Asbury Short Term Investments from 2010 to 2024

ABG Stock

USD 224.82 1.46 0.65%

Asbury Automotive's Short Term Investments are increasing over the last several years with slightly volatile swings. Short Term Investments are predicted to flatten to about 3.3 M. During the period from 2010 to 2024 Asbury Automotive Group Short Term Investments regressed destribution of quarterly values had coefficient of variationof 114.62 and r-value of 0.42. View All Fundamentals

Short Term Investments

First Reported

2000-12-31

Previous Quarter

6.2 M

Current Value

6.9 M

Quarterly Volatility

3.5 M

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Asbury Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asbury main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.7 M, Interest Expense of 174 M or Selling General Administrative of 1.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0701 or PTB Ratio of 2.14. Asbury financial statements analysis is a perfect complement when working with Asbury Automotive Valuation or Volatility modules.

This module can also supplement Asbury Automotive's financial leverage analysis and stock options assessment as well as various Asbury Automotive Technical models . Check out the analysis of Asbury Automotive Correlation against competitors.

Latest Asbury Automotive's Short Term Investments Growth Pattern

Below is the plot of the Short Term Investments of Asbury Automotive Group over the last few years. Short Term Investments is an item under the current assets section of Asbury Automotive balance sheet. It contains any investments Asbury Automotive Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Asbury Automotive can easily liquidate in the marketplace. It is Asbury Automotive's Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asbury Automotive's overall financial position and show how it may be relating to other accounts over time.

Short Term Investments

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Short Term Investments

Timeline

Asbury Short Term Investments Regression Statistics

	Arithmetic Mean	3,490,366
	Geometric Mean	0.00
	Coefficient Of Variation	114.62
	Mean Deviation	3,341,041
	Median	1,304,000
	Standard Deviation	4,000,650
	Sample Variance	16T
	Range	11M
	R-Value	0.42
	Mean Square Error	14.2T
	R-Squared	0.18
	Significance	0.12
	Slope	377,259
	Total Sum of Squares	224.1T

