Dynatronics Return On Assets from 2010 to 2024
| DYNT Stock | USD 0.55 0.03 5.17% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.19) | Current Value (0.18) | Quarterly Volatility 0.0981915 |
Check Dynatronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dynatronics main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 150.6 K or Total Revenue of 27 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0781, Dividend Yield of 0.003 or PTB Ratio of 0.19. Dynatronics financial statements analysis is a perfect complement when working with Dynatronics Valuation or Volatility modules.
Dynatronics | Return On Assets |
Latest Dynatronics' Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Dynatronics 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. Dynatronics' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dynatronics' 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 |
Dynatronics Return On Assets Regression Statistics
| Arithmetic Mean | (0.06) | |
| Coefficient Of Variation | (160.34) | |
| Mean Deviation | 0.08 | |
| Median | (0.07) | |
| Standard Deviation | 0.1 | |
| Sample Variance | 0.01 | |
| Range | 0.3695 | |
| R-Value | (0.68) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.47 | |
| Significance | 0.01 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.13 |
Dynatronics Return On Assets History
About Dynatronics Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dynatronics income statement, its balance sheet, and the statement of cash flows. Dynatronics investors use historical funamental indicators, such as Dynatronics's Return On Assets, to determine how well the company is positioned to perform in the future. Although Dynatronics investors may use each financial statement separately, they are all related. The changes in Dynatronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dynatronics'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 Dynatronics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dynatronics. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | (0.19) | (0.18) |
Pair Trading with Dynatronics
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 Dynatronics 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 Dynatronics will appreciate offsetting losses from the drop in the long position's value.Moving against Dynatronics Stock
| 0.62 | MTD | Mettler Toledo Inter Financial Report 2nd of May 2024 | PairCorr |
| 0.61 | A | Agilent Technologies Financial Report 28th of May 2024 | PairCorr |
| 0.61 | FHTX | Foghorn TherapeuticsInc Financial Report 13th of May 2024 | PairCorr |
| 0.59 | CRL | Charles River Labora Financial Report 9th of May 2024 | PairCorr |
| 0.57 | WAT | Waters Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Dynatronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynatronics 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 Dynatronics - 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 Dynatronics to buy it.
The correlation of Dynatronics 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 Dynatronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynatronics 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 Dynatronics 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 Dynatronics Correlation against competitors. For more information on how to buy Dynatronics Stock please use our How to Invest in Dynatronics guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Dynatronics Stock analysis
When running Dynatronics' price analysis, check to measure Dynatronics' 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 Dynatronics is operating at the current time. Most of Dynatronics' value examination focuses on studying past and present price action to predict the probability of Dynatronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynatronics' price. Additionally, you may evaluate how the addition of Dynatronics to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Is Dynatronics' 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 Dynatronics. If investors know Dynatronics 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 Dynatronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.40) | Revenue Per Share 8.392 | Quarterly Revenue Growth (0.25) | Return On Assets (0.09) | Return On Equity (0.28) |
The market value of Dynatronics is measured differently than its book value, which is the value of Dynatronics that is recorded on the company's balance sheet. Investors also form their own opinion of Dynatronics' value that differs from its market value or its book value, called intrinsic value, which is Dynatronics' 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 Dynatronics' market value can be influenced by many factors that don't directly affect Dynatronics' 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 Dynatronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynatronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynatronics' 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.