AstroNova Accumulated Other Comprehensive Income from 2010 to 2024
| ALOT Stock | USD 18.01 0.09 0.50% |
Accumulated Other Comprehensive Income | First Reported 1986-01-31 | Previous Quarter -2.6 M | Current Value -2.2 M | Quarterly Volatility 3.3 M |
Check AstroNova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AstroNova's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 2.8 M or Selling General Administrative of 8.4 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0055 or PTB Ratio of 1.64. AstroNova financial statements analysis is a perfect complement when working with AstroNova Valuation or Volatility modules.
AstroNova | Accumulated Other Comprehensive Income |
Latest AstroNova's Accumulated Other Comprehensive Income Growth Pattern
Below is the plot of the Accumulated Other Comprehensive Income of AstroNova over the last few years. It is gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized. AstroNova's Accumulated Other Comprehensive Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AstroNova's overall financial position and show how it may be relating to other accounts over time.
| Accumulated Other Comprehensive Income | 10 Years Trend |
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Accumulated Other Comprehensive Income |
| Timeline |
AstroNova Accumulated Other Comprehensive Income Regression Statistics
| Arithmetic Mean | (964,112) | |
| Geometric Mean | 689,793 | |
| Coefficient Of Variation | (90.19) | |
| Mean Deviation | 686,141 | |
| Median | (975,000) | |
| Standard Deviation | 869,519 | |
| Sample Variance | 756.1B | |
| Range | 2.5M | |
| R-Value | (0.75) | |
| Mean Square Error | 357.9B | |
| R-Squared | 0.56 | |
| Significance | 0 | |
| Slope | (145,555) | |
| Total Sum of Squares | 10.6T |
AstroNova Accumulated Other Comprehensive Income History
About AstroNova Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AstroNova income statement, its balance sheet, and the statement of cash flows. AstroNova investors use historical funamental indicators, such as AstroNova's Accumulated Other Comprehensive Income, to determine how well the company is positioned to perform in the future. Although AstroNova investors may use each financial statement separately, they are all related. The changes in AstroNova's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AstroNova'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 AstroNova Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AstroNova. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -2.2 M | -2.3 M |
Pair Trading with AstroNova
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 AstroNova 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 AstroNova will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AstroNova could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AstroNova 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 AstroNova - 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 AstroNova to buy it.
The correlation of AstroNova 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 AstroNova moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AstroNova 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 AstroNova 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.Additional Tools for AstroNova Stock Analysis
When running AstroNova's price analysis, check to measure AstroNova'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 AstroNova is operating at the current time. Most of AstroNova's value examination focuses on studying past and present price action to predict the probability of AstroNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AstroNova's price. Additionally, you may evaluate how the addition of AstroNova to your portfolios can decrease your overall portfolio volatility.