DXC Return On Assets from 2010 to 2024
DXC Stock | USD 20.42 0.28 1.39% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.04) | Current Value (0.04) | Quarterly Volatility 0.12016506 |
Check DXC Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DXC main balance sheet or income statement drivers, such as Depreciation And Amortization of 910.4 M, Interest Expense of 129.3 M or Total Revenue of 11.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 4.0E-4 or PTB Ratio of 1.01. DXC financial statements analysis is a perfect complement when working with DXC Technology Valuation or Volatility modules.
DXC | Return On Assets |
Latest DXC Technology's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of DXC Technology Co over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. DXC Technology's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DXC Technology's overall financial position and show how it may be relating to other accounts over time.
Return On Assets | 10 Years Trend |
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Return On Assets |
Timeline |
DXC Return On Assets Regression Statistics
Arithmetic Mean | (0.02) | |
Geometric Mean | 0.04 | |
Coefficient Of Variation | (493.08) | |
Mean Deviation | 0.08 | |
Median | (0.0008) | |
Standard Deviation | 0.12 | |
Sample Variance | 0.01 | |
Range | 0.4645 | |
R-Value | 0.03 | |
Mean Square Error | 0.02 | |
R-Squared | 0 | |
Significance | 0.90 | |
Slope | 0.0009 | |
Total Sum of Squares | 0.20 |
DXC Return On Assets History
About DXC Technology Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include DXC Technology income statement, its balance sheet, and the statement of cash flows. DXC Technology investors use historical funamental indicators, such as DXC Technology's Return On Assets, to determine how well the company is positioned to perform in the future. Although DXC Technology investors may use each financial statement separately, they are all related. The changes in DXC Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DXC Technology'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 DXC Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DXC Technology. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Assets | (0.04) | (0.04) |
Pair Trading with DXC Technology
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 DXC Technology 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 DXC Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with DXC Stock
0.68 | G | Genpact Limited Sell-off Trend | PairCorr |
Moving against DXC Stock
0.69 | PSN | Parsons Corp Financial Report 1st of May 2024 | PairCorr |
0.67 | FIS | Fidelity National Financial Report 25th of April 2024 | PairCorr |
0.64 | DTST | Data Storage Corp | PairCorr |
0.57 | FI | Fiserv Inc Earnings Call Today | PairCorr |
0.57 | JFU | 9F Inc Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to DXC Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXC Technology 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 DXC Technology - 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 DXC Technology Co to buy it.
The correlation of DXC Technology 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 DXC Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXC Technology 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 DXC Technology 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 DXC Technology Correlation against competitors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for DXC Stock analysis
When running DXC Technology's price analysis, check to measure DXC Technology'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 DXC Technology is operating at the current time. Most of DXC Technology's value examination focuses on studying past and present price action to predict the probability of DXC Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXC Technology's price. Additionally, you may evaluate how the addition of DXC Technology to your portfolios can decrease your overall portfolio volatility.
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Is DXC Technology'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 DXC Technology. If investors know DXC 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 DXC Technology 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 2.24 | Earnings Share (1.85) | Revenue Per Share 67.173 | Quarterly Revenue Growth (0.05) | Return On Assets (0.03) |
The market value of DXC Technology is measured differently than its book value, which is the value of DXC that is recorded on the company's balance sheet. Investors also form their own opinion of DXC Technology's value that differs from its market value or its book value, called intrinsic value, which is DXC Technology'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 DXC Technology's market value can be influenced by many factors that don't directly affect DXC Technology'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 DXC Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if DXC Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXC Technology'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.