Altisource Short Term Debt vs Common Stock Analysis

ASPS Stock

USD 1.97 0.10 5.35%

Altisource Portfolio financial indicator trend analysis is way more than just evaluating Altisource Portfolio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altisource Portfolio is a good investment. Please check the relationship between Altisource Portfolio Short Term Debt and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altisource Portfolio Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Short Term Debt vs Common Stock

Short Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altisource Portfolio Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Altisource Portfolio's Short Term Debt and Common Stock is 0.15. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Altisource Portfolio Solutions, assuming nothing else is changed. The correlation between historical values of Altisource Portfolio's Short Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Altisource Portfolio Solutions are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., Altisource Portfolio's Short Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Common Stock

Most indicators from Altisource Portfolio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altisource Portfolio 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Altisource Portfolio Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Tax Provision is likely to gain to about 11 M in 2024, whereas Selling General Administrative is likely to drop slightly above 36.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	7.1M	21.8M	23.8M	22.6M
Total Revenue	178.5M	153.1M	153.3M	145.7M

Gross Profit Total Revenue

Altisource Portfolio fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.9	0.93	0.67	0.37	0.79	0.54	0.81	0.69	0.1	0.47	0.82	0.8	0.27	0.87	0.8	0.88	0.24	0.78	0.98	-0.09	0.92	0.79	0.27	0.78	-0.51
Other Current Liab	0.9		0.96	0.41	0.25	0.89	0.24	0.86	0.67	0.05	0.45	0.87	0.77	0.24	0.91	0.85	0.93	0.07	0.8	0.81	0.03	0.95	0.83	0.25	0.83	-0.53
Total Current Liabilities	0.93	0.96		0.45	0.33	0.88	0.27	0.85	0.73	0.09	0.46	0.88	0.85	0.35	0.92	0.84	0.94	0.29	0.8	0.86	-0.06	0.93	0.86	0.35	0.83	-0.54
Total Stockholder Equity	0.67	0.41	0.45		-0.03	0.22	0.71	0.11	0.05	0.35	0.41	0.14	0.39	-0.12	0.41	0.11	0.4	0.42	0.09	0.72	0.02	0.47	0.46	-0.12	0.06	-0.05
Accounts Payable	0.37	0.25	0.33	-0.03		0.18	0.48	0.53	0.68	-0.59	0.24	0.51	0.11	0.46	0.15	0.51	0.18	-0.28	0.62	0.42	-0.48	0.34	-0.04	0.46	0.54	-0.73
Cash	0.79	0.89	0.88	0.22	0.18		-0.01	0.85	0.59	0.11	0.41	0.86	0.79	0.33	0.9	0.85	0.92	0.13	0.76	0.68	0.19	0.89	0.88	0.34	0.84	-0.46
Other Assets	0.54	0.24	0.27	0.71	0.48	-0.01		0.2	0.33	-0.27	0.35	0.2	0.04	0.11	0.1	0.2	0.1	-0.03	0.28	0.65	-0.35	0.37	-0.01	0.11	0.18	-0.43
