Forestar Depreciation And Amortization from 2010 to 2024

FOR Stock  USD 28.77  0.14  0.48%   
Forestar Depreciation And Amortization yearly trend continues to be relatively stable with very little volatility. Depreciation And Amortization is likely to drop to about 3.3 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2007-03-31
Previous Quarter
600 K
Current Value
900 K
Quarterly Volatility
3.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forestar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forestar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Interest Expense of 1.1 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 8.11, Dividend Yield of 0.0277 or PTB Ratio of 1.53. Forestar financial statements analysis is a perfect complement when working with Forestar Valuation or Volatility modules.
  
Check out the analysis of Forestar Correlation against competitors.

Latest Forestar's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Forestar Group over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Forestar's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forestar's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Forestar Depreciation And Amortization Regression Statistics

Arithmetic Mean232,066,100
Coefficient Of Variation197.46
Mean Deviation348,146,893
Median11,447,000
Standard Deviation458,241,002
Sample Variance209984.8T
Range1.3B
R-Value0.34
Mean Square Error199626.8T
R-Squared0.12
Significance0.21
Slope35,083,495
Total Sum of Squares2939787.4T

Forestar Depreciation And Amortization History

20243.3 M
20233.5 M
2022M
20211.3 B
20201.2 B
2019859.3 M
20186.7 M

About Forestar Financial Statements

Forestar shareholders use historical fundamental indicators, such as Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Forestar investors may analyze each financial statement separately, they are all interrelated. The changes in Forestar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forestar'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
Depreciation And Amortization3.5 M3.3 M

Pair Trading with Forestar

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 Forestar 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 Forestar will appreciate offsetting losses from the drop in the long position's value.

Moving together with Forestar Stock

  0.64CKX CKX LandsPairCorr

Moving against Forestar Stock

  0.36CBL CBL Associates PropertiesPairCorr
The ability to find closely correlated positions to Forestar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forestar 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 Forestar - 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 Forestar Group to buy it.
The correlation of Forestar 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 Forestar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forestar Group 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 Forestar 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 Forestar Stock Analysis

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