Alaska Air (Germany) Today

ALK Stock  EUR 36.80  0.31  0.85%   

Performance

2 of 100

 
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Odds Of Distress

Less than 9

 
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Alaska Air is trading at 36.80 as of the 28th of March 2024. This is a 0.85 percent increase since the beginning of the trading day. The stock's lowest day price was 36.8. Alaska Air has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Alaska Air Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company was founded in 1932 and is based in Seattle, Washington. ALASKA AIR operates under Airlines classification in Germany and is traded on Frankfurt Stock Exchange. The company has 127.54 M outstanding shares. More on Alaska Air Group

Moving together with Alaska Stock

  0.64OYC Delta Air LinesPairCorr

Moving against Alaska Stock

  0.49DBPD Xtrackers - ShortDAXPairCorr
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Alaska Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alaska Air's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alaska Air or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorBradley Tilden
Business ConcentrationAirlines, Industrials (View all Sectors)
Alaska Air Group (ALK) is traded on Frankfurt Exchange in Germany and employs 22,922 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alaska Air's market, we take the total number of its shares issued and multiply it by Alaska Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alaska Air Group classifies itself under Industrials sector and is part of Airlines industry. The entity has 127.54 M outstanding shares. Alaska Air Group has accumulated about 1.63 B in cash with 1.42 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.2.
Check Alaska Air Probability Of Bankruptcy
Ownership Allocation
Alaska Air holds a total of 127.54 Million outstanding shares. The majority of Alaska Air Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alaska Air Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alaska Air. Please pay attention to any change in the institutional holdings of Alaska Air Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Alaska Ownership Details

Alaska Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Alaska Air jumping above the current price in 90 days from now is roughly 2.81%. The Alaska Air Group probability density function shows the probability of Alaska Air stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Alaska Air has a beta of 0.5304. This suggests as returns on the market go up, Alaska Air average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alaska Air Group will be expected to be much smaller as well. Additionally, alaska Air Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 36.8HorizonTargetOdds Above 36.8
97.14%90 days
 36.80 
2.81%
Based on a normal probability distribution, the odds of Alaska Air to move above the current price in 90 days from now is roughly 2.81 (This Alaska Air Group probability density function shows the probability of Alaska Stock to fall within a particular range of prices over 90 days) .

Alaska Air Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Alaska Air market risk premium is the additional return an investor will receive from holding Alaska Air 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 Alaska Air. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Alaska Air's alpha and beta are two of the key measurements used to evaluate Alaska Air's performance over the market, the standard measures of volatility play an important role as well.

Alaska Stock Against Markets

Picking the right benchmark for Alaska Air stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alaska Air stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alaska Air is critical whether you are bullish or bearish towards Alaska Air Group at a given time. Please also check how Alaska Air's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Alaska Air without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Alaska Air Corporate Directors

Alaska Air corporate directors refer to members of an Alaska Air board of directors. The board of directors generally takes responsibility for the Alaska Air's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alaska Air's board members must vote for the resolution. The Alaska Air board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dennis MadsenIndependent DirectorProfile
Jessie KnightIndependent DirectorProfile
Helvi SandvikIndependent DirectorProfile
Lavanya SareenManaging Director Of Investor RelationsProfile

How to buy Alaska Stock?

Before investing in Alaska Air, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alaska Air. To buy Alaska Air stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alaska Air. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Alaska Air stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Alaska Air Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Alaska Air Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alaska Air Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alaska Stock please use our How to Invest in Alaska Air guide.

Already Invested in Alaska Air Group?

The danger of trading Alaska Air Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alaska Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alaska Air. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alaska Air Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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When running Alaska Air's price analysis, check to measure Alaska Air'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 Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air'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.