Allegro Microsystemsinc Stock Price History
ALGM Stock | USD 27.18 0.18 0.67% |
If you're considering investing in Allegro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allegro MicrosystemsInc stands at 27.18, as last reported on the 17th of April 2024, with the highest price reaching 27.59 and the lowest price hitting 27.01 during the day. We consider Allegro MicrosystemsInc not too volatile. Allegro MicrosystemsInc secures Sharpe Ratio (or Efficiency) of 0.0247, which signifies that the company had a 0.0247% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Allegro MicrosystemsInc, which you can use to evaluate the volatility of the firm. Please confirm Allegro MicrosystemsInc's Mean Deviation of 2.25, downside deviation of 2.78, and Risk Adjusted Performance of 0.0235 to double-check if the risk estimate we provide is consistent with the expected return of 0.0744%.
Allegro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Allegro |
Sharpe Ratio = 0.0247
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Estimated Market Risk
3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Allegro MicrosystemsInc is performing at about 1% 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 Allegro MicrosystemsInc by adding it to a well-diversified portfolio.
Allegro MicrosystemsInc Stock Price History Chart
There are several ways to analyze Allegro Stock price data. The simplest method is using a basic Allegro candlestick price chart, which shows Allegro MicrosystemsInc price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | March 1, 2024 | 32.48 |
Lowest Price | April 2, 2024 | 25.68 |
Allegro MicrosystemsInc April 17, 2024 Stock Price Synopsis
Various analyses of Allegro MicrosystemsInc's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Allegro Stock. It can be used to describe the percentage change in the price of Allegro MicrosystemsInc from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Allegro Stock.Allegro MicrosystemsInc Price Action Indicator | (0.03) | |
Allegro MicrosystemsInc Price Rate Of Daily Change | 1.01 | |
Allegro MicrosystemsInc Accumulation Distribution | 24,959 | |
Allegro MicrosystemsInc Price Daily Balance Of Power | 0.31 |
Allegro MicrosystemsInc April 17, 2024 Stock Price Analysis
Allegro Stock Price History Data
The price series of Allegro MicrosystemsInc for the period between Thu, Jan 18, 2024 and Wed, Apr 17, 2024 has a statistical range of 6.8 with a coefficient of variation of 6.88. The prices are distributed with arithmetic mean of 28.76. The median price for the last 90 days is 28.43.Open | High | Low | Close | Volume | ||
04/17/2024 | 27.02 | 27.59 | 27.01 | 27.18 | 1,187,286 | |
04/16/2024 | 26.51 | 27.26 | 26.20 | 27.00 | 1,308,748 | |
04/15/2024 | 27.05 | 27.24 | 26.23 | 26.26 | 839,294 | |
04/12/2024 | 27.77 | 27.86 | 26.69 | 26.84 | 1,228,077 | |
04/11/2024 | 27.38 | 28.21 | 27.16 | 28.20 | 1,213,841 | |
04/10/2024 | 27.16 | 27.36 | 26.89 | 27.03 | 1,061,323 | |
04/09/2024 | 27.15 | 27.97 | 27.02 | 27.96 | 1,902,163 | |
04/08/2024 | 26.55 | 27.04 | 26.47 | 26.65 | 809,907 | |
04/05/2024 | 25.98 | 26.44 | 25.98 | 26.36 | 1,215,683 | |
04/04/2024 | 26.02 | 26.66 | 25.86 | 26.15 | 1,827,585 | |
04/03/2024 | 25.69 | 26.09 | 25.45 | 25.74 | 1,211,347 | |
04/02/2024 | 26.41 | 26.41 | 25.68 | 25.68 | 1,193,448 | |
04/01/2024 | 27.32 | 27.64 | 26.74 | 26.85 | 1,247,176 | |
03/28/2024 | 26.87 | 27.22 | 26.87 | 26.96 | 1,656,935 | |
03/27/2024 | 26.45 | 26.98 | 26.25 | 26.80 | 1,346,281 | |
03/26/2024 | 26.75 | 26.79 | 26.21 | 26.26 | 1,257,039 | |
03/25/2024 | 26.46 | 26.91 | 26.46 | 26.54 | 974,674 | |
03/22/2024 | 27.42 | 27.61 | 26.78 | 26.81 | 1,040,357 | |
03/21/2024 | 28.33 | 28.55 | 27.66 | 27.73 | 1,392,264 | |
03/20/2024 | 27.23 | 27.99 | 26.78 | 27.77 | 1,049,223 | |
03/19/2024 | 27.34 | 27.54 | 26.96 | 27.22 | 1,289,002 | |
03/18/2024 | 27.76 | 28.32 | 27.70 | 27.78 | 1,372,575 | |
03/15/2024 | 27.83 | 28.03 | 27.38 | 27.50 | 2,838,895 | |
03/14/2024 | 29.42 | 29.45 | 28.09 | 28.43 | 1,607,665 | |
03/13/2024 | 29.89 | 30.28 | 29.56 | 29.62 | 1,193,755 | |
03/12/2024 | 31.11 | 31.14 | 29.80 | 30.25 | 1,658,683 | |
03/11/2024 | 30.86 | 31.56 | 30.78 | 30.97 | 1,404,348 | |
03/08/2024 | 31.62 | 32.18 | 31.00 | 31.18 | 2,018,267 | |
03/07/2024 | 30.87 | 31.83 | 30.67 | 31.29 | 2,254,095 | |
03/06/2024 | 30.07 | 31.42 | 29.79 | 30.56 | 1,578,689 | |
03/05/2024 | 30.68 | 30.94 | 29.11 | 29.42 | 1,571,302 | |
03/04/2024 | 32.45 | 32.45 | 30.47 | 31.08 | 3,290,855 | |
