Alpha Star Short Ratio vs. EBITDA

ALSA Stock  USD 11.95  0.10  0.84%   
Considering Alpha Star's profitability and operating efficiency indicators, Alpha Star's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Alpha Star's ability to earn profits and add value for shareholders.
For Alpha Star profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alpha Star to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alpha Star Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alpha Star's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alpha Star Acquisition over time as well as its relative position and ranking within its peers.
  
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha Star. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
(1.08)
Return On Assets
(0)
The market value of Alpha Star Acquisition is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Star's value that differs from its market value or its book value, called intrinsic value, which is Alpha Star's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha Star's market value can be influenced by many factors that don't directly affect Alpha Star's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alpha Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Star'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.

Alpha Star Acquisition EBITDA vs. Short Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Alpha Star's current stock value. Our valuation model uses many indicators to compare Alpha Star value to that of its competitors to determine the firm's financial worth.
Alpha Star Acquisition is rated below average in short ratio category among its peers. It is rated third in ebitda category among its peers totaling about  169,474,400  of EBITDA per Short Ratio. At present, Alpha Star's EBITDA is projected to increase significantly based on the last few years of reporting. 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 Alpha Star's earnings, one of the primary drivers of an investment's value.

Alpha EBITDA vs. Short Ratio

Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Alpha Star

Short Ratio

 = 

Short Interest

Average Trading Volume

 = 
0.01 X
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Alpha Star

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
1.69 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Alpha EBITDA Comparison

Alpha Star is currently under evaluation in ebitda category among its peers.

Alpha Star Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Alpha Star, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alpha Star will eventually generate negative long term returns. The profitability progress is the general direction of Alpha Star's change in net profit over the period of time. It can combine multiple indicators of Alpha Star, 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.
Last ReportedProjected for Next Year
Operating Income675.8 K411.4 K
Income Before Tax1.3 M792.6 K
Total Other Income Expense Net597.4 K381.3 K
Net Loss-56.7 K-59.5 K
Net Income1.3 M792.6 K
Income Tax Expense531.6 K377.8 K
Net Interest Income4.7 M3.3 M
Interest Income4.7 M3.3 M
Net Income From Continuing Ops4.6 M3.1 M
Change To Netincome(809.10)(849.55)
Net Income Per Share 0.36  0.38 
Income Quality(0.05)(0.05)
Net Income Per E B T 0.52  0.46 

Alpha Profitability Driver Comparison

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

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

Alpha Star Pair Trading

Alpha Star Acquisition Pair Trading Analysis

The ability to find closely correlated positions to Alpha Star 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 Star 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 Star - 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 Star Acquisition to buy it.
The correlation of Alpha Star 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 Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Star Acquisition 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 Star 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 Alpha Star position

In addition to having Alpha Star 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 Measuring and Control Equipment Thematic Idea Now

Measuring and Control Equipment
Measuring and Control Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.
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When determining whether Alpha Star Acquisition is a strong investment it is important to analyze Alpha Star's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alpha Star's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:
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You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
To fully project Alpha Star's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alpha Star Acquisition at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Alpha Star's income statement, its balance sheet, and the statement of cash flows.
Potential Alpha Star investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Alpha Star investors may work on each financial statement separately, they are all related. The changes in Alpha Star's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alpha Star's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.