American Property Plant Equipment vs Good Will Analysis
AIG Stock | USD 78.99 1.12 1.40% |
American International financial indicator trend analysis is way more than just evaluating American International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American International is a good investment. Please check the relationship between American International Property Plant Equipment and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Property Plant Equipment vs Good Will
Property Plant Equipment vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American International Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American International's Property Plant Equipment and Good Will is -0.01. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will in the same time period over historical financial statements of American International Group, assuming nothing else is changed. The correlation between historical values of American International's Property Plant Equipment and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of American International Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant Equipment i.e., American International's Property Plant Equipment and Good Will go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from American International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American International 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 American International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. The current Selling General Administrative is estimated to decrease to about 8.2 B. The current Discontinued Operations is estimated to decrease to about (1.2 M)
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 51.9B | 56.5B | 47.3B | 52.5B | Interest Expense | 1.3B | 1.1B | 1.1B | 1.8B |
American International fundamental ratios Correlations
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American International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 525.1B | 586.5B | 596.1B | 526.6B | 539.3B | 466.0B | |
Short Long Term Debt Total | 35.4B | 37.5B | 30.2B | 27.2B | 22.4B | 21.3B | |
Total Stockholder Equity | 65.7B | 66.4B | 66.0B | 40.0B | 45.4B | 56.3B | |
Net Debt | 32.5B | 34.7B | 28.0B | 25.1B | 20.2B | 19.2B | |
Retained Earnings | 23.1B | 15.5B | 23.8B | 33.0B | 37.5B | 28.1B | |
Other Assets | (28.3B) | (17.5B) | (10.7B) | 449.5B | 454.0B | 476.7B | |
Common Stock Shares Outstanding | 889.5M | 869.3M | 864.9M | 787.9M | 725.2M | 502.6M | |
Liabilities And Stockholders Equity | 525.1B | 586.5B | 596.1B | 526.6B | 539.3B | 466.0B | |
Non Current Liabilities Total | 35.4B | 37.5B | 30.2B | 432.7B | 468.2B | 491.6B | |
Other Stockholder Equity | 32.4B | 32.1B | 30.2B | 23.8B | 16.6B | 18.3B | |
Total Liab | 35.4B | 37.5B | 30.2B | 484.4B | 488.0B | 366.7B | |
Total Current Liabilities | 41.9B | 6.1B | 4.8B | 51.7B | 19.8B | 18.8B | |
Property Plant And Equipment Net | 262.7B | 287.5B | 289.9B | 1.6B | 1.4B | 1.3B | |
Non Current Assets Total | 275.9B | 300.1B | 301.6B | 15.1B | 14.4B | 13.7B | |
Net Receivables | 10.3B | 11.3B | 12.4B | 13.2B | 10.6B | 16.6B | |
Other Current Assets | 39.4B | 45.6B | 37.8B | (12.4B) | 40.4B | 38.4B | |
Total Current Assets | 277.4B | 303.9B | 305.2B | 62.0B | 70.9B | 90.2B | |
Accumulated Other Comprehensive Income | 5.0B | 13.5B | 6.7B | (22.1B) | (14.0B) | (13.3B) | |
Short Term Debt | 1.5B | 1.9B | 68M | 1.5B | 250M | 237.5M | |
Intangible Assets | 12.4B | 10.7B | 11.4B | 16.3B | 12.5B | 7.9B | |
Non Currrent Assets Other | (275.9B) | (300.1B) | (301.6B) | (249.1B) | (259.8B) | (272.8B) | |
Other Current Liab | 40.4B | 4.2B | 4.7B | 4.7B | 19.5B | 18.6B | |
Accounts Payable | 78.3B | 77.7B | 79.0B | 30.4B | 34.9B | 24.0B | |
Cash | 2.9B | 2.8B | 2.2B | 2.0B | 2.2B | 2.0B | |
Cash And Short Term Investments | 267.2B | 292.5B | 292.8B | 240.6B | 251.1B | 197.0B | |
Short Term Investments | 264.3B | 289.7B | 290.6B | 238.5B | 248.9B | 195.0B | |
Other Liab | 317.0B | 342.3B | 357.9B | 324.9B | 373.7B | 354.4B | |
Long Term Debt | 35.4B | 80.6B | 70.9B | 57.6B | 22.1B | 21.0B | |
Treasury Stock | (49.0B) | (49.3B) | (51.6B) | (56.5B) | (50.8B) | (48.3B) | |
Good Will | 4.0B | 4.1B | 4.1B | 3.9B | 3.5B | 3.5B | |
Noncontrolling Interest In Consolidated Entity | 1.8B | 837M | 3.0B | 2.2B | 2.0B | 2.3B | |
Retained Earnings Total Equity | 23.1B | 15.5B | 23.8B | 33.0B | 38.0B | 20.5B | |
Deferred Long Term Liab | 430M | 281M | 307M | 889M | 1.0B | 1.1B |
Pair Trading with American International
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 American International 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 American International will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
0.84 | FIHL | Fidelis Insurance Report 28th of June 2024 | PairCorr |
0.73 | AEG | Aegon NV ADR | PairCorr |
0.83 | EQH | Axa Equitable Holdings Sell-off Trend | PairCorr |
Moving against American Stock
0.64 | GSHD | Goosehead Insurance | PairCorr |
The ability to find closely correlated positions to American International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American International 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 American International - 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 American International Group to buy it.
The correlation of American International 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 American International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American International 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 American International 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, which includes a position in American International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running American International's price analysis, check to measure American International'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 American International is operating at the current time. Most of American International's value examination focuses on studying past and present price action to predict the probability of American International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American International's price. Additionally, you may evaluate how the addition of American International to your portfolios can decrease your overall portfolio volatility.
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Is American International'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 American International. If investors know American 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 American International 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 57 | Dividend Share 1.44 | Earnings Share 6.69 | Revenue Per Share 68.558 | Quarterly Revenue Growth 0.154 |
The market value of American International is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American International's value that differs from its market value or its book value, called intrinsic value, which is American International'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 American International's market value can be influenced by many factors that don't directly affect American International'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 American International's value and its price as these two are different measures arrived at by different means. Investors typically determine if American International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American International'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.