Long Term Debt	0.81	0.86	0.85	0.11	0.53	0.85	0.2		0.86	-0.16	0.26	1.0	0.72	0.44	0.82	1.0	0.83	-0.07	0.98	0.75	-0.14	0.84	0.67	0.44	1.0	-0.62
Good Will	0.69	0.67	0.73	0.05	0.68	0.59	0.33	0.86		-0.36	0.21	0.88	0.61	0.46	0.58	0.86	0.6	0.01	0.9	0.69	-0.47	0.68	0.37	0.46	0.88	-0.69
Common Stock Shares Outstanding	0.1	0.05	0.09	0.35	-0.59	0.11	-0.27	-0.16	-0.36		-0.27	-0.14	0.41	-0.23	0.3	-0.15	0.25	0.54	-0.22	0.09	0.41	-0.07	0.49	-0.25	-0.19	0.7
Other Current Assets	0.47	0.45	0.46	0.41	0.24	0.41	0.35	0.26	0.21	-0.27		0.26	0.27	-0.1	0.32	0.24	0.4	0.1	0.22	0.44	-0.17	0.52	0.32	-0.1	0.23	-0.68
Total Liab	0.82	0.87	0.88	0.14	0.51	0.86	0.2	1.0	0.88	-0.14	0.26		0.76	0.45	0.84	1.0	0.85	0.0	0.97	0.76	-0.14	0.85	0.69	0.46	0.99	-0.61
Intangible Assets	0.8	0.77	0.85	0.39	0.11	0.79	0.04	0.72	0.61	0.41	0.27	0.76		0.09	0.89	0.73	0.89	0.49	0.67	0.76	-0.09	0.68	0.86	0.09	0.72	-0.19
Common Stock	0.27	0.24	0.35	-0.12	0.46	0.33	0.11	0.44	0.46	-0.23	-0.1	0.45	0.09		0.17	0.44	0.19	0.1	0.44	0.24	0.08	0.32	0.21	1.0	0.46	-0.38
Property Plant Equipment	0.87	0.91	0.92	0.41	0.15	0.9	0.1	0.82	0.58	0.3	0.32	0.84	0.89	0.17		0.82	0.99	0.26	0.76	0.79	0.06	0.86	0.93	0.18	0.8	-0.33
Short Long Term Debt Total	0.8	0.85	0.84	0.11	0.51	0.85	0.2	1.0	0.86	-0.15	0.24	1.0	0.73	0.44	0.82		0.83	-0.07	0.98	0.74	-0.12	0.84	0.67	0.44	1.0	-0.6
Property Plant And Equipment Net	0.88	0.93	0.94	0.4	0.18	0.92	0.1	0.83	0.6	0.25	0.4	0.85	0.89	0.19	0.99	0.83		0.26	0.76	0.79	0.06	0.87	0.93	0.19	0.81	-0.39
Current Deferred Revenue	0.24	0.07	0.29	0.42	-0.28	0.13	-0.03	-0.07	0.01	0.54	0.1	0.0	0.49	0.1	0.26	-0.07	0.26		-0.13	0.26	-0.12	0.06	0.4	0.1	-0.07	0.23
Net Debt	0.78	0.8	0.8	0.09	0.62	0.76	0.28	0.98	0.9	-0.22	0.22	0.97	0.67	0.44	0.76	0.98	0.76	-0.13		0.74	-0.24	0.79	0.56	0.44	0.98	-0.64
Non Current Assets Total	0.98	0.81	0.86	0.72	0.42	0.68	0.65	0.75	0.69	0.09	0.44	0.76	0.76	0.24	0.79	0.74	0.79	0.26	0.74		-0.18	0.84	0.7	0.25	0.72	-0.48
Non Currrent Assets Other	-0.09	0.03	-0.06	0.02	-0.48	0.19	-0.35	-0.14	-0.47	0.41	-0.17	-0.14	-0.09	0.08	0.06	-0.12	0.06	-0.12	-0.24	-0.18		0.0	0.33	0.08	-0.15	0.39
Cash And Short Term Investments	0.92	0.95	0.93	0.47	0.34	0.89	0.37	0.84	0.68	-0.07	0.52	0.85	0.68	0.32	0.86	0.84	0.87	0.06	0.79	0.84	0.0		0.77	0.32	0.82	-0.64
Net Receivables	0.79	0.83	0.86	0.46	-0.04	0.88	-0.01	0.67	0.37	0.49	0.32	0.69	0.86	0.21	0.93	0.67	0.93	0.4	0.56	0.7	0.33	0.77		0.21	0.64	-0.15
Common Stock Total Equity	0.27	0.25	0.35	-0.12	0.46	0.34	0.11	0.44	0.46	-0.25	-0.1	0.46	0.09	1.0	0.18	0.44	0.19	0.1	0.44	0.25	0.08	0.32	0.21		0.46	-0.39
Non Current Liabilities Total	0.78	0.83	0.83	0.06	0.54	0.84	0.18	1.0	0.88	-0.19	0.23	0.99	0.72	0.46	0.8	1.0	0.81	-0.07	0.98	0.72	-0.15	0.82	0.64	0.46		-0.62
Other Stockholder Equity	-0.51	-0.53	-0.54	-0.05	-0.73	-0.46	-0.43	-0.62	-0.69	0.7	-0.68	-0.61	-0.19	-0.38	-0.33	-0.6	-0.39	0.23	-0.64	-0.48	0.39	-0.64	-0.15	-0.39	-0.62

