DRI Net Income Per Share from 2010 to 2026
| DHT-UN Stock | CAD 16.77 0.14 0.83% |
Net Loss | First Reported 2010-12-31 | Previous Quarter (0.05) | Current Value (0.05) | Quarterly Volatility 0.51552666 |
Check DRI Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DRI Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 63.3 M, Interest Expense of 42.8 M or Other Operating Expenses of 171.4 M, as well as many indicators such as Price To Sales Ratio of 2.43, Dividend Yield of 0.0524 or PTB Ratio of 0.83. DRI financial statements analysis is a perfect complement when working with DRI Healthcare Valuation or Volatility modules.
DRI | Net Income Per Share |
Analyzing DRI Healthcare's Net Income Per Share over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income Per Share has evolved provides context for assessing DRI Healthcare's current valuation and future prospects.
Latest DRI Healthcare's Net Income Per Share Growth Pattern
Below is the plot of the Net Income Per Share of DRI Healthcare Trust over the last few years. It is DRI Healthcare's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DRI Healthcare's overall financial position and show how it may be relating to other accounts over time.
| Net Income Per Share | 10 Years Trend |
|
Net Income Per Share |
| Timeline |
DRI Net Income Per Share Regression Statistics
| Arithmetic Mean | 0.17 | |
| Geometric Mean | 0 | |
| Coefficient Of Variation | 311.41 | |
| Mean Deviation | 0.29 | |
| Median | (0.0001) | |
| Standard Deviation | 0.52 | |
| Sample Variance | 0.27 | |
| Range | 2.1167 | |
| R-Value | 0.29 | |
| Mean Square Error | 0.26 | |
| R-Squared | 0.09 | |
| Significance | 0.25 | |
| Slope | 0.03 | |
| Total Sum of Squares | 4.25 |
DRI Net Income Per Share History
About DRI Healthcare Financial Statements
DRI Healthcare stakeholders use historical fundamental indicators, such as DRI Healthcare's Net Income Per Share, to determine how well the company is positioned to perform in the future. Although DRI Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in DRI Healthcare's assets and liabilities are reflected in the revenues and expenses on DRI Healthcare's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DRI Healthcare Trust. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Loss | (0.05) | (0.05) |
Pair Trading with DRI Healthcare
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 DRI Healthcare 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 DRI Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against DRI Stock
| 0.58 | MSG | Mithril Silver | PairCorr |
| 0.49 | IVN | Ivanhoe Mines | PairCorr |
| 0.46 | QNC | Quantum eMotion Corp | PairCorr |
| 0.45 | TUF | Honey Badger Silver | PairCorr |
| 0.42 | AUUA | Aluula Composites | PairCorr |
The ability to find closely correlated positions to DRI Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRI Healthcare 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 DRI Healthcare - 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 DRI Healthcare Trust to buy it.
The correlation of DRI Healthcare 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 DRI Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRI Healthcare Trust 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 DRI Healthcare 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.Other Information on Investing in DRI Stock
DRI Healthcare financial ratios help investors to determine whether DRI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DRI with respect to the benefits of owning DRI Healthcare security.