Ally Earnings before Tax from 2010 to 2024
| ALLY Stock | USD 39.74 0.69 1.77% |
Check Ally Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ally main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 5.2 B or Selling General Administrative of 4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0428 or PTB Ratio of 0.46. Ally financial statements analysis is a perfect complement when working with Ally Financial Valuation or Volatility modules.
Ally | Earnings before Tax |
About Ally Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ally Financial income statement, its balance sheet, and the statement of cash flows. Ally Financial investors use historical funamental indicators, such as Ally Financial's Earnings before Tax, to determine how well the company is positioned to perform in the future. Although Ally Financial investors may use each financial statement separately, they are all related. The changes in Ally Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ally Financial'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 Ally Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ally Financial. Please read more on our technical analysis and fundamental analysis pages.
Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan. Ally Financial operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 10500 people.
Ally Financial Investors Sentiment
The influence of Ally Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ally. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ally Financial's public news can be used to forecast risks associated with an investment in Ally. The trend in average sentiment can be used to explain how an investor holding Ally can time the market purely based on public headlines and social activities around Ally Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ally Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ally Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ally Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ally Financial.
Ally Financial Implied Volatility | 30.79 |
Ally Financial's implied volatility exposes the market's sentiment of Ally Financial stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ally Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ally Financial stock will not fluctuate a lot when Ally Financial's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ally Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ally Financial's short interest history, or implied volatility extrapolated from Ally Financial options trading.
Pair Trading with Ally 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 Ally 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 Ally Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Ally Stock
| 0.75 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
| 0.78 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.66 | MA | Mastercard Financial Report 25th of April 2024 | PairCorr |
| 0.84 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
Moving against Ally Stock
| 0.47 | ECPG | Encore Capital Group Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Ally 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 Ally 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 Ally 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 Ally Financial to buy it.
The correlation of Ally 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 Ally Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ally 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 Ally 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 the analysis of Ally Financial Correlation against competitors. For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Ally Stock analysis
When running Ally Financial's price analysis, check to measure Ally Financial'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 Ally Financial is operating at the current time. Most of Ally Financial's value examination focuses on studying past and present price action to predict the probability of Ally Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ally Financial's price. Additionally, you may evaluate how the addition of Ally Financial to your portfolios can decrease your overall portfolio volatility.
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Is Ally 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 Ally Financial. If investors know Ally 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 Ally 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 (0.56) | Dividend Share 1.2 | Earnings Share 2.45 | Revenue Per Share 22.683 | Quarterly Revenue Growth (0.10) |
The market value of Ally Financial is measured differently than its book value, which is the value of Ally that is recorded on the company's balance sheet. Investors also form their own opinion of Ally Financial's value that differs from its market value or its book value, called intrinsic value, which is Ally 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 Ally Financial's market value can be influenced by many factors that don't directly affect Ally 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 Ally Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ally Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ally 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.