Applied Net Working Capital from 2010 to 2024
| AIT Stock | USD 180.89 1.95 1.09% |
Net Working Capital | First Reported 2010-12-31 | Previous Quarter 1.3 B | Current Value 847.2 M | Quarterly Volatility 215.8 M |
Check Applied Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Applied main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.1 M, Interest Expense of 29.9 M or Selling General Administrative of 984.5 M, as well as many exotic indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0104 or PTB Ratio of 3.62. Applied financial statements analysis is a perfect complement when working with Applied Industrial Valuation or Volatility modules.
Applied | Net Working Capital |
Latest Applied Industrial's Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of Applied Industrial Technologies over the last few years. It is Applied Industrial's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Applied Industrial's overall financial position and show how it may be relating to other accounts over time.
| Net Working Capital | 10 Years Trend |
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Net Working Capital |
| Timeline |
Applied Net Working Capital Regression Statistics
| Arithmetic Mean | 729,862,304 | |
| Geometric Mean | 705,180,716 | |
| Coefficient Of Variation | 29.57 | |
| Mean Deviation | 161,256,632 | |
| Median | 625,469,000 | |
| Standard Deviation | 215,815,315 | |
| Sample Variance | 46576.3T | |
| Range | 699.6M | |
| R-Value | 0.81 | |
| Mean Square Error | 16932.7T | |
| R-Squared | 0.66 | |
| Significance | 0.0002 | |
| Slope | 39,276,598 | |
| Total Sum of Squares | 652067.5T |
Applied Net Working Capital History
About Applied Industrial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Applied Industrial income statement, its balance sheet, and the statement of cash flows. Applied Industrial investors use historical funamental indicators, such as Applied Industrial's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Applied Industrial investors may use each financial statement separately, they are all related. The changes in Applied Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Applied Industrial'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 Applied Industrial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Applied Industrial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 1.3 B | 847.2 M |
Applied Industrial Investors Sentiment
The influence of Applied Industrial's 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 Applied. 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 Applied Industrial's public news can be used to forecast risks associated with an investment in Applied. The trend in average sentiment can be used to explain how an investor holding Applied can time the market purely based on public headlines and social activities around Applied Industrial Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Applied Industrial's 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 Applied Industrial's 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 Applied Industrial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Applied Industrial.
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 Applied Industrial 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, Applied Industrial's short interest history, or implied volatility extrapolated from Applied Industrial options trading.
Pair Trading with Applied Industrial
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 Applied Industrial 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 Applied Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Applied Stock
| 0.65 | DXPE | DXP Enterprises Financial Report 9th of May 2024 | PairCorr |
| 0.75 | FAST | Fastenal Financial Report 11th of July 2024 | PairCorr |
| 0.83 | FERG | Ferguson Plc Financial Report 4th of June 2024 | PairCorr |
Moving against Applied Stock
| 0.47 | AZ | A2Z Smart Technologies | PairCorr |
The ability to find closely correlated positions to Applied Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Industrial 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 Applied Industrial - 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 Applied Industrial Technologies to buy it.
The correlation of Applied Industrial 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 Applied Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Industrial 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 Applied Industrial 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 Applied Industrial Correlation against competitors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Applied Stock analysis
When running Applied Industrial's price analysis, check to measure Applied Industrial'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 Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.
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Is Applied Industrial'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 Applied Industrial. If investors know Applied 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 Applied Industrial 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 0.004 | Dividend Share 1.42 | Earnings Share 9.53 | Revenue Per Share 115.704 | Quarterly Revenue Growth 0.013 |
The market value of Applied Industrial is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Industrial's value that differs from its market value or its book value, called intrinsic value, which is Applied Industrial'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 Applied Industrial's market value can be influenced by many factors that don't directly affect Applied Industrial'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 Applied Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Industrial'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.