Allegiant Travel Stock Technical Analysis
| ALGT Stock | USD 81.02 0.28 0.35% |
As of the 28th of November, Allegiant Travel shows the Downside Deviation of 2.78, risk adjusted performance of 0.2433, and Mean Deviation of 2.66. Allegiant Travel technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Allegiant Travel Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Allegiant, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AllegiantAllegiant |
Allegiant Travel Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 101.7 | Buy | 12 | Odds |
Most Allegiant analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Allegiant stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Allegiant Travel, talking to its executives and customers, or listening to Allegiant conference calls.
Allegiant Travel 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.
Allegiant Travel Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Allegiant Travel volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Allegiant Travel Trend Analysis
Use this graph to draw trend lines for Allegiant Travel. You can use it to identify possible trend reversals for Allegiant Travel as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Allegiant Travel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Allegiant Travel Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Allegiant Travel applied against its price change over selected period. The best fit line has a slop of 0.70 , which means Allegiant Travel will continue generating value for investors. It has 122 observation points and a regression sum of squares at 18535.97, which is the sum of squared deviations for the predicted Allegiant Travel price change compared to its average price change.About Allegiant Travel Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Allegiant Travel on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Allegiant Travel based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Allegiant Travel price pattern first instead of the macroeconomic environment surrounding Allegiant Travel. By analyzing Allegiant Travel's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Allegiant Travel's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Allegiant Travel specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0149 | 0.0172 | 0.0196 | Price To Sales Ratio | 1.88 | 0.59 | 0.56 |
Allegiant Travel November 28, 2024 Technical Indicators
Most technical analysis of Allegiant help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Allegiant from various momentum indicators to cycle indicators. When you analyze Allegiant charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2433 | |||
| Market Risk Adjusted Performance | 0.538 | |||
| Mean Deviation | 2.66 | |||
| Semi Deviation | 2.15 | |||
| Downside Deviation | 2.78 | |||
| Coefficient Of Variation | 325.16 | |||
| Standard Deviation | 3.3 | |||
| Variance | 10.88 | |||
| Information Ratio | 0.2695 | |||
| Jensen Alpha | 0.7849 | |||
| Total Risk Alpha | 0.5077 | |||
| Sortino Ratio | 0.3202 | |||
| Treynor Ratio | 0.528 | |||
| Maximum Drawdown | 16.1 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 6.22 | |||
| Downside Variance | 7.71 | |||
| Semi Variance | 4.64 | |||
| Expected Short fall | (3.18) | |||
| Skewness | 0.3443 | |||
| Kurtosis | 0.2341 |
Additional Tools for Allegiant Stock Analysis
When running Allegiant Travel's price analysis, check to measure Allegiant Travel'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 Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.