ALLT Stock | | | USD 4.39 0.54 14.03% |
Allot Communications financial indicator trend analysis is way more than just evaluating Allot Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allot Communications is a good investment. Please check the relationship between Allot Communications Gross Profit and its Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Allot Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Allot Stock please use our
How to Invest in Allot Communications guide.
Gross Profit vs Interest Income
Gross Profit vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Allot Communications Gross Profit account and
Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Allot Communications' Gross Profit and Interest Income is -0.51. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income in the same time period over historical financial statements of Allot Communications, assuming nothing else is changed. The correlation between historical values of Allot Communications' Gross Profit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Allot Communications are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., Allot Communications' Gross Profit and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Allot Communications minus its cost of goods sold. It is profit before Allot Communications operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Allot Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allot Communications 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 Allot Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Allot Stock please use our
How to Invest in Allot Communications guide.At this time, Allot Communications'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 1.5
M in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(1.53).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 101.0M | 82.9M | 52.7M | 54.0M | Total Revenue | 145.6M | 122.7M | 93.2M | 78.7M |
Allot Communications fundamental ratios Correlations
Click cells to compare fundamentals
Allot Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allot Communications fundamental ratios Accounts
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Additional Tools for Allot Stock Analysis
When running Allot Communications' price analysis, check to
measure Allot Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allot Communications is operating at the current time. Most of Allot Communications' value examination focuses on studying past and present price action to
predict the probability of Allot Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allot Communications' price. Additionally, you may evaluate how the addition of Allot Communications to your portfolios can decrease your overall portfolio volatility.