0333 to double-check if the risk estimate we provide is consistent with the expected return of 0.0499%.
Other Stockholder Equity is likely to gain to about 157.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 210.9 M in 2024. . At this time, Alerus Financial's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 16.16 in 2024, whereas Price Book Value Ratio is likely to drop 1.03 in 2024. Alerus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 2001 | 200 Day MA 21.1583 | 50 Day MA 22.443 | Beta 0.686 |
Alerus |
Sharpe Ratio = 0.0195
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Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Alerus Financial is performing at about 1% 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 Alerus Financial by adding it to a well-diversified portfolio.
Price Book 1.4495 | Price Sales 3.4056 | Shares Float 23.1 M | Dividend Share 0.78 | Wall Street Target Price 23.2 |
Related Headline
HMN Financial Headline on 9th of October 2024
Disposition of 109464 shares by Hmn Financial Inc Employee S... by businesswire.com
Filed transaction by HMN Financial Other: Esop Trustee. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Alerus Financial Valuation on November 18, 2024
It is possible to determine the worth of Alerus Financial on a given historical date. On November 18, 2024 Alerus was worth 22.05 at the beginning of the trading date compared to the closed value of 21.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alerus Financial stock. Still, in general, we apply an absolute valuation method to find Alerus Financial'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 Alerus Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alerus Financial's related companies.
| Open | High | Low | Close | Volume | |
| 22.30 | 22.45 | 21.79 | 22.09 | 113,962 | |
11/18/2024 | 22.05 | 22.22 | 21.82 | 21.82 | 44,241 |
| 21.63 | 21.76 | 21.56 | 21.70 | 35,356 |
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Alerus Financial Trading Date Momentum on November 18, 2024
| On November 19 2024 Alerus Financial Corp was traded for 21.70 at the closing time. The top price for the day was 21.76 and the lowest listed price was 21.56 . The trading volume for the day was 35.4 K. The trading history from November 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.55% . The overall trading delta against the current closing price is 1.24% . |
Alerus Financial Corp Fundamentals Correlations and Trends
By evaluating Alerus Financial'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 Alerus Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alerus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alerus Financial Stock history
Alerus Financial 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 Alerus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alerus Financial Corp 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 Alerus Financial stock prices may prove useful in developing a viable investing in Alerus Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.1 M | 16.7 M | |
| Net Income Applicable To Common Shares | 46 M | 48.3 M |
Alerus Financial Stock Technical Analysis
Alerus Financial 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
Alerus Financial Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Alerus Financial Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Alerus Financial November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Alerus Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alerus Financial shares will generate the highest return on investment. By undertsting and applying Alerus Financial stock market strength indicators, traders can identify Alerus Financial Corp entry and exit signals to maximize returns
Alerus Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alerus Financial's price direction in advance. Along with the technical and fundamental analysis of Alerus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alerus 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 | 0.0333 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0509 |
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Additional Tools for Alerus Stock Analysis
When running Alerus Financial's price analysis, check to measure Alerus Financial'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 Alerus Financial is operating at the current time. Most of Alerus Financial's value examination focuses on studying past and present price action to predict the probability of Alerus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alerus Financial's price. Additionally, you may evaluate how the addition of Alerus Financial to your portfolios can decrease your overall portfolio volatility.