ALLT Stock | | | USD 4.54 0.14 3.18% |
Allot Communications financial indicator trend analysis is way more than just evaluating Allot Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allot Communications is a good investment. Please check the relationship between Allot Communications Operating Income and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Allot Communications. 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 Allot Stock please use our
How to Invest in Allot Communications guide.
Operating Income vs Income Tax Expense
Operating Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Allot Communications Operating Income account and
Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Allot Communications' Operating Income and Income Tax Expense is -0.13. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Allot Communications, assuming nothing else is changed. The correlation between historical values of Allot Communications' Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Allot Communications are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., Allot Communications' Operating Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Allot Communications operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Allot Communications is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Income Tax Expense
Most indicators from Allot Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allot Communications 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 Allot Communications. 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 Allot Stock please use our
How to Invest in Allot Communications guide.At this time, Allot Communications'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 1.5
M in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(1.56).
Allot Communications fundamental ratios Correlations
Click cells to compare fundamentals
Allot Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allot Communications fundamental ratios Accounts
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Additional Tools for Allot Stock Analysis
When running Allot Communications' price analysis, check to
measure Allot Communications' 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 Allot Communications is operating at the current time. Most of Allot Communications' value examination focuses on studying past and present price action to
predict the probability of Allot Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allot Communications' price. Additionally, you may evaluate how the addition of Allot Communications to your portfolios can decrease your overall portfolio volatility.