Arch Price to Book Value from 2010 to 2024
| ARCH Stock | USD 156.74 4.65 2.88% |
Check Arch Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arch main balance sheet or income statement drivers, such as Depreciation And Amortization of 205.1 M, Interest Expense of 14.1 M or Selling General Administrative of 82.3 M, as well as many exotic indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0362 or PTB Ratio of 2.15. Arch financial statements analysis is a perfect complement when working with Arch Resources Valuation or Volatility modules.
Arch | Price to Book Value |
About Arch Resources Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Arch Resources income statement, its balance sheet, and the statement of cash flows. Arch Resources investors use historical funamental indicators, such as Arch Resources's Price to Book Value, to determine how well the company is positioned to perform in the future. Although Arch Resources investors may use each financial statement separately, they are all related. The changes in Arch Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arch Resources'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 Arch Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arch Resources. Please read more on our technical analysis and fundamental analysis pages.
Arch Resources, Inc. produces and sells thermal and metallurgical coal from surface and underground mines. Arch Resources, Inc. was incorporated in 1969 and is headquartered in St. Arch Resources operates under Thermal Coal classification in the United States and is traded on New York Stock Exchange. It employs 3303 people.
Pair Trading with Arch Resources
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 Arch Resources 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 Arch Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Arch Stock
| 0.7 | AMR | Alpha Metallurgical Financial Report 13th of May 2024 | PairCorr |
| 0.83 | METC | Ramaco Resources Earnings Call This Week | PairCorr |
Moving against Arch Stock
| 0.59 | AG | First Majestic Silver Financial Report 2nd of May 2024 | PairCorr |
| 0.59 | CE | Celanese Financial Report 14th of May 2024 | PairCorr |
| 0.59 | CX | Cemex SAB de Earnings Call Tomorrow | PairCorr |
| 0.54 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.51 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Arch Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arch Resources 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 Arch Resources - 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 Arch Resources to buy it.
The correlation of Arch Resources 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 Arch Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arch Resources 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 Arch Resources 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 Arch Resources Correlation against competitors. For more detail on how to invest in Arch Stock please use our How to Invest in Arch Resources guide.Note that the Arch Resources information on this page should be used as a complementary analysis to other Arch Resources' 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Arch Stock analysis
When running Arch Resources' price analysis, check to measure Arch Resources' 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 Arch Resources is operating at the current time. Most of Arch Resources' value examination focuses on studying past and present price action to predict the probability of Arch Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arch Resources' price. Additionally, you may evaluate how the addition of Arch Resources to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
Is Arch Resources' 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 Arch Resources. If investors know Arch 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 Arch Resources 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 (0.74) | Dividend Share 10.66 | Earnings Share 24.2 | Revenue Per Share 170.589 | Quarterly Revenue Growth (0.12) |
The market value of Arch Resources is measured differently than its book value, which is the value of Arch that is recorded on the company's balance sheet. Investors also form their own opinion of Arch Resources' value that differs from its market value or its book value, called intrinsic value, which is Arch Resources' 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 Arch Resources' market value can be influenced by many factors that don't directly affect Arch Resources' 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 Arch Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arch Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arch Resources' 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.