ArcBest Price Cash Flow Ratio vs Begin Period Cash Flow Analysis
ARCB Stock | USD 117.10 0.89 0.75% |
ArcBest Corp financial indicator trend analysis is way more than just evaluating ArcBest Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ArcBest Corp is a good investment. Please check the relationship between ArcBest Corp Price Cash Flow Ratio and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcBest Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.
Price Cash Flow Ratio vs Begin Period Cash Flow
Price Cash Flow Ratio vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ArcBest Corp Price Cash Flow Ratio account and Begin Period Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between ArcBest Corp's Price Cash Flow Ratio and Begin Period Cash Flow is 0.31. Overlapping area represents the amount of variation of Price Cash Flow Ratio that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of ArcBest Corp, assuming nothing else is changed. The correlation between historical values of ArcBest Corp's Price Cash Flow Ratio and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price Cash Flow Ratio of ArcBest Corp are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Price Cash Flow Ratio i.e., ArcBest Corp's Price Cash Flow Ratio and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price Cash Flow Ratio
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from ArcBest Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ArcBest Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcBest Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.At present, ArcBest Corp's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 18.63, whereas Selling General Administrative is forecasted to decline to about 20.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 3.3B | 4.7B | 4.4B | 4.6B | EBITDA | 410.3M | 540.9M | 172.6M | 181.2M |
ArcBest Corp fundamental ratios Correlations
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ArcBest Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ArcBest Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.8B | 2.1B | 2.5B | 2.5B | 2.6B | |
Short Long Term Debt Total | 396.1M | 403.5M | 337.1M | 438.7M | 437.7M | 459.6M | |
Other Current Liab | 231.8M | 247.1M | 317.9M | 352.1M | 378.0M | 195.8M | |
Total Current Liabilities | 444.3M | 506.5M | 702.7M | 768.5M | 701.6M | 352.4M | |
Total Stockholder Equity | 763.0M | 828.6M | 929.1M | 1.2B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 752.1M | 793.9M | 802.6M | 977.0M | 1.1B | 1.1B | |
Net Debt | 194.2M | 99.6M | 260.5M | 280.3M | 175.5M | 184.3M | |
Retained Earnings | 533.2M | 595.9M | 801.3M | 1.1B | 1.3B | 1.3B | |
Accounts Payable | 134.4M | 170.9M | 311.4M | 317.5M | 214.0M | 224.7M | |
Cash | 201.9M | 304.0M | 76.6M | 158.4M | 262.2M | 275.3M | |
Non Current Assets Total | 986.8M | 1.0B | 1.3B | 1.5B | 1.6B | 1.7B | |
Non Currrent Assets Other | 77.4M | 74.5M | 96.9M | 94.4M | 295K | 280.3K | |
Cash And Short Term Investments | 318.5M | 369.4M | 125.0M | 326.0M | 330.1M | 346.6M | |
Net Receivables | 310.8M | 346.6M | 605.1M | 611.6M | 482.2M | 241.5M | |
Common Stock Shares Outstanding | 26.5M | 26.4M | 26.8M | 25.5M | 24.6M | 26.4M | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 2.1B | 2.5B | 2.5B | 2.6B | |
Non Current Liabilities Total | 443.9M | 443.9M | 480.9M | 574.4M | 541.2M | 277.4M | |
Inventory | 30.4M | 37.8M | 40.1M | 40.2M | 46.3M | 49.4M | |
Other Current Assets | 4.7M | 4.4M | 5.9M | 11.9M | 72.5M | 76.1M | |
Other Stockholder Equity | 229.4M | 231.2M | 123.8M | 55.3M | (34.8M) | (33.1M) | |
Total Liab | 888.2M | 950.4M | 1.2B | 1.3B | 1.2B | 629.9M | |
Property Plant And Equipment Gross | 752.1M | 793.9M | 1.8B | 2.0B | 2.3B | 2.4B | |
Total Current Assets | 664.4M | 758.2M | 776.1M | 989.8M | 884.8M | 443.1M | |
Accumulated Other Comprehensive Income | 203K | 1.2M | 3.7M | 7.1M | 4.3M | 4.5M | |
Short Term Debt | 77.6M | 88.6M | 73.4M | 92.5M | 99.1M | 104.1M | |
Intangible Assets | 58.8M | 55.0M | 126.6M | 113.8M | 101.2M | 59.0M | |
Common Stock Total Equity | 288K | 290K | 294K | 298K | 342.7K | 279.8K | |
Common Stock | 288K | 290K | 294K | 298K | 300K | 281.5K | |
Other Liab | 124.8M | 128.9M | 217.2M | 228.2M | 262.4M | 275.6M | |
Other Assets | 87.6M | 198.8M | 107.1M | 79.8M | 91.7M | 80.4M | |
Long Term Debt | 266.2M | 217.1M | 174.9M | 198.4M | 162.0M | 119.1M | |
Property Plant Equipment | 683.6M | 678.7M | 802.6M | 810.5M | 932.1M | 536.7M | |
Current Deferred Revenue | 10.1M | 500K | 6.2M | 6.3M | 10.4M | 13.7M | |
Short Term Investments | 116.6M | 65.4M | 48.3M | 167.7M | 67.8M | 62.3M | |
Net Tangible Assets | 668.2M | 783.1M | 502.2M | 880.1M | 1.0B | 586.1M | |
Retained Earnings Total Equity | 533.2M | 595.9M | 801.3M | 1.1B | 1.3B | 1.3B | |
Long Term Debt Total | 266.2M | 217.1M | 174.9M | 198.4M | 228.1M | 176.1M | |
Capital Surpluse | 333.9M | 342.4M | 318.0M | 339.6M | 390.5M | 345.6M |
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.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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcBest Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 4.9 | Revenue Per Share 182.815 | 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.