Alamo Stock Performance

ALG
 Stock
  

USD 152.22  1.59  1.06%   

On a scale of 0 to 100, Alamo holds a performance score of 11. The firm shows a Beta (market volatility) of 0.7318, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Alamo's beta means in this case. As returns on the market increase, Alamo returns are expected to increase less than the market. However, during the bear market, the loss on holding Alamo will be expected to be smaller as well. Although it is vital to follow Alamo Group historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Alamo Group technical indicators, you can presently evaluate if the expected return of 0.27% will be sustainable into the future. Please makes use of Alamo Group sortino ratio, semi variance, and the relationship between the information ratio and value at risk to make a quick decision on whether Alamo price patterns will revert.
  
Alamo Performance
11 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Alamo Group are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting essential indicators, Alamo exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0049
Payout Ratio
0.0923
Forward Annual Dividend Rate
0.72
Dividend Date
2022-11-01
Ex Dividend Date
2022-10-17

Alamo Price Channel

Begin Period Cash Flow50195000.00
Total Cashflows From Investing Activities-33438000.00

Alamo Relative Risk vs. Return Landscape

If you would invest  12,891  in Alamo Group on September 5, 2022 and sell it today you would earn a total of  2,331  from holding Alamo Group or generate 18.08% return on investment over 90 days. Alamo Group is generating 0.273% of daily returns assuming volatility of 1.8583% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than Alamo, and above 95% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Alamo is expected to generate 0.15 times more return on investment than the market. However, the company is 6.73 times less risky than the market. It trades about 0.15 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.11 per unit of risk.

Alamo Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alamo's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alamo Group, and traders can use it to determine the average amount a Alamo'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 = 0.1469

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Estimated Market Risk
 1.86
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 0.27
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.15
  actual daily
 
 11 %
of total potential
 
1111
Based on monthly moving average Alamo is performing at about 11% 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 Alamo by adding it to a well-diversified portfolio.

About Alamo Performance

To evaluate Alamo Group 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 Alamo 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 Alamo 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 Alamo Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alamo'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 ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-1.3 M-1.3 M
Return on Investment 12.40  14.62 
Return on Average Assets 6.93  7.91 
Return on Average Equity 12.06  11.11 
Return on Invested Capital 0.14  0.14 
Return on Sales 0.09  0.1 

Things to note about Alamo Group

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

Alamo Alerts

Equity Alerts and Improvement Suggestions

Over 93.0% of the company shares are held by institutions such as insurance companies
On 1st of November 2022 Alamo paid $ 0.18 per share dividend to its current shareholders
Please continue to Trending Equities. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Alamo'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 Alamo. If investors know Alamo 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 Alamo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.47
Market Capitalization
1.8 B
Quarterly Revenue Growth YOY
0.09
Return On Assets
0.0657
Return On Equity
12.88
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine Alamo value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.