Daily Current Deferred Revenue from 2010 to 2024
DJCO Stock | USD 577.48 3.49 0.60% |
Current Deferred Revenue | First Reported 2001-03-31 | Previous Quarter 21.6 M | Current Value 25.5 M | Quarterly Volatility 5.1 M |
Check Daily Journal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Daily Journal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 304.8 K, Interest Expense of 4.7 M or Total Revenue of 81.8 M, as well as many indicators such as Price To Sales Ratio of 5.65, Dividend Yield of 0.0098 or PTB Ratio of 2.21. Daily financial statements analysis is a perfect complement when working with Daily Journal Valuation or Volatility modules.
Daily | Current Deferred Revenue |
Latest Daily Journal's Current Deferred Revenue Growth Pattern
Below is the plot of the Current Deferred Revenue of Daily Journal Corp over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Daily Journal's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Daily Journal's overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue | 10 Years Trend |
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Current Deferred Revenue |
Timeline |
Daily Current Deferred Revenue Regression Statistics
Arithmetic Mean | 5,377,595 | |
Geometric Mean | 4,210,470 | |
Coefficient Of Variation | 43.58 | |
Mean Deviation | 1,691,153 | |
Median | 5,498,000 | |
Standard Deviation | 2,343,503 | |
Sample Variance | 5.5T | |
Range | 8.8M | |
R-Value | (0.42) | |
Mean Square Error | 4.9T | |
R-Squared | 0.18 | |
Significance | 0.12 | |
Slope | (219,220) | |
Total Sum of Squares | 76.9T |
Daily Current Deferred Revenue History
About Daily Journal Financial Statements
Daily Journal investors utilize fundamental indicators, such as Current Deferred Revenue, to predict how Daily 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 | ||
Current Deferred Revenue | 5.2 M | 4.6 M |
Pair Trading with Daily Journal
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 Daily Journal 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 Daily Journal will appreciate offsetting losses from the drop in the long position's value.Moving together with Daily Stock
Moving against Daily Stock
The ability to find closely correlated positions to Daily Journal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daily Journal 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 Daily Journal - 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 Daily Journal Corp to buy it.
The correlation of Daily Journal 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 Daily Journal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daily Journal 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 Daily Journal 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 Daily Journal Correlation against competitors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 Daily Journal. If investors know Daily 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 Daily Journal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 33.498 | Earnings Share 32.63 | Revenue Per Share 52.002 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0136 |
The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal'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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal'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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal'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.