Alliant Financial Statements From 2010 to 2024
Alliant Techsystems financial statements provide useful quarterly and yearly information to potential Alliant Techsystems investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Alliant Techsystems financial statements helps investors assess Alliant Techsystems' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Alliant Techsystems' valuation are summarized below:Alliant Techsystems does not presently have any fundamental signals for analysis.
This module can also supplement various Alliant Techsystems Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Check Alliant Techsystems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alliant main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Alliant financial statements analysis is a perfect complement when working with Alliant Techsystems Valuation or Volatility modules.
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Alliant Techsystems Company Shares Outstanding Analysis
Alliant Techsystems' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Alliant Techsystems Shares Outstanding | 31.94 M |
Most of Alliant Techsystems' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alliant Techsystems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionBased on the latest financial disclosure, Alliant Techsystems has 31.94 M of shares currently outstending. This is much higher than that of the sector and significantly higher than that of the Shares Outstanding industry. The shares outstanding for all United States stocks is notably lower than that of the firm.
Alliant Techsystems Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alliant Techsystems's current stock value. Our valuation model uses many indicators to compare Alliant Techsystems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alliant Techsystems competition to find correlations between indicators driving Alliant Techsystems's intrinsic value. More Info.Alliant Techsystems is number one stock in return on asset category among related companies. It is number one stock in profit margin category among related companies fabricating about 0.87 of Profit Margin per Return On Asset. The ratio of Return On Asset to Profit Margin for Alliant Techsystems is roughly 1.15 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alliant Techsystems by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alliant Techsystems' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alliant Techsystems' earnings, one of the primary drivers of an investment's value.Pair Trading with Alliant Techsystems
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 Alliant Techsystems 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 Alliant Techsystems will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Cummins could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cummins 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 Cummins - 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 Cummins to buy it.
The correlation of Cummins 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 Cummins moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cummins 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 Cummins 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Alliant Stock
If you are still planning to invest in Alliant Techsystems check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alliant Techsystems' history and understand the potential risks before investing.
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