Allegiant Net Income from 2010 to 2025
| APRO Stock | USD 0.0001 0.00 0.000003% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -5.6 M | Current Value -5.3 M | Quarterly Volatility 1.5 M |
Check Allegiant Professional financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegiant Professional's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 3.1 M, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0 or Days Sales Outstanding of 16.2. Allegiant financial statements analysis is a perfect complement when working with Allegiant Professional Valuation or Volatility modules.
Allegiant | Net Income | Build AI portfolio with Allegiant Stock |
Pair Trading with Allegiant Professional
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 Allegiant Professional 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 Allegiant Professional will appreciate offsetting losses from the drop in the long position's value.Moving together with Allegiant Stock
The ability to find closely correlated positions to Allegiant Professional could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allegiant Professional 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 Allegiant Professional - 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 Allegiant Professional Business to buy it.
The correlation of Allegiant Professional 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 Allegiant Professional moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allegiant Professional 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 Allegiant Professional 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 Allegiant Professional Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Commercial Services & Supplies 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 Allegiant Professional. If investors know Allegiant 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 Allegiant Professional listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Allegiant Professional is measured differently than its book value, which is the value of Allegiant that is recorded on the company's balance sheet. Investors also form their own opinion of Allegiant Professional's value that differs from its market value or its book value, called intrinsic value, which is Allegiant Professional'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 Allegiant Professional's market value can be influenced by many factors that don't directly affect Allegiant Professional'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 Allegiant Professional's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegiant Professional is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegiant Professional'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.