Affiliated Price To Book Ratio from 2010 to 2024
| AMG Stock | USD 161.47 0.16 0.1% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 1.48132389 | Current Value 1.41 | Quarterly Volatility 1.65611374 |
Check Affiliated Managers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Affiliated main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.4 M, Interest Expense of 70.2 M or Selling General Administrative of 413.2 M, as well as many exotic indicators such as Price To Sales Ratio of 3.45, Dividend Yield of 3.0E-4 or PTB Ratio of 1.41. Affiliated financial statements analysis is a perfect complement when working with Affiliated Managers Valuation or Volatility modules.
Affiliated | Price To Book Ratio |
Latest Affiliated Managers' Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Affiliated Managers Group over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. Affiliated Managers' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Affiliated Managers' overall financial position and show how it may be relating to other accounts over time.
| Price To Book Ratio | 10 Years Trend |
|
Price To Book Ratio |
| Timeline |
Affiliated Price To Book Ratio Regression Statistics
| Arithmetic Mean | 2.87 | |
| Geometric Mean | 2.52 | |
| Coefficient Of Variation | 57.70 | |
| Mean Deviation | 1.21 | |
| Median | 2.45 | |
| Standard Deviation | 1.66 | |
| Sample Variance | 2.74 | |
| Range | 5.7499 | |
| R-Value | (0.75) | |
| Mean Square Error | 1.28 | |
| R-Squared | 0.57 | |
| Significance | 0 | |
| Slope | (0.28) | |
| Total Sum of Squares | 38.40 |
Affiliated Price To Book Ratio History
About Affiliated Managers Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Affiliated Managers income statement, its balance sheet, and the statement of cash flows. Affiliated Managers investors use historical funamental indicators, such as Affiliated Managers's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Affiliated Managers investors may use each financial statement separately, they are all related. The changes in Affiliated Managers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Affiliated Managers'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 Affiliated Managers Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Affiliated Managers. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Book Ratio | 1.48 | 1.41 |
Pair Trading with Affiliated Managers
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 Affiliated Managers 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 Affiliated Managers will appreciate offsetting losses from the drop in the long position's value.Moving together with Affiliated Stock
| 0.61 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
| 0.84 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.69 | FCFS | FirstCash Earnings Call Tomorrow | PairCorr |
Moving against Affiliated Stock
| 0.72 | ECPG | Encore Capital Group Financial Report 1st of May 2024 | PairCorr |
| 0.69 | AC | Associated Capital | PairCorr |
| 0.53 | DHIL | Diamond Hill Investment | PairCorr |
| 0.49 | AX | Axos Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Affiliated Managers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Affiliated Managers 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 Affiliated Managers - 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 Affiliated Managers Group to buy it.
The correlation of Affiliated Managers 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 Affiliated Managers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Affiliated Managers 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 Affiliated Managers 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 Affiliated Managers Correlation against competitors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Affiliated Stock analysis
When running Affiliated Managers' price analysis, check to measure Affiliated Managers' 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 Affiliated Managers is operating at the current time. Most of Affiliated Managers' value examination focuses on studying past and present price action to predict the probability of Affiliated Managers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Affiliated Managers' price. Additionally, you may evaluate how the addition of Affiliated Managers to your portfolios can decrease your overall portfolio volatility.
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Is Affiliated Managers' 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 Affiliated Managers. If investors know Affiliated 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 Affiliated Managers 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 (0.72) | Dividend Share 0.04 | Earnings Share 17.42 | Revenue Per Share 58.627 | Quarterly Revenue Growth (0.07) |
The market value of Affiliated Managers is measured differently than its book value, which is the value of Affiliated that is recorded on the company's balance sheet. Investors also form their own opinion of Affiliated Managers' value that differs from its market value or its book value, called intrinsic value, which is Affiliated Managers' 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 Affiliated Managers' market value can be influenced by many factors that don't directly affect Affiliated Managers' 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 Affiliated Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affiliated Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affiliated Managers' 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.