Danimer Return On Equity from 2010 to 2024
| DNMR Stock | USD 5.06 0.65 11.38% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.56) | Current Value (0.59) | Quarterly Volatility 0.35187932 |
Check Danimer Scientific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Danimer Scientific's main balance sheet or income statement drivers, such as Interest Expense of 135.5 M, Income Tax Expense of 334.9 K or Tax Provision of 287.7 K, as well as many indicators such as Price To Sales Ratio of 84.69, Dividend Yield of 0.0 or PTB Ratio of 14.22. Danimer financial statements analysis is a perfect complement when working with Danimer Scientific Valuation or Volatility modules.
Danimer | Return On Equity |
Latest Danimer Scientific's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Danimer Scientific over the last few years. Return on Equity is the amount of Danimer Scientific net income returned as a percentage of Danimer Scientific equity. Return on equity measures Danimer Scientific profitability by revealing how much profit Danimer Scientific generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Danimer Scientific's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Danimer Scientific's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.46 | 10 Years Trend |
|
Return On Equity |
| Timeline |
Danimer Return On Equity Regression Statistics
| Arithmetic Mean | (0.19) | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | (182.77) | |
| Mean Deviation | 0.27 | |
| Median | 0.01 | |
| Standard Deviation | 0.35 | |
| Sample Variance | 0.12 | |
| Range | 1.1849 | |
| R-Value | (0.59) | |
| Mean Square Error | 0.09 | |
| R-Squared | 0.35 | |
| Significance | 0.02 | |
| Slope | (0.05) | |
| Total Sum of Squares | 1.73 |
Danimer Return On Equity History
About Danimer Scientific Financial Statements
Danimer Scientific shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Danimer Scientific investors may analyze each financial statement separately, they are all interrelated. The changes in Danimer Scientific's assets and liabilities, for example, are also reflected in the revenues and expenses on on Danimer Scientific'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 | ||
| Return On Equity | (0.56) | (0.59) |
Pair Trading with Danimer Scientific
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 Danimer Scientific 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 Danimer Scientific will appreciate offsetting losses from the drop in the long position's value.Moving against Danimer Stock
The ability to find closely correlated positions to Danimer Scientific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danimer Scientific 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 Danimer Scientific - 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 Danimer Scientific to buy it.
The correlation of Danimer Scientific 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 Danimer Scientific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danimer Scientific 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 Danimer Scientific 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 Danimer Stock Analysis
When running Danimer Scientific's price analysis, check to measure Danimer Scientific'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 Danimer Scientific is operating at the current time. Most of Danimer Scientific's value examination focuses on studying past and present price action to predict the probability of Danimer Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danimer Scientific's price. Additionally, you may evaluate how the addition of Danimer Scientific to your portfolios can decrease your overall portfolio volatility.