Allakos Stock Performance
| ALLK Stock | USD 1.03 0.02 1.98% |
Allakos holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.28, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Allakos will likely underperform. Use Allakos total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to analyze future returns on Allakos.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Allakos are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain essential indicators, Allakos disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
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 |
| Begin Period Cash Flow | 88.7 M |
Allakos |
Allakos Relative Risk vs. Return Landscape
If you would invest 65.00 in Allakos on September 3, 2024 and sell it today you would earn a total of 38.00 from holding Allakos or generate 58.46% return on investment over 90 days. Allakos is currently generating 1.144% in daily expected returns and assumes 10.0181% risk (volatility on return distribution) over the 90 days horizon. In different words, 89% of stocks are less volatile than Allakos, and 78% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Allakos Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allakos' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Allakos, and traders can use it to determine the average amount a Allakos' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1142
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Estimated Market Risk
| 10.02 actual daily | 89 89% of assets are less volatile |
Expected Return
| 1.14 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Allakos is performing at about 8% 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 Allakos by adding it to a well-diversified portfolio.
Allakos Fundamentals Growth
Allakos Stock prices reflect investors' perceptions of the future prospects and financial health of Allakos, and Allakos fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Allakos Stock performance.
| Return On Equity | -1.22 | ||||
| Return On Asset | -0.49 | ||||
| Current Valuation | 38.31 M | ||||
| Shares Outstanding | 89.34 M | ||||
| Price To Earning | (21.26) X | ||||
| Price To Book | 1.27 X | ||||
| EBITDA | (189.91 M) | ||||
| Net Income | (185.7 M) | ||||
| Cash And Equivalents | 212.44 M | ||||
| Cash Per Share | 3.87 X | ||||
| Total Debt | 41.47 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 6.08 X | ||||
| Book Value Per Share | 0.81 X | ||||
| Cash Flow From Operations | (116.48 M) | ||||
| Earnings Per Share | (2.03) X | ||||
| Market Capitalization | 92.02 M | ||||
| Total Asset | 243.61 M | ||||
| Retained Earnings | (1.12 B) | ||||
| Working Capital | 143.31 M | ||||
| Current Asset | 37.1 M | ||||
| Current Liabilities | 3.08 M | ||||
About Allakos Performance
By examining Allakos' fundamental ratios, stakeholders can obtain critical insights into Allakos' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Allakos is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.76) | (0.80) | |
| Return On Capital Employed | (0.95) | (0.99) | |
| Return On Assets | (0.76) | (0.80) | |
| Return On Equity | (1.10) | (1.05) |
Things to note about Allakos performance evaluation
Checking the ongoing alerts about Allakos for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Allakos help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Allakos is way too risky over 90 days horizon | |
| Allakos has some characteristics of a very speculative penny stock | |
| Allakos appears to be risky and price may revert if volatility continues | |
| Allakos has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (185.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Allakos currently holds about 212.44 M in cash with (116.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.87, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Over 82.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Allakos Reports Q3 2024 Results and Research Progress - TipRanks |
- Analyzing Allakos' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Allakos' stock is overvalued or undervalued compared to its peers.
- Examining Allakos' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Allakos' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Allakos' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Allakos' stock. These opinions can provide insight into Allakos' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allakos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allakos. If investors know Allakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allakos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.03) | Return On Assets (0.49) | Return On Equity (1.22) |
The market value of Allakos is measured differently than its book value, which is the value of Allakos that is recorded on the company's balance sheet. Investors also form their own opinion of Allakos' value that differs from its market value or its book value, called intrinsic value, which is Allakos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allakos' market value can be influenced by many factors that don't directly affect Allakos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allakos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allakos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allakos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.