Amazon Other Non Cash Items from 2010 to 2024
| AMZN Stock | USD 186.24 0.03 0.02% |
Other Non Cash Items | First Reported 1997-03-31 | Previous Quarter -339 M | Current Value 2.7 B | Quarterly Volatility 1.8 B |
Check Amazon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amazon main balance sheet or income statement drivers, such as Tax Provision of 3 B, Depreciation And Amortization of 51.1 B or Interest Expense of 3.3 B, as well as many exotic indicators such as Price To Sales Ratio of 5.13, Dividend Yield of 0.0 or PTB Ratio of 7.37. Amazon financial statements analysis is a perfect complement when working with Amazon Valuation or Volatility modules.
Amazon | Other Non Cash Items |
Latest Amazon's Other Non Cash Items Growth Pattern
Below is the plot of the Other Non Cash Items of Amazon Inc over the last few years. It is Amazon's Other Non Cash Items historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Amazon's overall financial position and show how it may be relating to other accounts over time.
| Other Non Cash Items | 10 Years Trend |
|
Other Non Cash Items |
| Timeline |
Amazon Other Non Cash Items Regression Statistics
| Arithmetic Mean | (1,713,286,667) | |
| Geometric Mean | 856,984,957 | |
| Coefficient Of Variation | (388.66) | |
| Mean Deviation | 3,817,237,333 | |
| Median | (989,000,000) | |
| Standard Deviation | 6,658,876,938 | |
| Sample Variance | 44340642.1T | |
| Range | 31.1B | |
| R-Value | 0.16 | |
| Mean Square Error | 46575608.1T | |
| R-Squared | 0.02 | |
| Significance | 0.58 | |
| Slope | 233,651,786 | |
| Total Sum of Squares | 620768989.1T |
Amazon Other Non Cash Items History
About Amazon Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Amazon income statement, its balance sheet, and the statement of cash flows. Amazon investors use historical funamental indicators, such as Amazon's Other Non Cash Items, to determine how well the company is positioned to perform in the future. Although Amazon investors may use each financial statement separately, they are all related. The changes in Amazon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Amazon'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 Amazon Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Amazon. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Non Cash Items | -748 M | -785.4 M |
Pair Trading with Amazon
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 Amazon 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 Amazon will appreciate offsetting losses from the drop in the long position's value.Moving together with Amazon Stock
| 0.61 | JD | JD Inc Adr Aggressive Push | PairCorr |
| 0.68 | AEO | American Eagle Outfitters Financial Report 22nd of May 2024 | PairCorr |
Moving against Amazon Stock
| 0.73 | PLCE | Childrens Place Financial Report 22nd of May 2024 | PairCorr |
| 0.63 | MELI | MercadoLibre | PairCorr |
| 0.61 | ETSY | Etsy Inc | PairCorr |
| 0.59 | BIG | Big Lots Financial Report 24th of May 2024 | PairCorr |
| 0.5 | FL | Foot Locker Buyout Trend | PairCorr |
The ability to find closely correlated positions to Amazon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amazon 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 Amazon - 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 Amazon Inc to buy it.
The correlation of Amazon 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 Amazon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon Inc 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 Amazon 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 Amazon Correlation against competitors. Note that the Amazon Inc information on this page should be used as a complementary analysis to other Amazon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Amazon Stock analysis
When running Amazon's price analysis, check to measure Amazon'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 Amazon is operating at the current time. Most of Amazon's value examination focuses on studying past and present price action to predict the probability of Amazon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amazon's price. Additionally, you may evaluate how the addition of Amazon to your portfolios can decrease your overall portfolio volatility.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Is Amazon's 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 Amazon. If investors know Amazon 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 Amazon 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 2.167 | Earnings Share 3.58 | Revenue Per Share 57.133 | Quarterly Revenue Growth 0.125 | Return On Assets 0.0595 |
The market value of Amazon Inc is measured differently than its book value, which is the value of Amazon that is recorded on the company's balance sheet. Investors also form their own opinion of Amazon's value that differs from its market value or its book value, called intrinsic value, which is Amazon'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 Amazon's market value can be influenced by many factors that don't directly affect Amazon'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 Amazon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amazon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amazon'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.