Tractor Operating Cycle from 2010 to 2026
| TSCO Stock | USD 50.94 4.20 7.62% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 119.14 | Current Value 131.12 | Quarterly Volatility 8.2151424 |
Check Tractor Supply financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tractor Supply's main balance sheet or income statement drivers, such as Depreciation And Amortization of 539.9 M, Interest Expense of 65.9 M or Total Revenue of 18 B, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0181 or PTB Ratio of 10.31. Tractor financial statements analysis is a perfect complement when working with Tractor Supply Valuation or Volatility modules.
Tractor | Operating Cycle | Build AI portfolio with Tractor Stock |
Latest Tractor Supply's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Tractor Supply over the last few years. It is Tractor Supply's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tractor Supply's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
|
Operating Cycle |
| Timeline |
Tractor Operating Cycle Regression Statistics
| Arithmetic Mean | 108.90 | |
| Geometric Mean | 108.62 | |
| Coefficient Of Variation | 7.54 | |
| Mean Deviation | 5.69 | |
| Median | 107.31 | |
| Standard Deviation | 8.22 | |
| Sample Variance | 67.49 | |
| Range | 36.221 | |
| R-Value | 0.20 | |
| Mean Square Error | 69.24 | |
| R-Squared | 0.04 | |
| Significance | 0.45 | |
| Slope | 0.32 | |
| Total Sum of Squares | 1,080 |
Tractor Operating Cycle History
About Tractor Supply Financial Statements
Tractor Supply investors utilize fundamental indicators, such as Operating Cycle, to predict how Tractor 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 | 119.14 | 131.12 |
Pair Trading with Tractor Supply
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 Tractor Supply 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 Tractor Supply will appreciate offsetting losses from the drop in the long position's value.Moving against Tractor Stock
| 0.51 | RUM | Rocky Mountain Liquor | PairCorr |
| 0.5 | BBW | Build A Bear | PairCorr |
| 0.44 | ASO | Academy Sports Outdoors | PairCorr |
The ability to find closely correlated positions to Tractor Supply could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tractor Supply 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 Tractor Supply - 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 Tractor Supply to buy it.
The correlation of Tractor Supply 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 Tractor Supply moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tractor Supply 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 Tractor Supply 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 Tractor Supply Correlation against competitors. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Other Specialty Retail sector continue expanding? Could Tractor diversify its offerings? Factors like these will boost the valuation of Tractor Supply. If investors know Tractor will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tractor Supply data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.088 | Dividend Share 0.91 | Earnings Share 2.07 | Revenue Per Share | Quarterly Revenue Growth 0.072 |
Understanding Tractor Supply requires distinguishing between market price and book value, where the latter reflects Tractor's accounting equity. The concept of intrinsic value—what Tractor Supply'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 Tractor Supply's price substantially above or below its fundamental value.
Please note, there is a significant difference between Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Tractor Supply's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.