Sernova Research Development from 2010 to 2026
| SVA Stock | 0.14 0.01 6.67% |
Research Development | First Reported 2002-01-31 | Previous Quarter 1.7 M | Current Value 718.5 K | Quarterly Volatility 2.1 M |
Check Sernova Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sernova Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 376.3 K, Other Operating Expenses of 18.3 M or Total Operating Expenses of 17.8 M, as well as many indicators such as Price To Sales Ratio of 85.16, Dividend Yield of 0.0 or Days Sales Outstanding of 63.1. Sernova financial statements analysis is a perfect complement when working with Sernova Corp Valuation or Volatility modules.
Sernova | Research Development |
Evaluating Sernova Corp's Research Development 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 Sernova Corp's fundamental strength.
Latest Sernova Corp's Research Development Growth Pattern
Below is the plot of the Research Development of Sernova Corp over the last few years. It is Sernova Corp's Research Development historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sernova Corp's overall financial position and show how it may be relating to other accounts over time.
| Research Development | 10 Years Trend |
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Research Development |
| Timeline |
Sernova Research Development Regression Statistics
| Arithmetic Mean | 6,653,353 | |
| Geometric Mean | 3,358,531 | |
| Coefficient Of Variation | 134.01 | |
| Mean Deviation | 6,341,645 | |
| Median | 2,231,455 | |
| Standard Deviation | 8,916,189 | |
| Sample Variance | 79.5T | |
| Range | 31.9M | |
| R-Value | 0.55 | |
| Mean Square Error | 59T | |
| R-Squared | 0.30 | |
| Significance | 0.02 | |
| Slope | 973,260 | |
| Total Sum of Squares | 1272T |
Sernova Research Development History
About Sernova Corp Financial Statements
Sernova Corp investors utilize fundamental indicators, such as Research Development, to predict how Sernova 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 | ||
| Research Development | 8.4 M | 4.8 M |
Pair Trading with Sernova Corp
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 Sernova Corp 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 Sernova Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Sernova Stock
| 0.7 | FFH | Fairfax Financial | PairCorr |
| 0.51 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.41 | SLF-PC | Sun Life Financial | PairCorr |
The ability to find closely correlated positions to Sernova Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sernova Corp 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 Sernova Corp - 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 Sernova Corp to buy it.
The correlation of Sernova Corp 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 Sernova Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sernova 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 Sernova Corp 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.Other Information on Investing in Sernova Stock
Sernova Corp financial ratios help investors to determine whether Sernova Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sernova with respect to the benefits of owning Sernova Corp security.