Albany Total Cash From Financing Activities from 2010 to 2024
AIN Stock | USD 82.40 0.67 0.81% |
Total Cash From Financing Activities | First Reported 1989-12-31 | Previous Quarter -70.2 M | Current Value -23.5 M | Quarterly Volatility 43 M |
Check Albany International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Albany International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 59.6 M, Interest Expense of 21.2 M or Selling General Administrative of 186 M, as well as many indicators such as Price To Sales Ratio of 2.8, Dividend Yield of 0.0175 or PTB Ratio of 1.87. Albany financial statements analysis is a perfect complement when working with Albany International Valuation or Volatility modules.
Albany | Total Cash From Financing Activities |
Latest Albany International's Total Cash From Financing Activities Growth Pattern
Below is the plot of the Total Cash From Financing Activities of Albany International over the last few years. It is Albany International's Total Cash From Financing Activities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Albany International's overall financial position and show how it may be relating to other accounts over time.
Total Cash From Financing Activities | 10 Years Trend |
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Total Cash From Financing Activities |
Timeline |
Albany Total Cash From Financing Activities Regression Statistics
Arithmetic Mean | (30,791,863) | |
Geometric Mean | 40,092,416 | |
Coefficient Of Variation | (212.69) | |
Mean Deviation | 41,252,806 | |
Median | (50,008,950) | |
Standard Deviation | 65,489,977 | |
Sample Variance | 4288.9T | |
Range | 273.8M | |
R-Value | (0.16) | |
Mean Square Error | 4494.5T | |
R-Squared | 0.03 | |
Significance | 0.56 | |
Slope | (2,403,009) | |
Total Sum of Squares | 60045.1T |
Albany Total Cash From Financing Activities History
About Albany International Financial Statements
Albany International investors utilize fundamental indicators, such as Total Cash From Financing Activities, to predict how Albany Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Total Cash From Financing Activities | -52.6 M | -50 M |
Pair Trading with Albany International
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 Albany International 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 Albany International will appreciate offsetting losses from the drop in the long position's value.Moving against Albany Stock
The ability to find closely correlated positions to Albany International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albany International 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 Albany International - 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 Albany International to buy it.
The correlation of Albany International 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 Albany International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albany International 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 Albany International 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 the analysis of Albany International Correlation against competitors. To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Industrial Machinery & Supplies & Components space 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 Albany International. If investors know Albany 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 Albany International 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 (0.34) | Dividend Share 1.04 | Earnings Share 3.2 | Revenue Per Share 40.587 | Quarterly Revenue Growth 0.061 |
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International'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 Albany International's market value can be influenced by many factors that don't directly affect Albany International'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 Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International'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.