Forrester Days Of Sales Outstanding from 2010 to 2024
FORR Stock | USD 16.71 0.05 0.30% |
Days Of Sales Outstanding | First Reported 2010-12-31 | Previous Quarter 44.79113064 | Current Value 42.55 | Quarterly Volatility 26.47470551 |
Check Forrester Research financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forrester Research's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.7 M, Interest Expense of 3.2 M or Total Revenue of 269 M, as well as many indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 0.0287 or PTB Ratio of 2.03. Forrester financial statements analysis is a perfect complement when working with Forrester Research Valuation or Volatility modules.
Forrester | Days Of Sales Outstanding |
Latest Forrester Research's Days Of Sales Outstanding Growth Pattern
Below is the plot of the Days Of Sales Outstanding of Forrester Research over the last few years. It is Forrester Research's Days Of Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forrester Research's overall financial position and show how it may be relating to other accounts over time.
Days Of Sales Outstanding | 10 Years Trend |
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Days Of Sales Outstanding |
Timeline |
Forrester Days Of Sales Outstanding Regression Statistics
Arithmetic Mean | 76.32 | |
Geometric Mean | 72.54 | |
Coefficient Of Variation | 34.69 | |
Mean Deviation | 18.61 | |
Median | 68.85 | |
Standard Deviation | 26.47 | |
Sample Variance | 700.91 | |
Range | 105 | |
R-Value | (0.90) | |
Mean Square Error | 149.89 | |
R-Squared | 0.80 | |
Slope | (5.30) | |
Total Sum of Squares | 9,813 |
Forrester Days Of Sales Outstanding History
About Forrester Research Financial Statements
Forrester Research shareholders use historical fundamental indicators, such as Days Of Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Forrester Research investors may analyze each financial statement separately, they are all interrelated. The changes in Forrester Research's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forrester Research'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 | ||
Days Of Sales Outstanding | 44.79 | 42.55 |
Pair Trading with Forrester Research
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 Forrester Research 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 Forrester Research will appreciate offsetting losses from the drop in the long position's value.Moving against Forrester Stock
0.77 | NL | NL Industries | PairCorr |
0.45 | BV | BrightView Holdings | PairCorr |
0.42 | WM | Waste Management | PairCorr |
0.41 | SQ | Block Inc | PairCorr |
0.39 | BR | Broadridge Financial | PairCorr |
The ability to find closely correlated positions to Forrester Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forrester Research 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 Forrester Research - 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 Forrester Research to buy it.
The correlation of Forrester Research 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 Forrester Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forrester Research 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 Forrester Research 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 Forrester Stock Analysis
When running Forrester Research's price analysis, check to measure Forrester Research'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 Forrester Research is operating at the current time. Most of Forrester Research's value examination focuses on studying past and present price action to predict the probability of Forrester Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forrester Research's price. Additionally, you may evaluate how the addition of Forrester Research to your portfolios can decrease your overall portfolio volatility.