Alexanders Story

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ALX -- USA Stock  

USD 275.01  2.67  0.96%

12% of stocks are less volatile than Alexanders, and above 99% of all equities are expected to generate higher returns over the next 60 days. Although many risk-takers are getting more into real estate space, some of us are not very happy with Alexanders' current volatility. We will inspect how risky is to take a position in Alexanders at this time. Alexanders' very low volatility may have no significant impact on the stock's value as we estimate Alexanders as currently overvalued. The real value, based on our calculations, is getting close to 255.03 per share.
Published over a week ago
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Are you really shorting Alexanders (NYSE:ALX) based on its volatility?
Alexanders has roughly 355.71 M in cash with 81.64 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 69.65.
Volatility is a rate at which the price of Alexanders or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Alexanders may increase or decrease. In other words, similar to Alexanders's beta indicator, it measures the risk of Alexanders and helps estimate the fluctuations that may happen in a short period of time. So if prices of Alexanders fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Alexanders's Liquidity

Alexanders financial leverage refers to using borrowed capital as a funding source to finance Alexanders ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Alexanders 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. Please check the breakdown between Alexanders's total debt and its cash.

How Alexanders utilizes its cash?

To perform a cash flow analysis of Alexanders, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Alexanders is receiving and how much cash it distributes out in a given period. The Alexanders cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Alexanders Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Alexanders reported Net Cash Flow from Operations of 78.07 Million in 2020

Alexanders Volatility Drivers

Alexanders unsystematic risk is unique to Alexanders and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Alexanders you can also buy Agree Realty Corp. You can also mitigate this risk by investing in the reit?retail sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Alexanders important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Alexanders income statement and balance sheet. Here are more details about Alexanders volatility.
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