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Alector Inc
Buy, Hold or Sell?

Let's analyze Alector together

I guess you are interested in Alector Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Alector Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Alector (30 sec.)










1.2. What can you expect buying and holding a share of Alector? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
3.4%

What is your share worth?

Current worth
$1.21
Expected worth in 1 year
$0.77
How sure are you?
27.6%

+ What do you gain per year?

Total Gains per Share
$-0.45
Return On Investment
-17.7%

For what price can you sell your share?

Current Price per Share
$2.51
Expected price per share
$0 - $4.505
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Alector (5 min.)




Live pricePrice per Share (EOD)
$2.51
Intrinsic Value Per Share
$-197.00 - $-236.72
Total Value Per Share
$-195.79 - $-235.50

2.2. Growth of Alector (5 min.)




Is Alector growing?

Current yearPrevious yearGrowGrow %
How rich?$118.9m$189m-$43.4m-29.8%

How much money is Alector making?

Current yearPrevious yearGrowGrow %
Making money-$39.6m-$35.3m-$4.2m-10.7%
Net Profit Margin-257.8%-281.5%--

How much money comes from the company's main activities?

2.3. Financial Health of Alector (5 min.)




2.4. Comparing to competitors in the Biotechnology industry (5 min.)




  Industry Rankings (Biotechnology)  


Richest
#337 / 950

Most Revenue
#239 / 950

Most Profit
#813 / 950

Most Efficient
#550 / 950
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Alector?

Welcome investor! Alector's management wants to use your money to grow the business. In return you get a share of Alector.

First you should know what it really means to hold a share of Alector. And how you can make/lose money.

Speculation

The Price per Share of Alector is $2.51. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Alector.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Alector, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.21. Based on the TTM, the Book Value Change Per Share is $-0.11 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.23 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Alector.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.43-17.2%-0.40-16.1%-0.36-14.4%-0.33-13.0%-0.27-10.8%
Usd Book Value Change Per Share-0.32-12.9%-0.11-4.4%-0.23-9.2%-0.05-2.0%0.041.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.1%0.000.0%0.000.0%
Usd Total Gains Per Share-0.32-12.9%-0.11-4.4%-0.23-9.1%-0.05-2.0%0.041.7%
Usd Price Per Share4.66-5.80-6.98-13.04-10.79-
Price to Earnings Ratio-2.70--3.59-23.96-0.83--1.31-
Price-to-Total Gains Ratio-14.43--11.12--4.47--20.24--23.59-
Price to Book Ratio3.84-3.98-3.61-5.30-4.38-
Price-to-Total Gains Ratio-14.43--11.12--4.47--20.24--23.59-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.51
Number of shares398
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.11-0.05
Usd Total Gains Per Share-0.11-0.05
Gains per Quarter (398 shares)-44.32-20.02
Gains per Year (398 shares)-177.28-80.09
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-177-1871-81-90
20-355-3642-162-170
30-532-5413-243-250
40-709-7184-324-330
50-886-8955-405-410
60-1064-10725-486-490
70-1241-12496-567-570
80-1418-14267-648-650
90-1596-16038-729-730
100-1773-17809-810-810

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%2.010.00.016.7%3.017.00.015.0%3.025.01.010.3%3.025.01.010.3%
Book Value Change Per Share1.03.00.025.0%3.09.00.025.0%5.015.00.025.0%8.020.01.027.6%8.020.01.027.6%
Dividend per Share0.00.04.00.0%1.00.011.08.3%1.00.019.05.0%1.00.028.03.4%1.00.028.03.4%
Total Gains per Share1.03.00.025.0%3.09.00.025.0%5.015.00.025.0%8.020.01.027.6%8.020.01.027.6%
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3.2. Key Performance Indicators

