Data Begin Period Cash Flow vs Sale Purchase Of Stock Analysis
DTST Stock | USD 5.70 0.10 1.79% |
Data Storage financial indicator trend analysis is much more than just examining Data Storage Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Data Storage Corp is a good investment. Please check the relationship between Data Storage Begin Period Cash Flow and its Sale Purchase Of Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.
Begin Period Cash Flow vs Sale Purchase Of Stock
Begin Period Cash Flow vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Storage Corp Begin Period Cash Flow account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Data Storage's Begin Period Cash Flow and Sale Purchase Of Stock is -0.02. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Data Storage Corp, assuming nothing else is changed. The correlation between historical values of Data Storage's Begin Period Cash Flow and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Data Storage Corp are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Begin Period Cash Flow i.e., Data Storage's Begin Period Cash Flow and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Sale Purchase Of Stock
Most indicators from Data Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Data Storage Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.At this time, Data Storage's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to 0.00 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 126.7K | 130.1K | 74.5K | 70.8K | Depreciation And Amortization | 1.3M | 1.2M | 1.4M | 736.2K |
Data Storage fundamental ratios Correlations
Click cells to compare fundamentals
Data Storage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Data Storage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3M | 7.8M | 26.3M | 24.1M | 23.3M | 24.5M | |
Other Current Liab | 971.0K | 1.1M | 2.4M | 880.5K | 3.1M | 3.3M | |
Total Current Liabilities | 3.7M | 4.4M | 3.0M | 4.5M | 3.5M | 3.2M | |
Total Stockholder Equity | 1.8M | 2.0M | 22.7M | 19.1M | 20.0M | 21.0M | |
Property Plant And Equipment Net | 2.5M | 2.5M | 2.4M | 2.4M | 2.8M | 1.5M | |
Net Debt | 3.0M | 2.4M | (10.1M) | (636.3K) | (827.3K) | (785.9K) | |
Retained Earnings | (15.8M) | (15.7M) | (15.5M) | (19.9M) | (19.5M) | (20.5M) | |
Accounts Payable | 906.7K | 979.6K | 1.3M | 3.2M | 2.6M | 2.7M | |
Cash | 326.6K | 893.6K | 12.1M | 2.3M | 1.4M | 1.2M | |
Non Current Assets Total | 6.2M | 6.1M | 11.3M | 8.7M | 8.8M | 5.3M | |
Cash And Short Term Investments | 326.6K | 893.6K | 12.1M | 11.3M | 12.7M | 13.4M | |
Net Receivables | 691.4K | 554.6K | 2.4M | 3.5M | 1.3M | 752.7K | |
Common Stock Shares Outstanding | 3.2M | 3.4M | 6.3M | 6.8M | 7.2M | 7.6M | |
Liabilities And Stockholders Equity | 7.3M | 7.8M | 26.3M | 24.1M | 23.3M | 24.5M | |
Non Current Liabilities Total | 1.9M | 1.5M | 748.4K | 609.3K | 37.9K | 36.0K | |
Other Stockholder Equity | 17.5M | 17.6M | 38.2M | 39.0M | 39.5M | 20.0M | |
Total Liab | 5.6M | 5.8M | 3.7M | 5.1M | 3.5M | 4.4M | |
Property Plant And Equipment Gross | 2.5M | 2.5M | 7.0M | 7.4M | 7.9M | 8.3M | |
Total Current Assets | 1.1M | 1.7M | 15.1M | 15.4M | 14.5M | 15.2M | |
Common Stock | 128.4K | 128.5K | 6.7K | 6.8K | 6.9K | 6.5K | |
Short Long Term Debt Total | 3.3M | 3.3M | 2.0M | 1.7M | 601.5K | 571.4K | |
Current Deferred Revenue | 432.9K | 461.9K | 366.9K | 281.1K | 336.2K | 500.9K | |
Short Term Debt | 1.4M | 1.8M | 1.3M | 1.0M | 563.5K | 1.0M | |
Intangible Assets | 649.9K | 455.9K | 2.3M | 2.0M | 1.7M | 968.8K | |
Other Current Assets | 80.7K | 239.5K | 536.4K | 41.3K | 513.2K | 538.8K | |
Net Tangible Assets | (2.1M) | (1.9M) | (1.5M) | 13.9M | 16.0M | 16.8M | |
Property Plant Equipment | 1.3M | 2.5M | 2.5M | 2.4M | 2.7M | 1.6M | |
Capital Lease Obligations | 2.9M | 2.8M | 2.0M | 1.7M | 601.5K | 571.4K | |
Net Invested Capital | 2.2M | 2.5M | 22.7M | 19.1M | 20.0M | 11.1M | |
Net Working Capital | (2.6M) | (2.7M) | 12.1M | 10.9M | 11.0M | 11.6M | |
Capital Stock | 129.8K | 129.9K | 6.7K | 6.8K | 6.9K | 6.5K |
Pair Trading with Data Storage
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 Data Storage 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 Data Storage will appreciate offsetting losses from the drop in the long position's value.Moving together with Data Stock
0.72 | FI | Fiserv Inc Symbol Change | PairCorr |
Moving against Data Stock
0.52 | DMRC | Digimarc | PairCorr |
0.43 | G | Genpact Limited Buyout Trend | PairCorr |
The ability to find closely correlated positions to Data Storage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Data Storage 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 Data Storage - 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 Data Storage Corp to buy it.
The correlation of Data Storage 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 Data Storage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Data Storage 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 Data Storage 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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When running Data Storage's price analysis, check to measure Data Storage'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 Data Storage is operating at the current time. Most of Data Storage's value examination focuses on studying past and present price action to predict the probability of Data Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data Storage's price. Additionally, you may evaluate how the addition of Data Storage to your portfolios can decrease your overall portfolio volatility.
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Is Data Storage'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 Data Storage. If investors know Data 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 Data Storage 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 (0.63) | Earnings Share 0.05 | Revenue Per Share 3.648 | Quarterly Revenue Growth 0.037 | Return On Assets (0) |
The market value of Data Storage Corp is measured differently than its book value, which is the value of Data that is recorded on the company's balance sheet. Investors also form their own opinion of Data Storage's value that differs from its market value or its book value, called intrinsic value, which is Data Storage'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 Data Storage's market value can be influenced by many factors that don't directly affect Data Storage'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 Data Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Data Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data Storage'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.