NewtekOne Operating Cycle from 2010 to 2026
| NEWTP Stock | 23.60 0.10 0.42% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 109.96 | Current Value 89.54 | Quarterly Volatility 121.26864537 |
Check NewtekOne Depositary financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NewtekOne Depositary's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Total Revenue of 385 M or Gross Profit of 255.4 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0012 or PTB Ratio of 2.07. NewtekOne financial statements analysis is a perfect complement when working with NewtekOne Depositary Valuation or Volatility modules.
NewtekOne | Operating Cycle | Build AI portfolio with NewtekOne Stock |
Latest NewtekOne Depositary's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of NewtekOne Depositary Shares over the last few years. It is NewtekOne Depositary's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NewtekOne Depositary's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
NewtekOne Operating Cycle Regression Statistics
| Arithmetic Mean | 147.95 | |
| Geometric Mean | 103.84 | |
| Coefficient Of Variation | 81.96 | |
| Mean Deviation | 88.94 | |
| Median | 109.96 | |
| Standard Deviation | 121.27 | |
| Sample Variance | 14,706 | |
| Range | 484 | |
| R-Value | 0.17 | |
| Mean Square Error | 15,240 | |
| R-Squared | 0.03 | |
| Significance | 0.52 | |
| Slope | 4.05 | |
| Total Sum of Squares | 235,297 |
NewtekOne Operating Cycle History
About NewtekOne Depositary Financial Statements
NewtekOne Depositary shareholders use historical fundamental indicators, such as Operating Cycle, to determine how well the company is positioned to perform in the future. Although NewtekOne Depositary investors may analyze each financial statement separately, they are all interrelated. The changes in NewtekOne Depositary's assets and liabilities, for example, are also reflected in the revenues and expenses on on NewtekOne Depositary'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 | ||
| Operating Cycle | 109.96 | 89.54 |
Pair Trading with NewtekOne Depositary
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 NewtekOne Depositary 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 NewtekOne Depositary will appreciate offsetting losses from the drop in the long position's value.Moving against NewtekOne Stock
| 0.65 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.62 | NBBK | NB Bancorp Common Earnings Call Tomorrow | PairCorr |
| 0.57 | CBNA | Chain Bridge Bancorp Earnings Call This Week | PairCorr |
| 0.51 | FBLA | FB Bancorp Common | PairCorr |
| 0.4 | SRBK | SR Bancorp Common | PairCorr |
The ability to find closely correlated positions to NewtekOne Depositary could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NewtekOne Depositary 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 NewtekOne Depositary - 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 NewtekOne Depositary Shares to buy it.
The correlation of NewtekOne Depositary 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 NewtekOne Depositary moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewtekOne Depositary 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 NewtekOne Depositary 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 NewtekOne Stock Analysis
When running NewtekOne Depositary's price analysis, check to measure NewtekOne Depositary'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 NewtekOne Depositary is operating at the current time. Most of NewtekOne Depositary's value examination focuses on studying past and present price action to predict the probability of NewtekOne Depositary's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewtekOne Depositary's price. Additionally, you may evaluate how the addition of NewtekOne Depositary to your portfolios can decrease your overall portfolio volatility.