Allegheny Days Of Payables Outstanding from 2010 to 2024
| ATI Stock | USD 58.16 0.11 0.19% |
Days Of Payables Outstanding | First Reported 2010-12-31 | Previous Quarter 28.4109044 | Current Value 31.86 | Quarterly Volatility 10.61581854 |
Check Allegheny Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegheny main balance sheet or income statement drivers, such as Depreciation And Amortization of 146.8 M, Interest Expense of 67.3 M or Selling General Administrative of 182.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0165 or PTB Ratio of 2.76. Allegheny financial statements analysis is a perfect complement when working with Allegheny Technologies Valuation or Volatility modules.
Allegheny | Days Of Payables Outstanding |
Latest Allegheny Technologies' Days Of Payables Outstanding Growth Pattern
Below is the plot of the Days Of Payables Outstanding of Allegheny Technologies Incorporated over the last few years. It is Allegheny Technologies' Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allegheny Technologies' overall financial position and show how it may be relating to other accounts over time.
| Days Of Payables Outstanding | 10 Years Trend |
|
Days Of Payables Outstanding |
| Timeline |
Allegheny Days Of Payables Outstanding Regression Statistics
| Arithmetic Mean | 44.25 | |
| Geometric Mean | 43.05 | |
| Coefficient Of Variation | 23.99 | |
| Mean Deviation | 8.86 | |
| Median | 42.06 | |
| Standard Deviation | 10.62 | |
| Sample Variance | 112.70 | |
| Range | 36.2808 | |
| R-Value | 0.15 | |
| Mean Square Error | 118.72 | |
| R-Squared | 0.02 | |
| Significance | 0.60 | |
| Slope | 0.35 | |
| Total Sum of Squares | 1,578 |
Allegheny Days Of Payables Outstanding History
About Allegheny Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Allegheny Technologies income statement, its balance sheet, and the statement of cash flows. Allegheny Technologies investors use historical funamental indicators, such as Allegheny Technologies's Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Allegheny Technologies investors may use each financial statement separately, they are all related. The changes in Allegheny Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Allegheny Technologies'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 Allegheny Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Allegheny Technologies. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Payables Outstanding | 28.41 | 31.86 |
Allegheny Technologies Investors Sentiment
The influence of Allegheny Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Allegheny. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Allegheny Technologies' public news can be used to forecast risks associated with an investment in Allegheny. The trend in average sentiment can be used to explain how an investor holding Allegheny can time the market purely based on public headlines and social activities around Allegheny Technologies Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Allegheny Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Allegheny Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Allegheny Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Allegheny Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Allegheny Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Allegheny Technologies' short interest history, or implied volatility extrapolated from Allegheny Technologies options trading.
Pair Trading with Allegheny Technologies
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 Allegheny Technologies 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 Allegheny Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Allegheny Stock
| 0.77 | ESAB | ESAB Corp Financial Report 7th of May 2024 | PairCorr |
| 0.79 | CRS | Carpenter Technology Financial Report 25th of July 2024 | PairCorr |
Moving against Allegheny Stock
| 0.78 | SGBX | SG Blocks | PairCorr |
| 0.64 | RYI | Ryerson Holding Corp Financial Report 6th of May 2024 | PairCorr |
| 0.62 | AP | Ampco Pittsburgh | PairCorr |
| 0.6 | PRLB | Proto Labs | PairCorr |
The ability to find closely correlated positions to Allegheny Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allegheny Technologies 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 Allegheny Technologies - 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 Allegheny Technologies Incorporated to buy it.
The correlation of Allegheny Technologies 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 Allegheny Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allegheny Technologies 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 Allegheny Technologies 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 Allegheny Technologies Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Allegheny Stock analysis
When running Allegheny Technologies' price analysis, check to measure Allegheny Technologies' 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 Allegheny Technologies is operating at the current time. Most of Allegheny Technologies' value examination focuses on studying past and present price action to predict the probability of Allegheny Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegheny Technologies' price. Additionally, you may evaluate how the addition of Allegheny Technologies to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
Is Allegheny Technologies' 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 Allegheny Technologies. If investors know Allegheny 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 Allegheny Technologies 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 (0.20) | Earnings Share 2.69 | Revenue Per Share 32.766 | Quarterly Revenue Growth 0.005 | Return On Assets 0.056 |
The market value of Allegheny Technologies is measured differently than its book value, which is the value of Allegheny that is recorded on the company's balance sheet. Investors also form their own opinion of Allegheny Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allegheny Technologies' 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 Allegheny Technologies' market value can be influenced by many factors that don't directly affect Allegheny Technologies' 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 Allegheny Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegheny Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegheny Technologies' 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.