Insight Return On Tangible Assets from 2010 to 2024
| NSIT Stock | USD 199.60 1.61 0.81% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.05376374 | Current Value 0.0536 | Quarterly Volatility 0.01131732 |
Check Insight Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Insight Enterprises' main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.9 M, Interest Expense of 43.2 M or Total Revenue of 4.9 B, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0 or PTB Ratio of 2.38. Insight financial statements analysis is a perfect complement when working with Insight Enterprises Valuation or Volatility modules.
Insight | Return On Tangible Assets |
Latest Insight Enterprises' Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Insight Enterprises over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Insight Enterprises' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Insight Enterprises' overall financial position and show how it may be relating to other accounts over time.
| Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
| Timeline |
Insight Return On Tangible Assets Regression Statistics
| Arithmetic Mean | 0.05 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 22.36 | |
| Mean Deviation | 0.01 | |
| Median | 0.05 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.0001 | |
| Range | 0.0385 | |
| R-Value | 0.04 | |
| Mean Square Error | 0.0001 | |
| R-Squared | 0 | |
| Significance | 0.89 | |
| Slope | 0.0001 | |
| Total Sum of Squares | 0 |
Insight Return On Tangible Assets History
About Insight Enterprises Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Insight Enterprises income statement, its balance sheet, and the statement of cash flows. Insight Enterprises investors use historical funamental indicators, such as Insight Enterprises's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Insight Enterprises investors may use each financial statement separately, they are all related. The changes in Insight Enterprises's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Insight Enterprises'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 Insight Enterprises Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Insight Enterprises. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 |
Pair Trading with Insight Enterprises
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 Insight Enterprises 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 Insight Enterprises will appreciate offsetting losses from the drop in the long position's value.Moving together with Insight Stock
| 0.62 | ARW | Arrow Electronics | PairCorr |
| 0.85 | AVT | Avnet Inc Fiscal Year End 21st of August 2024 | PairCorr |
| 0.71 | SNX | Synnex Financial Report 25th of June 2024 | PairCorr |
Moving against Insight Stock
| 0.87 | CLMB | Climb Global Solutions | PairCorr |
| 0.62 | U | Unity Software | PairCorr |
| 0.6 | TAIT | Taitron Components | PairCorr |
| 0.41 | IZM | ICZOOM Group Class | PairCorr |
The ability to find closely correlated positions to Insight Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insight Enterprises 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 Insight Enterprises - 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 Insight Enterprises to buy it.
The correlation of Insight Enterprises 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 Insight Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insight Enterprises 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 Insight Enterprises 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.Additional Tools for Insight Stock Analysis
When running Insight Enterprises' price analysis, check to measure Insight Enterprises' 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 Insight Enterprises is operating at the current time. Most of Insight Enterprises' value examination focuses on studying past and present price action to predict the probability of Insight Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insight Enterprises' price. Additionally, you may evaluate how the addition of Insight Enterprises to your portfolios can decrease your overall portfolio volatility.