Hometown Average Inventory from 2010 to 2026
| HWIN Stock | USD 0.0001 0.00 0.00% |
Average Inventory | First Reported 2010-12-31 | Previous Quarter 1.9 K | Current Value 1.1 K | Quarterly Volatility 700.66485341 |
Check Hometown International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hometown International's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 272 K or Total Revenue of 28.2 K, as well as many indicators such as Price To Sales Ratio of 3.7 K, Dividend Yield of 0.0 or PTB Ratio of 108. Hometown financial statements analysis is a perfect complement when working with Hometown International Valuation or Volatility modules.
Hometown | Average Inventory | Build AI portfolio with Hometown Stock |
Evaluating Hometown International's Average Inventory across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Hometown International's fundamental strength.
Latest Hometown International's Average Inventory Growth Pattern
Below is the plot of the Average Inventory of Hometown International over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Hometown International's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hometown International's overall financial position and show how it may be relating to other accounts over time.
| Average Inventory | 10 Years Trend |
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Average Inventory |
| Timeline |
Hometown Average Inventory Regression Statistics
| Arithmetic Mean | 1,515 | |
| Geometric Mean | 1,339 | |
| Coefficient Of Variation | 46.24 | |
| Mean Deviation | 662.83 | |
| Median | 1,949 | |
| Standard Deviation | 700.66 | |
| Sample Variance | 490,931 | |
| Range | 1.5K | |
| R-Value | 0.71 | |
| Mean Square Error | 259,535 | |
| R-Squared | 0.50 | |
| Significance | 0 | |
| Slope | 98.54 | |
| Total Sum of Squares | 7.9M |
Hometown Average Inventory History
About Hometown International Financial Statements
Hometown International investors utilize fundamental indicators, such as Average Inventory, to predict how Hometown 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 | ||
| Average Inventory | 1.9 K | 1.1 K |
Pair Trading with Hometown International
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 Hometown International 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 Hometown International will appreciate offsetting losses from the drop in the long position's value.Moving against Hometown Stock
| 0.81 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
| 0.8 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.63 | WWR | Woolworths Group | PairCorr |
| 0.63 | AA | Alcoa Corp | PairCorr |
| 0.63 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Hometown International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hometown International 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 Hometown International - 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 Hometown International to buy it.
The correlation of Hometown International 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 Hometown International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hometown International 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 Hometown International 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 Hometown International Correlation against competitors. To learn how to invest in Hometown Stock, please use our How to Invest in Hometown International guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Will Consumer Staples Distribution & Retail sector continue expanding? Could Hometown diversify its offerings? Factors like these will boost the valuation of Hometown International. Market participants price Hometown higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Hometown International data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Hometown International's market price often diverges from its book value, the accounting figure shown on Hometown's balance sheet. Smart investors calculate Hometown International's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Hometown International's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Hometown International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hometown International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hometown International'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.