Arko Property Plant Equipment vs Long Term Investments Analysis
| ARKO Stock | USD 4.27 0.03 0.71% |
Arko Corp financial indicator trend analysis is way more than just evaluating Arko Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arko Corp is a good investment. Please check the relationship between Arko Corp Property Plant Equipment and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arko 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 industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.
Property Plant Equipment vs Long Term Investments
Property Plant Equipment vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arko Corp Property Plant Equipment account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Arko Corp's Property Plant Equipment and Long Term Investments is -0.73. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Arko Corp, assuming nothing else is changed. The correlation between historical values of Arko Corp's Property Plant Equipment and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Arko Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant Equipment i.e., Arko Corp's Property Plant Equipment and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.73 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Property Plant Equipment
Long Term Investments
Long Term Investments is an item on the asset side of Arko Corp balance sheet that represents investments Arko Corp intends to hold for over a year. Arko Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Arko Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arko 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 Arko 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 industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.At this time, Arko Corp's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 5th of May 2024, Enterprise Value Over EBITDA is likely to grow to 17.95, while Discontinued Operations is likely to drop (37.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | EBIT | 142.1M | 167.0M | 138.3M | 106.1M | Other Operating Expenses | 7.3B | 9.0B | 9.3B | 5.9B |
Arko Corp fundamental ratios Correlations
Click cells to compare fundamentals
Arko Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arko Corp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 58.2M | 122.3M | 125.8M | 142.0M | 166.4M | 122.7M | |
| Total Current Liabilities | 340.5M | 387.1M | 408.4M | 446.4M | 486.2M | 365.0M | |
| Other Liab | 37.4M | 73.0M | 197.4M | 243.9M | 219.5M | 141.5M | |
| Net Tangible Assets | (93.2M) | (174.0M) | (130.2M) | (133.6M) | (120.2M) | (126.2M) | |
| Retained Earnings | (43.4M) | (30.2M) | 29.5M | 81.8M | 96.1M | 100.9M | |
| Accounts Payable | 128.8M | 155.7M | 172.9M | 217.4M | 213.7M | 158.1M | |
| Other Assets | 53.8M | 84.2M | 65.7M | 59.6M | 53.6M | 82.8M | |
| Net Receivables | 59.8M | 46.9M | 62.3M | 118.1M | 200.3M | 210.3M | |
| Inventory | 157.8M | 163.7M | 197.8M | 222.0M | 250.6M | 173.5M | |
| Other Current Assets | 15.1M | 87.4M | 92.1M | 87.9M | 31.5M | 30.0M | |
| Other Stockholder Equity | 104.7M | 239.1M | 214.8M | 190.0M | 170.9M | 149.2M | |
| Total Current Assets | 290.1M | 609.4M | 683.6M | 747.1M | 749.1M | 661.9M | |
| Property Plant Equipment | 1.3B | 1.7B | 1.8B | 2.0B | 2.3B | 1.6B | |
| Common Stock Shares Outstanding | 66.7M | 71.1M | 125.4M | 123.2M | 119.6M | 105.5M |
Pair Trading with Arko 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 Arko 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 Arko Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Arko Stock
| 0.81 | FL | Foot Locker Financial Report 17th of May 2024 | PairCorr |
| 0.81 | ETSY | Etsy Inc | PairCorr |
Moving against Arko Stock
| 0.81 | JD | JD Inc Adr Financial Report 9th of May 2024 | PairCorr |
| 0.51 | AEO | American Eagle Outfitters Financial Report 22nd of May 2024 | PairCorr |
| 0.42 | GPS | Gap Inc Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Arko 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 Arko 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 Arko 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 Arko Corp to buy it.
The correlation of Arko 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 Arko Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arko 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 Arko 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 Arko 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 industry. To learn how to invest in Arko Stock, please use our How to Invest in Arko Corp guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Arko Stock analysis
When running Arko Corp's price analysis, check to measure Arko 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 Arko Corp is operating at the current time. Most of Arko Corp's value examination focuses on studying past and present price action to predict the probability of Arko 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 Arko Corp's price. Additionally, you may evaluate how the addition of Arko Corp to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Stocks Directory Find actively traded stocks across global markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
Is Arko 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 Arko Corp. If investors know Arko 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 Arko 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 (0.02) | Dividend Share 0.12 | Earnings Share 0.24 | Revenue Per Share 79.244 | Quarterly Revenue Growth 0.024 |
The market value of Arko Corp is measured differently than its book value, which is the value of Arko that is recorded on the company's balance sheet. Investors also form their own opinion of Arko Corp's value that differs from its market value or its book value, called intrinsic value, which is Arko 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 Arko Corp's market value can be influenced by many factors that don't directly affect Arko 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 Arko Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arko Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arko 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.