Alpha Graham Net Net vs Ptb Ratio 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 Graham Net Net and its Ptb Ratio 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.
Graham Net Net vs Ptb Ratio
Graham Net Net vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Star Acquisition Graham Net Net account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alpha Star's Graham Net Net and Ptb Ratio is -0.37. Overlapping area represents the amount of variation of Graham Net Net that can explain the historical movement of Ptb Ratio 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 Graham Net Net and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Graham Net Net of Alpha Star Acquisition are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Graham Net Net i.e., Alpha Star's Graham Net Net and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.37 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Graham Net Net
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.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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