Alpha Return On Tangible Assets from 2010 to 2024
| ALSA Stock | USD 11.90 0.07 0.59% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.04846402 | Current Value 0.0509 | Quarterly Volatility 0.01755317 |
Check Alpha Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Star's main balance sheet or income statement drivers, such as Depreciation And Amortization of 617 K, Interest Expense of 100.5 K or Other Operating Expenses of 450.4 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.14. Alpha financial statements analysis is a perfect complement when working with Alpha Star Valuation or Volatility modules.
Alpha |
Latest Alpha Star's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Alpha Star Acquisition over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Alpha Star's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alpha Star's overall financial position and show how it may be relating to other accounts over time.
| Return On Tangible Assets | 10 Years Trend |
|
Return On Tangible Assets |
| Timeline |
Alpha Return On Tangible Assets Regression Statistics
| Arithmetic Mean | 0.01 | |
| Geometric Mean | 0 | |
| Coefficient Of Variation | 265.00 | |
| Mean Deviation | 0.01 | |
| Median | (0.0005) | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0003 | |
| Range | 0.0514 | |
| R-Value | 0.62 | |
| Mean Square Error | 0.0002 | |
| R-Squared | 0.39 | |
| Significance | 0.01 | |
| Slope | 0 | |
| Total Sum of Squares | 0 |
Alpha Return On Tangible Assets History
About Alpha Star Financial Statements
Alpha Star stakeholders use historical fundamental indicators, such as Alpha Star's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Alpha Star investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alpha Star's assets and liabilities are reflected in the revenues and expenses on Alpha Star's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alpha Star Acquisition. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Alpha Star Acquisition is a strong investment it is important to analyze Alpha Star's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alpha Star's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:Check out the analysis of Alpha Star Correlation against competitors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Asset Management & Custody Banks 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 Alpha Star. If investors know Alpha 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 Alpha Star 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 (0.09) | Earnings Share (1.08) | Return On Assets (0) |
The market value of Alpha Star Acquisition is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Star's value that differs from its market value or its book value, called intrinsic value, which is Alpha Star'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 Alpha Star's market value can be influenced by many factors that don't directly affect Alpha Star'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 Alpha Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Star'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.