Alpha Net Working Capital vs Short Term Investments 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 Net Working Capital and its Short Term Investments 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.

Net Working Capital vs Short Term Investments

Net Working Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Star Acquisition Net Working Capital account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Alpha Star's Net Working Capital and Short Term Investments is -0.97. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Term Investments 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 Net Working Capital and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Alpha Star Acquisition are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Working Capital i.e., Alpha Star's Net Working Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Working Capital

Short Term Investments

Short Term Investments is an item under the current assets section of Alpha Star balance sheet. It contains any investments Alpha Star Acquisition undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Alpha Star Acquisition can easily liquidate in the marketplace.
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 Expenses53.3K587.6K450.4K
Interest Expense105.8K2.1M100.5K

Alpha Star fundamental ratios Correlations

0.090.891.0-0.840.84-0.77-0.831.0-0.830.88-0.83-0.841.0-0.86-0.870.89-0.851.0-0.83-0.971.0-0.840.990.990.99
0.090.520.020.030.62-0.67-0.590.10.14-0.35-0.590.030.1-0.58-0.410.520.120.090.140.040.10.03-0.03-0.03-0.03
0.890.520.86-0.70.99-0.95-0.980.9-0.640.6-0.98-0.70.9-0.99-0.931.0-0.670.89-0.64-0.810.9-0.70.830.830.84
1.00.020.86-0.850.8-0.73-0.81.0-0.850.9-0.8-0.851.0-0.82-0.850.86-0.861.0-0.85-0.981.0-0.850.990.991.0
-0.840.03-0.7-0.85-0.630.690.74-0.840.99-0.670.741.0-0.840.730.89-0.70.99-0.840.990.94-0.841.0-0.8-0.8-0.82
0.840.620.990.8-0.63-0.97-0.980.84-0.570.5-0.98-0.630.84-0.99-0.910.99-0.590.84-0.57-0.740.84-0.630.760.760.77
-0.77-0.67-0.95-0.730.69-0.970.99-0.780.62-0.370.990.69-0.780.990.95-0.950.64-0.770.620.71-0.780.69-0.67-0.67-0.68
-0.83-0.59-0.98-0.80.74-0.980.99-0.840.67-0.471.00.74-0.841.00.97-0.980.69-0.830.670.78-0.840.74-0.75-0.75-0.76
1.00.10.91.0-0.840.84-0.78-0.84-0.830.87-0.84-0.841.0-0.86-0.880.9-0.851.0-0.83-0.971.0-0.840.990.990.99
-0.830.14-0.64-0.850.99-0.570.620.67-0.83-0.720.670.99-0.830.660.84-0.641.0-0.831.00.94-0.830.99-0.81-0.81-0.82
0.88-0.350.60.9-0.670.5-0.37-0.470.87-0.72-0.47-0.670.87-0.51-0.550.6-0.730.88-0.72-0.860.87-0.670.940.940.93
-0.83-0.59-0.98-0.80.74-0.980.991.0-0.840.67-0.470.74-0.841.00.97-0.980.69-0.830.670.78-0.840.74-0.75-0.75-0.76
-0.840.03-0.7-0.851.0-0.630.690.74-0.840.99-0.670.74-0.840.730.89-0.70.99-0.840.990.94-0.841.0-0.8-0.8-0.82
1.00.10.91.0-0.840.84-0.78-0.841.0-0.830.87-0.84-0.84-0.86-0.880.9-0.851.0-0.83-0.971.0-0.840.990.990.99
-0.86-0.58-0.99-0.820.73-0.990.991.0-0.860.66-0.511.00.73-0.860.96-0.990.68-0.860.660.79-0.860.73-0.78-0.78-0.78
-0.87-0.41-0.93-0.850.89-0.910.950.97-0.880.84-0.550.970.89-0.880.96-0.930.85-0.870.840.88-0.880.89-0.8-0.8-0.81
0.890.521.00.86-0.70.99-0.95-0.980.9-0.640.6-0.98-0.70.9-0.99-0.93-0.670.89-0.64-0.810.9-0.70.830.830.84
-0.850.12-0.67-0.860.99-0.590.640.69-0.851.0-0.730.690.99-0.850.680.85-0.67-0.851.00.95-0.850.99-0.82-0.82-0.84
1.00.090.891.0-0.840.84-0.77-0.831.0-0.830.88-0.83-0.841.0-0.86-0.870.89-0.85-0.83-0.971.0-0.840.990.990.99
-0.830.14-0.64-0.850.99-0.570.620.67-0.831.0-0.720.670.99-0.830.660.84-0.641.0-0.830.94-0.830.99-0.81-0.81-0.82
-0.970.04-0.81-0.980.94-0.740.710.78-0.970.94-0.860.780.94-0.970.790.88-0.810.95-0.970.94-0.970.94-0.96-0.96-0.96
1.00.10.91.0-0.840.84-0.78-0.841.0-0.830.87-0.84-0.841.0-0.86-0.880.9-0.851.0-0.83-0.97-0.840.990.990.99
-0.840.03-0.7-0.851.0-0.630.690.74-0.840.99-0.670.741.0-0.840.730.89-0.70.99-0.840.990.94-0.84-0.8-0.8-0.82
0.99-0.030.830.99-0.80.76-0.67-0.750.99-0.810.94-0.75-0.80.99-0.78-0.80.83-0.820.99-0.81-0.960.99-0.81.01.0
0.99-0.030.830.99-0.80.76-0.67-0.750.99-0.810.94-0.75-0.80.99-0.78-0.80.83-0.820.99-0.81-0.960.99-0.81.01.0
0.99-0.030.841.0-0.820.77-0.68-0.760.99-0.820.93-0.76-0.820.99-0.78-0.810.84-0.840.99-0.82-0.960.99-0.821.01.0
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Alpha Star Account Relationship Matchups

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