Associated Fixed Asset Turnover from 2010 to 2024

ASB Stock  USD 21.34  0.07  0.33%   
Associated Banc's Fixed Asset Turnover is decreasing over the years with stable fluctuation. Overall, Fixed Asset Turnover is expected to go to 4.22 this year. From 2010 to 2024 Associated Banc Fixed Asset Turnover quarterly data regression line had arithmetic mean of  3.31 and r-squared of  0.06. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.94212259
Current Value
4.22
Quarterly Volatility
0.44874277
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Associated Banc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Associated main balance sheet or income statement drivers, such as Interest Expense of 964.4 M, Other Operating Expenses of 2.7 B or Operating Income of 236.4 M, as well as many exotic indicators such as Price To Sales Ratio of 2.58, Dividend Yield of 0.0253 or PTB Ratio of 0.73. Associated financial statements analysis is a perfect complement when working with Associated Banc Valuation or Volatility modules.
  
This module can also supplement Associated Banc's financial leverage analysis and stock options assessment as well as various Associated Banc Technical models . Check out the analysis of Associated Banc Correlation against competitors.

Latest Associated Banc's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Associated Banc Corp over the last few years. It is Associated Banc's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Associated Banc's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Associated Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.31
Geometric Mean3.28
Coefficient Of Variation13.56
Mean Deviation0.37
Median3.18
Standard Deviation0.45
Sample Variance0.20
Range1.5447
R-Value(0.25)
Mean Square Error0.20
R-Squared0.06
Significance0.37
Slope(0.02)
Total Sum of Squares2.82

Associated Fixed Asset Turnover History

2024 4.22
2023 2.94
2022 3.18
2021 2.93
2020 2.68
2019 2.76
2018 3.4

About Associated Banc Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Associated Banc income statement, its balance sheet, and the statement of cash flows. Associated Banc investors use historical funamental indicators, such as Associated Banc's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Associated Banc investors may use each financial statement separately, they are all related. The changes in Associated Banc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Associated Banc'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 Associated Banc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Associated Banc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.94  4.22 

Pair Trading with Associated Banc

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 Associated Banc 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 Associated Banc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Associated Stock

  0.71BY Byline Bancorp Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Associated Banc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated Banc 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 Associated Banc - 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 Associated Banc Corp to buy it.
The correlation of Associated Banc 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 Associated Banc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Banc 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 Associated Banc 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
When determining whether Associated Banc Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Banc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Associated Banc Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Banc Corp Stock:
Check out the analysis of Associated Banc Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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Is Associated Banc'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 Associated Banc. If investors know Associated 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 Associated Banc 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
(0.14)
Dividend Share
0.85
Earnings Share
1.13
Revenue Per Share
6.8
Quarterly Revenue Growth
(0.69)
The market value of Associated Banc Corp is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Banc's value that differs from its market value or its book value, called intrinsic value, which is Associated Banc'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 Associated Banc's market value can be influenced by many factors that don't directly affect Associated Banc'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 Associated Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Banc'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.