New Net Income Applicable To Common Shares from 2010 to 2024
| NEN Stock | USD 82.49 2.94 3.70% |
Net Income Applicable To Common Shares | First Reported 2000-03-31 | Previous Quarter 1.8 M | Current Value 2.2 M | Quarterly Volatility 1.2 M |
Check New England financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New England's main balance sheet or income statement drivers, such as Interest Expense of 16.5 M, Total Revenue of 78.2 M or Gross Profit of 30.1 M, as well as many indicators such as Price To Sales Ratio of 4.29, Dividend Yield of 0.0289 or Days Sales Outstanding of 8.63. New financial statements analysis is a perfect complement when working with New England Valuation or Volatility modules.
New | Net Income Applicable To Common Shares |
Latest New England's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of New England Realty over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. New England's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New England's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
New Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 4,151,196 | |
| Coefficient Of Variation | 70.48 | |
| Mean Deviation | 2,118,189 | |
| Median | 3,772,565 | |
| Standard Deviation | 2,925,779 | |
| Sample Variance | 8.6T | |
| Range | 12M | |
| R-Value | (0.51) | |
| Mean Square Error | 6.9T | |
| R-Squared | 0.26 | |
| Significance | 0.05 | |
| Slope | (331,242) | |
| Total Sum of Squares | 119.8T |
New Net Income Applicable To Common Shares History
About New England Financial Statements
New England investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how New 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 | ||
| Net Income Applicable To Common Shares | 3.4 M | 3.1 M |
Pair Trading with New England
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 New England 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 New England will appreciate offsetting losses from the drop in the long position's value.Moving against New Stock
| 0.53 | AHT-PH | Ashford Hospitality Trust | PairCorr |
| 0.52 | AHT-PI | Ashford Hospitality Trust | PairCorr |
| 0.5 | UK | Ucommune International | PairCorr |
| 0.49 | AHT-PD | Ashford Hospitality Trust | PairCorr |
| 0.49 | AHT-PG | Ashford Hospitality Trust Downward Rally | PairCorr |
The ability to find closely correlated positions to New England could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New England 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 New England - 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 New England Realty to buy it.
The correlation of New England 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 New England moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New England Realty 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 New England 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 New England Correlation against competitors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New England. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New England listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.819 | Dividend Share 0.4 | Earnings Share 3.87 | Revenue Per Share 22.809 | Quarterly Revenue Growth 0.057 |
The market value of New England Realty is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New England's value that differs from its market value or its book value, called intrinsic value, which is New England's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New England's market value can be influenced by many factors that don't directly affect New England's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New England's value and its price as these two are different measures arrived at by different means. Investors typically determine if New England is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New England'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.