Karooooo Graham Number from 2010 to 2026
| KARO Stock | USD 47.92 0.64 1.32% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 237.74 | Current Value 129.74 | Quarterly Volatility 64.19954479 |
Check Karooooo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Karooooo's main balance sheet or income statement drivers, such as Tax Provision of 250.5 M, Net Interest Income of 24.8 M or Interest Income of 41.4 M, as well as many indicators such as Price To Sales Ratio of 5.54, Dividend Yield of 0.0168 or PTB Ratio of 10.66. Karooooo financial statements analysis is a perfect complement when working with Karooooo Valuation or Volatility modules.
Karooooo | Graham Number | Build AI portfolio with Karooooo Stock |
Evaluating Karooooo'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 Karooooo's fundamental strength.
Latest Karooooo's Graham Number Growth Pattern
Below is the plot of the Graham Number of Karooooo over the last few years. It is Karooooo's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Karooooo's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
|
Graham Number |
| Timeline |
Karooooo Graham Number Regression Statistics
| Arithmetic Mean | 126.33 | |
| Geometric Mean | 114.05 | |
| Coefficient Of Variation | 50.82 | |
| Mean Deviation | 52.15 | |
| Median | 80.62 | |
| Standard Deviation | 64.20 | |
| Sample Variance | 4,122 | |
| Range | 184 | |
| R-Value | 0.78 | |
| Mean Square Error | 1,689 | |
| R-Squared | 0.62 | |
| Significance | 0.0002 | |
| Slope | 9.98 | |
| Total Sum of Squares | 65,945 |
Karooooo Graham Number History
About Karooooo Financial Statements
Karooooo investors utilize fundamental indicators, such as Graham Number, to predict how Karooooo 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 | 237.74 | 129.74 |
Pair Trading with Karooooo
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 Karooooo 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 Karooooo will appreciate offsetting losses from the drop in the long position's value.Moving against Karooooo Stock
| 0.66 | PD | Pagerduty | PairCorr |
| 0.66 | DOMO | Domo Inc | PairCorr |
| 0.61 | TTD | Trade Desk | PairCorr |
| 0.55 | LPSN | LivePerson | PairCorr |
| 0.55 | PAYC | Paycom Software Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Karooooo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Karooooo 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 Karooooo - 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 Karooooo to buy it.
The correlation of Karooooo 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 Karooooo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Karooooo 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 Karooooo 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 Karooooo Correlation against competitors. To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Will Application Software sector continue expanding? Could Karooooo diversify its offerings? Factors like these will boost the valuation of Karooooo. Expected growth trajectory for Karooooo significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Karooooo data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.113 | Dividend Share 21.716 | Earnings Share 2.05 | Revenue Per Share | Quarterly Revenue Growth 0.216 |
Understanding Karooooo requires distinguishing between market price and book value, where the latter reflects Karooooo's accounting equity. The concept of intrinsic value - what Karooooo's 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 Karooooo's price substantially above or below its fundamental value.
Understanding that Karooooo's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Karooooo represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Karooooo's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.