Align Technology Stock Alpha and Beta Analysis
| ALGN Stock | USD 166.20 5.69 3.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Align Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Align Technology over a specified time horizon. Remember, high Align Technology's 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 Align Technology's market risk premium analysis include:
Beta 1.25 | Alpha (0.34) | Risk 2.28 | Sharpe Ratio (0.23) | Expected Return (0.51) |
Enterprise Value |
|
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.
Align |
Align Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Align Technology market risk premium is the additional return an investor will receive from holding Align Technology 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 Align Technology. 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 Align Technology's performance over market.| α | -0.34 | β | 1.25 |
Align Technology 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 Align Technology's Buy-and-hold return. Our buy-and-hold chart shows how Align Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Align Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Align Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Align Technology shares will generate the highest return on investment. By understating and applying Align Technology stock market price indicators, traders can identify Align Technology position entry and exit signals to maximize returns.
Align Technology Return and Market Media
The median price of Align Technology for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 212.69 with a coefficient of variation of 9.89. The daily time series for the period is distributed with a sample standard deviation of 20.67, arithmetic mean of 208.93, and mean deviation of 15.86. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Align Technology Announces Fourth Quarter and Fiscal 2024 Financial Results | 02/05/2025 |
2 | Align Technology Dominates in Clear Aligners Despite 11 percent Market Share in Braces | 02/07/2025 |
3 | Align Technology Inc Stock Price Up 2.82 percent on Feb 26 | 02/26/2025 |
4 | Are Investors Undervaluing Align Technology, Inc. By 41 | 02/27/2025 |
5 | Align Technology Inc Trading Down 3.4 percent on Mar 4 | 03/04/2025 |
6 | Align Technology Announces Availability of Restorative Capabilities on Its Next Generation iTero Lumina Intraoral Scanner and New iTero Lumina Pro Dental Imagin... | 03/06/2025 |
7 | Why Is Align Technology Down 21.2 percent Since Last Earnings Report | 03/07/2025 |
8 | Align Technology lancia il software di rilevamento assistito da computer Align X-ray Insights nellUnione europea e nel Regno Unito | 03/10/2025 |
9 | Align Technology lanceert Align X-ray Insights, een AI CAD-software , in de Europese Unie en het Verenigd Koninkrijk | 03/11/2025 |
10 | Needham cuts Dentsply Sirona and ZimVie to hold on weak dental market outlook | 03/13/2025 |
About Align Technology 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 Align or other stocks. Alpha measures the amount that position in Align Technology 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.
| 2022 | 2023 | 2024 | 2025 (projected) | Payables Turnover | 8.61 | 10.21 | 11.04 | 11.39 | Days Of Inventory On Hand | 112.32 | 93.79 | 77.36 | 81.22 |
Align Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Align Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Align Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Align Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Align Technology. Please utilize our Beneish M Score to check the likelihood of Align Technology's management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Align Technology
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Align Technology Backtesting, Align Technology Valuation, Align Technology Correlation, Align Technology Hype Analysis, Align Technology Volatility, Align Technology History and analyze Align Technology Performance. To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Align Technology 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.