Caravelle Retained Earnings from 2010 to 2024
| HTCO Stock | USD 2.53 0.03 1.20% |
Retained Earnings | First Reported 2010-12-31 | Previous Quarter -5.7 M | Current Value -5.4 M | Quarterly Volatility 2.7 M |
Check Caravelle International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caravelle International's main balance sheet or income statement drivers, such as Tax Provision of 5 K, Interest Income of 9.3 K or Interest Expense of 109 K, as well as many indicators such as . Caravelle financial statements analysis is a perfect complement when working with Caravelle International Valuation or Volatility modules.
Caravelle | Retained Earnings |
Latest Caravelle International's Retained Earnings Growth Pattern
Below is the plot of the Retained Earnings of Caravelle International Group over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Caravelle International's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Caravelle International's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (4.96 M) | 10 Years Trend |
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Retained Earnings |
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Caravelle Retained Earnings Regression Statistics
| Arithmetic Mean | (4,006,116) | |
| Coefficient Of Variation | (67.85) | |
| Mean Deviation | 1,709,695 | |
| Median | (4,883,458) | |
| Standard Deviation | 2,718,041 | |
| Sample Variance | 7.4T | |
| Range | 10.1M | |
| R-Value | 0.26 | |
| Mean Square Error | 7.4T | |
| R-Squared | 0.07 | |
| Significance | 0.35 | |
| Slope | 157,251 | |
| Total Sum of Squares | 103.4T |
Caravelle Retained Earnings History
About Caravelle International Financial Statements
Caravelle International investors utilize fundamental indicators, such as Retained Earnings, to predict how Caravelle 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 | ||
| Retained Earnings | -5.7 M | -5.4 M |
Pair Trading with Caravelle International
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 Caravelle International 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 Caravelle International will appreciate offsetting losses from the drop in the long position's value.Moving against Caravelle Stock
| 0.92 | NMM | Navios Maritime Partners | PairCorr |
| 0.91 | GASS | StealthGas | PairCorr |
| 0.91 | GLBS | Globus Maritime | PairCorr |
| 0.9 | EDRY | EuroDry | PairCorr |
| 0.88 | SB | Safe Bulkers | PairCorr |
The ability to find closely correlated positions to Caravelle International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caravelle International 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 Caravelle International - 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 Caravelle International Group to buy it.
The correlation of Caravelle International 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 Caravelle International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caravelle International 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 Caravelle International 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 Caravelle International Correlation against competitors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Marine 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 Caravelle International. If investors know Caravelle 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 Caravelle International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 1.526 | Quarterly Revenue Growth (0.30) | Return On Assets (0.23) | Return On Equity (6.65) |
The market value of Caravelle International is measured differently than its book value, which is the value of Caravelle that is recorded on the company's balance sheet. Investors also form their own opinion of Caravelle International's value that differs from its market value or its book value, called intrinsic value, which is Caravelle International'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 Caravelle International's market value can be influenced by many factors that don't directly affect Caravelle International'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 Caravelle International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caravelle International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caravelle International'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.