American Graham Number from 2010 to 2024
| AMS Stock | USD 2.93 0.13 4.25% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 2.77153488 | Current Value 2.63 | Quarterly Volatility 1.95988772 |
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.
American | Graham Number |
Latest American Shared's Graham Number Growth Pattern
Below is the plot of the Graham Number of American Shared Hospital over the last few years. It is American Shared's Graham Number 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.
| Graham Number | 10 Years Trend |
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Graham Number |
| Timeline |
American Graham Number Regression Statistics
| Arithmetic Mean | 4.21 | |
| Geometric Mean | 3.77 | |
| Coefficient Of Variation | 46.53 | |
| Mean Deviation | 1.41 | |
| Median | 4.04 | |
| Standard Deviation | 1.96 | |
| Sample Variance | 3.84 | |
| Range | 8.4616 | |
| R-Value | 0.18 | |
| Mean Square Error | 4.00 | |
| R-Squared | 0.03 | |
| Significance | 0.51 | |
| Slope | 0.08 | |
| Total Sum of Squares | 53.78 |
American Graham Number History
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 Graham Number, 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 Reported | Projected for Next Year | ||
| Graham Number | 2.77 | 2.63 |
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
| 0.8 | NRC | National Research Corp Earnings Call This Week | PairCorr |
| 0.75 | HCAT | Health Catalyst Financial Report 14th of May 2024 | PairCorr |
| 0.66 | VEEV | Veeva Systems Class Financial Report 29th of May 2024 | PairCorr |
| 0.64 | DH | Definitive Healthcare | PairCorr |
| 0.63 | CVS | CVS Health Corp | PairCorr |
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.Check out the analysis of American Shared Correlation against competitors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.
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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.