AMTD Good Will vs Common Stock Analysis

AMTD Stock

USD 1.79 0.09 5.29%

AMTD IDEA financial indicator trend analysis is way more than just evaluating AMTD IDEA Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMTD IDEA Group is a good investment. Please check the relationship between AMTD IDEA Good Will and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMTD IDEA Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMTD IDEA Group Good Will account and Common Stock. At this time, the significance of the direction appears to have very week relationship.

The correlation between AMTD IDEA's Good Will and Common Stock is 0.23. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock in the same time period over historical financial statements of AMTD IDEA Group, assuming nothing else is changed. The correlation between historical values of AMTD IDEA's Good Will and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of AMTD IDEA Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Good Will i.e., AMTD IDEA's Good Will and Common Stock go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock

Most indicators from AMTD IDEA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMTD IDEA Group 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 AMTD IDEA Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

As of May 1, 2024, Selling General Administrative is expected to decline to about 142 M. In addition to that, Tax Provision is expected to decline to about 51 M

	2021	2022	2023	2024 (projected)
Interest Expense	12.8M	6.7M	6.1M	5.8M
Depreciation And Amortization	44.2K	5.8M	6.7M	6.3M

Interest Expense Depreciation And Amortization

AMTD IDEA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Accounts Payable	Net Receivables	Current Deferred Revenue	Good Will	Intangible Assets	Short Term Investments	Short Term Debt
Total Assets		0.76	0.23	0.86	-0.57	0.51	0.89	0.96	-0.13	0.7	-0.2	0.79	-0.16	-0.1	0.86	0.31	0.73	0.88	0.83	0.31	0.91	0.39	0.14	0.57	0.05	0.25
Short Long Term Debt Total	0.76		-0.15	0.92	-0.08	0.2	0.7	0.83	-0.44	0.55	-0.07	0.97	-0.47	-0.12	0.94	-0.11	0.9	0.69	0.91	0.69	0.84	0.65	0.34	0.6	0.1	0.33
Total Stockholder Equity	0.23	-0.15		-0.11	-0.5	0.79	0.25	0.05	0.6	0.05	-0.55	-0.09	0.79	0.16	-0.17	0.65	-0.18	-0.02	-0.23	-0.2	0.2	-0.49	-0.52	0.16	-0.35	-0.18
Property Plant And Equipment Net	0.86	0.92	-0.11		-0.33	0.29	0.82	0.94	-0.34	0.58	0.07	0.94	-0.46	-0.19	0.99	-0.1	0.97	0.81	0.98	0.63	0.9	0.59	0.25	0.73	-0.01	0.16
Net Debt	-0.57	-0.08	-0.5	-0.33		-0.66	-0.76	-0.49	-0.44	-0.52	0.1	-0.19	-0.2	-0.02	-0.29	-0.39	-0.21	-0.62	-0.29	0.32	-0.43	0.17	0.28	-0.38	0.15	-0.02
Retained Earnings	0.51	0.2	0.79	0.29	-0.66		0.59	0.44	0.66	0.21	-0.41	0.25	0.48	-0.16	0.22	0.32	0.23	0.29	0.17	0.06	0.46	-0.23	-0.53	0.59	-0.46	-0.09
Cash	0.89	0.7	0.25	0.82	-0.76	0.59		0.87	0.02	0.73	-0.12	0.76	-0.17	-0.06	0.81	0.22	0.72	0.89	0.79	0.21	0.83	0.3	0.02	0.67	-0.04	0.21