Asbury Short Term Investments History

	2024	3.3 M
	2023	6.2 M
	2022	5.4 M
	2020	1.1 M
	2019	11 M
	2018	600 K

Other Fundumenentals of Asbury Automotive

Cash And Short Term Investments

Asbury Automotive Short Term Investments component correlations

	Total Assets	Total Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Long Term Debt	Good Will	Short Term Investments	Intangible Assets	Property Plant Equipment	Net Debt	Retained Earnings	Net Receivables	Short Term Debt	Treasury Stock	Common Stock	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock
Total Assets		0.99	0.99	0.94	0.07	0.97	0.96	0.43	0.97	0.99	0.99	0.97	0.72	0.62	-0.58	0.65	0.91	0.87	0.99	0.99	0.99	0.79	0.98	0.92	0.29	0.96	-0.74
Total Stockholder Equity	0.99		0.96	0.9	0.1	0.95	0.95	0.41	0.99	0.97	0.95	0.96	0.67	0.55	-0.51	0.62	0.91	0.92	0.97	0.99	0.98	0.74	0.99	0.92	0.35	0.98	-0.73
Total Liab	0.99	0.96		0.92	0.04	0.99	0.97	0.47	0.94	0.99	0.99	0.96	0.77	0.58	-0.65	0.62	0.9	0.8	0.99	0.98	0.99	0.77	0.95	0.92	0.32	0.91	-0.67
Total Current Assets	0.94	0.9	0.92		-0.12	0.85	0.82	0.39	0.86	0.94	0.95	0.93	0.72	0.81	-0.65	0.79	0.82	0.82	0.9	0.91	0.91	0.9	0.88	0.8	0.07	0.9	-0.81
Accounts Payable	0.07	0.1	0.04	-0.12		0.1	0.23	-0.01	0.24	-0.04	0.05	0.05	-0.06	-0.07	0.24	-0.56	0.29	0.12	0.1	0.12	0.1	0.02	0.15	0.13	0.04	0.14	-0.1
Long Term Debt	0.97	0.95	0.99	0.85	0.1		0.98	0.48	0.94	0.98	0.96	0.93	0.75	0.45	-0.61	0.53	0.91	0.77	0.99	0.98	0.98	0.67	0.95	0.93	0.44	0.89	-0.58
Good Will	0.96	0.95	0.97	0.82	0.23	0.98		0.47	0.96	0.95	0.95	0.91	0.69	0.46	-0.51	0.46	0.91	0.77	0.98	0.97	0.98	0.67	0.95	0.93	0.38	0.9	-0.62
Short Term Investments	0.43	0.41	0.47	0.39	-0.01	0.48	0.47		0.37	0.46	0.44	0.39	0.5	0.15	-0.3	0.22	0.56	0.21	0.45	0.43	0.45	0.19	0.39	0.49	0.37	0.31	-0.07
Intangible Assets	0.97	0.99	0.94	0.86	0.24	0.94	0.96	0.37		0.94	0.93	0.94	0.63	0.53	-0.45	0.53	0.93	0.91	0.97	0.98	0.97	0.72	0.99	0.91	0.33	0.98	-0.73
Property Plant Equipment	0.99	0.97	0.99	0.94	-0.04	0.98	0.95	0.46	0.94		0.98	0.97	0.76	0.59	-0.65	0.68	0.89	0.83	0.99	0.98	0.99	0.77	0.96	0.91	0.33	0.93	-0.69
Net Debt	0.99	0.95	0.99	0.95	0.05	0.96	0.95	0.44	0.93	0.98		0.96	0.75	0.68	-0.64	0.65	0.89	0.8	0.98	0.97	0.98	0.83	0.94	0.89	0.2	0.91	-0.73
Retained Earnings	0.97	0.96	0.96	0.93	0.05	0.93	0.91	0.39	0.94	0.97	0.96		0.77	0.62	-0.71	0.63	0.9	0.86	0.95	0.95	0.97	0.81	0.93	0.88	0.32	0.92	-0.7
Net Receivables	0.72	0.67	0.77	0.72	-0.06	0.75	0.69	0.5	0.63	0.76	0.75	0.77		0.43	-0.8	0.59	0.66	0.5	0.73	0.69	0.74	0.58	0.65	0.8	0.35	0.6	-0.23
Short Term Debt	0.62	0.55	0.58	0.81	-0.07	0.45	0.46	0.15	0.53	0.59	0.68	0.62	0.43		-0.42	0.7	0.49	0.56	0.54	0.56	0.55	0.92	0.53	0.43	-0.5	0.61	-0.84
Treasury Stock	-0.58	-0.51	-0.65	-0.65	0.24	-0.61	-0.51	-0.3	-0.45	-0.65	-0.64	-0.71	-0.8	-0.42		-0.47	-0.53	-0.33	-0.58	-0.52	-0.62	-0.59	-0.45	-0.5	-0.3	-0.41	0.22
Common Stock	0.65	0.62	0.62	0.79	-0.56	0.53	0.46	0.22	0.53	0.68	0.65	0.63	0.59	0.7	-0.47		0.42	0.6	0.58	0.59	0.59	0.7	0.58	0.6	-0.12	0.63	-0.56
Current Deferred Revenue	0.91	0.91	0.9	0.82	0.29	0.91	0.91	0.56	0.93	0.89	0.89	0.9	0.66	0.49	-0.53	0.42		0.82	0.92	0.93	0.93	0.69	0.92	0.86	0.41	0.9	-0.64
Net Tangible Assets	0.87	0.92	0.8	0.82	0.12	0.77	0.77	0.21	0.91	0.83	0.8	0.86	0.5	0.56	-0.33	0.6	0.82		0.82	0.87	0.84	0.7	0.92	0.78	0.27	0.96	-0.79
Long Term Debt Total	0.99	0.97	0.99	0.9	0.1	0.99	0.98	0.45	0.97	0.99	0.98	0.95	0.73	0.54	-0.58	0.58	0.92	0.82		0.99	0.99	0.73	0.97	0.93	0.35	0.93	-0.67
Capital Surpluse	0.99	0.99	0.98	0.91	0.12	0.98	0.97	0.43	0.98	0.98	0.97	0.95	0.69	0.56	-0.52	0.59	0.93	0.87	0.99		0.99	0.75	0.99	0.92	0.33	0.97	-0.72
Deferred Long Term Liab	0.99	0.98	0.99	0.91	0.1	0.98	0.98	0.45	0.97	0.99	0.98	0.97	0.74	0.55	-0.62	0.59	0.93	0.84	0.99	0.99		0.75	0.97	0.93	0.36	0.94	-0.68
Short Long Term Debt	0.79	0.74	0.77	0.9	0.02	0.67	0.67	0.19	0.72	0.77	0.83	0.81	0.58	0.92	-0.59	0.7	0.69	0.7	0.73	0.75	0.75		0.72	0.64	-0.23	0.77	-0.84
Cash And Equivalents	0.98	0.99	0.95	0.88	0.15	0.95	0.95	0.39	0.99	0.96	0.94	0.93	0.65	0.53	-0.45	0.58	0.92	0.92	0.97	0.99	0.97	0.72		0.92	0.36	0.98	-0.73
Net Invested Capital	0.92	0.92	0.92	0.8	0.13	0.93	0.93	0.49	0.91	0.91	0.89	0.88	0.8	0.43	-0.5	0.6	0.86	0.78	0.93	0.92	0.93	0.64	0.92		0.4	0.87	-0.49
Net Working Capital	0.29	0.35	0.32	0.07	0.04	0.44	0.38	0.37	0.33	0.33	0.2	0.32	0.35	-0.5	-0.3	-0.12	0.41	0.27	0.35	0.33	0.36	-0.23	0.36	0.4		0.25	0.26
Long Term Investments	0.96	0.98	0.91	0.9	0.14	0.89	0.9	0.31	0.98	0.93	0.91	0.92	0.6	0.61	-0.41	0.63	0.9	0.96	0.93	0.97	0.94	0.77	0.98	0.87	0.25		-0.81
Capital Stock	-0.74	-0.73	-0.67	-0.81	-0.1	-0.58	-0.62	-0.07	-0.73	-0.69	-0.73	-0.7	-0.23	-0.84	0.22	-0.56	-0.64	-0.79	-0.67	-0.72	-0.68	-0.84	-0.73	-0.49	0.26	-0.81

