AmeriServ Net Income from 2010 to 2024
| ASRV Stock | USD 2.33 0.10 4.12% |
Net Loss | First Reported 1989-03-31 | Previous Quarter -5.3 M | Current Value 1.9 M | Quarterly Volatility 2.4 M |
Check AmeriServ Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AmeriServ Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 M, Interest Expense of 23.6 M or Other Operating Expenses of 85.7 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0521 or PTB Ratio of 0.73. AmeriServ financial statements analysis is a perfect complement when working with AmeriServ Financial Valuation or Volatility modules.
AmeriServ | Net Income |
Latest AmeriServ Financial's Net Income Growth Pattern
Below is the plot of the Net Income of AmeriServ Financial over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in AmeriServ Financial financial statement analysis. It represents the amount of money remaining after all of AmeriServ Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is AmeriServ Financial's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AmeriServ Financial's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (3.35 M) | 10 Years Trend |
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Net Income |
| Timeline |
AmeriServ Net Income Regression Statistics
| Arithmetic Mean | 4,185,420 | |
| Geometric Mean | 4,751,963 | |
| Coefficient Of Variation | 81.58 | |
| Mean Deviation | 2,510,107 | |
| Median | 5,039,000 | |
| Standard Deviation | 3,414,397 | |
| Sample Variance | 11.7T | |
| Range | 11.1M | |
| R-Value | (0.41) | |
| Mean Square Error | 10.5T | |
| R-Squared | 0.16 | |
| Significance | 0.13 | |
| Slope | (309,796) | |
| Total Sum of Squares | 163.2T |
AmeriServ Net Income History
Other Fundumenentals of AmeriServ Financial
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
AmeriServ Financial Net Income component correlations
About AmeriServ Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AmeriServ Financial income statement, its balance sheet, and the statement of cash flows. AmeriServ Financial investors use historical funamental indicators, such as AmeriServ Financial's Net Income, to determine how well the company is positioned to perform in the future. Although AmeriServ Financial investors may use each financial statement separately, they are all related. The changes in AmeriServ Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AmeriServ 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 AmeriServ Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AmeriServ Financial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Loss | -3.3 M | -3.2 M | |
| Net Income Applicable To Common Shares | 8.6 M | 4.4 M | |
| Net Loss | -3.3 M | -3.2 M | |
| Net Loss | (0.20) | (0.19) | |
| Net Income Per E B T | 0.76 | 1.05 |
Pair Trading with AmeriServ 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 AmeriServ 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 AmeriServ Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AmeriServ 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 AmeriServ 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 AmeriServ 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 AmeriServ Financial to buy it.
The correlation of AmeriServ 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 AmeriServ Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AmeriServ 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 AmeriServ 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.Additional Tools for AmeriServ Stock Analysis
When running AmeriServ Financial's price analysis, check to measure AmeriServ 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 AmeriServ Financial is operating at the current time. Most of AmeriServ Financial's value examination focuses on studying past and present price action to predict the probability of AmeriServ 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 AmeriServ Financial's price. Additionally, you may evaluate how the addition of AmeriServ Financial to your portfolios can decrease your overall portfolio volatility.