Rivian Graham Net Net from 2010 to 2024
| RIVN Stock | USD 10.24 0.22 2.20% |
Graham Net Net | First Reported 2010-12-31 | Previous Quarter 3.33870116 | Current Value 4.06 | Quarterly Volatility 5.28704052 |
Check Rivian Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rivian Automotive's main balance sheet or income statement drivers, such as Tax Provision of 1.8 M, Net Interest Income of 325.5 M or Interest Income of 514.5 M, as well as many indicators such as Price To Sales Ratio of 4.76, Dividend Yield of 0.0 or PTB Ratio of 2.55. Rivian financial statements analysis is a perfect complement when working with Rivian Automotive Valuation or Volatility modules.
Rivian | Graham Net Net |
Latest Rivian Automotive's Graham Net Net Growth Pattern
Below is the plot of the Graham Net Net of Rivian Automotive over the last few years. It is Rivian Automotive's Graham Net Net historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rivian Automotive's overall financial position and show how it may be relating to other accounts over time.
| Graham Net Net | 10 Years Trend |
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Graham Net Net |
| Timeline |
Rivian Graham Net Net Regression Statistics
| Arithmetic Mean | 1.47 | |
| Coefficient Of Variation | 359.81 | |
| Mean Deviation | 3.70 | |
| Median | (0.83) | |
| Standard Deviation | 5.29 | |
| Sample Variance | 27.95 | |
| Range | 20.5655 | |
| R-Value | 0.52 | |
| Mean Square Error | 21.87 | |
| R-Squared | 0.27 | |
| Significance | 0.05 | |
| Slope | 0.62 | |
| Total Sum of Squares | 391.34 |
Rivian Graham Net Net History
About Rivian Automotive Financial Statements
Rivian Automotive investors utilize fundamental indicators, such as Graham Net Net, to predict how Rivian 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 Net Net | 3.34 | 4.06 |
Pair Trading with Rivian Automotive
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 Rivian Automotive 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 Rivian Automotive will appreciate offsetting losses from the drop in the long position's value.Moving against Rivian Stock
| 0.78 | ZK | ZEEKR Intelligent | PairCorr |
| 0.77 | LI | Li Auto | PairCorr |
| 0.58 | BWA | BorgWarner | PairCorr |
| 0.46 | DORM | Dorman Products | PairCorr |
| 0.42 | GM | General Motors Aggressive Push | PairCorr |
The ability to find closely correlated positions to Rivian Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rivian Automotive 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 Rivian Automotive - 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 Rivian Automotive to buy it.
The correlation of Rivian Automotive 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 Rivian Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rivian Automotive 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 Rivian Automotive 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 Rivian Automotive Correlation against competitors. To learn how to invest in Rivian Stock, please use our How to Invest in Rivian Automotive guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rivian Automotive. If investors know Rivian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rivian Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.60) | Revenue Per Share 4.602 | Quarterly Revenue Growth (0.35) | Return On Assets (0.23) | Return On Equity (0.67) |
The market value of Rivian Automotive is measured differently than its book value, which is the value of Rivian that is recorded on the company's balance sheet. Investors also form their own opinion of Rivian Automotive's value that differs from its market value or its book value, called intrinsic value, which is Rivian Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rivian Automotive's market value can be influenced by many factors that don't directly affect Rivian Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rivian Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rivian Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rivian Automotive'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.