Alchemy Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis
| ALCYW Stock | 0.08 0.02 19.70% |
Alchemy Investments financial indicator trend analysis is way more than just evaluating Alchemy Investments prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alchemy Investments is a good investment. Please check the relationship between Alchemy Investments Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alchemy Investments Acquisition. 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.
Common Stock Shares Outstanding vs Cash And Short Term Investments
Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alchemy Investments Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Alchemy Investments' Common Stock Shares Outstanding and Cash And Short Term Investments is 0.93. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Alchemy Investments Acquisition, assuming nothing else is changed. The correlation between historical values of Alchemy Investments' Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Alchemy Investments Acquisition are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Alchemy Investments' Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Alchemy Investments balance sheet. This account contains Alchemy Investments investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Alchemy Investments Acquisition fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Alchemy Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alchemy Investments 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 Alchemy Investments Acquisition. 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. At this time, Alchemy Investments' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 9.27 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 94.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 8.8K | 660.0K | 759.0K | 796.9K | Depreciation And Amortization | 236.6K | 228.5K | 4.0M | 4.2M |
Alchemy Investments fundamental ratios Correlations
Click cells to compare fundamentals
Alchemy Investments 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.Additional Tools for Alchemy Stock Analysis
When running Alchemy Investments' price analysis, check to measure Alchemy Investments' 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 Alchemy Investments is operating at the current time. Most of Alchemy Investments' value examination focuses on studying past and present price action to predict the probability of Alchemy Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alchemy Investments' price. Additionally, you may evaluate how the addition of Alchemy Investments to your portfolios can decrease your overall portfolio volatility.