Allogene Common Stock Total Equity from 2010 to 2024

ALLO Stock  USD 2.89  0.03  1.05%   
Allogene Therapeutics Common Stock Total Equity yearly trend continues to be very stable with very little volatility. Common Stock Total Equity is likely to drop to about 121.7 K. Common Stock Total Equity is the total value of common stock equity held by shareholders, representing their ownership interest in the company. View All Fundamentals
 
Common Stock Total Equity  
First Reported
2018-06-30
Previous Quarter
146 K
Current Value
167 K
Quarterly Volatility
27.9 K
 
Covid
Check Allogene Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allogene main balance sheet or income statement drivers, such as Interest Expense of 20.7 M, Selling General Administrative of 61.1 M or Total Revenue of 90.2 K, as well as many exotic indicators such as Price To Sales Ratio of 5.6 K, Dividend Yield of 0.0 or PTB Ratio of 0.93. Allogene financial statements analysis is a perfect complement when working with Allogene Therapeutics Valuation or Volatility modules.
  
This module can also supplement Allogene Therapeutics' financial leverage analysis and stock options assessment as well as various Allogene Therapeutics Technical models . Check out the analysis of Allogene Therapeutics Correlation against competitors.
To learn how to invest in Allogene Stock, please use our How to Invest in Allogene Therapeutics guide.

Latest Allogene Therapeutics' Common Stock Total Equity Growth Pattern

Below is the plot of the Common Stock Total Equity of Allogene Therapeutics over the last few years. It is the total value of common stock equity held by shareholders, representing their ownership interest in the company. Allogene Therapeutics' Common Stock Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allogene Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Common Stock Total Equity10 Years Trend
Slightly volatile
   Common Stock Total Equity   
       Timeline  

Allogene Common Stock Total Equity Regression Statistics

Arithmetic Mean77,464
Geometric Mean56,190
Coefficient Of Variation74.65
Mean Deviation54,895
Median26,000
Standard Deviation57,824
Sample Variance3.3B
Range137.3K
R-Value0.88
Mean Square Error839.4M
R-Squared0.77
Significance0.000019
Slope11,323
Total Sum of Squares46.8B

Allogene Common Stock Total Equity History

2024121.7 K
2023163.3 K
2021142 K
2020140 K
2019124 K
2018121 K

About Allogene Therapeutics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Allogene Therapeutics income statement, its balance sheet, and the statement of cash flows. Allogene Therapeutics investors use historical funamental indicators, such as Allogene Therapeutics's Common Stock Total Equity, to determine how well the company is positioned to perform in the future. Although Allogene Therapeutics investors may use each financial statement separately, they are all related. The changes in Allogene Therapeutics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Allogene Therapeutics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Allogene Therapeutics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Allogene Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Common Stock Total Equity163.3 K121.7 K

Pair Trading with Allogene Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allogene Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allogene Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Allogene Stock

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Moving against Allogene Stock

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The ability to find closely correlated positions to Allogene Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allogene Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allogene Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allogene Therapeutics to buy it.
The correlation of Allogene Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allogene Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allogene Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allogene Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Allogene Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allogene Therapeutics' 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 Allogene Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allogene Therapeutics Stock:
Check out the analysis of Allogene Therapeutics Correlation against competitors.
To learn how to invest in Allogene Stock, please use our How to Invest in Allogene Therapeutics guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Allogene Therapeutics' price analysis, check to measure Allogene Therapeutics' 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 Allogene Therapeutics is operating at the current time. Most of Allogene Therapeutics' value examination focuses on studying past and present price action to predict the probability of Allogene Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allogene Therapeutics' price. Additionally, you may evaluate how the addition of Allogene Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Allogene Therapeutics' industry 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 Allogene Therapeutics. If investors know Allogene 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 Allogene Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.09)
Revenue Per Share
0.001
Quarterly Revenue Growth
(0.55)
Return On Assets
(0.27)
Return On Equity
(0.56)
The market value of Allogene Therapeutics is measured differently than its book value, which is the value of Allogene that is recorded on the company's balance sheet. Investors also form their own opinion of Allogene Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Allogene Therapeutics' 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 Allogene Therapeutics' market value can be influenced by many factors that don't directly affect Allogene Therapeutics' 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 Allogene Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allogene Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allogene Therapeutics' 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.