TROOPS Average Inventory from 2010 to 2026
| TROO Stock | USD 3.93 0.04 1.01% |
Average Inventory | First Reported 2010-12-31 | Previous Quarter 4.4 M | Current Value 6.8 M | Quarterly Volatility 1.3 M |
Check TROOPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TROOPS's main balance sheet or income statement drivers, such as Other Operating Expenses of 13.5 M, Total Operating Expenses of 9.3 M or Income Tax Expense of 23.1 K, as well as many indicators such as Price To Sales Ratio of 14.23, Dividend Yield of 0.0 or PTB Ratio of 2.68. TROOPS financial statements analysis is a perfect complement when working with TROOPS Valuation or Volatility modules.
TROOPS | Average Inventory | Build AI portfolio with TROOPS Stock |
Evaluating TROOPS's Average Inventory 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 TROOPS Inc's fundamental strength.
Latest TROOPS's Average Inventory Growth Pattern
Below is the plot of the Average Inventory of TROOPS Inc over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. TROOPS's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TROOPS's overall financial position and show how it may be relating to other accounts over time.
| Average Inventory | 10 Years Trend |
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Average Inventory |
| Timeline |
TROOPS Average Inventory Regression Statistics
| Arithmetic Mean | 4,292,609 | |
| Geometric Mean | 4,157,419 | |
| Coefficient Of Variation | 31.32 | |
| Mean Deviation | 820,406 | |
| Median | 3,794,506 | |
| Standard Deviation | 1,344,580 | |
| Sample Variance | 1.8T | |
| Range | 4.9M | |
| R-Value | (0.1) | |
| Mean Square Error | 1.9T | |
| R-Squared | 0.01 | |
| Significance | 0.71 | |
| Slope | (25,598) | |
| Total Sum of Squares | 28.9T |
TROOPS Average Inventory History
About TROOPS Financial Statements
TROOPS investors utilize fundamental indicators, such as Average Inventory, to predict how TROOPS 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 | ||
| Average Inventory | 4.4 M | 6.8 M |
Pair Trading with TROOPS
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 TROOPS 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 TROOPS will appreciate offsetting losses from the drop in the long position's value.Moving against TROOPS Stock
| 0.79 | WDAY | Workday | PairCorr |
| 0.75 | MRT | Marti Technologies | PairCorr |
| 0.64 | LIF | Life360 Common Stock | PairCorr |
| 0.63 | NET | Cloudflare | PairCorr |
| 0.56 | TTD | Trade Desk | PairCorr |
The ability to find closely correlated positions to TROOPS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TROOPS 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 TROOPS - 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 TROOPS Inc to buy it.
The correlation of TROOPS 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 TROOPS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TROOPS Inc 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 TROOPS 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.Check out the analysis of TROOPS Correlation against competitors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Will Application Software sector continue expanding? Could TROOPS diversify its offerings? Factors like these will boost the valuation of TROOPS. If investors know TROOPS will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every TROOPS data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.13) | Revenue Per Share | Quarterly Revenue Growth 1.921 | Return On Assets | Return On Equity |
Investors evaluate TROOPS Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating TROOPS's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause TROOPS's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between TROOPS's value and its price as these two are different measures arrived at by different means. Investors typically determine if TROOPS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, TROOPS's market price signifies the transaction level at which participants voluntarily complete trades.