American Cash Per Share from 2010 to 2024

AMS Stock  USD 2.97  0.04  1.37%   
American Shared Cash Per Share yearly trend continues to be comparatively stable with very little volatility. Cash Per Share will likely drop to 1.65 in 2024. From the period from 2010 to 2024, American Shared Cash Per Share quarterly data regression had r-value of  0.35 and coefficient of variation of  78.67. View All Fundamentals
 
Cash Per Share  
First Reported
2010-12-31
Previous Quarter
2.17175212
Current Value
1.65
Quarterly Volatility
0.74770525
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Shared financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.6 M, Interest Expense of 1.1 M or Selling General Administrative of 4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.033 or PTB Ratio of 0.68. American financial statements analysis is a perfect complement when working with American Shared Valuation or Volatility modules.
  
This module can also supplement various American Shared Technical models . Check out the analysis of American Shared Correlation against competitors.

Latest American Shared's Cash Per Share Growth Pattern

Below is the plot of the Cash Per Share of American Shared Hospital over the last few years. It is American Shared's Cash Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Shared's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.94 X10 Years Trend
Slightly volatile
   Cash Per Share   
       Timeline  

American Cash Per Share Regression Statistics

Arithmetic Mean0.95
Geometric Mean0.70
Coefficient Of Variation78.67
Mean Deviation0.65
Median0.56
Standard Deviation0.75
Sample Variance0.56
Range2.0807
R-Value0.35
Mean Square Error0.53
R-Squared0.12
Significance0.20
Slope0.06
Total Sum of Squares7.83

American Cash Per Share History

2024 1.65
2023 2.17
2022 1.98
2021 1.37
2020 0.64
2019 0.3
2018 0.25

About American Shared Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include American Shared income statement, its balance sheet, and the statement of cash flows. American Shared investors use historical funamental indicators, such as American Shared's Cash Per Share, to determine how well the company is positioned to perform in the future. Although American Shared investors may use each financial statement separately, they are all related. The changes in American Shared's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Shared's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American Shared Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Shared. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Per Share 2.17  1.65 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Shared in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Shared's short interest history, or implied volatility extrapolated from American Shared options trading.

Pair Trading with American Shared

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 American Shared 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 American Shared will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

  0.8NRC National Research Corp Earnings Call This WeekPairCorr
  0.75HCAT Health Catalyst Financial Report 14th of May 2024 PairCorr
  0.66VEEV Veeva Systems Class Financial Report 29th of May 2024 PairCorr
  0.64DH Definitive HealthcarePairCorr
  0.63CVS CVS Health CorpPairCorr
The ability to find closely correlated positions to American Shared could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Shared 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 American Shared - 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 American Shared Hospital to buy it.
The correlation of American Shared 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 American Shared moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Shared Hospital 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 American Shared 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 American Shared Hospital is a strong investment it is important to analyze American Shared's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Shared's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out the analysis of American Shared Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for American Stock analysis

When running American Shared's price analysis, check to measure American Shared'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 American Shared is operating at the current time. Most of American Shared's value examination focuses on studying past and present price action to predict the probability of American Shared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shared's price. Additionally, you may evaluate how the addition of American Shared to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Is American Shared's industry 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 American Shared. If investors know American 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 American Shared 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
0.624
Earnings Share
0.1
Revenue Per Share
3.354
Quarterly Revenue Growth
0.131
Return On Assets
0.0315
The market value of American Shared Hospital is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Shared's value that differs from its market value or its book value, called intrinsic value, which is American Shared'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 American Shared's market value can be influenced by many factors that don't directly affect American Shared'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 American Shared's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Shared is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Shared'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.