Caterpillar Financial Statements From 2010 to 2026
| CATR Stock | 54.99 0.69 1.24% |
Gross Profit 19.5 B | Profit Margin | Market Capitalization 500.5 B | Enterprise Value Revenue 5.8539 | Revenue |
Check Caterpillar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caterpillar's main balance sheet or income statement drivers, such as , as well as many indicators such as . Caterpillar financial statements analysis is a perfect complement when working with Caterpillar Valuation or Volatility modules.
Caterpillar |
Pair Trading with Caterpillar
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 Caterpillar 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 Caterpillar will appreciate offsetting losses from the drop in the long position's value.Moving together with Caterpillar Stock
Moving against Caterpillar Stock
| 0.8 | DLC | DLC Holdings Corp | PairCorr |
| 0.39 | VRY | Petro Victory Energy | PairCorr |
| 0.35 | QYOU | Qyou Media Split | PairCorr |
The ability to find closely correlated positions to Caterpillar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caterpillar 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 Caterpillar - 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 Caterpillar to buy it.
The correlation of Caterpillar 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 Caterpillar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caterpillar 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 Caterpillar 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 Caterpillar Correlation against competitors. For information on how to trade Caterpillar Stock refer to our How to Trade Caterpillar Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.