The key performance indicators of Alector Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.323-0.111-66%-0.231-28%-0.051-84%0.042-871%
Book Value Per Share--1.2141.487-18%1.931-37%2.408-50%1.910-36%
Current Ratio--3.2933.379-3%7.923-58%6.822-52%7.253-55%
Debt To Asset Ratio--0.7700.752+2%0.741+4%0.624+23%0.662+16%
Debt To Equity Ratio--3.3393.079+8%2.877+16%2.001+67%1.480+126%
Dividend Per Share----0%0.003-100%0.001-100%0.000-100%
Eps---0.431-0.404-6%-0.361-16%-0.326-24%-0.272-37%
Free Cash Flow Per Share---0.520-0.567+9%-0.485-7%-0.150-71%-0.093-82%
Free Cash Flow To Equity Per Share---0.520-0.383-26%-0.481-7%0.024-2241%0.142-467%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.966+4%
Intrinsic Value_10Y_max---236.717--------
Intrinsic Value_10Y_min---197.001--------
Intrinsic Value_1Y_max---4.712--------
Intrinsic Value_1Y_min---4.617--------
Intrinsic Value_3Y_max---28.644--------
Intrinsic Value_3Y_min---27.053--------
Intrinsic Value_5Y_max---70.042--------
Intrinsic Value_5Y_min---63.764--------
Market Cap245810826.000-86%456365916.000568009080.000-20%683324716.500-33%1277457317.550-64%1057081107.414-57%
Net Profit Margin---2.752-2.578-6%-2.815+2%-4.770+73%-4.302+56%
Operating Margin----2.2240%-3.1580%-4.8980%-4.4740%
Operating Ratio--4.1574.1580%4.261-2%6.059-31%8.195-49%
Pb Ratio2.067-86%3.8373.978-4%3.607+6%5.303-28%4.378-12%
Pe Ratio-1.456+46%-2.702-3.594+33%23.958-111%0.832-425%-1.315-51%
Price Per Share2.510-86%4.6605.800-20%6.978-33%13.044-64%10.794-57%
Price To Free Cash Flow Ratio-1.206+46%-2.239-2.650+18%-3.587+60%-5.884+163%-5.651+152%
Price To Total Gains Ratio-7.770+46%-14.426-11.115-23%-4.471-69%-20.238+40%-23.594+64%
Quick Ratio--6.1556.194-1%13.773-55%11.544-47%11.796-48%
Return On Assets---0.082-0.068-17%-0.048-41%-0.058-29%-0.053-35%
Return On Equity---0.355-0.281-21%-0.190-46%-0.164-54%-0.124-65%
Total Gains Per Share---0.323-0.111-66%-0.228-29%-0.050-84%0.042-864%
Usd Book Value--118933000.000145641250.000-18%189079500.000-37%235826350.000-50%187024896.552-36%
Usd Book Value Change Per Share---0.323-0.111-66%-0.231-28%-0.051-84%0.042-871%
Usd Book Value Per Share--1.2141.487-18%1.931-37%2.408-50%1.910-36%
Usd Dividend Per Share----0%0.003-100%0.001-100%0.000-100%
Usd Eps---0.431-0.404-6%-0.361-16%-0.326-24%-0.272-37%
Usd Free Cash Flow---50946000.000-55565500.000+9%-47482750.000-7%-14690500.000-71%-8792137.931-83%
Usd Free Cash Flow Per Share---0.520-0.567+9%-0.485-7%-0.150-71%-0.093-82%
Usd Free Cash Flow To Equity Per Share---0.520-0.383-26%-0.481-7%0.024-2241%0.142-467%
Usd Market Cap245810826.000-86%456365916.000568009080.000-20%683324716.500-33%1277457317.550-64%1057081107.414-57%
Usd Price Per Share2.510-86%4.6605.800-20%6.978-33%13.044-64%10.794-57%
Usd Profit---42220000.000-39602250.000-6%-35346250.000-16%-31888000.000-24%-26711862.069-37%
Usd Revenue--15342000.00015377000.0000%24078000.000-36%25559050.000-40%19225896.552-20%
Usd Total Gains Per Share---0.323-0.111-66%-0.228-29%-0.050-84%0.042-864%
 EOD+3 -5MRQTTM+6 -26YOY+4 -305Y+6 -2810Y+7 -28

3.3 Fundamental Score

Let's check the fundamental score of Alector Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.456
Price to Book Ratio (EOD)Between0-12.067
Net Profit Margin (MRQ)Greater than0-2.752
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than16.155
Current Ratio (MRQ)Greater than13.293
Debt to Asset Ratio (MRQ)Less than10.770
Debt to Equity Ratio (MRQ)Less than13.339
Return on Equity (MRQ)Greater than0.15-0.355
Return on Assets (MRQ)Greater than0.05-0.082
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of Alector Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.054
Ma 20Greater thanMa 504.289
Ma 50Greater thanMa 1004.618
Ma 100Greater thanMa 2005.068
OpenGreater thanClose2.570
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Alector Inc

Alector, Inc., a clinical stage biopharmaceutical company, develops therapies for the treatment of neurodegeneration diseases. Its products include AL001, an immune activity in the brain with genetic links to multiple neurodegenerative disorders, which is in Phase III clinical trial for the treatment of frontotemporal dementia, Alzheimer's, Parkinson's, and amyotrophic lateral sclerosis diseases; and AL101 that is in Phase I clinical trial for the treatment of neurodegenerative diseases, including Alzheimer's and Parkinson's diseases. The company also offers AL002, a product candidate that is in Phase II clinical trial for the treatment of Alzheimer's disease. Alector, Inc. has a collaboration agreement with Adimab, LLC for the research and development of antibodies; and a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of monoclonal antibodies, such as AL001 and AL101 to treat neurodegenerative diseases. The company was founded in 2013 and is headquartered in South San Francisco, California.

