Alkermes Plc Stock Performance

ALKS Stock  USD 24.42  0.59  2.36%   
The firm shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alkermes Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alkermes Plc is expected to be smaller as well. At this point, Alkermes Plc has a negative expected return of -0.15%. Please make sure to confirm Alkermes Plc's treynor ratio, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Alkermes Plc performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Very Weak
Over the last 90 days Alkermes Plc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest inconsistent performance, the Stock's forward-looking signals remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more

Actual Historical Performance (%)

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Acquisition by Gaynor Richard of 119 shares of Alkermes Plc subject to Rule 16b-3
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Alkermes plc Shares Bought by Teachers Retirement System of The State of Kentucky - Defense World
Begin Period Cash Flow292.5 M

Alkermes Plc Relative Risk vs. Return Landscape

If you would invest  2,697  in Alkermes Plc on March 21, 2024 and sell it today you would lose (255.00) from holding Alkermes Plc or give up 9.45% of portfolio value over 90 days. Alkermes Plc is currently does not generate positive expected returns and assumes 1.5431% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of stocks are less volatile than Alkermes, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
Given the investment horizon of 90 days Alkermes Plc is expected to under-perform the market. In addition to that, the company is 2.46 times more volatile than its market benchmark. It trades about -0.1 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.03 per unit of volatility.

Alkermes Plc Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alkermes Plc's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alkermes Plc, and traders can use it to determine the average amount a Alkermes Plc'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 = -0.0961

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Estimated Market Risk

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87% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average Alkermes Plc 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 Alkermes Plc by adding Alkermes Plc to a well-diversified portfolio.

Alkermes Plc Fundamentals Growth

Alkermes Stock prices reflect investors' perceptions of the future prospects and financial health of Alkermes Plc, and Alkermes Plc 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 Alkermes Stock performance.

About Alkermes Plc Performance

To evaluate Alkermes Plc 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 Alkermes Plc 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 Alkermes 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 Alkermes Plc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alkermes'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.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 235.65  247.43 
Return On Tangible Assets 0.17  0.18 
Return On Capital Employed 0.26  0.27 
Return On Assets 0.17  0.17 
Return On Equity 0.30  0.31 

Things to note about Alkermes Plc performance evaluation

Checking the ongoing alerts about Alkermes Plc for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alkermes Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Alkermes Plc generated a negative expected return over the last 90 days
Alkermes Plc is unlikely to experience financial distress in the next 2 years
Alkermes Plc has a strong financial position based on the latest SEC filings
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from Alkermes plc Shares Bought by Teachers Retirement System of The State of Kentucky - Defense World
Evaluating Alkermes Plc's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Alkermes Plc's stock performance include:
  • Analyzing Alkermes Plc'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 Alkermes Plc's stock is overvalued or undervalued compared to its peers.
  • Examining Alkermes Plc'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 Alkermes Plc's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alkermes Plc's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Alkermes Plc's stock. These opinions can provide insight into Alkermes Plc's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Alkermes Plc's stock performance is not an exact science, and many factors can impact Alkermes Plc's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for Alkermes Stock Analysis

When running Alkermes Plc's price analysis, check to measure Alkermes Plc'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 Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.