Dallasnews Inventory Turnover from 2010 to 2024
DALN Stock | USD 5.60 0.25 4.67% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 39.79326425 | Current Value 25.86 | Quarterly Volatility 8.96277565 |
Check Dallasnews Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dallasnews Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 612.9 K or Total Revenue of 132.7 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.14 or PTB Ratio of 8.07. Dallasnews financial statements analysis is a perfect complement when working with Dallasnews Corp Valuation or Volatility modules.
Dallasnews | Inventory Turnover |
Latest Dallasnews Corp's Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of Dallasnews Corp over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Dallasnews Corp's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dallasnews Corp's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover | 10 Years Trend |
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Inventory Turnover |
Timeline |
Dallasnews Inventory Turnover Regression Statistics
Arithmetic Mean | 33.53 | |
Geometric Mean | 32.33 | |
Coefficient Of Variation | 26.73 | |
Mean Deviation | 7.89 | |
Median | 32.91 | |
Standard Deviation | 8.96 | |
Sample Variance | 80.33 | |
Range | 27.0041 | |
R-Value | 0.53 | |
Mean Square Error | 62.38 | |
R-Squared | 0.28 | |
Significance | 0.04 | |
Slope | 1.06 | |
Total Sum of Squares | 1,125 |
Dallasnews Inventory Turnover History
About Dallasnews Corp Financial Statements
Dallasnews Corp investors utilize fundamental indicators, such as Inventory Turnover, to predict how Dallasnews 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 | ||
Inventory Turnover | 39.79 | 25.86 |
Pair Trading with Dallasnews Corp
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 Dallasnews Corp 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 Dallasnews Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Dallasnews Stock
The ability to find closely correlated positions to Dallasnews Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dallasnews Corp 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 Dallasnews Corp - 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 Dallasnews Corp to buy it.
The correlation of Dallasnews Corp 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 Dallasnews Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dallasnews Corp 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 Dallasnews Corp 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 Dallasnews Corp Correlation against competitors. To learn how to invest in Dallasnews Stock, please use our How to Invest in Dallasnews Corp guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Publishing 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 Dallasnews Corp. If investors know Dallasnews 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 Dallasnews Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.13) | Revenue Per Share 24.595 | Quarterly Revenue Growth (0.11) | Return On Assets (0.0004) | Return On Equity (0.68) |
The market value of Dallasnews Corp is measured differently than its book value, which is the value of Dallasnews that is recorded on the company's balance sheet. Investors also form their own opinion of Dallasnews Corp's value that differs from its market value or its book value, called intrinsic value, which is Dallasnews Corp'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 Dallasnews Corp's market value can be influenced by many factors that don't directly affect Dallasnews Corp'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 Dallasnews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dallasnews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dallasnews Corp'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.