Fundamental data was last updated by Penke on 2024-11-14 09:36:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Alector earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Alector to the Biotechnology industry mean.
  • A Net Profit Margin of -275.2% means that $-2.75 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Alector Inc:

  • The MRQ is -275.2%. The company is making a huge loss. -2
  • The TTM is -257.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-275.2%TTM-257.8%-17.3%
TTM-257.8%YOY-281.5%+23.6%
TTM-257.8%5Y-477.0%+219.1%
5Y-477.0%10Y-430.2%-46.8%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-275.2%-112.2%-163.0%
TTM-257.8%-221.4%-36.4%
YOY-281.5%-210.0%-71.5%
5Y-477.0%-342.2%-134.8%
10Y-430.2%-464.5%+34.3%
4.3.1.2. Return on Assets

Shows how efficient Alector is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Alector to the Biotechnology industry mean.
  • -8.2% Return on Assets means that Alector generated $-0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Alector Inc:

  • The MRQ is -8.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -6.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-8.2%TTM-6.8%-1.4%
TTM-6.8%YOY-4.8%-2.0%
TTM-6.8%5Y-5.8%-1.0%
5Y-5.8%10Y-5.3%-0.5%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.2%-11.3%+3.1%
TTM-6.8%-11.7%+4.9%
YOY-4.8%-11.3%+6.5%
5Y-5.8%-12.7%+6.9%
10Y-5.3%-14.1%+8.8%
4.3.1.3. Return on Equity

Shows how efficient Alector is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Alector to the Biotechnology industry mean.
  • -35.5% Return on Equity means Alector generated $-0.35 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Alector Inc:

  • The MRQ is -35.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -28.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-35.5%TTM-28.1%-7.4%
TTM-28.1%YOY-19.0%-9.0%
TTM-28.1%5Y-16.4%-11.6%
5Y-16.4%10Y-12.4%-4.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-35.5%-14.2%-21.3%
TTM-28.1%-15.9%-12.2%
YOY-19.0%-14.3%-4.7%
5Y-16.4%-18.5%+2.1%
10Y-12.4%-19.3%+6.9%
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4.3.2. Operating Efficiency of Alector Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Alector is operating .

  • Measures how much profit Alector makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Alector to the Biotechnology industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Alector Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-222.4%+222.4%
TTM-222.4%YOY-315.8%+93.3%
TTM-222.4%5Y-489.8%+267.4%
5Y-489.8%10Y-447.4%-42.4%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ--222.9%+222.9%
TTM-222.4%-310.7%+88.3%
YOY-315.8%-223.5%-92.3%
5Y-489.8%-387.1%-102.7%
10Y-447.4%-498.5%+51.1%
4.3.2.2. Operating Ratio

Measures how efficient Alector is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Biotechnology industry mean).
  • An Operation Ratio of 4.16 means that the operating costs are $4.16 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Alector Inc:

  • The MRQ is 4.157. The company is inefficient in keeping operating costs low. -1
  • The TTM is 4.158. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ4.157TTM4.158-0.001
TTM4.158YOY4.261-0.103
TTM4.1585Y6.059-1.901
5Y6.05910Y8.195-2.135
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ4.1572.465+1.692
TTM4.1583.253+0.905
YOY4.2613.298+0.963
5Y6.0594.788+1.271
10Y8.1956.494+1.701
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4.4.3. Liquidity of Alector Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Alector is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Biotechnology industry mean).
  • A Current Ratio of 3.29 means the company has $3.29 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Alector Inc:

  • The MRQ is 3.293. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.379. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.293TTM3.379-0.086
TTM3.379YOY7.923-4.543
TTM3.3795Y6.822-3.442
5Y6.82210Y7.253-0.431
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2933.637-0.344
TTM3.3793.890-0.511
YOY7.9234.666+3.257
5Y6.8225.953+0.869
10Y7.2536.277+0.976
4.4.3.2. Quick Ratio

Measures if Alector is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Alector to the Biotechnology industry mean.
  • A Quick Ratio of 6.16 means the company can pay off $6.16 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Alector Inc:

