American Total Current Assets vs Capital Stock Analysis
AXP Stock | USD 232.50 1.04 0.45% |
American Express financial indicator trend analysis is way more than just evaluating American Express prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Express is a good investment. Please check the relationship between American Express Total Current Assets and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Express. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. To learn how to invest in American Stock, please use our How to Invest in American Express guide.
Total Current Assets vs Capital Stock
Total Current Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Express Total Current Assets account and Capital Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between American Express' Total Current Assets and Capital Stock is -0.65. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of American Express, assuming nothing else is changed. The correlation between historical values of American Express' Total Current Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of American Express are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Current Assets i.e., American Express' Total Current Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Most indicators from American Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Express 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 American Express. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. To learn how to invest in American Stock, please use our How to Invest in American Express guide.At this time, American Express' Discontinued Operations is relatively stable compared to the past year. As of 05/02/2024, Enterprise Value is likely to grow to about 38.7 B, while Selling General Administrative is likely to drop slightly above 5.9 B.
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 10.7B | 12.3B | 10.5B | 7.3B | Operating Income | 10.7B | 12.3B | 10.5B | 6.7B |
American Express fundamental ratios Correlations
Click cells to compare fundamentals
American Express Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Express fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 830M | 806M | 790M | 752M | 736M | 966.6M | |
Total Assets | 189B | 198B | 191B | 228B | 261.1B | 169.3B | |
Short Long Term Debt Total | 64B | 45B | 41B | 44B | 49.2B | 50.9B | |
Total Current Liabilities | 18.7B | 11.4B | 12.6B | 13.5B | 143.5B | 150.7B | |
Total Stockholder Equity | 18B | 22B | 23B | 25B | 28.1B | 16.1B | |
Property Plant And Equipment Net | 4.8B | 5.0B | 5.0B | 5.2B | 5.1B | 3.6B | |
Retained Earnings | 13.9B | 13.8B | 13.5B | 16.3B | 19.6B | 20.6B | |
Cash | 24B | 32.8B | 21.5B | 33.5B | 46.5B | 48.9B | |
Non Current Assets Total | 16.4B | 31.1B | 12.0B | 228.4B | 5.1B | 4.9B | |
Non Currrent Assets Other | (16.4B) | (31.1B) | (12.0B) | 209.2B | (12.3B) | (13.0B) | |
Other Assets | 94.0B | 64.2B | 150.8B | (37.2B) | 109.7B | 87.0B | |
Cash And Short Term Investments | 30.6B | 54.4B | 24.0B | 38.1B | 48.3B | 50.7B | |
Liabilities And Stockholders Equity | 189B | 198B | 191B | 228B | 261.1B | 169.3B | |
Non Current Liabilities Total | 60.1B | 43B | 41.5B | 203.6B | 89.5B | 94.0B | |
Other Stockholder Equity | 11.7B | 11.9B | 11.3B | 11.8B | 11.4B | 9.1B | |
Total Liab | 167B | 175B | 168B | 203B | 233.1B | 153.2B | |
Property Plant And Equipment Gross | 4.8B | 5.0B | 13.6B | 15.1B | 15.0B | 15.8B | |
Total Current Assets | 87.6B | 95.7B | 26.2B | 36.8B | 146.3B | 153.6B | |
Accumulated Other Comprehensive Income | (2.7B) | (2.9B) | (2.9B) | (3.2B) | (3.1B) | (2.9B) | |
Common Stock | 163M | 161M | 153M | 149M | 145M | 94.3M | |
Other Current Liab | (73.3B) | (86.9B) | (84.4B) | (109.9B) | (98.9B) | (94.0B) | |
Net Receivables | 57B | 3B | 2.7B | 60.5B | 63.9B | 36.0B | |
Common Stock Total Equity | 163M | 161M | 153M | 149M | 134.1M | 173.6M | |
Other Liab | 19.1B | 36B | 42B | 26.7B | 30.7B | 19.3B | |
Accounts Payable | 12.7B | 9.4B | 10.6B | 12.1B | 13.1B | 10.2B | |
Long Term Debt | 57.8B | 43.0B | 39B | 43B | 47.9B | 45.4B | |
Short Term Investments | 6.6B | 21.6B | 2.5B | 4.5B | 1.8B | 1.7B | |
Inventory | 80.7B | 114.7B | 75.1B | 32.4B | 144.6B | 151.8B | |
Intangible Assets | 267M | 265M | 201M | 146M | 98M | 93.1M | |
Property Plant Equipment | 4.8B | 5.0B | 5.0B | 5.2B | 6.0B | 4.0B | |
Good Will | 3.3B | 3.9B | 3.8B | 3.8B | 3.9B | 3.0B | |
Other Current Assets | (80.7B) | (76.4B) | (75.6B) | (94.1B) | (110.5B) | (105.0B) | |
Retained Earnings Total Equity | 13.9B | 13.8B | 13.5B | 16.3B | 18.7B | 10.7B | |
Treasury Stock | (207M) | (292M) | (279M) | (271M) | (243.9M) | (231.7M) | |
Net Tangible Assets | 23.1B | 23.0B | 22B | 24.7B | 28.4B | 21.8B | |
Long Term Debt Total | 57.8B | 43.0B | 38.7B | 43B | 38.7B | 42.5B | |
Capital Surpluse | 11.8B | 11.9B | 11.5B | 11.5B | 10.3B | 9.8B | |
Non Current Liabilities Other | 24.9B | 27.2B | 30.5B | 37.4B | 43.0B | 27.0B |
American Express Investors Sentiment
The influence of American Express' 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 American. 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 American Express' public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Express. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Express' 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 American Express' 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 American Express' news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Express.
American Express Implied Volatility | 42.93 |
American Express' implied volatility exposes the market's sentiment of American Express stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if American Express' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that American Express stock will not fluctuate a lot when American Express' options are near their expiration.
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 American Express 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, American Express' short interest history, or implied volatility extrapolated from American Express options trading.
Pair Trading with American Express
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 American Express 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 American Express will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
0.87 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
0.74 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
0.76 | SF | Stifel Financial Financial Report 24th of July 2024 | PairCorr |
Moving against American Stock
0.77 | MEGL | Magic Empire Global | PairCorr |
0.74 | ECPG | Encore Capital Group Earnings Call This Week | PairCorr |
0.72 | NCPL | Netcapital | PairCorr |
0.63 | BFIIW | BurgerFi International | PairCorr |
0.55 | CIM | Chimera Investment Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to American Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Express 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 American Express - 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 American Express to buy it.
The correlation of American Express 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 American Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Express 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 American Express 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American Express. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. To learn how to invest in American Stock, please use our How to Invest in American Express guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for American Stock analysis
When running American Express' price analysis, check to measure American Express' 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 American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to predict the probability of American Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is American Express' 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 American Express. If investors know American 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 American Express 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 0.388 | Dividend Share 2.5 | Earnings Share 12.15 | Revenue Per Share 77.996 | Quarterly Revenue Growth 0.099 |
The market value of American Express is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Express' value that differs from its market value or its book value, called intrinsic value, which is American Express' 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 American Express' market value can be influenced by many factors that don't directly affect American Express' 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 American Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Express' 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.