Alto Stock Based Compensation from 2010 to 2024
| ALTO Stock | USD 1.65 0.17 11.49% |
Stock Based Compensation | First Reported 2006-12-31 | Previous Quarter 1.6 M | Current Value 862 K | Quarterly Volatility 700.3 K |
Check Alto Ingredients financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alto Ingredients' main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.8 M, Interest Expense of 7.9 M or Selling General Administrative of 21.5 M, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.0062 or PTB Ratio of 0.66. Alto financial statements analysis is a perfect complement when working with Alto Ingredients Valuation or Volatility modules.
Alto | Stock Based Compensation |
Latest Alto Ingredients' Stock Based Compensation Growth Pattern
Below is the plot of the Stock Based Compensation of Alto Ingredients over the last few years. It is compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders. Alto Ingredients' Stock Based Compensation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alto Ingredients' overall financial position and show how it may be relating to other accounts over time.
| Stock Based Compensation | 10 Years Trend |
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Stock Based Compensation |
| Timeline |
Alto Stock Based Compensation Regression Statistics
| Arithmetic Mean | 2,770,151 | |
| Geometric Mean | 2,580,201 | |
| Coefficient Of Variation | 34.42 | |
| Mean Deviation | 724,141 | |
| Median | 2,809,000 | |
| Standard Deviation | 953,486 | |
| Sample Variance | 909.1B | |
| Range | 3.7M | |
| R-Value | 0.36 | |
| Mean Square Error | 855.4B | |
| R-Squared | 0.13 | |
| Significance | 0.19 | |
| Slope | 75,774 | |
| Total Sum of Squares | 12.7T |
Alto Stock Based Compensation History
Other Fundumenentals of Alto Ingredients
Alto Ingredients Stock Based Compensation component correlations
Click cells to compare fundamentals
About Alto Ingredients Financial Statements
Alto Ingredients investors utilize fundamental indicators, such as Stock Based Compensation, to predict how Alto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Stock Based Compensation | 3.9 M | 2.9 M |
Pair Trading with Alto Ingredients
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 Alto Ingredients 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 Alto Ingredients will appreciate offsetting losses from the drop in the long position's value.Moving together with Alto Stock
Moving against Alto Stock
| 0.64 | ECVT | Ecovyst | PairCorr |
| 0.5 | ALB-PA | Albemarle | PairCorr |
| 0.5 | ALB | Albemarle Corp | PairCorr |
| 0.48 | ESI | Element Solutions Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Alto Ingredients could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alto Ingredients 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 Alto Ingredients - 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 Alto Ingredients to buy it.
The correlation of Alto Ingredients 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 Alto Ingredients moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alto Ingredients 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 Alto Ingredients 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 Alto Ingredients Correlation against competitors. To learn how to invest in Alto Stock, please use our How to Invest in Alto Ingredients guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Oil & Gas Refining & Marketing space 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 Alto Ingredients. If investors know Alto 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 Alto Ingredients 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 (0.66) | Earnings Share (0.51) | Revenue Per Share 13.684 | Quarterly Revenue Growth (0.21) | Return On Assets (0.03) |
The market value of Alto Ingredients is measured differently than its book value, which is the value of Alto that is recorded on the company's balance sheet. Investors also form their own opinion of Alto Ingredients' value that differs from its market value or its book value, called intrinsic value, which is Alto Ingredients' 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 Alto Ingredients' market value can be influenced by many factors that don't directly affect Alto Ingredients' 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 Alto Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alto Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alto Ingredients' 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.