Alvotech Stock Price To Sales
| ALVO Stock | 2,010 30.00 1.47% |
Alvotech fundamentals help investors to digest information that contributes to Alvotech's financial success or failures. It also enables traders to predict the movement of Alvotech Stock. The fundamental analysis module provides a way to measure Alvotech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alvotech stock.
Alvotech |
Alvotech Company Price To Sales Analysis
Alvotech's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Alvotech Price To Sales | 3,038 X |
Most of Alvotech's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alvotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Alvotech has a Price To Sales of 3.04 K times. This is much higher than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers-Specialty & Generic industry. The price to sales for all Iceland stocks is notably lower than that of the firm.
Alvotech Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alvotech's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alvotech could also be used in its relative valuation, which is a method of valuing Alvotech by comparing valuation metrics of similar companies.Alvotech is currently under evaluation in price to sales category among related companies.
Alvotech Fundamentals
| Return On Asset | -0.27 | |||
| Profit Margin | 0.63 % | |||
| Operating Margin | (1.68) % | |||
| Current Valuation | 386.93 B | |||
| Shares Outstanding | 248.65 M | |||
| Shares Owned By Insiders | 77.32 % | |||
| Shares Owned By Institutions | 8.71 % | |||
| Price To Sales | 3,038 X | |||
| Revenue | 96.13 M | |||
| Gross Profit | 39.68 M | |||
| EBITDA | (151.26 M) | |||
| Book Value Per Share | (1.28) X | |||
| Earnings Per Share | 36.44 X | |||
| Number Of Employees | 784 | |||
| Beta | 0.0025 | |||
| Market Capitalization | 481.14 B |
About Alvotech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alvotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alvotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alvotech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Alvotech
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 Alvotech 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 Alvotech will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Alvotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alvotech 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 Alvotech - 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 Alvotech to buy it.
The correlation of Alvotech 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 Alvotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alvotech 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 Alvotech 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alvotech. 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. For information on how to trade Alvotech Stock refer to our How to Trade Alvotech Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Alvotech Stock analysis
When running Alvotech's price analysis, check to measure Alvotech'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 Alvotech is operating at the current time. Most of Alvotech's value examination focuses on studying past and present price action to predict the probability of Alvotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alvotech's price. Additionally, you may evaluate how the addition of Alvotech to your portfolios can decrease your overall portfolio volatility.
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