ALX Stock | | | USD 222.09 2.86 1.30% |
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 Cash and its Common Stock Total Equity 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.
Cash vs Common Stock Total Equity
Cash vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alexanders Cash account and
Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alexanders' Cash and Common Stock Total Equity is -0.14. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Alexanders, assuming nothing else is changed. The correlation between historical values of Alexanders' Cash and Common Stock Total Equity 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 of Alexanders are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., Alexanders' Cash and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Alexanders, which is listed under current asset account on Alexanders balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alexanders customers. The amounts must be unrestricted with restricted cash listed in a different Alexanders account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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.