Alaska Air (Germany) Performance
| ALK Stock | EUR 42.09 0.49 1.15% |
On a scale of 0 to 100, Alaska Air holds a performance score of 14. The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alaska Air are expected to decrease at a much lower rate. During the bear market, Alaska Air is likely to outperform the market. Please check Alaska Air's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Alaska Air's price patterns will revert.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Alaska Air Group are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Alaska Air reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 494 M |
Alaska |
Alaska Air Relative Risk vs. Return Landscape
If you would invest 3,419 in Alaska Air Group on January 26, 2024 and sell it today you would earn a total of 790.00 from holding Alaska Air Group or generate 23.11% return on investment over 90 days. Alaska Air Group is currently producing 0.3523% returns and takes up 1.8362% volatility of returns over 90 trading days. Put another way, 16% of traded stocks are less volatile than Alaska, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alaska Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alaska Air's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alaska Air Group, and traders can use it to determine the average amount a Alaska Air's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1919
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Alaska Air is performing at about 14% 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.
Alaska Air Fundamentals Growth
Alaska Stock prices reflect investors' perceptions of the future prospects and financial health of Alaska Air, and Alaska Air fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alaska Stock performance.
| Return On Equity | 0.0152 | |||
| Return On Asset | 0.0158 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 6.27 B | |||
| Shares Outstanding | 127.54 M | |||
| Price To Earning | 13.04 X | |||
| Price To Book | 1.48 X | |||
| Price To Sales | 0.58 X | |||
| Revenue | 9.65 B | |||
| EBITDA | 588 M | |||
| Cash And Equivalents | 1.63 B | |||
| Cash Per Share | 13.20 X | |||
| Total Debt | 1.88 B | |||
| Debt To Equity | 88.60 % | |||
| Book Value Per Share | 29.92 X | |||
| Cash Flow From Operations | 1.42 B | |||
| Earnings Per Share | 0.43 X | |||
| Total Asset | 14.19 B | |||
About Alaska Air Performance
To evaluate Alaska Air Group Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Alaska Air generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Alaska Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Alaska Air Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alaska's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company was founded in 1932 and is based in Seattle, Washington. ALASKA AIR operates under Airlines classification in Germany and is traded on Frankfurt Stock Exchange. It employs 21876 people.Things to note about Alaska Air Group performance evaluation
Checking the ongoing alerts about Alaska Air for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alaska Air Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alaska Air Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 1.88 B in total debt with debt to equity ratio (D/E) of 88.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Alaska Air Group has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Alaska Air until it has trouble settling it off, either with new capital or with free cash flow. So, Alaska Air's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alaska Air Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alaska to invest in growth at high rates of return. When we think about Alaska Air's use of debt, we should always consider it together with cash and equity. | |
| Over 83.0% of Alaska Air shares are held by institutions such as insurance companies |
- Analyzing Alaska Air's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alaska Air's stock is overvalued or undervalued compared to its peers.
- Examining Alaska Air's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Alaska Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alaska Air's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alaska Air's stock. These opinions can provide insight into Alaska Air's potential for growth and whether the stock is currently undervalued or overvalued.
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 board of governors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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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