03/01/2024 | 31.55 | 32.63 | 31.55 | 32.48 | 1,812,953 | |
02/29/2024 | 31.25 | 31.56 | 30.67 | 31.49 | 1,608,795 | |
02/28/2024 | 30.47 | 30.96 | 30.28 | 30.79 | 1,386,159 | |
02/27/2024 | 31.48 | 31.68 | 30.94 | 30.94 | 2,718,074 | |
02/26/2024 | 30.96 | 31.90 | 30.83 | 31.72 | 1,280,736 | |
02/23/2024 | 31.07 | 31.07 | 30.47 | 30.68 | 1,036,529 | |
02/22/2024 | 31.69 | 31.95 | 31.05 | 31.09 | 1,307,043 | |
02/21/2024 | 30.46 | 31.11 | 30.01 | 31.05 | 1,471,452 | |
02/20/2024 | 30.72 | 30.91 | 30.12 | 30.79 | 1,437,080 | |
02/16/2024 | 31.36 | 32.49 | 30.78 | 31.15 | 1,795,836 | |
02/15/2024 | 31.21 | 31.85 | 30.63 | 31.25 | 3,481,397 | |
02/14/2024 | 30.85 | 31.28 | 30.51 | 31.23 | 2,460,097 | |
02/13/2024 | 30.39 | 30.95 | 30.09 | 30.34 | 1,862,878 | |
02/12/2024 | 31.55 | 32.21 | 31.55 | 31.64 | 1,511,367 | |
02/09/2024 | 31.12 | 32.04 | 30.90 | 31.53 | 1,319,780 | |
02/08/2024 | 29.89 | 31.07 | 29.60 | 30.69 | 1,342,478 | |
02/07/2024 | 29.83 | 29.96 | 29.28 | 29.84 | 1,398,242 | |
02/06/2024 | 29.69 | 30.01 | 29.32 | 29.56 | 2,378,293 | |
02/05/2024 | 28.88 | 29.77 | 28.70 | 29.55 | 2,973,405 | |
02/02/2024 | 29.42 | 29.50 | 28.46 | 28.66 | 3,504,877 | |
02/01/2024 | 25.88 | 29.32 | 25.82 | 29.14 | 7,211,062 | |
01/31/2024 | 26.11 | 26.89 | 25.85 | 25.94 | 2,097,058 | |
01/30/2024 | 27.20 | 27.35 | 26.43 | 26.56 | 1,319,901 | |
01/29/2024 | 27.01 | 27.39 | 26.37 | 27.38 | 1,228,430 | |
01/26/2024 | 27.22 | 27.90 | 26.67 | 26.76 | 1,776,926 | |
01/25/2024 | 29.00 | 29.10 | 27.13 | 27.56 | 2,066,066 | |
01/24/2024 | 28.81 | 28.88 | 28.32 | 28.55 | 1,916,146 | |
01/23/2024 | 28.51 | 28.98 | 28.30 | 28.68 | 1,515,114 | |
01/22/2024 | 28.46 | 28.79 | 27.85 | 28.19 | 1,490,795 |
About Allegro MicrosystemsInc Stock history
Allegro MicrosystemsInc 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 Allegro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allegro MicrosystemsInc 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 Allegro MicrosystemsInc stock prices may prove useful in developing a viable investing in Allegro MicrosystemsInc
Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits and application-specific analog power ICs for motion control and energy-efficient systems. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd. Allegro Microsystems operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 4036 people.
Allegro MicrosystemsInc Stock Technical Analysis
Allegro MicrosystemsInc 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.
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Allegro MicrosystemsInc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allegro MicrosystemsInc's price direction in advance. Along with the technical and fundamental analysis of Allegro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allegro 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 | 0.0235 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | 0.0068 | |||
Treynor Ratio | 0.0302 |
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Overlap Studies | ||
Pattern Recognition | ||
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Statistic Functions | ||
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.Note that the Allegro MicrosystemsInc information on this page should be used as a complementary analysis to other Allegro MicrosystemsInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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Is Allegro MicrosystemsInc'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 Allegro MicrosystemsInc. If investors know Allegro 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 Allegro MicrosystemsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Allegro MicrosystemsInc is measured differently than its book value, which is the value of Allegro that is recorded on the company's balance sheet. Investors also form their own opinion of Allegro MicrosystemsInc's value that differs from its market value or its book value, called intrinsic value, which is Allegro MicrosystemsInc'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 Allegro MicrosystemsInc's market value can be influenced by many factors that don't directly affect Allegro MicrosystemsInc'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 Allegro MicrosystemsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro MicrosystemsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro MicrosystemsInc'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.