AAON Price To Free Cash Flows Ratio from 2010 to 2024
| AAON Stock | USD 109.15 1.32 1.22% |
Price To Free Cash Flows Ratio | First Reported 2010-12-31 | Previous Quarter 122.33200304 | Current Value 128.45 | Quarterly Volatility 201.2313566 |
Check AAON financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AAON's main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.1 M, Interest Expense of 5.1 M or Selling General Administrative of 162.9 M, as well as many indicators such as Price To Sales Ratio of 5.39, Dividend Yield of 0.0042 or PTB Ratio of 8.56. AAON financial statements analysis is a perfect complement when working with AAON Valuation or Volatility modules.
AAON | Price To Free Cash Flows Ratio |
Latest AAON's Price To Free Cash Flows Ratio Growth Pattern
Below is the plot of the Price To Free Cash Flows Ratio of AAON Inc over the last few years. It is AAON's Price To Free Cash Flows Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AAON's overall financial position and show how it may be relating to other accounts over time.
| Price To Free Cash Flows Ratio | 10 Years Trend |
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Price To Free Cash Flows Ratio |
| Timeline |
AAON Price To Free Cash Flows Ratio Regression Statistics
| Arithmetic Mean | 67.84 | |
| Coefficient Of Variation | 296.64 | |
| Mean Deviation | 103.42 | |
| Median | 31.24 | |
| Standard Deviation | 201.23 | |
| Sample Variance | 40,494 | |
| Range | 987 | |
| R-Value | 0.27 | |
| Mean Square Error | 40,451 | |
| R-Squared | 0.07 | |
| Significance | 0.33 | |
| Slope | 12.11 | |
| Total Sum of Squares | 566,917 |
AAON Price To Free Cash Flows Ratio History
About AAON Financial Statements
AAON investors utilize fundamental indicators, such as Price To Free Cash Flows Ratio, to predict how AAON 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 | ||
| Price To Free Cash Flows Ratio | 122.33 | 128.45 |
Pair Trading with AAON
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 AAON 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 AAON will appreciate offsetting losses from the drop in the long position's value.Moving together with AAON Stock
Moving against AAON Stock
The ability to find closely correlated positions to AAON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAON 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 AAON - 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 AAON Inc to buy it.
The correlation of AAON 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 AAON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAON Inc 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 AAON 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 AAON Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Building Products 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 AAON. If investors know AAON 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 AAON 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 (0.69) | Dividend Share 0.32 | Earnings Share 2.23 | Revenue Per Share 14.709 | Quarterly Revenue Growth 0.168 |
The market value of AAON Inc is measured differently than its book value, which is the value of AAON that is recorded on the company's balance sheet. Investors also form their own opinion of AAON's value that differs from its market value or its book value, called intrinsic value, which is AAON'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 AAON's market value can be influenced by many factors that don't directly affect AAON'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 AAON's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAON'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.