ArcBest Cash from 2010 to 2024
| ARCB Stock | USD 127.89 10.19 7.38% |
Cash | First Reported 1991-12-31 | Previous Quarter 251.5 M | Current Value 262.2 M | Quarterly Volatility 93.7 M |
Check ArcBest Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ArcBest main balance sheet or income statement drivers, such as Depreciation And Amortization of 76 M, Interest Expense of 9.4 M or Total Revenue of 2.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0038 or PTB Ratio of 1.78. ArcBest financial statements analysis is a perfect complement when working with ArcBest Corp Valuation or Volatility modules.
ArcBest | Cash |
Latest ArcBest Corp's Cash Growth Pattern
Below is the plot of the Cash of ArcBest Corp over the last few years. Cash refers to the most liquid asset of ArcBest Corp, which is listed under current asset account on ArcBest Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ArcBest Corp customers. The amounts must be unrestricted with restricted cash listed in a different ArcBest Corp account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. ArcBest Corp's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ArcBest Corp's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
| Timeline |
ArcBest Cash Regression Statistics
| Arithmetic Mean | 158,034,820 | |
| Geometric Mean | 127,223,783 | |
| Coefficient Of Variation | 50.48 | |
| Mean Deviation | 60,095,141 | |
| Median | 157,042,000 | |
| Standard Deviation | 79,775,250 | |
| Sample Variance | 6364.1T | |
| Range | 296.5M | |
| R-Value | 0.68 | |
| Mean Square Error | 3650.9T | |
| R-Squared | 0.47 | |
| Significance | 0 | |
| Slope | 12,194,197 | |
| Total Sum of Squares | 89097.3T |
ArcBest Cash History
Other Fundumenentals of ArcBest Corp
ArcBest Corp Cash component correlations
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About ArcBest Corp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ArcBest Corp income statement, its balance sheet, and the statement of cash flows. ArcBest Corp investors use historical funamental indicators, such as ArcBest Corp's Cash, to determine how well the company is positioned to perform in the future. Although ArcBest Corp investors may use each financial statement separately, they are all related. The changes in ArcBest Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ArcBest Corp'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 ArcBest Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ArcBest Corp. Please read more on our technical analysis and fundamental analysis pages.
ArcBest Corp Investors Sentiment
The influence of ArcBest Corp'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 ArcBest. 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 ArcBest Corp's public news can be used to forecast risks associated with an investment in ArcBest. The trend in average sentiment can be used to explain how an investor holding ArcBest can time the market purely based on public headlines and social activities around ArcBest Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ArcBest Corp'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 ArcBest Corp'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 ArcBest Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ArcBest Corp.
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 ArcBest Corp 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, ArcBest Corp's short interest history, or implied volatility extrapolated from ArcBest Corp options trading.
Pair Trading with ArcBest Corp
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 ArcBest Corp 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 ArcBest Corp will appreciate offsetting losses from the drop in the long position's value.Moving against ArcBest Stock
| 0.52 | ATSG | Air Transport Services Financial Report 2nd of May 2024 | PairCorr |
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The ability to find closely correlated positions to ArcBest Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ArcBest Corp 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 ArcBest Corp - 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 ArcBest Corp to buy it.
The correlation of ArcBest Corp 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 ArcBest Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ArcBest Corp 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 ArcBest Corp 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 ArcBest Corp Correlation against competitors. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.Note that the ArcBest Corp information on this page should be used as a complementary analysis to other ArcBest Corp'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 the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for ArcBest Stock analysis
When running ArcBest Corp's price analysis, check to measure ArcBest Corp'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 ArcBest Corp is operating at the current time. Most of ArcBest Corp's value examination focuses on studying past and present price action to predict the probability of ArcBest Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcBest Corp's price. Additionally, you may evaluate how the addition of ArcBest Corp to your portfolios can decrease your overall portfolio volatility.
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Is ArcBest Corp'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 ArcBest Corp. If investors know ArcBest 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 ArcBest Corp 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 0.354 | Dividend Share 0.48 | Earnings Share 5.77 | Revenue Per Share 184.332 | Quarterly Revenue Growth (0.06) |
The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest Corp'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 ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest Corp'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 ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest Corp'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.