Allego Stock Performance

ALLG
 Stock
  

USD 3.13  0.07  2.19%   

The firm shows a Beta (market volatility) of 1.3087, which signifies a somewhat significant risk relative to the market. Let's try to break down what Allego's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Allego US will likely underperform. Although it is important to respect Allego US historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards 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 Allego US technical indicators, you can presently evaluate if the expected return of 0.0647% will be sustainable into the future. Allego US right now shows a risk of 7.98%. Please confirm Allego US information ratio, as well as the relationship between the value at risk and expected short fall to decide if Allego US will be following its price patterns.
  
Allego Performance
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Over the last 90 days Allego US has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound essential indicators, Allego US is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more

Allego Price Channel

Begin Period Cash Flow8274000.00
Total Cashflows From Investing Activities-15367000.00

Allego US Relative Risk vs. Return Landscape

If you would invest  374.00  in Allego US on September 5, 2022 and sell it today you would lose (54.00)  from holding Allego US or give up 14.44% of portfolio value over 90 days. Allego US is currently generating 0.0647% in daily expected returns and assumes 7.9806% risk (volatility on return distribution) over the 90 days horizon. In different words, 69% of stocks are less volatile than Allego, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Allego US is expected to generate 0.63 times more return on investment than the market. However, the company is 1.58 times less risky than the market. It trades about 0.01 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.11 per unit of risk.

Allego US Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Allego US's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Allego US, and traders can use it to determine the average amount a Allego US'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 = 0.0081

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Estimated Market Risk
 7.98
  actual daily
 
 69 %
of total potential
 
6969
Expected Return
 0.06
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.01
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Allego US 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 Allego US by adding it to a well-diversified portfolio.

About Allego US Performance

To evaluate Allego US 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 Allego US 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 Allego 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 Allego US market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Allego'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.
Allego N.V. operates as an electric vehicle charging company. The company was founded in 2013 and is based in Arnhem, the Netherlands. Allego NV operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 140 people.

Things to note about Allego US

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

Allego US Alerts

Equity Alerts and Improvement Suggestions

Allego US has very high historical volatility over the last 90 days
Allego US has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 128 M. Net Loss for the year was (319.67 M) with profit before overhead, payroll, taxes, and interest of 25.17 M.
Allego US currently holds about 16.31 M in cash with (9.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Over 99.0% of the company shares are held by institutions such as insurance companies
Please continue to Trending Equities. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Allego US price analysis, check to measure Allego US'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 Allego US is operating at the current time. Most of Allego US's value examination focuses on studying past and present price action to predict the probability of Allego US's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Allego US's price. Additionally, you may evaluate how the addition of Allego US to your portfolios can decrease your overall portfolio volatility.
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Is Allego US'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 Allego US. If investors know Allego 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 Allego US listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
850.7 M
Quarterly Revenue Growth YOY
1.05
Return On Assets
(0.77) 
Return On Equity
(211.32) 
The market value of Allego US is measured differently than its book value, which is the value of Allego that is recorded on the company's balance sheet. Investors also form their own opinion of Allego US's value that differs from its market value or its book value, called intrinsic value, which is Allego US'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 Allego US's market value can be influenced by many factors that don't directly affect Allego US'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 Allego US's value and its price as these two are different measures arrived at by different means. Investors typically determine Allego US value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allego US'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.