AAON Graham Number from 2010 to 2026
| AAON Stock | USD 93.31 2.25 2.47% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 19.53 | Current Value 20.51 | Quarterly Volatility 6.73301652 |
Check AAON financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AAON's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76 M, Interest Expense of 3.5 M or Selling General Administrative of 198.3 M, as well as many indicators such as Price To Sales Ratio of 7.55, Dividend Yield of 0.003 or PTB Ratio of 10.99. AAON financial statements analysis is a perfect complement when working with AAON Valuation or Volatility modules.
AAON | Graham Number | Build AI portfolio with AAON Stock |
Evaluating AAON's Graham Number across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into AAON Inc's fundamental strength.
Latest AAON's Graham Number Growth Pattern
Below is the plot of the Graham Number of AAON Inc over the last few years. It is AAON's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AAON's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
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Graham Number |
| Timeline |
AAON Graham Number Regression Statistics
| Arithmetic Mean | 10.11 | |
| Geometric Mean | 6.99 | |
| Coefficient Of Variation | 66.61 | |
| Mean Deviation | 5.47 | |
| Median | 7.58 | |
| Standard Deviation | 6.73 | |
| Sample Variance | 45.33 | |
| Range | 21.6185 | |
| R-Value | 0.91 | |
| Mean Square Error | 8.55 | |
| R-Squared | 0.82 | |
| Slope | 1.21 | |
| Total Sum of Squares | 725.34 |
AAON Graham Number History
About AAON Financial Statements
AAON investors utilize fundamental indicators, such as Graham Number, to predict how AAON 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 | ||
| Graham Number | 19.53 | 20.51 |
Pair Trading with AAON
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 AAON 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 AAON will appreciate offsetting losses from the drop in the long position's value.Moving together with AAON Stock
| 0.71 | ALLE | Allegion PLC | PairCorr |
| 0.62 | CARR | Carrier Global Corp Earnings Call This Week | PairCorr |
| 0.74 | SIGL | Signal Advance | PairCorr |
Moving against AAON Stock
| 0.66 | ADHI | Arsenal Digital Holdings | PairCorr |
| 0.6 | VFC | VF Corporation | PairCorr |
| 0.55 | ACN | Accenture plc | PairCorr |
| 0.37 | SLF | Sun Life Financial | PairCorr |
| 0.34 | ZLDAF | Zelira Therapeutics | PairCorr |
The ability to find closely correlated positions to AAON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAON 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 AAON - 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 AAON Inc to buy it.
The correlation of AAON 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 AAON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAON Inc 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 AAON 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 AAON Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Will Building Products sector continue expanding? Could AAON diversify its offerings? Factors like these will boost the valuation of AAON. If investors know AAON will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every AAON data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.69) | Dividend Share 0.38 | Earnings Share 1.21 | Revenue Per Share | Quarterly Revenue Growth 0.168 |
Investors evaluate AAON Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating AAON's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause AAON's market price to deviate significantly from intrinsic value.
Understanding that AAON's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether AAON represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, AAON's market price signifies the transaction level at which participants voluntarily complete trades.