Ally Cost of Revenue vs Price to Sales Ratio Analysis

ALLY Stock  USD 39.74  0.69  1.77%   
Ally Financial financial indicator trend analysis is way more than just evaluating Ally Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ally Financial is a good investment. Please check the relationship between Ally Financial Cost Of Revenue and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ally Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.

Cost Of Revenue vs Price To Sales Ratio

Cost of Revenue vs Price to Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ally Financial Cost of Revenue account and Price to Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ally Financial's Cost of Revenue and Price to Sales Ratio is -0.31. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Price to Sales Ratio in the same time period over historical financial statements of Ally Financial, assuming nothing else is changed. The correlation between historical values of Ally Financial's Cost of Revenue and Price to Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Ally Financial are associated (or correlated) with its Price to Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price to Sales Ratio has no effect on the direction of Cost of Revenue i.e., Ally Financial's Cost of Revenue and Price to Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Ally Financial income statement and represents the costs associated with goods and services Ally Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Ally Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ally Financial sales, a figure that is much harder to manipulate than other Ally Financial multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.
Most indicators from Ally Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ally Financial 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 Ally Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.At this time, Ally Financial's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.45 in 2024, despite the fact that Discontinued Operations is likely to grow to (855 K).
 2021 2023 2024 (projected)
Interest Expense1.9B6.9B5.2B
Depreciation And Amortization570M1.2B1.2B

Ally Financial fundamental ratios Correlations

-0.14-0.02-0.75-0.630.31-0.46-0.05-0.94-0.34-0.44-0.720.650.050.03-0.19-0.49-0.83-0.680.83-0.250.20.590.370.10.11
-0.14-0.55-0.43-0.50.37-0.74-0.580.00.010.260.430.53-0.030.020.99-0.67-0.3-0.290.250.170.360.59-0.530.57-0.43
-0.02-0.550.560.670.130.610.99-0.070.32-0.69-0.58-0.580.210.59-0.60.680.240.69-0.290.5-0.17-0.440.89-0.780.89
-0.75-0.430.560.98-0.390.820.60.760.260.020.23-0.94-0.030.26-0.380.830.90.93-0.90.29-0.42-0.890.18-0.560.39
-0.63-0.50.670.98-0.410.810.710.650.26-0.150.07-0.930.050.37-0.460.830.830.92-0.820.3-0.44-0.850.31-0.690.5
0.310.370.13-0.39-0.41-0.320.07-0.470.24-0.25-0.240.310.110.270.22-0.24-0.42-0.10.380.590.480.470.310.190.22
-0.46-0.740.610.820.81-0.320.650.510.2-0.06-0.03-0.820.06-0.02-0.720.980.680.7-0.660.2-0.4-0.820.41-0.610.42
-0.05-0.580.990.60.710.070.65-0.020.28-0.66-0.56-0.620.190.57-0.620.70.270.7-0.330.47-0.28-0.480.87-0.80.91
-0.940.0-0.070.760.65-0.470.51-0.020.270.50.74-0.69-0.08-0.10.070.50.880.63-0.860.09-0.33-0.64-0.46-0.13-0.16
-0.340.010.320.260.260.240.20.280.27-0.270.12-0.370.530.27-0.030.330.320.49-0.230.410.350.00.11-0.420.25
-0.440.26-0.690.02-0.15-0.25-0.06-0.660.5-0.270.810.07-0.43-0.740.32-0.120.3-0.16-0.27-0.43-0.07-0.24-0.790.73-0.69
-0.720.43-0.580.230.07-0.24-0.03-0.560.740.120.81-0.18-0.26-0.430.49-0.040.550.13-0.49-0.080.05-0.23-0.820.49-0.66
0.650.53-0.58-0.94-0.930.31-0.82-0.62-0.69-0.370.07-0.180.09-0.310.5-0.81-0.9-0.90.91-0.360.320.83-0.230.6-0.42
0.05-0.030.21-0.030.050.110.060.19-0.080.53-0.43-0.260.090.18-0.050.18-0.130.060.330.160.110.220.22-0.490.15
0.030.020.590.260.370.27-0.020.57-0.10.27-0.74-0.43-0.310.18-0.030.040.060.46-0.140.610.00.030.47-0.60.64
-0.190.99-0.6-0.38-0.460.22-0.72-0.620.07-0.030.320.490.5-0.05-0.03-0.66-0.24-0.280.20.080.290.54-0.610.57-0.48
-0.49-0.670.680.830.83-0.240.980.70.50.33-0.12-0.04-0.810.180.04-0.660.670.76-0.640.25-0.31-0.790.45-0.650.47
-0.83-0.30.240.90.83-0.420.680.270.880.320.30.55-0.9-0.130.06-0.240.670.81-0.940.17-0.21-0.85-0.17-0.30.03
-0.68-0.290.690.930.92-0.10.70.70.630.49-0.160.13-0.90.060.46-0.280.760.81-0.820.5-0.19-0.740.31-0.60.55
0.830.25-0.29-0.9-0.820.38-0.66-0.33-0.86-0.23-0.27-0.490.910.33-0.140.2-0.64-0.94-0.82-0.250.350.810.110.29-0.18
-0.250.170.50.290.30.590.20.470.090.41-0.43-0.08-0.360.160.610.080.250.170.5-0.250.110.010.44-0.390.44
0.20.36-0.17-0.42-0.440.48-0.4-0.28-0.330.35-0.070.050.320.110.00.29-0.31-0.21-0.190.350.110.39-0.090.28-0.34
0.590.59-0.44-0.89-0.850.47-0.82-0.48-0.640.0-0.24-0.230.830.220.030.54-0.79-0.85-0.740.810.010.39-0.130.32-0.22
0.37-0.530.890.180.310.310.410.87-0.460.11-0.79-0.82-0.230.220.47-0.610.45-0.170.310.110.44-0.09-0.13-0.640.83
0.10.57-0.78-0.56-0.690.19-0.61-0.8-0.13-0.420.730.490.6-0.49-0.60.57-0.65-0.3-0.60.29-0.390.280.32-0.64-0.7
0.11-0.430.890.390.50.220.420.91-0.160.25-0.69-0.66-0.420.150.64-0.480.470.030.55-0.180.44-0.34-0.220.83-0.7
Click cells to compare fundamentals

