Archer Other Liab vs Non Currrent Assets Other Analysis

ACHR Stock

USD 2.97 0.06 1.98%

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 Other Liab and its Non Currrent Assets Other 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.

Other Liab vs Non Currrent Assets Other

Other Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archer Aviation Other Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.

The correlation between Archer Aviation's Other Liab and Non Currrent Assets Other is 0.76. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Currrent Assets Other 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 Other Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Archer Aviation are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Liab i.e., Archer Aviation's Other Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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 10/10/2024, 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

Reconciled Depreciation Cost Of Revenue

Archer Aviation fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Good Will	Capital Lease Obligations
Total Assets		0.98	0.5	0.73	0.99	0.99	1.0	0.67	-0.86	-0.8	0.67	0.87	0.69	0.81	1.0	0.96	0.8	0.68	0.76	1.0	0.84	0.83	0.72	0.99	-0.44	0.76
Short Long Term Debt Total	0.98		0.55	0.8	0.96	0.97	0.98	0.73	-0.81	-0.86	0.72	0.82	0.75	0.86	0.97	0.96	0.84	0.71	0.82	0.97	0.81	0.88	0.8	0.99	-0.48	0.85
Other Current Liab	0.5	0.55		0.34	0.5	0.42	0.47	0.27	0.0	-0.44	0.18	0.02	0.29	0.43	0.49	0.53	0.22	0.81	0.3	0.5	0.43	0.55	0.57	0.48	-0.02	0.62
Total Current Liabilities	0.73	0.8	0.34		0.66	0.69	0.73	0.99	-0.67	-0.99	0.98	0.6	1.0	0.99	0.7	0.83	0.97	0.67	1.0	0.7	0.81	0.96	0.96	0.79	-0.89	0.9
Total Stockholder Equity	0.99	0.96	0.5	0.66		0.99	0.98	0.59	-0.86	-0.73	0.59	0.86	0.61	0.74	1.0	0.93	0.74	0.66	0.7	1.0	0.81	0.77	0.65	0.97	-0.38	0.68
Other Liab	0.99	0.97	0.42	0.69	0.99		0.99	0.62	-0.9	-0.75	0.63	0.92	0.64	0.76	0.99	0.93	0.78	0.6	0.73	0.99	0.8	0.77	0.65	0.98	-0.39	0.71
Net Tangible Assets	1.0	0.98	0.47	0.73	0.98	0.99		0.67	-0.87	-0.8	0.67	0.89	0.69	0.8	0.99	0.96	0.8	0.67	0.76	0.99	0.83	0.82	0.71	0.99	-0.42	0.77
Property Plant And Equipment Net	0.67	0.73	0.27	0.99	0.59	0.62	0.67		-0.64	-0.97	0.99	0.56	1.0	0.97	0.63	0.78	0.96	0.62	0.99	0.64	0.78	0.94	0.94	0.74	-0.92	0.87
Net Debt	-0.86	-0.81	0.0	-0.67	-0.86	-0.9	-0.87	-0.64		0.69	-0.68	-0.99	-0.65	-0.7	-0.87	-0.8	-0.81	-0.33	-0.73	-0.87	-0.73	-0.65	-0.52	-0.87	0.53	-0.51
Retained Earnings	-0.8	-0.86	-0.44	-0.99	-0.73	-0.75	-0.8	-0.97	0.69		-0.96	-0.63	-0.98	-1.0	-0.77	-0.89	-0.97	-0.73	-0.99	-0.77	-0.84	-0.99	-0.97	-0.85	0.82	-0.94
Accounts Payable	0.67	0.72	0.18	0.98	0.59	0.63	0.67	0.99	-0.68	-0.96		0.61	0.99	0.96	0.63	0.78	0.97	0.59	0.98	0.64	0.8	0.91	0.9	0.73	-0.92	0.83
