Equity Other Operating Expenses from 2010 to 2024

EQR Stock  USD 75.79  0.74  0.99%   
Equity Residential Other Operating Expenses yearly trend continues to be relatively stable with very little volatility. Other Operating Expenses is likely to grow to about 1.4 B this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
1993-09-30
Previous Quarter
500.7 M
Current Value
120.3 M
Quarterly Volatility
225.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Equity Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equity Residential's main balance sheet or income statement drivers, such as Depreciation And Amortization of 720.6 M, Interest Expense of 446.5 M or Selling General Administrative of 45.7 M, as well as many indicators such as Price To Sales Ratio of 5.21, Dividend Yield of 0.0636 or PTB Ratio of 1.58. Equity financial statements analysis is a perfect complement when working with Equity Residential Valuation or Volatility modules.
  
Check out the analysis of Equity Residential Correlation against competitors.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.

Latest Equity Residential's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Equity Residential over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Equity Residential. It is also known as Equity Residential overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Equity Residential's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Equity Residential's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Pretty Stable
   Other Operating Expenses   
       Timeline  

Equity Other Operating Expenses Regression Statistics

Arithmetic Mean1,508,952,661
Geometric Mean1,283,620,492
Coefficient Of Variation32.57
Mean Deviation329,500,318
Median1,693,373,000
Standard Deviation491,513,967
Sample Variance241586T
Range1.9B
R-Value0.26
Mean Square Error242367.2T
R-Squared0.07
Significance0.35
Slope28,749,559
Total Sum of Squares3382203.7T

Equity Other Operating Expenses History

20241.4 B
2023755.4 M
20221.9 B
20211.8 B
20201.8 B
20191.8 B
20181.7 B

About Equity Residential Financial Statements

Equity Residential shareholders use historical fundamental indicators, such as Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Equity Residential investors may analyze each financial statement separately, they are all interrelated. The changes in Equity Residential's assets and liabilities, for example, are also reflected in the revenues and expenses on on Equity Residential's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Operating Expenses755.4 M1.4 B

Pair Trading with Equity Residential

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 Equity Residential 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 Equity Residential will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential 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 Equity Residential - 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 Equity Residential to buy it.
The correlation of Equity Residential 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 Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential 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 Equity Residential 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.
Pair CorrelationCorrelation Matching

Additional Tools for Equity Stock Analysis

When running Equity Residential's price analysis, check to measure Equity Residential'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 Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.