Alta Depreciation vs Stock Based Compensation Analysis
| MMA Stock | 1.82 0.04 2.25% |
Alta Global financial indicator trend analysis is way more than just evaluating Alta Global Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alta Global Group is a good investment. Please check the relationship between Alta Global Depreciation and its Stock Based Compensation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alta Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Depreciation vs Stock Based Compensation
Depreciation vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alta Global Group Depreciation account and Stock Based Compensation. At this time, the significance of the direction appears to have totally related.
The correlation between Alta Global's Depreciation and Stock Based Compensation is 0.99. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Alta Global Group, assuming nothing else is changed. The correlation between historical values of Alta Global's Depreciation and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Alta Global Group are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Depreciation i.e., Alta Global's Depreciation and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Depreciation
Depreciation indicates how much of Alta Global Group value has been used up. For tax purposes Alta Global can deduct the cost of the tangible assets it purchases as business expenses. However, Alta Global Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Alta Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alta Global Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alta Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. The current year's Issuance Of Capital Stock is expected to grow to about 9.9 M, whereas Selling General Administrative is forecasted to decline to about 11.4 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 598.2K | 1.3M | 401.7K | 615.2K | Total Revenue | 940.8K | 1.5M | 562.3K | 810.6K |
Alta Global fundamental ratios Correlations
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Alta Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Alta Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alta Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alta Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alta Global Group Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alta Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Global. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alta Global Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Global's value that differs from its market value or its book value, called intrinsic value, which is Alta Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Global's market value can be influenced by many factors that don't directly affect Alta Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.