Archrock Return on Average Assets Trend from 2010 to 2022

AROC
 Stock
  

USD 7.61  0.02  0.26%   

Archrock Return on Average Assets are increasing over the years with slightly volatile fluctuation. Ongoing Return on Average Assets are projected to grow to 0.0119 this year. From 2010 to 2022 Archrock Return on Average Assets quarterly data regression line had arithmetic mean of(0.009777) and r-squared of  0.35. Archrock Direct Expenses is projected to decrease significantly based on the last few years of reporting. The past year's Direct Expenses was at 358.92 Million. The current year Consolidated Income is expected to grow to about 30.4 M, whereas Interest Expense is forecasted to decline to about 102.9 M.
  
Check Archrock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Archrock main balance sheet or income statement drivers, such as Direct Expenses of 368.4 M, Consolidated Income of 30.4 M or Cost of Revenue of 486.8 M, as well as many exotic indicators such as Interest Coverage of 1.16, Long Term Debt to Equity of 1.55 or Calculated Tax Rate of 27.35. Archrock financial statements analysis is a perfect complement when working with Archrock Valuation or Volatility modules. It can also supplement Archrock's financial leverage analysis and stock options assessment as well as various Archrock Technical models . Please continue to the analysis of Archrock Correlation against competitors.

Archrock Return on Average Assets Breakdown

Showing smoothed Return on Average Assets of Archrock with missing and latest data points interpolated. Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].Archrock's Return on Average Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Archrock's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.10 %10 Years Trend
Increasing
Slightly volatile
   Return on Average Assets   
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       Timeline  

Archrock Return on Average Assets Regression Statistics

Arithmetic Mean(0.009777)
Geometric Mean 0.019633
Coefficient Of Variation(352.64)
Mean Deviation 0.027248
Median 0.008
Standard Deviation 0.034479
Sample Variance 0.001189
Range 0.11
R-Value 0.59
Mean Square Error 0.00084002
R-Squared 0.35
Significance 0.032479
Slope 0.005255
Total Sum of Squares 0.014266

Archrock Return on Average Assets History

2012 -0.009
2013 0.022
2014 0.013
2015 -0.031
2016 -0.021
2017 0.008
2019 0.034
2020 -0.024
2021 0.011
2022 0.0119

About Archrock Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Archrock income statement, its balance sheet, and the statement of cash flows. Archrock investors use historical funamental indicators, such as Archrock's Return on Average Assets, to determine how well the company is positioned to perform in the future. Although Archrock investors may use each financial statement separately, they are all related. The changes in Archrock's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Archrock's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Archrock Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Archrock. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.011  0.0119 
Average Assets2.7 B2.9 B
Average Equity908.1 M977.4 M
Invested Capital Average4.1 B4.1 B
Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. Archrock, Inc. was founded in 1990 and is headquartered in Houston, Texas. Archrock operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1100 people.

Archrock Investors Sentiment

The influence of Archrock's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Archrock. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Archrock's public news can be used to forecast risks associated with investment in Archrock. The trend in average sentiment can be used to explain how an investor holding Archrock can time the market purely based on public headlines and social activities around Archrock. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Archrock's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Archrock's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Archrock's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Archrock.

Archrock Implied Volatility

    
  65.6  
Archrock's implied volatility exposes the market's sentiment of Archrock stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Archrock's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Archrock stock will not fluctuate a lot when Archrock's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Archrock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Archrock's short interest history, or implied volatility extrapolated from Archrock options trading.

Pair Trading with Archrock

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

Moving together with Archrock

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Moving against Archrock

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The ability to find closely correlated positions to Archrock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Archrock 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 Archrock - 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 Archrock to buy it.
The correlation of Archrock is a statistical measure of how it moves in relation to other equities. 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 Archrock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archrock 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 Archrock 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
Please continue to the analysis of Archrock Correlation against competitors. Note that the Archrock information on this page should be used as a complementary analysis to other Archrock's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Archrock's industry 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 Archrock. If investors know Archrock 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 Archrock 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 YOY
0.93
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.1
Return On Assets
0.0313
Return On Equity
0.0378
The market value of Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock'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 Archrock's market value can be influenced by many factors that don't directly affect Archrock'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 Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine Archrock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock'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.