Allison Market Capitalization from 2010 to 2024

ALSN Stock  USD 97.82  1.55  1.56%   
Allison Transmission Market Cap yearly trend continues to be very stable with very little volatility. Market Cap is likely to drop to about 4 B.
Check Allison Transmission financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allison Transmission's main balance sheet or income statement drivers, such as Depreciation And Amortization of 132.3 M, Interest Expense of 114.9 M or Selling General Administrative of 280.3 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0128 or PTB Ratio of 4.43. Allison financial statements analysis is a perfect complement when working with Allison Transmission Valuation or Volatility modules.
  
Check out the analysis of Allison Transmission Correlation against competitors.

Latest Allison Transmission's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Allison Transmission Holdings over the last few years. It is Allison Transmission's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allison Transmission's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 8.52 B10 Years Trend
Pretty Stable
   Market Cap   
       Timeline  

Allison Market Capitalization Regression Statistics

Arithmetic Mean5,097,245,736
Geometric Mean5,042,493,177
Coefficient Of Variation14.81
Mean Deviation600,421,167
Median5,288,506,702
Standard Deviation754,807,256
Sample Variance569734T
Range2.7B
R-Value0.19
Mean Square Error592292.3T
R-Squared0.03
Significance0.51
Slope31,423,160
Total Sum of Squares7976275.9T

Allison Market Capitalization History

2024B
20234.8 B
20195.3 B
20185.8 B
20176.4 B
20145.7 B
20135.1 B

About Allison Transmission Financial Statements

Allison Transmission investors utilize fundamental indicators, such as Market Capitalization, to predict how Allison Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical U.S. defense vehicles worldwide. Allison Transmission Holdings, Inc. was founded in 1915 and is headquartered in Indianapolis, Indiana. Allison Transmission operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 3400 people.

Pair Trading with Allison Transmission

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 Allison Transmission 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 Allison Transmission will appreciate offsetting losses from the drop in the long position's value.

Moving together with Allison Stock

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Moving against Allison Stock

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The ability to find closely correlated positions to Allison Transmission could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allison Transmission 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 Allison Transmission - 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 Allison Transmission Holdings to buy it.
The correlation of Allison Transmission 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 Allison Transmission moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allison Transmission 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 Allison Transmission 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 Allison Transmission offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allison Transmission's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Allison Transmission Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allison Transmission Holdings Stock:
Check out the analysis of Allison Transmission Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction Machinery & Heavy Transportation Equipment space 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 Allison Transmission. If investors know Allison 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 Allison Transmission 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
1.17
Dividend Share
0.96
Earnings Share
7.7
Revenue Per Share
35.209
Quarterly Revenue Growth
0.204
The market value of Allison Transmission is measured differently than its book value, which is the value of Allison that is recorded on the company's balance sheet. Investors also form their own opinion of Allison Transmission's value that differs from its market value or its book value, called intrinsic value, which is Allison Transmission'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 Allison Transmission's market value can be influenced by many factors that don't directly affect Allison Transmission'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 Allison Transmission's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allison Transmission is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allison Transmission'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.