AMP Stock | | | USD 542.39 3.61 0.67% |
Ameriprise Financial financial indicator trend analysis is way more than just evaluating Ameriprise Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ameriprise Financial is a good investment. Please check the relationship between Ameriprise Financial Net Income and its Free Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameriprise Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
To learn how to invest in Ameriprise Stock, please use our
How to Invest in Ameriprise Financial guide.
Net Income vs Free Cash Flow
Net Income vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ameriprise Financial Net Income account and
Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ameriprise Financial's Net Income and Free Cash Flow is 0.56. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Ameriprise Financial, assuming nothing else is changed. The correlation between historical values of Ameriprise Financial's Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Ameriprise Financial are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Ameriprise Financial's Net Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ameriprise Financial financial statement analysis. It represents the amount of money remaining after all of Ameriprise Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Ameriprise Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ameriprise Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameriprise Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
To learn how to invest in Ameriprise Stock, please use our
How to Invest in Ameriprise Financial guide.At this time, Ameriprise Financial's
Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/27/2024,
Enterprise Value Over EBITDA is likely to grow to 13.42, while
Tax Provision is likely to drop slightly above 535.3
M.
Ameriprise Financial fundamental ratios Correlations
Click cells to compare fundamentals
Ameriprise Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ameriprise Financial fundamental ratios Accounts
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.
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.
Pair CorrelationCorrelation MatchingAdditional 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.