ALX Stock | | | USD 219.23 0.57 0.26% |
Alexanders financial indicator trend analysis is way more than just evaluating Alexanders prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alexanders is a good investment. Please check the relationship between Alexanders Capital Surpluse and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Alexanders. 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 Alexanders Stock please use our
How to Invest in Alexanders guide.
Capital Surpluse vs Total Current Assets
Capital Surpluse vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alexanders Capital Surpluse account and
Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Alexanders' Capital Surpluse and Total Current Assets is 0.07. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Alexanders, assuming nothing else is changed. The correlation between historical values of Alexanders' Capital Surpluse and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Alexanders are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Surpluse i.e., Alexanders' Capital Surpluse and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Surpluse
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Alexanders' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alexanders 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 Alexanders. 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 Alexanders Stock please use our
How to Invest in Alexanders guide.
Selling General Administrative is likely to drop to about 6
M in 2024.
Discontinued Operations is likely to drop to about 2
M in 2024
Alexanders fundamental ratios Correlations
Click cells to compare fundamentals
Alexanders Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alexanders fundamental ratios Accounts
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Additional Tools for Alexanders Stock Analysis
When running Alexanders' price analysis, check to
measure Alexanders' 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 Alexanders is operating at the current time. Most of Alexanders' value examination focuses on studying past and present price action to
predict the probability of Alexanders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alexanders' price. Additionally, you may evaluate how the addition of Alexanders to your portfolios can decrease your overall portfolio volatility.