Alpha Cash Per Share vs Book Value Per Share Analysis
| ALSAW Stock | USD 0.01 0.00 0.00% |
Alpha Star financial indicator trend analysis is way more than just evaluating Alpha Star Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Star Acquisition is a good investment. Please check the relationship between Alpha Star Cash Per Share and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cash Per Share vs Book Value Per Share
Cash Per Share vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Star Acquisition Cash Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alpha Star's Cash Per Share and Book Value Per Share is -0.15. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Alpha Star Acquisition, assuming nothing else is changed. The correlation between historical values of Alpha Star's Cash Per Share 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 Cash Per Share of Alpha Star Acquisition 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 Cash Per Share i.e., Alpha Star's Cash Per Share and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.15 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash 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 Alpha Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Star Acquisition 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Enterprise Value Over EBITDA is likely to drop to 30.51 in 2024. Enterprise Value Multiple is likely to drop to 30.51 in 2024
| 2010 | 2022 | 2024 (projected) | Other Operating Expenses | 53.3K | 587.6K | 450.4K | Interest Expense | 105.8K | 2.1M | 100.5K |
Alpha Star fundamental ratios Correlations
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Alpha Star Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Alpha Star's price analysis, check to measure Alpha Star's 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 Alpha Star is operating at the current time. Most of Alpha Star's value examination focuses on studying past and present price action to predict the probability of Alpha Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Star's price. Additionally, you may evaluate how the addition of Alpha Star to your portfolios can decrease your overall portfolio volatility.