Perdoceo Deferred Long Term Asset Charges from 2010 to 2024

PRDO Stock  USD 27.63  0.25  0.91%   
Perdoceo Education Deferred Long Term Asset Charges yearly trend continues to be very stable with very little volatility. Deferred Long Term Asset Charges is likely to grow to about 20.2 M this year. During the period from 2010 to 2024, Perdoceo Education Deferred Long Term Asset Charges quarterly data regression pattern had sample variance of 100.7 T and median of  10,644,000. View All Fundamentals
 
Deferred Long Term Asset Charges  
First Reported
2010-12-31
Previous Quarter
12.2 M
Current Value
20.2 M
Quarterly Volatility
10 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Perdoceo Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Perdoceo Education's main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.6 M, Interest Expense of 649.7 K or Selling General Administrative of 585.2 M, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0117 or PTB Ratio of 2.72. Perdoceo financial statements analysis is a perfect complement when working with Perdoceo Education Valuation or Volatility modules.
  
Check out the analysis of Perdoceo Education Correlation against competitors.

Latest Perdoceo Education's Deferred Long Term Asset Charges Growth Pattern

Below is the plot of the Deferred Long Term Asset Charges of Perdoceo Education Corp over the last few years. It is Perdoceo Education's Deferred Long Term Asset Charges historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Perdoceo Education's overall financial position and show how it may be relating to other accounts over time.
Deferred Long Term Asset Charges10 Years Trend
Very volatile
   Deferred Long Term Asset Charges   
       Timeline  

Perdoceo Deferred Long Term Asset Charges Regression Statistics

Arithmetic Mean13,435,320
Geometric Mean11,714,659
Coefficient Of Variation74.67
Mean Deviation5,515,275
Median10,644,000
Standard Deviation10,032,517
Sample Variance100.7T
Range43M
R-Value(0.10)
Mean Square Error107.2T
R-Squared0.01
Significance0.71
Slope(233,236)
Total Sum of Squares1409.1T

Perdoceo Deferred Long Term Asset Charges History

202420.2 M
202312.2 M
201310.6 M
201248.1 M
20119.5 M
20105.1 M

About Perdoceo Education Financial Statements

Perdoceo Education investors utilize fundamental indicators, such as Deferred Long Term Asset Charges, to predict how Perdoceo 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 ReportedProjected for Next Year
Deferred Long Term Asset Charges12.2 M20.2 M

Pair Trading with Perdoceo Education

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 Perdoceo Education 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 Perdoceo Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Perdoceo Stock

  0.61WAFU Wah Fu EducationPairCorr
  0.58EDU New Oriental EducationPairCorr
  0.51YQ 17 Education TechnologyPairCorr
  0.39IH Ihuman IncPairCorr
The ability to find closely correlated positions to Perdoceo Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perdoceo Education 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 Perdoceo Education - 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 Perdoceo Education Corp to buy it.
The correlation of Perdoceo Education 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 Perdoceo Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perdoceo Education Corp 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 Perdoceo Education 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.
Pair CorrelationCorrelation Matching
When determining whether Perdoceo Education Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perdoceo Education's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perdoceo Education Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perdoceo Education Corp Stock:
Check out the analysis of Perdoceo Education Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Diversified Consumer Services 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 Perdoceo Education. If investors know Perdoceo 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 Perdoceo Education 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
(0.08)
Dividend Share
0.11
Earnings Share
1.99
Revenue Per Share
9.948
Quarterly Revenue Growth
(0.06)
The market value of Perdoceo Education Corp is measured differently than its book value, which is the value of Perdoceo that is recorded on the company's balance sheet. Investors also form their own opinion of Perdoceo Education's value that differs from its market value or its book value, called intrinsic value, which is Perdoceo Education'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 Perdoceo Education's market value can be influenced by many factors that don't directly affect Perdoceo Education'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 Perdoceo Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perdoceo Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perdoceo Education'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.