Timken Research And Ddevelopement To Revenue from 2010 to 2024

TKR Stock  USD 75.22  1.28  1.73%   
Timken Research And Ddevelopement To Revenue yearly trend continues to be relatively stable with very little volatility. Research And Ddevelopement To Revenue is likely to drop to 0.01. Research And Ddevelopement To Revenue is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. View All Fundamentals
 
Research And Ddevelopement To Revenue  
First Reported
2010-12-31
Previous Quarter
0.009831
Current Value
0.00872
Quarterly Volatility
0.00121027
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Timken financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Timken's main balance sheet or income statement drivers, such as Depreciation And Amortization of 150.7 M, Total Revenue of 3.4 B or Gross Profit of 5 B, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0156 or PTB Ratio of 2.33. Timken financial statements analysis is a perfect complement when working with Timken Valuation or Volatility modules.
  
Check out the analysis of Timken Correlation against competitors.

Latest Timken's Research And Ddevelopement To Revenue Growth Pattern

Below is the plot of the Research And Ddevelopement To Revenue of Timken Company over the last few years. It is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. Timken's Research And Ddevelopement To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Timken's overall financial position and show how it may be relating to other accounts over time.
Research And Ddevelopement To Revenue10 Years Trend
Pretty Stable
   Research And Ddevelopement To Revenue   
       Timeline  

Timken Research And Ddevelopement To Revenue Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation11.58
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000146
Range0.0039
R-Value0.13
Mean Square Error0.00000155
R-Squared0.02
Significance0.65
Slope0.000035
Total Sum of Squares0.000021

Timken Research And Ddevelopement To Revenue History

2024 0.00872
2023 0.009831
2019 0.0109
2018 0.0104
2017 0.0118
2016 0.0119
2015 0.0113

About Timken Financial Statements

Timken shareholders use historical fundamental indicators, such as Research And Ddevelopement To Revenue, to determine how well the company is positioned to perform in the future. Although Timken investors may analyze each financial statement separately, they are all interrelated. The changes in Timken's assets and liabilities, for example, are also reflected in the revenues and expenses on on Timken's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Research And Ddevelopement To Revenue 0.01  0.01 

Pair Trading with Timken

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

Moving together with Timken Stock

  0.79EML EasternPairCorr

Moving against Timken Stock

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  0.57KMT KennametalPairCorr
  0.56RBC RBC BearingsPairCorr
  0.45R Ryder SystemPairCorr
  0.45AL Air LeasePairCorr
The ability to find closely correlated positions to Timken could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Timken 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 Timken - 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 Timken Company to buy it.
The correlation of Timken 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 Timken moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Timken Company 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 Timken 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

Additional Tools for Timken Stock Analysis

When running Timken's price analysis, check to measure Timken'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 Timken is operating at the current time. Most of Timken's value examination focuses on studying past and present price action to predict the probability of Timken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Timken's price. Additionally, you may evaluate how the addition of Timken to your portfolios can decrease your overall portfolio volatility.