ALX Stock | | | USD 223.61 1.05 0.47% |
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 Net Invested Capital and its Treasury Stock 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.
Net Invested Capital vs Treasury Stock
Net Invested Capital vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alexanders Net Invested Capital account and
Treasury Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alexanders' Net Invested Capital and Treasury Stock is -0.14. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Alexanders, assuming nothing else is changed. The correlation between historical values of Alexanders' Net Invested Capital and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Alexanders are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Invested Capital i.e., Alexanders' Net Invested Capital and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Treasury Stock
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.