Garmin Operating Cycle from 2010 to 2026
| GRMN Stock | USD 204.48 0.32 0.16% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 250.09 | Current Value 173.01 | Quarterly Volatility 41.15327372 |
Check Garmin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Garmin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 217 M, Interest Expense of 31.4 M or Total Revenue of 7.6 B, as well as many indicators such as Price To Sales Ratio of 5.42, Dividend Yield of 0.0206 or PTB Ratio of 4.84. Garmin financial statements analysis is a perfect complement when working with Garmin Valuation or Volatility modules.
Garmin | Operating Cycle | Build AI portfolio with Garmin Stock |
Latest Garmin's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Garmin over the last few years. It is Garmin's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Garmin's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
Garmin Operating Cycle Regression Statistics
| Arithmetic Mean | 231.63 | |
| Geometric Mean | 228.29 | |
| Coefficient Of Variation | 17.77 | |
| Mean Deviation | 34.99 | |
| Median | 214.77 | |
| Standard Deviation | 41.15 | |
| Sample Variance | 1,694 | |
| Range | 146 | |
| R-Value | 0.42 | |
| Mean Square Error | 1,486 | |
| R-Squared | 0.18 | |
| Significance | 0.09 | |
| Slope | 3.43 | |
| Total Sum of Squares | 27,097 |
Garmin Operating Cycle History
About Garmin Financial Statements
Garmin investors utilize fundamental indicators, such as Operating Cycle, to predict how Garmin 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 | ||
| Operating Cycle | 250.09 | 173.01 |
Pair Trading with Garmin
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 Garmin 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 Garmin will appreciate offsetting losses from the drop in the long position's value.Moving against Garmin Stock
The ability to find closely correlated positions to Garmin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garmin 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 Garmin - 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 Garmin to buy it.
The correlation of Garmin 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 Garmin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garmin 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 Garmin 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 Garmin Correlation against competitors. To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Will Consumer Electronics sector continue expanding? Could Garmin diversify its offerings? Factors like these will boost the valuation of Garmin. Market participants price Garmin higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Garmin data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.005 | Dividend Share 3.6 | Earnings Share 8.12 | Revenue Per Share | Quarterly Revenue Growth 0.117 |
Garmin's market price often diverges from its book value, the accounting figure shown on Garmin's balance sheet. Smart investors calculate Garmin's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Garmin's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.