Alamos Free Cash Flow Yield vs Book Value Per Share Analysis

AGI Stock

CAD 26.41 0.06 0.23%

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 Free Cash Flow Yield and its Book Value Per Share 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.

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alamos Gold Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have no relationship.

The correlation between Alamos Gold's Free Cash Flow Yield and Book Value Per Share is 0.03. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share 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 Free Cash Flow Yield and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Alamos Gold are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., Alamos Gold's Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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 22nd 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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Accounts Payable	Non Current Liabilities Total	Other Stockholder Equity	Short Term Debt	Other Assets
Total Assets		0.54	0.93	1.0	1.0	-0.3	-0.87	-0.18	1.0	0.52	-0.2	0.85	0.99	0.98	0.94	0.96	0.93	0.65	0.93	-0.62	0.71	0.97	0.96	-0.01	-0.56	-0.5
Other Current Liab	0.54		0.8	0.5	0.52	-0.44	-0.16	-0.14	0.51	0.03	-0.13	0.44	0.49	0.5	0.6	0.61	0.72	0.57	0.25	-0.39	0.08	0.66	0.55	0.04	-0.13	-0.31
Total Current Liabilities	0.93	0.8		0.9	0.92	-0.33	-0.7	-0.22	0.91	0.37	-0.24	0.81	0.91	0.89	0.9	0.95	0.97	0.68	0.76	-0.58	0.54	0.97	0.93	0.01	-0.47	-0.5
Total Stockholder Equity	1.0	0.5	0.9		0.99	-0.35	-0.86	-0.16	0.99	0.5	-0.17	0.82	0.99	0.98	0.95	0.93	0.91	0.65	0.94	-0.64	0.69	0.95	0.93	-0.01	-0.54	-0.48
Property Plant And Equipment Net	1.0	0.52	0.92	0.99		-0.3	-0.88	-0.25	1.0	0.53	-0.27	0.83	0.99	0.98	0.95	0.96	0.93	0.59	0.94	-0.67	0.71	0.97	0.95	-0.01	-0.57	-0.56
Net Debt	-0.3	-0.44	-0.33	-0.35	-0.3		-0.05	-0.05	-0.29	-0.04	-0.16	0.08	-0.24	-0.4	-0.39	-0.14	-0.32	-0.31	-0.18	0.45	0.23	-0.29	-0.1	-0.18	-0.32	0.04
Retained Earnings	-0.87	-0.16	-0.7	-0.86	-0.88	-0.05		0.29	-0.89	-0.73	0.32	-0.84	-0.91	-0.82	-0.73	-0.87	-0.72	-0.38	-0.95	0.5	-0.9	-0.8	-0.9	0.07	0.6	0.56
Cash	-0.18	-0.14	-0.22	-0.16	-0.25	-0.05	0.29		-0.25	-0.29	0.98	0.02	-0.23	-0.16	-0.15	-0.22	-0.3	0.54	-0.18	0.67	-0.29	-0.24	-0.22	-0.16	0.16	0.79
Non Current Assets Total	1.0	0.51	0.91	0.99	1.0	-0.29	-0.89	-0.25		0.54	-0.26	0.84	0.99	0.97	0.94	0.96	0.93	0.59	0.94	-0.66	0.72	0.97	0.96	-0.01	-0.57	-0.55
Non Currrent Assets Other	0.52	0.03	0.37	0.5	0.53	-0.04	-0.73	-0.29	0.54		-0.27	0.45	0.58	0.45	0.39	0.54	0.39	0.13	0.63	-0.32	0.71	0.42	0.58	0.05	-0.19	-0.51
