Albertsons Free Cash Flow per Share vs Asset Turnover Analysis

ACI Stock  USD 21.41  0.08  0.38%   
Albertsons Companies financial indicator trend analysis is way more than just evaluating Albertsons Companies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albertsons Companies is a good investment. Please check the relationship between Albertsons Companies Free Cash Flow Per Share and its Asset Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albertsons Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.

Free Cash Flow Per Share vs Asset Turnover

Free Cash Flow per Share vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albertsons Companies Free Cash Flow per Share account and Asset Turnover. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Albertsons Companies' Free Cash Flow per Share and Asset Turnover is 0.9. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Albertsons Companies, assuming nothing else is changed. The correlation between historical values of Albertsons Companies' Free Cash Flow per Share and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of Albertsons Companies are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Free Cash Flow per Share i.e., Albertsons Companies' Free Cash Flow per Share and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Albertsons Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albertsons Companies 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 Albertsons Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.The Albertsons Companies' current Selling General Administrative is estimated to increase to about 18.7 B, while Tax Provision is projected to decrease to under 86.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense481.9M404.6M383.1M656.9M
Depreciation And Amortization2.4B2.3B2.3B1.8B

Albertsons Companies fundamental ratios Correlations

-0.41-0.36-0.64-0.51-0.57-0.41-0.22-0.31-0.24-0.51-0.31-0.390.13-0.31-0.33-0.32-0.3-0.360.090.02-0.37-0.44-0.43-0.60.07
-0.410.990.660.970.120.970.830.96-0.330.960.631.00.110.630.910.960.990.960.320.081.00.950.970.720.61
-0.360.990.620.960.070.980.840.99-0.360.950.551.00.00.550.910.970.980.970.240.110.990.930.930.730.56
-0.640.660.620.790.410.620.270.59-0.150.790.50.64-0.160.50.670.630.550.670.110.180.640.670.680.780.37
-0.510.970.960.790.190.960.780.93-0.230.990.640.97-0.010.640.880.910.920.920.220.020.960.960.930.860.5
-0.570.120.070.410.190.140.080.010.550.130.310.110.320.31-0.07-0.020.00.00.25-0.070.060.030.140.4-0.11
-0.410.970.980.620.960.140.870.96-0.20.950.60.980.010.60.830.920.950.910.19-0.040.970.940.90.80.43
-0.220.830.840.270.780.080.870.82-0.10.730.520.850.20.520.650.710.830.710.32-0.140.830.80.740.650.4
-0.310.960.990.590.930.010.960.82-0.440.920.430.98-0.090.430.910.960.960.960.240.190.970.890.890.710.56
-0.24-0.33-0.36-0.15-0.230.55-0.2-0.1-0.44-0.270.26-0.320.330.26-0.64-0.5-0.41-0.53-0.17-0.8-0.36-0.2-0.320.12-0.72
-0.510.960.950.790.990.130.950.730.92-0.270.650.95-0.070.650.890.930.920.940.120.030.960.960.940.820.5
-0.310.630.550.50.640.310.60.520.430.260.650.590.511.00.410.540.590.510.15-0.480.620.690.730.50.3
-0.391.01.00.640.970.110.980.850.98-0.320.950.590.070.590.910.960.980.960.310.090.990.940.950.750.58
0.130.110.0-0.16-0.010.320.010.2-0.090.33-0.070.510.070.51-0.07-0.020.13-0.060.69-0.30.090.060.21-0.150.31
-0.310.630.550.50.640.310.60.520.430.260.651.00.590.510.410.540.590.510.15-0.480.620.690.730.50.3
-0.330.910.910.670.88-0.070.830.650.91-0.640.890.410.91-0.070.410.950.920.970.330.40.920.850.910.570.78
-0.320.960.970.630.91-0.020.920.710.96-0.50.930.540.96-0.020.540.950.971.00.220.220.970.890.950.590.66
-0.30.990.980.550.920.00.950.830.96-0.410.920.590.980.130.590.920.970.970.330.120.990.920.960.620.66
-0.360.960.970.670.920.00.910.710.96-0.530.940.510.96-0.060.510.971.00.970.230.270.970.890.950.620.68
0.090.320.240.110.220.250.190.320.24-0.170.120.150.310.690.150.330.220.330.230.260.30.20.330.080.67
0.020.080.110.180.02-0.07-0.04-0.140.19-0.80.03-0.480.09-0.3-0.480.40.220.120.270.260.09-0.130.08-0.160.56
-0.371.00.990.640.960.060.970.830.97-0.360.960.620.990.090.620.920.970.990.970.30.090.950.970.70.62
-0.440.950.930.670.960.030.940.80.89-0.20.960.690.940.060.690.850.890.920.890.2-0.130.950.930.780.49
-0.430.970.930.680.930.140.90.740.89-0.320.940.730.950.210.730.910.950.960.950.330.080.970.930.640.68
-0.60.720.730.780.860.40.80.650.710.120.820.50.75-0.150.50.570.590.620.620.08-0.160.70.780.640.12
0.070.610.560.370.5-0.110.430.40.56-0.720.50.30.580.310.30.780.660.660.680.670.560.620.490.680.12
Click cells to compare fundamentals

Albertsons Companies Account Relationship Matchups

Albertsons Companies Investors Sentiment

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

Pair Trading with Albertsons Companies

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 Albertsons Companies 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 Albertsons Companies will appreciate offsetting losses from the drop in the long position's value.

Moving against Albertsons Stock

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The ability to find closely correlated positions to Albertsons Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albertsons Companies 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 Albertsons Companies - 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 Albertsons Companies to buy it.
The correlation of Albertsons Companies 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 Albertsons Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albertsons Companies 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 Albertsons Companies 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 Albertsons Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albertsons Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albertsons Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albertsons Companies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albertsons Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.
Note that the Albertsons Companies information on this page should be used as a complementary analysis to other Albertsons Companies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Albertsons Companies' 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 Albertsons Companies. If investors know Albertsons 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 Albertsons Companies 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
2.1
Dividend Share
0.48
Earnings Share
2.35
Revenue Per Share
139.778
Quarterly Revenue Growth
0.022
The market value of Albertsons Companies is measured differently than its book value, which is the value of Albertsons that is recorded on the company's balance sheet. Investors also form their own opinion of Albertsons Companies' value that differs from its market value or its book value, called intrinsic value, which is Albertsons Companies' 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 Albertsons Companies' market value can be influenced by many factors that don't directly affect Albertsons Companies' 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 Albertsons Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Albertsons Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albertsons Companies' 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.