Alerus Enterprise Value Over E B I T D A from 2010 to 2024
| ALRS Stock | USD 19.96 0.17 0.86% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 131.23821375 | Current Value 137.8 | Quarterly Volatility 45.92190421 |
Check Alerus Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alerus main balance sheet or income statement drivers, such as Interest Expense of 24.8 M, Selling General Administrative of 71.3 M or Total Revenue of 157.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0199 or PTB Ratio of 1.04. Alerus financial statements analysis is a perfect complement when working with Alerus Financial Valuation or Volatility modules.
Alerus | Enterprise Value Over E B I T D A |
Latest Alerus Financial's Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of Alerus Financial Corp over the last few years. It is Alerus Financial's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alerus Financial's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
|
Enterprise Value Over E B I T D A |
| Timeline |
Alerus Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | 21.63 | |
| Coefficient Of Variation | 212.31 | |
| Mean Deviation | 30.10 | |
| Median | 4.91 | |
| Standard Deviation | 45.92 | |
| Sample Variance | 2,109 | |
| Range | 138 | |
| R-Value | 0.62 | |
| Mean Square Error | 1,388 | |
| R-Squared | 0.39 | |
| Significance | 0.01 | |
| Slope | 6.40 | |
| Total Sum of Squares | 29,523 |
Alerus Enterprise Value Over E B I T D A History
About Alerus Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Alerus Financial income statement, its balance sheet, and the statement of cash flows. Alerus Financial investors use historical funamental indicators, such as Alerus Financial's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Alerus Financial investors may use each financial statement separately, they are all related. The changes in Alerus Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alerus Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alerus Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alerus Financial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | 131.24 | 137.80 |
Pair Trading with Alerus Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alerus Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alerus Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Alerus Stock
| 0.69 | AC | Associated Capital | PairCorr |
Moving against Alerus Stock
| 0.71 | LU | Lufax Holding Financial Report 27th of May 2024 | PairCorr |
| 0.7 | DB | Deutsche Bank AG | PairCorr |
| 0.61 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.47 | DIST | Distoken Acquisition | PairCorr |
| 0.45 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
The ability to find closely correlated positions to Alerus Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alerus Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alerus Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alerus Financial Corp to buy it.
The correlation of Alerus Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alerus Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alerus Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alerus Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Alerus Financial Correlation against competitors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Alerus Stock analysis
When running Alerus Financial's price analysis, check to measure Alerus Financial'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 Alerus Financial is operating at the current time. Most of Alerus Financial's value examination focuses on studying past and present price action to predict the probability of Alerus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alerus Financial's price. Additionally, you may evaluate how the addition of Alerus Financial to your portfolios can decrease your overall portfolio volatility.
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Is Alerus Financial'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 Alerus Financial. If investors know Alerus 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 Alerus Financial 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 (0.20) | Dividend Share 0.76 | Earnings Share 0.5 | Revenue Per Share 8.322 | Quarterly Revenue Growth (0.02) |
The market value of Alerus Financial Corp is measured differently than its book value, which is the value of Alerus that is recorded on the company's balance sheet. Investors also form their own opinion of Alerus Financial's value that differs from its market value or its book value, called intrinsic value, which is Alerus Financial'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 Alerus Financial's market value can be influenced by many factors that don't directly affect Alerus Financial'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 Alerus Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alerus Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alerus Financial'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.