ArcBest Competitors
| ARCB Stock | USD 104.40 2.81 2.77% |
ArcBest Corp vs Hertz Global Correlation
Good diversification
The correlation between ArcBest Corp and HTZ is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ArcBest Corp and HTZ in the same portfolio, assuming nothing else is changed.
Moving together with ArcBest Stock
| 0.91 | R | Ryder System | PairCorr |
| 0.93 | WERN | Werner Enterprises | PairCorr |
| 0.93 | KNX | Knight Transportation | PairCorr |
| 0.77 | NMM | Navios Maritime Partners | PairCorr |
Moving against ArcBest Stock
| 0.68 | RVSNW | Rail Vision | PairCorr |
| 0.57 | YGMZ | Mingzhu Logistics | PairCorr |
| 0.56 | HTZWW | Hertz Global Hldgs | PairCorr |
| 0.48 | CRGOW | Freightos Limited | PairCorr |
| 0.35 | HXHX | Haoxin Holdings | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ArcBest Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ArcBest Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ArcBest Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of ArcBest and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ArcBest Corp does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ArcBest Stock performing well and ArcBest Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ArcBest Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WERN | 1.89 | 0.37 | 0.16 | 0.36 | 1.94 | 5.35 | 14.43 | |||
| ENR | 2.44 | (0.09) | (0.01) | 0.01 | 4.01 | 5.32 | 20.77 | |||
| DAC | 0.92 | 0.20 | 0.15 | 0.77 | 0.85 | 2.44 | 5.60 | |||
| CDLR | 2.05 | 0.51 | 0.23 | 0.48 | 1.87 | 5.39 | 11.93 | |||
| KMT | 1.56 | 0.51 | 0.41 | 0.40 | 0.83 | 5.00 | 10.73 | |||
| PBI | 1.32 | 0.11 | 0.06 | 0.18 | 1.54 | 2.65 | 9.16 | |||
| CMRE | 1.50 | 0.27 | 0.12 | 0.55 | 1.79 | 3.17 | 10.48 | |||
| ROCK | 2.29 | (0.22) | 0.00 | (0.06) | 0.00 | 5.00 | 20.56 | |||
| ICFI | 1.70 | (0.15) | 0.00 | (0.10) | 0.00 | 4.00 | 15.36 | |||
| HTZ | 2.68 | (0.43) | 0.00 | (0.12) | 0.00 | 7.09 | 16.82 |
Cross Equities Net Income Analysis
Compare ArcBest Corp and related stocks such as Werner Enterprises, Energizer Holdings, and Danaos Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WERN | 5.7 M | 102.8 M | 103 M | 86.8 M | 98.7 M | 123.7 M | 79.1 M | 202.9 M | 168.1 M | 166.9 M | 169.1 M | 259.1 M | 241.3 M | 112.4 M | 34.2 M | (14.4 M) | (13.7 M) |
| ENR | 187 M | 187 M | 114.9 M | 157.3 M | (4 M) | 127.7 M | 201.5 M | 93.5 M | 51.1 M | 48.3 M | 160.9 M | (231.5 M) | 140.5 M | 38.1 M | 239 M | 215.1 M | 225.9 M |
| DAC | 59.9 M | 13.4 M | (105.2 M) | 37.5 M | (3.9 M) | 117 M | (366.2 M) | 83.9 M | (32.9 M) | 57 M | 153.6 M | 1.1 B | 559.2 M | 576.3 M | 505.1 M | 494.6 M | 519.3 M |
| CDLR | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | (6.4 M) | 919 K | (23.8 M) | (27 M) | 7.5 M | 35.5 M | 11.5 M | 65.1 M | 74.8 M | 78.6 M |
| KMT | 600 K | 307.2 M | 203.3 M | 158.4 M | (373.9 M) | (226 M) | 49.1 M | 200.2 M | 241.9 M | (5.7 M) | 54.4 M | 144.6 M | 118.5 M | 109.3 M | 93.1 M | 107.1 M | 66.2 M |
| PBI | 150.4 M | 617.5 M | 445.2 M | 142.8 M | 333.8 M | 407.9 M | 111.8 M | 261.3 M | 181.2 M | 13.3 M | (190.5 M) | 3.5 M | 36.9 M | (385.6 M) | 10.2 M | 9.2 M | 8.8 M |
| CMRE | 99.8 M | 87.6 M | 81.1 M | 103.1 M | 115.1 M | 143.8 M | 81.7 M | 72.9 M | 67.2 M | 99 M | 8.9 M | 435.1 M | 555 M | 385.7 M | 319.9 M | 367.9 M | 184.7 M |
| ROCK | 5.2 M | 16.5 M | 12.6 M | (5.6 M) | (81.8 M) | 23.4 M | 33.7 M | 62.6 M | 63.8 M | 65.1 M | 64.6 M | 75.6 M | 82.4 M | 110.5 M | 137.3 M | 157.9 M | 165.8 M |
| ICFI | (848 K) | 34.9 M | 38.1 M | 39.3 M | 40 M | 39.4 M | 46.6 M | 62.9 M | 61.4 M | 68.9 M | 55 M | 71.1 M | 64.2 M | 82.6 M | 110.2 M | 126.7 M | 133 M |
| HTZ | 23.3 M | 176.2 M | 243.1 M | 302 M | (82 M) | 273 M | (491 M) | 327 M | (225 M) | (58 M) | (1.7 B) | 366 M | 2.1 B | 616 M | (2.9 B) | (2.6 B) | (2.4 B) |
ArcBest Corp and related stocks such as Werner Enterprises, Energizer Holdings, and Danaos Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in ArcBest Corp financial statement analysis. It represents the amount of money remaining after all of ArcBest Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.ArcBest Corp Competitive Analysis
The better you understand ArcBest Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ArcBest Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ArcBest Corp's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
ArcBest Corp Competition Performance Charts
Five steps to successful analysis of ArcBest Corp Competition
ArcBest Corp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ArcBest Corp in relation to its competition. ArcBest Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ArcBest Corp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ArcBest Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ArcBest Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out ArcBest Corp Correlation with its peers. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Cargo Ground Transportation 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 ArcBest Corp. If investors know ArcBest 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. Comprehensive ArcBest Corp assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.59) | Dividend Share 0.48 | Earnings Share 2.62 | Revenue Per Share | Quarterly Revenue Growth (0.03) |
Understanding ArcBest Corp requires distinguishing between market price and book value, where the latter reflects ArcBest's accounting equity. The concept of intrinsic value - what ArcBest Corp's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push ArcBest Corp's price substantially above or below its fundamental value.
Understanding that ArcBest Corp's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether ArcBest Corp represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, ArcBest Corp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.