Alamos Dividend Yield vs Capex To Revenue Analysis

AGI Stock  CAD 25.83  0.28  1.10%   
Alamos Gold financial indicator trend analysis is way more than just evaluating Alamos Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alamos Gold is a good investment. Please check the relationship between Alamos Gold Dividend Yield and its Capex To Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.

Dividend Yield vs Capex To Revenue

Dividend Yield vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alamos Gold Dividend Yield account and Capex To Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Alamos Gold's Dividend Yield and Capex To Revenue is 0.1. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Alamos Gold, assuming nothing else is changed. The correlation between historical values of Alamos Gold's Dividend Yield and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Alamos Gold are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Dividend Yield i.e., Alamos Gold's Dividend Yield and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Alamos Gold dividend as a percentage of Alamos Gold stock price. Alamos Gold dividend yield is a measure of Alamos Gold stock productivity, which can be interpreted as interest rate earned on an Alamos Gold investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Alamos Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alamos Gold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.At this time, Alamos Gold's Selling General Administrative is very stable compared to the past year. As of the 27th of November 2024, Tax Provision is likely to grow to about 87.9 M, while Issuance Of Capital Stock is likely to drop 0.00.

Alamos Gold fundamental ratios Correlations

0.540.931.01.0-0.3-0.87-0.181.00.52-0.20.850.990.980.940.960.930.650.93-0.620.710.970.96-0.01-0.56-0.5
0.540.80.50.52-0.44-0.16-0.140.510.03-0.130.440.490.50.60.610.720.570.25-0.390.080.660.550.04-0.13-0.31
0.930.80.90.92-0.33-0.7-0.220.910.37-0.240.810.910.890.90.950.970.680.76-0.580.540.970.930.01-0.47-0.5
1.00.50.90.99-0.35-0.86-0.160.990.5-0.170.820.990.980.950.930.910.650.94-0.640.690.950.93-0.01-0.54-0.48
1.00.520.920.99-0.3-0.88-0.251.00.53-0.270.830.990.980.950.960.930.590.94-0.670.710.970.95-0.01-0.57-0.56
-0.3-0.44-0.33-0.35-0.3-0.05-0.05-0.29-0.04-0.160.08-0.24-0.4-0.39-0.14-0.32-0.31-0.180.450.23-0.29-0.1-0.18-0.320.04
-0.87-0.16-0.7-0.86-0.88-0.050.29-0.89-0.730.32-0.84-0.91-0.82-0.73-0.87-0.72-0.38-0.950.5-0.9-0.8-0.90.070.60.56
-0.18-0.14-0.22-0.16-0.25-0.050.29-0.25-0.290.980.02-0.23-0.16-0.15-0.22-0.30.54-0.180.67-0.29-0.24-0.22-0.160.160.79
1.00.510.910.991.0-0.29-0.89-0.250.54-0.260.840.990.970.940.960.930.590.94-0.660.720.970.96-0.01-0.57-0.55
0.520.030.370.50.53-0.04-0.73-0.290.54-0.270.450.580.450.390.540.390.130.63-0.320.710.420.580.05-0.19-0.51
-0.2-0.13-0.24-0.17-0.27-0.160.320.98-0.26-0.27-0.05-0.25-0.17-0.16-0.25-0.320.53-0.20.67-0.33-0.27-0.25-0.050.310.83
0.850.440.810.820.830.08-0.840.020.840.45-0.050.870.770.720.90.760.70.8-0.240.710.840.91-0.08-0.57-0.29
0.990.490.910.990.99-0.24-0.91-0.230.990.58-0.250.870.960.910.960.910.60.95-0.620.770.960.96-0.02-0.58-0.53
0.980.50.890.980.98-0.4-0.82-0.160.970.45-0.170.770.960.950.910.90.620.91-0.640.620.950.90.05-0.49-0.47
0.940.60.90.950.95-0.39-0.73-0.150.940.39-0.160.720.910.950.90.920.640.84-0.670.540.940.88-0.04-0.56-0.52
0.960.610.950.930.96-0.14-0.87-0.220.960.54-0.250.90.960.910.90.940.650.88-0.530.730.971.0-0.03-0.56-0.53
0.930.720.970.910.93-0.32-0.72-0.30.930.39-0.320.760.910.90.920.940.60.79-0.660.550.980.920.01-0.51-0.56
0.650.570.680.650.59-0.31-0.380.540.590.130.530.70.60.620.640.650.60.490.040.270.640.63-0.03-0.210.22
0.930.250.760.940.94-0.18-0.95-0.180.940.63-0.20.80.950.910.840.880.790.49-0.580.80.860.89-0.05-0.56-0.51
-0.62-0.39-0.58-0.64-0.670.450.50.67-0.66-0.320.67-0.24-0.62-0.64-0.67-0.53-0.660.04-0.58-0.37-0.63-0.510.090.470.83
0.710.080.540.690.710.23-0.9-0.290.720.71-0.330.710.770.620.540.730.550.270.8-0.370.60.76-0.15-0.59-0.49
0.970.660.970.950.97-0.29-0.8-0.240.970.42-0.270.840.960.950.940.970.980.640.86-0.630.60.950.0-0.54-0.54
0.960.550.930.930.95-0.1-0.9-0.220.960.58-0.250.910.960.90.881.00.920.630.89-0.510.760.95-0.04-0.57-0.53
-0.010.040.01-0.01-0.01-0.180.07-0.16-0.010.05-0.05-0.08-0.020.05-0.04-0.030.01-0.03-0.050.09-0.150.0-0.040.540.21
-0.56-0.13-0.47-0.54-0.57-0.320.60.16-0.57-0.190.31-0.57-0.58-0.49-0.56-0.56-0.51-0.21-0.560.47-0.59-0.54-0.570.540.54
-0.5-0.31-0.5-0.48-0.560.040.560.79-0.55-0.510.83-0.29-0.53-0.47-0.52-0.53-0.560.22-0.510.83-0.49-0.54-0.530.210.54
Click cells to compare fundamentals

