Aclara Return On Assets from 2010 to 2026
| ARA Stock | 3.64 0.38 9.45% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.05) | Current Value (0.06) | Quarterly Volatility 0.02132383 |
Check Aclara Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aclara Resources' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 1.6 M or Depreciation And Amortization of 1.5 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.44. Aclara financial statements analysis is a perfect complement when working with Aclara Resources Valuation or Volatility modules.
Aclara | Return On Assets |
Evaluating Aclara Resources's Return On Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Aclara Resources's fundamental strength.
Latest Aclara Resources' Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Aclara Resources 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. Aclara Resources' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aclara Resources' overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
|
Return On Assets |
| Timeline |
Aclara Return On Assets Regression Statistics
| Arithmetic Mean | (0.03) | |
| Coefficient Of Variation | (79.17) | |
| Mean Deviation | 0.02 | |
| Median | (0.01) | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0005 | |
| Range | 0.0683 | |
| R-Value | (0.72) | |
| Mean Square Error | 0.0002 | |
| R-Squared | 0.52 | |
| Significance | 0 | |
| Slope | (0) | |
| Total Sum of Squares | 0.01 |
Aclara Return On Assets History
About Aclara Resources Financial Statements
Aclara Resources investors utilize fundamental indicators, such as Return On Assets, to predict how Aclara 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 | ||
| Return On Assets | (0.05) | (0.06) |
Pair Trading with Aclara Resources
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 Aclara Resources 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 Aclara Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Aclara Stock
Moving against Aclara Stock
The ability to find closely correlated positions to Aclara Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aclara Resources 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 Aclara Resources - 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 Aclara Resources to buy it.
The correlation of Aclara Resources 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 Aclara Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aclara Resources 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 Aclara Resources 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.Other Information on Investing in Aclara Stock
Aclara Resources financial ratios help investors to determine whether Aclara Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aclara with respect to the benefits of owning Aclara Resources security.