Two Other Operating Expenses from 2010 to 2025

TWO Stock  USD 13.21  0.26  1.93%   
Two Harbors Other Operating Expenses yearly trend continues to be very stable with very little volatility. Other Operating Expenses is likely to grow to about 536.6 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2007-09-30
Previous Quarter
38.6 M
Current Value
348.8 M
Quarterly Volatility
246.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Two Harbors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Two Harbors' main balance sheet or income statement drivers, such as Depreciation And Amortization of 99.1 M, Interest Expense of 638.2 M or Other Operating Expenses of 536.6 M, as well as many indicators such as Price To Sales Ratio of 5.66, Dividend Yield of 0.0367 or PTB Ratio of 0.77. Two financial statements analysis is a perfect complement when working with Two Harbors Valuation or Volatility modules.
  
Check out the analysis of Two Harbors Correlation against competitors.

Latest Two Harbors' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Two Harbors Investments over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Two Harbors Investments. It is also known as Two Harbors overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Two Harbors' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Two Harbors' overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Two Other Operating Expenses Regression Statistics

Arithmetic Mean178,130,709
Geometric Mean78,829,345
Coefficient Of Variation103.53
Mean Deviation147,744,939
Median109,727,000
Standard Deviation184,427,126
Sample Variance34013.4T
Range536.4M
R-Value0.44
Mean Square Error29487.6T
R-Squared0.19
Significance0.09
Slope16,923,224
Total Sum of Squares510200.5T

Two Other Operating Expenses History

2025536.6 M
2024511 M
2023115.2 M
2022176.8 M
202163.8 M
202039.1 M
201960.4 M

About Two Harbors Financial Statements

Two Harbors investors utilize fundamental indicators, such as Other Operating Expenses, to predict how Two 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
Other Operating Expenses511 M536.6 M

Pair Trading with Two Harbors

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 Two Harbors 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 Two Harbors will appreciate offsetting losses from the drop in the long position's value.

Moving together with Two Stock

  0.86V Visa Class APairCorr

Moving against Two Stock

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  0.54MC MoelisPairCorr
The ability to find closely correlated positions to Two Harbors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Two Harbors 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 Two Harbors - 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 Two Harbors Investments to buy it.
The correlation of Two Harbors 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 Two Harbors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Two Harbors Investments 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 Two Harbors 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 Two Harbors Investments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Two Harbors' 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 Two Harbors Investments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Two Harbors Investments Stock:
Check out the analysis of Two Harbors Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Mortgage Real Estate Investment Trusts (REITs) 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 Two Harbors. If investors know Two 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 Two Harbors 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
(0.76)
Dividend Share
1.8
Earnings Share
2.37
Revenue Per Share
6.007
Quarterly Revenue Growth
(0.43)
The market value of Two Harbors Investments is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Harbors' value that differs from its market value or its book value, called intrinsic value, which is Two Harbors' 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 Two Harbors' market value can be influenced by many factors that don't directly affect Two Harbors' 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 Two Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Harbors' 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.