TRACTOR SUPPLY Cash Flow From Operations vs. Price To Book
| TR4 Stock | 50.85 1.34 2.57% |
For TRACTOR SUPPLY profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TRACTOR SUPPLY to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TRACTOR SUPPLY utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TRACTOR SUPPLY's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TRACTOR SUPPLY over time as well as its relative position and ranking within its peers.
TRACTOR |
TRACTOR SUPPLY Price To Book vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TRACTOR SUPPLY's current stock value. Our valuation model uses many indicators to compare TRACTOR SUPPLY value to that of its competitors to determine the firm's financial worth. TRACTOR SUPPLY is rated below average in cash flow from operations category among its peers. It is rated below average in price to book category among its peers . The ratio of Cash Flow From Operations to Price To Book for TRACTOR SUPPLY is about 95,672,265 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TRACTOR SUPPLY's earnings, one of the primary drivers of an investment's value.TRACTOR Price To Book vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
TRACTOR SUPPLY |
| = | 1.14 B |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
TRACTOR SUPPLY |
| = | 11.90 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
TRACTOR Price To Book Comparison
TRACTOR SUPPLY is currently under evaluation in price to book category among its peers.
TRACTOR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TRACTOR SUPPLY. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TRACTOR SUPPLY position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TRACTOR SUPPLY's important profitability drivers and their relationship over time.
Use TRACTOR SUPPLY in pair-trading
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 TRACTOR SUPPLY 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 TRACTOR SUPPLY will appreciate offsetting losses from the drop in the long position's value.TRACTOR SUPPLY Pair Trading
TRACTOR SUPPLY Pair Trading Analysis
The ability to find closely correlated positions to TRACTOR SUPPLY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TRACTOR SUPPLY 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 TRACTOR SUPPLY - 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 TRACTOR SUPPLY to buy it.
The correlation of TRACTOR SUPPLY 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 TRACTOR SUPPLY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TRACTOR SUPPLY 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 TRACTOR SUPPLY 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.Use Investing Themes to Complement your TRACTOR SUPPLY position
In addition to having TRACTOR SUPPLY in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Drugs Thematic Idea Now
Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Drugs Theme or any other thematic opportunities.
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Additional Tools for TRACTOR Stock Analysis
When running TRACTOR SUPPLY's price analysis, check to measure TRACTOR SUPPLY'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 TRACTOR SUPPLY is operating at the current time. Most of TRACTOR SUPPLY's value examination focuses on studying past and present price action to predict the probability of TRACTOR SUPPLY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TRACTOR SUPPLY's price. Additionally, you may evaluate how the addition of TRACTOR SUPPLY to your portfolios can decrease your overall portfolio volatility.