Huntsman Income Before Tax from 2010 to 2024
HUN Stock | USD 18.24 0.36 2.01% |
Income Before Tax | First Reported 2002-12-31 | Previous Quarter 44 M | Current Value 34 M | Quarterly Volatility 162.4 M |
Check Huntsman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Huntsman's main balance sheet or income statement drivers, such as Depreciation And Amortization of 250.8 M, Interest Expense of 61.8 M or Total Revenue of 9.4 B, as well as many indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.0336 or PTB Ratio of 1.44. Huntsman financial statements analysis is a perfect complement when working with Huntsman Valuation or Volatility modules.
Huntsman | Income Before Tax |
Latest Huntsman's Income Before Tax Growth Pattern
Below is the plot of the Income Before Tax of Huntsman over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Huntsman income statement and is an important metric when analyzing Huntsman profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Huntsman's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Huntsman's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax | 10 Years Trend |
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Income Before Tax |
Timeline |
Huntsman Income Before Tax Regression Statistics
Arithmetic Mean | 438,630,000 | |
Coefficient Of Variation | 82.66 | |
Mean Deviation | 261,629,333 | |
Median | 391,000,000 | |
Standard Deviation | 362,565,305 | |
Sample Variance | 131453.6T | |
Range | 1.5B | |
R-Value | 0.25 | |
Mean Square Error | 132376T | |
R-Squared | 0.06 | |
Significance | 0.36 | |
Slope | 20,655,536 | |
Total Sum of Squares | 1840350.4T |
Huntsman Income Before Tax History
About Huntsman Financial Statements
Huntsman investors utilize fundamental indicators, such as Income Before Tax, to predict how Huntsman 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 | ||
Income Before Tax | 99 M | 94 M |
Pair Trading with Huntsman
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 Huntsman 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 Huntsman will appreciate offsetting losses from the drop in the long position's value.Moving together with Huntsman Stock
Moving against Huntsman Stock
0.89 | WS | Worthington Steel | PairCorr |
0.53 | RS | Reliance Steel Aluminum | PairCorr |
0.45 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
The ability to find closely correlated positions to Huntsman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huntsman 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 Huntsman - 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 Huntsman to buy it.
The correlation of Huntsman 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 Huntsman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huntsman 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 Huntsman 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 Huntsman Correlation against competitors. To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Diversified Chemicals 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 Huntsman. If investors know Huntsman 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 Huntsman 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 0.206 | Dividend Share 0.988 | Earnings Share (0.60) | Revenue Per Share 34.793 | Quarterly Revenue Growth 0.023 |
The market value of Huntsman is measured differently than its book value, which is the value of Huntsman that is recorded on the company's balance sheet. Investors also form their own opinion of Huntsman's value that differs from its market value or its book value, called intrinsic value, which is Huntsman's 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 Huntsman's market value can be influenced by many factors that don't directly affect Huntsman's 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 Huntsman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntsman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntsman's 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.