Align Technology, Inc. (ALGN)

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Align Technology, Inc. (ALGN) is up 11.3% since the beginning of the year. At $174 per share, ALGN is trading 16.6% below its 52-week high of $208. Investors who bought $1,000 worth of ALGN shares 5 years ago would now be looking at an investment worth $287.

Align Technology, Inc. (ALGN) has returned 11.28% so far this year and -4.42% over the past 12 months. Over the last ten years, ALGN has returned 8.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 30, 2001, ALGN's average daily return is +0.11%, while the average monthly return is +2.30%. At this rate, an investment would double in approximately 2.5 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2002 with a return of +102.8%, while the worst month was Sep 2001 at -67.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ALGN closed higher 50% of trading days. The best single day was Sep 28, 2006 with a return of +48.2%, while the worst single day was Jul 10, 2002 at -38.3%.

Align Technology, Inc. has an annualized alpha of 16.98%, beta of 1.27, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since January 30, 2001.

• This stock captured 221.33% of S&P 500 Index gains and 165.85% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• R2 of 0.17 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ALGN ranks 39 for risk / return — below 39% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Align Technology, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Align Technology, Inc. was 92.83%, occurring on Nov 13, 2002. Recovery took 263 trading sessions.

The current Align Technology, Inc. drawdown is 76.19%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Align Technology, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Align Technology, Inc. is priced in the market compared to other companies in the Medical Devices industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.