DHI Income Statement Research

DHX Stock  USD 2.39  0.09  3.63%   
Most accounts from DHI's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into DHI Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out DHI Valuation and DHI Correlation analysis.
  
At this time, DHI's Selling And Marketing Expenses is fairly stable compared to the past year. Total Revenue is likely to rise to about 162.1 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 16.3 M in 2024.
Most accounts from DHI's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into DHI Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out DHI Valuation and DHI Correlation analysis.
At this time, DHI's Selling And Marketing Expenses is fairly stable compared to the past year. Total Revenue is likely to rise to about 162.1 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 16.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit104.8M132.1M132.1M144.3M
Total Revenue119.9M149.7M151.9M162.1M

DHI income statement Correlations

0.640.730.780.760.80.210.40.710.520.780.790.21-0.20.110.40.69-0.20.040.320.130.02-0.160.25-0.130.11
0.640.80.770.730.830.080.30.770.310.850.810.14-0.120.10.240.8-0.13-0.27-0.010.050.26-0.550.050.220.33
0.730.80.970.970.970.370.580.910.630.890.980.34-0.220.250.470.9-0.16-0.26-0.050.090.26-0.29-0.150.21-0.04
0.780.770.971.00.960.440.70.890.760.90.960.41-0.280.280.610.85-0.09-0.29-0.060.280.39-0.37-0.210.2-0.11
0.760.730.971.00.930.50.740.860.780.870.940.46-0.250.330.650.81-0.05-0.3-0.080.30.39-0.37-0.220.21-0.11
0.80.830.970.960.930.210.470.970.570.961.00.18-0.310.080.380.94-0.29-0.170.090.050.23-0.22-0.090.12-0.04
0.210.080.370.440.50.210.850.070.780.110.240.90.270.830.85-0.040.65-0.34-0.430.60.49-0.37-0.360.24-0.24
0.40.30.580.70.740.470.850.360.970.420.480.79-0.110.630.970.240.42-0.44-0.40.750.7-0.52-0.460.28-0.33
0.710.770.910.890.860.970.070.360.470.950.960.05-0.37-0.050.250.95-0.39-0.150.14-0.010.21-0.12-0.130.08-0.09
0.520.310.630.760.780.570.780.970.470.530.570.72-0.170.540.940.330.32-0.38-0.310.720.68-0.41-0.430.18-0.45
0.780.850.890.90.870.960.110.420.950.530.940.09-0.37-0.030.340.91-0.3-0.20.050.150.34-0.31-0.140.13-0.07
0.790.810.980.960.941.00.240.480.960.570.940.2-0.290.110.380.94-0.29-0.170.10.030.2-0.2-0.070.12-0.03
0.210.140.340.410.460.180.90.790.050.720.090.20.520.970.84-0.040.83-0.55-0.460.670.52-0.48-0.260.14-0.17
-0.2-0.12-0.22-0.28-0.25-0.310.27-0.11-0.37-0.17-0.37-0.290.520.70.02-0.350.75-0.3-0.20.03-0.09-0.080.2-0.160.17
0.110.10.250.280.330.080.830.63-0.050.54-0.030.110.970.70.69-0.10.87-0.53-0.450.520.38-0.42-0.170.1-0.07
0.40.240.470.610.650.380.850.970.250.940.340.380.840.020.690.120.54-0.47-0.380.820.69-0.54-0.410.21-0.3
0.690.80.90.850.810.94-0.040.240.950.330.910.94-0.04-0.35-0.10.12-0.44-0.130.17-0.150.08-0.13-0.080.120.0
-0.2-0.13-0.16-0.09-0.05-0.290.650.42-0.390.32-0.3-0.290.830.750.870.54-0.44-0.56-0.560.640.47-0.49-0.210.12-0.11
0.04-0.27-0.26-0.29-0.3-0.17-0.34-0.44-0.15-0.38-0.2-0.17-0.55-0.3-0.53-0.47-0.13-0.560.35-0.55-0.490.50.55-0.630.12
0.32-0.01-0.05-0.06-0.080.09-0.43-0.40.14-0.310.050.1-0.46-0.2-0.45-0.380.17-0.560.35-0.51-0.710.610.35-0.170.31
0.130.050.090.280.30.050.60.75-0.010.720.150.030.670.030.520.82-0.150.64-0.55-0.510.82-0.65-0.480.24-0.37
0.020.260.260.390.390.230.490.70.210.680.340.20.52-0.090.380.690.080.47-0.49-0.710.82-0.69-0.60.21-0.51
-0.16-0.55-0.29-0.37-0.37-0.22-0.37-0.52-0.12-0.41-0.31-0.2-0.48-0.08-0.42-0.54-0.13-0.490.50.61-0.65-0.690.15-0.35-0.19
0.250.05-0.15-0.21-0.22-0.09-0.36-0.46-0.13-0.43-0.14-0.07-0.260.2-0.17-0.41-0.08-0.210.550.35-0.48-0.60.15-0.510.55
-0.130.220.210.20.210.120.240.280.080.180.130.120.14-0.160.10.210.120.12-0.63-0.170.240.21-0.35-0.510.06
0.110.33-0.04-0.11-0.11-0.04-0.24-0.33-0.09-0.45-0.07-0.03-0.170.17-0.07-0.30.0-0.110.120.31-0.37-0.51-0.190.550.06
Click cells to compare fundamentals

