Alpha Teknova Stock Performance
| TKNO Stock | USD 7.47 0.12 1.63% |
On a scale of 0 to 100, Alpha Teknova holds a performance score of 12. The firm shows a Beta (market volatility) of 1.67, 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, Alpha Teknova will likely underperform. Please check Alpha Teknova's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Alpha Teknova's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Alpha Teknova are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting basic indicators, Alpha Teknova displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.63 | Five Day Return (0.40) | Year To Date Return 96.58 | Ten Year Return (70.12) | All Time Return (70.12) |
1 | Alpha Teknova, Inc. Short Interest Update - MarketBeat | 09/27/2024 |
2 | Revenues Tell The Story For Alpha Teknova, Inc. As Its Stock Soars 42 | 10/15/2024 |
3 | Acquisition by Ken Gelhaus of 72500 shares of Alpha Teknova subject to Rule 16b-3 | 10/18/2024 |
4 | Several Factors Lifted Alpha Teknova in Q3 | 10/23/2024 |
5 | Conestoga Capital Advisors LLC Has 1.48 Million Position in Alpha Teknova, Inc. | 11/01/2024 |
6 | Alpha Teknova Inc Q3 2024 Earnings Report Preview What To Look For | 11/06/2024 |
7 | Alpha Teknova, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
8 | Acquisition by Telegraph Hill Partners Iv, L.p. of 6917837 shares of Alpha Teknova at 1.85 subject to Rule 16b-3 | 11/27/2024 |
| Begin Period Cash Flow | 42.2 M |
Alpha |
Alpha Teknova Relative Risk vs. Return Landscape
If you would invest 455.00 in Alpha Teknova on September 2, 2024 and sell it today you would earn a total of 292.00 from holding Alpha Teknova or generate 64.18% return on investment over 90 days. Alpha Teknova is currently generating 0.967% in daily expected returns and assumes 6.3118% risk (volatility on return distribution) over the 90 days horizon. In different words, 56% of stocks are less volatile than Alpha, and 81% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Alpha Teknova Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Teknova's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alpha Teknova, and traders can use it to determine the average amount a Alpha Teknova's 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 = 0.1532
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.31 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Alpha Teknova is performing at about 12% 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 Alpha Teknova by adding it to a well-diversified portfolio.
Alpha Teknova Fundamentals Growth
Alpha Stock prices reflect investors' perceptions of the future prospects and financial health of Alpha Teknova, and Alpha Teknova 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 Alpha Stock performance.
| Return On Equity | -0.42 | ||||
| Return On Asset | -0.15 | ||||
| Profit Margin | (0.98) % | ||||
| Operating Margin | (0.53) % | ||||
| Current Valuation | 397.1 M | ||||
| Shares Outstanding | 53.3 M | ||||
| Price To Book | 4.56 X | ||||
| Price To Sales | 10.96 X | ||||
| Revenue | 36.68 M | ||||
| Gross Profit | 17.48 M | ||||
| EBITDA | (25.54 M) | ||||
| Net Income | (36.78 M) | ||||
| Cash And Equivalents | 64.73 M | ||||
| Cash Per Share | 2.30 X | ||||
| Total Debt | 30.46 M | ||||
| Debt To Equity | 0.27 % | ||||
| Current Ratio | 6.76 X | ||||
| Book Value Per Share | 2.21 X | ||||
| Cash Flow From Operations | (18.81 M) | ||||
| Earnings Per Share | (0.92) X | ||||
| Market Capitalization | 340.1 M | ||||
| Total Asset | 128.59 M | ||||
| Retained Earnings | (91.79 M) | ||||
| Working Capital | 36.78 M | ||||
About Alpha Teknova Performance
By examining Alpha Teknova's fundamental ratios, stakeholders can obtain critical insights into Alpha Teknova's 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 Alpha Teknova 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 | ||
| Days Of Inventory On Hand | 160.37 | 100.33 | |
| Return On Tangible Assets | (0.32) | (0.31) | |
| Return On Capital Employed | (0.30) | (0.28) | |
| Return On Assets | (0.29) | (0.27) | |
| Return On Equity | (0.41) | (0.39) |
Things to note about Alpha Teknova performance evaluation
Checking the ongoing alerts about Alpha Teknova for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alpha Teknova help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alpha Teknova is way too risky over 90 days horizon | |
| Alpha Teknova appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 36.68 M. Net Loss for the year was (36.78 M) with profit before overhead, payroll, taxes, and interest of 17.48 M. | |
| Alpha Teknova currently holds about 64.73 M in cash with (18.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3. | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Alpha Teknova, Inc. Q3 2024 Earnings Call Transcript |
- Analyzing Alpha Teknova's 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 Alpha Teknova's stock is overvalued or undervalued compared to its peers.
- Examining Alpha Teknova's 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 Alpha Teknova's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alpha Teknova's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alpha Teknova's stock. These opinions can provide insight into Alpha Teknova's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Alpha Teknova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Alpha Stock, please use our How to Invest in Alpha Teknova guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 Alpha Teknova. If investors know Alpha 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 Alpha Teknova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.92) | Revenue Per Share 0.917 | Quarterly Revenue Growth (0.17) | Return On Assets (0.15) | Return On Equity (0.42) |
The market value of Alpha Teknova is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Teknova's value that differs from its market value or its book value, called intrinsic value, which is Alpha Teknova's 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 Alpha Teknova's market value can be influenced by many factors that don't directly affect Alpha Teknova's 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 Alpha Teknova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Teknova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Teknova's 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.