Alta Global Market Capitalization vs. Price To Sales
| MMA Stock | 1.16 0.07 5.69% |
For Alta Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alta Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alta Global Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alta Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alta Global Group over time as well as its relative position and ranking within its peers.
Alta |
Is Financial Services 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 Alta Global. If investors know Alta 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 Alta Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alta Global Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Global's value that differs from its market value or its book value, called intrinsic value, which is Alta Global'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 Alta Global's market value can be influenced by many factors that don't directly affect Alta Global'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 Alta Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Global'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.
Alta Global Group Price To Sales vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alta Global's current stock value. Our valuation model uses many indicators to compare Alta Global value to that of its competitors to determine the firm's financial worth. Alta Global Group is rated below average in market capitalization category among its peers. It is regarded second in price to sales category among its peers . The ratio of Market Capitalization to Price To Sales for Alta Global Group is about 1,031,607 . 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 Alta Global's earnings, one of the primary drivers of an investment's value.Alta Market Capitalization vs. Competition
Alta Global Group is rated below average in market capitalization category among its peers. Market capitalization of Financials industry is now estimated at about 964.62 Billion. Alta Global adds roughly 35.43 Million in market capitalization claiming only tiny portion of equities under Financials industry.
Alta Price To Sales vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Alta Global |
| = | 35.43 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Alta Global |
| = | 34.34 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Alta Price To Sales Comparison
Alta Global is currently under evaluation in price to sales category among its peers.
Alta Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alta Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alta Global will eventually generate negative long term returns. The profitability progress is the general direction of Alta Global's change in net profit over the period of time. It can combine multiple indicators of Alta Global, 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 Reported | Projected for Next Year | ||
| Net Interest Income | -3.3 M | -3.4 M | |
| Operating Income | -12.6 M | -13.2 M | |
| Net Loss | -14.4 M | -15.1 M | |
| Income Before Tax | -14.4 M | -15.1 M | |
| Total Other Income Expense Net | 1.4 M | 1.5 M | |
| Net Loss | -14.4 M | -15.1 M |
Alta Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alta Global. 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 Alta Global 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 Alta Global's important profitability drivers and their relationship over time.
Use Alta Global 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 Alta Global 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 Alta Global will appreciate offsetting losses from the drop in the long position's value.Alta Global Pair Trading
Alta Global Group Pair Trading Analysis
The ability to find closely correlated positions to Alta Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alta Global 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 Alta Global - 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 Alta Global Group to buy it.
The correlation of Alta Global 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 Alta Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alta Global Group 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 Alta Global 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.Use Investing Themes to Complement your Alta Global position
In addition to having Alta Global 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 37 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 Rentals Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
To fully project Alta Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alta Global Group 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 Alta Global's income statement, its balance sheet, and the statement of cash flows.