FTAI Net Tangible Assets vs Property Plant Equipment Analysis
FIP Stock | USD 8.46 0.05 0.59% |
FTAI Infrastructure financial indicator trend analysis is much more than just examining FTAI Infrastructure latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FTAI Infrastructure is a good investment. Please check the relationship between FTAI Infrastructure Net Tangible Assets and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTAI Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in FTAI Stock, please use our How to Invest in FTAI Infrastructure guide.
Net Tangible Assets vs Property Plant Equipment
Net Tangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FTAI Infrastructure Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between FTAI Infrastructure's Net Tangible Assets and Property Plant Equipment is 0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of FTAI Infrastructure, assuming nothing else is changed. The correlation between historical values of FTAI Infrastructure's Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of FTAI Infrastructure are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., FTAI Infrastructure's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Property Plant Equipment
Most indicators from FTAI Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FTAI Infrastructure 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTAI Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in FTAI Stock, please use our How to Invest in FTAI Infrastructure guide.At this time, FTAI Infrastructure's Tax Provision is relatively stable compared to the past year. As of 11/22/2024, Selling General Administrative is likely to grow to about 17.1 M, while Enterprise Value is likely to drop slightly above 1.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 16.0M | 53.2M | 99.6M | 104.6M | Depreciation And Amortization | 54.0M | 70.7M | 81.0M | 59.4M |
FTAI Infrastructure fundamental ratios Correlations
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FTAI Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with FTAI Infrastructure
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 FTAI Infrastructure 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 FTAI Infrastructure will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to FTAI Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FTAI Infrastructure 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 FTAI Infrastructure - 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 FTAI Infrastructure to buy it.
The correlation of FTAI Infrastructure 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 FTAI Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FTAI Infrastructure 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 FTAI Infrastructure 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.Additional Tools for FTAI Stock Analysis
When running FTAI Infrastructure's price analysis, check to measure FTAI Infrastructure'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 FTAI Infrastructure is operating at the current time. Most of FTAI Infrastructure's value examination focuses on studying past and present price action to predict the probability of FTAI Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FTAI Infrastructure's price. Additionally, you may evaluate how the addition of FTAI Infrastructure to your portfolios can decrease your overall portfolio volatility.