Alexanders Quick Ratio from 2010 to 2024
| ALX Stock | USD 207.93 0.78 0.37% |
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 13.03571905 | Current Value 13.69 | Quarterly Volatility 4.78038344 |
Check Alexanders financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alexanders main balance sheet or income statement drivers, such as Interest Expense of 34.7 M, Other Operating Expenses of 76.9 M or Operating Income of 61.4 M, as well as many exotic indicators such as Price To Sales Ratio of 4.63, Dividend Yield of 0.0796 or PTB Ratio of 4.38. Alexanders financial statements analysis is a perfect complement when working with Alexanders Valuation or Volatility modules.
Alexanders | Quick Ratio |
Latest Alexanders' Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of Alexanders over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Alexanders' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alexanders' overall financial position and show how it may be relating to other accounts over time.
| Quick Ratio | 10 Years Trend |
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Quick Ratio |
| Timeline |
Alexanders Quick Ratio Regression Statistics
| Arithmetic Mean | 12.04 | |
| Geometric Mean | 9.80 | |
| Coefficient Of Variation | 39.72 | |
| Mean Deviation | 3.27 | |
| Median | 12.60 | |
| Standard Deviation | 4.78 | |
| Sample Variance | 22.85 | |
| Range | 20.9856 | |
| R-Value | 0.64 | |
| Mean Square Error | 14.54 | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 0.68 | |
| Total Sum of Squares | 319.93 |
Alexanders Quick Ratio History
About Alexanders Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Alexanders income statement, its balance sheet, and the statement of cash flows. Alexanders investors use historical funamental indicators, such as Alexanders's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Alexanders investors may use each financial statement separately, they are all related. The changes in Alexanders's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alexanders'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 Alexanders Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alexanders. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Quick Ratio | 13.04 | 13.69 |
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 Alexanders 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, Alexanders' short interest history, or implied volatility extrapolated from Alexanders options trading.
Pair Trading with Alexanders
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 Alexanders 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 Alexanders will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Alexanders could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alexanders 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 Alexanders - 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 Alexanders to buy it.
The correlation of Alexanders 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 Alexanders moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alexanders 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 Alexanders 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 Alexanders Correlation against competitors. For more information on how to buy Alexanders Stock please use our How to Invest in Alexanders guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Alexanders Stock analysis
When running Alexanders' price analysis, check to measure Alexanders' 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 Alexanders is operating at the current time. Most of Alexanders' value examination focuses on studying past and present price action to predict the probability of Alexanders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alexanders' price. Additionally, you may evaluate how the addition of Alexanders to your portfolios can decrease your overall portfolio volatility.
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Is Alexanders' 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 Alexanders. If investors know Alexanders 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 Alexanders 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 0.235 | Dividend Share 18 | Earnings Share 19.97 | Revenue Per Share 43.858 | Quarterly Revenue Growth 0.186 |
The market value of Alexanders is measured differently than its book value, which is the value of Alexanders that is recorded on the company's balance sheet. Investors also form their own opinion of Alexanders' value that differs from its market value or its book value, called intrinsic value, which is Alexanders' 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 Alexanders' market value can be influenced by many factors that don't directly affect Alexanders' 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 Alexanders' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alexanders is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alexanders' 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.