Alamos Gold Account Relationship Matchups

Alamos Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.6B3.6B3.7B4.0B4.2B
Other Current Liab8.2M28.7M19.4M33.9M80.1M84.1M
Total Current Liabilities127.3M146.9M157.4M181.9M247.9M260.3M
Total Stockholder Equity2.7B2.9B2.7B2.7B2.9B3.1B
Property Plant And Equipment Net2.9B3.1B3.1B3.2B3.4B3.5B
Net Debt(182M)(220M)(172.1M)(129.4M)(224.1M)(212.9M)
Retained Earnings(1.1B)(958.1M)(1.0B)(1.0B)(876.8M)(833.0M)
Cash182.8M220.5M172.5M129.8M224.8M154.1M
Non Current Assets Total3.0B3.2B3.2B3.2B3.4B3.6B
Non Currrent Assets Other68.8M61.8M53.6M59.4M46.1M26.7M
Cash And Short Term Investments205.6M264.2M196.4M148.4M237.8M172.7M
Net Receivables42M34.7M39.8M37.2M53.4M56.1M
Common Stock Total Equity3.7B3.7B3.7B3.7B4.3B4.5B
Common Stock Shares Outstanding393.4M394.9M392.6M394.5M398.1M418.0M
Liabilities And Stockholders Equity3.4B3.6B3.6B3.7B4.0B4.2B
Other Current Assets19.8M26M24.2M21.2M23.6M24.8M
Total Liab701.2M785M885.9M953.1M1.1B1.1B
Property Plant And Equipment Gross2.9B3.1B4.9B5.1B5.5B5.7B
Total Current Assets394.3M473.4M459.4M441M586M615.3M
Common Stock3.7B3.7B3.7B3.7B3.7B2.4B
Short Long Term Debt Total2.6M800K500K400K700K665K
Accounts Payable118.3M117.7M137.6M147.6M167.8M176.2M
Other Stockholder Equity91.2M90.7M88.5M89.5M88.6M119.8M
Accumulated Other Comprehensive Income(200K)18.2M1.9M(24.8M)(26.9M)(25.6M)
Short Term Debt2.6M800K500K400K360K342K
Other Assets68.8M61.8M53.6M59.4M53.5M70.1M
Short Term Investments22.8M43.7M23.9M18.6M13M18.7M
Inventory126.9M148.5M199M234.2M271.2M284.8M
Other Liab573.9M635.7M726.7M770M885.5M553.5M
Net Tangible Assets2.7B2.9B2.7B2.7B3.1B2.5B
Property Plant Equipment2.9B3.1B3.1B3.2B3.6B2.7B
Capital Surpluse89.5M87.3M90.7M88.5M104.3M93.0M
Non Current Liabilities Other3.1M3M2.5M2.2M2M2.3M
Cash And Equivalents182.8M220.5M172.5M129.8M116.8M156.0M

Pair Trading with Alamos Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alamos Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alamos Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alamos Stock

  0.73AG First Majestic SilverPairCorr
  0.65ORE Orezone Gold CorpPairCorr

Moving against Alamos Stock

  0.52BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alamos Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alamos Gold to buy it.
The correlation of Alamos Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alamos Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Alamos Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alamos Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alamos Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alamos Gold Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold'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.