Astronics Net Receivables from 2010 to 2026
| ATRO Stock | USD 80.40 3.10 4.01% |
Net Receivables | First Reported 1985-12-31 | Previous Quarter 187.3 M | Current Value 188.6 M | Quarterly Volatility 61.6 M |
Check Astronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.5 M, Interest Expense of 26.6 M or Selling General Administrative of 171.3 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.22 or PTB Ratio of 1.84. Astronics financial statements analysis is a perfect complement when working with Astronics Valuation or Volatility modules.
Astronics | Net Receivables | Build AI portfolio with Astronics Stock |
Evaluating Astronics's Net Receivables 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 Astronics's fundamental strength.
Latest Astronics' Net Receivables Growth Pattern
Below is the plot of the Net Receivables of Astronics over the last few years. It is Astronics' Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Astronics' overall financial position and show how it may be relating to other accounts over time.
| Net Receivables | 10 Years Trend |
|
Net Receivables |
| Timeline |
Astronics Net Receivables Regression Statistics
| Arithmetic Mean | 121,380,938 | |
| Geometric Mean | 89,005,758 | |
| Coefficient Of Variation | 53.91 | |
| Mean Deviation | 53,478,758 | |
| Median | 109,415,000 | |
| Standard Deviation | 65,431,609 | |
| Sample Variance | 4281.3T | |
| Range | 229.5M | |
| R-Value | 0.91 | |
| Mean Square Error | 780.6T | |
| R-Squared | 0.83 | |
| Slope | 11,798,124 | |
| Total Sum of Squares | 68500.7T |
Astronics Net Receivables History
About Astronics Financial Statements
Astronics investors utilize fundamental indicators, such as Net Receivables, to predict how Astronics 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 | ||
| Net Receivables | 220.2 M | 231.2 M |
Pair Trading with Astronics
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 Astronics 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 Astronics will appreciate offsetting losses from the drop in the long position's value.Moving together with Astronics Stock
| 0.89 | BA | Boeing | PairCorr |
| 0.8 | GD | General Dynamics | PairCorr |
| 0.79 | VOYG | Voyager Technologies | PairCorr |
| 0.97 | AIR | AAR Corp | PairCorr |
| 0.75 | FLY | Firefly Aerospace Common Buyout Trend | PairCorr |
Moving against Astronics Stock
| 0.88 | PBCRY | Bank Central Asia | PairCorr |
| 0.41 | PBCRF | PT Bank Central | PairCorr |
| 0.34 | NVNIW | Nvni Group Limited | PairCorr |
The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics 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 Astronics - 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 Astronics to buy it.
The correlation of Astronics 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 Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics 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 Astronics 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 Astronics Correlation against competitors. To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Aerospace & Defense sector continue expanding? Could Astronics diversify its offerings? Factors like these will boost the valuation of Astronics. If investors know Astronics will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Astronics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.07) | Earnings Share (0.09) | Revenue Per Share | Quarterly Revenue Growth 0.038 | Return On Assets |
Understanding Astronics requires distinguishing between market price and book value, where the latter reflects Astronics's accounting equity. The concept of intrinsic value - what Astronics' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Astronics' price substantially above or below its fundamental value.
Understanding that Astronics' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Astronics represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Astronics' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.