AmeriServ Common Stock vs Net Invested Capital Analysis
ASRV Stock | USD 2.38 0.06 2.46% |
AmeriServ Financial financial indicator trend analysis is way more than just evaluating AmeriServ Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AmeriServ Financial is a good investment. Please check the relationship between AmeriServ Financial Common Stock and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AmeriServ Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.
Common Stock vs Net Invested Capital
Common Stock vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AmeriServ Financial Common Stock account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between AmeriServ Financial's Common Stock and Net Invested Capital is 0.13. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of AmeriServ Financial, assuming nothing else is changed. The correlation between historical values of AmeriServ Financial's Common Stock and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of AmeriServ Financial are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock i.e., AmeriServ Financial's Common Stock and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from AmeriServ Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AmeriServ Financial 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 AmeriServ Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.At this time, AmeriServ Financial's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 79.52 in 2024, despite the fact that Tax Provision is likely to grow to (989.9 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 56.8M | 8.2M | 77.2M | 41.5M | Total Revenue | 56.8M | 8.2M | 77.2M | 41.5M |
AmeriServ Financial fundamental ratios Correlations
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AmeriServ Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AmeriServ Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 17.4M | 17.1M | 17.1M | 17.1M | 17.1M | 17.2M | |
Total Assets | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B | 1.0B | |
Short Long Term Debt Total | 100.6M | 89.7M | 42.7M | 158.1M | 115.6M | 153.3M | |
Total Current Liabilities | 22.4M | 89.7M | 42.7M | 92.0M | 1.0B | 1.1B | |
Total Stockholder Equity | 98.6M | 104.4M | 116.5M | 104.0M | 102.3M | 113.5M | |
Property Plant And Equipment Net | 18.6M | 18.1M | 17.4M | 17.5M | 17.2M | 11.3M | |
Net Debt | 78.4M | 58.2M | 1.6M | 135.2M | 101.5M | 123.8M | |
Retained Earnings | 51.8M | 54.6M | 60.0M | 65.5M | 58.9M | 41.4M | |
Cash | 22.2M | 31.5M | 41.1M | 23.0M | 14.0M | 13.3M | |
Non Current Assets Total | 212.2M | 218.4M | 248.1M | 34.0M | 1.4B | 908.1M | |
Non Currrent Assets Other | (4.0M) | (1.6M) | (248.1M) | (241.4M) | 1.3B | 1.4B | |
Other Assets | 791.6M | 880.6M | 879.2M | 1.3B | 1.5B | 1.6B | |
Cash And Short Term Investments | 163.9M | 175.7M | 204.3M | 18.8M | (112.2M) | (106.6M) | |
Liabilities And Stockholders Equity | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B | 1.0B | |
Non Current Liabilities Total | 78.2M | 89.4M | 73.8M | 1.2B | 262.0M | 248.9M | |
Other Stockholder Equity | 62.8M | 62.7M | 62.8M | 60.8M | 63.1M | 53.4M | |
Total Liab | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B | 927.5M | |
Property Plant And Equipment Gross | 18.6M | 18.1M | 43.6M | 44.0M | 44.3M | 46.5M | |
Total Current Assets | 167.4M | 180.7M | 208.3M | 23.6M | 20.4M | 19.4M | |
Short Term Debt | 22.4M | 89.7M | 42.7M | 108.4M | 49.3M | 72.0M | |
Net Receivables | 3.4M | 5.1M | 4.0M | 4.8M | 5.5M | 5.5M | |
Other Current Liab | (22.4M) | (89.7M) | (42.7M) | (16.4M) | 976.1M | 788.6M | |
Inventory | (26.5M) | (36.6M) | (46.1M) | (28.7M) | 106.7M | 112.0M | |
Other Current Assets | 26.5M | 36.6M | 46.1M | 28.7M | 20.4M | 19.4M | |
Accumulated Other Comprehensive Income | (16.2M) | (13.2M) | (6.5M) | (22.5M) | (20.0M) | (19.0M) | |
Other Liab | 11.5M | 23.2M | 10.4M | 3.8M | 3.4M | 3.2M | |
Accounts Payable | 960.5M | 1.1B | 1.1B | 1.1B | 1.3B | 916.3M | |
Long Term Debt | 20.5M | 20.5M | 69.3M | 26.6M | 71.2M | 63.2M | |
Short Term Investments | 141.7M | 144.2M | 163.2M | 179.5M | 165.7M | 105.9M | |
Treasury Stock | (78.2M) | (80.6M) | (83.1M) | (83.3M) | (75.0M) | (78.7M) | |
Property Plant Equipment | 14.6M | 14.3M | 17.4M | 14.5M | 16.6M | 13.1M | |
Retained Earnings Total Equity | 46.7M | 51.8M | 54.6M | 65.5M | 75.3M | 38.7M | |
Net Tangible Assets | 86.7M | 92.5M | 102.8M | 92.6M | 106.5M | 96.2M | |
Capital Surpluse | 145.8M | 145.9M | 146.0M | 146.2M | 168.2M | 160.2M | |
Long Term Investments | 1.1B | 1.2B | 216.9M | 1.2B | 229.7M | 218.2M | |
Non Current Liabilities Other | 5.4M | 15.5M | 10.2M | 14.1M | 16.2M | 11.6M |
Pair Trading with AmeriServ Financial
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 AmeriServ Financial 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 AmeriServ Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AmeriServ Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AmeriServ Financial 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 AmeriServ Financial - 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 AmeriServ Financial to buy it.
The correlation of AmeriServ Financial 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 AmeriServ Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AmeriServ Financial 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 AmeriServ Financial 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 AmeriServ Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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Is AmeriServ Financial'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 AmeriServ Financial. If investors know AmeriServ 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 AmeriServ Financial 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 0.244 | Dividend Share 0.12 | Earnings Share (0.18) | Revenue Per Share 2.647 | Quarterly Revenue Growth 0.029 |
The market value of AmeriServ Financial is measured differently than its book value, which is the value of AmeriServ that is recorded on the company's balance sheet. Investors also form their own opinion of AmeriServ Financial's value that differs from its market value or its book value, called intrinsic value, which is AmeriServ Financial'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 AmeriServ Financial's market value can be influenced by many factors that don't directly affect AmeriServ Financial'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 AmeriServ Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if AmeriServ Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AmeriServ Financial'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.