Titan Capex To Revenue from 2010 to 2024
| TITN Stock | USD 13.82 0.19 1.39% |
Capex To Revenue | First Reported 2010-12-31 | Previous Quarter 0.0226073 | Current Value 0.0222 | Quarterly Volatility 0.00982202 |
Check Titan Machinery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Titan Machinery's main balance sheet or income statement drivers, such as Interest Expense of 13.6 M, Total Revenue of 2.9 B or Gross Profit of 557.9 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0038 or PTB Ratio of 0.87. Titan financial statements analysis is a perfect complement when working with Titan Machinery Valuation or Volatility modules.
Titan | Capex To Revenue |
Latest Titan Machinery's Capex To Revenue Growth Pattern
Below is the plot of the Capex To Revenue of Titan Machinery over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Titan Machinery's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Titan Machinery's overall financial position and show how it may be relating to other accounts over time.
| Capex To Revenue | 10 Years Trend |
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Capex To Revenue |
| Timeline |
Titan Capex To Revenue Regression Statistics
| Arithmetic Mean | 0.02 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 54.75 | |
| Mean Deviation | 0.01 | |
| Median | 0.02 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.000096 | |
| Range | 0.036 | |
| R-Value | (0.04) | |
| Mean Square Error | 0.0001 | |
| R-Squared | 0 | |
| Significance | 0.89 | |
| Slope | (0.000085) | |
| Total Sum of Squares | 0 |
Titan Capex To Revenue History
About Titan Machinery Financial Statements
Titan Machinery investors utilize fundamental indicators, such as Capex To Revenue, to predict how Titan Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Capex To Revenue | 0.02 | 0.02 |
Pair Trading with Titan Machinery
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 Titan Machinery 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 Titan Machinery will appreciate offsetting losses from the drop in the long position's value.Moving together with Titan Stock
| 0.61 | DSGR | Distribution Solutions | PairCorr |
| 0.68 | FAST | Fastenal Fiscal Year End 16th of January 2025 | PairCorr |
| 0.65 | FERG | Ferguson Plc | PairCorr |
The ability to find closely correlated positions to Titan Machinery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Machinery 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 Titan Machinery - 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 Titan Machinery to buy it.
The correlation of Titan Machinery 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 Titan Machinery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Machinery 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 Titan Machinery 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 Titan Machinery Correlation against competitors. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Trading Companies & Distributors space 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 Titan Machinery. If investors know Titan 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 Titan Machinery 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 (0.66) | Earnings Share 1.35 | Revenue Per Share 124.573 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0424 |
The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery'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 Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery'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 Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery'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.