Allison EBITDA Margin from 2010 to 2024
| ALSN Stock | USD 80.03 0.28 0.35% |
Check Allison Transmission financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allison main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.9 M, Interest Expense of 114.9 M or Selling General Administrative of 280.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0128 or PTB Ratio of 4.43. Allison financial statements analysis is a perfect complement when working with Allison Transmission Valuation or Volatility modules.
Allison | EBITDA Margin |
About Allison Transmission Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Allison Transmission income statement, its balance sheet, and the statement of cash flows. Allison Transmission investors use historical funamental indicators, such as Allison Transmission's EBITDA Margin, to determine how well the company is positioned to perform in the future. Although Allison Transmission investors may use each financial statement separately, they are all related. The changes in Allison Transmission's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Allison Transmission'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 Allison Transmission Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Allison Transmission. Please read more on our technical analysis and fundamental analysis pages.
Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical U.S. defense vehicles worldwide. Allison Transmission Holdings, Inc. was founded in 1915 and is headquartered in Indianapolis, Indiana. Allison Transmission operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 3400 people.
Pair Trading with Allison Transmission
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 Allison Transmission 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 Allison Transmission will appreciate offsetting losses from the drop in the long position's value.Moving together with Allison Stock
| 0.81 | GFF | Griffon Earnings Call This Week | PairCorr |
| 0.66 | MMM | 3M Company Earnings Call This Week | PairCorr |
Moving against Allison Stock
| 0.96 | GP | GreenPower Motor Financial Report 12th of July 2024 | PairCorr |
| 0.91 | WW | WW International Financial Report 2nd of May 2024 | PairCorr |
| 0.88 | LL | LL Flooring Holdings | PairCorr |
| 0.81 | BQ | Boqii Holding Limited | PairCorr |
| 0.79 | QS | Quantumscape Corp | PairCorr |
The ability to find closely correlated positions to Allison Transmission could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allison Transmission 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 Allison Transmission - 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 Allison Transmission Holdings to buy it.
The correlation of Allison Transmission 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 Allison Transmission moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allison Transmission 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 Allison Transmission 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 Allison Transmission Correlation against competitors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Allison Stock analysis
When running Allison Transmission's price analysis, check to measure Allison Transmission'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 Allison Transmission is operating at the current time. Most of Allison Transmission's value examination focuses on studying past and present price action to predict the probability of Allison Transmission's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allison Transmission's price. Additionally, you may evaluate how the addition of Allison Transmission to your portfolios can decrease your overall portfolio volatility.
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Is Allison Transmission'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 Allison Transmission. If investors know Allison 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 Allison Transmission 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 1.17 | Dividend Share 0.92 | Earnings Share 7.4 | Revenue Per Share 33.722 | Quarterly Revenue Growth 0.204 |
The market value of Allison Transmission is measured differently than its book value, which is the value of Allison that is recorded on the company's balance sheet. Investors also form their own opinion of Allison Transmission's value that differs from its market value or its book value, called intrinsic value, which is Allison Transmission'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 Allison Transmission's market value can be influenced by many factors that don't directly affect Allison Transmission'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 Allison Transmission's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allison Transmission is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allison Transmission'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.