Fidus Tax Provision from 2010 to 2024
| FDUS Stock | USD 20.00 0.12 0.60% |
Tax Provision | First Reported 2019-03-31 | Previous Quarter 1.1 M | Current Value -76 K | Quarterly Volatility 2.6 M |
Check Fidus Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fidus main balance sheet or income statement drivers, such as Interest Expense of 12.7 M, Selling General Administrative of 6 M or Total Revenue of 161.9 M, as well as many exotic indicators such as Price To Sales Ratio of 3.2, Dividend Yield of 0.08 or PTB Ratio of 1.28. Fidus financial statements analysis is a perfect complement when working with Fidus Investment Valuation or Volatility modules.
Fidus | Tax Provision |
Latest Fidus Investment's Tax Provision Growth Pattern
Below is the plot of the Tax Provision of Fidus Investment Corp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Fidus Investment's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fidus Investment's overall financial position and show how it may be relating to other accounts over time.
| Tax Provision | 10 Years Trend |
|
Tax Provision |
| Timeline |
Fidus Tax Provision Regression Statistics
| Arithmetic Mean | 3,361,723 | |
| Geometric Mean | 1,226,452 | |
| Coefficient Of Variation | 151.35 | |
| Mean Deviation | 3,876,891 | |
| Median | 630,000 | |
| Standard Deviation | 5,088,073 | |
| Sample Variance | 25.9T | |
| Range | 13.7M | |
| R-Value | 0.77 | |
| Mean Square Error | 11.5T | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | 872,671 | |
| Total Sum of Squares | 362.4T |
Fidus Tax Provision History
About Fidus Investment Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Fidus Investment income statement, its balance sheet, and the statement of cash flows. Fidus Investment investors use historical funamental indicators, such as Fidus Investment's Tax Provision, to determine how well the company is positioned to perform in the future. Although Fidus Investment investors may use each financial statement separately, they are all related. The changes in Fidus Investment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fidus Investment'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 Fidus Investment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Fidus Investment. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Tax Provision | 13.3 M | 14 M |
Pair Trading with Fidus Investment
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 Fidus Investment 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 Fidus Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Fidus Stock
| 0.62 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
| 0.81 | DPCS | DP Cap Acquisition | PairCorr |
Moving against Fidus Stock
| 0.67 | ECPG | Encore Capital Group | PairCorr |
| 0.64 | AMK | AssetMark Financial | PairCorr |
| 0.55 | NMR | Nomura Holdings ADR | PairCorr |
| 0.47 | PX | P10 Inc | PairCorr |
| 0.46 | PT | Pintec Technology | PairCorr |
The ability to find closely correlated positions to Fidus Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidus Investment 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 Fidus Investment - 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 Fidus Investment Corp to buy it.
The correlation of Fidus Investment 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 Fidus Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidus Investment Corp 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 Fidus Investment 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 Fidus Investment Correlation against competitors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Fidus Stock analysis
When running Fidus Investment's price analysis, check to measure Fidus Investment'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 Fidus Investment is operating at the current time. Most of Fidus Investment's value examination focuses on studying past and present price action to predict the probability of Fidus Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidus Investment's price. Additionally, you may evaluate how the addition of Fidus Investment to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Fidus Investment'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 Fidus Investment. If investors know Fidus 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 Fidus Investment 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 0.047 | Dividend Share 1.68 | Earnings Share 2.96 | Revenue Per Share 4.871 | Quarterly Revenue Growth 0.193 |
The market value of Fidus Investment Corp is measured differently than its book value, which is the value of Fidus that is recorded on the company's balance sheet. Investors also form their own opinion of Fidus Investment's value that differs from its market value or its book value, called intrinsic value, which is Fidus Investment'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 Fidus Investment's market value can be influenced by many factors that don't directly affect Fidus Investment'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 Fidus Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidus Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidus Investment'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.