Lumen Income Quality from 2010 to 2024
| LUMN Stock | USD 8.54 0.09 1.04% |
Income Quality | First Reported 2010-12-31 | Previous Quarter (0.21) | Current Value (0.20) | Quarterly Volatility 7.87045036 |
Check Lumen Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lumen Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 639.2 M or Total Revenue of 8.2 B, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0058 or PTB Ratio of 4.53. Lumen financial statements analysis is a perfect complement when working with Lumen Technologies Valuation or Volatility modules.
Lumen | Income Quality |
Latest Lumen Technologies' Income Quality Growth Pattern
Below is the plot of the Income Quality of Lumen Technologies over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Lumen Technologies' Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lumen Technologies' overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
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Income Quality |
| Timeline |
Lumen Income Quality Regression Statistics
| Arithmetic Mean | 0.42 | |
| Coefficient Of Variation | 1,860 | |
| Mean Deviation | 5.37 | |
| Median | 2.62 | |
| Standard Deviation | 7.87 | |
| Sample Variance | 61.94 | |
| Range | 31.0651 | |
| R-Value | (0.15) | |
| Mean Square Error | 65.15 | |
| R-Squared | 0.02 | |
| Significance | 0.59 | |
| Slope | (0.27) | |
| Total Sum of Squares | 867.22 |
Lumen Income Quality History
About Lumen Technologies Financial Statements
Lumen Technologies investors utilize fundamental indicators, such as Income Quality, to predict how Lumen 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 | ||
| Income Quality | (0.21) | (0.20) |
Pair Trading with Lumen Technologies
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 Lumen Technologies 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 Lumen Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Lumen Stock
Moving against Lumen Stock
| 0.8 | BCE | BCE Inc Sell-off Trend | PairCorr |
| 0.69 | PHI | PLDT Inc ADR | PairCorr |
| 0.69 | RCI | Rogers Communications | PairCorr |
| 0.67 | UCL | Ucloudlink Group | PairCorr |
| 0.66 | IHS | IHS Holding | PairCorr |
The ability to find closely correlated positions to Lumen Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lumen Technologies 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 Lumen Technologies - 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 Lumen Technologies to buy it.
The correlation of Lumen Technologies 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 Lumen Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lumen Technologies 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 Lumen Technologies 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 Lumen Technologies Correlation against competitors. To learn how to invest in Lumen Stock, please use our How to Invest in Lumen Technologies guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Telecommunication 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 Lumen Technologies. If investors know Lumen 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 Lumen Technologies 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 (0.89) | Earnings Share (2.15) | Revenue Per Share 13.483 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0066 |
The market value of Lumen Technologies is measured differently than its book value, which is the value of Lumen that is recorded on the company's balance sheet. Investors also form their own opinion of Lumen Technologies' value that differs from its market value or its book value, called intrinsic value, which is Lumen Technologies' 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 Lumen Technologies' market value can be influenced by many factors that don't directly affect Lumen Technologies' 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 Lumen Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumen Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumen Technologies' 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.