Altaba Financial Indicators Patterns

AABA -- USA Stock  

USD 69.57  0.05  0.07%

Use fundamental data analysis to double-check all available reported financial drivers of Altaba to find out if markets are presently mispricing the company. We found thirty-four available fundamental indicators for Altaba which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Altaba fundamentals including its EBITDA, Debt to Equity and the relationship between Revenue and Cash and Equivalents . Given that Altaba has Price to Earning of 2.48X, we suggest you validate Altaba prevailing market performance to make sure the company can sustain itself down the road. Use Altaba to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Altaba to be traded at $73.05 in 30 days.

Chance of Financial Distress

Altaba has less than 7 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info

Altaba Company Summary

Altaba competes with BlackRock, BROOKFIELD ASSET, Blackstone Group, Brookfield Asset, and Bank of New York. Altaba Inc. operates as a non-diversified, closed-end management investment company in the United States. Altaba Inc. was founded in 1994 and is based in New York, New York. Altaba operates under Asset Management classification in USA and is traded on NASDAQ.

Altaba Current Valuation vs Retained Earnings

Altaba is rated below average in current valuation category among related companies. It is rated fifth in retained earnings category among related companies reporting about  0.08  of Retained Earnings per Current Valuation. The ratio of Current Valuation to Retained Earnings for Altaba is roughly  12.52 

Altaba Systematic Risk

The output start index for this execution was twelve with a total number of output elements of twenty-seven. The Beta measures systematic risk based on how returns on Altaba correlated with the market. If Beta is less than 0 Altaba generally moves in the opposite direction as compared to the market. If Altaba Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altaba is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altaba is generally in the same direction as the market. If Beta > 1 Altaba moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

Altaba Thematic Clasifications

Momentum Idea
Investing Idea

Altaba August 24, 2019 Opportunity Range

Check also Trending Equities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.