Air Cost Of Revenue from 2010 to 2024
| AIRT Stock | USD 24.22 1.90 7.27% |
Cost Of Revenue | First Reported 1990-06-30 | Previous Quarter 64.8 M | Current Value 51.5 M | Quarterly Volatility 14.8 M |
Check Air T financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 9.6 M or Selling General Administrative of 54.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0234 or PTB Ratio of 7.23. Air financial statements analysis is a perfect complement when working with Air T Valuation or Volatility modules.
Air | Cost Of Revenue |
Latest Air T's Cost Of Revenue Growth Pattern
Below is the plot of the Cost Of Revenue of Air T Inc over the last few years. Cost of Revenue is found on Air T Inc income statement and represents the costs associated with goods and services Air T provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Air T's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air T's overall financial position and show how it may be relating to other accounts over time.
| Cost Of Revenue | 10 Years Trend |
|
Cost Of Revenue |
| Timeline |
Air Cost Of Revenue Regression Statistics
| Arithmetic Mean | 138,167,309 | |
| Geometric Mean | 113,565,332 | |
| Coefficient Of Variation | 46.42 | |
| Mean Deviation | 49,889,551 | |
| Median | 128,323,989 | |
| Standard Deviation | 64,135,315 | |
| Sample Variance | 4113.3T | |
| Range | 232.3M | |
| R-Value | 0.91 | |
| Mean Square Error | 756.9T | |
| R-Squared | 0.83 | |
| Slope | 13,058,478 | |
| Total Sum of Squares | 57586.7T |
Air Cost Of Revenue History
About Air T Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Air T income statement, its balance sheet, and the statement of cash flows. Air T investors use historical funamental indicators, such as Air T's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Air T investors may use each financial statement separately, they are all related. The changes in Air T's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Air T'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 Air T Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Air T. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 228.3 M | 239.7 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air T in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air T's short interest history, or implied volatility extrapolated from Air T options trading.
Pair Trading with Air T
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 Air T 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 Air T will appreciate offsetting losses from the drop in the long position's value.Moving together with Air Stock
| 0.8 | FDX | FedEx Financial Report 18th of June 2024 | PairCorr |
| 0.61 | GVH | Globavend Holdings | PairCorr |
Moving against Air Stock
| 0.85 | JBHT | JB Hunt Transport Financial Report 16th of July 2024 | PairCorr |
| 0.83 | FWRD | Forward Air Financial Report 6th of May 2024 | PairCorr |
| 0.81 | RLGT | Radiant Logistics | PairCorr |
| 0.79 | LSTR | Landstar System | PairCorr |
| 0.78 | HUBG | Hub Group | PairCorr |
The ability to find closely correlated positions to Air T could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air T 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 Air T - 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 Air T Inc to buy it.
The correlation of Air T 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 Air T moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air T Inc 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 Air T 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 Air T 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.
Complementary Tools for Air Stock analysis
When running Air T's price analysis, check to measure Air T'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 Air T is operating at the current time. Most of Air T's value examination focuses on studying past and present price action to predict the probability of Air T's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air T's price. Additionally, you may evaluate how the addition of Air T to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |
Is Air T'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 Air T. If investors know Air 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 Air T 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 (0.77) | Earnings Share (5.00) | Revenue Per Share 102.289 | Quarterly Revenue Growth 0.038 | Return On Assets (0.02) |
The market value of Air T Inc is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air T's value that differs from its market value or its book value, called intrinsic value, which is Air T'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 Air T's market value can be influenced by many factors that don't directly affect Air T'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 Air T's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air T is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air T'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.