Diamondrock Non Operating Income Net Other from 2010 to 2024

DRH Stock  USD 8.51  0.01  0.12%   
Diamondrock Hospitality's Non Operating Income Net Other is decreasing with slightly volatile movements from year to year. Non Operating Income Net Other is estimated to finish at about -9.6 M this year. For the period between 2010 and 2024, Diamondrock Hospitality, Non Operating Income Net Other quarterly trend regression had mean deviation of  12,001,002 and range of 101 M. View All Fundamentals
 
Non Operating Income Net Other  
First Reported
2010-06-30
Previous Quarter
423 K
Current Value
522 K
Quarterly Volatility
7.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondrock Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondrock main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.1 M, Interest Expense of 61.8 M or Total Revenue of 760.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0418 or PTB Ratio of 0.9. Diamondrock financial statements analysis is a perfect complement when working with Diamondrock Hospitality Valuation or Volatility modules.
  
This module can also supplement Diamondrock Hospitality's financial leverage analysis and stock options assessment as well as various Diamondrock Hospitality Technical models . Check out the analysis of Diamondrock Hospitality Correlation against competitors.
For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.

Latest Diamondrock Hospitality's Non Operating Income Net Other Growth Pattern

Below is the plot of the Non Operating Income Net Other of Diamondrock Hospitality over the last few years. It is Diamondrock Hospitality's Non Operating Income Net Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondrock Hospitality's overall financial position and show how it may be relating to other accounts over time.
Non Operating Income Net Other10 Years Trend
Slightly volatile
   Non Operating Income Net Other   
       Timeline  

Diamondrock Non Operating Income Net Other Regression Statistics

Arithmetic Mean5,638,243
Geometric Mean2,722,394
Coefficient Of Variation426.41
Mean Deviation12,001,002
Median782,000
Standard Deviation24,041,754
Sample Variance578T
Range101M
R-Value(0.33)
Mean Square Error553.9T
R-Squared0.11
Significance0.23
Slope(1,784,391)
Total Sum of Squares8092.1T

Diamondrock Non Operating Income Net Other History

2024-9.6 M
2023-10.1 M
2022-11.2 M
2021947 K
2020391 K
2019-1.2 M
20181.8 M

About Diamondrock Hospitality Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Diamondrock Hospitality income statement, its balance sheet, and the statement of cash flows. Diamondrock Hospitality investors use historical funamental indicators, such as Diamondrock Hospitality's Non Operating Income Net Other, to determine how well the company is positioned to perform in the future. Although Diamondrock Hospitality investors may use each financial statement separately, they are all related. The changes in Diamondrock Hospitality's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Diamondrock Hospitality'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 Diamondrock Hospitality Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Diamondrock Hospitality. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Operating Income Net Other-10.1 M-9.6 M

Pair Trading with Diamondrock Hospitality

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 Diamondrock Hospitality 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 Diamondrock Hospitality will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Diamondrock Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamondrock Hospitality 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 Diamondrock Hospitality - 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 Diamondrock Hospitality to buy it.
The correlation of Diamondrock Hospitality 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 Diamondrock Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamondrock Hospitality 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 Diamondrock Hospitality 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 Diamondrock Hospitality offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamondrock Hospitality'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 Diamondrock Hospitality Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamondrock Hospitality Stock:
Check out the analysis of Diamondrock Hospitality Correlation against competitors.
For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Diamondrock Hospitality's price analysis, check to measure Diamondrock Hospitality's 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 Diamondrock Hospitality is operating at the current time. Most of Diamondrock Hospitality's value examination focuses on studying past and present price action to predict the probability of Diamondrock Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondrock Hospitality's price. Additionally, you may evaluate how the addition of Diamondrock Hospitality to your portfolios can decrease your overall portfolio volatility.
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Is Diamondrock Hospitality's 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 Diamondrock Hospitality. If investors know Diamondrock 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 Diamondrock Hospitality 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
(0.07)
Dividend Share
0.12
Earnings Share
0.36
Revenue Per Share
5.141
Quarterly Revenue Growth
0.053
The market value of Diamondrock Hospitality is measured differently than its book value, which is the value of Diamondrock that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondrock Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Diamondrock Hospitality'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 Diamondrock Hospitality's market value can be influenced by many factors that don't directly affect Diamondrock Hospitality'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 Diamondrock Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondrock Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondrock Hospitality'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.