Altisource Graham Number from 2010 to 2024
| ASPS Stock | USD 2.05 0.01 0.49% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 17.79614051 | Current Value 16.91 | Quarterly Volatility 18.70583613 |
Check Altisource Portfolio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altisource main balance sheet or income statement drivers, such as Interest Expense of 37.9 M, Selling General Administrative of 36.6 M or Total Revenue of 145.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0 or Days Sales Outstanding of 15.89. Altisource financial statements analysis is a perfect complement when working with Altisource Portfolio Valuation or Volatility modules.
Altisource | Graham Number |
Latest Altisource Portfolio's Graham Number Growth Pattern
Below is the plot of the Graham Number of Altisource Portfolio Solutions over the last few years. It is Altisource Portfolio's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Altisource Portfolio's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
|
Graham Number |
| Timeline |
Altisource Graham Number Regression Statistics
| Arithmetic Mean | 21.98 | |
| Geometric Mean | 17.59 | |
| Coefficient Of Variation | 85.12 | |
| Mean Deviation | 10.62 | |
| Median | 17.80 | |
| Standard Deviation | 18.71 | |
| Sample Variance | 349.91 | |
| Range | 79.7087 | |
| R-Value | 0.01 | |
| Mean Square Error | 376.77 | |
| R-Squared | 0.0001 | |
| Significance | 0.97 | |
| Slope | 0.05 | |
| Total Sum of Squares | 4,899 |
Altisource Graham Number History
About Altisource Portfolio Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Altisource Portfolio income statement, its balance sheet, and the statement of cash flows. Altisource Portfolio investors use historical funamental indicators, such as Altisource Portfolio's Graham Number, to determine how well the company is positioned to perform in the future. Although Altisource Portfolio investors may use each financial statement separately, they are all related. The changes in Altisource Portfolio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Altisource Portfolio'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 Altisource Portfolio Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Altisource Portfolio. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Graham Number | 17.80 | 16.91 |
Pair Trading with Altisource Portfolio
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 Altisource Portfolio 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 Altisource Portfolio will appreciate offsetting losses from the drop in the long position's value.Moving together with Altisource Stock
| 0.75 | FSV | FirstService Corp | PairCorr |
| 0.88 | FTHM | Fathom HoldingsInc Earnings Call This Week | PairCorr |
| 0.74 | MMI | Marcus Millichap | PairCorr |
Moving against Altisource Stock
| 0.73 | AHT-PD | Ashford Hospitality Trust Earnings Call This Week | PairCorr |
| 0.64 | MAYS | J W Mays | PairCorr |
| 0.59 | AHT-PI | Ashford Hospitality Trust Earnings Call This Week | PairCorr |
| 0.52 | AHT-PH | Ashford Hospitality Trust Earnings Call This Week | PairCorr |
| 0.51 | PK | Park Hotels Resorts Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Altisource Portfolio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altisource Portfolio 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 Altisource Portfolio - 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 Altisource Portfolio Solutions to buy it.
The correlation of Altisource Portfolio 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 Altisource Portfolio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altisource Portfolio 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 Altisource Portfolio 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 Altisource Portfolio Correlation against competitors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Altisource Stock analysis
When running Altisource Portfolio's price analysis, check to measure Altisource Portfolio'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 Altisource Portfolio is operating at the current time. Most of Altisource Portfolio's value examination focuses on studying past and present price action to predict the probability of Altisource Portfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altisource Portfolio's price. Additionally, you may evaluate how the addition of Altisource Portfolio to your portfolios can decrease your overall portfolio volatility.
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Is Altisource Portfolio'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 Altisource Portfolio. If investors know Altisource 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 Altisource Portfolio 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 (0.10) | Earnings Share (2.14) | Revenue Per Share 5.837 | Return On Assets (0.05) | Return On Equity (3.45) |
The market value of Altisource Portfolio is measured differently than its book value, which is the value of Altisource that is recorded on the company's balance sheet. Investors also form their own opinion of Altisource Portfolio's value that differs from its market value or its book value, called intrinsic value, which is Altisource Portfolio'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 Altisource Portfolio's market value can be influenced by many factors that don't directly affect Altisource Portfolio'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 Altisource Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altisource Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altisource Portfolio'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.