Affiliated Managers Group Stock Z Score
| AMG Stock | USD 159.98 1.10 0.68% |
Affiliated | Z Score |
Affiliated Managers Group Company Z Score Analysis
Affiliated Managers' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Affiliated Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Affiliated Managers is extremely important. It helps to project a fair market value of Affiliated Stock properly, considering its historical fundamentals such as Z Score. Since Affiliated Managers' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Affiliated Managers' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Affiliated Managers' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
In accordance with the company's disclosures, Affiliated Managers Group has a Z Score of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The z score for all United States stocks is 100.0% higher than that of the company.
Affiliated Managers ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Affiliated Managers' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Affiliated Managers' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Affiliated Managers Institutional Holders
Institutional Holdings refers to the ownership stake in Affiliated Managers that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Affiliated Managers' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Affiliated Managers' value.| Shares | Lyrical Asset Management Lp | 2023-12-31 | 679 K | Geode Capital Management, Llc | 2023-12-31 | 595.1 K | Allianz Asset Management Ag | 2023-12-31 | 512 K | Channing Capital Management, Llc | 2023-12-31 | 474.5 K | Norges Bank | 2023-12-31 | 437.3 K | Lgt Capital Partners Ltd. | 2023-12-31 | 393.3 K | Bank Of New York Mellon Corp | 2023-12-31 | 389.2 K | Charles Schwab Investment Management Inc | 2023-12-31 | 350.4 K | Spyglass Capital Management Llc | 2023-12-31 | 342.1 K | Vanguard Group Inc | 2023-12-31 | 3.7 M | Blackrock Inc | 2023-12-31 | 3.3 M |
Affiliated Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0477 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 8.13 B | ||||
| Shares Outstanding | 32.46 M | ||||
| Shares Owned By Insiders | 2.00 % | ||||
| Shares Owned By Institutions | 98.14 % | ||||
| Number Of Shares Shorted | 430.87 K | ||||
| Price To Earning | 19.39 X | ||||
| Price To Book | 1.48 X | ||||
| Price To Sales | 2.58 X | ||||
| Revenue | 2.06 B | ||||
| Gross Profit | 1.26 B | ||||
| EBITDA | 1.03 B | ||||
| Net Income | 906.1 M | ||||
| Cash And Equivalents | 429.2 M | ||||
| Cash Per Share | 17.62 X | ||||
| Total Debt | 2.54 B | ||||
| Debt To Equity | 0.67 % | ||||
| Current Ratio | 46.32 X | ||||
| Book Value Per Share | 108.07 X | ||||
| Cash Flow From Operations | 874.3 M | ||||
| Short Ratio | 1.96 X | ||||
| Earnings Per Share | 17.41 X | ||||
| Price To Earnings To Growth | 0.70 X | ||||
| Target Price | 194.5 | ||||
| Number Of Employees | 4 K | ||||
| Beta | 1.32 | ||||
| Market Capitalization | 5.23 B | ||||
| Total Asset | 9.06 B | ||||
| Retained Earnings | 6.39 B | ||||
| Working Capital | 1.01 B | ||||
| Current Asset | 912.3 M | ||||
| Current Liabilities | 375.8 M | ||||
| Annual Yield | 0.0002 % | ||||
| Five Year Return | 0.70 % | ||||
| Net Asset | 9.06 B | ||||
| Last Dividend Paid | 0.04 |
About Affiliated Managers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Affiliated Managers Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Affiliated Managers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Affiliated Managers Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Affiliated Managers Investors Sentiment
The influence of Affiliated Managers' 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 Affiliated. 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 Affiliated Managers' public news can be used to forecast risks associated with an investment in Affiliated. The trend in average sentiment can be used to explain how an investor holding Affiliated can time the market purely based on public headlines and social activities around Affiliated Managers Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Affiliated Managers' 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 Affiliated Managers' 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 Affiliated Managers' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Affiliated Managers.
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 Affiliated Managers 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, Affiliated Managers' short interest history, or implied volatility extrapolated from Affiliated Managers options trading.
Pair Trading with Affiliated Managers
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 Affiliated Managers 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 Affiliated Managers will appreciate offsetting losses from the drop in the long position's value.Moving together with Affiliated Stock
| 0.77 | AB | AllianceBernstein Financial Report 24th of April 2024 | PairCorr |
| 0.67 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
Moving against Affiliated Stock
| 0.75 | ECPG | Encore Capital Group Financial Report 1st of May 2024 | PairCorr |
| 0.74 | AC | Associated Capital | PairCorr |
| 0.58 | DHIL | Diamond Hill Investment | PairCorr |
The ability to find closely correlated positions to Affiliated Managers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Affiliated Managers 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 Affiliated Managers - 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 Affiliated Managers Group to buy it.
The correlation of Affiliated Managers 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 Affiliated Managers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Affiliated Managers 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 Affiliated Managers 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 Affiliated Managers Piotroski F Score and Affiliated Managers Valuation analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Affiliated Stock analysis
When running Affiliated Managers' price analysis, check to measure Affiliated Managers' 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 Affiliated Managers is operating at the current time. Most of Affiliated Managers' value examination focuses on studying past and present price action to predict the probability of Affiliated Managers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Affiliated Managers' price. Additionally, you may evaluate how the addition of Affiliated Managers to your portfolios can decrease your overall portfolio volatility.
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Is Affiliated Managers' 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 Affiliated Managers. If investors know Affiliated 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 Affiliated Managers 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 (0.72) | Dividend Share 0.04 | Earnings Share 17.41 | Revenue Per Share 58.627 | Quarterly Revenue Growth (0.07) |
The market value of Affiliated Managers is measured differently than its book value, which is the value of Affiliated that is recorded on the company's balance sheet. Investors also form their own opinion of Affiliated Managers' value that differs from its market value or its book value, called intrinsic value, which is Affiliated Managers' 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 Affiliated Managers' market value can be influenced by many factors that don't directly affect Affiliated Managers' 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 Affiliated Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affiliated Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affiliated Managers' 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.