Grupo Pretax Profit Margin from 2010 to 2024

ASR Stock  USD 276.92  4.33  1.59%   
Grupo Aeroportuario Pretax Profit Margin yearly trend continues to be relatively stable with very little volatility. Pretax Profit Margin is likely to drop to 0.35. During the period from 2010 to 2024, Grupo Aeroportuario Pretax Profit Margin destribution of quarterly values had range of 0.444 from its regression line and mean deviation of  0.08. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.56619505
Current Value
0.35
Quarterly Volatility
0.10774721
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Grupo Aeroportuario financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo Aeroportuario's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 1.2 B or Selling General Administrative of 569 M, as well as many indicators such as Price To Sales Ratio of 4.89, Dividend Yield of 0.0409 or PTB Ratio of 1.68. Grupo financial statements analysis is a perfect complement when working with Grupo Aeroportuario Valuation or Volatility modules.
  
Check out the analysis of Grupo Aeroportuario Correlation against competitors.

Latest Grupo Aeroportuario's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Grupo Aeroportuario del over the last few years. It is Grupo Aeroportuario's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grupo Aeroportuario's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Very volatile
   Pretax Profit Margin   
       Timeline  

Grupo Pretax Profit Margin Regression Statistics

Arithmetic Mean0.47
Geometric Mean0.45
Coefficient Of Variation23.12
Mean Deviation0.08
Median0.47
Standard Deviation0.11
Sample Variance0.01
Range0.444
R-Value(0.03)
Mean Square Error0.01
R-Squared0.0008
Significance0.92
Slope(0.0007)
Total Sum of Squares0.16

Grupo Pretax Profit Margin History

2024 0.35
2023 0.57
2022 0.56
2021 0.43
2020 0.23
2019 0.46

About Grupo Aeroportuario Financial Statements

Grupo Aeroportuario shareholders use historical fundamental indicators, such as Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Grupo Aeroportuario investors may analyze each financial statement separately, they are all interrelated. The changes in Grupo Aeroportuario's assets and liabilities, for example, are also reflected in the revenues and expenses on on Grupo Aeroportuario'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
Pretax Profit Margin 0.57  0.35 

Pair Trading with Grupo Aeroportuario

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

Moving against Grupo Stock

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

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