CommVault Other Liab from 2010 to 2024

CVLT Stock  USD 114.72  0.95  0.82%   
CommVault Systems Other Liabilities yearly trend continues to be comparatively stable with very little volatility. Other Liabilities is likely to outpace its year average in 2024. From the period from 2010 to 2024, CommVault Systems Other Liabilities quarterly data regression had r-value of  0.99 and coefficient of variation of  53.01. View All Fundamentals
 
Other Liabilities  
First Reported
2004-03-31
Previous Quarter
170.6 M
Current Value
178.2 M
Quarterly Volatility
46.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CommVault Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CommVault Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.4 M, Interest Expense of 394.2 K or Total Revenue of 480.1 M, as well as many indicators such as Price To Sales Ratio of 4.83, Dividend Yield of 0.0 or PTB Ratio of 16.64. CommVault financial statements analysis is a perfect complement when working with CommVault Systems Valuation or Volatility modules.
  
Check out the analysis of CommVault Systems Correlation against competitors.
For more information on how to buy CommVault Stock please use our How to Invest in CommVault Systems guide.

Latest CommVault Systems' Other Liab Growth Pattern

Below is the plot of the Other Liab of CommVault Systems over the last few years. It is CommVault Systems' Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CommVault Systems' overall financial position and show how it may be relating to other accounts over time.
Other Liab10 Years Trend
Slightly volatile
   Other Liab   
       Timeline  

CommVault Other Liab Regression Statistics

Arithmetic Mean82,645,779
Geometric Mean63,966,274
Coefficient Of Variation53.01
Mean Deviation37,451,394
Median90,405,000
Standard Deviation43,806,971
Sample Variance1919.1T
Range143.4M
R-Value0.99
Mean Square Error60.7T
R-Squared0.97
Slope9,650,518
Total Sum of Squares26866.7T

CommVault Other Liab History

2024146.7 M
2023139.7 M
2020121.5 M
201995.8 M
2018104.8 M
201790.4 M
201675 M

About CommVault Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CommVault Systems income statement, its balance sheet, and the statement of cash flows. CommVault Systems investors use historical funamental indicators, such as CommVault Systems's Other Liab, to determine how well the company is positioned to perform in the future. Although CommVault Systems investors may use each financial statement separately, they are all related. The changes in CommVault Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CommVault Systems'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 CommVault Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CommVault Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Liabilities139.7 M146.7 M

Pair Trading with CommVault Systems

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 CommVault Systems 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 CommVault Systems will appreciate offsetting losses from the drop in the long position's value.

Moving against CommVault Stock

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The ability to find closely correlated positions to CommVault Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CommVault Systems 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 CommVault Systems - 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 CommVault Systems to buy it.
The correlation of CommVault Systems 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 CommVault Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CommVault Systems 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 CommVault Systems 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

Additional Tools for CommVault Stock Analysis

When running CommVault Systems' price analysis, check to measure CommVault Systems' 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 CommVault Systems is operating at the current time. Most of CommVault Systems' value examination focuses on studying past and present price action to predict the probability of CommVault Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CommVault Systems' price. Additionally, you may evaluate how the addition of CommVault Systems to your portfolios can decrease your overall portfolio volatility.