American Return On Capital Employed from 2010 to 2024
| AEP Stock | USD 99.86 0.03 0.03% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter 0.04178829 | Current Value 0.0699 | Quarterly Volatility 0.01486502 |
Check American Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Electric's main balance sheet or income statement drivers, such as Interest Expense of 1.9 B, Total Revenue of 13.9 B or Gross Profit of 8 B, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0496 or PTB Ratio of 1.34. American financial statements analysis is a perfect complement when working with American Electric Valuation or Volatility modules.
American | Return On Capital Employed |
Latest American Electric's Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of American Electric Power over the last few years. It is American Electric's Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Electric's overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
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Return On Capital Employed |
| Timeline |
American Return On Capital Employed Regression Statistics
| Arithmetic Mean | 0.05 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 28.11 | |
| Mean Deviation | 0.01 | |
| Median | 0.06 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.0002 | |
| Range | 0.0605 | |
| R-Value | (0.42) | |
| Mean Square Error | 0.0002 | |
| R-Squared | 0.18 | |
| Significance | 0.12 | |
| Slope | (0) | |
| Total Sum of Squares | 0 |
American Return On Capital Employed History
About American Electric Financial Statements
American Electric shareholders use historical fundamental indicators, such as Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although American Electric investors may analyze each financial statement separately, they are all interrelated. The changes in American Electric's assets and liabilities, for example, are also reflected in the revenues and expenses on on American Electric's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.04 | 0.07 |
Pair Trading with American Electric
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 American Electric 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 American Electric will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.73 | ED | Consolidated Edison | PairCorr |
| 0.85 | ES | Eversource Energy | PairCorr |
| 0.84 | FE | FirstEnergy Sell-off Trend | PairCorr |
Moving against American Stock
| 0.58 | ETR | Entergy | PairCorr |
| 0.52 | EDN | Empresa Distribuidora | PairCorr |
| 0.46 | AEE | Ameren Corp | PairCorr |
| 0.42 | CNP | CenterPoint Energy Sell-off Trend | PairCorr |
| 0.4 | ENIC | Enel Chile SA | PairCorr |
The ability to find closely correlated positions to American Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Electric 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 American Electric - 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 American Electric Power to buy it.
The correlation of American Electric 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 American Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Electric Power 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 American Electric 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.Additional Tools for American Stock Analysis
When running American Electric's price analysis, check to measure American Electric'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 American Electric is operating at the current time. Most of American Electric's value examination focuses on studying past and present price action to predict the probability of American Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Electric's price. Additionally, you may evaluate how the addition of American Electric to your portfolios can decrease your overall portfolio volatility.