Two Return On Assets from 2010 to 2024
| TWO Stock | USD 11.74 0.18 1.56% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.01) | Current Value (0.01) | Quarterly Volatility 0.02756283 |
Check Two Harbors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Two Harbors' main balance sheet or income statement drivers, such as Depreciation And Amortization of 86.2 M, Interest Expense of 675.4 M or Other Operating Expenses of 118 M, as well as many indicators such as Price To Sales Ratio of 4.92, Dividend Yield of 0.2 or PTB Ratio of 0.78. Two financial statements analysis is a perfect complement when working with Two Harbors Valuation or Volatility modules.
Two | Return On Assets |
Latest Two Harbors' Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Two Harbors Investments over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Two Harbors' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Two Harbors' overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
|
Return On Assets |
| Timeline |
Two Return On Assets Regression Statistics
| Arithmetic Mean | 0.01 | |
| Geometric Mean | 0.01 | |
| Coefficient Of Variation | 498.46 | |
| Mean Deviation | 0.02 | |
| Median | 0.01 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0.0008 | |
| Range | 0.1173 | |
| R-Value | (0.37) | |
| Mean Square Error | 0.0007 | |
| R-Squared | 0.14 | |
| Significance | 0.18 | |
| Slope | (0) | |
| Total Sum of Squares | 0.01 |
Two Return On Assets History
About Two Harbors Financial Statements
Two Harbors investors utilize fundamental indicators, such as Return On Assets, to predict how Two 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 | ||
| Return On Assets | (0.01) | (0.01) |
Pair Trading with Two Harbors
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 Two Harbors 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 Two Harbors will appreciate offsetting losses from the drop in the long position's value.Moving against Two Stock
| 0.87 | LC | LendingClub Corp | PairCorr |
| 0.87 | SF | Stifel Financial Earnings Call This Week | PairCorr |
| 0.86 | DIST | Distoken Acquisition | PairCorr |
| 0.86 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.85 | QD | Qudian Inc | PairCorr |
The ability to find closely correlated positions to Two Harbors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Two Harbors 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 Two Harbors - 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 Two Harbors Investments to buy it.
The correlation of Two Harbors 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 Two Harbors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Two Harbors Investments 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 Two Harbors 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 Two Harbors Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Mortgage Real Estate Investment Trusts (REITs) 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 Two Harbors. If investors know Two 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 Two Harbors 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 (0.76) | Dividend Share 1.8 | Earnings Share (4.80) | Revenue Per Share 1.171 | Quarterly Revenue Growth (0.43) |
The market value of Two Harbors Investments is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Harbors' value that differs from its market value or its book value, called intrinsic value, which is Two Harbors' 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 Two Harbors' market value can be influenced by many factors that don't directly affect Two Harbors' 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 Two Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Harbors' 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.