Aldeyra Total Assets from 2010 to 2024
| ALDX Stock | USD 3.94 0.03 0.77% |
Total Assets | First Reported 2012-12-31 | Previous Quarter 147.3 M | Current Value 148.3 M | Quarterly Volatility 75.7 M |
Check Aldeyra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aldeyra main balance sheet or income statement drivers, such as Depreciation And Amortization of 249.6 K, Interest Expense of 2.2 M or Selling General Administrative of 12.7 K, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.62. Aldeyra financial statements analysis is a perfect complement when working with Aldeyra Valuation or Volatility modules.
Aldeyra | Total Assets |
Latest Aldeyra's Total Assets Growth Pattern
Below is the plot of the Total Assets of Aldeyra over the last few years. Total assets refers to the total amount of Aldeyra assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aldeyra books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Aldeyra's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aldeyra's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 148.33 M | 10 Years Trend |
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Total Assets |
| Timeline |
Aldeyra Total Assets Regression Statistics
| Arithmetic Mean | 67,194,815 | |
| Geometric Mean | 20,279,560 | |
| Coefficient Of Variation | 107.35 | |
| Mean Deviation | 56,662,127 | |
| Median | 44,174,958 | |
| Standard Deviation | 72,132,199 | |
| Sample Variance | 5203.1T | |
| Range | 232.9M | |
| R-Value | 0.81 | |
| Mean Square Error | 1964.8T | |
| R-Squared | 0.65 | |
| Significance | 0.0003 | |
| Slope | 12,997,341 | |
| Total Sum of Squares | 72842.8T |
Aldeyra Total Assets History
Other Fundumenentals of Aldeyra
Aldeyra Total Assets component correlations
Click cells to compare fundamentals
About Aldeyra Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Aldeyra income statement, its balance sheet, and the statement of cash flows. Aldeyra investors use historical funamental indicators, such as Aldeyra's Total Assets, to determine how well the company is positioned to perform in the future. Although Aldeyra investors may use each financial statement separately, they are all related. The changes in Aldeyra's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aldeyra'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. We offer a historical overview of the basic patterns found on Aldeyra Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aldeyra. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Assets | 148.3 M | 78.6 M | |
| Intangibles To Total Assets | 0.00 | 0.00 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aldeyra in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aldeyra's short interest history, or implied volatility extrapolated from Aldeyra options trading.
Pair Trading with Aldeyra
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 Aldeyra 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 Aldeyra will appreciate offsetting losses from the drop in the long position's value.Moving together with Aldeyra Stock
| 0.62 | ACB | Aurora Cannabis Trending | PairCorr |
Moving against Aldeyra Stock
| 0.73 | PFE | Pfizer Inc Earnings Call This Week | PairCorr |
| 0.66 | GILD | Gilead Sciences Earnings Call Tomorrow | PairCorr |
| 0.5 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
The ability to find closely correlated positions to Aldeyra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aldeyra 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 Aldeyra - 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 Aldeyra to buy it.
The correlation of Aldeyra 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 Aldeyra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aldeyra 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 Aldeyra 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 the analysis of Aldeyra Correlation against competitors. For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.Note that the Aldeyra information on this page should be used as a complementary analysis to other Aldeyra's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Aldeyra Stock analysis
When running Aldeyra's price analysis, check to measure Aldeyra's 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 Aldeyra is operating at the current time. Most of Aldeyra's value examination focuses on studying past and present price action to predict the probability of Aldeyra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aldeyra's price. Additionally, you may evaluate how the addition of Aldeyra to your portfolios can decrease your overall portfolio volatility.
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Is Aldeyra's industry 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 Aldeyra. If investors know Aldeyra 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 Aldeyra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.64) | Return On Assets (0.16) | Return On Equity (0.28) |
The market value of Aldeyra is measured differently than its book value, which is the value of Aldeyra that is recorded on the company's balance sheet. Investors also form their own opinion of Aldeyra's value that differs from its market value or its book value, called intrinsic value, which is Aldeyra'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 Aldeyra's market value can be influenced by many factors that don't directly affect Aldeyra'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 Aldeyra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aldeyra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aldeyra'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.