AMREP Property Plant Equipment from 2010 to 2024

AXR Stock  USD 37.20  0.34  0.92%   
AMREP Property Plant Equipment yearly trend continues to be relatively stable with very little volatility. Property Plant Equipment is likely to grow to about 15.3 M this year. During the period from 2010 to 2024, AMREP Property Plant Equipment destribution of quarterly values had range of 24.5 M from its regression line and mean deviation of  4,759,176. View All Fundamentals
 
Property Plant Equipment  
First Reported
2000-01-31
Previous Quarter
17.9 M
Current Value
1.5 M
Quarterly Volatility
8.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AMREP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AMREP's main balance sheet or income statement drivers, such as Interest Expense of 48.7 K, Total Revenue of 76.6 M or Gross Profit of 13.7 M, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0239 or PTB Ratio of 0.99. AMREP financial statements analysis is a perfect complement when working with AMREP Valuation or Volatility modules.
  
Check out the analysis of AMREP Correlation against competitors.
To learn how to invest in AMREP Stock, please use our How to Invest in AMREP guide.

Latest AMREP's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of AMREP over the last few years. It is AMREP's Property Plant Equipment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AMREP's overall financial position and show how it may be relating to other accounts over time.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

AMREP Property Plant Equipment Regression Statistics

Arithmetic Mean15,586,311
Geometric Mean13,489,635
Coefficient Of Variation41.16
Mean Deviation4,759,176
Median15,316,366
Standard Deviation6,415,358
Sample Variance41.2T
Range24.5M
R-Value(0.59)
Mean Square Error29.1T
R-Squared0.34
Significance0.02
Slope(840,520)
Total Sum of Squares576.2T

AMREP Property Plant Equipment History

202415.3 M
202312.4 M
202213.7 M
20211.4 M
202013.6 M
201918.6 M
201817.2 M

About AMREP Financial Statements

AMREP shareholders use historical fundamental indicators, such as Property Plant Equipment, to determine how well the company is positioned to perform in the future. Although AMREP investors may analyze each financial statement separately, they are all interrelated. The changes in AMREP's assets and liabilities, for example, are also reflected in the revenues and expenses on on AMREP's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Property Plant Equipment12.4 M15.3 M

Pair Trading with AMREP

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

Moving together with AMREP Stock

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Moving against AMREP Stock

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  0.45MMS MaximusPairCorr
The ability to find closely correlated positions to AMREP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMREP 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 AMREP - 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 AMREP to buy it.
The correlation of AMREP 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 AMREP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMREP 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 AMREP 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

Additional Tools for AMREP Stock Analysis

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