Amkor Other Current Assets from 2010 to 2024

AMKR Stock  USD 26.44  0.42  1.61%   
Amkor Technology Other Current Assets yearly trend continues to be relatively stable with very little volatility. Other Current Assets are likely to drop to about 39.7 M. Other Current Assets 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. View All Fundamentals
 
Other Current Assets  
First Reported
1998-03-31
Previous Quarter
64.2 M
Current Value
71.5 M
Quarterly Volatility
13 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Amkor Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amkor Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 423.2 M, Interest Expense of 73.2 M or Selling General Administrative of 260.1 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0095 or PTB Ratio of 3.08. Amkor financial statements analysis is a perfect complement when working with Amkor Technology Valuation or Volatility modules.
  
Check out the analysis of Amkor Technology Correlation against competitors.
To learn how to invest in Amkor Stock, please use our How to Invest in Amkor Technology guide.

Latest Amkor Technology's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Amkor Technology 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. Amkor Technology's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Amkor Technology's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Amkor Other Current Assets Regression Statistics

Arithmetic Mean39,061,922
Geometric Mean37,695,197
Coefficient Of Variation29.29
Mean Deviation8,789,907
Median34,620,000
Standard Deviation11,441,890
Sample Variance130.9T
Range38.1M
R-Value0.46
Mean Square Error111.7T
R-Squared0.21
Significance0.09
Slope1,166,421
Total Sum of Squares1832.8T

Amkor Other Current Assets History

202439.7 M
202358.5 M
202265.1 M
202134.6 M
202041.2 M
201934.6 M
201832 M

About Amkor Technology Financial Statements

Amkor Technology shareholders use historical fundamental indicators, such as Other Current Assets, to determine how well the company is positioned to perform in the future. Although Amkor Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Amkor Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Amkor Technology's 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
Other Current Assets58.5 M39.7 M

Pair Trading with Amkor Technology

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

Moving together with Amkor Stock

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Moving against Amkor Stock

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

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