Alliance Financial Net Income vs. Total Debt
| 2488 Stock | 4.91 0.03 0.61% |
For Alliance Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alliance Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alliance Financial Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alliance Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alliance Financial Group over time as well as its relative position and ranking within its peers.
Alliance |
Alliance Financial Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alliance Financial's current stock value. Our valuation model uses many indicators to compare Alliance Financial value to that of its competitors to determine the firm's financial worth. Alliance Financial Group is rated below average in net income category among its peers. It is rated below average in total debt category among its peers making up about 2.84 of Total Debt per Net Income. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alliance Financial's earnings, one of the primary drivers of an investment's value.Alliance Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Alliance Financial |
| = | 827.36 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Alliance Financial |
| = | 2.35 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Alliance Total Debt vs Competition
Alliance Financial Group is rated below average in total debt category among its peers. Total debt of Banking Services industry is presently estimated at about 12.21 Billion. Alliance Financial retains roughly 2.35 Billion in total debt claiming about 19% of stocks in Banking Services industry.
Alliance Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alliance Financial. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alliance Financial position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alliance Financial's important profitability drivers and their relationship over time.
Use Alliance Financial in pair-trading
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 Alliance Financial 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 Alliance Financial will appreciate offsetting losses from the drop in the long position's value.Alliance Financial Pair Trading
Alliance Financial Group Pair Trading Analysis
The ability to find closely correlated positions to Alliance Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alliance Financial 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 Alliance Financial - 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 Alliance Financial Group to buy it.
The correlation of Alliance Financial 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 Alliance Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alliance Financial 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 Alliance Financial 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.Use Investing Themes to Complement your Alliance Financial position
In addition to having Alliance Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Sport Products Thematic Idea Now
Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sport Products Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Alliance Stock
To fully project Alliance Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alliance Financial at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Alliance Financial's income statement, its balance sheet, and the statement of cash flows.