Allot Communications Stock Market Value
| ALLT Stock | USD 4.39 0.54 14.03% |
| Symbol | Allot |
Allot Communications Price To Book Ratio
Is Systems Software 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 Allot Communications. If investors know Allot 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 Allot Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share 2.371 | Quarterly Revenue Growth (0.12) | Return On Assets (0.15) | Return On Equity (0.60) |
The market value of Allot Communications is measured differently than its book value, which is the value of Allot that is recorded on the company's balance sheet. Investors also form their own opinion of Allot Communications' value that differs from its market value or its book value, called intrinsic value, which is Allot Communications' 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 Allot Communications' market value can be influenced by many factors that don't directly affect Allot Communications' 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 Allot Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allot Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allot Communications' 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.
Allot Communications 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Allot Communications' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Allot Communications.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Allot Communications on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Allot Communications or generate 0.0% return on investment in Allot Communications over 30 days. Allot Communications is related to or competes with Lesaka Technologies, Priority Technology, CSG Systems, OneSpan, Sangoma Technologies, Verint Systems, and Cellebrite. Allot Ltd. provides network intelligence and security solutions to protect and personalize the digital experience in Eur... More
Allot Communications Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Allot Communications' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Allot Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.1032 | |||
| Maximum Drawdown | 16.35 | |||
| Value At Risk | (5.16) | |||
| Potential Upside | 7.14 |
Allot Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allot Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allot Communications' standard deviation. In reality, there are many statistical measures that can use Allot Communications historical prices to predict the future Allot Communications' volatility.| Risk Adjusted Performance | 0.1098 | |||
| Jensen Alpha | 0.3276 | |||
| Total Risk Alpha | 0.0014 | |||
| Sortino Ratio | 0.1313 | |||
| Treynor Ratio | 0.3256 |
Allot Communications Backtested Returns
Allot Communications appears to be relatively risky, given 3 months investment horizon. Allot Communications secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Allot Communications, which you can use to evaluate the volatility of the firm. Please makes use of Allot Communications' Downside Deviation of 2.84, mean deviation of 2.56, and Risk Adjusted Performance of 0.1098 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Allot Communications holds a performance score of 9. The firm shows a Beta (market volatility) of 1.45, 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, Allot Communications will likely underperform. Please check Allot Communications' downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Allot Communications' price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
Allot Communications has very good predictability. Overlapping area represents the amount of predictability between Allot Communications time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Allot Communications price movement. The serial correlation of 0.81 indicates that around 81.0% of current Allot Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Allot Communications lagged returns against current returns
Autocorrelation, which is Allot Communications stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Allot Communications' stock expected returns. We can calculate the autocorrelation of Allot Communications returns to help us make a trade decision. For example, suppose you find that Allot Communications has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Allot Communications regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Allot Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allot Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allot Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Allot Communications Lagged Returns
When evaluating Allot Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allot Communications stock have on its future price. Allot Communications autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Allot Communications autocorrelation shows the relationship between Allot Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Allot Communications.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Allot Stock Analysis
When running Allot Communications' price analysis, check to measure Allot Communications' 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 Allot Communications is operating at the current time. Most of Allot Communications' value examination focuses on studying past and present price action to predict the probability of Allot Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allot Communications' price. Additionally, you may evaluate how the addition of Allot Communications to your portfolios can decrease your overall portfolio volatility.