Smith Retained Earnings from 2010 to 2024
| AOS Stock | USD 81.08 0.20 0.25% |
Retained Earnings | First Reported 1985-12-31 | Previous Quarter 3.3 B | Current Value 3.4 B | Quarterly Volatility 856.8 M |
Check Smith AO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith AO's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.4 M, Interest Expense of 12.6 M or Total Revenue of 2 B, as well as many indicators such as Price To Sales Ratio of 3.37, Dividend Yield of 0.023 or PTB Ratio of 7.04. Smith financial statements analysis is a perfect complement when working with Smith AO Valuation or Volatility modules.
Smith | Retained Earnings |
Latest Smith AO's Retained Earnings Growth Pattern
Below is the plot of the Retained Earnings of Smith AO over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Smith AO's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smith AO's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.26 B | 10 Years Trend |
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Retained Earnings |
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Smith Retained Earnings Regression Statistics
| Arithmetic Mean | 1,861,780,333 | |
| Geometric Mean | 1,509,696,609 | |
| Coefficient Of Variation | 53.47 | |
| Mean Deviation | 839,205,689 | |
| Median | 1,792,600,000 | |
| Standard Deviation | 995,543,914 | |
| Sample Variance | 991107.7T | |
| Range | 3.3B | |
| R-Value | 1.00 | |
| Mean Square Error | 8151.6T | |
| R-Squared | 0.99 | |
| Slope | 221,758,696 | |
| Total Sum of Squares | 13875507.6T |
Smith Retained Earnings History
Other Fundumenentals of Smith AO
Smith AO Retained Earnings component correlations
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About Smith AO Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Smith AO income statement, its balance sheet, and the statement of cash flows. Smith AO investors use historical funamental indicators, such as Smith AO's Retained Earnings, to determine how well the company is positioned to perform in the future. Although Smith AO investors may use each financial statement separately, they are all related. The changes in Smith AO's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Smith AO'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 Smith AO Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Smith AO. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 3.3 B | 3.4 B | |
| Retained Earnings Total Equity | 3.3 B | 1.8 B |
Pair Trading with Smith AO
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 Smith AO 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 Smith AO will appreciate offsetting losses from the drop in the long position's value.Moving against Smith Stock
| 0.46 | EPAC | Enerpac Tool Group Financial Report 19th of June 2024 | PairCorr |
| 0.44 | CR | Crane Company | PairCorr |
The ability to find closely correlated positions to Smith AO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smith AO 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 Smith AO - 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 Smith AO to buy it.
The correlation of Smith AO 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 Smith AO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smith AO 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 Smith AO 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.Additional Tools for Smith Stock Analysis
When running Smith AO's price analysis, check to measure Smith AO'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 Smith AO is operating at the current time. Most of Smith AO's value examination focuses on studying past and present price action to predict the probability of Smith AO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith AO's price. Additionally, you may evaluate how the addition of Smith AO to your portfolios can decrease your overall portfolio volatility.