Nomura Other Operating Expenses vs Total Other Income Expense Net Analysis

NMR Stock  USD 6.04  0.01  0.17%   
Nomura Holdings financial indicator trend analysis is infinitely more than just investigating Nomura Holdings ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nomura Holdings ADR is a good investment. Please check the relationship between Nomura Holdings Other Operating Expenses and its Total Other Income Expense Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomura Holdings ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Operating Expenses vs Total Other Income Expense Net

Other Operating Expenses vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nomura Holdings ADR Other Operating Expenses account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nomura Holdings' Other Operating Expenses and Total Other Income Expense Net is -0.09. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Nomura Holdings ADR, assuming nothing else is changed. The correlation between historical values of Nomura Holdings' Other Operating Expenses and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Nomura Holdings ADR are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Other Operating Expenses i.e., Nomura Holdings' Other Operating Expenses and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nomura Holdings ADR. It is also known as Nomura Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Other Income Expense Net

Most indicators from Nomura Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nomura Holdings ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomura Holdings ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Nomura Holdings' Issuance Of Capital Stock is relatively stable compared to the past year. As of 11/25/2024, Sales General And Administrative To Revenue is likely to grow to 0.51, while Selling General Administrative is likely to drop slightly above 13.8 B.
 2021 2022 2023 2024 (projected)
Operating Income453.2B1.3T795.5B494.2B
Other Operating Expenses690.5B151.2B766.5B1.7B

Nomura Holdings fundamental ratios Correlations

0.51-0.46-0.320.980.39-0.210.30.88-0.040.82-0.20.150.20.620.570.610.730.440.2-0.290.32-0.061.0-0.220.29
0.51-0.40.470.40.15-0.080.880.150.360.580.61-0.43-0.290.510.670.620.830.42-0.010.51-0.39-0.160.520.36-0.13
-0.46-0.4-0.13-0.44-0.350.07-0.12-0.46-0.48-0.660.0-0.160.32-0.58-0.58-0.54-0.290.19-0.15-0.09-0.040.06-0.46-0.390.44
-0.320.47-0.13-0.38-0.34-0.040.45-0.470.49-0.020.95-0.55-0.610.140.190.470.06-0.23-0.330.98-0.96-0.01-0.310.68-0.41
0.980.4-0.44-0.380.47-0.260.150.95-0.010.84-0.30.210.260.670.570.570.610.310.25-0.370.39-0.10.98-0.20.29
0.390.15-0.35-0.340.47-0.37-0.230.540.460.66-0.360.280.350.720.74-0.080.280.030.48-0.390.49-0.310.390.060.11
-0.21-0.080.07-0.04-0.26-0.370.11-0.31-0.51-0.27-0.07-0.53-0.37-0.38-0.34-0.14-0.18-0.1-0.2-0.030.010.16-0.210.0-0.55
0.30.88-0.120.450.15-0.230.11-0.150.060.170.64-0.47-0.280.060.250.430.750.58-0.120.53-0.440.020.310.18-0.05
0.880.15-0.46-0.470.950.54-0.31-0.150.050.8-0.460.360.330.680.530.480.390.120.27-0.490.49-0.130.87-0.210.28
-0.040.36-0.480.49-0.010.46-0.510.060.050.40.37-0.02-0.20.60.640.210.1-0.350.220.4-0.28-0.43-0.040.68-0.27
0.820.58-0.66-0.020.840.66-0.270.170.80.4-0.020.0-0.010.930.90.650.580.060.24-0.060.13-0.280.820.23-0.05
-0.20.610.00.95-0.3-0.36-0.070.64-0.460.37-0.02-0.57-0.50.10.180.470.270.06-0.340.98-0.950.04-0.20.53-0.22
0.15-0.43-0.16-0.550.210.28-0.53-0.470.36-0.020.0-0.570.55-0.01-0.14-0.19-0.080.10.51-0.50.520.370.15-0.520.55
0.2-0.290.32-0.610.260.35-0.37-0.280.33-0.2-0.01-0.50.550.0-0.07-0.320.170.440.28-0.560.530.140.2-0.70.74
0.620.51-0.580.140.670.72-0.380.060.680.60.930.1-0.010.00.920.60.47-0.080.30.08-0.02-0.30.620.35-0.06
0.570.67-0.580.190.570.74-0.340.250.530.640.90.18-0.14-0.070.920.490.580.050.180.14-0.03-0.420.570.39-0.12
0.610.62-0.540.470.57-0.08-0.140.430.480.210.650.47-0.19-0.320.60.490.490.04-0.120.47-0.470.060.610.29-0.12
0.730.83-0.290.060.610.28-0.180.750.390.10.580.27-0.080.170.470.580.490.780.110.15-0.050.070.73-0.170.33
0.440.420.19-0.230.310.03-0.10.580.12-0.350.060.060.10.44-0.080.050.040.78-0.03-0.080.130.30.45-0.620.65
0.2-0.01-0.15-0.330.250.48-0.2-0.120.270.220.24-0.340.510.280.30.18-0.120.11-0.03-0.330.390.10.19-0.080.18
-0.290.51-0.090.98-0.37-0.39-0.030.53-0.490.4-0.060.98-0.5-0.560.080.140.470.15-0.08-0.33-0.980.12-0.280.57-0.31
0.32-0.39-0.04-0.960.390.490.01-0.440.49-0.280.13-0.950.520.53-0.02-0.03-0.47-0.050.130.39-0.98-0.150.32-0.510.27
-0.06-0.160.06-0.01-0.1-0.310.160.02-0.13-0.43-0.280.040.370.14-0.3-0.420.060.070.30.10.12-0.15-0.06-0.480.3
1.00.52-0.46-0.310.980.39-0.210.310.87-0.040.82-0.20.150.20.620.570.610.730.450.19-0.280.32-0.06-0.220.29
-0.220.36-0.390.68-0.20.060.00.18-0.210.680.230.53-0.52-0.70.350.390.29-0.17-0.62-0.080.57-0.51-0.48-0.22-0.77
0.29-0.130.44-0.410.290.11-0.55-0.050.28-0.27-0.05-0.220.550.74-0.06-0.12-0.120.330.650.18-0.310.270.30.29-0.77
Click cells to compare fundamentals

