Allegiant Travel Stock Price on August 18, 2024

ALGT Stock  USD 89.08  1.78  2.04%   
Below is the normalized historical share price chart for Allegiant Travel extending back to December 08, 2006. 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 Allegiant Travel stands at 89.08, as last reported on the 24th of December, with the highest price reaching 89.08 and the lowest price hitting 87.30 during the day.
IPO Date
8th of December 2006
200 Day MA
57.9855
50 Day MA
73.3818
Beta
1.612
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Allegiant Stock, it is important to understand the factors that can impact its price. Allegiant Travel is very steady given 3 months investment horizon. Allegiant Travel secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Allegiant Travel Risk Adjusted Performance of 0.2557, mean deviation of 2.7, and Downside Deviation of 2.77 to evaluate company specific risk that cannot be diversified away.
  
At this time, Allegiant Travel's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 5.1 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 24.3 K in 2024. . Price Earnings Ratio is likely to gain to 24.33 in 2024, whereas Price To Sales Ratio is likely to drop 0.56 in 2024. Allegiant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3146

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Estimated Market Risk

 3.3
  actual daily
29
71% of assets are more volatile

Expected Return

 1.04
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.31
  actual daily
24
76% of assets perform better
Based on monthly moving average Allegiant Travel is performing at about 24% 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 Allegiant Travel by adding it to a well-diversified portfolio.
Price Book
1.1902
Enterprise Value Ebitda
9.2412
Price Sales
0.6416
Shares Float
14.7 M
Dividend Share
1.8

Allegiant Travel Main Headline on 16th of August 2024

Filed transaction by Allegiant Travel Officer Evp And Cio. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Allegiant Travel Valuation on August 18, 2024

It is possible to determine the worth of Allegiant Travel on a given historical date. On August 18, 2024 Allegiant was worth 40.15 at the beginning of the trading date compared to the closed value of 39.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allegiant Travel stock. Still, in general, we apply an absolute valuation method to find Allegiant Travel'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 Allegiant Travel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allegiant Travel's related companies.
 Open High Low Close Volume
  37.75    41.06    37.50    40.53    532,569  
08/16/2024
  40.15    41.13    38.89    39.10    322,226  
  39.17    40.48    39.16    39.91    299,106  
Backtest Allegiant Travel  |  Allegiant Travel History  |  Allegiant Travel Valuation   PreviousNext  
Open Value
40.15
39.1
Closing Value
50.06
Upside

Allegiant Travel Trading Date Momentum on August 18, 2024

On August 19 2024 Allegiant Travel was traded for  39.91  at the closing time. The top price for the day was 40.48  and the lowest listed price was  39.16 . The trading volume for the day was 299.1 K. The trading history from August 19, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 2.07% . The overall trading delta against the current closing price is 15.09% .

Allegiant Travel Fundamentals Correlations and Trends

By evaluating Allegiant Travel'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 Allegiant Travel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allegiant financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Allegiant Travel Stock history

Allegiant Travel 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 Allegiant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allegiant Travel 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 Allegiant Travel stock prices may prove useful in developing a viable investing in Allegiant Travel
Last ReportedProjected for Next Year
Common Stock Shares Outstanding18 M18 M
Net Income Applicable To Common Shares2.8 M2.7 M

Allegiant Travel Stock Technical Analysis

Allegiant Travel 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.
A focus of Allegiant Travel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Allegiant Travel trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Allegiant Travel Period Price Range

Low
December 24, 2024
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High

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Allegiant Travel December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Allegiant Travel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allegiant Travel shares will generate the highest return on investment. By undertsting and applying Allegiant Travel stock market strength indicators, traders can identify Allegiant Travel entry and exit signals to maximize returns

Allegiant Travel Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Allegiant Travel's price direction in advance. Along with the technical and fundamental analysis of Allegiant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allegiant 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.

Additional Tools for Allegiant Stock Analysis

When running Allegiant Travel's price analysis, check to measure Allegiant Travel'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 Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.