Click cells to compare fundamentals

Altisource Portfolio Account Relationship Matchups

Altisource Portfolio fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	385.1M	265.7M	257.8M	195.0M	154.9M	147.1M
Other Current Liab	48.6M	41.7M	31.5M	19.3M	15.7M	14.9M
Total Current Liabilities	87.6M	71.5M	54.7M	40.1M	35.8M	34.0M
Total Stockholder Equity	(22.8M)	(83.8M)	(70.1M)	(119.6M)	(125.7M)	(119.4M)
Accounts Payable	22.4M	16.8M	16.0M	15.0M	15.3M	13.0M
Cash	82.7M	58.3M	98.1M	51.0M	32.5M	30.9M
Other Assets	21.6M	45.4M	12.5M	10.2M	11.7M	11.2M
Long Term Debt	287.9M	242.7M	243.6M	245.2M	215.6M	267.4M
Common Stock Shares Outstanding	16.0M	15.6M	16.1M	16.1M	22.4M	16.9M
Other Current Assets	15.2M	19.5M	21.9M	23.5M	(39.6M)	(37.6M)
Total Liab	406.5M	348.2M	326.7M	313.9M	279.9M	369.0M
Intangible Assets	61.0M	46.3M	36.9M	31.7M	26.5M	25.2M
Property Plant Equipment	53.6M	11.9M	6.9M	9.5M	11.0M	10.4M
Short Long Term Debt Total	287.9M	242.7M	243.6M	245.2M	219.1M	288.0M
Property Plant And Equipment Net	53.6M	30.1M	14.5M	9.5M	5.1M	4.8M
Current Deferred Revenue	5.2M	5.5M	4.3M	3.7M	3.2M	3.0M
Net Debt	205.1M	184.4M	145.5M	194.2M	186.6M	198.4M
Non Current Assets Total	200.9M	165.5M	119.8M	107.4M	99.3M	94.4M
Non Currrent Assets Other	7.0M	6.0M	2.1M	1.9M	3.9M	6.2M
Cash And Short Term Investments	125.4M	58.3M	98.1M	51.0M	32.5M	30.9M
Net Receivables	43.6M	22.4M	18.0M	13.0M	7.0M	6.7M
Liabilities And Stockholders Equity	385.1M	265.7M	257.8M	195.0M	154.9M	147.1M
Non Current Liabilities Total	318.9M	276.7M	271.9M	273.8M	244.2M	303.9M
Other Stockholder Equity	(320.3M)	(299.6M)	(282.1M)	(264.0M)	24.5M	25.8M
Property Plant And Equipment Gross	53.6M	30.1M	14.5M	9.5M	54.9M	57.3M
Total Current Assets	184.2M	100.2M	138.0M	87.6M	55.5M	52.8M
Short Term Debt	11.4M	7.6M	2.9M	2.1M	1.6M	1.5M
Other Liab	20.4M	34.0M	28.3M	25.2M	29.0M	18.3M
Retained Earnings	272.0M	190.4M	186.6M	118.9M	(180.2M)	(171.2M)
Treasury Stock	(443.3M)	(453.9M)	(441.0M)	(426.4M)	(383.8M)	(403.0M)
Net Tangible Assets	(157.7M)	(203.9M)	(163.0M)	(207.3M)	(186.6M)	(177.3M)
Noncontrolling Interest In Consolidated Entity	1.2M	1.5M	1.2M	1.3M	1.1M	1.2M
Retained Earnings Total Equity	590.7M	272.0M	190.4M	186.6M	214.6M	342.7M
Long Term Debt Total	331.5M	287.9M	242.7M	243.6M	280.2M	366.9M

