DaVita Noncontrolling Interest In Consolidated Entity from 2010 to 2024

DVA Stock  USD 134.45  7.79  5.48%   
DaVita HealthCare's Noncontrolling Interest In Consolidated Entity is decreasing over the years with slightly volatile fluctuation. Noncontrolling Interest In Consolidated Entity is expected to dwindle to about 139.8 M. From 2010 to 2024 DaVita HealthCare Noncontrolling Interest In Consolidated Entity quarterly data regression line had arithmetic mean of  419,560,889 and r-squared of  0.09. View All Fundamentals
 
Noncontrolling Interest In Consolidated Entity  
First Reported
2009-06-30
Previous Quarter
194.4 M
Current Value
188.6 M
Quarterly Volatility
54 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DaVita HealthCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DaVita main balance sheet or income statement drivers, such as Depreciation And Amortization of 782.7 M, Interest Expense of 270.1 M or Total Revenue of 7.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0129 or PTB Ratio of 9.46. DaVita financial statements analysis is a perfect complement when working with DaVita HealthCare Valuation or Volatility modules.
  
This module can also supplement DaVita HealthCare's financial leverage analysis and stock options assessment as well as various DaVita HealthCare Technical models . Check out the analysis of DaVita HealthCare Correlation against competitors.

Latest DaVita HealthCare's Noncontrolling Interest In Consolidated Entity Growth Pattern

Below is the plot of the Noncontrolling Interest In Consolidated Entity of DaVita HealthCare Partners over the last few years. It is DaVita HealthCare's Noncontrolling Interest In Consolidated Entity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DaVita HealthCare's overall financial position and show how it may be relating to other accounts over time.
Noncontrolling Interest In Consolidated Entity10 Years Trend
Slightly volatile
   Noncontrolling Interest In Consolidated Entity   
       Timeline  

DaVita Noncontrolling Interest In Consolidated Entity Regression Statistics

Arithmetic Mean419,560,889
Geometric Mean200,760,296
Coefficient Of Variation231.52
Mean Deviation467,798,282
Median183,186,000
Standard Deviation971,378,126
Sample Variance943575.5T
Range3.9B
R-Value(0.30)
Mean Square Error925382.6T
R-Squared0.09
Significance0.28
Slope(64,919,793)
Total Sum of Squares13210056.5T

DaVita Noncontrolling Interest In Consolidated Entity History

2024139.8 M
2023147.2 M
2022163.6 M
2021180.6 M
2020183.2 M
2019185.8 M
2018205 M

About DaVita HealthCare Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include DaVita HealthCare income statement, its balance sheet, and the statement of cash flows. DaVita HealthCare investors use historical funamental indicators, such as DaVita HealthCare's Noncontrolling Interest In Consolidated Entity, to determine how well the company is positioned to perform in the future. Although DaVita HealthCare investors may use each financial statement separately, they are all related. The changes in DaVita HealthCare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DaVita HealthCare'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 DaVita HealthCare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DaVita HealthCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Noncontrolling Interest In Consolidated Entity147.2 M139.8 M

Pair Trading with DaVita HealthCare

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 DaVita HealthCare 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 DaVita HealthCare will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to DaVita HealthCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DaVita HealthCare 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 DaVita HealthCare - 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 DaVita HealthCare Partners to buy it.
The correlation of DaVita HealthCare 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 DaVita HealthCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DaVita HealthCare 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 DaVita HealthCare 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.
Pair CorrelationCorrelation Matching
When determining whether DaVita HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DaVita HealthCare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Davita Healthcare Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Davita Healthcare Partners Stock:
Check out the analysis of DaVita HealthCare Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running DaVita HealthCare's price analysis, check to measure DaVita HealthCare'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 DaVita HealthCare is operating at the current time. Most of DaVita HealthCare's value examination focuses on studying past and present price action to predict the probability of DaVita HealthCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DaVita HealthCare's price. Additionally, you may evaluate how the addition of DaVita HealthCare to your portfolios can decrease your overall portfolio volatility.
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Is DaVita HealthCare'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 DaVita HealthCare. If investors know DaVita 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 DaVita HealthCare 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
1.12
Earnings Share
8.82
Revenue Per Share
136.922
Quarterly Revenue Growth
0.069
Return On Assets
0.0636
The market value of DaVita HealthCare is measured differently than its book value, which is the value of DaVita that is recorded on the company's balance sheet. Investors also form their own opinion of DaVita HealthCare's value that differs from its market value or its book value, called intrinsic value, which is DaVita HealthCare'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 DaVita HealthCare's market value can be influenced by many factors that don't directly affect DaVita HealthCare'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 DaVita HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DaVita HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DaVita HealthCare'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.