Alamo Group Stock Price on May 2, 2022
| ALG Stock | USD 193.97 1.27 0.65% |
Below is the normalized historical share price chart for Alamo Group extending back to March 19, 1993. 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 Alamo stands at 193.97, as last reported on the 5th of May, with the highest price reaching 195.50 and the lowest price hitting 177.22 during the day.
If you're considering investing in Alamo Stock, it is important to understand the factors that can impact its price. Alamo Group secures Sharpe Ratio (or Efficiency) of -0.07, which signifies that the company had a -0.07% return per unit of standard deviation over the last 3 months. Alamo Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alamo's risk adjusted performance of (0.03), and Mean Deviation of 1.44 to double-check the risk estimate we provide.
At this time, Alamo's Common Stock is most likely to increase significantly in the upcoming years. The Alamo's current Capital Stock is estimated to increase to about 1.3 M, while Other Stockholder Equity is projected to decrease to roughly 78.6 M. . At this time, Alamo's Price To Free Cash Flows Ratio is most likely to decrease significantly in the upcoming years. The Alamo's current Price Sales Ratio is estimated to increase to 1.56, while Price Book Value Ratio is projected to decrease to 1.38. Alamo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of March 1993 | 200 Day MA 192.5675 | 50 Day MA 208.2428 | Beta 1.037 |
Alamo |
Sharpe Ratio = -0.07
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| Negative Returns | ALG |
Estimated Market Risk
| 1.91 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alamo 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 Alamo by adding Alamo to a well-diversified portfolio.
Price Book 2.7621 | Enterprise Value Ebitda 11.0961 | Price Sales 1.5248 | Shares Float 11.6 M | Dividend Share 0.66 |
Alamo Valuation on May 2, 2022
It is possible to determine the worth of Alamo on a given historical date. On May 2, 2022 Alamo was worth 127.07 at the beginning of the trading date compared to the closed value of 125.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alamo stock. Still, in general, we apply an absolute valuation method to find Alamo'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 Alamo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alamo's related companies.
| Open | High | Low | Close | Volume | |
| 129.20 | 130.24 | 125.12 | 125.12 | 34,165 | |
05/02/2022 | 127.07 | 129.55 | 124.33 | 125.82 | 37,102 |
| 126.23 | 128.31 | 126.03 | 126.12 | 34,890 |
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Alamo Trading Date Momentum on May 2, 2022
| On May 03 2022 Alamo Group was traded for 126.12 at the closing time. Highest Alamo's price during the trading hours was 128.31 and the lowest price during the day was 126.03 . The net volume was 34.9 K. The overall trading history on the 3rd of May contributed to the next trading period price rise. The overall trading delta to the next next day price was 0.24% . The overall trading delta to current price is 11.27% . |
Alamo Group Fundamentals Correlations and Trends
By evaluating Alamo'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 Alamo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alamo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alamo Stock history
Alamo 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 Alamo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alamo 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 Alamo stock prices may prove useful in developing a viable investing in Alamo
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12 M | 11.5 M | |
| Net Income Applicable To Common Shares | 117.2 M | 123.1 M |
Alamo Quarterly Net Working Capital |
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Alamo Stock Technical Analysis
Alamo 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
Alamo Period Price Range
Low | May 2, 2022
| High |
127.07 | 125.82 |
Alamo May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Alamo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alamo shares will generate the highest return on investment. By undertsting and applying Alamo stock market strength indicators, traders can identify Alamo Group entry and exit signals to maximize returns
| Accumulation Distribution | 1494.96 | |||
| Daily Balance Of Power | (0.24) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 126.94 | |||
| Day Typical Price | 126.57 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (1.75) | |||
| Period Momentum Indicator | 68.15 |
Alamo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alamo's price direction in advance. Along with the technical and fundamental analysis of Alamo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alamo 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 | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.07) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Alamo's price analysis, check to measure Alamo'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 Alamo is operating at the current time. Most of Alamo's value examination focuses on studying past and present price action to predict the probability of Alamo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alamo's price. Additionally, you may evaluate how the addition of Alamo to your portfolios can decrease your overall portfolio volatility.
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Is Alamo's 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 Alamo. If investors know Alamo 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 Alamo 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 (0.04) | Dividend Share 0.66 | Earnings Share 11.23 | Revenue Per Share 142.773 | Quarterly Revenue Growth 0.034 |
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.