Align Net Interest Income from 2010 to 2026
| ALGN Stock | USD 190.02 0.62 0.33% |
Net Interest Income | First Reported 2019-03-31 | Previous Quarter 2.9 M | Current Value 3.2 M | Quarterly Volatility 2 M |
Check Align Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Align Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 189.6 M, Interest Expense of 2.3 M or Selling General Administrative of 1.9 B, as well as many indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.0 or PTB Ratio of 5.31. Align financial statements analysis is a perfect complement when working with Align Technology Valuation or Volatility modules.
Align | Net Interest Income | Build AI portfolio with Align Stock |
Evaluating Align Technology's Net Interest Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Align Technology's fundamental strength.
Latest Align Technology's Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Align Technology over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Align Technology's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Align Technology's overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Align Net Interest Income Regression Statistics
| Arithmetic Mean | 4,839,879 | |
| Coefficient Of Variation | 234.37 | |
| Mean Deviation | 9,625,401 | |
| Median | 3,125,000 | |
| Standard Deviation | 11,343,433 | |
| Sample Variance | 128.7T | |
| Range | 30.8M | |
| R-Value | 0.89 | |
| Mean Square Error | 28.6T | |
| R-Squared | 0.79 | |
| Slope | 1,998,321 | |
| Total Sum of Squares | 2058.8T |
Align Net Interest Income History
About Align Technology Financial Statements
Align Technology investors utilize fundamental indicators, such as Net Interest Income, to predict how Align 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 | ||
| Net Interest Income | 23.3 M | 24.4 M |
Pair Trading with Align Technology
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 Align Technology 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 Align Technology will appreciate offsetting losses from the drop in the long position's value.Moving against Align Stock
| 0.84 | OTC | Ocumetics Technology Corp | PairCorr |
| 0.77 | ELAB | Elevai Labs Common | PairCorr |
| 0.74 | EW | Edwards Lifesciences Corp | PairCorr |
| 0.73 | IPD | Impedimed Earnings Call This Week | PairCorr |
| 0.68 | VVOS | Vivos Therapeutics | PairCorr |
The ability to find closely correlated positions to Align Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Align Technology 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 Align Technology - 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 Align Technology to buy it.
The correlation of Align Technology 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 Align Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Align Technology 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 Align Technology 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 Align Technology Correlation against competitors. To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Will Health Care Equipment & Supplies sector continue expanding? Could Align diversify its offerings? Factors like these will boost the valuation of Align Technology. If investors know Align will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Align Technology data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.359 | Earnings Share 5.64 | Revenue Per Share | Quarterly Revenue Growth 0.053 | Return On Assets |
Investors evaluate Align Technology using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Align Technology's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Align Technology's market price to deviate significantly from intrinsic value.
Understanding that Align Technology's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Align Technology represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Align Technology's market price signifies the transaction level at which participants voluntarily complete trades.