Alta Competitors
| MMA Stock | 0.75 0.10 11.76% |
Alta Global vs Ark Restaurants Correlation
Very weak diversification
The correlation between Alta Global Group and ARKR is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alta Global Group and ARKR in the same portfolio, assuming nothing else is changed.
Moving together with Alta Stock
Moving against Alta Stock
| 0.86 | CHCT | Community Healthcare | PairCorr |
| 0.77 | SFD | Smithfield Foods Common | PairCorr |
| 0.7 | MQGPG | Macquarie Group | PairCorr |
| 0.7 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.54 | RFAI | RF Acquisition Corp | PairCorr |
Alta Global Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alta Global and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Alta and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Alta Global Group does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Alta Stock performing well and Alta Global Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Alta Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KMRK | 4.28 | 0.87 | 0.15 | 1.69 | 4.90 | 10.83 | 44.83 | |||
| MI | 2.19 | 0.00 | 0.02 | 0.05 | 3.20 | 6.50 | 23.69 | |||
| MOGU | 3.07 | (0.16) | 0.00 | (0.10) | 0.00 | 6.37 | 22.95 | |||
| MGIH | 4.05 | (0.06) | 0.00 | 0.31 | 0.00 | 9.93 | 42.24 | |||
| BGI | 2.33 | (0.30) | 0.00 | (1.06) | 0.00 | 3.41 | 27.29 | |||
| LGCB | 3.80 | (0.28) | 0.00 | (0.16) | 0.00 | 9.84 | 25.37 | |||
| JZXN | 5.28 | (3.24) | 0.00 | (1.99) | 0.00 | 5.78 | 65.44 | |||
| WKSP | 4.06 | (0.82) | 0.00 | (0.28) | 0.00 | 6.67 | 21.89 | |||
| JL | 3.09 | (0.35) | 0.00 | 0.46 | 0.00 | 6.73 | 37.00 | |||
| ARKR | 1.67 | 0.00 | 0.00 | 0.05 | 0.00 | 3.62 | 12.34 |
Cross Equities Net Income Analysis
Compare Alta Global Group and related stocks such as K Tech Solutions, NFT Limited, and MOGU Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KMRK | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 247.5 K | 928.5 K | 488 K | 561.2 K | 610.1 K |
| MI | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | 6.4 M | (1.1 M) | (7.6 M) | (4.1 M) | (612.6 K) | (30.1 M) | (10.4 M) | 5.2 M | 6.3 M | 5.7 M | 6 M |
| MOGU | (939.1 M) | (939.1 M) | (939.1 M) | (939.1 M) | (939.1 M) | (939.1 M) | (939.1 M) | (558.2 M) | (486.3 M) | (2.2 B) | (328 M) | (639.8 M) | (178 M) | (59.3 M) | (62.6 M) | (71.9 M) | (75.5 M) |
| MGIH | 4 M | 4 M | 4 M | 4 M | 4 M | 4 M | 4 M | 4 M | 4 M | 4 M | 3.7 M | 4.1 M | (354.1 K) | (8.8 M) | (6.3 M) | (5.7 M) | (5.4 M) |
| BGI | (3.9 M) | 218.5 K | 1.5 M | (6.4 M) | (10.9 M) | 7.1 M | 6.6 M | 11.4 M | (19.9 M) | (18.5 M) | (8.9 M) | (1.9 M) | (7.4 M) | (4.6 M) | (12.8 M) | (11.5 M) | (11 M) |
| LGCB | 751.7 K | 751.7 K | 751.7 K | 751.7 K | 751.7 K | 751.7 K | 751.7 K | 751.7 K | 751.7 K | 751.7 K | 751.7 K | 1.1 M | (652.7 K) | (652.7 K) | (439.3 K) | (395.4 K) | (375.6 K) |
| JZXN | 636.1 K | 636.1 K | 636.1 K | 636.1 K | 636.1 K | 636.1 K | 636.1 K | 636.1 K | 3.2 M | 3.5 M | 813.7 K | (16.8 M) | (9.4 M) | (59.1 M) | (59.1 M) | (53.2 M) | (50.6 M) |
| WKSP | (60.1 K) | (11.9 K) | (22.6 K) | (19.1 K) | (479.3 K) | (3.5 M) | (1.1 M) | (3.4 M) | (1.8 M) | (359 K) | (1.2 M) | (7.9 M) | (12.5 M) | (14.9 M) | (16.2 M) | (14.5 M) | (13.8 M) |
| JL | 290.5 K | 290.5 K | 290.5 K | 290.5 K | 290.5 K | 290.5 K | 290.5 K | 290.5 K | 290.5 K | 290.5 K | 290.5 K | 576 K | 849.1 K | 783.7 K | 2.6 M | 3 M | 3.1 M |
| ARKR | 900 K | 5.5 M | 3.8 M | 4.9 M | 5.4 M | 4 M | 4 M | 4.7 M | 2.7 M | (4.7 M) | 12.9 M | 9.3 M | (5.9 M) | (3.9 M) | (11.5 M) | (13.2 M) | (12.5 M) |
Alta Global Group and related stocks such as K Tech Solutions, NFT Limited, and MOGU Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Alta Global Group financial statement analysis. It represents the amount of money remaining after all of Alta Global Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Alta Global Competitive Analysis
The better you understand Alta Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alta Global's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Alta Global's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Alta Global Competition Performance Charts
Five steps to successful analysis of Alta Global Competition
Alta Global's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Alta Global Group in relation to its competition. Alta Global's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Alta Global in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Alta Global's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alta Global Group, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Alta Global Correlation with its peers. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Financial Services space 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 Alta Global. Expected growth trajectory for Alta significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Alta Global assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share (1.38) | Revenue Per Share | Quarterly Revenue Growth (0.77) | Return On Assets | Return On Equity |
Alta Global Group's market price often diverges from its book value, the accounting figure shown on Alta's balance sheet. Smart investors calculate Alta Global's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Alta Global's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Alta Global's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alta Global represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Alta Global'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.