Ally Financial Account Relationship Matchups

Ally Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding395.4M377.1M365.2M318.6M305.1M372.3M
Total Assets180.6B182.2B182.4B191.8B196.4B160.3B
Short Long Term Debt Total39.6B24.1B17.0B20.2B20.2B19.2B
Other Current Liab(3.3B)(3.4B)(210M)(233M)(620M)(589M)
Total Current Liabilities6.2B2.5B210M2.7B6.8B6.4B
Total Stockholder Equity14.4B14.7B17.1B12.9B13.8B13.2B
Property Plant And Equipment Net8.9B9.6B10.9B10.4B10.5B15.0B
Net Debt36.0B8.5B12.0B14.6B13.3B12.6B
Retained Earnings(4.1B)(4.3B)(1.6B)(384M)154M146.3M
Accounts Payable641M412M210M408M1.4B2.1B
Non Current Assets Total41.8B42.2B47.7B43.2B39.9B38.7B
Non Currrent Assets Other(58M)(94M)(2.2B)(554M)(1.2B)(1.3B)
Common Stock Total Equity21.4B21.5B21.7B21.8B25.1B16.6B
Liabilities And Stockholders Equity180.6B182.2B182.4B191.8B196.4B160.3B
Non Current Liabilities Total37.4B25.5B17.2B2.7B147.9B81.2B
Other Current Assets5.5B17.9B6.4B7.2B10.5B10.0B
Total Liab166.2B167.5B165.3B179.0B182.6B147.2B
Property Plant And Equipment Gross9.5B10.4B10.9B10.4B13.3B14.6B
Total Current Assets34.5B48.0B39.2B32.2B31.4B54.0B
Accumulated Other Comprehensive Income123M631M(158M)(4.1B)(3.8B)(3.6B)
Intangible Assets69M50M129M98M73M69.4M
Other Liab4.2B3.4B3.5B5.1B4.6B4.3B
Cash3.6B15.6B5.1B5.6B6.9B8.5B
Other Assets104.4B92.0B95.5B116.5B125.1B115.3B
Long Term Debt34.0B22.0B17.0B17.8B17.6B16.7B
Short Term Investments28.4B29.7B33.4B25.6B19.7B16.5B
Inventory(5.5B)(17.9B)(6.4B)(7.2B)(11.7B)(11.1B)
Property Plant Equipment8.9B9.6B10.9B10.4B9.4B14.9B
Other Stockholder Equity(3.1B)(3.2B)(5.2B)(6.8B)(6.9B)(6.5B)
Current Deferred Revenue3.3B3.4B3.5B169M3.5B2.3B
Cash And Short Term Investments31.9B45.3B38.4B31.2B31.4B22.2B
Net Receivables2.6B2.7B727M950M1.1B1.7B
Short Term Debt5.5B2.1B(3.3B)2.4B2.6B2.4B
Retained Earnings Total Equity(4.1B)(4.3B)(1.6B)(384M)(441.6M)(463.7M)
Deferred Long Term Liab1.8B1.9B2.0B1.9B2.2B1.3B
Treasury Stock(3.1B)(3.2B)(5.2B)(6.8B)(6.2B)(5.8B)
Net Tangible Assets14.4B14.7B14.7B10.5B9.5B11.4B

Pair Trading with Ally 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 Ally 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 Ally Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ally Stock

  0.75BK Bank of New York Financial Report 16th of July 2024 PairCorr
  0.78GS Goldman Sachs Group Financial Report 17th of July 2024 PairCorr
  0.66MA Mastercard Financial Report 25th of April 2024 PairCorr
  0.84MS Morgan Stanley Financial Report 16th of July 2024 PairCorr

Moving against Ally Stock

  0.47ECPG Encore Capital Group Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to Ally 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 Ally 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 Ally 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 Ally Financial to buy it.
The correlation of Ally 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 Ally Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ally 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 Ally 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.
Pair CorrelationCorrelation Matching
When determining whether Ally Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ally Financial's 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 Ally Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ally Financial Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ally Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is Ally Financial'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 Ally Financial. If investors know Ally 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 Ally Financial 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
(0.56)
Dividend Share
1.2
Earnings Share
2.45
Revenue Per Share
22.683
Quarterly Revenue Growth
(0.10)
The market value of Ally Financial is measured differently than its book value, which is the value of Ally that is recorded on the company's balance sheet. Investors also form their own opinion of Ally Financial's value that differs from its market value or its book value, called intrinsic value, which is Ally Financial'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 Ally Financial's market value can be influenced by many factors that don't directly affect Ally Financial'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 Ally Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ally Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ally Financial'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.