AlphaTime Common Stock vs Cash And Short Term Investments Analysis

ATMCW Stock   0.02  0  10.43%   
AlphaTime Acquisition financial indicator trend analysis is way more than just evaluating AlphaTime Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AlphaTime Acquisition is a good investment. Please check the relationship between AlphaTime Acquisition Common Stock and its Cash And Short Term Investments accounts. 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 main economic indicators.

Common Stock vs Cash And Short Term Investments

Common Stock 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 AlphaTime Acquisition Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AlphaTime Acquisition's Common Stock and Cash And Short Term Investments is -0.67. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of AlphaTime Acquisition Corp, assuming nothing else is changed. The correlation between historical values of AlphaTime Acquisition's Common Stock 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 of AlphaTime Acquisition Corp 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 i.e., AlphaTime Acquisition's Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of AlphaTime Acquisition balance sheet. This account contains AlphaTime Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by AlphaTime Acquisition Corp 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 AlphaTime Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AlphaTime Acquisition 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, AlphaTime Acquisition's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 43.30 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 40.2 M in 2024.
 2010 2022 2023 2024 (projected)
Other Operating Expenses27.1K784.01.5M1.5M
Depreciation And Amortization236.6K5.0M5.8M2.9M

AlphaTime Acquisition fundamental ratios Correlations

0.890.780.931.00.9-0.941.01.00.790.78-0.98-0.671.01.00.89-0.051.0-0.690.891.0-0.67
0.890.981.00.891.0-0.950.90.90.980.92-0.83-0.760.930.891.0-0.450.9-0.91.00.9-0.76
0.780.980.950.780.97-0.880.780.781.00.92-0.7-0.750.830.780.98-0.610.78-0.930.980.78-0.75
0.931.00.950.931.0-0.960.940.940.950.9-0.88-0.740.960.931.0-0.370.94-0.861.00.94-0.74
1.00.890.780.930.9-0.941.01.00.790.77-0.98-0.671.01.00.89-0.041.0-0.690.891.0-0.67
0.91.00.971.00.9-0.950.90.90.980.92-0.84-0.770.930.91.0-0.450.9-0.91.00.9-0.77
-0.94-0.95-0.88-0.96-0.94-0.95-0.94-0.94-0.91-0.940.930.88-0.95-0.94-0.950.36-0.940.89-0.95-0.940.88
1.00.90.780.941.00.9-0.941.00.790.78-0.98-0.671.01.00.9-0.051.0-0.690.91.0-0.67
1.00.90.780.941.00.9-0.941.00.790.78-0.98-0.671.01.00.9-0.051.0-0.690.91.0-0.67
0.790.981.00.950.790.98-0.910.790.790.94-0.72-0.80.840.790.98-0.630.79-0.950.980.79-0.8
0.780.920.920.90.770.92-0.940.780.780.94-0.77-0.950.820.780.92-0.640.78-0.990.920.78-0.95
-0.98-0.83-0.7-0.88-0.98-0.840.93-0.98-0.98-0.72-0.770.71-0.97-0.98-0.830.0-0.980.66-0.83-0.980.71
-0.67-0.76-0.75-0.74-0.67-0.770.88-0.67-0.67-0.8-0.950.71-0.7-0.67-0.760.62-0.670.92-0.76-0.671.0
1.00.930.830.961.00.93-0.951.01.00.840.82-0.97-0.71.00.93-0.121.0-0.740.931.0-0.7
1.00.890.780.931.00.9-0.941.01.00.790.78-0.98-0.671.00.89-0.041.0-0.690.891.0-0.67
0.891.00.981.00.891.0-0.950.90.90.980.92-0.83-0.760.930.89-0.450.9-0.91.00.9-0.76
-0.05-0.45-0.61-0.37-0.04-0.450.36-0.05-0.05-0.63-0.640.00.62-0.12-0.04-0.45-0.050.75-0.45-0.050.62
1.00.90.780.941.00.9-0.941.01.00.790.78-0.98-0.671.01.00.9-0.05-0.690.91.0-0.67
-0.69-0.9-0.93-0.86-0.69-0.90.89-0.69-0.69-0.95-0.990.660.92-0.74-0.69-0.90.75-0.69-0.9-0.690.92
0.891.00.981.00.891.0-0.950.90.90.980.92-0.83-0.760.930.891.0-0.450.9-0.90.9-0.76
1.00.90.780.941.00.9-0.941.01.00.790.78-0.98-0.671.01.00.9-0.051.0-0.690.9-0.67
-0.67-0.76-0.75-0.74-0.67-0.770.88-0.67-0.67-0.8-0.950.711.0-0.7-0.67-0.760.62-0.670.92-0.76-0.67
Click cells to compare fundamentals

AlphaTime Acquisition Account Relationship Matchups

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