American Return On Equity from 2010 to 2024
| AMT Stock | USD 193.82 0.55 0.28% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.35331809 | Current Value 0.37 | Quarterly Volatility 0.14018808 |
Check American Tower financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Tower's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 B, Interest Expense of 1.5 B or Selling General Administrative of 1 B, as well as many indicators such as Price To Sales Ratio of 12.29, Dividend Yield of 0.0308 or PTB Ratio of 25.16. American financial statements analysis is a perfect complement when working with American Tower Valuation or Volatility modules.
American | Return On Equity |
Latest American Tower's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of American Tower Corp over the last few years. Return on Equity is the amount of American Tower Corp net income returned as a percentage of American Tower equity. Return on equity measures American Tower profitability by revealing how much profit American Tower Corp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. American Tower's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Tower's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.17 | 10 Years Trend |
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Return On Equity |
| Timeline |
American Return On Equity Regression Statistics
| Arithmetic Mean | 0.24 | |
| Coefficient Of Variation | 57.54 | |
| Mean Deviation | 0.12 | |
| Median | 0.21 | |
| Standard Deviation | 0.14 | |
| Sample Variance | 0.02 | |
| Range | 0.5201 | |
| R-Value | 0.85 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.72 | |
| Significance | 0.000069 | |
| Slope | 0.03 | |
| Total Sum of Squares | 0.28 |
American Return On Equity History
About American Tower Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include American Tower income statement, its balance sheet, and the statement of cash flows. American Tower investors use historical funamental indicators, such as American Tower's Return On Equity, to determine how well the company is positioned to perform in the future. Although American Tower investors may use each financial statement separately, they are all related. The changes in American Tower's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Tower'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 Tower Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Tower. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.35 | 0.37 |
Pair Trading with American Tower
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 Tower 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 Tower will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to American Tower 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 Tower 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 Tower - 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 Tower Corp to buy it.
The correlation of American Tower 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 Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Tower Corp 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 Tower 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.Additional Tools for American Stock Analysis
When running American Tower's price analysis, check to measure American Tower'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 Tower is operating at the current time. Most of American Tower's value examination focuses on studying past and present price action to predict the probability of American Tower'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 Tower's price. Additionally, you may evaluate how the addition of American Tower to your portfolios can decrease your overall portfolio volatility.