Allient Stock Market Value
| ALNT Stock | 24.87 0.97 3.75% |
| Symbol | Allient |
Allient Price To Book Ratio
Is Electrical Components & Equipment 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 Allient. If investors know Allient 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 Allient listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 0.12 | Earnings Share 0.87 | Revenue Per Share 33.488 | Quarterly Revenue Growth (0.14) |
The market value of Allient is measured differently than its book value, which is the value of Allient that is recorded on the company's balance sheet. Investors also form their own opinion of Allient's value that differs from its market value or its book value, called intrinsic value, which is Allient'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 Allient's market value can be influenced by many factors that don't directly affect Allient'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 Allient's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allient is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allient'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.
Allient '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 Allient's 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 Allient.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Allient on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Allient or generate 0.0% return on investment in Allient over 30 days. Allient is related to or competes with Catalyst Pharmaceuticals, Kinetik Holdings, Sellas Life, Enlight Renewable, and Kenon Holdings. Allient is entity of United States. It is traded as Stock on NASDAQ exchange. More
Allient 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 Allient's 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 Allient upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.55 | |||
| Information Ratio | 0.0987 | |||
| Maximum Drawdown | 13.67 | |||
| Value At Risk | (4.45) | |||
| Potential Upside | 4.75 |
Allient Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allient's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allient's standard deviation. In reality, there are many statistical measures that can use Allient historical prices to predict the future Allient's volatility.| Risk Adjusted Performance | 0.0969 | |||
| Jensen Alpha | 0.2248 | |||
| Total Risk Alpha | 0.1095 | |||
| Sortino Ratio | 0.1054 | |||
| Treynor Ratio | 0.1859 |
Allient Backtested Returns
Allient appears to be very steady, given 3 months investment horizon. Allient 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 twenty-eight technical indicators for Allient, which you can use to evaluate the volatility of the firm. Please makes use of Allient's Mean Deviation of 2.11, risk adjusted performance of 0.0969, and Downside Deviation of 2.55 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Allient holds a performance score of 9. The firm shows a Beta (market volatility) of 1.75, 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, Allient will likely underperform. Please check Allient's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Allient's price patterns will revert.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Allient has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Allient time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th of December 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 Allient price movement. The serial correlation of -0.73 indicates that around 73.0% of current Allient price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Allient lagged returns against current returns
Autocorrelation, which is Allient 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 Allient's stock expected returns. We can calculate the autocorrelation of Allient returns to help us make a trade decision. For example, suppose you find that Allient 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 |
Allient 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 Allient stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allient stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allient stock over time.
Current vs Lagged Prices |
| Timeline |
Allient Lagged Returns
When evaluating Allient's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allient stock have on its future price. Allient 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, Allient autocorrelation shows the relationship between Allient stock current value and its past values and can show if there is a momentum factor associated with investing in Allient.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Allient Stock Analysis
When running Allient's price analysis, check to measure Allient'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 Allient is operating at the current time. Most of Allient's value examination focuses on studying past and present price action to predict the probability of Allient's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allient's price. Additionally, you may evaluate how the addition of Allient to your portfolios can decrease your overall portfolio volatility.