DRI Change To Netincome from 2010 to 2024

DHT-U Stock  USD 8.55  0.05  0.59%   
DRI Healthcare Change To Netincome yearly trend continues to be comparatively stable with very little volatility. Change To Netincome will likely drop to about 1.3 M in 2024. From the period from 2010 to 2024, DRI Healthcare Change To Netincome quarterly data regression had r-value of  0.61 and coefficient of variation of  57.82. View All Fundamentals
 
Change To Netincome  
First Reported
2010-12-31
Previous Quarter
2.5 M
Current Value
1.3 M
Quarterly Volatility
563.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DRI Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DRI Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 51.7 M, Interest Expense of 27.8 M or Other Operating Expenses of 67.6 M, as well as many indicators such as Price To Sales Ratio of 2.66, Dividend Yield of 0.0501 or PTB Ratio of 0.49. DRI financial statements analysis is a perfect complement when working with DRI Healthcare Valuation or Volatility modules.
  
This module can also supplement various DRI Healthcare Technical models . Check out the analysis of DRI Healthcare Correlation against competitors.

Pair Trading with DRI Healthcare

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

Moving against DRI Stock

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

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