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About Asbury Automotive Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Asbury Automotive income statement, its balance sheet, and the statement of cash flows. Asbury Automotive investors use historical funamental indicators, such as Asbury Automotive's Short Term Investments, to determine how well the company is positioned to perform in the future. Although Asbury Automotive investors may use each financial statement separately, they are all related. The changes in Asbury Automotive's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Asbury Automotive'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 Asbury Automotive Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Asbury Automotive. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Short Term Investments	6.2 M	3.3 M
Cash And Short Term Investments	45.7 M	56.8 M

Asbury Automotive Investors Sentiment

The influence of Asbury Automotive's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Asbury. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Asbury Automotive's public news can be used to forecast risks associated with an investment in Asbury. The trend in average sentiment can be used to explain how an investor holding Asbury can time the market purely based on public headlines and social activities around Asbury Automotive Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Asbury Automotive's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Asbury Automotive's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Asbury Automotive's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Asbury Automotive.

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 Asbury Automotive 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, Asbury Automotive's short interest history, or implied volatility extrapolated from Asbury Automotive options trading.

Pair Trading with Asbury Automotive

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 Asbury Automotive 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 Asbury Automotive will appreciate offsetting losses from the drop in the long position's value.

Moving against Asbury Stock

0.48

Li AutoInc

Pair Corr

The ability to find closely correlated positions to Asbury Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asbury Automotive 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 Asbury Automotive - 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 Asbury Automotive Group to buy it.

The correlation of Asbury Automotive 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 Asbury Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asbury Automotive 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 Asbury Automotive 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

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:

How To Invest In Asbury

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Is Asbury Stock a good investment?

Details

What is Asbury Automotive's Net Worth?

Details

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Check out the analysis of Asbury Automotive Correlation against competitors.

Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Asbury Stock analysis

When running Asbury Automotive's price analysis, check to measure Asbury Automotive'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 Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.

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Is Asbury Automotive'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 Asbury Automotive. If investors know Asbury 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 Asbury Automotive 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

(0.14)

Earnings Share

27.59

Revenue Per Share

749.531

Quarterly Revenue Growth

0.173

Return On Assets

0.0724

The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive'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 Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive'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 Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive'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.

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Asbury Short Term Investments from 2010 to 2024

Latest Asbury Automotive's Short Term Investments Growth Pattern

Asbury Short Term Investments Regression Statistics

Asbury Short Term Investments History

Other Fundumenentals of Asbury Automotive

Asbury Automotive Short Term Investments component correlations

About Asbury Automotive Financial Statements

Asbury Automotive Investors Sentiment

Pair Trading with Asbury Automotive

Moving against Asbury Stock

Complementary Tools for Asbury Stock analysis

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