Archer Earnings Yield vs Capex To Depreciation Analysis
| ACHR Stock | USD 7.30 2.27 23.72% |
Archer Aviation financial indicator trend analysis is way more than just evaluating Archer Aviation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Archer Aviation is a good investment. Please check the relationship between Archer Aviation Earnings Yield and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Aviation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Archer Stock, please use our How to Invest in Archer Aviation guide.
Earnings Yield vs Capex To Depreciation
Earnings Yield vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archer Aviation Earnings Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Archer Aviation's Earnings Yield and Capex To Depreciation is 0.92. Overlapping area represents the amount of variation of Earnings Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Archer Aviation, assuming nothing else is changed. The correlation between historical values of Archer Aviation's Earnings Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earnings Yield of Archer Aviation are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Earnings Yield i.e., Archer Aviation's Earnings Yield and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Earnings Yield
The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Archer Aviation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Archer Aviation 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 Archer Aviation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Archer Stock, please use our How to Invest in Archer Aviation guide.As of 12/02/2024, Tax Provision is likely to grow to about 525 K, while Selling General Administrative is likely to drop slightly above 113 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.3M | 4.4M | 5.9M | 3.2M | Cost Of Revenue | 3.0M | 7.7M | 5.8M | 4.6M |
Archer Aviation fundamental ratios Correlations
Click cells to compare fundamentals
Archer Aviation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Archer Aviation
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 Archer Aviation 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 Archer Aviation will appreciate offsetting losses from the drop in the long position's value.Moving together with Archer Stock
Moving against Archer Stock
| 0.61 | GD | General Dynamics Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Archer Aviation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Archer Aviation 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 Archer Aviation - 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 Archer Aviation to buy it.
The correlation of Archer Aviation 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 Archer Aviation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archer Aviation 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 Archer Aviation 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 Archer Stock Analysis
When running Archer Aviation's price analysis, check to measure Archer Aviation'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 Archer Aviation is operating at the current time. Most of Archer Aviation's value examination focuses on studying past and present price action to predict the probability of Archer Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Archer Aviation's price. Additionally, you may evaluate how the addition of Archer Aviation to your portfolios can decrease your overall portfolio volatility.