Unity Common Stock Total Equity from 2010 to 2024
| U Stock | USD 19.40 0.20 1.02% |
Common Stock Total Equity | First Reported 2010-12-31 | Previous Quarter 2.3 K | Current Value 1.5 K | Quarterly Volatility 492.30036214 |
Check Unity Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unity main balance sheet or income statement drivers, such as Tax Provision of 37.6 M or Net Interest Income of 24.5 M, as well as many exotic indicators such as Price To Sales Ratio of 6.76 or Dividend Yield of 0.0. Unity financial statements analysis is a perfect complement when working with Unity Software Valuation or Volatility modules.
Unity | Common Stock Total Equity |
Latest Unity Software's Common Stock Total Equity Growth Pattern
Below is the plot of the Common Stock Total Equity of Unity Software over the last few years. It is the total value of common stock equity held by shareholders, representing their ownership interest in the company. Unity Software's Common Stock Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unity Software's overall financial position and show how it may be relating to other accounts over time.
| Common Stock Total Equity | 10 Years Trend |
|
Common Stock Total Equity |
| Timeline |
Unity Common Stock Total Equity Regression Statistics
| Arithmetic Mean | 1,318 | |
| Geometric Mean | 1,246 | |
| Coefficient Of Variation | 37.36 | |
| Mean Deviation | 423.70 | |
| Median | 1,000.00 | |
| Standard Deviation | 492.30 | |
| Sample Variance | 242,360 | |
| Range | 1.3K | |
| R-Value | 0.75 | |
| Mean Square Error | 114,830 | |
| R-Squared | 0.56 | |
| Significance | 0 | |
| Slope | 82.38 | |
| Total Sum of Squares | 3.4M |
Unity Common Stock Total Equity History
About Unity Software Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Unity Software income statement, its balance sheet, and the statement of cash flows. Unity Software investors use historical funamental indicators, such as Unity Software's Common Stock Total Equity, to determine how well the company is positioned to perform in the future. Although Unity Software investors may use each financial statement separately, they are all related. The changes in Unity Software's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Unity Software'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 Unity Software Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Unity Software. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Common Stock Total Equity | 2.3 K | 1.5 K |
Pair Trading with Unity Software
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 Unity Software 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 Unity Software will appreciate offsetting losses from the drop in the long position's value.Moving against Unity Stock
| 0.75 | ML | MoneyLion Upward Rally | PairCorr |
| 0.56 | DOCU | DocuSign Financial Report 13th of June 2024 | PairCorr |
| 0.5 | DJCO | Daily Journal Corp | PairCorr |
The ability to find closely correlated positions to Unity Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unity Software 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 Unity Software - 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 Unity Software to buy it.
The correlation of Unity Software 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 Unity Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unity Software 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 Unity Software 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 Unity Software Correlation against competitors. For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Unity Stock analysis
When running Unity Software's price analysis, check to measure Unity Software'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 Unity Software is operating at the current time. Most of Unity Software's value examination focuses on studying past and present price action to predict the probability of Unity Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Software's price. Additionally, you may evaluate how the addition of Unity Software to your portfolios can decrease your overall portfolio volatility.
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Is Unity Software'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 Unity Software. If investors know Unity 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 Unity Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.24) | Revenue Per Share 5.603 | Quarterly Revenue Growth (0.08) | Return On Assets (0.07) | Return On Equity (0.24) |
The market value of Unity Software is measured differently than its book value, which is the value of Unity that is recorded on the company's balance sheet. Investors also form their own opinion of Unity Software's value that differs from its market value or its book value, called intrinsic value, which is Unity Software'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 Unity Software's market value can be influenced by many factors that don't directly affect Unity Software'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 Unity Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Software'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.