Nomura Holdings Account Relationship Matchups

Nomura Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.0T42.5T43.4T47.8T55.1T940.9B
Short Long Term Debt Total10.2T9.9T10.9T11.7T14.1T10.4T
Other Current Liab(3.0T)(2.9T)(2.6T)(42.3B)(2.4T)612.5B
Total Current Liabilities3.0T2.8T2.6T2.4T18.3T19.2T
Total Stockholder Equity2.7T2.7T2.9T3.1T3.4T57.3B
Other Liab1.7T2.6T2.8T2.6T57.6B54.8B
Property Plant And Equipment Net440.5B464.4B419.0B464.3B448.8B464.3B
Net Debt6.3T5.8T6.8T7.2T8.9T7.9T
Retained Earnings1.6T1.5T1.6T1.6T1.7T35.2B
Accounts Payable1.5T1.5T1.5T1.4T1.3T1.7T
Cash3.9T4.2T4.1T4.5T5.2T388.2B
Non Current Assets Total13.1T11.8T16.7T18.9T64.9T68.1T
Non Currrent Assets Other(13.4B)(189.7B)4.4T(18.9T)(14.4T)(15.2T)
Other Assets24.8T25.3T21.6T23.1T(14.0T)30.2B
Long Term Debt7.8T8.4T9.7T10.4T12.8T94.7B
Cash And Short Term Investments3.9T4.2T3.6T4.5T4.2T2.5T
Net Receivables2.3T1.2T1.7T1.2T6.8T12.8B
Common Stock Shares Outstanding3.3B3.1B3.2B3.1B3.1B3.1B
Short Term Investments309.4B281.4B4.4T409.1B(915.6B)(869.8B)
Liabilities And Stockholders Equity44.0T42.5T43.4T47.8T55.1T38.9T
Non Current Liabilities Total8.7T8.6T9.7T2.4T53.0T55.7T
Inventory8.6T7.9T8.6T9.4T(62.5T)(59.4T)
Other Stockholder Equity(1.2T)604.9B585.2B(2.7T)590.0B3.4B
Total Liab41.3T39.8T40.4T44.5T51.7T883.6B
Property Plant And Equipment Gross440.5B464.4B845.1B924.3B978.4B1.0T
Total Current Assets6.1T5.4T5.1T5.7T4.2T4.0T
Accumulated Other Comprehensive Income(26.1B)(38.1B)128.0B318.5B460.0B483.0B
Treasury Stock(158.0B)(109.0B)(243.6B)(91.2B)(82.1B)(78.0B)
Short Term Debt1.5T1.4T1.1T1.0T1.1T111.0B
Property Plant Equipment440.5B464.4B419.0B464.3B2.1B2.0B
Current Deferred Revenue34.2B11.9B(40.4T)(48.4T)(43.5T)(41.3T)
Intangible Assets17.3B15.9B15.6B18.6B19.1B3.5B
Good Will472M13.1B14.4B17.6B19.3B8.5B
Other Current Assets(8.6T)(7.9T)17.2B(9.4T)55.1T57.9T
Net Tangible Assets2.6T2.7T2.9T3.1T45.3B43.0B
Long Term Investments18.3T16.7T16.3T18.4T14.0T665.0B
Short Long Term Debt1.5T1.4T1.1T1.0T1.1T111.0B
Long Term Debt Total7.9T8.1T9.4T10.4T12.0T8.1T

Pair Trading with Nomura Holdings

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

Moving together with Nomura Stock

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Moving against Nomura Stock

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The ability to find closely correlated positions to Nomura Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nomura Holdings 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 Nomura Holdings - 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 Nomura Holdings ADR to buy it.
The correlation of Nomura Holdings 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 Nomura Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nomura Holdings ADR 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 Nomura Holdings 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 Nomura Stock Analysis

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