Alliance Average Assets from 2010 to 2024

ARLP Stock  USD 20.05  0.14  0.69%   
Check Alliance Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alliance main balance sheet or income statement drivers, such as Depreciation And Amortization of 188.2 M, Interest Expense of 29.6 M or Selling General Administrative of 54.8 M, as well as many exotic indicators such as Short Term Coverage Ratios of 42.88, Price Earnings Ratio of 4.06 or Price To Sales Ratio of 1.25. Alliance financial statements analysis is a perfect complement when working with Alliance Resource Valuation or Volatility modules.
  
This module can also supplement Alliance Resource's financial leverage analysis and stock options assessment as well as various Alliance Resource Technical models . Check out the analysis of Alliance Resource Correlation against competitors.

About Alliance Resource Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alliance Resource income statement, its balance sheet, and the statement of cash flows. Alliance Resource investors use historical funamental indicators, such as Alliance Resource's Average Assets, to determine how well the company is positioned to perform in the future. Although Alliance Resource investors may use each financial statement separately, they are all related. The changes in Alliance Resource's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alliance Resource'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 Alliance Resource Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alliance Resource. Please read more on our technical analysis and fundamental analysis pages.
Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma. Alliance Resource operates under Thermal Coal classification in the United States and is traded on NASDAQ Exchange. It employs 895 people.

Alliance Resource Investors Sentiment

The influence of Alliance Resource'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 Alliance. 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 Alliance Resource's public news can be used to forecast risks associated with an investment in Alliance. The trend in average sentiment can be used to explain how an investor holding Alliance can time the market purely based on public headlines and social activities around Alliance Resource Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alliance Resource'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 Alliance Resource'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 Alliance Resource's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alliance Resource.
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 Alliance Resource 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, Alliance Resource's short interest history, or implied volatility extrapolated from Alliance Resource options trading.

Pair Trading with Alliance Resource

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 Alliance Resource 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 Alliance Resource will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alliance Stock

  0.72NRP Natural Resource PartnersPairCorr

Moving against Alliance Stock

  0.69NS NuStar Energy LP Financial Report 2nd of May 2024 PairCorr
  0.65HP Helmerich And Payne Financial Report 24th of April 2024 PairCorr
  0.63DINO HF Sinclair Corp Financial Report 2nd of May 2024 PairCorr
  0.57ET Energy Transfer LP Financial Report 7th of May 2024 PairCorr
  0.56AM Antero Midstream Partners Financial Report 24th of April 2024 PairCorr
The ability to find closely correlated positions to Alliance Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alliance Resource 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 Alliance Resource - 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 Alliance Resource Partners to buy it.
The correlation of Alliance Resource 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 Alliance Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alliance Resource 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 Alliance Resource 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 Alliance Resource is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alliance Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alliance Resource Partners Stock. Highlighted below are key reports to facilitate an investment decision about Alliance Resource Partners Stock:
Check out the analysis of Alliance Resource Correlation against competitors.
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 Alliance Stock analysis

When running Alliance Resource's price analysis, check to measure Alliance Resource'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 Alliance Resource is operating at the current time. Most of Alliance Resource's value examination focuses on studying past and present price action to predict the probability of Alliance Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Resource's price. Additionally, you may evaluate how the addition of Alliance Resource to your portfolios can decrease your overall portfolio volatility.
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Is Alliance Resource'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 Alliance Resource. If investors know Alliance 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 Alliance Resource 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
(0.45)
Dividend Share
2.8
Earnings Share
4.81
Revenue Per Share
20.182
Quarterly Revenue Growth
(0.11)
The market value of Alliance Resource is measured differently than its book value, which is the value of Alliance that is recorded on the company's balance sheet. Investors also form their own opinion of Alliance Resource's value that differs from its market value or its book value, called intrinsic value, which is Alliance Resource'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 Alliance Resource's market value can be influenced by many factors that don't directly affect Alliance Resource'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 Alliance Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alliance Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alliance Resource'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.