Alpha Teknova Stock Performance
| TKNO Stock | USD 1.79 0.11 5.79% |
The firm shows a Beta (market volatility) of -0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Alpha Teknova are expected to decrease at a much lower rate. During the bear market, Alpha Teknova is likely to outperform the market. Alpha Teknova has an expected return of -0.69%. Please make sure to confirm Alpha Teknova maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Alpha Teknova performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Alpha Teknova has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in June 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
1 | Purchase by Grossman Paul David of 4826 shares of Alpha Teknova | 02/27/2024 |
2 | Alpha Teknova, Inc.s top owners are private equity firms with 63 percent stake, while 14 percent is held by institutions | 02/29/2024 |
3 | Teknova Reports Fourth Quarter and Full Year 2023 Financial Results | 03/11/2024 |
4 | Alpha Teknova, Inc. Q4 2023 Earnings Call Transcript | 03/13/2024 |
5 | Alpha Teknova Trading Down 11 percent - Defense World | 04/02/2024 |
6 | Down -28.04 percent in 4 Weeks, Heres Why Alpha Teknova Looks Ripe for a Turnaround | 04/24/2024 |
7 | Teknova Launches Proprietary Build-Tek Solutions Custom Configurator and Latest AAV-Tek Product to Further Accelerate Novel Therapy Development | 05/07/2024 |
8 | Teknova Reports First Quarter 2024 Financial Results | 05/13/2024 |
9 | Alpha Teknova Stock Rating Reaffirmed by Stephens - Defense World | 05/16/2024 |
| Begin Period Cash Flow | 42.2 M |
Alpha |
Alpha Teknova Relative Risk vs. Return Landscape
If you would invest 307.00 in Alpha Teknova on February 20, 2024 and sell it today you would lose (128.00) from holding Alpha Teknova or give up 41.69% of portfolio value over 90 days. Alpha Teknova is currently does not generate positive expected returns and assumes 5.4264% risk (volatility on return distribution) over the 90 days horizon. In different words, 48% of stocks are less volatile than Alpha, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Alpha Teknova Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Teknova's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alpha Teknova, and traders can use it to determine the average amount a Alpha Teknova's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1277
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TKNO |
Estimated Market Risk
| 5.43 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alpha Teknova is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alpha Teknova by adding Alpha Teknova to a well-diversified portfolio.
Alpha Teknova Fundamentals Growth
Alpha Stock prices reflect investors' perceptions of the future prospects and financial health of Alpha Teknova, and Alpha Teknova fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alpha Stock performance.
| Return On Equity | -0.41 | ||||
| Return On Asset | -0.14 | ||||
| Profit Margin | (0.98) % | ||||
| Operating Margin | (0.86) % | ||||
| Current Valuation | 82.84 M | ||||
| Shares Outstanding | 40.82 M | ||||
| Price To Book | 0.93 X | ||||
| Price To Sales | 2.10 X | ||||
| Revenue | 36.68 M | ||||
| Gross Profit | 17.48 M | ||||
| EBITDA | (24.84 M) | ||||
| Net Income | (36.78 M) | ||||
| Cash And Equivalents | 64.73 M | ||||
| Cash Per Share | 2.30 X | ||||
| Total Debt | 30.46 M | ||||
| Debt To Equity | 0.27 % | ||||
| Current Ratio | 6.76 X | ||||
| Book Value Per Share | 2.04 X | ||||
| Cash Flow From Operations | (18.86 M) | ||||
| Earnings Per Share | (1.05) X | ||||
| Market Capitalization | 73.07 M | ||||
| Total Asset | 128.59 M | ||||
| Retained Earnings | (91.79 M) | ||||
| Working Capital | 36.78 M | ||||
About Alpha Teknova Performance
To evaluate Alpha Teknova Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Alpha Teknova generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Alpha Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Alpha Teknova market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alpha's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 153.68 | 99.26 | |
| Return On Tangible Assets | (0.32) | (0.31) | |
| Return On Capital Employed | (0.25) | (0.24) | |
| Return On Assets | (0.29) | (0.27) | |
| Return On Equity | (0.41) | (0.39) |
Things to note about Alpha Teknova performance evaluation
Checking the ongoing alerts about Alpha Teknova for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alpha Teknova help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alpha Teknova generated a negative expected return over the last 90 days | |
| Alpha Teknova has high historical volatility and very poor performance | |
| Alpha Teknova may become a speculative penny stock | |
| Alpha Teknova has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 36.68 M. Net Loss for the year was (36.78 M) with profit before overhead, payroll, taxes, and interest of 17.48 M. | |
| Alpha Teknova currently holds about 64.73 M in cash with (18.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Over 78.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Alpha Teknova Stock Rating Reaffirmed by Stephens - Defense World |
- Analyzing Alpha Teknova's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alpha Teknova's stock is overvalued or undervalued compared to its peers.
- Examining Alpha Teknova's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Alpha Teknova's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alpha Teknova's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alpha Teknova's stock. These opinions can provide insight into Alpha Teknova's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Alpha Teknova. 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. To learn how to invest in Alpha Stock, please use our How to Invest in Alpha Teknova guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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When running Alpha Teknova's price analysis, check to measure Alpha Teknova'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 Alpha Teknova is operating at the current time. Most of Alpha Teknova's value examination focuses on studying past and present price action to predict the probability of Alpha Teknova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Teknova's price. Additionally, you may evaluate how the addition of Alpha Teknova to your portfolios can decrease your overall portfolio volatility.
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Is Alpha Teknova'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 Alpha Teknova. If investors know Alpha 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 Alpha Teknova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.05) | Revenue Per Share 1.054 | Quarterly Revenue Growth 0.019 | Return On Assets (0.14) | Return On Equity (0.41) |
The market value of Alpha Teknova is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Teknova's value that differs from its market value or its book value, called intrinsic value, which is Alpha Teknova'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 Alpha Teknova's market value can be influenced by many factors that don't directly affect Alpha Teknova'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 Alpha Teknova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Teknova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Teknova'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.