Alignment Cash from 2010 to 2024

ALHC Stock  USD 6.83  0.08  1.16%   
Alignment Healthcare's Cash is increasing over the years with slightly volatile fluctuation. Overall, Cash is expected to go to about 302 M this year. Cash is the total amount of money in the form of currency that Alignment Healthcare LLC has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2010-12-31
Previous Quarter
202.9 M
Current Value
302 M
Quarterly Volatility
129.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alignment Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alignment main balance sheet or income statement drivers, such as Tax Provision of 112.9 K, Depreciation And Amortization of 19.1 M or Interest Expense of 19.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0 or PTB Ratio of 14.69. Alignment financial statements analysis is a perfect complement when working with Alignment Healthcare Valuation or Volatility modules.
  
This module can also supplement Alignment Healthcare's financial leverage analysis and stock options assessment as well as various Alignment Healthcare Technical models . Check out the analysis of Alignment Healthcare Correlation against competitors.

Latest Alignment Healthcare's Cash Growth Pattern

Below is the plot of the Cash of Alignment Healthcare LLC over the last few years. Cash refers to the most liquid asset of Alignment Healthcare LLC, which is listed under current asset account on Alignment Healthcare LLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alignment Healthcare customers. The amounts must be unrestricted with restricted cash listed in a different Alignment Healthcare account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Alignment Healthcare's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alignment Healthcare's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Alignment Cash Regression Statistics

Arithmetic Mean163,548,704
Geometric Mean130,909,478
Coefficient Of Variation79.11
Mean Deviation102,752,939
Median86,484,000
Standard Deviation129,390,333
Sample Variance16741.9T
Range380.1M
R-Value0.70
Mean Square Error9086.4T
R-Squared0.50
Significance0
Slope20,377,100
Total Sum of Squares234386T

Alignment Cash History

2024302 M
2023202.9 M
2022409.5 M
2021466.6 M
2020207.3 M

Other Fundumenentals of Alignment Healthcare LLC

Alignment Healthcare Cash component correlations

About Alignment Healthcare Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alignment Healthcare income statement, its balance sheet, and the statement of cash flows. Alignment Healthcare investors use historical funamental indicators, such as Alignment Healthcare's Cash, to determine how well the company is positioned to perform in the future. Although Alignment Healthcare investors may use each financial statement separately, they are all related. The changes in Alignment Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alignment Healthcare'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 Alignment Healthcare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alignment Healthcare. Please read more on our technical analysis and fundamental analysis pages.

Pair Trading with Alignment Healthcare

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

Moving against Alignment Stock

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The ability to find closely correlated positions to Alignment Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alignment Healthcare 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 Alignment Healthcare - 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 Alignment Healthcare LLC to buy it.
The correlation of Alignment Healthcare 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 Alignment Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alignment Healthcare LLC 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 Alignment Healthcare 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 Alignment Healthcare LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alignment Healthcare's 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 Alignment Healthcare Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alignment Healthcare Llc Stock:
Check out the analysis of Alignment Healthcare Correlation against competitors.
Note that the Alignment Healthcare LLC information on this page should be used as a complementary analysis to other Alignment Healthcare's 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Alignment Healthcare's price analysis, check to measure Alignment Healthcare'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 Alignment Healthcare is operating at the current time. Most of Alignment Healthcare's value examination focuses on studying past and present price action to predict the probability of Alignment Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alignment Healthcare's price. Additionally, you may evaluate how the addition of Alignment Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Alignment Healthcare'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 Alignment Healthcare. If investors know Alignment 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 Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.84)
Revenue Per Share
10.726
Quarterly Revenue Growth
0.431
Return On Assets
(0.12)
Return On Equity
(0.88)
The market value of Alignment Healthcare LLC is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment Healthcare'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 Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment Healthcare'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 Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alignment Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment Healthcare'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.