Altria Weighted Average Shares vs Invested Capital Average Analysis

MO
 Stock
  

USD 45.15  0.02  0.0443%   

Altria financial indicator trend analysis is way more than just evaluating Altria Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altria Group is a good investment. Please check the relationship between Altria Weighted Average Shares and its Invested Capital Average accounts. Additionally, see Stocks Correlation.

Weighted Average Shares vs Invested Capital Average

Weighted Average Shares vs Invested Capital Average Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altria Group Weighted Average Shares account and Invested Capital Average. At this time, the significance of the direction appears to have pay attention.
The correlation between Altria's Weighted Average Shares and Invested Capital Average is -0.78. Overlapping area represents the amount of variation of Weighted Average Shares that can explain the historical movement of Invested Capital Average in the same time period over historical financial statements of Altria Group, assuming nothing else is changed. The correlation between historical values of Altria's Weighted Average Shares and Invested Capital Average is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Weighted Average Shares of Altria Group are associated (or correlated) with its Invested Capital Average. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital Average has no effect on the direction of Weighted Average Shares i.e., Altria's Weighted Average Shares and Invested Capital Average go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period.

Invested Capital Average

Average invested capital value for the period used in the calculation of [ROIC]; and derived from [InvCap]. Invested capital is an input into the calculation of [ROIC]; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.
Most indicators from Altria fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altria Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Additionally, see Stocks Correlation.Net Cash Flow Business Acquisitions and Disposals is expected to rise to about 1.1 B this year, although the value of Selling General and Administrative Expense will most likely fall to about 2.3 B.
 2019 2020 2021 2022 (projected)
Interest Expense1.28 B1.21 B1.16 B1.18 B
Gross Profit12.71 B13.02 B13.99 B13.98 B

Altria fundamental ratios Correlations

0.42-0.640.38-0.40.43-0.65-0.150.37-0.350.77-0.261.00.460.46-0.190.27-0.4-0.540.480.29-0.090.17
0.42-0.05-0.040.11-0.04-0.27-0.380.04-0.410.34-0.440.42-0.03-0.03-0.28-0.04-0.280.160.70.680.40.5
-0.64-0.05-0.410.51-0.470.36-0.33-0.16-0.27-0.410.0-0.65-0.51-0.51-0.16-0.12-0.090.930.140.380.510.41
0.38-0.04-0.41-0.370.99-0.120.680.650.370.510.390.390.980.980.690.670.27-0.5-0.26-0.18-0.67-0.27
-0.40.110.51-0.37-0.490.79-0.23-0.450.02-0.41-0.24-0.4-0.49-0.49-0.05-0.440.260.570.30.290.490.57
0.43-0.04-0.470.99-0.49-0.240.670.680.340.560.370.441.01.00.640.70.21-0.55-0.27-0.2-0.69-0.33
-0.65-0.270.36-0.120.79-0.240.23-0.420.49-0.580.18-0.65-0.24-0.240.36-0.340.620.31-0.26-0.22-0.070.07
-0.15-0.38-0.330.68-0.230.670.230.350.86-0.20.53-0.150.650.650.960.450.72-0.45-0.56-0.5-0.69-0.71
0.370.04-0.160.65-0.450.68-0.420.35-0.190.49-0.020.370.70.70.330.99-0.34-0.14-0.07-0.05-0.27-0.19
-0.35-0.41-0.270.370.020.340.490.86-0.19-0.470.55-0.350.310.310.82-0.070.95-0.4-0.54-0.5-0.59-0.62
0.770.34-0.410.51-0.410.56-0.58-0.20.49-0.47-0.270.770.590.59-0.250.38-0.54-0.30.230.22-0.170.27
-0.26-0.440.00.39-0.240.370.180.53-0.020.55-0.27-0.260.30.30.530.10.5-0.34-0.57-0.51-0.49-0.5
1.00.42-0.650.39-0.40.44-0.65-0.150.37-0.350.77-0.260.460.46-0.190.28-0.4-0.550.470.27-0.10.16
0.46-0.03-0.510.98-0.491.0-0.240.650.70.310.590.30.461.00.620.70.18-0.56-0.25-0.2-0.69-0.31
0.46-0.03-0.510.98-0.491.0-0.240.650.70.310.590.30.461.00.620.70.18-0.56-0.25-0.2-0.69-0.31
-0.19-0.28-0.160.69-0.050.640.360.960.330.82-0.250.53-0.190.620.620.440.78-0.3-0.42-0.34-0.59-0.52
0.27-0.04-0.120.67-0.440.7-0.340.450.99-0.070.380.10.280.70.70.44-0.22-0.14-0.16-0.12-0.34-0.28
-0.4-0.28-0.090.270.260.210.620.72-0.340.95-0.540.5-0.40.180.180.78-0.22-0.22-0.35-0.29-0.4-0.37
-0.540.160.93-0.50.57-0.550.31-0.45-0.14-0.4-0.3-0.34-0.55-0.56-0.56-0.3-0.14-0.220.30.520.630.52
0.480.70.14-0.260.3-0.27-0.26-0.56-0.07-0.540.23-0.570.47-0.25-0.25-0.42-0.16-0.350.30.910.670.7
0.290.680.38-0.180.29-0.2-0.22-0.5-0.05-0.50.22-0.510.27-0.2-0.2-0.34-0.12-0.290.520.910.630.71
-0.090.40.51-0.670.49-0.69-0.07-0.69-0.27-0.59-0.17-0.49-0.1-0.69-0.69-0.59-0.34-0.40.630.670.630.67
0.170.50.41-0.270.57-0.330.07-0.71-0.19-0.620.27-0.50.16-0.31-0.31-0.52-0.28-0.370.520.70.710.67
Click cells to compare fundamentals