  • The MRQ is 6.155. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.194. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ6.155TTM6.194-0.039
TTM6.194YOY13.773-7.579
TTM6.1945Y11.544-5.350
5Y11.54410Y11.796-0.251
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ6.1553.086+3.069
TTM6.1943.451+2.743
YOY13.7734.456+9.317
5Y11.5445.931+5.613
10Y11.7966.436+5.360
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4.5.4. Solvency of Alector Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Alector assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Alector to Biotechnology industry mean.
  • A Debt to Asset Ratio of 0.77 means that Alector assets are financed with 77.0% credit (debt) and the remaining percentage (100% - 77.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Alector Inc:

  • The MRQ is 0.770. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.752. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.770TTM0.752+0.017
TTM0.752YOY0.741+0.011
TTM0.7525Y0.624+0.128
5Y0.62410Y0.662-0.038
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7700.350+0.420
TTM0.7520.344+0.408
YOY0.7410.310+0.431
5Y0.6240.365+0.259
10Y0.6620.382+0.280
4.5.4.2. Debt to Equity Ratio

Measures if Alector is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Alector to the Biotechnology industry mean.
  • A Debt to Equity ratio of 333.9% means that company has $3.34 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Alector Inc:

  • The MRQ is 3.339. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.079. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.339TTM3.079+0.260
TTM3.079YOY2.877+0.202
TTM3.0795Y2.001+1.078
5Y2.00110Y1.480+0.521
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3390.394+2.945
TTM3.0790.432+2.647
YOY2.8770.380+2.497
5Y2.0010.451+1.550
10Y1.4800.490+0.990
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Alector generates.

  • Above 15 is considered overpriced but always compare Alector to the Biotechnology industry mean.
  • A PE ratio of -2.70 means the investor is paying $-2.70 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Alector Inc:

  • The EOD is -1.456. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.702. Based on the earnings, the company is expensive. -2
  • The TTM is -3.594. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.456MRQ-2.702+1.247
MRQ-2.702TTM-3.594+0.892
TTM-3.594YOY23.958-27.552
TTM-3.5945Y0.832-4.426
5Y0.83210Y-1.315+2.146
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-1.456-2.303+0.847
MRQ-2.702-2.403-0.299
TTM-3.594-3.148-0.446
YOY23.958-3.251+27.209
5Y0.832-6.084+6.916
10Y-1.315-6.764+5.449
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Alector Inc:

  • The EOD is -1.206. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.239. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.650. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.206MRQ-2.239+1.033
MRQ-2.239TTM-2.650+0.411
TTM-2.650YOY-3.587+0.937
TTM-2.6505Y-5.884+3.234
5Y-5.88410Y-5.651-0.233
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-1.206-3.042+1.836
MRQ-2.239-3.234+0.995
TTM-2.650-3.719+1.069
YOY-3.587-4.557+0.970
5Y-5.884-8.332+2.448
10Y-5.651-9.276+3.625
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Alector is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Biotechnology industry mean).
  • A PB ratio of 3.84 means the investor is paying $3.84 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Alector Inc:

  • The EOD is 2.067. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.837. Based on the equity, the company is fair priced.
  • The TTM is 3.978. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.067MRQ3.837-1.770
MRQ3.837TTM3.978-0.140
TTM3.978YOY3.607+0.370
TTM3.9785Y5.303-1.325
5Y5.30310Y4.378+0.924
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD2.0671.943+0.124
MRQ3.8372.051+1.786
TTM3.9782.356+1.622
YOY3.6072.454+1.153
5Y5.3033.714+1.589
10Y4.3784.378+0.000
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Alector Inc.

4.8.1. Institutions holding Alector Inc

Institutions are holding 86.796% of the shares of Alector Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-06-30FMR Inc14.76280.004214457220948320.6603
2024-06-30BlackRock Inc9.29380.000991014376178727.2832
2024-06-30Morgan Stanley - Brokerage Accounts6.13720.00116010146-599806-9.0743
2024-06-30Vanguard Group Inc5.43340.000553209704083928.3132
2024-06-30Deep Track Capital, LP4.72990.6277463199886261222.8847
2024-06-30State Street Corp2.84890.00062789877-1125292-28.7418
2024-06-30BRAIDWELL LP2.4310.3391238070400
2024-06-30Soleus Capital Management, L.P.2.28630.8964223900622390060
2024-06-30Deutsche Bank AG2.27540.00462228281-414586-15.687
2024-06-30Geode Capital Management, LLC1.79270.0007175558517981511.4112
2024-06-30JPMorgan Chase & Co1.69150.00061656525-59239-3.4526
2024-06-30Euclidean Capital LLC1.33550.7461130785800
2024-06-30Deerfield Management Co1.17260.08671148326754817.0356
2024-06-30Franklin Resources Inc0.98370.001396336938450.4007
2024-06-30Baker Bros Advisors LP0.94690.05389272649272640
2024-06-30Dafna Capital Management LLC0.93220.990291292800
2024-06-30T. Rowe Price Associates, Inc.0.8880.0005869578-20916-2.3488
2024-06-30Jacobs Levy Equity Management, Inc.0.87670.0161858576-64223-6.9596
2024-06-30AllianceBernstein L.P.0.78320.0012766973412875.6894
2024-06-30Dimensional Fund Advisors, Inc.0.69040.0008676076-169888-20.0822
Total 62.29213.773161002697+2996456+4.9%