Cash And Short Term Investments	-0.2	-0.13	-0.24	-0.17	-0.27	-0.16	0.32	0.98	-0.26	-0.27		-0.05	-0.25	-0.17	-0.16	-0.25	-0.32	0.53	-0.2	0.67	-0.33	-0.27	-0.25	-0.05	0.31	0.83
Net Receivables	0.85	0.44	0.81	0.82	0.83	0.08	-0.84	0.02	0.84	0.45	-0.05		0.87	0.77	0.72	0.9	0.76	0.7	0.8	-0.24	0.71	0.84	0.91	-0.08	-0.57	-0.29
Common Stock Total Equity	0.99	0.49	0.91	0.99	0.99	-0.24	-0.91	-0.23	0.99	0.58	-0.25	0.87		0.96	0.91	0.96	0.91	0.6	0.95	-0.62	0.77	0.96	0.96	-0.02	-0.58	-0.53
Common Stock Shares Outstanding	0.98	0.5	0.89	0.98	0.98	-0.4	-0.82	-0.16	0.97	0.45	-0.17	0.77	0.96		0.95	0.91	0.9	0.62	0.91	-0.64	0.62	0.95	0.9	0.05	-0.49	-0.47
Other Current Assets	0.94	0.6	0.9	0.95	0.95	-0.39	-0.73	-0.15	0.94	0.39	-0.16	0.72	0.91	0.95		0.9	0.92	0.64	0.84	-0.67	0.54	0.94	0.88	-0.04	-0.56	-0.52
Total Liab	0.96	0.61	0.95	0.93	0.96	-0.14	-0.87	-0.22	0.96	0.54	-0.25	0.9	0.96	0.91	0.9		0.94	0.65	0.88	-0.53	0.73	0.97	1.0	-0.03	-0.56	-0.53
Property Plant And Equipment Gross	0.93	0.72	0.97	0.91	0.93	-0.32	-0.72	-0.3	0.93	0.39	-0.32	0.76	0.91	0.9	0.92	0.94		0.6	0.79	-0.66	0.55	0.98	0.92	0.01	-0.51	-0.56
Total Current Assets	0.65	0.57	0.68	0.65	0.59	-0.31	-0.38	0.54	0.59	0.13	0.53	0.7	0.6	0.62	0.64	0.65	0.6		0.49	0.04	0.27	0.64	0.63	-0.03	-0.21	0.22
Common Stock	0.93	0.25	0.76	0.94	0.94	-0.18	-0.95	-0.18	0.94	0.63	-0.2	0.8	0.95	0.91	0.84	0.88	0.79	0.49		-0.58	0.8	0.86	0.89	-0.05	-0.56	-0.51
Short Long Term Debt Total	-0.62	-0.39	-0.58	-0.64	-0.67	0.45	0.5	0.67	-0.66	-0.32	0.67	-0.24	-0.62	-0.64	-0.67	-0.53	-0.66	0.04	-0.58		-0.37	-0.63	-0.51	0.09	0.47	0.83
Current Deferred Revenue	0.71	0.08	0.54	0.69	0.71	0.23	-0.9	-0.29	0.72	0.71	-0.33	0.71	0.77	0.62	0.54	0.73	0.55	0.27	0.8	-0.37		0.6	0.76	-0.15	-0.59	-0.49
Accounts Payable	0.97	0.66	0.97	0.95	0.97	-0.29	-0.8	-0.24	0.97	0.42	-0.27	0.84	0.96	0.95	0.94	0.97	0.98	0.64	0.86	-0.63	0.6		0.95	0.0	-0.54	-0.54
Non Current Liabilities Total	0.96	0.55	0.93	0.93	0.95	-0.1	-0.9	-0.22	0.96	0.58	-0.25	0.91	0.96	0.9	0.88	1.0	0.92	0.63	0.89	-0.51	0.76	0.95		-0.04	-0.57	-0.53
Other Stockholder Equity	-0.01	0.04	0.01	-0.01	-0.01	-0.18	0.07	-0.16	-0.01	0.05	-0.05	-0.08	-0.02	0.05	-0.04	-0.03	0.01	-0.03	-0.05	0.09	-0.15	0.0	-0.04		0.54	0.21
Short Term Debt	-0.56	-0.13	-0.47	-0.54	-0.57	-0.32	0.6	0.16	-0.57	-0.19	0.31	-0.57	-0.58	-0.49	-0.56	-0.56	-0.51	-0.21	-0.56	0.47	-0.59	-0.54	-0.57	0.54		0.54
Other Assets	-0.5	-0.31	-0.5	-0.48	-0.56	0.04	0.56	0.79	-0.55	-0.51	0.83	-0.29	-0.53	-0.47	-0.52	-0.53	-0.56	0.22	-0.51	0.83	-0.49	-0.54	-0.53	0.21	0.54

