Shenandoah Intangible Assets from 2010 to 2025

SHEN Stock  USD 12.87  0.21  1.66%   
Shenandoah Telecommunicatio Intangible Assets yearly trend continues to be very stable with very little volatility. Intangible Assets are likely to grow to about 107.4 M this year. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
1998-12-31
Previous Quarter
91.1 M
Current Value
90.7 M
Quarterly Volatility
137.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shenandoah Telecommunicatio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shenandoah Telecommunicatio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53 M, Interest Expense of 15.1 M or Total Revenue of 230.5 M, as well as many indicators such as Price To Sales Ratio of 2.4, Dividend Yield of 0.0081 or PTB Ratio of 0.7. Shenandoah financial statements analysis is a perfect complement when working with Shenandoah Telecommunicatio Valuation or Volatility modules.
  
Check out the analysis of Shenandoah Telecommunicatio Correlation against competitors.

Latest Shenandoah Telecommunicatio's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Shenandoah Telecommunications Co over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Shenandoah Telecommunicatio's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shenandoah Telecommunicatio's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Very volatile
   Intangible Assets   
       Timeline  

Shenandoah Intangible Assets Regression Statistics

Arithmetic Mean151,437,356
Geometric Mean88,299,748
Coefficient Of Variation92.45
Mean Deviation113,742,197
Median86,587,000
Standard Deviation140,007,121
Sample Variance19602T
Range453.9M
R-Value0.08
Mean Square Error20851T
R-Squared0.01
Significance0.75
Slope2,494,931
Total Sum of Squares294029.9T

Shenandoah Intangible Assets History

2025107.4 M
202490.7 M
202377.9 M
202278.3 M
202186.6 M
2020103.5 M
2019314.1 M

About Shenandoah Telecommunicatio Financial Statements

Shenandoah Telecommunicatio investors utilize fundamental indicators, such as Intangible Assets, to predict how Shenandoah 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 ReportedProjected for Next Year
Intangible Assets90.7 M107.4 M

Pair Trading with Shenandoah Telecommunicatio

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 Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.

Moving against Shenandoah Stock

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The ability to find closely correlated positions to Shenandoah Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio - 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 Shenandoah Telecommunications Co to buy it.
The correlation of Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio 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.
Pair CorrelationCorrelation Matching
When determining whether Shenandoah Telecommunicatio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shenandoah Telecommunicatio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shenandoah Telecommunications Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shenandoah Telecommunications Co Stock:
Check out the analysis of Shenandoah Telecommunicatio Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Wireless Telecommunication Services 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 Shenandoah Telecommunicatio. If investors know Shenandoah 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 Shenandoah Telecommunicatio 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
116.295
Dividend Share
0.1
Earnings Share
(0.59)
Revenue Per Share
6.107
Quarterly Revenue Growth
0.258
The market value of Shenandoah Telecommunicatio is measured differently than its book value, which is the value of Shenandoah that is recorded on the company's balance sheet. Investors also form their own opinion of Shenandoah Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's market value can be influenced by many factors that don't directly affect Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenandoah Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenandoah Telecommunicatio'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.