Alteryx Return On Asset vs. Shares Owned By Institutions

AYXDelisted Stock  USD 39.72  0.33  0.82%   
Based on the key profitability measurements obtained from Alteryx's financial statements, Alteryx may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Alteryx's ability to earn profits and add value for shareholders.
For Alteryx profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alteryx to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alteryx utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alteryx's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alteryx over time as well as its relative position and ranking within its peers.
  
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 manufacturing.
Please note, there is a significant difference between Alteryx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alteryx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alteryx'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.

Alteryx Shares Owned By Institutions vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Alteryx's current stock value. Our valuation model uses many indicators to compare Alteryx value to that of its competitors to determine the firm's financial worth.
Alteryx is rated below average in return on asset category among its peers. It is rated third in shares owned by institutions category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alteryx's earnings, one of the primary drivers of an investment's value.

Alteryx Shares Owned By Institutions vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Alteryx

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0526
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Alteryx

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
98.05 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Alteryx Shares Owned By Institutions Comparison

Alteryx is currently under evaluation in shares owned by institutions category among its peers.

Alteryx Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Alteryx, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alteryx will eventually generate negative long term returns. The profitability progress is the general direction of Alteryx's change in net profit over the period of time. It can combine multiple indicators of Alteryx, 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.
Alteryx, Inc. operates in analytic process automation business in the Asia-Pacific, Europe, the Middle East, Africa, Latin America, and internationally. The company was founded in 1997 and is headquartered in Irvine, California. Alteryx operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 2595 people.

Alteryx Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Alteryx. 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 Alteryx 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 Alteryx's important profitability drivers and their relationship over time.

Use Alteryx 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 Alteryx 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 Alteryx will appreciate offsetting losses from the drop in the long position's value.

Alteryx Pair Trading

Alteryx Pair Trading Analysis

The ability to find closely correlated positions to Alteryx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alteryx 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 Alteryx - 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 Alteryx to buy it.
The correlation of Alteryx 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 Alteryx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alteryx 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 Alteryx 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Alteryx position

In addition to having Alteryx 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?

Run Hybrid Mix Funds Thematic Idea Now

Hybrid Mix Funds
Hybrid Mix Funds Theme
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hybrid Mix Funds Theme or any other thematic opportunities.
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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 manufacturing.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Consideration for investing in Alteryx Stock

If you are still planning to invest in Alteryx check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alteryx's history and understand the potential risks before investing.
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