Douglas Short Term Investments vs Common Stock Analysis
DOUG Stock | USD 2.54 0.16 6.72% |
Douglas Elliman financial indicator trend analysis is much more than just examining Douglas Elliman latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Douglas Elliman is a good investment. Please check the relationship between Douglas Elliman Short Term Investments and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Douglas Elliman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Douglas Stock please use our How to Invest in Douglas Elliman guide.
Short Term Investments vs Common Stock
Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Douglas Elliman Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Douglas Elliman's Short Term Investments and Common Stock is -0.58. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Douglas Elliman, assuming nothing else is changed. The correlation between historical values of Douglas Elliman's Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Douglas Elliman are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Investments i.e., Douglas Elliman's Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Douglas Elliman balance sheet. It contains any investments Douglas Elliman undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Douglas Elliman can easily liquidate in the marketplace.Common Stock
Most indicators from Douglas Elliman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Douglas Elliman current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Douglas Elliman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Douglas Stock please use our How to Invest in Douglas Elliman guide.The Douglas Elliman's current Tax Provision is estimated to increase to about (9.7 M). The current Selling General Administrative is estimated to decrease to about 112.6 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 83K | 1.8M | 5.5M | 5.7M | Net Interest Income | 83K | 1.8M | 5.5M | 5.7M |
Douglas Elliman fundamental ratios Correlations
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Douglas Elliman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Douglas Elliman is a strong investment it is important to analyze Douglas Elliman's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Douglas Elliman's future performance. For an informed investment choice regarding Douglas Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Douglas Elliman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Douglas Stock please use our How to Invest in Douglas Elliman guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 Douglas Elliman. If investors know Douglas 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 Douglas Elliman 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 (0.75) | Earnings Share (1.02) | Revenue Per Share 11.518 | Quarterly Revenue Growth 0.059 | Return On Assets (0.07) |
The market value of Douglas Elliman is measured differently than its book value, which is the value of Douglas that is recorded on the company's balance sheet. Investors also form their own opinion of Douglas Elliman's value that differs from its market value or its book value, called intrinsic value, which is Douglas Elliman'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 Douglas Elliman's market value can be influenced by many factors that don't directly affect Douglas Elliman'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 Douglas Elliman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Douglas Elliman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Douglas Elliman'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.