Hackett Return On Capital Employed from 2010 to 2024
| HCKT Stock | USD 22.08 0.10 0.45% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter 0.3044572 | Current Value 0.32 | Quarterly Volatility 0.0814413 |
Check Hackett financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hackett's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Interest Expense of 3.4 M or Selling General Administrative of 50.8 M, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0153 or PTB Ratio of 2.76. Hackett financial statements analysis is a perfect complement when working with Hackett Valuation or Volatility modules.
Hackett | Return On Capital Employed |
Latest Hackett's Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of The Hackett Group over the last few years. It is Hackett's Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hackett's overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
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Return On Capital Employed |
| Timeline |
Hackett Return On Capital Employed Regression Statistics
| Arithmetic Mean | 0.21 | |
| Geometric Mean | 0.19 | |
| Coefficient Of Variation | 39.30 | |
| Mean Deviation | 0.06 | |
| Median | 0.20 | |
| Standard Deviation | 0.08 | |
| Sample Variance | 0.01 | |
| Range | 0.247 | |
| R-Value | 0.51 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.26 | |
| Significance | 0.05 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.09 |
Hackett Return On Capital Employed History
About Hackett Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Hackett income statement, its balance sheet, and the statement of cash flows. Hackett investors use historical funamental indicators, such as Hackett's Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Hackett investors may use each financial statement separately, they are all related. The changes in Hackett's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hackett'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 Hackett Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hackett. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.30 | 0.32 |
Pair Trading with Hackett
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 Hackett 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 Hackett will appreciate offsetting losses from the drop in the long position's value.Moving together with Hackett Stock
Moving against Hackett Stock
| 0.52 | FIS | Fidelity National | PairCorr |
| 0.48 | KD | Kyndryl Holdings | PairCorr |
| 0.4 | GDS | GDS Holdings Tech Boost | PairCorr |
| 0.39 | AUR | Aurora Innovation | PairCorr |
The ability to find closely correlated positions to Hackett could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hackett 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 Hackett - 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 The Hackett Group to buy it.
The correlation of Hackett 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 Hackett moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hackett Group 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 Hackett 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 Hackett Stock Analysis
When running Hackett's price analysis, check to measure Hackett'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 Hackett is operating at the current time. Most of Hackett's value examination focuses on studying past and present price action to predict the probability of Hackett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hackett's price. Additionally, you may evaluate how the addition of Hackett to your portfolios can decrease your overall portfolio volatility.