Pair Trading with Altisource Portfolio

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 Altisource Portfolio 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 Altisource Portfolio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altisource Stock

0.7	UK	Ucommune International	Pair Corr
0.89	ZG	Zillow Group Financial Report 1st of May 2024	Pair Corr
0.77	CBL	CBL Associates Properties	Pair Corr

Moving against Altisource Stock

0.84	DOMA	Doma Holdings	Pair Corr
0.84	BHM	Bluerock Homes Trust	Pair Corr
0.69	MAYS	J W Mays	Pair Corr
0.46	FOR	Forestar Group Financial Report 18th of July 2024	Pair Corr

The ability to find closely correlated positions to Altisource Portfolio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altisource Portfolio 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 Altisource Portfolio - 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 Altisource Portfolio Solutions to buy it.

The correlation of Altisource Portfolio 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 Altisource Portfolio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altisource Portfolio 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 Altisource Portfolio 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 Correlation Correlation Matching

When determining whether Altisource Portfolio is a strong investment it is important to analyze Altisource Portfolio'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 Altisource Portfolio's future performance. For an informed investment choice regarding Altisource Stock, refer to the following important reports:

How To Invest In Altisource

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Is Altisource Stock a good investment?

Details

What is Altisource Portfolio's Net Worth?

Details

Largest Real Estate Management & Development Companies

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Largest Real Estate Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altisource Portfolio Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Altisource Portfolio's price analysis, check to measure Altisource Portfolio'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 Altisource Portfolio is operating at the current time. Most of Altisource Portfolio's value examination focuses on studying past and present price action to predict the probability of Altisource Portfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altisource Portfolio's price. Additionally, you may evaluate how the addition of Altisource Portfolio to your portfolios can decrease your overall portfolio volatility.

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Is Altisource Portfolio'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 Altisource Portfolio. If investors know Altisource 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 Altisource Portfolio 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

(0.10)

Earnings Share

(2.51)

Revenue Per Share

6.471

Quarterly Revenue Growth

(0.02)

Return On Assets

(0.06)

The market value of Altisource Portfolio is measured differently than its book value, which is the value of Altisource that is recorded on the company's balance sheet. Investors also form their own opinion of Altisource Portfolio's value that differs from its market value or its book value, called intrinsic value, which is Altisource Portfolio'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 Altisource Portfolio's market value can be influenced by many factors that don't directly affect Altisource Portfolio'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 Altisource Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altisource Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altisource Portfolio'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.

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Altisource Short Term Debt vs Common Stock Analysis

Short Term Debt vs Common Stock

Short Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Short Term Debt

Common Stock

Altisource Portfolio fundamental ratios Correlations

Altisource Portfolio Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altisource Portfolio fundamental ratios Accounts

Pair Trading with Altisource Portfolio

Moving together with Altisource Stock

Moving against Altisource Stock

Complementary Tools for Altisource Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Long Term Debt
Short Long Term Debt Total	+ 1.0	Long Term Debt
Non Current Liabilities Total	+ 1.0	Long Term Debt
Short Long Term Debt Total	+ 1.0	Total Liab
Common Stock Total Equity	+ 1.0	Common Stock
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total

Other Stockholder Equity	- 0.73	Accounts Payable
Other Stockholder Equity	- 0.69	Good Will
Other Stockholder Equity	- 0.68	Other Current Assets
Other Stockholder Equity	- 0.64	Cash And Short Term Investments
Other Stockholder Equity	- 0.64	Net Debt
Other Stockholder Equity	- 0.62	Non Current Liabilities Total