ARC Pe Ratio from 2010 to 2024

ARX Stock  CAD 24.87  0.26  1.06%   
ARC Resources PE Ratio yearly trend continues to be very stable with very little volatility. PE Ratio is likely to grow to 11.09 this year. During the period from 2010 to 2024, ARC Resources PE Ratio quarterly data regression pattern had range of 157 and standard deviation of  36.26. View All Fundamentals
 
PE Ratio  
First Reported
2010-12-31
Previous Quarter
7.50128664
Current Value
11.09
Quarterly Volatility
36.25580595
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ARC Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ARC Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Interest Expense of 110.8 M or Selling General Administrative of 219.7 M, as well as many indicators such as Price To Sales Ratio of 3.82, Dividend Yield of 0.0311 or PTB Ratio of 1.3. ARC financial statements analysis is a perfect complement when working with ARC Resources Valuation or Volatility modules.
  
This module can also supplement various ARC Resources Technical models . Check out the analysis of ARC Resources Correlation against competitors.

Pair Trading with ARC Resources

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

Moving together with ARC Stock

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Moving against ARC Stock

  0.64CCL-A CCL IndustriesPairCorr
  0.62RCI-A Rogers CommunicationsPairCorr
  0.59ARA Aclara ResourcesPairCorr
  0.45SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to ARC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARC Resources 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 ARC Resources - 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 ARC Resources to buy it.
The correlation of ARC Resources 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 ARC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARC Resources 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 ARC Resources 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

Other Information on Investing in ARC Stock

ARC Resources financial ratios help investors to determine whether ARC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ARC with respect to the benefits of owning ARC Resources security.