Associated Stock Today

AC
 Stock
  

USD 36.82  0.18  0.49%   

Market Performance
0 of 100
Odds Of Distress
Less than 37
Associated Capital is trading at 36.82 as of the 6th of July 2022, a 0.49% increase since the beginning of the trading day. The stock's open price was 36.64. Associated Capital has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Associated Capital Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of July 2020 and ending today, the 6th of July 2022. Click here to learn more.
CUSIP
045528106
Fiscal Year End
December
Business Domain
Diversified Financials
IPO Date
1st of December 2015
Category
Financial Services
Classification
Financials
ISIN
US0455281065
Associated Capital Group, Inc. provides investment advisory services in the United States. The company was founded in 1976 and is headquartered in Greenwich, Connecticut. Associated Capital operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. The company has 3.1 M outstanding shares of which 26.54 K shares are presently sold short in the market by investors with about 1.87 days to cover all shorted shares. More on Associated Capital Group

Moving together with Associated Capital

0.67EQOSDiginex Earnings Call  TomorrowPairCorr

Moving against Associated Capital

0.53BANFBancfirst Corp Earnings Call  Next WeekPairCorr

Associated Capital Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Associated Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Associated Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Associated Capital generated a negative expected return over the last 90 days
Associated Capital has a strong financial position based on the latest SEC filings
About 73.0% of the company shares are held by institutions such as insurance companies
Latest headline from simplywall.st: These 4 Measures Indicate That Frontline Is Using Debt In A Risky Way - Simply Wall St
New SymbolAB
CEODouglas Jamieson
Thematic IdeaTrading (view all)
Fama & French Classification
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Associated Capital based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Associated Capital financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares21.6 M22.1 M
Fairly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted21.6 M22.1 M
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations257 M238.2 M
Significantly Up
Increasing
Stable
Total Assets1.2 B1.2 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities63.5 M65.5 M
Sufficiently Down
Decreasing
Slightly volatile
Current Assets316.4 M369.8 M
Fairly Down
Increasing
Slightly volatile
Current Liabilities53.9 M35.1 M
Way Up
Decreasing
Slightly volatile
Total Debt13.1 M12.9 M
Fairly Up
Increasing
Slightly volatile
Return on Average Assets0.05070.047
Significantly Up
Increasing
Slightly volatile
Gross Margin0.680.597
Fairly Up
Decreasing
Slightly volatile
Asset Turnover0.01970.017
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Associated Capital's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Associated Capital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Associated Capital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Associated Capital's financial leverage. It provides some insight into what part of Associated Capital's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Associated Capital's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Associated Capital deploys its capital and how much of that capital is borrowed.
Liquidity
Associated Capital cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The current year Debt to Equity Ratio is expected to grow to 0.08. The current year Average Equity is expected to grow to about 958.7 MThe company has a current ratio of 16.18, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Associated Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Associated Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Associated Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Associated to invest in growth at high rates of return. When we think about Associated Capital's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

257 Million
Associated Capital Group (AC) is traded on New York Stock Exchange in USA. It is located in 140 Greenwich Avenue, Greenwich, CT 06830, United States and employs 25 people. Associated Capital is listed under Trading category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with market capitalization of 808.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Associated Capital's market, we take the total number of its shares issued and multiply it by Associated Capital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Associated Capital is active under Financial Services sector as part of Capital Markets industry. The entity has 3.1 M outstanding shares of which 26.54 K shares are presently sold short in the market by investors with about 1.87 days to cover all shorted shares. Associated Capital Group reports about 380.04 M in cash with 238.19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.24.
Check Associated Capital Probability Of Bankruptcy
Ownership
The market capitalization of Associated Capital is currently $808.21 Million. The majority of Associated Capital Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Associated Capital to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Associated Capital. Please pay attention to any change in the institutional holdings of Associated Capital Group as this could imply that something significant has changed or about to change at the company. Please note that no matter how profitable the entity is or how much assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.

Ownership Allocation (%)

Check Associated Ownership Details

Associated Stock Price Odds Analysis

What are Associated Capital's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Associated Capital jumping above the current price in 90 days from now is about 81.08%. The Associated Capital Group probability density function shows the probability of Associated Capital stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Associated Capital has a beta of 0.3719. This suggests as returns on the market go up, Associated Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Associated Capital Group will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Associated Capital is significantly underperforming DOW.
  Odds Below 36.82HorizonTargetOdds Above 36.82
18.74%90 days
 36.82 
81.08%
Based on a normal probability distribution, the odds of Associated Capital to move above the current price in 90 days from now is about 81.08 (This Associated Capital Group probability density function shows the probability of Associated Stock to fall within a particular range of prices over 90 days) .

Associated Capital Historical Income Statement

Associated Capital Group Income Statement is one of the three primary financial statements used for reporting Associated's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Associated Capital revenue and expense. Associated Capital Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Associated Capital Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 63.63 Million. The current year Cost of Revenue is expected to grow to about 9.1 M, whereas Operating Expenses is forecasted to decline to about 31.2 M. View More Fundamentals

Associated Stock Against Markets

Picking the right benchmark for Associated Capital stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Associated Capital stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Associated Capital is critical whether you are bullish or bearish towards Associated Capital Group at a given time.

Similar Equity Warning - AC

Associated Capital was forked

The entity Associated Capital Group with a symbol AC was recently forked. You can potentially use Alliancebernstein Holding LP with a symbol AB from now on.

Associated Capital Corporate Directors

Associated Capital corporate directors refer to members of an Associated Capital board of directors. The board of directors generally takes responsibility for the Associated Capital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Associated Capital's board members must vote for the resolution. The Associated Capital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Frederic Salerno - Independent DirectorProfile
Richard Bready - Independent DirectorProfile
Bruce Lisman - Independent DirectorProfile
Elisa Wilson - DirectorProfile

Investing Associated Capital Group

You need to understand the risk of investing before taking a position in Associated Capital. The danger of trading Associated Capital Group is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Associated Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Associated Capital. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Associated Capital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Associated Capital information on this page should be used as a complementary analysis to other Associated Capital'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Associated Stock analysis

When running Associated Capital price analysis, check to measure Associated Capital'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 Associated Capital is operating at the current time. Most of Associated Capital's value examination focuses on studying past and present price action to predict the probability of Associated Capital's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Associated Capital's price. Additionally, you may evaluate how the addition of Associated Capital to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Is Associated Capital'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 Associated Capital. If investors know Associated 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 Associated Capital 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 YOY
-0.81
Market Capitalization
807.7 M
Quarterly Revenue Growth YOY
0.11
Return On Assets
-0.0089
Return On Equity
0.0281
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine Associated Capital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.