Allison Transmission Holdings Stock Price on August 11, 2023
| ALSN Stock | USD 109.82 0.34 0.31% |
If you're considering investing in Allison Stock, it is important to understand the factors that can impact its price. As of today, the current price of Allison Transmission stands at 109.82, as last reported on the 7th of January, with the highest price reaching 111.13 and the lowest price hitting 109.50 during the day. As of now, Allison Stock is very steady. Allison Transmission secures Sharpe Ratio (or Efficiency) of 0.0989, which signifies that the company had a 0.0989% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Allison Transmission Holdings, which you can use to evaluate the volatility of the firm. Please confirm Allison Transmission's Risk Adjusted Performance of 0.0857, mean deviation of 1.22, and Downside Deviation of 1.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Allison Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Allison |
Sharpe Ratio = 0.0989
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Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Allison Transmission is performing at about 7% of its full potential. 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 Allison Transmission by adding it to a well-diversified portfolio.
Allison Transmission Valuation on August 11, 2023
It is possible to determine the worth of Allison Transmission on a given historical date. On August 11, 2023 Allison was worth 57.77 at the beginning of the trading date compared to the closed value of 58.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allison Transmission stock. Still, in general, we apply an absolute valuation method to find Allison Transmission'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 Allison Transmission where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allison Transmission's related companies.
| Open | High | Low | Close | Volume | |
| 57.65 | 58.10 | 57.08 | 57.56 | 401,100 | |
08/11/2023 | 57.77 | 58.39 | 57.60 | 58.09 | 515,600 |
| 58.21 | 58.83 | 57.87 | 58.79 | 709,200 |
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Allison Transmission Trading Date Momentum on August 11, 2023
| On August 14 2023 Allison Transmission Holdings was traded for 58.79 at the closing time. The top price for the day was 58.83 and the lowest listed price was 57.87 . The trading volume for the day was 709.2 K. The trading history from August 14, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.21% . The overall trading delta against the current closing price is 0.14% . |
Allison Transmission Fundamentals Correlations and Trends
By evaluating Allison Transmission'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 Allison Transmission's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allison financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allison Transmission Stock history
Allison Transmission 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 Allison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allison Transmission 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 Allison Transmission stock prices may prove useful in developing a viable investing in Allison Transmission
Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical U.S. defense vehicles worldwide. Allison Transmission Holdings, Inc. was founded in 1915 and is headquartered in Indianapolis, Indiana. Allison Transmission operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 3400 people.
Allison Transmission Stock Technical Analysis
Allison Transmission 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.
Price Boundaries
Allison Transmission Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
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Allison Transmission January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Allison Transmission stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allison Transmission shares will generate the highest return on investment. By undertsting and applying Allison Transmission stock market strength indicators, traders can identify Allison Transmission Holdings entry and exit signals to maximize returns
Allison Transmission Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allison Transmission's price direction in advance. Along with the technical and fundamental analysis of Allison Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allison 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.
| Risk Adjusted Performance | 0.0857 | |||
| Jensen Alpha | 0.1708 | |||
| Total Risk Alpha | 0.1338 | |||
| Sortino Ratio | 0.1034 | |||
| Treynor Ratio | 0.6533 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allison Transmission Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Construction Machinery & Heavy Transportation Equipment 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 Allison Transmission. If investors know Allison 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 Allison Transmission listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Allison Transmission is measured differently than its book value, which is the value of Allison that is recorded on the company's balance sheet. Investors also form their own opinion of Allison Transmission's value that differs from its market value or its book value, called intrinsic value, which is Allison Transmission'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 Allison Transmission's market value can be influenced by many factors that don't directly affect Allison Transmission'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 Allison Transmission's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allison Transmission is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allison Transmission'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.