4.9.2. Funds holding Alector Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-09-30Fidelity Growth Compy Commingled Pl S5.17880.02665071624501340.9984
2024-09-30Fidelity Growth Company Fund3.69360.02563617169-7680-0.2119
2024-09-30Fidelity Select Biotechnology3.61050.3328353575300
2024-09-30Vanguard Total Stock Mkt Idx Inv2.41560.0006236557100
2024-10-31iShares Russell 2000 ETF2.14270.01522098341-4718-0.2243
2024-09-30JPMorgan Small Cap Growth A1.53850.1924150661160519667.1384
2024-09-30Fidelity Growth Company K61.32880.02931301324-22454-1.6962
2024-09-30Vanguard Institutional Extnd Mkt Idx Tr1.15060.00481126801203471.8389
2024-09-30Fidelity Series Growth Company0.96850.025494845500
2024-08-31Fidelity Small Cap Index0.84450.016827010-18552-2.194
2024-10-31SPDR® S&P Biotech ETF0.79870.0545782204-11298-1.4238
2024-10-31iShares Russell 2000 Growth ETF0.73290.029771775400
2024-09-30BlackRock Advantage Small Cap Core Instl0.68120.0781667104283544.439
2024-09-30Franklin Biotechnology Discv A(acc)USD0.63890.182662563600
2024-10-31State St Russell Sm/Mid Cp® Indx NL Cl C0.55870.006547177-16600-2.9444
2024-10-31iShares Biotechnology ETF0.55080.0377539367-3222-0.5938
2024-09-30T. Rowe Price Health Sciences0.51540.0152504764-10067-1.9554
2024-09-30Fidelity Extended Market Index0.48640.00534762835320312.5752
2024-09-30Vanguard Explorer Inv0.42510.008641628700
2024-10-31Schwab US Small-Cap ETF™0.39910.01139085600
Total 28.65931.097428066091+662643+2.4%

5.3. Insider Transactions

Insiders are holding 10.019% of the shares of Alector Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-09-03Arnon RosenthalSELL264994.88
2024-09-03Marc GrassoSELL72974.88
2024-09-03Sara Kenkare-mitraSELL139264.88
2024-08-12Paula HammondSELL105005.06
2024-06-03Arnon RosenthalSELL251354.8
2024-06-03Gary RomanoSELL80404.8
2024-06-03Marc GrassoSELL69204.8
2024-03-04Arnon RosenthalSELL188376.92
2024-03-04Gary RomanoSELL60016.92
2024-03-04Marc GrassoSELL57166.92
2023-12-04Arnon RosenthalSELL238315.56
2023-12-04Gary RomanoSELL50355.56
2023-12-04Marc GrassoSELL45745.56
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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2024-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets516,023
Total Liabilities397,090
Total Stockholder Equity118,933
 As reported
Total Liabilities 397,090
Total Stockholder Equity+ 118,933
Total Assets = 516,023

Assets

Total Assets516,023
Total Current Assets469,364
Long-term Assets46,659
Total Current Assets
Cash And Cash Equivalents 37,159
Short-term Investments 420,043
Other Current Assets 12,162
Total Current Assets  (as reported)469,364
Total Current Assets  (calculated)469,364
+/-0
Long-term Assets
Property Plant Equipment 39,025
Long-term Assets Other 7,634
Long-term Assets  (as reported)46,659
Long-term Assets  (calculated)46,659
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities142,525
Long-term Liabilities254,565
Total Stockholder Equity118,933
Total Current Liabilities
Short-term Debt 8,680
Accounts payable 5,017
Other Current Liabilities 73,401
Total Current Liabilities  (as reported)142,525
Total Current Liabilities  (calculated)87,098
+/- 55,427
Long-term Liabilities
Long-term Liabilities  (as reported)254,565
Long-term Liabilities  (calculated)0
+/- 254,565
Total Stockholder Equity
Common Stock9
Retained Earnings -827,053
Accumulated Other Comprehensive Income 931
Other Stockholders Equity 945,046
Total Stockholder Equity (as reported)118,933
Total Stockholder Equity (calculated)118,933
+/-0
Other
Cash and Short Term Investments 457,202
Common Stock Shares Outstanding 96,675
Current Deferred Revenue55,427
Liabilities and Stockholders Equity 516,023
Net Debt -2,520
Net Working Capital 326,839
Short Long Term Debt Total 34,639



