Allbirds Stock Performance
BIRD Stock | USD 0.69 0.03 4.55% |
The firm shows a Beta (market volatility) of 4.52, 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, Allbirds will likely underperform. Allbirds has an expected return of -0.9%. Please make sure to confirm Allbirds total risk alpha, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Allbirds 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 Allbirds has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in April 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
1 | Allbirds Announces Fourth Quarter and Full Year 2023 Earnings Conference Call | 02/20/2024 |
2 | Disposition of 23935 shares by Vernachio Joseph of Allbirds at 0.905 subject to Rule 16b-3 | 03/01/2024 |
3 | Allbirds Announces Completion of Two International Distributor Deals | 03/05/2024 |
4 | 03/11/2024 |
5 | Allbirds Names COO and Industry Veteran Joe Vernachio asChief Executive Officer | 03/12/2024 |
6 | Allbirds, Inc. Q4 2023 Earnings Call Transcript | 03/13/2024 |
7 | Allbirds Full Year 2023 Earnings Revenues Beat Expectations, EPS Lags | 03/14/2024 |
8 | Analysts Have Just Cut Their Allbirds, Inc. Revenue Estimates By 14 | 03/15/2024 |
9 | This Central Texas City Is An Underrated Gem For Birdwatching | 03/28/2024 |
Begin Period Cash Flow | 167.8 M |
Allbirds |
Allbirds Relative Risk vs. Return Landscape
If you would invest 130.00 in Allbirds on December 30, 2023 and sell it today you would lose (61.00) from holding Allbirds or give up 46.92% of portfolio value over 90 days. Allbirds is currently does not generate positive expected returns and assumes 5.1236% risk (volatility on return distribution) over the 90 days horizon. In different words, 45% of stocks are less volatile than Allbirds, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Allbirds Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allbirds' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Allbirds, and traders can use it to determine the average amount a Allbirds' 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 = -0.1756
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Estimated Market Risk
5.12 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.9 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Allbirds 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 Allbirds by adding Allbirds to a well-diversified portfolio.
Allbirds Fundamentals Growth
Allbirds Stock prices reflect investors' perceptions of the future prospects and financial health of Allbirds, and Allbirds 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 Allbirds Stock performance.
Return On Equity | -0.61 | ||||
Return On Asset | -0.19 | ||||
Current Valuation | 59.36 M | ||||
Shares Outstanding | 102.64 M | ||||
Price To Book | 0.52 X | ||||
Price To Sales | 0.38 X | ||||
Revenue | 254.06 M | ||||
Gross Profit | 129.63 M | ||||
EBITDA | (97.85 M) | ||||
Net Income | (152.46 M) | ||||
Cash Per Share | 1.39 X | ||||
Current Ratio | 6.34 X | ||||
Cash Flow From Operations | (32.78 M) | ||||
Earnings Per Share | (1.01) X | ||||
Total Asset | 312.7 M | ||||
Retained Earnings | (3.33 M) | ||||
About Allbirds Performance
To evaluate Allbirds 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 Allbirds 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 Allbirds 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 Allbirds market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Allbirds'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 Reported | Projected for 2024 | ||
Return On Capital Employed | (0.45) | (0.43) | |
Return On Assets | (0.49) | (0.46) | |
Return On Equity | (0.82) | (0.78) |
Things to note about Allbirds performance evaluation
Checking the ongoing alerts about Allbirds for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Allbirds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Allbirds generated a negative expected return over the last 90 days | |
Allbirds has high historical volatility and very poor performance | |
Allbirds has some characteristics of a very speculative penny stock | |
Allbirds has high likelihood to experience some financial distress in the next 2 years | |
The company reported the previous year's revenue of 254.06 M. Net Loss for the year was (152.46 M) with profit before overhead, payroll, taxes, and interest of 129.63 M. | |
Allbirds currently holds about 207.29 M in cash with (32.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Latest headline from forbes.com: This Central Texas City Is An Underrated Gem For Birdwatching |
- Analyzing Allbirds' 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 Allbirds' stock is overvalued or undervalued compared to its peers.
- Examining Allbirds' 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 Allbirds' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Allbirds' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Allbirds' stock. These opinions can provide insight into Allbirds' 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 Allbirds. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Allbirds Stock refer to our How to Trade Allbirds Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Allbirds' price analysis, check to measure Allbirds' 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 Allbirds is operating at the current time. Most of Allbirds' value examination focuses on studying past and present price action to predict the probability of Allbirds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allbirds' price. Additionally, you may evaluate how the addition of Allbirds to your portfolios can decrease your overall portfolio volatility.
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Is Allbirds' 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 Allbirds. If investors know Allbirds 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 Allbirds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.01) | Revenue Per Share 1.675 | Quarterly Revenue Growth (0.14) | Return On Assets (0.19) | Return On Equity (0.61) |
The market value of Allbirds is measured differently than its book value, which is the value of Allbirds that is recorded on the company's balance sheet. Investors also form their own opinion of Allbirds' value that differs from its market value or its book value, called intrinsic value, which is Allbirds' 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 Allbirds' market value can be influenced by many factors that don't directly affect Allbirds' 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 Allbirds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allbirds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allbirds' 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.