Alx Oncology Holdings Stock Price on December 13, 2024

ALXO Stock  USD 1.79  0.25  16.23%   
Below is the normalized historical share price chart for Alx Oncology Holdings extending back to July 17, 2020. 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 Alx Oncology stands at 1.79, as last reported on the 18th of December 2024, with the highest price reaching 1.88 and the lowest price hitting 1.52 during the day.
IPO Date
17th of July 2020
200 Day MA
6.6685
50 Day MA
1.4843
Beta
1.036
 
Covid
If you're considering investing in Alx Stock, it is important to understand the factors that can impact its price. Alx Oncology Holdings secures Sharpe Ratio (or Efficiency) of -0.024, which signifies that the company had a -0.024% return per unit of risk over the last 3 months. Alx Oncology Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alx Oncology's Risk Adjusted Performance of (0.01), mean deviation of 4.17, and Standard Deviation of 5.71 to double-check the risk estimate we provide.
  
At this time, Alx Oncology's Total Stockholder Equity is very stable compared to the past year. As of the 18th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 254.7 M, while Common Stock Total Equity is likely to drop about 28.2 K. . At this time, Alx Oncology's Price To Sales Ratio is very stable compared to the past year. As of the 18th of December 2024, Price Book Value Ratio is likely to grow to 3.54, while Price Earnings Ratio is likely to drop (4.18). Alx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.024

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Estimated Market Risk

 5.84
  actual daily
52
52% of assets are less volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alx Oncology is not performing at its full potential. However, 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 Alx Oncology by adding Alx Oncology to a well-diversified portfolio.
Price Book
0.5937
Enterprise Value Ebitda
(2.35)
Price Sales
5.9 K
Shares Float
27.1 M
Wall Street Target Price
9.3333

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Alx Oncology Valuation on December 13, 2024

It is possible to determine the worth of Alx Oncology on a given historical date. On December 13, 2024 Alx was worth 1.43 at the beginning of the trading date compared to the closed value of 1.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alx Oncology stock. Still, in general, we apply an absolute valuation method to find Alx Oncology'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 Alx Oncology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alx Oncology's related companies.
 Open High Low Close Volume
  1.52    1.61    1.40    1.42    2,638,639  
12/13/2024
  1.43    1.52    1.42    1.45    793,067  
  1.46    1.60    1.44    1.54    673,926  
Backtest Alx Oncology  |  Alx Oncology History  |  Alx Oncology Valuation   PreviousNext  
Open Value
1.43
1.45
Closing Value
18.94
Upside

Alx Oncology Trading Date Momentum on December 13, 2024

On December 16 2024 Alx Oncology Holdings was traded for  1.54  at the closing time. The top price for the day was 1.60  and the lowest listed price was  1.44 . The trading volume for the day was 673.9 K. The trading history from December 16, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 6.21% . The overall trading delta against the current closing price is 5.52% .

Alx Oncology Holdings Fundamentals Correlations and Trends

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

About Alx Oncology Stock history

Alx Oncology 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 Alx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alx Oncology Holdings 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 Alx Oncology stock prices may prove useful in developing a viable investing in Alx Oncology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding43 M40.8 M
Net Loss-111.1 M-105.6 M

Alx Oncology Quarterly Net Working Capital

130.26 Million

Alx Oncology Stock Technical Analysis

Alx Oncology 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 Alx Oncology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alx Oncology 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

Alx Oncology Period Price Range

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December 18, 2024
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Alx Oncology Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Alx Oncology December 18, 2024 Market Strength

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

Alx Oncology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alx Oncology's price direction in advance. Along with the technical and fundamental analysis of Alx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alx 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.
When determining whether Alx Oncology Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alx Oncology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alx Oncology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alx Oncology Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alx Oncology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Alx Oncology. If investors know Alx 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 Alx Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.97)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.49)
Return On Equity
(0.99)
The market value of Alx Oncology Holdings is measured differently than its book value, which is the value of Alx that is recorded on the company's balance sheet. Investors also form their own opinion of Alx Oncology's value that differs from its market value or its book value, called intrinsic value, which is Alx Oncology'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 Alx Oncology's market value can be influenced by many factors that don't directly affect Alx Oncology'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 Alx Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alx Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alx Oncology'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.