Mobile Total Other Income Expense Net from 2010 to 2024
BEEP Stock | 3.30 0.03 0.92% |
Total Other Income Expense Net | First Reported 2010-12-31 | Previous Quarter -33.1 M | Current Value -31.4 M | Quarterly Volatility 8.6 M |
Check Mobile Infrastructure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mobile Infrastructure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.7 M, Selling General Administrative of 14.1 M or Total Revenue of 26.2 M, as well as many indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.0108 or PTB Ratio of 0.47. Mobile financial statements analysis is a perfect complement when working with Mobile Infrastructure Valuation or Volatility modules.
Mobile | Total Other Income Expense Net |
Latest Mobile Infrastructure's Total Other Income Expense Net Growth Pattern
Below is the plot of the Total Other Income Expense Net of Mobile Infrastructure over the last few years. It is Mobile Infrastructure's Total Other Income Expense Net historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mobile Infrastructure's overall financial position and show how it may be relating to other accounts over time.
Total Other Income Expense Net | 10 Years Trend |
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Total Other Income Expense Net |
Timeline |
Mobile Total Other Income Expense Net Regression Statistics
Arithmetic Mean | (12,937,437) | |
Coefficient Of Variation | (66.72) | |
Mean Deviation | 6,380,565 | |
Median | (8,407,000) | |
Standard Deviation | 8,631,238 | |
Sample Variance | 74.5T | |
Range | 24.7M | |
R-Value | (0.70) | |
Mean Square Error | 40.4T | |
R-Squared | 0.50 | |
Significance | 0 | |
Slope | (1,359,499) | |
Total Sum of Squares | 1043T |
Mobile Total Other Income Expense Net History
About Mobile Infrastructure Financial Statements
Mobile Infrastructure shareholders use historical fundamental indicators, such as Total Other Income Expense Net, to determine how well the company is positioned to perform in the future. Although Mobile Infrastructure investors may analyze each financial statement separately, they are all interrelated. The changes in Mobile Infrastructure's assets and liabilities, for example, are also reflected in the revenues and expenses on on Mobile Infrastructure's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Total Other Income Expense Net | -33.1 M | -31.4 M |
Pair Trading with Mobile Infrastructure
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 Mobile Infrastructure 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 Mobile Infrastructure will appreciate offsetting losses from the drop in the long position's value.Moving against Mobile Stock
0.47 | B | Barnes Group | PairCorr |
0.45 | BW | Babcock Wilcox Enter | PairCorr |
0.44 | NL | NL Industries | PairCorr |
0.43 | DY | Dycom Industries | PairCorr |
0.37 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Mobile Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mobile Infrastructure 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 Mobile Infrastructure - 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 Mobile Infrastructure to buy it.
The correlation of Mobile Infrastructure 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 Mobile Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mobile Infrastructure 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 Mobile Infrastructure 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.Additional Tools for Mobile Stock Analysis
When running Mobile Infrastructure's price analysis, check to measure Mobile Infrastructure'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 Mobile Infrastructure is operating at the current time. Most of Mobile Infrastructure's value examination focuses on studying past and present price action to predict the probability of Mobile Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mobile Infrastructure's price. Additionally, you may evaluate how the addition of Mobile Infrastructure to your portfolios can decrease your overall portfolio volatility.