AMCON Gross Profit Margin from 2010 to 2024
| DIT Stock | USD 157.90 5.48 3.35% |
Gross Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.0774 | Current Value 0.0827 | Quarterly Volatility 0.00760114 |
Check AMCON Distributing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AMCON main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 M, Interest Expense of 10.3 M or Selling General Administrative of 165.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0269, Dividend Yield of 0.0252 or PTB Ratio of 1.02. AMCON financial statements analysis is a perfect complement when working with AMCON Distributing Valuation or Volatility modules.
AMCON | Gross Profit Margin |
Latest AMCON Distributing's Gross Profit Margin Growth Pattern
Below is the plot of the Gross Profit Margin of AMCON Distributing over the last few years. It is AMCON Distributing's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AMCON Distributing's overall financial position and show how it may be relating to other accounts over time.
| Gross Profit Margin | 10 Years Trend |
|
Gross Profit Margin |
| Timeline |
AMCON Gross Profit Margin Regression Statistics
| Arithmetic Mean | 0.06 | |
| Geometric Mean | 0.06 | |
| Coefficient Of Variation | 11.81 | |
| Mean Deviation | 0.01 | |
| Median | 0.06 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.000058 | |
| Range | 0.0259 | |
| R-Value | 0.36 | |
| Mean Square Error | 0.000054 | |
| R-Squared | 0.13 | |
| Significance | 0.18 | |
| Slope | 0.0006 | |
| Total Sum of Squares | 0.0008 |
AMCON Gross Profit Margin History
About AMCON Distributing Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AMCON Distributing income statement, its balance sheet, and the statement of cash flows. AMCON Distributing investors use historical funamental indicators, such as AMCON Distributing's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although AMCON Distributing investors may use each financial statement separately, they are all related. The changes in AMCON Distributing's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AMCON Distributing'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 AMCON Distributing Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AMCON Distributing. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit Margin | 0.08 | 0.08 |
Pair Trading with AMCON Distributing
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 AMCON Distributing 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 AMCON Distributing will appreciate offsetting losses from the drop in the long position's value.Moving against AMCON Stock
| 0.88 | LE | Lands End Financial Report 6th of June 2024 | PairCorr |
| 0.78 | JD | JD Inc Adr Financial Report 9th of May 2024 | PairCorr |
| 0.65 | AN | AutoNation | PairCorr |
| 0.59 | EDUC | Educational Development Report 9th of May 2024 | PairCorr |
| 0.57 | EBAY | eBay Inc | PairCorr |
The ability to find closely correlated positions to AMCON Distributing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMCON Distributing 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 AMCON Distributing - 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 AMCON Distributing to buy it.
The correlation of AMCON Distributing 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 AMCON Distributing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMCON Distributing 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 AMCON Distributing 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 AMCON Distributing Correlation against competitors. For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for AMCON Stock analysis
When running AMCON Distributing's price analysis, check to measure AMCON Distributing'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 AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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Is AMCON Distributing'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 AMCON Distributing. If investors know AMCON 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 AMCON Distributing 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 (0.74) | Dividend Share 0.72 | Earnings Share 14.18 | Revenue Per Share 3.5 K | Quarterly Revenue Growth 0.045 |
The market value of AMCON Distributing is measured differently than its book value, which is the value of AMCON that is recorded on the company's balance sheet. Investors also form their own opinion of AMCON Distributing's value that differs from its market value or its book value, called intrinsic value, which is AMCON Distributing'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 AMCON Distributing's market value can be influenced by many factors that don't directly affect AMCON Distributing'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 AMCON Distributing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMCON Distributing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMCON Distributing'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.