Diamondrock Cash And Short Term Investments from 2010 to 2024
| DRH Stock | USD 8.52 0.10 1.19% |
Cash And Short Term Investments | First Reported 2005-03-31 | Previous Quarter 121.6 M | Current Value 165.2 M | Quarterly Volatility 78.2 M |
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.
Diamondrock | Cash And Short Term Investments |
Latest Diamondrock Hospitality's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Diamondrock Hospitality over the last few years. Short Term Investments is an account in the current assets section of Diamondrock Hospitality balance sheet. This account contains Diamondrock Hospitality investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Diamondrock Hospitality fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Diamondrock Hospitality's Cash And Short Term Investments 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.
| Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
| Timeline |
Diamondrock Cash And Short Term Investments Regression Statistics
| Arithmetic Mean | 110,105,738 | |
| Geometric Mean | 84,249,298 | |
| Coefficient Of Variation | 62.36 | |
| Mean Deviation | 53,902,147 | |
| Median | 111,796,000 | |
| Standard Deviation | 68,667,115 | |
| Sample Variance | 4715.2T | |
| Range | 233.5M | |
| R-Value | 0.03 | |
| Mean Square Error | 5072.1T | |
| R-Squared | 0 | |
| Significance | 0.91 | |
| Slope | 515,864 | |
| Total Sum of Squares | 66012.4T |
Diamondrock Cash And Short Term Investments History
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 Cash And Short Term Investments, 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 Reported | Projected for Next Year | ||
| Cash And Short Term Investments | 121.6 M | 103.5 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.Moving together with Diamondrock Stock
| 0.65 | FR | First Industrial Realty | PairCorr |
Moving against Diamondrock Stock
| 0.61 | ELME | Elme Communities | PairCorr |
| 0.51 | HR | Healthcare Realty Trust Financial Report 14th of May 2024 | PairCorr |
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.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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Diamondrock Stock analysis
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.