Traeger Stock Total Asset

COOK Stock  USD 2.52  0.01  0.40%   
Traeger fundamentals help investors to digest information that contributes to Traeger's financial success or failures. It also enables traders to predict the movement of Traeger Stock. The fundamental analysis module provides a way to measure Traeger's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Traeger stock.
The value of Total Assets is estimated to slide to about 784.5 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Traeger Total Asset Analysis

Traeger's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Traeger Total Asset

    
  860.76 M  
Most of Traeger's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Traeger is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Traeger Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Traeger is extremely important. It helps to project a fair market value of Traeger Stock properly, considering its historical fundamentals such as Total Asset. Since Traeger's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Traeger's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Traeger's interrelated accounts and indicators.
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Traeger Total Asset Historical Pattern

Today, most investors in Traeger Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Traeger's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Traeger total asset as a starting point in their analysis.
   Traeger Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Traeger Total Assets

Total Assets

784.47 Million

At this time, Traeger's Total Assets are quite stable compared to the past year.
Based on the latest financial disclosure, Traeger has a Total Asset of 860.76 M. This is 99.3% lower than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The total asset for all United States stocks is 97.08% higher than that of the company.

Traeger Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Traeger's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Traeger could also be used in its relative valuation, which is a method of valuing Traeger by comparing valuation metrics of similar companies.
Traeger is currently under evaluation in total asset category among related companies.

Traeger Institutional Holders

Institutional Holdings refers to the ownership stake in Traeger that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Traeger's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Traeger's value.
Shares
Strs Ohio2023-12-31
400 K
Northern Trust Corp2023-12-31
362.5 K
Gsa Capital Partners Llp2023-12-31
325.9 K
Formula Growth Ltd2023-12-31
238.3 K
Panagora Asset Management Inc2023-12-31
153.8 K
Morgan Stanley - Brokerage Accounts2023-12-31
153.7 K
Two Sigma Investments Llc2023-12-31
151.7 K
Caliber Wealth Management, Llc2023-09-30
132 K
Goldman Sachs Group Inc2023-12-31
125.9 K
Ontario Teachers Pension Plan Board2023-12-31
24.7 M
Capital World Investors2023-12-31
6.5 M

Traeger Fundamentals

About Traeger Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Traeger's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Traeger using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Traeger based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Total Assets860.8 M784.5 M
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 Traeger 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, Traeger's short interest history, or implied volatility extrapolated from Traeger options trading.

Pair Trading with Traeger

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

Moving against Traeger Stock

  0.61FLXS Flexsteel Industries Financial Report 6th of May 2024 PairCorr
The ability to find closely correlated positions to Traeger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Traeger 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 Traeger - 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 Traeger to buy it.
The correlation of Traeger 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 Traeger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Traeger 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 Traeger 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 Traeger is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Traeger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Traeger Stock. Highlighted below are key reports to facilitate an investment decision about Traeger Stock:
Check out Traeger Piotroski F Score and Traeger Altman Z Score analysis.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Traeger's price analysis, check to measure Traeger'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 Traeger is operating at the current time. Most of Traeger's value examination focuses on studying past and present price action to predict the probability of Traeger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Traeger's price. Additionally, you may evaluate how the addition of Traeger to your portfolios can decrease your overall portfolio volatility.
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Is Traeger'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 Traeger. If investors know Traeger 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 Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.68)
Revenue Per Share
4.897
Quarterly Revenue Growth
0.183
Return On Assets
(0.03)
Return On Equity
(0.27)
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger'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 Traeger's market value can be influenced by many factors that don't directly affect Traeger'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 Traeger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger'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.