Altria Return On Capital Employed from 2010 to 2024
| MO Stock | USD 57.65 0.06 0.10% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter 0.42372757 | Current Value 0.22 | Quarterly Volatility 0.08321381 |
Check Altria financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altria's main balance sheet or income statement drivers, such as Interest Expense of 1 B, Selling General Administrative of 2.6 B or Selling And Marketing Expenses of 2 B, as well as many indicators such as Price To Sales Ratio of 3.67, Dividend Yield of 0.13 or Days Sales Outstanding of 23.01. Altria financial statements analysis is a perfect complement when working with Altria Valuation or Volatility modules.
Altria | Return On Capital Employed |
Latest Altria's Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of Altria Group over the last few years. It is Altria's Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Altria's overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
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Return On Capital Employed |
| Timeline |
Altria Return On Capital Employed Regression Statistics
| Arithmetic Mean | 0.30 | |
| Geometric Mean | 0.29 | |
| Coefficient Of Variation | 28.20 | |
| Mean Deviation | 0.06 | |
| Median | 0.28 | |
| Standard Deviation | 0.08 | |
| Sample Variance | 0.01 | |
| Range | 0.3064 | |
| R-Value | 0.45 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.21 | |
| Significance | 0.09 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.1 |
Altria Return On Capital Employed History
About Altria Financial Statements
Altria investors utilize fundamental indicators, such as Return On Capital Employed, to predict how Altria Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.42 | 0.22 |
Pair Trading with Altria
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 Altria 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 Altria will appreciate offsetting losses from the drop in the long position's value.Moving against Altria Stock
| 0.92 | BUD | Anheuser Busch Inbev | PairCorr |
| 0.73 | BGS | BG Foods | PairCorr |
| 0.71 | VITL | Vital Farms | PairCorr |
| 0.67 | FMX | Fomento Economico | PairCorr |
| 0.64 | GIS | General Mills | PairCorr |
The ability to find closely correlated positions to Altria could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altria 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 Altria - 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 Altria Group to buy it.
The correlation of Altria 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 Altria moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altria Group 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 Altria 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.Check out the analysis of Altria Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altria. If investors know Altria will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altria listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.099 | Dividend Share 3.96 | Earnings Share 5.92 | Revenue Per Share 11.726 | Quarterly Revenue Growth 0.013 |
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altria's market value can be influenced by many factors that don't directly affect Altria's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.