Non Current Assets Total	0.96	0.83	0.05	0.94	-0.49	0.44	0.87		-0.19	0.59	0.01	0.85	-0.29	-0.22	0.92	0.04	0.85	0.86	0.91	0.45	0.89	0.46	0.1	0.65	-0.05	0.24
Non Currrent Assets Other	-0.13	-0.44	0.6	-0.34	-0.44	0.66	0.02	-0.19		-0.17	-0.21	-0.39	0.54	-0.14	-0.4	0.19	-0.36	-0.25	-0.42	-0.3	-0.18	-0.45	-0.58	0.24	-0.41	-0.24
Cash And Short Term Investments	0.7	0.55	0.05	0.58	-0.52	0.21	0.73	0.59	-0.17		-0.33	0.58	-0.43	0.33	0.64	0.49	0.44	0.8	0.61	-0.01	0.64	0.26	0.55	0.26	0.61	0.4
Common Stock Shares Outstanding	-0.2	-0.07	-0.55	0.07	0.1	-0.41	-0.12	0.01	-0.21	-0.33		0.02	-0.32	-0.16	0.03	-0.73	0.21	-0.11	0.13	0.25	-0.2	-0.03	-0.14	0.07	-0.22	-0.27
Non Current Liabilities Total	0.79	0.97	-0.09	0.94	-0.19	0.25	0.76	0.85	-0.39	0.58	0.02		-0.48	-0.07	0.95	-0.07	0.94	0.71	0.94	0.71	0.88	0.57	0.33	0.68	0.07	0.17
Other Current Assets	-0.16	-0.47	0.79	-0.46	-0.2	0.48	-0.17	-0.29	0.54	-0.43	-0.32	-0.48		-0.17	-0.52	0.39	-0.49	-0.33	-0.55	-0.39	-0.21	-0.6	-0.77	-0.17	-0.51	-0.2
Other Stockholder Equity	-0.1	-0.12	0.16	-0.19	-0.02	-0.16	-0.06	-0.22	-0.14	0.33	-0.16	-0.07	-0.17		-0.18	0.38	-0.2	-0.14	-0.2	-0.13	-0.12	-0.22	0.4	-0.29	0.45	0.02
Total Liab	0.86	0.94	-0.17	0.99	-0.29	0.22	0.81	0.92	-0.4	0.64	0.03	0.95	-0.52	-0.18		-0.06	0.95	0.85	0.99	0.59	0.9	0.65	0.36	0.66	0.11	0.25
Total Current Assets	0.31	-0.11	0.65	-0.1	-0.39	0.32	0.22	0.04	0.19	0.49	-0.73	-0.07	0.39	0.38	-0.06		-0.26	0.22	-0.13	-0.44	0.23	-0.2	0.16	-0.19	0.33	0.1
Common Stock	0.73	0.9	-0.18	0.97	-0.21	0.23	0.72	0.85	-0.36	0.44	0.21	0.94	-0.49	-0.2	0.95	-0.26		0.68	0.95	0.76	0.83	0.58	0.23	0.78	-0.1	0.01
Other Current Liab	0.88	0.69	-0.02	0.81	-0.62	0.29	0.89	0.86	-0.25	0.8	-0.11	0.71	-0.33	-0.14	0.85	0.22	0.68		0.84	0.08	0.82	0.44	0.27	0.41	0.25	0.42
Total Current Liabilities	0.83	0.91	-0.23	0.98	-0.29	0.17	0.79	0.91	-0.42	0.61	0.13	0.94	-0.55	-0.2	0.99	-0.13	0.95	0.84		0.59	0.87	0.64	0.35	0.65	0.1	0.23
Accounts Payable	0.31	0.69	-0.2	0.63	0.32	0.06	0.21	0.45	-0.3	-0.01	0.25	0.71	-0.39	-0.13	0.59	-0.44	0.76	0.08	0.59		0.47	0.41	0.16	0.67	-0.22	-0.25
Net Receivables	0.91	0.84	0.2	0.9	-0.43	0.46	0.83	0.89	-0.18	0.64	-0.2	0.88	-0.21	-0.12	0.9	0.23	0.83	0.82	0.87	0.47		0.5	0.23	0.63	0.06	0.22
Current Deferred Revenue	0.39	0.65	-0.49	0.59	0.17	-0.23	0.3	0.46	-0.45	0.26	-0.03	0.57	-0.6	-0.22	0.65	-0.2	0.58	0.44	0.64	0.41	0.5		0.57	0.29	0.13	0.31
Good Will	0.14	0.34	-0.52	0.25	0.28	-0.53	0.02	0.1	-0.58	0.55	-0.14	0.33	-0.77	0.4	0.36	0.16	0.23	0.27	0.35	0.16	0.23	0.57		-0.13	0.79	0.27
Intangible Assets	0.57	0.6	0.16	0.73	-0.38	0.59	0.67	0.65	0.24	0.26	0.07	0.68	-0.17	-0.29	0.66	-0.19	0.78	0.41	0.65	0.67	0.63	0.29	-0.13		-0.41	-0.27
Short Term Investments	0.05	0.1	-0.35	-0.01	0.15	-0.46	-0.04	-0.05	-0.41	0.61	-0.22	0.07	-0.51	0.45	0.11	0.33	-0.1	0.25	0.1	-0.22	0.06	0.13	0.79	-0.41		0.56
Short Term Debt	0.25	0.33	-0.18	0.16	-0.02	-0.09	0.21	0.24	-0.24	0.4	-0.27	0.17	-0.2	0.02	0.25	0.1	0.01	0.42	0.23	-0.25	0.22	0.31	0.27	-0.27	0.56