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312016-12-31
> Total Assets 
54,111
236,060
274,883
274,883
318,699
308,359
496,044
477,251
449,730
421,913
618,928
572,030
531,588
488,251
440,364
397,113
854,226
814,658
954,457
889,672
837,038
787,648
748,342
708,737
672,395
621,827
635,494
570,729
516,023
516,023570,729635,494621,827672,395708,737748,342787,648837,038889,672954,457814,658854,226397,113440,364488,251531,588572,030618,928421,913449,730477,251496,044308,359318,699274,883274,883236,06054,111
   > Total Current Assets 
0
232,974
270,020
270,020
312,617
293,176
442,114
414,597
385,483
357,437
556,204
510,088
470,012
421,511
374,737
329,330
788,019
749,713
890,926
827,021
774,963
726,435
686,002
647,992
613,147
565,807
581,390
519,701
469,364
469,364519,701581,390565,807613,147647,992686,002726,435774,963827,021890,926749,713788,019329,330374,737421,511470,012510,088556,204357,437385,483414,597442,114293,176312,617270,020270,020232,9740
       Cash And Cash Equivalents 
50,838
32,451
48,910
48,910
41,939
65,470
60,954
69,208
86,974
89,641
160,917
92,501
84,979
49,969
110,703
125,713
516,532
329,152
454,620
172,265
184,231
154,323
195,555
131,540
101,964
74,555
72,552
47,545
37,159
37,15947,54572,55274,555101,964131,540195,555154,323184,231172,265454,620329,152516,532125,713110,70349,96984,97992,501160,91789,64186,97469,20860,95465,47041,93948,91048,91032,45150,838
       Short-term Investments 
0
0
219,189
219,189
266,755
224,938
375,641
341,725
294,472
263,432
387,618
411,139
376,735
363,339
252,041
193,857
261,318
406,099
413,951
636,590
574,075
558,528
473,774
498,508
486,897
474,306
489,531
455,789
420,043
420,043455,789489,531474,306486,897498,508473,774558,528574,075636,590413,951406,099261,318193,857252,041363,339376,735411,139387,618263,432294,472341,725375,641224,938266,755219,189219,18900
       Net Receivables 
0
200,238
0
0
0
0
0
0
0
0
1,500
1,400
1,200
0
0
0
1,584
7,391
12,819
8,816
6,491
2,587
4,699
7,825
10,465
0
0
0
0
000010,4657,8254,6992,5876,4918,81612,8197,3911,5840001,2001,4001,50000000000200,2380
   > Long-term Assets 
0
3,086
0
0
6,082
15,183
53,930
62,654
64,247
64,476
62,724
61,942
61,576
66,740
65,627
67,783
66,207
64,945
63,531
62,651
62,075
61,213
62,340
60,745
59,248
56,020
54,104
51,028
46,659
46,65951,02854,10456,02059,24860,74562,34061,21362,07562,65163,53164,94566,20767,78365,62766,74061,57661,94262,72464,47664,24762,65453,93015,1836,082003,0860
       Property Plant Equipment 
2,536
2,834
3,246
3,246
3,555
10,937
52,398
61,072
62,626
62,328
60,849
59,384
57,887
62,651
61,563
60,318
59,019
57,899
56,127
55,260
54,819
53,332
52,064
50,591
49,154
47,056
45,156
43,367
39,025
39,02543,36745,15647,05649,15450,59152,06453,33254,81955,26056,12757,89959,01960,31861,56362,65157,88759,38460,84962,32862,62661,07252,39810,9373,5553,2463,2462,8342,536
       Long-term Assets Other 
0
252
0
0
2,527
4,246
1,532
1,582
1,621
2,148
1,875
2,558
3,689
4,089
4,064
7,465
7,188
7,046
7,404
7,391
5,784
6,409
8,804
8,605
8,548
7,418
7,402
6,115
7,634
7,6346,1157,4027,4188,5488,6058,8046,4095,7847,3917,4047,0467,1887,4654,0644,0893,6892,5581,8752,1481,6211,5821,5324,2462,527002520
> Total Liabilities 
1,533
288,093
196,712
196,712
401,482
405,757
229,858
231,535
231,143
227,170
227,194
216,699
221,397
220,721
212,535
212,598
518,336
513,934
686,920
601,156
583,934
573,206
565,327
512,431
509,840
487,669
456,587
420,162
397,090
397,090420,162456,587487,669509,840512,431565,327573,206583,934601,156686,920513,934518,336212,598212,535220,721221,397216,699227,194227,170231,143231,535229,858405,757401,482196,712196,712288,0931,533
   > Total Current Liabilities 
1,510
27,403
36,889
36,889
41,029
13,043
55,834
67,102
58,718
31,805
71,775
65,856
71,087
44,202
64,062
74,393
132,815
48,218
142,878
149,409
160,889
45,578
99,300
132,270
155,402
177,948
164,917
147,682
142,525
142,525147,682164,917177,948155,402132,27099,30045,578160,889149,409142,87848,218132,81574,39364,06244,20271,08765,85671,77531,80558,71867,10255,83413,04341,02936,88936,88927,4031,510
       Short-term Debt 
0
0
0
0
0
34,905
4,385
5,133
5,975
6,565
6,623
6,679
6,736
7,512
7,698
7,760
