Allison Sale Purchase Of Stock vs Change To Inventory Analysis
ALSN Stock | USD 73.55 2.53 3.33% |
Allison Transmission financial indicator trend analysis is way more than just evaluating Allison Transmission prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allison Transmission is a good investment. Please check the relationship between Allison Transmission Sale Purchase Of Stock and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allison Transmission Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Sale Purchase Of Stock vs Change To Inventory
Sale Purchase Of Stock vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allison Transmission Sale Purchase Of Stock account and Change To Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Allison Transmission's Sale Purchase Of Stock and Change To Inventory is 0.27. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Allison Transmission Holdings, assuming nothing else is changed. The correlation between historical values of Allison Transmission's Sale Purchase Of Stock and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Allison Transmission Holdings are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Sale Purchase Of Stock i.e., Allison Transmission's Sale Purchase Of Stock and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Sale Purchase Of Stock
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Allison Transmission's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allison Transmission 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 Allison Transmission Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. As of the 1st of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Selling General Administrative is likely to drop about 280.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 116M | 118M | 119M | 114.9M | Depreciation And Amortization | 19M | 155M | 154M | 124.9M |
Allison Transmission fundamental ratios Correlations
Click cells to compare fundamentals
Allison Transmission Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allison Transmission fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 123M | 114M | 107M | 96M | 91M | 120.7M | |
Total Assets | 4.5B | 4.5B | 4.5B | 4.7B | 5.0B | 3.7B | |
Other Current Liab | 226M | 176M | 237M | 241M | 240M | 224.7M | |
Total Stockholder Equity | 781M | 756M | 634M | 874M | 1.2B | 780.1M | |
Other Liab | 695M | 841M | 860M | 812M | 933.8M | 606.1M | |
Accounts Payable | 150M | 157M | 179M | 195M | 210M | 173.6M | |
Cash | 192M | 310M | 127M | 232M | 555M | 582.8M | |
Other Assets | 39M | 65M | 56M | 99M | 50.4M | 55.9M | |
Long Term Debt | 2.5B | 2.5B | 2.5B | 2.5B | 2.3B | 2.1B | |
Inventory | 199M | 181M | 204M | 224M | 276M | 191.7M | |
Other Current Assets | 42M | 37M | 39M | 47M | 63M | 41.6M | |
Total Liab | 3.7B | 3.7B | 3.8B | 3.8B | 3.8B | 2.9B | |
Intangible Assets | 1.0B | 963M | 917M | 878M | 1.0B | 1.6B | |
Property Plant Equipment | 616M | 638M | 706M | 763M | 877.5M | 628.9M | |
Short Long Term Debt Total | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 2.1B | |
Property Plant And Equipment Net | 616M | 638M | 706M | 763M | 774M | 644.0M | |
Current Deferred Revenue | 41M | 34M | 35M | 37M | 38M | 34.0M | |
Net Debt | 2.3B | 2.2B | 2.4B | 2.3B | 2.0B | 1.9B | |
Retained Earnings | (970M) | (974M) | (1.1B) | (953M) | (628M) | (659.4M) | |
Non Current Assets Total | 3.8B | 3.7B | 3.8B | 3.8B | 3.8B | 3.1B | |
Non Currrent Assets Other | 65M | 56M | 99M | (469M) | (647M) | (614.7M) | |
Cash And Short Term Investments | 192M | 310M | 127M | 232M | 555M | 582.8M | |
Net Receivables | 253M | 228M | 301M | 363M | 356M | 269.4M | |
Liabilities And Stockholders Equity | 4.5B | 4.5B | 4.5B | 4.7B | 5.0B | 3.7B | |
Non Current Liabilities Total | 3.3B | 3.3B | 3.4B | 3.3B | 3.3B | 3.5B | |
Other Stockholder Equity | 1.8B | 1.8B | 1.8B | 1.8B | 1.9B | 1.9B | |
Property Plant And Equipment Gross | 616M | 638M | 1.8B | 1.8B | 1.8B | 912.2M | |
Total Current Assets | 686M | 756M | 671M | 866M | 1.3B | 787.6M | |
Accumulated Other Comprehensive Income | (52M) | (89M) | (73M) | (22M) | (31M) | (32.6M) | |
Net Tangible Assets | (2.3B) | (2.3B) | (2.3B) | (2.1B) | (1.9B) | (2.0B) | |
Retained Earnings Total Equity | (970M) | (974M) | (1.1B) | (953M) | (857.7M) | (900.6M) | |
Long Term Debt Total | 2.5B | 2.5B | 2.5B | 2.5B | 2.3B | 2.0B | |
Capital Surpluse | 1.8B | 1.8B | 1.8B | 1.8B | 2.1B | 1.9B | |
Deferred Long Term Liab | 387M | 442M | 514M | 536M | 616.4M | 364.7M | |
Non Current Liabilities Other | 353M | 399M | 346M | 280M | 322M | 323.0M |
Allison Transmission Investors Sentiment
The influence of Allison Transmission'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 Allison. 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 Allison Transmission's public news can be used to forecast risks associated with an investment in Allison. The trend in average sentiment can be used to explain how an investor holding Allison can time the market purely based on public headlines and social activities around Allison Transmission Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Allison Transmission'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 Allison Transmission'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 Allison Transmission's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Allison Transmission.
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 Allison Transmission 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, Allison Transmission's short interest history, or implied volatility extrapolated from Allison Transmission options trading.
Pair Trading with Allison Transmission
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 Allison Transmission 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 Allison Transmission will appreciate offsetting losses from the drop in the long position's value.Moving together with Allison Stock
0.76 | GFF | Griffon Earnings Call Today | PairCorr |
Moving against Allison Stock
0.69 | JL | J Long Group | PairCorr |
0.69 | EBET | Ebet Inc | PairCorr |
0.69 | F-PC | Ford Motor | PairCorr |
0.68 | FBYD | Falcons Beyond Global | PairCorr |
0.67 | DSHK | Drive Shack | PairCorr |
The ability to find closely correlated positions to Allison Transmission could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allison Transmission 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 Allison Transmission - 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 Allison Transmission Holdings to buy it.
The correlation of Allison Transmission 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 Allison Transmission moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allison Transmission 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 Allison Transmission 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 Allison Transmission Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Allison Stock analysis
When running Allison Transmission's price analysis, check to measure Allison Transmission'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 Allison Transmission is operating at the current time. Most of Allison Transmission's value examination focuses on studying past and present price action to predict the probability of Allison Transmission's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allison Transmission's price. Additionally, you may evaluate how the addition of Allison Transmission to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Transaction History View history of all your transactions and understand their impact on performance |
Is Allison Transmission'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 Allison Transmission. If investors know Allison 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 Allison Transmission 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 1.17 | Dividend Share 0.94 | Earnings Share 7.45 | Revenue Per Share 34.64 | Quarterly Revenue Growth 0.204 |
The market value of Allison Transmission is measured differently than its book value, which is the value of Allison that is recorded on the company's balance sheet. Investors also form their own opinion of Allison Transmission's value that differs from its market value or its book value, called intrinsic value, which is Allison Transmission'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 Allison Transmission's market value can be influenced by many factors that don't directly affect Allison Transmission'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 Allison Transmission's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allison Transmission is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allison Transmission'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.