Arogo Other Current Assets from 2010 to 2024
| AOGO Stock | USD 10.98 0.06 0.54% |
Other Current Assets | First Reported 2010-12-31 | Previous Quarter 292.4 K | Current Value 147 K | Quarterly Volatility 73.2 K |
Check Arogo Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arogo Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 1.3 M or Other Operating Expenses of 1.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 8.47. Arogo financial statements analysis is a perfect complement when working with Arogo Capital Valuation or Volatility modules.
Arogo |
Latest Arogo Capital's Other Current Assets Growth Pattern
Below is the plot of the Other Current Assets of Arogo Capital Acquisition over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Arogo Capital's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Arogo Capital's overall financial position and show how it may be relating to other accounts over time.
| Other Current Assets | 10 Years Trend |
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Other Current Assets |
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Arogo Other Current Assets Regression Statistics
| Arithmetic Mean | 56,171 | |
| Geometric Mean | 37,917 | |
| Coefficient Of Variation | 130.36 | |
| Mean Deviation | 46,991 | |
| Median | 26,801 | |
| Standard Deviation | 73,223 | |
| Sample Variance | 5.4B | |
| Range | 265.6K | |
| R-Value | 0.59 | |
| Mean Square Error | 3.8B | |
| R-Squared | 0.35 | |
| Significance | 0.02 | |
| Slope | 9,674 | |
| Total Sum of Squares | 75.1B |
Arogo Other Current Assets History
About Arogo Capital Financial Statements
Arogo Capital investors utilize fundamental indicators, such as Other Current Assets, to predict how Arogo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Other Current Assets | 292.4 K | 147 K |
Pair Trading with Arogo Capital
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 Arogo Capital 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 Arogo Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Arogo Stock
| 0.74 | CG | Carlyle Group | PairCorr |
| 0.69 | MA | Mastercard | PairCorr |
| 0.54 | PT | Pintec Technology | PairCorr |
| 0.49 | QD | Qudian Inc | PairCorr |
| 0.48 | LU | Lufax Holding | PairCorr |
The ability to find closely correlated positions to Arogo Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arogo Capital 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 Arogo Capital - 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 Arogo Capital Acquisition to buy it.
The correlation of Arogo Capital 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 Arogo Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arogo Capital Acquisition 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 Arogo Capital 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 Information and Resources on Investing in Arogo Stock
When determining whether Arogo Capital Acquisition is a strong investment it is important to analyze Arogo Capital'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 Arogo Capital's future performance. For an informed investment choice regarding Arogo Stock, refer to the following important reports:Check out the analysis of Arogo Capital Correlation against competitors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Asset Management & Custody Banks space 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 Arogo Capital. If investors know Arogo 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 Arogo Capital 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 3.574 | Earnings Share (0.14) | Return On Assets (0.01) |
The market value of Arogo Capital Acquisition is measured differently than its book value, which is the value of Arogo that is recorded on the company's balance sheet. Investors also form their own opinion of Arogo Capital's value that differs from its market value or its book value, called intrinsic value, which is Arogo Capital'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 Arogo Capital's market value can be influenced by many factors that don't directly affect Arogo Capital'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 Arogo Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arogo Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arogo Capital'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.