Alamos Stock Based Compensation vs Change To Account Receivables Analysis
AGI Stock | CAD 26.39 0.09 0.34% |
Alamos Gold financial indicator trend analysis is way more than just evaluating Alamos Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alamos Gold is a good investment. Please check the relationship between Alamos Gold Stock Based Compensation and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.
Stock Based Compensation vs Change To Account Receivables
Stock Based Compensation vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alamos Gold Stock Based Compensation account and Change To Account Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Alamos Gold's Stock Based Compensation and Change To Account Receivables is 0.13. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Alamos Gold, assuming nothing else is changed. The correlation between historical values of Alamos Gold's Stock Based Compensation and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Alamos Gold are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Stock Based Compensation i.e., Alamos Gold's Stock Based Compensation and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Change To Account Receivables
Most indicators from Alamos Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alamos Gold 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 Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.At this time, Alamos Gold's Tax Provision is very stable compared to the past year. As of the 26th of December 2024, Enterprise Value Over EBITDA is likely to grow to 11.02, while Selling General Administrative is likely to drop about 18.6 M.
Alamos Gold fundamental ratios Correlations
Click cells to compare fundamentals
Alamos Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alamos Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 3.6B | 3.6B | 3.7B | 4.0B | 4.2B | |
Other Current Liab | 8.2M | 13.2M | 19.4M | 33.2M | 39.8M | 41.8M | |
Total Current Liabilities | 127.3M | 146.9M | 157.4M | 181.9M | 247.9M | 260.3M | |
Total Stockholder Equity | 2.7B | 2.9B | 2.7B | 2.7B | 2.9B | 3.1B | |
Property Plant And Equipment Net | 2.9B | 3.1B | 3.1B | 3.2B | 3.4B | 3.5B | |
Net Debt | (182M) | (220M) | (172.1M) | (129.4M) | (224.8M) | (213.6M) | |
Retained Earnings | (1.1B) | (958.1M) | (1.0B) | (1.0B) | (876.8M) | (833.0M) | |
Cash | 182.8M | 220.5M | 172.5M | 129.8M | 224.8M | 154.1M | |
Non Current Assets Total | 3.0B | 3.2B | 3.2B | 3.2B | 3.4B | 3.6B | |
Non Currrent Assets Other | 68.8M | 61.8M | 53.6M | 59.4M | 55.1M | 57.9M | |
Cash And Short Term Investments | 205.6M | 264.2M | 196.4M | 148.4M | 237.8M | 172.7M | |
Net Receivables | 42M | 34.7M | 39.8M | 37.2M | 53.4M | 56.1M | |
Common Stock Total Equity | 3.7B | 3.7B | 3.7B | 3.7B | 4.3B | 4.5B | |
Common Stock Shares Outstanding | 393.4M | 394.9M | 392.6M | 394.5M | 398.1M | 418.0M | |
Liabilities And Stockholders Equity | 3.4B | 3.6B | 3.6B | 3.7B | 4.0B | 4.2B | |
Other Current Assets | 61.8M | 60.7M | 64M | 58.4M | 77M | 80.9M | |
Total Liab | 701.2M | 785M | 885.9M | 953.1M | 1.1B | 1.1B | |
Property Plant And Equipment Gross | 2.9B | 3.1B | 4.9B | 5.1B | 5.5B | 5.7B | |
Total Current Assets | 394.3M | 473.4M | 459.4M | 441M | 586M | 615.3M | |
Common Stock | 3.7B | 3.7B | 3.7B | 3.7B | 3.7B | 2.4B | |
Short Long Term Debt Total | 2.6M | 800K | 500K | 400K | 700K | 665K | |
Accounts Payable | 118.3M | 117.7M | 137.6M | 147.6M | 167.8M | 176.2M | |
Other Stockholder Equity | 87.3M | 90.7M | 88.5M | 89.5M | 88.6M | 120.3M | |
Accumulated Other Comprehensive Income | (200K) | 18.2M | 1.9M | (24.8M) | (26.9M) | (25.6M) | |
Short Term Debt | 2.6M | 800K | 500K | 400K | 360K | 342K | |
Other Assets | 68.8M | 61.8M | 53.6M | 59.4M | 53.5M | 70.1M | |
Short Term Investments | 22.8M | 43.7M | 23.9M | 18.6M | 13M | 18.7M | |
Inventory | 126.9M | 148.5M | 199M | 234.2M | 271.2M | 284.8M | |
Other Liab | 573.9M | 635.7M | 726.7M | 770M | 885.5M | 553.5M | |
Net Tangible Assets | 2.7B | 2.9B | 2.7B | 2.7B | 3.1B | 2.5B | |
Property Plant Equipment | 2.9B | 3.1B | 3.1B | 3.2B | 3.6B | 2.7B | |
Capital Surpluse | 89.5M | 87.3M | 90.7M | 88.5M | 104.3M | 93.0M | |
Non Current Liabilities Other | 3.1M | 3M | 2.5M | 2.2M | 2M | 2.3M | |
Cash And Equivalents | 182.8M | 220.5M | 172.5M | 129.8M | 116.8M | 156.0M |
Pair Trading with Alamos Gold
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 Alamos Gold 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 Alamos Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Alamos Stock
Moving against Alamos Stock
The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold 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 Alamos Gold - 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 Alamos Gold to buy it.
The correlation of Alamos Gold 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 Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold 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 Alamos Gold 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.