Better Debt Ratio from 2010 to 2024
| BETR Stock | 15.77 1.46 10.20% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.70770158 | Current Value 0.41 | Quarterly Volatility 0.40146839 |
Check Better Home financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Better Home's main balance sheet or income statement drivers, such as Depreciation And Amortization of 45 M, Interest Expense of 30 M or Selling General Administrative of 74.7 M, as well as many indicators such as Price To Sales Ratio of 248, Dividend Yield of 0.0 or PTB Ratio of 161. Better financial statements analysis is a perfect complement when working with Better Home Valuation or Volatility modules.
Better | Debt Ratio |
Latest Better Home's Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of Better Home Finance over the last few years. It is Better Home's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Better Home's overall financial position and show how it may be relating to other accounts over time.
| Debt Ratio | 10 Years Trend |
|
Debt Ratio |
| Timeline |
Better Debt Ratio Regression Statistics
| Arithmetic Mean | 0.44 | |
| Geometric Mean | 0.18 | |
| Coefficient Of Variation | 91.84 | |
| Mean Deviation | 0.37 | |
| Median | 0.41 | |
| Standard Deviation | 0.40 | |
| Sample Variance | 0.16 | |
| Range | 0.9466 | |
| R-Value | 0.76 | |
| Mean Square Error | 0.07 | |
| R-Squared | 0.57 | |
| Significance | 0 | |
| Slope | 0.07 | |
| Total Sum of Squares | 2.26 |
Better Debt Ratio History
Other Fundumenentals of Better Home Finance
Better Home Debt Ratio component correlations
Click cells to compare fundamentals
About Better Home Financial Statements
Better Home shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Better Home investors may analyze each financial statement separately, they are all interrelated. The changes in Better Home's assets and liabilities, for example, are also reflected in the revenues and expenses on on Better Home's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.71 | 0.41 | |
| Cash Flow To Debt Ratio | (0.25) | (0.24) |
Pair Trading with Better Home
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 Better Home 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 Better Home will appreciate offsetting losses from the drop in the long position's value.Moving against Better Stock
| 0.78 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.76 | LC | LendingClub Corp | PairCorr |
| 0.71 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.71 | SF | Stifel Financial Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.7 | DIST | Distoken Acquisition | PairCorr |
The ability to find closely correlated positions to Better Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Home 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 Better Home - 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 Better Home Finance to buy it.
The correlation of Better Home 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 Better Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Home Finance 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 Better Home 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.Additional Tools for Better Stock Analysis
When running Better Home's price analysis, check to measure Better Home's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Better Home is operating at the current time. Most of Better Home's value examination focuses on studying past and present price action to predict the probability of Better Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Home's price. Additionally, you may evaluate how the addition of Better Home to your portfolios can decrease your overall portfolio volatility.