Alternus End Period Cash Flow vs Free Cash Flow Yield Analysis
| ALCE Stock | 1.36 0.07 4.90% |
Alternus Energy financial indicator trend analysis is way more than just evaluating Alternus Energy Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alternus Energy Group is a good investment. Please check the relationship between Alternus Energy End Period Cash Flow and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alternus Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
End Period Cash Flow vs Free Cash Flow Yield
End Period Cash Flow vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alternus Energy Group End Period Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Alternus Energy's End Period Cash Flow and Free Cash Flow Yield is -0.87. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Alternus Energy Group, assuming nothing else is changed. The correlation between historical values of Alternus Energy's End Period Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Alternus Energy Group are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of End Period Cash Flow i.e., Alternus Energy's End Period Cash Flow and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
End Period Cash Flow
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.Most indicators from Alternus Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alternus Energy Group 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 Alternus Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of November 25, 2024, Tax Provision is expected to decline to about 14.2 K. In addition to that, Selling General Administrative is expected to decline to about 11 M
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 16.9M | 17.4M | 18.6M | 19.4M | Depreciation And Amortization | 5.4M | 3.7M | 3.7M | 3.4M |
Alternus Energy fundamental ratios Correlations
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Alternus Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Alternus Energy Group is a strong investment it is important to analyze Alternus Energy'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 Alternus Energy's future performance. For an informed investment choice regarding Alternus Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alternus Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Independent Power and Renewable Electricity Producers 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 Alternus Energy. If investors know Alternus 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 Alternus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (24.81) | Revenue Per Share 1.133 | Quarterly Revenue Growth (0.11) | Return On Assets (0.06) |
The market value of Alternus Energy Group is measured differently than its book value, which is the value of Alternus that is recorded on the company's balance sheet. Investors also form their own opinion of Alternus Energy's value that differs from its market value or its book value, called intrinsic value, which is Alternus Energy'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 Alternus Energy's market value can be influenced by many factors that don't directly affect Alternus Energy'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 Alternus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alternus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alternus Energy'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.