Allegro Microsystems Stock Alpha and Beta Analysis
| ALGM Stock | USD 22.52 0.79 3.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Allegro Microsystems. It also helps investors analyze the systematic and unsystematic risks associated with investing in Allegro Microsystems over a specified time horizon. Remember, high Allegro Microsystems' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Allegro Microsystems' market risk premium analysis include:
Beta 2.38 | Alpha (0.41) | Risk 3.28 | Sharpe Ratio 0.0022 | Expected Return 0.0071 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Allegro |
Allegro Microsystems Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Allegro Microsystems market risk premium is the additional return an investor will receive from holding Allegro Microsystems long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Allegro Microsystems. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Allegro Microsystems' performance over market.| α | -0.41 | β | 2.38 |
Allegro Microsystems expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Allegro Microsystems' Buy-and-hold return. Our buy-and-hold chart shows how Allegro Microsystems performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Allegro Microsystems Market Price Analysis
Market price analysis indicators help investors to evaluate how Allegro Microsystems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allegro Microsystems shares will generate the highest return on investment. By understating and applying Allegro Microsystems stock market price indicators, traders can identify Allegro Microsystems position entry and exit signals to maximize returns.
Allegro Microsystems Return and Market Media
The median price of Allegro Microsystems for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 21.59 with a coefficient of variation of 6.1. The daily time series for the period is distributed with a sample standard deviation of 1.32, arithmetic mean of 21.72, and mean deviation of 1.08. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Allegro MicroSystems Introduces High-Bandwidth Current Sensors Incorporating XtremeSense TMR Technology | 09/11/2024 |
2 | Disposition of 7681 shares by Vineet Nargolwala of Allegro Microsystems at 24.17 subject to Rule 16b-3 | 09/25/2024 |
3 | Disposition of 7681 shares by Vineet Nargolwala of Allegro Microsystems at 45.24 subject to Rule 16b-3 | 10/18/2024 |
4 | Allegro MicroSystems Second Quarter 2025 Earnings EPS Misses Expectations | 11/01/2024 |
5 | Acquisition by Vineet Nargolwala of 4800 shares of Allegro Microsystems at 19.89 subject to Rule 16b-3 | 11/05/2024 |
6 | Morgan Stanley rates Allegro MicroSystems stock Equal-weight, sees market slowdown | 11/07/2024 |
7 | Rep. Josh Gottheimer Purchases Shares of Allegro MicroSystems, Inc. | 11/08/2024 |
8 | FMR LLC Bolsters Position in Allegro Microsystems Inc | 11/13/2024 |
9 | Disposition of 2644 shares by Max Glover of Allegro Microsystems at 19.24 subject to Rule 16b-3 | 11/18/2024 |
10 | Allegro Microsystems SVP Michael Doogue acquires 285,000 in stock | 11/19/2024 |
11 | Allegro MicroSystems Wins Embedded Computing Designs Electronica 2024 Best-In-Show Award | 11/20/2024 |
About Allegro Microsystems Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Allegro or other stocks. Alpha measures the amount that position in Allegro Microsystems has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2024 (projected) | Dividend Yield | 0.0835 | 0.0668 | Price To Sales Ratio | 7.2 | 9.42 |
Allegro Microsystems Upcoming Company Events
As portrayed in its financial statements, the presentation of Allegro Microsystems' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Allegro Microsystems' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Allegro Microsystems' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Allegro Microsystems. Please utilize our Beneish M Score to check the likelihood of Allegro Microsystems' management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
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Check out Allegro Microsystems Backtesting, Allegro Microsystems Valuation, Allegro Microsystems Correlation, Allegro Microsystems Hype Analysis, Allegro Microsystems Volatility, Allegro Microsystems History and analyze Allegro Microsystems Performance. To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Allegro Microsystems 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.