Ameriprise Income Tax Expense from 2010 to 2024

AMP Stock  USD 536.45  5.94  1.10%   
Ameriprise Financial Income Tax Expense yearly trend continues to be relatively stable with very little volatility. Income Tax Expense is likely to grow to about 711.9 M this year. During the period from 2010 to 2024, Ameriprise Financial Income Tax Expense destribution of quarterly values had r-value of  0.57 from its regression line and median of  455,000,000. View All Fundamentals
 
Income Tax Expense  
First Reported
2003-03-31
Previous Quarter
222 M
Current Value
134 M
Quarterly Volatility
82.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ameriprise Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ameriprise Financial's main balance sheet or income statement drivers, such as Interest Expense of 337 M, Total Revenue of 10.8 B or Gross Profit of 7.5 B, as well as many indicators such as Price To Sales Ratio of 1.39, Dividend Yield of 0.015 or PTB Ratio of 8.45. Ameriprise financial statements analysis is a perfect complement when working with Ameriprise Financial Valuation or Volatility modules.
  
Check out the analysis of Ameriprise Financial Correlation against competitors.
To learn how to invest in Ameriprise Stock, please use our How to Invest in Ameriprise Financial guide.

Latest Ameriprise Financial's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Ameriprise Financial over the last few years. It is Ameriprise Financial's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ameriprise Financial's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Ameriprise Income Tax Expense Regression Statistics

Arithmetic Mean386,260,000
Coefficient Of Variation108.70
Mean Deviation231,842,667
Median455,000,000
Standard Deviation419,856,931
Sample Variance176279.8T
Range1.8B
R-Value0.57
Mean Square Error127528.7T
R-Squared0.33
Significance0.03
Slope53,786,786
Total Sum of Squares2467917.8T

Ameriprise Income Tax Expense History

2024711.9 M
2023678 M
2022623 M
2021590 M
2020297 M
2019339 M
2018386 M

About Ameriprise Financial Financial Statements

Ameriprise Financial shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Ameriprise Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Ameriprise Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ameriprise Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense678 M711.9 M

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.

Moving together with Ameriprise Stock

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Moving against Ameriprise Stock

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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 Matching

Additional 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.