Alleghany Price to Sales vs. Retained Earnings

YDelisted Stock  USD 847.79  0.02  0%   
Based on the key profitability measurements obtained from Alleghany's financial statements, Alleghany may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Alleghany's ability to earn profits and add value for shareholders.
For Alleghany profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alleghany to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alleghany utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alleghany's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alleghany over time as well as its relative position and ranking within its peers.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Please note, there is a significant difference between Alleghany's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alleghany is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alleghany'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.

Alleghany Retained Earnings vs. Price to Sales Fundamental Analysis

Alleghany Retained Earnings vs. Price to Sales

Alleghany

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Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Alleghany

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

 = 
4.87 B
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Alleghany Retained Earnings Comparison

Alleghany is currently under evaluation in retained earnings category among related companies.

Use Alleghany in pair-trading

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

Alleghany Pair Trading

Alleghany Pair Trading Analysis

The ability to find closely correlated positions to Alleghany could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alleghany 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 Alleghany - 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 Alleghany to buy it.
The correlation of Alleghany 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 Alleghany moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alleghany 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 Alleghany 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

Use Investing Themes to Complement your Alleghany position

In addition to having Alleghany in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Latest Losers Thematic Idea Now

Latest Losers
Latest Losers Theme
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 177 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Latest Losers Theme or any other thematic opportunities.
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Other Consideration for investing in Alleghany Stock

If you are still planning to invest in Alleghany check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alleghany's history and understand the potential risks before investing.
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