Arteris Graham Number from 2010 to 2024

AIP Stock  USD 9.99  0.89  9.78%   
Arteris Graham Number yearly trend continues to be relatively stable with very little volatility. Graham Number is likely to drop to 2.42. During the period from 2010 to 2024, Arteris Graham Number destribution of quarterly values had range of 4.35 from its regression line and mean deviation of  1.08. View All Fundamentals
 
Graham Number  
First Reported
2010-12-31
Previous Quarter
3.13748155
Current Value
2.42
Quarterly Volatility
1.41012285
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Arteris financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arteris' main balance sheet or income statement drivers, such as Tax Provision of 1.8 M, Depreciation And Amortization of 1.8 M or Interest Expense of 196.6 K, as well as many indicators such as Price To Sales Ratio of 3.72, Dividend Yield of 0.0 or PTB Ratio of 14.61. Arteris financial statements analysis is a perfect complement when working with Arteris Valuation or Volatility modules.
  
Check out the analysis of Arteris Correlation against competitors.
To learn how to invest in Arteris Stock, please use our How to Invest in Arteris guide.

Latest Arteris' Graham Number Growth Pattern

Below is the plot of the Graham Number of Arteris over the last few years. It is Arteris' Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Arteris' overall financial position and show how it may be relating to other accounts over time.
Graham Number10 Years Trend
Slightly volatile
   Graham Number   
       Timeline  

Arteris Graham Number Regression Statistics

Arithmetic Mean1.84
Geometric Mean1.52
Coefficient Of Variation76.65
Mean Deviation1.08
Median1.12
Standard Deviation1.41
Sample Variance1.99
Range4.35
R-Value0.62
Mean Square Error1.31
R-Squared0.39
Significance0.01
Slope0.20
Total Sum of Squares27.84

Arteris Graham Number History

2024 2.42
2023 3.14
2022 4.64
2021 5.29
2020 0.94

About Arteris Financial Statements

Arteris shareholders use historical fundamental indicators, such as Graham Number, to determine how well the company is positioned to perform in the future. Although Arteris investors may analyze each financial statement separately, they are all interrelated. The changes in Arteris' assets and liabilities, for example, are also reflected in the revenues and expenses on on Arteris' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Graham Number 3.14  2.42 

Pair Trading with Arteris

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

Moving together with Arteris Stock

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Moving against Arteris Stock

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The ability to find closely correlated positions to Arteris could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arteris 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 Arteris - 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 Arteris to buy it.
The correlation of Arteris 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 Arteris moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arteris 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 Arteris 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

Additional Tools for Arteris Stock Analysis

When running Arteris' price analysis, check to measure Arteris' 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 Arteris is operating at the current time. Most of Arteris' value examination focuses on studying past and present price action to predict the probability of Arteris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arteris' price. Additionally, you may evaluate how the addition of Arteris to your portfolios can decrease your overall portfolio volatility.