ALK Abell (Denmark) Today

ALK-B Stock  DKK 124.10  0.20  0.16%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
ALK Abell is trading at 124.10 as of the 29th of March 2024, a 0.16 percent increase since the beginning of the trading day. The stock's open price was 123.9. ALK Abell has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ALK Abell AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
ALK-Abell AS, a pharmaceutical company, develops and markets products and services for allergy and allergic asthma in Europe, North America, and internationally. ALK-Abell AS was founded in 1923 and is headquartered in Hrsholm, Denmark. ALK Abell operates under Biotechnology classification in Denmark and is traded on Copenhagen Stock Exchange. The company has 200.74 M outstanding shares. More on ALK Abell AS

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Moving against ALK Stock

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Follow Valuation Odds of Bankruptcy
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ALK 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. ALK Abell's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ALK Abell or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationBiotechnology, Healthcare (View all Sectors)
ALK Abell AS (ALK-B) is traded on Copenhagen Exchange in Denmark and employs 2,680 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 24.3 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ALK Abell's market, we take the total number of its shares issued and multiply it by ALK Abell'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. ALK-Abell AS operates under Healthcare sector and is part of Biotechnology industry. The entity has 200.74 M outstanding shares. ALK Abell AS has accumulated about 375 M in cash with 416 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 34.47.
Check ALK Abell Probability Of Bankruptcy
Ownership Allocation
ALK-Abell AS retains a total of 200.74 Million outstanding shares. Over half of ALK Abell's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Thus, these institutions are subject to different rules and regulations than regular investors in ALK Abell. Please watch out for any change in the institutional holdings of ALK-Abell AS as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ALK Ownership Details

ALK Stock Price Odds Analysis

What are ALK Abell's target price odds to finish over the current price? Based on a normal probability distribution, the odds of ALK Abell jumping above the current price in 90 days from now is about 32.16%. The ALK Abell AS probability density function shows the probability of ALK Abell stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ALK Abell has a beta of 0.1056. This suggests as returns on the market go up, ALK Abell average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ALK Abell AS will be expected to be much smaller as well. Additionally, aLK Abell AS has an alpha of 0.3369, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 124.1HorizonTargetOdds Above 124.1
67.71%90 days
 124.10 
32.16%
Based on a normal probability distribution, the odds of ALK Abell to move above the current price in 90 days from now is about 32.16 (This ALK Abell AS probability density function shows the probability of ALK Stock to fall within a particular range of prices over 90 days) .

ALK-Abell AS Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ALK Abell market risk premium is the additional return an investor will receive from holding ALK Abell 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 ALK Abell. 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 ALK Abell's alpha and beta are two of the key measurements used to evaluate ALK Abell's performance over the market, the standard measures of volatility play an important role as well.

ALK Stock Against Markets

Picking the right benchmark for ALK Abell 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 ALK Abell 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 ALK Abell is critical whether you are bullish or bearish towards ALK Abell AS at a given time. Please also check how ALK Abell'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 ALK Abell 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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ALK Abell Corporate Management

Elected by the shareholders, the ALK Abell's board of directors comprises two types of representatives: ALK Abell inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ALK. The board's role is to monitor ALK Abell's management team and ensure that shareholders' interests are well served. ALK Abell's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ALK Abell's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy ALK Stock?

Before investing in ALK Abell, 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 ALK Abell. To buy ALK Abell stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ALK Abell. 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 ALK Abell stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ALK Abell AS 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 ALK Abell AS 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 ALK Abell AS, 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.

Already Invested in ALK Abell AS?

The danger of trading ALK Abell AS 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 ALK Abell 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 ALK Abell. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ALK-Abell AS 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ALK Abell AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the ALK-Abell AS information on this page should be used as a complementary analysis to other ALK Abell's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for ALK Stock analysis

When running ALK Abell's price analysis, check to measure ALK Abell'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 ALK Abell is operating at the current time. Most of ALK Abell's value examination focuses on studying past and present price action to predict the probability of ALK Abell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALK Abell's price. Additionally, you may evaluate how the addition of ALK Abell to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ALK Abell's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALK Abell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALK Abell'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.