Alaska Air (Germany) Price on November 4, 2024
| ALK Stock | 49.77 0.25 0.50% |
If you're considering investing in Alaska Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alaska Air stands at 49.77, as last reported on the 29th of November, with the highest price reaching 49.77 and the lowest price hitting 49.77 during the day. Alaska Air appears to be very steady, given 3 months investment horizon. Alaska Air Group secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31% return per unit of standard deviation over the last 3 months. By analyzing Alaska Air's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please makes use of Alaska Air's risk adjusted performance of 0.2398, and Mean Deviation of 1.66 to double-check if our risk estimates are consistent with your expectations.
Alaska Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alaska |
Sharpe Ratio = 0.3059
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Alaska Air 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 Alaska Air by adding it to a well-diversified portfolio.
Alaska Air Valuation on November 4, 2024
It is possible to determine the worth of Alaska Air on a given historical date. On November 4, 2024 Alaska was worth 45.0 at the beginning of the trading date compared to the closed value of 43.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alaska Air stock. Still, in general, we apply an absolute valuation method to find Alaska Air'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 Alaska Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alaska Air's related companies.
| Open | High | Low | Close | Volume | |
| 44.42 | 45.11 | 44.18 | 45.11 | 1.00 | |
11/04/2024 | 45.00 | 45.00 | 43.54 | 43.75 | 1.00 |
| 43.28 | 44.44 | 43.28 | 44.37 | 1.00 |
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Alaska Air Trading Date Momentum on November 4, 2024
| On November 05 2024 Alaska Air Group was traded for 44.37 at the closing time. The highest price during the trading period was 44.44 and the lowest recorded bid was listed for 43.28 . There was no trading activity during the period 1.0. Lack of trading volume on November 5, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.42% . The overall trading delta to the current price is 11.36% . |
Alaska Air Group Fundamentals Correlations and Trends
By evaluating Alaska Air'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 Alaska Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alaska financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alaska Air Stock history
Alaska Air 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 Alaska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alaska Air Group 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 Alaska Air stock prices may prove useful in developing a viable investing in Alaska Air
Alaska Air Stock Technical Analysis
Alaska Air 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
Alaska Air Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Alaska Air November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Alaska Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alaska Air shares will generate the highest return on investment. By undertsting and applying Alaska Air stock market strength indicators, traders can identify Alaska Air Group entry and exit signals to maximize returns
Alaska Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alaska Air's price direction in advance. Along with the technical and fundamental analysis of Alaska Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alaska 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 | 0.2398 | |||
| Jensen Alpha | 0.7083 | |||
| Total Risk Alpha | 0.3373 | |||
| Sortino Ratio | 0.3622 | |||
| Treynor Ratio | (2.55) |
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Additional Tools for Alaska Stock Analysis
When running Alaska Air's price analysis, check to measure Alaska Air'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 Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.