Ames Price Earnings To Growth Ratio from 2010 to 2024

ATLO Stock  USD 17.62  0.12  0.68%   
Ames National Price Earnings To Growth Ratio yearly trend continues to be very stable with very little volatility. Price Earnings To Growth Ratio is likely to grow to -0.38 this year. During the period from 2010 to 2024, Ames National Price Earnings To Growth Ratio quarterly data regression pattern had sample variance of  23.93 and median of  0.57. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
(0.40)
Current Value
(0.38)
Quarterly Volatility
4.89156335
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ames National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ames National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 31.2 M or Selling General Administrative of 16 M, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0289 or PTB Ratio of 1.76. Ames financial statements analysis is a perfect complement when working with Ames National Valuation or Volatility modules.
  
Check out the analysis of Ames National Correlation against competitors.
To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.

Latest Ames National's Price Earnings To Growth Ratio Growth Pattern

Below is the plot of the Price Earnings To Growth Ratio of Ames National over the last few years. It is Ames National's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ames National's overall financial position and show how it may be relating to other accounts over time.
Price Earnings To Growth Ratio10 Years Trend
Very volatile
   Price Earnings To Growth Ratio   
       Timeline  

Ames Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean0.14
Geometric Mean1.59
Coefficient Of Variation3,543
Mean Deviation3.10
Median0.57
Standard Deviation4.89
Sample Variance23.93
Range20.5396
R-Value0.09
Mean Square Error25.57
R-Squared0.01
Significance0.76
Slope0.1
Total Sum of Squares334.98

Ames Price Earnings To Growth Ratio History

2024 -0.38
2023 -0.4
2022 -0.6
2021 0.34
2020 1.08
2019 9.2
2018 0.57

About Ames National Financial Statements

Ames National investors utilize fundamental indicators, such as Price Earnings To Growth Ratio, to predict how Ames 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 ReportedProjected for Next Year
Price Earnings To Growth Ratio(0.40)(0.38)

Pair Trading with Ames National

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 Ames National 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 Ames National will appreciate offsetting losses from the drop in the long position's value.

Moving against Ames Stock

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The ability to find closely correlated positions to Ames National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ames National 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 Ames National - 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 Ames National to buy it.
The correlation of Ames National 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 Ames National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ames National 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 Ames National 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 CorrelationCorrelation Matching
When determining whether Ames National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ames National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ames National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ames National Stock:
Check out the analysis of Ames National Correlation against competitors.
To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Regional Banks 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 Ames National. If investors know Ames 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 Ames National 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
(0.24)
Dividend Share
1.01
Earnings Share
0.97
Revenue Per Share
5.679
Quarterly Revenue Growth
(0.01)
The market value of Ames National is measured differently than its book value, which is the value of Ames that is recorded on the company's balance sheet. Investors also form their own opinion of Ames National's value that differs from its market value or its book value, called intrinsic value, which is Ames National'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 Ames National's market value can be influenced by many factors that don't directly affect Ames National'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 Ames National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ames National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ames National'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.