Graftech Return on Average Equity Trend from 2010 to 2022

EAF
 Stock
  

USD 7.09  0.17  2.46%   

Graftech International Return on Average Equity is decreasing over the years with slightly volatile fluctuation. Return on Average Equity is expected to dwindle to -39.37. During the period from 2010 to 2022 Graftech International Return on Average Equity anual values regression line had geometric mean of 0.74 and mean square error of  133.40. Graftech International Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 388.33 Million. The current year Cost of Revenue is expected to grow to about 721.6 M, whereas Operating Expenses is forecasted to decline to about 116.4 M.
  
Check Graftech International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Graftech main balance sheet or income statement drivers, such as Direct Expenses of 767.6 M, Consolidated Income of 416.1 M or Cost of Revenue of 721.6 M, as well as many exotic indicators such as Interest Coverage of 10.43, Long Term Debt to Equity of 42.72 or Calculated Tax Rate of 16.09. Graftech financial statements analysis is a perfect complement when working with Graftech International Valuation or Volatility modules. It can also supplement Graftech International's financial leverage analysis and stock options assessment as well as various Graftech International Technical models . Continue to the analysis of Graftech International Correlation against competitors.

Graftech Return on Average Equity Breakdown

Showing smoothed Return on Average Equity of Graftech International 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].Graftech International's Return on Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Graftech International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (0.0001) %10 Years Trend
Decreasing
Slightly volatile
   Return on Average Equity   
Share
       Timeline  

Graftech Return on Average Equity Regression Statistics

Arithmetic Mean(6.43)
Geometric Mean 0.74
Coefficient Of Variation(223.92)
Mean Deviation 9.98
Median(0.35)
Standard Deviation 14.40
Sample Variance 207.36
Range 39.38
R-Value(0.64)
Mean Square Error 133.40
R-Squared 0.41
Significance 0.018344
Slope(2.37)
Total Sum of Squares 2,488

Graftech Return on Average Equity History

2017 0.014
2018 -1.01
2019 -1.08
2020 -1.32
2021 -38.36
2022 -39.37

About Graftech International Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Graftech International income statement, its balance sheet, and the statement of cash flows. Graftech International investors use historical funamental indicators, such as Graftech International's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Graftech International investors may use each financial statement separately, they are all related. The changes in Graftech International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Graftech International'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 Graftech International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Graftech International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Equity(38.36) (39.37) 
Average Assets1.4 B1.5 B
Average Equity-10.1 M-10.9 M
Invested Capital AverageB2.3 B
GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. GrafTech International Ltd. was founded in 1886 and is headquartered in Brooklyn Heights, Ohio. Graftech International operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 1353 people.

Graftech International Investors Sentiment

The influence of Graftech International'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 Graftech. 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 Graftech International's public news can be used to forecast risks associated with investment in Graftech. The trend in average sentiment can be used to explain how an investor holding Graftech can time the market purely based on public headlines and social activities around Graftech International. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Graftech International'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 Graftech International'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 Graftech International's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Graftech International.

Graftech International Implied Volatility

    
  9.85  
Graftech International's implied volatility exposes the market's sentiment of Graftech International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Graftech International'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 Graftech International stock will not fluctuate a lot when Graftech International'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 Graftech International 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, Graftech International's short interest history, or implied volatility extrapolated from Graftech International options trading.

Pair Trading with Graftech 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 Graftech 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 Graftech International will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Graftech International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Graftech International 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 Graftech International - 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 Graftech International to buy it.
The correlation of Graftech International 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 Graftech International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Graftech International 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 Graftech International 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
Continue to the analysis of Graftech International Correlation against competitors. Note that the Graftech International information on this page should be used as a complementary analysis to other Graftech 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Graftech International'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 Graftech International. If investors know Graftech 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 Graftech International 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
3.18
Market Capitalization
1.8 B
Quarterly Revenue Growth YOY
0.099
Return On Assets
0.27
Return On Equity
0.54
The market value of Graftech International is measured differently than its book value, which is the value of Graftech that is recorded on the company's balance sheet. Investors also form their own opinion of Graftech International's value that differs from its market value or its book value, called intrinsic value, which is Graftech International'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 Graftech International's market value can be influenced by many factors that don't directly affect Graftech International'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 Graftech International's value and its price as these two are different measures arrived at by different means. Investors typically determine Graftech International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graftech International'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.