Hafnia Cost Of Revenue from 2010 to 2024
HAFN Stock | 5.55 0.06 1.07% |
Cost Of Revenue | First Reported 2010-12-31 | Previous Quarter 1.6 B | Current Value 1.2 B | Quarterly Volatility 256.5 M |
Check Hafnia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hafnia's main balance sheet or income statement drivers, such as Selling General Administrative of 17.8 M, Tax Provision of 5.5 M or Interest Income of 18.5 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0756 or PTB Ratio of 1.46. Hafnia financial statements analysis is a perfect complement when working with Hafnia Valuation or Volatility modules.
Hafnia | Cost Of Revenue |
Latest Hafnia's Cost Of Revenue Growth Pattern
Below is the plot of the Cost Of Revenue of Hafnia Limited over the last few years. Cost of Revenue is found on Hafnia Limited income statement and represents the costs associated with goods and services Hafnia provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Hafnia's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hafnia's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue | 10 Years Trend |
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Cost Of Revenue |
Timeline |
Hafnia Cost Of Revenue Regression Statistics
Arithmetic Mean | 833,300,314 | |
Geometric Mean | 806,398,214 | |
Coefficient Of Variation | 30.78 | |
Mean Deviation | 179,700,658 | |
Median | 716,473,181 | |
Standard Deviation | 256,469,776 | |
Sample Variance | 65776.7T | |
Range | 892.1M | |
R-Value | 0.65 | |
Mean Square Error | 40730.9T | |
R-Squared | 0.43 | |
Significance | 0.01 | |
Slope | 37,386,637 | |
Total Sum of Squares | 920874.4T |
Hafnia Cost Of Revenue History
About Hafnia Financial Statements
Hafnia investors utilize fundamental indicators, such as Cost Of Revenue, to predict how Hafnia 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 | ||
Cost Of Revenue | 1.6 B | 1.2 B |
Pair Trading with Hafnia
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 Hafnia 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 Hafnia will appreciate offsetting losses from the drop in the long position's value.Moving together with Hafnia Stock
Moving against Hafnia Stock
0.77 | SB-PC | Safe Bulkers | PairCorr |
0.74 | SB-PD | Safe Bulkers | PairCorr |
0.51 | ZIM | ZIM Integrated Shipping | PairCorr |
The ability to find closely correlated positions to Hafnia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hafnia 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 Hafnia - 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 Hafnia Limited to buy it.
The correlation of Hafnia 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 Hafnia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hafnia Limited 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 Hafnia 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 Hafnia Correlation against competitors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Storage & Transportation 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 Hafnia. If investors know Hafnia 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 Hafnia 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 (0.37) | Dividend Share 0.97 | Revenue Per Share 5.289 | Quarterly Revenue Growth 0.741 | Return On Assets 0.1275 |
The market value of Hafnia Limited is measured differently than its book value, which is the value of Hafnia that is recorded on the company's balance sheet. Investors also form their own opinion of Hafnia's value that differs from its market value or its book value, called intrinsic value, which is Hafnia'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 Hafnia's market value can be influenced by many factors that don't directly affect Hafnia'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 Hafnia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hafnia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hafnia'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.