Altria Account Relationship Matchups

Altria fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories2.23 B2.33 B2.29 B1.97 B1.19 B1.45 B
Accounts Payable374 M399 M325 M380 M449 M480.44 M
Accumulated Other Comprehensive Income(1.9 B)(2.55 B)(2.86 B)(4.34 B)(3.06 B)(3.3 B)
Total Assets43.2 B55.46 B49.27 B47.41 B39.52 B44.68 B
Current Assets4.34 B4.3 B4.82 B7.12 B6.08 B5.71 B
Assets Non Current38.86 B51.16 B44.45 B40.3 B33.44 B38.03 B
Cash and Equivalents1.25 B1.33 B2.12 B4.95 B4.54 B4.17 B
Cash and Equivalents USD1.25 B1.33 B2.12 B4.95 B4.54 B4.17 B
Total Debt13.89 B25.75 B28.04 B29.47 B28.04 B25.74 B
Debt Non Current13.03 B11.9 B27.04 B27.97 B26.94 B24.01 B
Total Debt USD13.89 B25.75 B28.04 B29.47 B28.04 B25.74 B
Shareholders Equity15.38 B14.79 B6.22 B2.84 B(1.61 B)(1.65 B)
Shareholders Equity USD15.38 B14.79 B6.22 B2.84 B(1.61 B)(1.65 B)
Goodwill and Intangible Assets17.71 B17.48 B17.86 B17.79 B17.48 B19.31 B
Inventory2.23 B2.33 B2.29 B1.97 B1.19 B1.45 B
Investments17.95 B30.5 B23.58 B19.53 B13.48 B15.79 B
Investments Non Current17.95 B30.5 B23.58 B19.53 B13.48 B15.79 B
Total Liabilities27.78 B40.63 B42.91 B44.45 B41.13 B41.96 B
Current Liabilities6.79 B21.19 B8.17 B9.06 B8.58 B9.71 B
Liabilities Non Current20.99 B19.44 B34.74 B35.39 B32.55 B32.25 B
Trade and Non Trade Payables374 M399 M325 M380 M449 M409.75 M
Property Plant and Equipment Net1.91 B1.94 B2 B2.01 B1.55 B1.65 B
Accumulated Retained Earnings Deficit42.25 B43.96 B36.54 B34.68 B30.66 B34.64 B
Tax Liabilities5.25 B4.99 B5.08 B4.53 B3.69 B4.38 B

Altria Investors Sentiment

The influence of Altria's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Altria. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Altria's public news can be used to forecast risks associated with investment in Altria. The trend in average sentiment can be used to explain how an investor holding Altria can time the market purely based on public headlines and social activities around Altria Group. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Altria's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Altria's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Altria's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Altria.

Altria Implied Volatility

    
  25.63  
Altria's implied volatility exposes the market's sentiment of Altria Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Altria's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Altria stock will not fluctuate a lot when Altria's options are near their expiration.
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 Altria 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, Altria's short interest history, or implied volatility extrapolated from Altria options trading.

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Additionally, see Stocks Correlation. Note that the Altria Group information on this page should be used as a complementary analysis to other Altria'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Altria'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 Altria. If investors know Altria 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 Altria 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 YOY
-0.58
Market Capitalization
81.3 B
Quarterly Revenue Growth YOY
-0.035
Return On Assets
0.19
Return On Equity
0.39
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria'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 Altria's market value can be influenced by many factors that don't directly affect Altria'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 Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine Altria value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria'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.