Altisource Short Long Term Debt vs Long Term Investments Analysis
| AAMC Stock | USD 2.91 0.10 3.32% |
Altisource Asset financial indicator trend analysis is way more than just evaluating Altisource Asset Man prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altisource Asset Man is a good investment. Please check the relationship between Altisource Asset Short Long Term Debt and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altisource Asset Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Short Long Term Debt vs Long Term Investments
Short Long Term Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altisource Asset Man Short Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Altisource Asset's Short Long Term Debt and Long Term Investments is 0.81. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Altisource Asset Management, assuming nothing else is changed. The correlation between historical values of Altisource Asset's Short Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Altisource Asset Management are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Long Term Debt i.e., Altisource Asset's Short Long Term Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Long Term Investments
Long Term Investments is an item on the asset side of Altisource Asset balance sheet that represents investments Altisource Asset Man intends to hold for over a year. Altisource Asset Management long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Altisource Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altisource Asset Man current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altisource Asset Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. As of April 29, 2024, Selling General Administrative is expected to decline to about 8.6 M. In addition to that, Tax Provision is expected to decline to about 257.4 K
Altisource Asset fundamental ratios Correlations
Click cells to compare fundamentals
Altisource Asset Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Altisource Asset fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 53.2M | 99.8M | 81.5M | 117.6M | 25.5M | 24.3M | |
| Other Current Liab | 5.4M | 1.3M | 983K | (51.7M) | 600K | 630K | |
| Total Current Liabilities | 7M | 13.1M | 4.6M | 51.7M | 900K | 855K | |
| Total Stockholder Equity | (207.9M) | (166.6M) | (76.5M) | (89.9M) | 18.4M | 19.3M | |
| Net Debt | (15.5M) | (40.9M) | (77.5M) | 42.2M | (7.8M) | (7.4M) | |
| Retained Earnings | 23.7M | 63.4M | 57.5M | 41.5M | 9.0M | 8.5M | |
| Accounts Payable | 1.3M | 9.2M | 3.5M | 10.3M | 9.3M | 6.9M | |
| Cash | 20.0M | 41.6M | 78.3M | 10.7M | 8.7M | 8.3M | |
| Other Assets | 1.8M | 2.5M | 465K | 23.8M | 5.6M | 6.3M | |
| Cash And Short Term Investments | 40.5M | 89.0M | 78.3M | 10.7M | 14.3M | 13.6M | |
| Net Receivables | 5.0M | 3.4M | 0.0 | 83.1M | 95.6M | 100.4M | |
| Common Stock Shares Outstanding | 2.7M | 2.8M | 3.7M | 3.3M | 2.9M | 2.7M | |
| Liabilities And Stockholders Equity | 53.2M | 99.8M | 81.5M | 117.6M | 25.5M | 24.3M | |
| Other Current Assets | 26.7M | 55.0M | 1.8M | (95.9M) | (14.3M) | (13.6M) | |
| Other Stockholder Equity | (481.5M) | (480.0M) | (284.1M) | (275.7M) | (134.9M) | (141.6M) | |
| Total Liab | 261.2M | 266.3M | 158.0M | 207.5M | 7.2M | 6.8M | |
| Total Current Assets | 47.2M | 96.6M | 80.2M | 10.7M | 8.7M | 8.3M | |
| Accumulated Other Comprehensive Income | (33K) | (65K) | 54K | 20K | 14K | 14.7K | |
| Short Long Term Debt Total | 4.5M | 675K | 859K | 53.0M | 900K | 855K | |
| Net Tangible Assets | 42.0M | 83.4M | (76.5M) | 54.3M | 62.5M | 65.6M | |
| Non Current Assets Total | 6.1M | 3.1M | 1.3M | 83.1M | 11.2M | 10.6M | |
| Non Currrent Assets Other | 1.1M | 2.5M | 298K | 71.6M | 6.7M | 6.4M | |
| Retained Earnings Total Equity | 26.6M | 23.7M | 63.4M | 41.5M | 47.7M | 34.9M | |
| Short Term Investments | 14.8M | 20.6M | 47.4M | 83.1M | 5.6M | 5.4M | |
| Non Current Liabilities Total | 254.2M | 253.2M | 153.4M | 51.7M | 6.3M | 6.0M | |
| Capital Surpluse | 42.2M | 44.6M | 46.6M | 149.0M | 171.4M | 179.9M | |
| Treasury Stock | (272.3M) | (276.0M) | (276.2M) | (276.5M) | (248.9M) | (261.3M) | |
| Non Current Liabilities Other | 4.2M | 3.2M | 2.7M | 1.3M | 1.2M | 1.1M | |
| Short Term Debt | 265K | 75K | 139K | 51.7M | 300K | 285K |
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 Altisource Asset 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, Altisource Asset's short interest history, or implied volatility extrapolated from Altisource Asset options trading.
Pair Trading with Altisource Asset
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 Asset 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 Asset will appreciate offsetting losses from the drop in the long position's value.Moving together with Altisource Stock
| 0.8 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
| 0.61 | UK | Ucommune International | PairCorr |
| 0.75 | ZG | Zillow Group Financial Report 1st of May 2024 | PairCorr |
| 0.86 | DOUG | Douglas Elliman Financial Report 9th of May 2024 | PairCorr |
Moving against Altisource Stock
| 0.86 | BHM | Bluerock Homes Trust | PairCorr |
| 0.7 | DOMA | Doma Holdings | PairCorr |
| 0.49 | FOR | Forestar Group Financial Report 18th of July 2024 | PairCorr |
| 0.47 | CKX | CKX Lands | PairCorr |
| 0.45 | IRS | IRSA Inversiones Y | PairCorr |
The ability to find closely correlated positions to Altisource Asset 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 Asset 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 Asset - 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 Asset Management to buy it.
The correlation of Altisource Asset 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 Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altisource Asset Man 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 Asset 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Altisource Asset Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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Is Altisource Asset'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 Asset. 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 Asset 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 (0.98) | Earnings Share (11.12) | Revenue Per Share 1.082 | Quarterly Revenue Growth (0.97) | Return On Assets (0.25) |
The market value of Altisource Asset Man 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 Asset's value that differs from its market value or its book value, called intrinsic value, which is Altisource Asset'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 Asset's market value can be influenced by many factors that don't directly affect Altisource Asset'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 Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altisource Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altisource Asset'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.