ACORN Return on Average Equity Trend from 2010 to 2022

ACORN INTERNATIONAL Return on Average Equity yearly trend continues to be fairly stable with very little volatility. Return on Average Equity is likely to outpace its year average in 2022. During the period from 2010 to 2022, ACORN INTERNATIONAL Return on Average Equity regression line of quarterly data had r-squared of 0.34 and coefficient of variation of  2,264. ACORN INTERNATIONAL Operating Income is fairly stable at the moment as compared to the past year. ACORN INTERNATIONAL reported Operating Income of 6.38 Million in 2021. Revenues is likely to climb to about 34.6 M in 2022, whereas Net Income to Non Controlling Interests is likely to drop (7.2 K) in 2022.
  
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Check ACORN INTERNATIONAL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ACORN main balance sheet or income statement drivers, such as Consolidated Income of 12.2 M, Cost of Revenue of 9.7 M or Earning Before Interest and Taxes EBIT of 9.8 M, as well as many exotic indicators such as Asset Turnover of 0.48, Book Value per Share of 26.02 or Current Ratio of 3.18. ACORN financial statements analysis is a perfect complement when working with ACORN INTERNATIONAL Valuation or Volatility modules. It can also supplement various ACORN INTERNATIONAL Technical models. Check out Trending Equities.

ACORN Return on Average Equity Breakdown

Showing smoothed Return on Average Equity of ACORN INTERNATIONAL INC with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].ACORN INTERNATIONAL's Return on Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ACORN INTERNATIONAL's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 15.89 %10 Years Trend
Increasing
Slightly volatile
 Return on Average Equity 
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      Timeline 

ACORN Return on Average Equity Regression Statistics

Arithmetic Mean 0.009745
Coefficient Of Variation 2,264
Mean Deviation 0.17
Median 0.027
Standard Deviation 0.22
Sample Variance 0.048662
Range 0.78
R-Value 0.59
Mean Square Error 0.034851
R-Squared 0.34
Significance 0.035289
Slope 0.033198
Total Sum of Squares 0.58

ACORN Return on Average Equity History

2011 0.027
2012 -0.095
2013 -0.25
2014 -0.39
2015 -0.3
2016 0.025
2017 0.13
2018 0.39
2019 0.14
2021 0.16
2022 0.17

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Our tools can tell you how much better you can do entering a position in ACORN INTERNATIONAL without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with ACORN INTERNATIONAL

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

ACORN INTERNATIONAL Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Darden Restaurants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Darden Restaurants 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 Darden Restaurants - 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 Darden Restaurants to buy it.
The correlation of Darden Restaurants 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 Darden Restaurants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Darden Restaurants 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 Darden Restaurants 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
Check out Trending Equities. Note that the ACORN INTERNATIONAL INC information on this page should be used as a complementary analysis to other ACORN INTERNATIONAL'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Tools for ACORN Stock

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