Alkami Technology Stock Beta
| ALKT Stock | USD 24.40 0.33 1.37% |
Alkami Technology fundamentals help investors to digest information that contributes to Alkami Technology's financial success or failures. It also enables traders to predict the movement of Alkami Stock. The fundamental analysis module provides a way to measure Alkami Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alkami Technology stock.
Alkami | Beta |
Alkami Technology Company Beta Analysis
Alkami Technology's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Alkami Technology Beta | 0.4 |
Most of Alkami Technology's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alkami Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alkami Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Alkami Technology is extremely important. It helps to project a fair market value of Alkami Stock properly, considering its historical fundamentals such as Beta. Since Alkami Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alkami Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alkami Technology's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Alkami Technology has a Beta of 0.402. This is 62.08% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Alkami Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alkami Technology's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alkami Technology could also be used in its relative valuation, which is a method of valuing Alkami Technology by comparing valuation metrics of similar companies.Alkami Technology is currently under evaluation in beta category among related companies.
Alkami Technology Institutional Holders
Institutional Holdings refers to the ownership stake in Alkami Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alkami Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alkami Technology's value.| Shares | Manufacturers Life Insurance Co | 2023-12-31 | 854.4 K | Scalar Gauge Management, Llc | 2023-12-31 | 853.4 K | Bamco Inc | 2023-12-31 | 779 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 749 K | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2023-12-31 | 719.9 K | Driehaus Capital Management Llc | 2023-12-31 | 638 K | Lord, Abbett & Co Llc | 2023-12-31 | 613.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 582.4 K | Advisory Research Inc | 2023-12-31 | 483.3 K | General Atlantic Llc | 2023-12-31 | 18.7 M | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 4.7 M |
As returns on the market increase, Alkami Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alkami Technology is expected to be smaller as well.
Alkami Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.0892 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | (0.18) % | ||||
| Current Valuation | 2.26 B | ||||
| Shares Outstanding | 97.51 M | ||||
| Shares Owned By Insiders | 31.89 % | ||||
| Shares Owned By Institutions | 61.31 % | ||||
| Number Of Shares Shorted | 1.03 M | ||||
| Price To Book | 7.22 X | ||||
| Price To Sales | 8.86 X | ||||
| Revenue | 264.83 M | ||||
| Gross Profit | 108.32 M | ||||
| EBITDA | (52.81 M) | ||||
| Net Income | (62.91 M) | ||||
| Cash And Equivalents | 213.35 M | ||||
| Cash Per Share | 2.34 X | ||||
| Total Debt | 19.26 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 6.97 X | ||||
| Book Value Per Share | 3.36 X | ||||
| Cash Flow From Operations | (17.84 M) | ||||
| Short Ratio | 4.03 X | ||||
| Earnings Per Share | (0.67) X | ||||
| Target Price | 28.44 | ||||
| Number Of Employees | 917 | ||||
| Beta | 0.4 | ||||
| Market Capitalization | 2.36 B | ||||
| Total Asset | 414.35 M | ||||
| Retained Earnings | (435.37 M) | ||||
| Working Capital | 109.16 M | ||||
| Net Asset | 414.35 M |
About Alkami Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alkami Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alkami Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alkami Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Alkami Technology Investors Sentiment
The influence of Alkami Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alkami. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alkami Technology's public news can be used to forecast risks associated with an investment in Alkami. The trend in average sentiment can be used to explain how an investor holding Alkami can time the market purely based on public headlines and social activities around Alkami Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alkami Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alkami Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alkami Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alkami Technology.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alkami Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alkami Technology's short interest history, or implied volatility extrapolated from Alkami Technology options trading.
Check out Alkami Technology Piotroski F Score and Alkami Technology Altman Z Score analysis. For more information on how to buy Alkami Stock please use our How to Invest in Alkami Technology guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Alkami Stock analysis
When running Alkami Technology's price analysis, check to measure Alkami Technology'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 Alkami Technology is operating at the current time. Most of Alkami Technology's value examination focuses on studying past and present price action to predict the probability of Alkami Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkami Technology's price. Additionally, you may evaluate how the addition of Alkami Technology to your portfolios can decrease your overall portfolio volatility.
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Is Alkami Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alkami Technology. If investors know Alkami will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alkami Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 2.815 | Quarterly Revenue Growth 0.285 | Return On Assets (0.09) | Return On Equity (0.19) |
The market value of Alkami Technology is measured differently than its book value, which is the value of Alkami that is recorded on the company's balance sheet. Investors also form their own opinion of Alkami Technology's value that differs from its market value or its book value, called intrinsic value, which is Alkami Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alkami Technology's market value can be influenced by many factors that don't directly affect Alkami Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alkami Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alkami Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alkami Technology'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.