Ally Net Income vs Asset Turnover Analysis

ALLY Stock  USD 39.81  0.63  1.61%   
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 Net Income and its Asset Turnover 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.

Net Income vs Asset Turnover

Net Income vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ally Financial Net Income account and Asset Turnover. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ally Financial's Net Income and Asset Turnover is 0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Asset Turnover 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 Net Income 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 Net Income of Ally Financial 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 Net Income i.e., Ally Financial's Net Income and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ally Financial financial statement analysis. It represents the amount of money remaining after all of Ally Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 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.Selling General Administrative is likely to rise to about 4 B 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

Ally Financial Investors Sentiment

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

Ally Financial Implied Volatility

    
  45.47  
Ally Financial's implied volatility exposes the market's sentiment of Ally Financial stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ally Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ally Financial stock will not fluctuate a lot when Ally Financial's options are near their expiration.
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 Ally Financial 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, Ally Financial's short interest history, or implied volatility extrapolated from Ally Financial options trading.

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

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Moving against Ally Stock

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  0.62MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
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  0.55ORGN Origin Materials Financial Report 8th of May 2024 PairCorr
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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Ally Financial's price analysis, check to measure Ally 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 Ally Financial is operating at the current time. Most of Ally Financial's value examination focuses on studying past and present price action to predict the probability of Ally 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 Ally Financial's price. Additionally, you may evaluate how the addition of Ally Financial to your portfolios can decrease your overall portfolio volatility.
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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
(0.81)
Dividend Share
1.2
Earnings Share
2.99
Revenue Per Share
23.394
Quarterly Revenue Growth
(0.13)
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.