Albertsons Consolidated Income from 2010 to 2024
ACI Stock | USD 20.46 0.02 0.1% |
Check Albertsons Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Albertsons main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 656.9 M or Selling And Marketing Expenses of 10.9 B, as well as many exotic indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0188 or PTB Ratio of 4.38. Albertsons financial statements analysis is a perfect complement when working with Albertsons Companies Valuation or Volatility modules.
Albertsons | Consolidated Income |
About Albertsons Companies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Albertsons Companies income statement, its balance sheet, and the statement of cash flows. Albertsons Companies investors use historical funamental indicators, such as Albertsons Companies's Consolidated Income, to determine how well the company is positioned to perform in the future. Although Albertsons Companies investors may use each financial statement separately, they are all related. The changes in Albertsons Companies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Albertsons Companies'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 Albertsons Companies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Albertsons Companies. Please read more on our technical analysis and fundamental analysis pages.
Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company was founded in 1860 and is headquartered in Boise, Idaho. Albertsons Companies operates under Grocery Stores classification in the United States and is traded on New York Stock Exchange. It employs 101500 people.
Pair Trading with Albertsons Companies
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 Albertsons Companies 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 Albertsons Companies will appreciate offsetting losses from the drop in the long position's value.Moving against Albertsons Stock
0.71 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
0.67 | COST | Costco Wholesale Corp Financial Report 23rd of May 2024 | PairCorr |
0.63 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
0.6 | CL | Colgate Palmolive Earnings Call This Week | PairCorr |
0.56 | TGT | Target Financial Report 15th of May 2024 | PairCorr |
The ability to find closely correlated positions to Albertsons Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albertsons Companies 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 Albertsons Companies - 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 Albertsons Companies to buy it.
The correlation of Albertsons Companies 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 Albertsons Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albertsons Companies 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 Albertsons Companies 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 Albertsons Companies Correlation against competitors. For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.Note that the Albertsons Companies information on this page should be used as a complementary analysis to other Albertsons Companies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Albertsons Stock analysis
When running Albertsons Companies' price analysis, check to measure Albertsons Companies' 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 Albertsons Companies is operating at the current time. Most of Albertsons Companies' value examination focuses on studying past and present price action to predict the probability of Albertsons Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albertsons Companies' price. Additionally, you may evaluate how the addition of Albertsons Companies to your portfolios can decrease your overall portfolio volatility.
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Albertsons Companies' 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 Albertsons Companies. If investors know Albertsons 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 Albertsons Companies 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 2.1 | Dividend Share 0.48 | Earnings Share 2.35 | Revenue Per Share 139.778 | Quarterly Revenue Growth 0.022 |
The market value of Albertsons Companies is measured differently than its book value, which is the value of Albertsons that is recorded on the company's balance sheet. Investors also form their own opinion of Albertsons Companies' value that differs from its market value or its book value, called intrinsic value, which is Albertsons Companies' 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 Albertsons Companies' market value can be influenced by many factors that don't directly affect Albertsons Companies' 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 Albertsons Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Albertsons Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albertsons Companies' 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.