Click cells to compare fundamentals

AMTD IDEA Account Relationship Matchups

AMTD IDEA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.3B	10.5B	6.7B	8.3B	9.5B	9.4B
Short Long Term Debt Total	413.7M	335.6M	500.8M	160.5M	184.6M	175.3M
Total Stockholder Equity	6.8B	9.7B	5.8B	7.6B	8.7B	9.1B
Property Plant And Equipment Net	31.0K	111.4K	67.1K	90.1K	103.6K	98.4K
Net Debt	(352.7M)	(118.4M)	(25.4M)	(917.9M)	(826.1M)	(784.8M)
Retained Earnings	2.3B	3.3B	4.4B	5.6B	6.4B	6.7B
Cash	766.4M	454.0M	526.2M	1.1B	1.2B	674.7M
Non Current Assets Total	15.2M	2.2B	2.8B	2.3B	2.7B	3.9B
Cash And Short Term Investments	2.3B	516.5M	526.2M	1.1B	1.2B	900.9M
Common Stock Shares Outstanding	108.2M	123.0M	114.0M	138.5M	124.6M	182.8M
Liabilities And Stockholders Equity	8.3B	10.5B	6.7B	8.3B	9.5B	9.8B
Non Current Liabilities Total	359.7M	116.2M	125.7M	29.4M	26.4M	25.1M
Other Current Assets	245.5M	7.8T	3.3T	3.7T	4.3T	4.5T
Other Stockholder Equity	6.8T	1.8B	(3.2B)	(5.7B)	(6.6B)	(6.3B)
Total Liab	1.4B	802.1M	898.0M	454.7M	522.9M	496.7M
Total Current Assets	8.3B	8.3B	3.9B	5.9B	6.8B	5.5B
Other Current Liab	160.7M	204.3M	227.7M	169.0M	152.1M	144.5M
Total Current Liabilities	1.1B	685.9M	772.2M	425.3M	382.8M	363.6M
Accounts Payable	492.0M	202.0M	155.0M	82.3M	74.1M	70.4M
Net Receivables	4.5B	6.6B	2.2B	3.4B	3.9B	6.9B
Current Deferred Revenue	112.0M	47.3M	631.0K	17.1M	15.4M	14.6M
Accumulated Other Comprehensive Income	4.6B	4.6B	4.6B	7.7B	8.9B	9.3B
Short Term Debt	317.7M	232.3M	388.9M	156.9M	180.4M	263.4M
Net Tangible Assets	6.8B	9.7B	5.8B	6.8B	7.8B	6.2B
Property Plant Equipment	31.0K	111.4K	67.1K	90.1K	81.1K	117.7K
Net Invested Capital	7.2B	10.1B	6.3B	7.7B	8.9B	7.5B
Short Long Term Debt	317.7M	232.3M	388.9M	156.9M	141.2M	226.8M
Net Working Capital	7.2B	7.6B	3.1B	5.5B	6.3B	5.9B

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 AMTD IDEA 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, AMTD IDEA's short interest history, or implied volatility extrapolated from AMTD IDEA options trading.

Pair Trading with AMTD IDEA

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 AMTD IDEA 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 AMTD IDEA will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to AMTD IDEA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMTD IDEA 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 AMTD IDEA - 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 AMTD IDEA Group to buy it.

The correlation of AMTD IDEA 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 AMTD IDEA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMTD IDEA Group 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 AMTD IDEA 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 Correlation Correlation Matching

When determining whether AMTD IDEA Group is a strong investment it is important to analyze AMTD IDEA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AMTD IDEA's future performance. For an informed investment choice regarding AMTD Stock, refer to the following important reports:

How To Invest In AMTD

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Is AMTD Stock a good investment?

Details

What is AMTD IDEA's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMTD IDEA Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running AMTD IDEA's price analysis, check to measure AMTD IDEA'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 AMTD IDEA is operating at the current time. Most of AMTD IDEA's value examination focuses on studying past and present price action to predict the probability of AMTD IDEA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMTD IDEA's price. Additionally, you may evaluate how the addition of AMTD IDEA to your portfolios can decrease your overall portfolio volatility.

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Is AMTD IDEA'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 AMTD IDEA. If investors know AMTD 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 AMTD IDEA 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

(0.49)

Earnings Share

2.97

Revenue Per Share

27.353

Quarterly Revenue Growth

1.192

Return On Assets

0.1119

The market value of AMTD IDEA Group is measured differently than its book value, which is the value of AMTD that is recorded on the company's balance sheet. Investors also form their own opinion of AMTD IDEA's value that differs from its market value or its book value, called intrinsic value, which is AMTD IDEA'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 AMTD IDEA's market value can be influenced by many factors that don't directly affect AMTD IDEA'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 AMTD IDEA's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD IDEA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD IDEA'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.

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AMTD Good Will vs Common Stock Analysis

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

Correlation Coefficient

Good Will

Common Stock

AMTD IDEA fundamental ratios Correlations

AMTD IDEA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AMTD IDEA fundamental ratios Accounts

Pair Trading with AMTD IDEA

Complementary Tools for AMTD Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Property Plant And Equipment Net
Total Current Liabilities	+ 0.99	Total Liab
Total Current Liabilities	+ 0.98	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Common Stock	+ 0.97	Property Plant And Equipment Net
Non Current Assets Total	+ 0.96	Total Assets

Good Will	- 0.77	Other Current Assets
Cash	- 0.76	Net Debt
Total Current Assets	- 0.73	Common Stock Shares Outstanding
Retained Earnings	- 0.66	Net Debt
Other Current Liab	- 0.62	Net Debt
Current Deferred Revenue	- 0.6	Other Current Assets