AMN Income Tax Expense from 2010 to 2024
| AMN Stock | USD 27.15 0.45 1.63% |
Income Tax Expense | First Reported 2000-03-31 | Previous Quarter 5.7 M | Current Value 819 K | Quarterly Volatility 11.8 M |
Check AMN Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AMN Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 169 M, Interest Expense of 56.8 M or Selling General Administrative of 794 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 6.64. AMN financial statements analysis is a perfect complement when working with AMN Healthcare Valuation or Volatility modules.
AMN | Income Tax Expense |
Latest AMN Healthcare's Income Tax Expense Growth Pattern
Below is the plot of the Income Tax Expense of AMN Healthcare Services over the last few years. It is AMN Healthcare's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AMN Healthcare's overall financial position and show how it may be relating to other accounts over time.
| Income Tax Expense | 10 Years Trend |
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Income Tax Expense |
| Timeline |
AMN Income Tax Expense Regression Statistics
| Arithmetic Mean | 51,055,167 | |
| Coefficient Of Variation | 86.75 | |
| Mean Deviation | 33,905,267 | |
| Median | 39,198,000 | |
| Standard Deviation | 44,288,505 | |
| Sample Variance | 1961.5T | |
| Range | 165.2M | |
| R-Value | 0.73 | |
| Mean Square Error | 978.7T | |
| R-Squared | 0.54 | |
| Significance | 0 | |
| Slope | 7,254,880 | |
| Total Sum of Squares | 27460.6T |
AMN Income Tax Expense History
About AMN Healthcare Financial Statements
AMN Healthcare investors utilize fundamental indicators, such as Income Tax Expense, to predict how AMN 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.
| Last Reported | Projected for Next Year | ||
| Income Tax Expense | 73.6 M | 77.3 M |
Pair Trading with AMN Healthcare
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 AMN Healthcare 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 AMN Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against AMN Stock
| 0.94 | ELMD | Electromed | PairCorr |
| 0.9 | DOCS | Doximity | PairCorr |
| 0.83 | OM | Outset Medical Buyout Trend | PairCorr |
| 0.8 | MD | Mednax Inc | PairCorr |
| 0.79 | VREX | Varex Imaging Corp | PairCorr |
The ability to find closely correlated positions to AMN Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMN Healthcare 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 AMN Healthcare - 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 AMN Healthcare Services to buy it.
The correlation of AMN Healthcare 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 AMN Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMN Healthcare Services 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 AMN Healthcare 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 AMN Healthcare Correlation against competitors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Providers & Services 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 AMN Healthcare. If investors know AMN 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 AMN Healthcare 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 (0.87) | Earnings Share 1.43 | Revenue Per Share 80.434 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0315 |
The market value of AMN Healthcare Services is measured differently than its book value, which is the value of AMN that is recorded on the company's balance sheet. Investors also form their own opinion of AMN Healthcare's value that differs from its market value or its book value, called intrinsic value, which is AMN Healthcare'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 AMN Healthcare's market value can be influenced by many factors that don't directly affect AMN Healthcare'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 AMN Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMN Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMN Healthcare'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.