New Days Of Inventory Outstanding from 2010 to 2025
| NEN Stock | USD 83.75 0.25 0.30% |
Days Of Inventory Outstanding | First Reported 2010-12-31 | Previous Quarter 285.71 | Current Value 236 | Quarterly Volatility 23.23319384 |
Check New England financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New England's main balance sheet or income statement drivers, such as Interest Expense of 7.8 M, Total Revenue of 83.8 M or Gross Profit of 75.6 M, as well as many indicators such as Price To Sales Ratio of 4.26, Dividend Yield of 0.0294 or Days Sales Outstanding of 8.81. New financial statements analysis is a perfect complement when working with New England Valuation or Volatility modules.
New | Days Of Inventory Outstanding |
Latest New England's Days Of Inventory Outstanding Growth Pattern
Below is the plot of the Days Of Inventory Outstanding of New England Realty over the last few years. It is New England's Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New England's overall financial position and show how it may be relating to other accounts over time.
| Days Of Inventory Outstanding | 10 Years Trend |
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Days Of Inventory Outstanding |
| Timeline |
New Days Of Inventory Outstanding Regression Statistics
| Arithmetic Mean | 307.57 | |
| Geometric Mean | 306.64 | |
| Coefficient Of Variation | 7.55 | |
| Mean Deviation | 16.06 | |
| Median | 317.46 | |
| Standard Deviation | 23.23 | |
| Sample Variance | 539.78 | |
| Range | 81.455 | |
| R-Value | (0.29) | |
| Mean Square Error | 529.84 | |
| R-Squared | 0.08 | |
| Significance | 0.28 | |
| Slope | (1.41) | |
| Total Sum of Squares | 8,097 |
New Days Of Inventory Outstanding History
About New England Financial Statements
New England investors utilize fundamental indicators, such as Days Of Inventory Outstanding, to predict how New 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 | ||
| Days Of Inventory Outstanding | 285.71 | 236.00 |
Pair Trading with New England
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 New England 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 New England will appreciate offsetting losses from the drop in the long position's value.Moving against New Stock
| 0.42 | KW | Kennedy Wilson Holdings | PairCorr |
| 0.39 | HR | Healthcare Realty Trust | PairCorr |
| 0.38 | VNO-PO | Vornado Realty Trust | PairCorr |
| 0.35 | O | Realty Income | PairCorr |
| 0.33 | VICI | VICI Properties | PairCorr |
The ability to find closely correlated positions to New England could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New England 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 New England - 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 New England Realty to buy it.
The correlation of New England 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 New England moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New England Realty 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 New England 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 New England Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Real Estate Management & Development 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 New England. If investors know New 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 New England 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 0.85 | Earnings Share 4.42 | Revenue Per Share | Quarterly Revenue Growth 0.012 | Return On Assets |
The market value of New England Realty is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New England's value that differs from its market value or its book value, called intrinsic value, which is New England'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 New England's market value can be influenced by many factors that don't directly affect New England'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 New England's value and its price as these two are different measures arrived at by different means. Investors typically determine if New England is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New England'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.