7,787
7,795
7,855
7,922
7,990
8,059
8,130
8,199
8,390
8,462
8,535
8,607
8,680
8,6808,6078,5358,4628,3908,1998,1308,0597,9907,9227,8557,7957,7877,7607,6987,5126,7366,6796,6236,5655,9755,1334,38534,90500000
       Short Long Term Debt 
0
0
0
0
0
0
4,385
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000004,385000000
       Accounts payable 
1,152
1,140
105
105
331
126
1,200
540
258
278
4,039
4,760
1,370
3,004
5,310
11,942
2,341
4,749
6,752
4,646
4,546
4,189
3,126
4,667
4,679
3,775
4,586
4,375
5,017
5,0174,3754,5863,7754,6794,6673,1264,1894,5464,6466,7524,7492,34111,9425,3103,0041,3704,7604,0392782585401,2001263311051051,1401,152
       Other Current Liabilities 
358
7,285
30,552
30,552
6,735
12,917
11,723
20,558
22,958
-5,203
29,024
21,678
36,385
9,800
28,354
29,274
28,004
-55,129
32,660
29,847
28,669
-14,901
26,271
50,854
61,772
82,736
78,444
70,739
73,401
73,40170,73978,44482,73661,77250,85426,271-14,90128,66929,84732,660-55,12928,00429,27428,3549,80036,38521,67829,024-5,20322,95820,55811,72312,9176,73530,55230,5527,285358
   > Long-term Liabilities 
0
260,690
0
0
360,453
392,714
174,024
164,433
172,425
195,365
155,419
150,843
150,310
176,519
148,473
138,205
385,521
465,716
544,042
451,747
423,045
527,628
466,027
380,161
354,438
309,721
291,670
272,480
254,565
254,565272,480291,670309,721354,438380,161466,027527,628423,045451,747544,042465,716385,521138,205148,473176,519150,310150,843155,419195,365172,425164,433174,024392,714360,45300260,6900
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
-34,905
43,439
42,797
42,141
41,471
40,785
40,029
39,257
43,744
42,822
41,839
40,834
39,806
38,751
37,615
36,455
35,268
34,050
32,745
31,843
30,456
29,022
27,506
-8,680
-8,68027,50629,02230,45631,84332,74534,05035,26836,45537,61538,75139,80640,83441,83942,82243,74439,25740,02940,78541,47142,14142,79743,439-34,90500000
       Long-term Liabilities Other 
0
0
0
0
0
0
96
409
409
493
493
493
150,310
152,633
148,473
158
385,521
374,379
544,042
451,747
423,045
759
466,027
898
898
1,373
1,373
1,234
0
01,2341,3731,373898898466,027759423,045451,747544,042374,379385,521158148,473152,633150,31049349349340940996000000
       Deferred Long Term Liability 
0
0
100
100
1,000
2,700
0
0
0
600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000006000002,7001,00010010000
> Total Stockholder Equity
52,578
-52,033
-52,033
-69,398
-82,783
-97,398
266,186
245,716
218,587
194,743
391,734
355,331
310,191
267,530
227,829
184,515
335,890
300,724
267,537
288,516
253,104
214,442
183,015
196,306
162,555
134,158
178,907
150,567
118,933
118,933150,567178,907134,158162,555196,306183,015214,442253,104288,516267,537300,724335,890184,515227,829267,530310,191355,331391,734194,743218,587245,716266,186-97,398-82,783-69,398-52,033-52,03352,578
   Common Stock
0
1
1
1
1
1
7
7
7
7
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
9
9
9
99988888888888888887777111110
   Retained Earnings Total Equity000000-625,5440-527,259-481,111-490,994-446,377-390,769-517,366-462,219-410,048-357,869-305,165-259,839-219,820-189,293-157,555-132,995000000
   Accumulated Other Comprehensive Income 
0
-980
0
0
-140
-42
108
441
226
142
2,782
1,846
1,094
614
410
203
-41
-943
-3,935
-6,224
-6,742
-4,575
-2,199
-1,386
-721
184
-403
-620
931
931-620-403184-721-1,386-2,199-4,575-6,742-6,224-3,935-943-412034106141,0941,8462,782142226441108-42-14000-9800
   Capital Surplus 
0
0
0
0
0
17,078
399,066
402,823
407,647
414,414
648,783
658,642
666,958
676,956
689,630
701,670
726,692
748,036
762,458
775,843
787,097
0
810,750
0
0
0
0
0
0
000000810,7500787,097775,843762,458748,036726,692701,670689,630676,956666,958658,642648,783414,414407,647402,823399,06617,07800000
   Treasury Stock00000000000000000000000000000
   Other Stockholders Equity 
0
11,133
-92
-92
14,418
17,078
-96,978
-74,428
-42,083
414,414
648,783
658,642
666,958
676,956
689,630
701,670
726,692
748,036
762,458
775,843
787,097
798,696
810,750
821,853
831,912
844,044
925,458
936,011
945,046
945,046936,011925,458844,044831,912821,853810,750798,696787,097775,843762,458748,036726,692701,670689,630676,956666,958658,642648,783414,414-42,083-74,428-96,97817,07814,418-92-9211,1330



