AAR Total Other Income Expense Net from 2010 to 2024
AIR Stock | USD 66.93 0.97 1.47% |
Total Other Income Expense Net | First Reported 1989-11-30 | Previous Quarter -19 M | Current Value -18.5 M | Quarterly Volatility 11.4 M |
Check AAR Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AAR Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 38.3 M, Interest Expense of 45.4 M or Selling General Administrative of 327.8 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 1.0E-4 or PTB Ratio of 1.61. AAR financial statements analysis is a perfect complement when working with AAR Corp Valuation or Volatility modules.
AAR | Total Other Income Expense Net |
Latest AAR Corp's Total Other Income Expense Net Growth Pattern
Below is the plot of the Total Other Income Expense Net of AAR Corp over the last few years. It is AAR Corp's Total Other Income Expense Net historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AAR Corp's overall financial position and show how it may be relating to other accounts over time.
Total Other Income Expense Net | 10 Years Trend |
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Total Other Income Expense Net |
Timeline |
AAR Total Other Income Expense Net Regression Statistics
Arithmetic Mean | (15,327,933) | |
Coefficient Of Variation | (164.40) | |
Mean Deviation | 18,979,102 | |
Median | (1,800,000) | |
Standard Deviation | 25,199,467 | |
Sample Variance | 635T | |
Range | 77.4M | |
R-Value | (0.62) | |
Mean Square Error | 423.9T | |
R-Squared | 0.38 | |
Significance | 0.01 | |
Slope | (3,473,932) | |
Total Sum of Squares | 8890.2T |
AAR Total Other Income Expense Net History
About AAR Corp Financial Statements
AAR Corp shareholders use historical fundamental indicators, such as Total Other Income Expense Net, to determine how well the company is positioned to perform in the future. Although AAR Corp investors may analyze each financial statement separately, they are all interrelated. The changes in AAR Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on AAR Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Total Other Income Expense Net | -70.9 M | -67.4 M |
Pair Trading with AAR Corp
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 AAR Corp 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 AAR Corp will appreciate offsetting losses from the drop in the long position's value.Moving against AAR Stock
The ability to find closely correlated positions to AAR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAR Corp 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 AAR Corp - 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 AAR Corp to buy it.
The correlation of AAR Corp 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 AAR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAR Corp 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 AAR Corp 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 AAR Stock Analysis
When running AAR Corp's price analysis, check to measure AAR Corp'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 AAR Corp is operating at the current time. Most of AAR Corp's value examination focuses on studying past and present price action to predict the probability of AAR Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAR Corp's price. Additionally, you may evaluate how the addition of AAR Corp to your portfolios can decrease your overall portfolio volatility.