Caseys Inventories from 2010 to 2024
| CASY Stock | USD 315.64 2.32 0.74% |
Check Caseys General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caseys main balance sheet or income statement drivers, such as Depreciation And Amortization of 378.1 M, Interest Expense of 62.6 M or Selling General Administrative of 1.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0063 or PTB Ratio of 2.09. Caseys financial statements analysis is a perfect complement when working with Caseys General Valuation or Volatility modules.
Caseys | Inventories |
About Caseys General Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Caseys General income statement, its balance sheet, and the statement of cash flows. Caseys General investors use historical funamental indicators, such as Caseys General's Inventories, to determine how well the company is positioned to perform in the future. Although Caseys General investors may use each financial statement separately, they are all related. The changes in Caseys General's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Caseys General'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 Caseys General Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Caseys General. Please read more on our technical analysis and fundamental analysis pages.
Caseys General Stores, Inc., together with its subsidiaries, operates convenience stores under the Caseys and Caseys General Store names. Caseys General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa. Caseys General operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 20451 people.
Caseys General Investors Sentiment
The influence of Caseys General'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 Caseys. 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 Caseys General's public news can be used to forecast risks associated with an investment in Caseys. The trend in average sentiment can be used to explain how an investor holding Caseys can time the market purely based on public headlines and social activities around Caseys General Stores. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Caseys General'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 Caseys General'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 Caseys General's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Caseys General.
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 Caseys General 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, Caseys General's short interest history, or implied volatility extrapolated from Caseys General options trading.
Pair Trading with Caseys General
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 Caseys General 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 Caseys General will appreciate offsetting losses from the drop in the long position's value.Moving together with Caseys Stock
| 0.84 | GO | Grocery Outlet Holding Financial Report 14th of May 2024 | PairCorr |
| 0.88 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
Moving against Caseys Stock
| 0.87 | GP | GreenPower Motor Financial Report 12th of July 2024 | PairCorr |
| 0.79 | IMKTA | Ingles Markets rporated Earnings Call This Week | PairCorr |
| 0.79 | LL | LL Flooring Holdings | PairCorr |
| 0.78 | QS | Quantumscape Corp | PairCorr |
| 0.69 | BQ | Boqii Holding Limited | PairCorr |
The ability to find closely correlated positions to Caseys General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caseys General 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 Caseys General - 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 Caseys General Stores to buy it.
The correlation of Caseys General 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 Caseys General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caseys General Stores 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 Caseys General 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 Caseys General Correlation against competitors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Caseys Stock analysis
When running Caseys General's price analysis, check to measure Caseys General'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 Caseys General is operating at the current time. Most of Caseys General's value examination focuses on studying past and present price action to predict the probability of Caseys General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caseys General's price. Additionally, you may evaluate how the addition of Caseys General to your portfolios can decrease your overall portfolio volatility.
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Is Caseys General'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 Caseys General. If investors know Caseys 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 Caseys General 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 (0.13) | Dividend Share 1.67 | Earnings Share 12.6 | Revenue Per Share 391.946 | Quarterly Revenue Growth (0) |
The market value of Caseys General Stores is measured differently than its book value, which is the value of Caseys that is recorded on the company's balance sheet. Investors also form their own opinion of Caseys General's value that differs from its market value or its book value, called intrinsic value, which is Caseys General'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 Caseys General's market value can be influenced by many factors that don't directly affect Caseys General'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 Caseys General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caseys General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caseys General'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.