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue97,062
Cost of Revenue-8,848
Gross Profit88,21488,214
 
Operating Income (+$)
Gross Profit88,214
Operating Expense-248,802
Operating Income-151,740-160,588
 
Operating Expense (+$)
Research Development192,115
Selling General Administrative56,687
Selling And Marketing Expenses0
Operating Expense248,802248,802
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-151,740
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-125,179-178,301
EBIT - interestExpense = -151,740
-125,179
-130,391
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-151,740-125,179
Earnings Before Interest and Taxes (EBITDA)-142,892
 
After tax Income (+$)
Income Before Tax-125,179
Tax Provision-4,267
Net Income From Continuing Ops-141,385-129,446
Net Income-130,391
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses248,802
Total Other Income/Expenses Net26,5610
 

Technical Analysis of Alector
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Alector. The general trend of Alector is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Alector's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Alector Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 4.11 < 4.195 < 4.505.

The bearish price targets are: .

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Alector Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Alector Inc. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Alector Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Alector Inc. The current macd is -0.61924683.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Alector price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Alector. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Alector price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Alector Inc Daily Moving Average Convergence/Divergence (MACD) ChartAlector Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Alector Inc. The current adx is 29.50.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Alector shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Alector Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Alector Inc. The current sar is 4.14926731.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Alector Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Alector Inc. The current rsi is 27.05. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Alector Inc Daily Relative Strength Index (RSI) ChartAlector Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Alector Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Alector price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Alector Inc Daily Stochastic Oscillator ChartAlector Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Alector Inc. The current cci is -118.02424103.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Alector Inc Daily Commodity Channel Index (CCI) ChartAlector Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Alector Inc. The current cmo is -56.3088296.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Alector Inc Daily Chande Momentum Oscillator (CMO) ChartAlector Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Alector Inc. The current willr is -94.70468432.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Alector Inc Daily Williams %R ChartAlector Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Alector Inc.

Alector Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Alector Inc. The current atr is 0.42095031.

Alector Inc Daily Average True Range (ATR) ChartAlector Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Alector Inc. The current obv is 13,910,478.

Alector Inc Daily On-Balance Volume (OBV) ChartAlector Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Alector Inc. The current mfi is 27.60.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Alector Inc Daily Money Flow Index (MFI) ChartAlector Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Alector Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-08-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-08-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-08-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-13STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-09-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-09-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-03STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-11-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-11-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-11-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-29STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Alector Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Alector Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.054
Ma 20Greater thanMa 504.289
Ma 50Greater thanMa 1004.618
Ma 100Greater thanMa 2005.068
OpenGreater thanClose2.570
Total1/5 (20.0%)
Penke
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