Alvotech Warrant Stock Market Value
| ALVOW Stock | USD 2.72 0.39 12.54% |
| Symbol | Alvotech |
Alvotech Warrant Price To Book Ratio
Is Biotechnology 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 Alvotech Warrant. If investors know Alvotech 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 Alvotech Warrant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Revenue Per Share 1.283 | Quarterly Revenue Growth 43.997 | Return On Assets (0.08) |
The market value of Alvotech Warrant is measured differently than its book value, which is the value of Alvotech that is recorded on the company's balance sheet. Investors also form their own opinion of Alvotech Warrant's value that differs from its market value or its book value, called intrinsic value, which is Alvotech Warrant'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 Alvotech Warrant's market value can be influenced by many factors that don't directly affect Alvotech Warrant'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 Alvotech Warrant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alvotech Warrant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alvotech Warrant'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.
Alvotech Warrant 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alvotech Warrant's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alvotech Warrant.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Alvotech Warrant on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Alvotech Warrant or generate 0.0% return on investment in Alvotech Warrant over 360 days. Alvotech Warrant is related to or competes with Tff Pharmaceuticals, Eliem Therapeutics, Inhibrx, and Enliven Therapeutics. Alvotech Holdings SA, through its subsidiaries, develops and manufactures biosimilars for global markets More
Alvotech Warrant Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alvotech Warrant's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alvotech Warrant upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.08 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 38.74 | |||
| Value At Risk | (10.45) | |||
| Potential Upside | 11.26 |
Alvotech Warrant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alvotech Warrant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alvotech Warrant's standard deviation. In reality, there are many statistical measures that can use Alvotech Warrant historical prices to predict the future Alvotech Warrant's volatility.| Risk Adjusted Performance | 0.021 | |||
| Jensen Alpha | 0.1552 | |||
| Total Risk Alpha | (1.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.22) |
Alvotech Warrant Backtested Returns
Alvotech Warrant is out of control given 3 months investment horizon. Alvotech Warrant secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 17.87% are justified by taking the suggested risk. Use Alvotech Warrant Risk Adjusted Performance of 0.021, mean deviation of 4.88, and Downside Deviation of 7.08 to evaluate company specific risk that cannot be diversified away. Alvotech Warrant holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Alvotech Warrant are expected to decrease at a much lower rate. During the bear market, Alvotech Warrant is likely to outperform the market. Use Alvotech Warrant potential upside, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Alvotech Warrant.
Auto-correlation | -0.36 |
Poor reverse predictability
Alvotech Warrant has poor reverse predictability. Overlapping area represents the amount of predictability between Alvotech Warrant time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alvotech Warrant price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Alvotech Warrant price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Alvotech Warrant lagged returns against current returns
Autocorrelation, which is Alvotech Warrant stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alvotech Warrant's stock expected returns. We can calculate the autocorrelation of Alvotech Warrant returns to help us make a trade decision. For example, suppose you find that Alvotech Warrant has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Alvotech Warrant regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alvotech Warrant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alvotech Warrant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alvotech Warrant stock over time.
Current vs Lagged Prices |
| Timeline |
Alvotech Warrant Lagged Returns
When evaluating Alvotech Warrant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alvotech Warrant stock have on its future price. Alvotech Warrant autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alvotech Warrant autocorrelation shows the relationship between Alvotech Warrant stock current value and its past values and can show if there is a momentum factor associated with investing in Alvotech Warrant.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Alvotech Stock Analysis
When running Alvotech Warrant's price analysis, check to measure Alvotech Warrant'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 Alvotech Warrant is operating at the current time. Most of Alvotech Warrant's value examination focuses on studying past and present price action to predict the probability of Alvotech Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alvotech Warrant's price. Additionally, you may evaluate how the addition of Alvotech Warrant to your portfolios can decrease your overall portfolio volatility.