Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Allegiant Travel Company is 'Hold'. Macroaxis provides Allegiant Travel buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ALGT positions. The advice algorithm takes into account all of Allegiant Travel available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ALGT buy-and-hold prospective. Check also Allegiant Travel Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Allegiant Travel Company has a risk adjusted performance of 0.01, jensen alpha of 0.0, total risk alpha of 0.0 and treynor ratio of 0.0Macroaxis provides buy, hold, or sell suggestion on Allegiant Travel to complement and cross-verify current analyst consensus on Allegiant Travel Company. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Allegiant Travel is not overpriced, please confirm all Allegiant Travel fundamentals including its Debt to Equity, Total Asset and the relationship between EBITDA and Earnings Per Share . Given that Allegiant Travel has Price to Earning of 14.12X, we suggest you validate Allegiant Travel Company market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Allegiant Travel Trading Alerts and Improvement Suggestions
Allegiant Travel Company has relatively low volatility with skewness of 0.59 and kurtosis of 1.22. However, we advise all investors to independently investigate Allegiant Travel Company to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.