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Alamos Gold Account Relationship Matchups

Alamos Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4B	3.6B	3.6B	3.7B	4.0B	4.2B
Other Current Liab	8.2M	28.7M	19.4M	33.9M	80.1M	84.1M
Total Current Liabilities	127.3M	146.9M	157.4M	181.9M	247.9M	260.3M
Total Stockholder Equity	2.7B	2.9B	2.7B	2.7B	2.9B	3.1B
Property Plant And Equipment Net	2.9B	3.1B	3.1B	3.2B	3.4B	3.5B
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)
Cash	182.8M	220.5M	172.5M	129.8M	224.8M	154.1M
Non Current Assets Total	3.0B	3.2B	3.2B	3.2B	3.4B	3.6B
Non Currrent Assets Other	68.8M	61.8M	53.6M	59.4M	46.1M	26.7M
Cash And Short Term Investments	205.6M	264.2M	196.4M	148.4M	237.8M	172.7M
Net Receivables	42M	34.7M	39.8M	37.2M	53.4M	56.1M
Common Stock Total Equity	3.7B	3.7B	3.7B	3.7B	4.3B	4.5B
Common Stock Shares Outstanding	393.4M	394.9M	392.6M	394.5M	398.1M	418.0M
Liabilities And Stockholders Equity	3.4B	3.6B	3.6B	3.7B	4.0B	4.2B
Other Current Assets	19.8M	26M	24.2M	21.2M	23.6M	24.8M
Total Liab	701.2M	785M	885.9M	953.1M	1.1B	1.1B
Property Plant And Equipment Gross	2.9B	3.1B	4.9B	5.1B	5.5B	5.7B
Total Current Assets	394.3M	473.4M	459.4M	441M	586M	615.3M
Common Stock	3.7B	3.7B	3.7B	3.7B	3.7B	2.4B
Short Long Term Debt Total	2.6M	800K	500K	400K	700K	665K
Accounts Payable	118.3M	117.7M	137.6M	147.6M	167.8M	176.2M
Other Stockholder Equity	91.2M	90.7M	88.5M	89.5M	88.6M	119.8M
Accumulated Other Comprehensive Income	(200K)	18.2M	1.9M	(24.8M)	(26.9M)	(25.6M)
Short Term Debt	2.6M	800K	500K	400K	360K	342K
Other Assets	68.8M	61.8M	53.6M	59.4M	53.5M	70.1M
Short Term Investments	22.8M	43.7M	23.9M	18.6M	13M	18.7M
Inventory	126.9M	148.5M	199M	234.2M	271.2M	284.8M
Other Liab	573.9M	635.7M	726.7M	770M	885.5M	553.5M
Net Tangible Assets	2.7B	2.9B	2.7B	2.7B	3.1B	2.5B
Property Plant Equipment	2.9B	3.1B	3.1B	3.2B	3.6B	2.7B
Capital Surpluse	89.5M	87.3M	90.7M	88.5M	104.3M	93.0M
Non Current Liabilities Other	3.1M	3M	2.5M	2.2M	2M	2.3M
Cash And Equivalents	182.8M	220.5M	172.5M	129.8M	116.8M	156.0M

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

0.73

First Majestic Silver

Pair Corr

Moving against Alamos Stock

0.5

BRK

Berkshire Hathaway CDR

Pair Corr

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 Correlation Correlation 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:

How To Invest In Alamos

Details

Is Alamos Stock a good investment?

Details

What is Alamos Gold's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.

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Alamos Free Cash Flow Yield vs Book Value Per Share Analysis

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Book Value Per Share

Alamos Gold fundamental ratios Correlations

Alamos Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alamos Gold fundamental ratios Accounts

Pair Trading with Alamos Gold

Moving together with Alamos Stock

Moving against Alamos Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Total Liab
Common Stock Total Equity	+ 0.99	Total Assets

Common Stock	- 0.95	Retained Earnings
Common Stock Total Equity	- 0.91	Retained Earnings
Non Current Liabilities Total	- 0.9	Retained Earnings
Current Deferred Revenue	- 0.9	Retained Earnings
Non Current Assets Total	- 0.89	Retained Earnings
Retained Earnings	- 0.88	Property Plant And Equipment Net