Alerus Financial Corp Stock Price on January 16, 2024

ALRS Stock  USD 19.99  0.17  0.86%   
Below is the normalized historical share price chart for Alerus Financial Corp extending back to August 22, 1995. 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 Alerus Financial stands at 19.99, as last reported on the 23rd of December, with the highest price reaching 20.21 and the lowest price hitting 19.41 during the day.
IPO Date
2nd of January 2001
200 Day MA
21.1147
50 Day MA
22.2004
Beta
0.686
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Alerus Stock, it is important to understand the factors that can impact its price. Alerus Financial Corp secures Sharpe Ratio (or Efficiency) of -0.0405, which signifies that the company had a -0.0405% return per unit of standard deviation over the last 3 months. Alerus Financial Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alerus Financial's mean deviation of 1.57, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
Other Stockholder Equity is likely to gain to about 157.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 210.9 M in 2024. . At this time, Alerus Financial's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 16.16 in 2024, whereas Price Book Value Ratio is likely to drop 1.03 in 2024. Alerus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0405

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Estimated Market Risk

 2.56
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alerus Financial 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 Alerus Financial by adding Alerus Financial to a well-diversified portfolio.
Price Book
1.3106
Price Sales
3.079
Shares Float
23.1 M
Dividend Share
0.78
Wall Street Target Price
23.6

Alerus Financial Valuation on January 16, 2024

It is possible to determine the worth of Alerus Financial on a given historical date. On January 16, 2024 Alerus was worth 20.24 at the beginning of the trading date compared to the closed value of 20.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alerus Financial stock. Still, in general, we apply an absolute valuation method to find Alerus Financial'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 Alerus Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alerus Financial's related companies.
 Open High Low Close Volume
  21.01    21.12    20.35    20.46    37,761  
01/16/2024
  20.24    20.36    19.96    20.03    37,243  
  19.68    20.35    19.68    20.12    36,650  
Backtest Alerus Financial  |  Alerus Financial History  |  Alerus Financial Valuation   PreviousNext  
Open Value
20.24
20.03
Closing Value
27.93
Upside

Alerus Financial Trading Date Momentum on January 16, 2024

On January 17 2024 Alerus Financial Corp was traded for  20.12  at the closing time. The top price for the day was 20.35  and the lowest listed price was  19.68 . The trading volume for the day was 36.6 K. The trading history from January 17, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.45% . The overall trading delta against the current closing price is 12.73% .

Alerus Financial Corp Fundamentals Correlations and Trends

By evaluating Alerus Financial'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 Alerus Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alerus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Alerus Financial Stock history

Alerus Financial 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 Alerus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alerus Financial Corp 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 Alerus Financial stock prices may prove useful in developing a viable investing in Alerus Financial
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.1 M16.7 M
Net Income Applicable To Common Shares46 M48.3 M

Alerus Financial Stock Technical Analysis

Alerus Financial 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 Alerus Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alerus Financial 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

Alerus Financial Period Price Range

Low
December 23, 2024
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High

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Alerus Financial Corp 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.

Alerus Financial December 23, 2024 Market Strength

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

Alerus Financial Technical and Predictive Indicators

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

Additional Tools for Alerus Stock Analysis

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