Alaska Air Group Stock Price on December 4, 2017
| ALK Stock | USD 45.08 0.45 0.99% |
Below is the normalized historical share price chart for Alaska Air Group extending back to March 17, 1980. 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 Alaska Air stands at 45.08, as last reported on the 24th of April, with the highest price reaching 46.12 and the lowest price hitting 44.60 during the day.
If you're considering investing in Alaska Stock, it is important to understand the factors that can impact its price. Alaska Air appears to be very steady, given 3 months investment horizon. Alaska Air Group secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alaska Air Group, which you can use to evaluate the volatility of the firm. Please makes use of Alaska Air's risk adjusted performance of 0.1388, and Mean Deviation of 1.57 to double-check if our risk estimates are consistent with your expectations.
At this time, Alaska Air's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 16.6 B this year, although the value of Common Stock Total Equity will most likely fall to about 855 K. . At this time, Alaska Air's Price Earnings Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 1.26 this year, although the value of Price To Free Cash Flows Ratio is projected to rise to (10.65). Alaska Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 2001 | 200 Day MA 39.5184 | 50 Day MA 39.7198 | Beta 1.633 |
Alaska |
Sharpe Ratio = 0.1652
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Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 12 88% of assets perform better |
Based on monthly moving average Alaska Air is performing at about 12% of its full potential. 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 Alaska Air by adding it to a well-diversified portfolio.
Price Book 1.2632 | Enterprise Value Ebitda 8.3209 | Price Sales 0.4983 | Shares Float 125.2 M | Wall Street Target Price 56.44 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Alaska Air Stock history
Alaska Air 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 Alaska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alaska Air 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 Alaska Air stock prices may prove useful in developing a viable investing in Alaska Air
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 128.7 M | 118 M | |
| Net Income Applicable To Common Shares | 66.7 M | 63.4 M |
Alaska Air Stock Technical Analysis
Alaska Air 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
Alaska Air Period Price Range
Alaska Air April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Alaska Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alaska Air shares will generate the highest return on investment. By undertsting and applying Alaska Air stock market strength indicators, traders can identify Alaska Air Group entry and exit signals to maximize returns
| Accumulation Distribution | 69380.62 | |||
| Daily Balance Of Power | (0.30) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 45.36 | |||
| Day Typical Price | 45.27 | |||
| Price Action Indicator | (0.51) | |||
| Period Momentum Indicator | (0.45) |
Alaska Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alaska Air's price direction in advance. Along with the technical and fundamental analysis of Alaska Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alaska 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 | 0.1388 | |||
| Jensen Alpha | 0.2826 | |||
| Total Risk Alpha | 0.1577 | |||
| Sortino Ratio | 0.2027 | |||
| Treynor Ratio | 0.2554 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Alaska Stock analysis
When running Alaska Air's price analysis, check to measure Alaska Air'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 Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.
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| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
Is Alaska Air'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 Alaska Air. If investors know Alaska 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 Alaska Air 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 2.484 | Earnings Share 1.89 | Revenue Per Share 82.383 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0333 |
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air'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 Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air'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 Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air'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.