Alector Stock Price on December 11, 2024

ALEC Stock  USD 1.97  0.07  3.43%   
Below is the normalized historical share price chart for Alector extending back to February 07, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alector stands at 1.97, as last reported on the 14th of December 2024, with the highest price reaching 2.06 and the lowest price hitting 1.92 during the day.
IPO Date
7th of February 2019
200 Day MA
5.0981
50 Day MA
4.1917
Beta
0.657
 
Covid
If you're considering investing in Alector Stock, it is important to understand the factors that can impact its price. Alector secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of standard deviation over the last 3 months. Alector exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alector's risk adjusted performance of (0.13), and Mean Deviation of 4.66 to double-check the risk estimate we provide.
  
At present, Alector's Sale Purchase Of Stock is projected to increase significantly based on the last few years of reporting. . At present, Alector's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 5.23, whereas Price To Sales Ratio is forecasted to decline to 6.54. Alector Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2074

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Estimated Market Risk

 6.7
  actual daily
59
59% of assets are less volatile

Expected Return

 -1.39
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alector 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 Alector by adding Alector to a well-diversified portfolio.
Price Book
1.6222
Enterprise Value Ebitda
(8.40)
Price Sales
3.3754
Shares Float
82.2 M
Wall Street Target Price
7.7

Related Headline

Passage Bio Headline on 11th of December 2024

Filed transaction by Passage Bio 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Alector Valuation on December 11, 2024

It is possible to determine the worth of Alector on a given historical date. On December 11, 2024 Alector was worth 2.23 at the beginning of the trading date compared to the closed value of 2.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alector stock. Still, in general, we apply an absolute valuation method to find Alector's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alector where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alector's related companies.
 Open High Low Close Volume
  2.32    2.32    2.19    2.21    1,100,877  
12/11/2024
  2.23    2.23    2.08    2.12    1,140,033  
  2.11    2.16    2.04    2.04    1,227,327  
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Open Value
2.23
2.12
Closing Value
22.32
Upside

Alector Trading Date Momentum on December 11, 2024

On December 12 2024 Alector was traded for  2.04  at the closing time. The top price for the day was 2.16  and the lowest listed price was  2.04 . The trading volume for the day was 1.2 M. The trading history from December 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.77% . The overall trading delta against the current closing price is 2.83% .

Alector Fundamentals Correlations and Trends

By evaluating Alector's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alector's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alector financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Alector Stock history

Alector 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 Alector is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alector 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 Alector stock prices may prove useful in developing a viable investing in Alector
Last ReportedProjected for Next Year
Common Stock Shares Outstanding83.7 M76.6 M
Net Loss-120 M-126 M

Alector Quarterly Net Working Capital

326.84 Million

Alector Stock Technical Analysis

Alector 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.
A focus of Alector technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alector trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Alector Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Alector cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Alector December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Alector stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alector shares will generate the highest return on investment. By undertsting and applying Alector stock market strength indicators, traders can identify Alector entry and exit signals to maximize returns

Alector Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alector's price direction in advance. Along with the technical and fundamental analysis of Alector Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alector 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.

Complementary Tools for Alector Stock analysis

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