Duke Return On Tangible Assets from 2010 to 2024
| DUK Stock | USD 97.71 1.32 1.33% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.02640329 | Current Value 0.0316 | Quarterly Volatility 0.00872504 |
Check Duke Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Duke main balance sheet or income statement drivers, such as Interest Expense of 3.1 B, Total Revenue of 18.8 B or Gross Profit of 8.3 B, as well as many exotic indicators such as Price To Sales Ratio of 2.7, Dividend Yield of 0.063 or PTB Ratio of 0.98. Duke financial statements analysis is a perfect complement when working with Duke Energy Valuation or Volatility modules.
Duke | Return On Tangible Assets |
Latest Duke Energy's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Duke Energy over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Duke Energy's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Duke Energy's 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 |
Duke Return On Tangible Assets Regression Statistics
| Arithmetic Mean | 0.03 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 34.43 | |
| Mean Deviation | 0.01 | |
| Median | 0.03 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.000076 | |
| Range | 0.04 | |
| R-Value | (0.25) | |
| Mean Square Error | 0.000077 | |
| R-Squared | 0.06 | |
| Significance | 0.36 | |
| Slope | (0.0005) | |
| Total Sum of Squares | 0 |
Duke Return On Tangible Assets History
About Duke Energy Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Duke Energy income statement, its balance sheet, and the statement of cash flows. Duke Energy investors use historical funamental indicators, such as Duke Energy's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Duke Energy investors may use each financial statement separately, they are all related. The changes in Duke Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Duke Energy'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 Duke Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Duke Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 |
Pair Trading with Duke Energy
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 Duke Energy 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 Duke Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Duke Stock
| 0.73 | D | Dominion Energy Earnings Call Next Week | PairCorr |
| 0.9 | ED | Consolidated Edison Financial Report 2nd of May 2024 | PairCorr |
Moving against Duke Stock
| 0.65 | EBR | Centrais Electricas Financial Report 2nd of May 2024 | PairCorr |
| 0.52 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Duke Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duke Energy 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 Duke Energy - 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 Duke Energy to buy it.
The correlation of Duke Energy 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 Duke Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duke Energy 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 Duke Energy 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 Duke Energy Correlation against competitors. For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Duke Stock analysis
When running Duke Energy's price analysis, check to measure Duke Energy'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 Duke Energy is operating at the current time. Most of Duke Energy's value examination focuses on studying past and present price action to predict the probability of Duke Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duke Energy's price. Additionally, you may evaluate how the addition of Duke Energy to your portfolios can decrease your overall portfolio volatility.
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Is Duke Energy'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 Duke Energy. If investors know Duke 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 Duke Energy 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 (0.12) | Dividend Share 4.06 | Earnings Share 5.35 | Revenue Per Share 37.097 | Quarterly Revenue Growth (0.02) |
The market value of Duke Energy is measured differently than its book value, which is the value of Duke that is recorded on the company's balance sheet. Investors also form their own opinion of Duke Energy's value that differs from its market value or its book value, called intrinsic value, which is Duke Energy'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 Duke Energy's market value can be influenced by many factors that don't directly affect Duke Energy'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 Duke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duke Energy'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.