| Revenues USD | Revenues | ||
| 2014 | 0.00 | 0.00 | |
| 2015 | 0.00 | 0.00 | |
| 2016 | 0.00 | 0.00 | |
| 2018 | 0.00 | 0.00 | |
| 2019 (projected) | 0.00 | 0.00 |
Is Altaba about to take on BlackRock.?
 | By Rifka Kats | Macroaxis Story |
Today article will go over Altaba. I will evaluate why recent Altaba price moves suggest a bounce in February. We consider Altaba not too risky. Altaba secures Sharpe Ratio (or Efficiency) of 0.0256 which signifies that the organization had 0.0256% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Altaba which you can use to evaluate future volatility of the firm. Please confirm Altaba Downside Deviation of 1.82, Mean Deviation of 1.49 and Risk Adjusted Performance of 0.1232 to double-check if risk estimate we provide are consistent with the epected return of 0.0492%.
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Reviewed by Gabriel Shpitalnik
The company currently holds 4.45B in liabilities with Debt to Equity (D/E) ratio of 7.1 indicating the entity may have difficulties to generate enough cash to satisfy its financial obligations. This firm dividends can provide a clue to current valuation of the stock. Altaba is not expected to issue dividends this year as it trying to preserve or re-invest any of the funds available for distribution to stakeholders. Lets now take a look at Altaba Market Capitalization. Based on recorded statements the market capitalization of Altaba is about 38.57B. This is much higher than that of the Financial Services sector, and significantly higher than that of Asset Management industry, The Market Capitalization for all stocks is notably lower than Altaba.
How important is Altaba's Liquidity
Altaba financial leverage refers to using borrowed capital as a funding source to finance Altaba Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Altaba financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Altaba's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Altaba's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Altaba's total debt and its cash.
Breaking down Altaba Further
Altaba currently holds 4.45B in liabilities with Debt to Equity (D/E) ratio of 7.1 indicating the stock may have difficulties to generate enough cash to satisfy its financial obligations. The entity has Current Ratio of 1.91 which is within standard range for the sector. The current investor indifference towards the small price fluctuations of Altaba could raise concerns from investors as the firm closed today at a share price of 64.72 on 7150388.000 in volume. The company executives did not add any value to Altaba investors in December. However, most investors can still diversify their portfolios with Altaba to hedge your portfolio against high-volatility market scenarios. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 1.9261. The below-average Stock volatility is a good sign for a longer term investment options and for buy-and-hold investors. Altaba defends 8.23b current asset. Altaba is selling at 65.22. That is 1.91 percent up. Started trading at 65.22. Altaba Cash and Equivalents is somewhat stable at the moment. Further, Altaba Total Liabilities is increasing over the last 5 years. The previous year value of Altaba Total Liabilities was 10,249,243,658.
To sum up, we belive that Altaba is currently overvalued with low probability of financial unrest in the next two years. Our present buy-sell advice on the company is Cautious Hold.
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