Ameriprise Price To Book Ratio from 2010 to 2024
| AMP Stock | USD 410.01 0.90 0.22% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 8.48975069 | Current Value 8.91 | Quarterly Volatility 2.64341322 |
Check Ameriprise Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ameriprise main balance sheet or income statement drivers, such as Interest Expense of 337 M, Total Revenue of 10.8 B or Gross Profit of 9.6 B, as well as many exotic indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0149 or PTB Ratio of 8.91. Ameriprise financial statements analysis is a perfect complement when working with Ameriprise Financial Valuation or Volatility modules.
Ameriprise | Price To Book Ratio |
Latest Ameriprise Financial's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Ameriprise Financial over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. Ameriprise Financial's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ameriprise Financial's overall financial position and show how it may be relating to other accounts over time.
| Price To Book Ratio | 10 Years Trend |
|
Price To Book Ratio |
| Timeline |
Ameriprise Price To Book Ratio Regression Statistics
| Arithmetic Mean | 4.24 | |
| Geometric Mean | 3.56 | |
| Coefficient Of Variation | 62.30 | |
| Mean Deviation | 2.07 | |
| Median | 3.12 | |
| Standard Deviation | 2.64 | |
| Sample Variance | 6.99 | |
| Range | 7.9115 | |
| R-Value | 0.89 | |
| Mean Square Error | 1.53 | |
| R-Squared | 0.80 | |
| Slope | 0.53 | |
| Total Sum of Squares | 97.83 |
Ameriprise Price To Book Ratio History
About Ameriprise Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ameriprise Financial income statement, its balance sheet, and the statement of cash flows. Ameriprise Financial investors use historical funamental indicators, such as Ameriprise Financial's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Ameriprise Financial investors may use each financial statement separately, they are all related. The changes in Ameriprise Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ameriprise Financial'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 Ameriprise Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ameriprise Financial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Book Ratio | 8.49 | 8.91 |
Pair Trading with Ameriprise Financial
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 Ameriprise 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 Ameriprise Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Ameriprise Stock
| 0.63 | DIST | Distoken Acquisition | PairCorr |
| 0.62 | TW | Tradeweb Markets | PairCorr |
Moving against Ameriprise Stock
| 0.76 | CDAQW | Compass Digital Acqu | PairCorr |
| 0.73 | TENKR | TenX Keane Acquisition | PairCorr |
| 0.72 | CDAQU | Compass Digital Acqu | PairCorr |
| 0.61 | PFTAU | Portage Fintech Acqu | PairCorr |
| 0.58 | TETEW | Technology Telecommunicatio | PairCorr |
The ability to find closely correlated positions to Ameriprise 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 Ameriprise 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 Ameriprise 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 Ameriprise Financial to buy it.
The correlation of Ameriprise 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 Ameriprise Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameriprise 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 Ameriprise 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.Check out the analysis of Ameriprise Financial Correlation against competitors. To learn how to invest in Ameriprise Stock, please use our How to Invest in Ameriprise Financial guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Ameriprise Stock analysis
When running Ameriprise Financial's price analysis, check to measure Ameriprise Financial'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 Ameriprise Financial is operating at the current time. Most of Ameriprise Financial's value examination focuses on studying past and present price action to predict the probability of Ameriprise Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameriprise Financial's price. Additionally, you may evaluate how the addition of Ameriprise Financial to your portfolios can decrease your overall portfolio volatility.
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Is Ameriprise Financial'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 Ameriprise Financial. If investors know Ameriprise 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 Ameriprise Financial 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 1.496 | Dividend Share 5.4 | Earnings Share 29.4 | Revenue Per Share 158.736 | Quarterly Revenue Growth 0.125 |
The market value of Ameriprise Financial is measured differently than its book value, which is the value of Ameriprise that is recorded on the company's balance sheet. Investors also form their own opinion of Ameriprise Financial's value that differs from its market value or its book value, called intrinsic value, which is Ameriprise Financial'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 Ameriprise Financial's market value can be influenced by many factors that don't directly affect Ameriprise Financial'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 Ameriprise Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameriprise Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameriprise Financial'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.