DHI Account Relationship Matchups

DHI income statement Accounts

201920202021202220232024 (projected)
Interest Expense701K827K667K1.6M3.5M2.3M
Total Revenue149.4M136.9M119.9M149.7M151.9M162.1M
Gross Profit133.1M119.8M104.8M132.1M132.1M144.3M
Operating Income17.0M9.2M357K5.6M6.3M6.0M
Ebit17.0M9.2M357K5.6M6.3M6.0M
Research Development17.2M16.5M16.0M17.7M17.8M14.9M
Ebitda29.0M21.2M17.5M22.6M6.3M6.0M
Cost Of Revenue16.2M17.0M15.1M17.6M19.8M17.8M
Income Before Tax16.3M(32.4M)(1.0M)3.6M3.6M3.4M
Net Income12.6M(30.0M)(402K)4.2M3.5M6.9M
Income Tax Expense3.8M(2.4M)(629K)(579K)131K124.5K
Tax Provision3.8M(2.4M)(629K)(579K)(74K)(70.3K)
Interest Income701K827K721K337K303.3K288.1K
Net Interest Income(701K)(827K)(667K)(1.6M)(3.2M)(3.4M)

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DHI in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DHI's short interest history, or implied volatility extrapolated from DHI options trading.

Pair Trading with DHI

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

Moving together with DHI Stock

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Moving against DHI Stock

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  0.42NOGWQ Nogin IncPairCorr
The ability to find closely correlated positions to DHI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DHI 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 DHI - 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 DHI Group to buy it.
The correlation of DHI 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 DHI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DHI Group 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 DHI 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 DHI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DHI'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 Dhi Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dhi Group Stock:
Check out DHI Valuation and DHI Correlation analysis.
Note that the DHI Group information on this page should be used as a complementary analysis to other DHI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running DHI's price analysis, check to measure DHI'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 DHI is operating at the current time. Most of DHI's value examination focuses on studying past and present price action to predict the probability of DHI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHI's price. Additionally, you may evaluate how the addition of DHI to your portfolios can decrease your overall portfolio volatility.
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Is DHI'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 DHI. If investors know DHI 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 DHI 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
(0.02)
Earnings Share
0.08
Revenue Per Share
3.486
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0241
The market value of DHI Group is measured differently than its book value, which is the value of DHI that is recorded on the company's balance sheet. Investors also form their own opinion of DHI's value that differs from its market value or its book value, called intrinsic value, which is DHI'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 DHI's market value can be influenced by many factors that don't directly affect DHI'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 DHI's value and its price as these two are different measures arrived at by different means. Investors typically determine if DHI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DHI'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.