Union Return On Assets from 2010 to 2024
| UNP Stock | USD 245.23 0.40 0.16% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.09502175 | Current Value 0.0998 | Quarterly Volatility 0.02917493 |
Check Union Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Union Pacific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 1.4 B or Total Revenue of 15.7 B, as well as many indicators such as Price To Sales Ratio of 6.51, Dividend Yield of 0.0256 or PTB Ratio of 10.62. Union financial statements analysis is a perfect complement when working with Union Pacific Valuation or Volatility modules.
Union | Return On Assets |
Latest Union Pacific's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Union Pacific over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Union Pacific's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Union Pacific's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Union Return On Assets Regression Statistics
| Arithmetic Mean | 0.1 | |
| Geometric Mean | 0.09 | |
| Coefficient Of Variation | 30.70 | |
| Mean Deviation | 0.02 | |
| Median | 0.1 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0.0009 | |
| Range | 0.1385 | |
| R-Value | 0.37 | |
| Mean Square Error | 0.0008 | |
| R-Squared | 0.14 | |
| Significance | 0.17 | |
| Slope | 0 | |
| Total Sum of Squares | 0.01 |
Union Return On Assets History
About Union Pacific Financial Statements
Union Pacific shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Union Pacific investors may analyze each financial statement separately, they are all interrelated. The changes in Union Pacific's assets and liabilities, for example, are also reflected in the revenues and expenses on on Union Pacific'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 Assets | 0.10 | 0.10 |
Pair Trading with Union Pacific
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 Union Pacific 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 Union Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Union Stock
Moving against Union Stock
| 0.73 | CPA | Copa Holdings SA | PairCorr |
| 0.72 | ULCC | Frontier Group Holdings | PairCorr |
| 0.72 | B | Barnes Group | PairCorr |
| 0.67 | J | Jacobs Solutions | PairCorr |
| 0.65 | BW | Babcock Wilcox Enter | PairCorr |
The ability to find closely correlated positions to Union Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Union Pacific 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 Union Pacific - 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 Union Pacific to buy it.
The correlation of Union Pacific 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 Union Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Union Pacific 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 Union Pacific 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 Union Stock Analysis
When running Union Pacific's price analysis, check to measure Union Pacific'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 Union Pacific is operating at the current time. Most of Union Pacific's value examination focuses on studying past and present price action to predict the probability of Union Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Pacific's price. Additionally, you may evaluate how the addition of Union Pacific to your portfolios can decrease your overall portfolio volatility.