Arconic Financial Statements From 2010 to 2024

ARNCDelisted Stock  USD 29.99  0.00  0.00%   
Arconic financial statements provide useful quarterly and yearly information to potential Arconic investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Arconic financial statements helps investors assess Arconic's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Arconic's valuation are summarized below:
Arconic does not presently have any fundamental signals for analysis.
Check Arconic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arconic main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Arconic financial statements analysis is a perfect complement when working with Arconic Valuation or Volatility modules.
  
This module can also supplement various Arconic Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Arconic Z Score Analysis

Arconic's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Arconic Z Score

    
  2.91  
Most of Arconic's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Arconic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

In accordance with the company's disclosures, Arconic has a Z Score of 2.91. This is 28.5% lower than that of the Aerospace & Defense sector and 70.52% lower than that of the Industrials industry. The z score for all United States stocks is 66.63% higher than that of the company.

Arconic Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Arconic's current stock value. Our valuation model uses many indicators to compare Arconic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Arconic competition to find correlations between indicators driving Arconic's intrinsic value. More Info.
Arconic is number one stock in shares owned by institutions category among related companies. It is number one stock in retained earnings category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Arconic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Arconic's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Arconic's earnings, one of the primary drivers of an investment's value.

About Arconic Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Arconic income statement, its balance sheet, and the statement of cash flows. Arconic investors use historical funamental indicators, such as Arconic's revenue or net income, to determine how well the company is positioned to perform in the future. Although Arconic investors may use each financial statement separately, they are all related. The changes in Arconic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arconic'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 Arconic Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arconic. Please read more on our technical analysis and fundamental analysis pages.
Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, the United Kingdom, and internationally. Arconic Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania. Arconic Corp operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 13900 people.

Pair Trading with Arconic

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

Moving together with Arconic Stock

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  0.82PPERF Bank Mandiri PerseroPairCorr

Moving against Arconic Stock

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  0.75PTAIF PT Astra InternationalPairCorr
  0.61PTAIY Astra International TbkPairCorr
  0.54CSCO Cisco Systems Fiscal Quarter End 30th of April 2024 PairCorr
  0.54PFE Pfizer Inc Sell-off TrendPairCorr
The ability to find closely correlated positions to Arconic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arconic 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 Arconic - 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 Arconic to buy it.
The correlation of Arconic 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 Arconic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arconic 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 Arconic 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 CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in Arconic Stock

If you are still planning to invest in Arconic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Arconic's history and understand the potential risks before investing.
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