Cash	0.87	0.82	0.02	0.6	0.86	0.92	0.89	0.56	-0.99	-0.63	0.61		0.57	0.64	0.88	0.8	0.75	0.31	0.66	0.87	0.7	0.6	0.46	0.87	-0.41	0.5
Non Current Assets Total	0.69	0.75	0.29	1.0	0.61	0.64	0.69	1.0	-0.65	-0.98	0.99	0.57		0.98	0.65	0.8	0.97	0.64	0.99	0.66	0.79	0.94	0.95	0.75	-0.91	0.88
Non Currrent Assets Other	0.81	0.86	0.43	0.99	0.74	0.76	0.8	0.97	-0.7	-1.0	0.96	0.64	0.98		0.78	0.89	0.97	0.73	0.99	0.78	0.86	0.99	0.97	0.86	-0.84	0.92
Cash And Short Term Investments	1.0	0.97	0.49	0.7	1.0	0.99	0.99	0.63	-0.87	-0.77	0.63	0.88	0.65	0.78		0.94	0.78	0.66	0.73	1.0	0.83	0.8	0.69	0.99	-0.41	0.72
Common Stock Shares Outstanding	0.96	0.96	0.53	0.83	0.93	0.93	0.96	0.78	-0.8	-0.89	0.78	0.8	0.8	0.89	0.94		0.85	0.81	0.85	0.95	0.93	0.92	0.83	0.97	-0.53	0.87
Non Current Liabilities Total	0.8	0.84	0.22	0.97	0.74	0.78	0.8	0.96	-0.81	-0.97	0.97	0.75	0.97	0.97	0.78	0.85		0.56	0.99	0.78	0.8	0.92	0.89	0.86	-0.86	0.83
Other Current Assets	0.68	0.71	0.81	0.67	0.66	0.6	0.67	0.62	-0.33	-0.73	0.59	0.31	0.64	0.73	0.66	0.81	0.56		0.63	0.67	0.84	0.83	0.79	0.68	-0.39	0.8
Total Liab	0.76	0.82	0.3	1.0	0.7	0.73	0.76	0.99	-0.73	-0.99	0.98	0.66	0.99	0.99	0.73	0.85	0.99	0.63		0.74	0.81	0.95	0.94	0.82	-0.88	0.88
Total Current Assets	1.0	0.97	0.5	0.7	1.0	0.99	0.99	0.64	-0.87	-0.77	0.64	0.87	0.66	0.78	1.0	0.95	0.78	0.67	0.74		0.83	0.8	0.69	0.99	-0.41	0.73
Common Stock	0.84	0.81	0.43	0.81	0.81	0.8	0.83	0.78	-0.73	-0.84	0.8	0.7	0.79	0.86	0.83	0.93	0.8	0.84	0.81	0.83		0.88	0.78	0.85	-0.6	0.76
Property Plant Equipment	0.83	0.88	0.55	0.96	0.77	0.77	0.82	0.94	-0.65	-0.99	0.91	0.6	0.94	0.99	0.8	0.92	0.92	0.83	0.95	0.8	0.88		0.98	0.87	-0.77	0.94
Current Deferred Revenue	0.72	0.8	0.57	0.96	0.65	0.65	0.71	0.94	-0.52	-0.97	0.9	0.46	0.95	0.97	0.69	0.83	0.89	0.79	0.94	0.69	0.78	0.98		0.78	-0.79	0.95
Long Term Debt	0.99	0.99	0.48	0.79	0.97	0.98	0.99	0.74	-0.87	-0.85	0.73	0.87	0.75	0.86	0.99	0.97	0.86	0.68	0.82	0.99	0.85	0.87	0.78		-0.51	0.81
Good Will	-0.44	-0.48	-0.02	-0.89	-0.38	-0.39	-0.42	-0.92	0.53	0.82	-0.92	-0.41	-0.91	-0.84	-0.41	-0.53	-0.86	-0.39	-0.88	-0.41	-0.6	-0.77	-0.79	-0.51		-0.62
Capital Lease Obligations	0.76	0.85	0.62	0.9	0.68	0.71	0.77	0.87	-0.51	-0.94	0.83	0.5	0.88	0.92	0.72	0.87	0.83	0.8	0.88	0.73	0.76	0.94	0.95	0.81	-0.62

Click cells to compare fundamentals

Archer Aviation Account Relationship Matchups

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

0.89

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Moving against Archer Stock

0.88	HEI	Heico Fiscal Year End 16th of December 2024	Pair Corr
0.88	HWM	Howmet Aerospace	Pair Corr
0.83	CVU	CPI Aerostructures	Pair Corr
0.8	ERJ	Embraer SA ADR	Pair Corr
0.79	CW	Curtiss Wright	Pair Corr

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.

Pair Correlation Correlation Matching

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC