Alcon Stock Performance

ALC
 Stock
  

USD 62.04  2.64  4.44%   

The firm shows a Beta (market volatility) of 0.8427, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Alcon's beta means in this case. As returns on the market increase, Alcon returns are expected to increase less than the market. However, during the bear market, the loss on holding Alcon will be expected to be smaller as well. Even though it is essential to pay attention to Alcon Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alcon Inc exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Alcon Inc has an expected return of -0.27%. Please be advised to confirm Alcon Inc information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha to decide if Alcon Inc performance from the past will be repeated at some point in the near future.
  
Alcon Performance
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Over the last 90 days Alcon Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's essential indicators remain somewhat strong which may send shares a bit higher in November 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Alcon Price Channel

Quick Ratio1.26
Fifty Two Week Low56.84
Target High Price95.00
Fifty Two Week High88.78
Payout Ratio11.83%
Trailing Annual Dividend Yield0.20%
Target Low Price69.00

Alcon Relative Risk vs. Return Landscape

If you would invest  7,127  in Alcon Inc on July 6, 2022 and sell it today you would lose (1,187)  from holding Alcon Inc or give up 16.65% of portfolio value over 90 days. Alcon Inc is generating negative expected returns assuming volatility of 1.6985% on return distribution over 90 days investment horizon. In other words, 14% of stocks are less volatile than Alcon, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Alcon is expected to under-perform the market. In addition to that, the company is 1.37 times more volatile than its market benchmark. It trades about -0.16 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of volatility.

Alcon Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alcon's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alcon Inc, and traders can use it to determine the average amount a Alcon'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 = -0.1589

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Negative ReturnsALC
Estimated Market Risk
 1.7
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 -0.27
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 0 %
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Risk-Adjusted Return
 -0.16
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Based on monthly moving average Alcon is performing at about 0% of its full potential. 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 Alcon by adding it to a well-diversified portfolio.

About Alcon Performance

To evaluate Alcon Inc 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 Alcon 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 Alcon 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 Alcon Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alcon'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.
Alcon Inc., an eye care company, researches, develops, manufactures, distributes, and sells eye care products for eye care professionals and their patients worldwide. Alcon Inc. was founded in 1945 and is headquartered in Geneva, Switzerland. Alcon operates under Medical Instruments Supplies classification in the United States and is traded on New York Stock Exchange. It employs 24000 people.

Things to note about Alcon Inc

Checking the ongoing alerts about Alcon for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alcon Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Alcon Alerts

Equity Alerts and Improvement Suggestions

Alcon Inc generated a negative expected return over the last 90 days
Alcon Inc is unlikely to experience financial distress in the next 2 years
About 65.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.marketscreener.com: Alcon Completes Availability of Clareon Portfolio with Clareon Toric During AAO 2022 - Marketscreener.com
Please continue to Trending Equities. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Alcon'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 Alcon. If investors know Alcon 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 Alcon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alcon Inc is measured differently than its book value, which is the value of Alcon that is recorded on the company's balance sheet. Investors also form their own opinion of Alcon's value that differs from its market value or its book value, called intrinsic value, which is Alcon'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 Alcon's market value can be influenced by many factors that don't directly affect Alcon'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 Alcon's value and its price as these two are different measures arrived at by different means. Investors typically determine Alcon value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcon'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.