American Other Liab vs Cash And Equivalents Analysis

AMH Stock  USD 36.41  0.65  1.82%   
American Homes financial indicator trend analysis is way more than just evaluating American Homes 4 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Homes 4 is a good investment. Please check the relationship between American Homes Other Liab and its Cash And Equivalents accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Homes 4. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Other Liab vs Cash And Equivalents

Other Liab vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Homes 4 Other Liab account and Cash And Equivalents. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Homes' Other Liab and Cash And Equivalents is 0.4. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of American Homes 4, assuming nothing else is changed. The correlation between historical values of American Homes' Other Liab and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of American Homes 4 are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Other Liab i.e., American Homes' Other Liab and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Liab

Cash And Equivalents

Most indicators from American Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Homes 4 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 Homes 4. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
As of now, American Homes' Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit716.8M825.7M467.8M504.2M
Total Revenue1.3B1.5B1.6B994.5M

American Homes fundamental ratios Correlations

-0.050.490.99-0.930.660.590.640.930.990.94-0.340.990.970.51-0.010.130.950.53-0.9-0.90.990.82-0.040.990.92
-0.05-0.78-0.10.050.620.36-0.44-0.07-0.090.130.4-0.09-0.10.640.220.350.110.120.020.02-0.14-0.070.29-0.10.1
0.49-0.780.51-0.42-0.3-0.060.770.50.490.32-0.510.50.54-0.35-0.29-0.360.35-0.15-0.38-0.380.550.29-0.330.520.36
0.99-0.10.51-0.920.620.580.640.940.990.89-0.371.00.940.49-0.090.110.90.52-0.89-0.890.990.82-0.080.990.86
-0.930.05-0.42-0.92-0.68-0.6-0.49-0.87-0.94-0.90.22-0.93-0.88-0.490.05-0.29-0.92-0.660.870.87-0.91-0.940.02-0.93-0.9
0.660.62-0.30.62-0.680.750.080.590.640.770.040.630.580.860.180.410.770.72-0.66-0.660.590.640.190.630.73
0.590.36-0.060.58-0.60.750.40.70.60.64-0.470.590.540.65-0.45-0.070.650.53-0.42-0.420.550.48-0.510.580.67
0.64-0.440.770.64-0.490.080.40.760.620.56-0.80.630.680.06-0.44-0.650.570.03-0.36-0.360.650.29-0.510.640.61
0.93-0.070.50.94-0.870.590.70.760.940.86-0.540.940.910.51-0.31-0.120.870.48-0.72-0.720.920.74-0.280.920.86
0.99-0.090.490.99-0.940.640.60.620.940.92-0.350.990.960.53-0.050.140.930.55-0.89-0.890.980.84-0.080.980.9
0.940.130.320.89-0.90.770.640.560.860.92-0.270.890.940.610.120.171.00.56-0.85-0.850.880.80.040.90.99
-0.340.4-0.51-0.370.220.04-0.47-0.8-0.54-0.35-0.27-0.36-0.370.00.660.73-0.270.050.050.05-0.37-0.120.76-0.36-0.32
0.99-0.090.51.0-0.930.630.590.630.940.990.89-0.360.940.5-0.080.130.910.54-0.89-0.890.990.83-0.070.990.87
0.97-0.10.540.94-0.880.580.540.680.910.960.94-0.370.940.430.00.040.940.44-0.83-0.830.950.75-0.070.940.93
0.510.64-0.350.49-0.490.860.650.060.510.530.610.00.50.430.140.260.60.54-0.43-0.430.410.460.150.450.58
-0.010.22-0.29-0.090.050.18-0.45-0.44-0.31-0.050.120.66-0.080.00.140.580.080.14-0.23-0.23-0.060.070.89-0.050.02
0.130.35-0.360.11-0.290.41-0.07-0.65-0.120.140.170.730.130.040.260.580.180.41-0.44-0.440.110.460.650.140.09
0.950.110.350.9-0.920.770.650.570.870.931.0-0.270.910.940.60.080.180.58-0.87-0.870.890.810.020.920.99
0.530.12-0.150.52-0.660.720.530.030.480.550.560.050.540.440.540.140.410.58-0.57-0.570.50.730.150.530.54
-0.90.02-0.38-0.890.87-0.66-0.42-0.36-0.72-0.89-0.850.05-0.89-0.83-0.43-0.23-0.44-0.87-0.571.0-0.9-0.83-0.21-0.91-0.8
-0.90.02-0.38-0.890.87-0.66-0.42-0.36-0.72-0.89-0.850.05-0.89-0.83-0.43-0.23-0.44-0.87-0.571.0-0.9-0.83-0.21-0.91-0.8
0.99-0.140.550.99-0.910.590.550.650.920.980.88-0.370.990.950.41-0.060.110.890.5-0.9-0.90.81-0.071.00.85
0.82-0.070.290.82-0.940.640.480.290.740.840.8-0.120.830.750.460.070.460.810.73-0.83-0.830.810.110.830.77
-0.040.29-0.33-0.080.020.19-0.51-0.51-0.28-0.080.040.76-0.07-0.070.150.890.650.020.15-0.21-0.21-0.070.11-0.05-0.05
0.99-0.10.520.99-0.930.630.580.640.920.980.9-0.360.990.940.45-0.050.140.920.53-0.91-0.911.00.83-0.050.88
0.920.10.360.86-0.90.730.670.610.860.90.99-0.320.870.930.580.020.090.990.54-0.8-0.80.850.77-0.050.88
Click cells to compare fundamentals

