Analog Change To Inventory from 2010 to 2024
| ADI Stock | USD 199.63 3.14 1.60% |
Change To Inventory | First Reported 1989-07-31 | Previous Quarter -242.3 M | Current Value -242.3 M | Quarterly Volatility 119.6 M |
Check Analog Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Analog main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 319.6 M or Selling General Administrative of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 8.19, Dividend Yield of 0.0178 or PTB Ratio of 2.64. Analog financial statements analysis is a perfect complement when working with Analog Devices Valuation or Volatility modules.
Analog | Change To Inventory |
Latest Analog Devices' Change To Inventory Growth Pattern
Below is the plot of the Change To Inventory of Analog Devices over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Analog Devices' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Analog Devices' overall financial position and show how it may be relating to other accounts over time.
| Change To Inventory | 10 Years Trend |
|
Change To Inventory |
| Timeline |
Analog Change To Inventory Regression Statistics
| Arithmetic Mean | (86,108,850) | |
| Coefficient Of Variation | (162.33) | |
| Mean Deviation | 105,843,113 | |
| Median | (35,557,000) | |
| Standard Deviation | 139,784,011 | |
| Sample Variance | 19539.6T | |
| Range | 508.9M | |
| R-Value | (0.70) | |
| Mean Square Error | 10745.8T | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | (21,864,750) | |
| Total Sum of Squares | 273554T |
Analog Change To Inventory History
About Analog Devices Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Analog Devices income statement, its balance sheet, and the statement of cash flows. Analog Devices investors use historical funamental indicators, such as Analog Devices's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Analog Devices investors may use each financial statement separately, they are all related. The changes in Analog Devices's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Analog Devices's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Analog Devices Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Analog Devices. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Change To Inventory | -218.1 M | -207.2 M |
Pair Trading with Analog Devices
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 Analog Devices 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 Analog Devices will appreciate offsetting losses from the drop in the long position's value.Moving against Analog Stock
| 0.41 | ZS | Zscaler Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Analog Devices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Analog Devices 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 Analog Devices - 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 Analog Devices to buy it.
The correlation of Analog Devices 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 Analog Devices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Analog Devices 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 Analog Devices 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 Analog Devices Correlation against competitors. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.Note that the Analog Devices information on this page should be used as a complementary analysis to other Analog Devices' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Analog Stock analysis
When running Analog Devices' price analysis, check to measure Analog Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Analog Devices is operating at the current time. Most of Analog Devices' value examination focuses on studying past and present price action to predict the probability of Analog Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Analog Devices' price. Additionally, you may evaluate how the addition of Analog Devices to your portfolios can decrease your overall portfolio volatility.
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Is Analog Devices' industry 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 Analog Devices. If investors know Analog 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 Analog Devices 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 (0.51) | Dividend Share 3.5 | Earnings Share 5.6 | Revenue Per Share 23.165 | Quarterly Revenue Growth (0.23) |
The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' 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 Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' 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 Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' 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.