Insperity Earnings Yield from 2010 to 2024
| NSP Stock | USD 78.52 1.11 1.39% |
Earnings Yield | First Reported 2010-12-31 | Previous Quarter 0.03867152 | Current Value 0.0266 | Quarterly Volatility 0.01088572 |
Check Insperity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Insperity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 44.8 M, Interest Expense of 28.5 M or Total Revenue of 6.8 B, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0178 or PTB Ratio of 49.7. Insperity financial statements analysis is a perfect complement when working with Insperity Valuation or Volatility modules.
Insperity | Earnings Yield |
Latest Insperity's Earnings Yield Growth Pattern
Below is the plot of the Earnings Yield of Insperity over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Insperity's Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Insperity's overall financial position and show how it may be relating to other accounts over time.
| Earnings Yield | 10 Years Trend |
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Earnings Yield |
| Timeline |
Insperity Earnings Yield Regression Statistics
| Arithmetic Mean | 0.04 | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | 30.09 | |
| Mean Deviation | 0.01 | |
| Median | 0.04 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.0001 | |
| Range | 0.0442 | |
| R-Value | 0.09 | |
| Mean Square Error | 0.0001 | |
| R-Squared | 0.01 | |
| Significance | 0.74 | |
| Slope | 0.0002 | |
| Total Sum of Squares | 0 |
Insperity Earnings Yield History
About Insperity Financial Statements
Insperity shareholders use historical fundamental indicators, such as Earnings Yield, to determine how well the company is positioned to perform in the future. Although Insperity investors may analyze each financial statement separately, they are all interrelated. The changes in Insperity's assets and liabilities, for example, are also reflected in the revenues and expenses on on Insperity'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 | ||
| Earnings Yield | 0.04 | 0.03 |
Pair Trading with Insperity
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 Insperity 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 Insperity will appreciate offsetting losses from the drop in the long position's value.Moving together with Insperity Stock
Moving against Insperity Stock
| 0.87 | DIST | Distoken Acquisition | PairCorr |
| 0.76 | INOD | Innodata | PairCorr |
| 0.75 | PYCR | Paycor HCM | PairCorr |
| 0.74 | SPIR | Spire Global Symbol Change | PairCorr |
| 0.7 | DRVN | Driven Brands Holdings | PairCorr |
The ability to find closely correlated positions to Insperity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insperity 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 Insperity - 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 Insperity to buy it.
The correlation of Insperity 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 Insperity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insperity 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 Insperity 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 Insperity Stock Analysis
When running Insperity's price analysis, check to measure Insperity'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 Insperity is operating at the current time. Most of Insperity's value examination focuses on studying past and present price action to predict the probability of Insperity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insperity's price. Additionally, you may evaluate how the addition of Insperity to your portfolios can decrease your overall portfolio volatility.