Alaska Air Group Stock Performance
| ALK Stock | USD 39.46 0.78 2.02% |
The firm shows a Beta (market volatility) of 1.37, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alaska Air will likely underperform. At this point, Alaska Air Group has a negative expected return of -0.16%. Please make sure to confirm Alaska Air's treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Alaska Air Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Alaska Air Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's essential indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
Actual Historical Performance (%)
One Day Return 2.02 | Five Day Return 5.25 | Year To Date Return 2.92 | Ten Year Return (13.62) | All Time Return 4.4 K |
Last Split Factor 2:1 | Dividend Date 2020-03-05 | Ex Dividend Date 2020-02-14 | Last Split Date 2014-07-10 |
1 | Disposition of 2400 shares by Berry Jason M of Alaska Air subject to Rule 16b-3 | 04/30/2024 |
2 | ALK upgrades its full-year revenue and earnings outlook | 06/21/2024 |
3 | Boeing delays astronauts return home for weeks | 06/28/2024 |
4 | Meet the ASX gold stock that could double in value | 07/10/2024 |
5 | Alaska Air Group Inc Q2 2024 Earnings EPS Beats, Revenue Misses Analyst Estimates | 07/17/2024 |
6 | Alaska Air Group Q2 2024 Earnings Call Transcript | 07/18/2024 |
7 | Disposition of 1552 shares by Benito Minicucci of Alaska Air at 33.56 subject to Rule 16b-3 | 07/19/2024 |
8 | Alaska Airlines unveils stunning lounge, completing transition to renovated world-class terminal in San Francisco | 07/24/2024 |
9 | Acquisition by Andrea Schneider of 13630 shares of Alaska Air subject to Rule 16b-3 | 07/25/2024 |
| Begin Period Cash Flow | 338 M |
Alaska |
Alaska Air Relative Risk vs. Return Landscape
If you would invest 4,409 in Alaska Air Group on April 28, 2024 and sell it today you would lose (463.00) from holding Alaska Air Group or give up 10.5% of portfolio value over 90 days. Alaska Air Group is generating negative expected returns assuming volatility of 1.9342% on return distribution over 90 days investment horizon. In other words, 17% of stocks are less volatile than Alaska, and above 99% of all equities are expected to generate higher returns over the next 90 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 = -0.0828
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| Negative Returns | ALK |
Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alaska Air 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 Alaska Air by adding Alaska Air 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 | 0.055 | ||||
| Return On Asset | 0.0296 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 6.26 B | ||||
| Shares Outstanding | 126.47 M | ||||
| Price To Earning | 112.95 X | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 10.43 B | ||||
| Gross Profit | 2.36 B | ||||
| EBITDA | 1.35 B | ||||
| Net Income | 235 M | ||||
| Cash And Equivalents | 338 M | ||||
| Cash Per Share | 24.83 X | ||||
| Total Debt | 3.82 B | ||||
| Debt To Equity | 1.03 % | ||||
| Current Ratio | 0.81 X | ||||
| Book Value Per Share | 33.41 X | ||||
| Cash Flow From Operations | 1.05 B | ||||
| Earnings Per Share | 1.76 X | ||||
| Market Capitalization | 4.89 B | ||||
| Total Asset | 15.83 B | ||||
| Retained Earnings | 4.54 B | ||||
| Working Capital | (1.47 B) | ||||
| Current Asset | 1.66 B | ||||
| Current Liabilities | 1.8 B | ||||
About Alaska Air Performance
By examining Alaska Air's fundamental ratios, stakeholders can obtain critical insights into Alaska Air's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Alaska Air is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.98 | 4.73 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.08 | 0.05 | |
| Return On Assets | 0.01 | 0.02 | |
| Return On Equity | 0.06 | 0.06 |
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 generated a negative expected return over the last 90 days | |
| Alaska Air Group has 3.82 B in debt with debt to equity (D/E) ratio of 1.03, which is OK given its current industry classification. Alaska Air Group has a current ratio of 0.79, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Alaska to invest in growth at high rates of return. | |
| Alaska Air Group has a strong financial position based on the latest SEC filings | |
| Over 85.0% of Alaska Air shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: Acquisition by Andrea Schneider of 13630 shares of Alaska Air subject to Rule 16b-3 |
- 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.
Additional Information and Resources on Investing in Alaska Stock
When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock: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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Passenger Airlines space 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 (0.08) | Earnings Share 1.76 | Revenue Per Share 83.028 | Quarterly Revenue Growth 0.021 | Return On Assets 0.0296 |
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.