Alumis Total Stockholder Equity vs Retained Earnings Analysis
| ALMS Stock | 8.41 0.37 4.60% |
Alumis Common financial indicator trend analysis is way more than just evaluating Alumis Common Stock prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alumis Common Stock is a good investment. Please check the relationship between Alumis Common Total Stockholder Equity and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alumis Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Total Stockholder Equity vs Retained Earnings
Total Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alumis Common Stock Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Alumis Common's Total Stockholder Equity and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Alumis Common Stock, assuming nothing else is changed. The correlation between historical values of Alumis Common's Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Alumis Common Stock are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Alumis Common's Total Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Alumis Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alumis Common Stock 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. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alumis Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. Enterprise Value is likely to gain to about 709.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 18.2 M in 2024.
| 2010 | 2023 | 2024 (projected) | Interest Income | 2.0M | 3.4M | 2.9M | Net Interest Income | 2.0M | 3.4M | 2.9M |
Alumis Common fundamental ratios Correlations
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Alumis Common Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Alumis Common's price analysis, check to measure Alumis Common's 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 Alumis Common is operating at the current time. Most of Alumis Common's value examination focuses on studying past and present price action to predict the probability of Alumis Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumis Common's price. Additionally, you may evaluate how the addition of Alumis Common to your portfolios can decrease your overall portfolio volatility.