Alpha Bank Shares Outstanding vs. Cash And Equivalents
| ALBKY Stock | USD 0.37 0.01 2.63% |
For Alpha Bank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alpha Bank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alpha Bank SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alpha Bank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alpha Bank SA over time as well as its relative position and ranking within its peers.
Alpha |
Alpha Bank SA Cash And Equivalents vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alpha Bank's current stock value. Our valuation model uses many indicators to compare Alpha Bank value to that of its competitors to determine the firm's financial worth. Alpha Bank SA is rated third in shares outstanding category among its peers. It is rated below average in cash and equivalents category among its peers creating about 1.50 of Cash And Equivalents per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value Alpha Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alpha Bank's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Alpha Cash And Equivalents vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Alpha Bank |
| = | 9.39 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Alpha Bank |
| = | 14.09 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Alpha Cash And Equivalents Comparison
Alpha Bank is currently under evaluation in cash and equivalents category among its peers.
Alpha Bank Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alpha Bank, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alpha Bank will eventually generate negative long term returns. The profitability progress is the general direction of Alpha Bank's change in net profit over the period of time. It can combine multiple indicators of Alpha Bank, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Alpha Services and Holdings S.A., together with its subsidiaries, provides various banking and financial products and services to individuals, professionals, and companies in Greece and internationally. The company was founded in 1879 and is based in Athens, Greece. Alpha Svcs operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 8476 people.
Alpha Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alpha Bank. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alpha Bank position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alpha Bank's important profitability drivers and their relationship over time.
Use Alpha Bank in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alpha Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alpha Bank will appreciate offsetting losses from the drop in the long position's value.Alpha Bank Pair Trading
Alpha Bank SA Pair Trading Analysis
The ability to find closely correlated positions to Alpha Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alpha Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alpha Bank SA to buy it.
The correlation of Alpha Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alpha Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Bank SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alpha Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Alpha Bank position
In addition to having Alpha Bank in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Alpha Pink Sheet Analysis
When running Alpha Bank's price analysis, check to measure Alpha Bank's 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 Alpha Bank is operating at the current time. Most of Alpha Bank's value examination focuses on studying past and present price action to predict the probability of Alpha Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Bank's price. Additionally, you may evaluate how the addition of Alpha Bank to your portfolios can decrease your overall portfolio volatility.