Semler Days Of Inventory On Hand from 2010 to 2024

SMLR Stock  USD 61.78  0.44  0.72%   
Semler Scientific Days Of Inventory On Hand yearly trend continues to be relatively stable with very little volatility. Days Of Inventory On Hand is likely to grow to 24.42 this year. During the period from 2010 to 2024, Semler Scientific Days Of Inventory On Hand destribution of quarterly values had r-value of (0.03) from its regression line and median of (0.0008). View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
23.25672967
Current Value
24.42
Quarterly Volatility
149.36929532
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Semler Scientific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Semler Scientific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 335.5 K, Interest Expense of 359.7 K or Selling General Administrative of 15 M, as well as many indicators such as Price To Sales Ratio of 4.15, Dividend Yield of 0.0 or PTB Ratio of 4.36. Semler financial statements analysis is a perfect complement when working with Semler Scientific Valuation or Volatility modules.
  
Check out the analysis of Semler Scientific Correlation against competitors.
To learn how to invest in Semler Stock, please use our How to Invest in Semler Scientific guide.

Latest Semler Scientific's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Semler Scientific over the last few years. It is Semler Scientific's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Semler Scientific's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Very volatile
   Days Of Inventory On Hand   
       Timeline  

Semler Days Of Inventory On Hand Regression Statistics

Arithmetic Mean(108.03)
Coefficient Of Variation(138.27)
Mean Deviation131.33
Median(0.0008)
Standard Deviation149.37
Sample Variance22,311
Range418
R-Value(0.03)
Mean Square Error24,005
R-Squared0.0009
Significance0.91
Slope(1.02)
Total Sum of Squares312,357

Semler Days Of Inventory On Hand History

2024 24.42
2023 23.26
2022 40.26
2021 32.79
2020 -305.4
2019 -347.55
2018 -378.23

About Semler Scientific Financial Statements

Semler Scientific shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Semler Scientific investors may analyze each financial statement separately, they are all interrelated. The changes in Semler Scientific's assets and liabilities, for example, are also reflected in the revenues and expenses on on Semler Scientific's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 23.26  24.42 

Pair Trading with Semler Scientific

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 Semler Scientific 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 Semler Scientific will appreciate offsetting losses from the drop in the long position's value.

Moving together with Semler Stock

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Moving against Semler Stock

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

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