Huron Return On Equity from 2010 to 2024
| HURN Stock | USD 128.78 1.05 0.81% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.11724515 | Current Value 0.13 | Quarterly Volatility 0.25257185 |
Check Huron Consulting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Huron Consulting's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.9 M, Interest Expense of 11.1 M or Selling General Administrative of 145 M, as well as many indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.011 or PTB Ratio of 3.81. Huron financial statements analysis is a perfect complement when working with Huron Consulting Valuation or Volatility modules.
Huron | Return On Equity |
Latest Huron Consulting's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Huron Consulting Group over the last few years. Return on Equity is the amount of Huron Consulting net income returned as a percentage of Huron Consulting equity. Return on equity measures Huron Consulting profitability by revealing how much profit Huron Consulting Group generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Huron Consulting's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Huron Consulting's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.16 | 10 Years Trend |
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Return On Equity |
| Timeline |
Huron Return On Equity Regression Statistics
| Arithmetic Mean | 0.11 | |
| Geometric Mean | 0.10 | |
| Coefficient Of Variation | 227.44 | |
| Mean Deviation | 0.12 | |
| Median | 0.09 | |
| Standard Deviation | 0.25 | |
| Sample Variance | 0.06 | |
| Range | 1.255 | |
| R-Value | (0.35) | |
| Mean Square Error | 0.06 | |
| R-Squared | 0.12 | |
| Significance | 0.20 | |
| Slope | (0.02) | |
| Total Sum of Squares | 0.89 |
Huron Return On Equity History
About Huron Consulting Financial Statements
Huron Consulting investors utilize fundamental indicators, such as Return On Equity, to predict how Huron Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.12 | 0.13 |
Pair Trading with Huron Consulting
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 Huron Consulting 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 Huron Consulting will appreciate offsetting losses from the drop in the long position's value.Moving together with Huron Stock
Moving against Huron Stock
| 0.85 | HDSN | Hudson Technologies | PairCorr |
| 0.69 | MG | Mistras Group | PairCorr |
| 0.65 | SMX | SMX Public Limited | PairCorr |
| 0.64 | VCIG | VCI Global Limited | PairCorr |
| 0.56 | VLTO | Veralto | PairCorr |
The ability to find closely correlated positions to Huron Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huron Consulting 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 Huron Consulting - 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 Huron Consulting Group to buy it.
The correlation of Huron Consulting 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 Huron Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huron Consulting 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 Huron Consulting 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 Huron Consulting Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Research & Consulting Services space 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 Huron Consulting. If investors know Huron 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 Huron Consulting 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 0.336 | Earnings Share 4.57 | Revenue Per Share 79.452 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0708 |
The market value of Huron Consulting is measured differently than its book value, which is the value of Huron that is recorded on the company's balance sheet. Investors also form their own opinion of Huron Consulting's value that differs from its market value or its book value, called intrinsic value, which is Huron Consulting'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 Huron Consulting's market value can be influenced by many factors that don't directly affect Huron Consulting'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 Huron Consulting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huron Consulting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huron Consulting'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.