Crane Research And Ddevelopement To Revenue from 2010 to 2024
CR Stock | USD 159.67 4.74 2.88% |
Research And Ddevelopement To Revenue | First Reported 2010-12-31 | Previous Quarter 0.02679256 | Current Value 0.0254 | Quarterly Volatility 0.00325035 |
Check Crane financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crane's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.7 M, Total Revenue of 2.3 B or Gross Profit of 729.3 M, as well as many indicators such as Price To Sales Ratio of 3.37, Dividend Yield of 0.0081 or PTB Ratio of 5.18. Crane financial statements analysis is a perfect complement when working with Crane Valuation or Volatility modules.
Crane | Research And Ddevelopement To Revenue |
Latest Crane's Research And Ddevelopement To Revenue Growth Pattern
Below is the plot of the Research And Ddevelopement To Revenue of Crane Company over the last few years. It is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. Crane's Research And Ddevelopement To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Crane's overall financial position and show how it may be relating to other accounts over time.
Research And Ddevelopement To Revenue | 10 Years Trend |
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Research And Ddevelopement To Revenue |
Timeline |
Crane Research And Ddevelopement To Revenue Regression Statistics
Arithmetic Mean | 0.02 | |
Geometric Mean | 0.02 | |
Coefficient Of Variation | 13.76 | |
Mean Deviation | 0 | |
Median | 0.03 | |
Standard Deviation | 0 | |
Sample Variance | 0.000011 | |
Range | 0.0122 | |
R-Value | (0.12) | |
Mean Square Error | 0.000011 | |
R-Squared | 0.01 | |
Significance | 0.66 | |
Slope | (0.000089) | |
Total Sum of Squares | 0.0001 |
Crane Research And Ddevelopement To Revenue History
About Crane Financial Statements
Crane shareholders use historical fundamental indicators, such as Research And Ddevelopement To Revenue, to determine how well the company is positioned to perform in the future. Although Crane investors may analyze each financial statement separately, they are all interrelated. The changes in Crane's assets and liabilities, for example, are also reflected in the revenues and expenses on on Crane'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 | ||
Research And Ddevelopement To Revenue | 0.03 | 0.03 |
Pair Trading with Crane
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 Crane 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 Crane will appreciate offsetting losses from the drop in the long position's value.Moving together with Crane Stock
Moving against Crane Stock
0.84 | CYD | China Yuchai Interna | PairCorr |
0.65 | AOS | Smith AO | PairCorr |
0.58 | MKDWW | MKDWELL Tech Warrants | PairCorr |
0.35 | RR | Richtech Robotics Class Buyout Trend | PairCorr |
The ability to find closely correlated positions to Crane could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crane 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 Crane - 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 Crane Company to buy it.
The correlation of Crane 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 Crane moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crane Company 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 Crane 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 Crane Stock Analysis
When running Crane's price analysis, check to measure Crane'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 Crane is operating at the current time. Most of Crane's value examination focuses on studying past and present price action to predict the probability of Crane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane's price. Additionally, you may evaluate how the addition of Crane to your portfolios can decrease your overall portfolio volatility.