American Homes Account Relationship Matchups

American Homes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B9.6B11.0B12.2B11.8B8.2B
Other Current Liab4.6M(38.8M)(31.2M)451.8M(527.2M)(500.8M)
Total Current Liabilities247.8M303.8M693.5M614.4M2.5B2.6B
Total Stockholder Equity5.3B5.8B6.1B6.5B7.0B4.7B
Retained Earnings(465.4M)(443.5M)(438.7M)(440.8M)(394.9M)(414.7M)
Non Current Assets Total8.7B9.1B10.5B11.6B120.3M114.3M
Non Currrent Assets Other8.6B8.9B10.2B11.3B136.6M129.8M
Other Assets252.6M8.6B9.9B11.0B11.6B12.2B
Net Receivables29.6M41.5M41.6M47.8M42.8M27.0M
Common Stock Shares Outstanding299.9M307.1M325.5M349.8M362.5M257.5M
Liabilities And Stockholders Equity9.1B9.6B11.0B12.2B12.0B8.3B
Non Current Liabilities Total2.8B2.8B3.5B4.4B2.5B2.5B
Other Current Assets(230.6M)(306.6M)(268.7M)(293.8M)(291.4M)(276.8M)
Other Stockholder Equity5.8B6.2B6.5B6.9B7.4B5.1B
Total Liab3.1B3.1B4.2B5.0B5.0B3.0B
Total Current Assets395.8M469.8M450.0M597.2M59.4M56.4M
Net Debt2.8B2.7B3.8B4.4B2.4B2.6B
Accounts Payable243.2M298.9M343.5M5.7M36.1M34.3M
Cash37.6M137.1M48.2M69.2M59.4M84.0M
Cash And Short Term Investments37.6M137.1M48.2M69.2M59.4M84.0M
Common Stock Total Equity3.0M3.2M3.4M3.5M4.1M2.8M
Short Term Investments202.1M163.2M122.0M107.3M123.4M128.2M
Accumulated Other Comprehensive Income6.7M5.8M1.8M1.3M843K800.9K
Common Stock3.0M3.2M3.4M3.5M3.6M2.9M
Short Long Term Debt Total2.8B2.8B3.9B4.5B2.5B3.0B
Net Tangible Assets5.2B5.7B5.9B6.4B7.3B5.1B
Noncontrolling Interest In Consolidated Entity683.4M683.3M678.9M678.7M780.5M693.9M
Long Term Debt2.8B2.8B3.5B4.4B4.4B2.7B
Retained Earnings Total Equity(465.4M)(443.5M)(438.7M)(440.8M)(396.7M)(416.5M)
Long Term Debt Total2.8B2.8B3.5B4.5B5.2B2.6B
Capital Surpluse5.8B6.2B6.5B6.9B8.0B5.9B
Non Current Liabilities Other84.8M90.6M105.8M188.8M108.7M103.3M

Pair Trading with American Homes

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 Homes 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 Homes will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

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Moving against American Stock

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  0.46COLD Americold Realty Trust Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to American Homes 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 Homes 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 Homes - 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 Homes 4 to buy it.
The correlation of American Homes 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 Homes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Homes 4 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 Homes 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.
Pair CorrelationCorrelation Matching
When determining whether American Homes 4 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Homes 4 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Homes 4 Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Homes 4. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running American Homes' price analysis, check to measure American Homes' 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 Homes is operating at the current time. Most of American Homes' value examination focuses on studying past and present price action to predict the probability of American Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Homes' price. Additionally, you may evaluate how the addition of American Homes to your portfolios can decrease your overall portfolio volatility.
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Is American Homes' 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 Homes. 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 Homes 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
(0.12)
Dividend Share
0.88
Earnings Share
1.01
Revenue Per Share
4.485
Quarterly Revenue Growth
0.073
The market value of American Homes 4 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 Homes' value that differs from its market value or its book value, called intrinsic value, which is American Homes' 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 Homes' market value can be influenced by many factors that don't directly affect American Homes' 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 Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Homes' 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.