Arts Other Non Cash Items from 2010 to 2024
| ARTW Stock | USD 1.89 0.01 0.53% |
Other Non Cash Items | First Reported 1989-08-31 | Previous Quarter 195.5 K | Current Value -6.9 K | Quarterly Volatility 310 K |
Check Arts Way financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arts main balance sheet or income statement drivers, such as Depreciation And Amortization of 655.9 K, Interest Expense of 385.3 K or Selling General Administrative of 3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0483 or PTB Ratio of 1.55. Arts financial statements analysis is a perfect complement when working with Arts Way Valuation or Volatility modules.
Arts | Other Non Cash Items |
Latest Arts Way's Other Non Cash Items Growth Pattern
Below is the plot of the Other Non Cash Items of Arts Way Manufacturing Co over the last few years. It is Arts Way's Other Non Cash Items historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Arts Way's overall financial position and show how it may be relating to other accounts over time.
| Other Non Cash Items | 10 Years Trend |
|
Other Non Cash Items |
| Timeline |
Arts Other Non Cash Items Regression Statistics
| Arithmetic Mean | 44,004 | |
| Coefficient Of Variation | 1,039 | |
| Mean Deviation | 353,620 | |
| Median | 41,227 | |
| Standard Deviation | 457,317 | |
| Sample Variance | 209.1B | |
| Range | 1.4M | |
| R-Value | 0.12 | |
| Mean Square Error | 221.7B | |
| R-Squared | 0.02 | |
| Significance | 0.66 | |
| Slope | 12,766 | |
| Total Sum of Squares | 2.9T |
Arts Other Non Cash Items History
About Arts Way Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Arts Way income statement, its balance sheet, and the statement of cash flows. Arts Way investors use historical funamental indicators, such as Arts Way's Other Non Cash Items, to determine how well the company is positioned to perform in the future. Although Arts Way investors may use each financial statement separately, they are all related. The changes in Arts Way's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arts Way's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Arts Way Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arts Way. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Non Cash Items | 396.4 K | 416.2 K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Arts Way in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Arts Way's short interest history, or implied volatility extrapolated from Arts Way options trading.
Pair Trading with Arts Way
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 Arts Way 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 Arts Way will appreciate offsetting losses from the drop in the long position's value.Moving against Arts Stock
| 0.44 | CEAD | CEA Industries | PairCorr |
| 0.42 | GENC | Gencor Industries Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Arts Way could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arts Way 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 Arts Way - 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 Arts Way Manufacturing Co to buy it.
The correlation of Arts Way 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 Arts Way moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arts Way Manufacturing 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 Arts Way 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 Arts Way Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Arts Stock analysis
When running Arts Way's price analysis, check to measure Arts Way'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 Arts Way is operating at the current time. Most of Arts Way's value examination focuses on studying past and present price action to predict the probability of Arts Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arts Way's price. Additionally, you may evaluate how the addition of Arts Way to your portfolios can decrease your overall portfolio volatility.
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Is Arts Way's industry 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 Arts Way. If investors know Arts 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 Arts Way 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 0.584 | Revenue Per Share 5.768 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0152 | Return On Equity (0) |
The market value of Arts Way Manufacturing is measured differently than its book value, which is the value of Arts that is recorded on the company's balance sheet. Investors also form their own opinion of Arts Way's value that differs from its market value or its book value, called intrinsic value, which is Arts Way'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 Arts Way's market value can be influenced by many factors that don't directly affect Arts Way'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 Arts Way's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arts Way is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arts Way'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.