Forrester Depreciation And Amortization vs Other Operating Expenses Analysis

FORR Stock  USD 16.24  0.20  1.22%   
Forrester Research financial indicator trend analysis is much more than just examining Forrester Research latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forrester Research is a good investment. Please check the relationship between Forrester Research Depreciation And Amortization and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forrester Research. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Forrester Stock, please use our How to Invest in Forrester Research guide.

Depreciation And Amortization vs Other Operating Expenses

Depreciation And Amortization vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forrester Research Depreciation And Amortization account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Forrester Research's Depreciation And Amortization and Other Operating Expenses is 0.68. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Forrester Research, assuming nothing else is changed. The correlation between historical values of Forrester Research's Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Forrester Research are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Forrester Research's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Forrester Research. It is also known as Forrester Research overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Forrester Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forrester Research current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forrester Research. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Forrester Stock, please use our How to Invest in Forrester Research guide.As of 11/10/2024, Selling General Administrative is likely to drop to about 56.1 M. In addition to that, Tax Provision is likely to drop to about 1.5 M
 2021 2022 2023 2024 (projected)
Gross Profit292.5M314.0M255.9M162.4M
Total Revenue494.3M537.8M480.8M269.0M

Forrester Research fundamental ratios Correlations

0.790.940.690.930.470.780.10.660.850.210.330.830.610.280.360.920.790.560.4-0.370.440.10.720.20.94
0.790.870.240.770.540.73-0.050.620.860.19-0.10.510.2-0.2-0.20.90.850.13-0.08-0.75-0.030.10.74-0.410.8
0.940.870.540.860.390.870.020.710.780.090.240.850.540.190.110.930.730.50.21-0.560.240.040.640.010.98
0.690.240.540.46-0.120.620.380.560.390.440.860.690.890.520.850.360.460.880.710.320.76-0.190.10.650.6
0.930.770.860.460.70.56-0.060.460.860.040.040.70.350.230.220.960.760.310.3-0.460.320.270.890.120.86
0.470.540.39-0.120.70.04-0.08-0.180.770.12-0.540.11-0.18-0.15-0.20.670.6-0.35-0.21-0.48-0.180.490.91-0.260.36
0.780.730.870.620.560.040.220.720.560.260.410.710.610.060.130.670.590.550.18-0.390.26-0.160.28-0.010.81
0.1-0.050.020.38-0.06-0.080.22-0.050.110.610.350.00.360.050.3-0.080.170.23-0.030.310.07-0.09-0.150.150.03
0.660.620.710.560.46-0.180.72-0.050.390.00.530.670.530.130.250.550.450.650.41-0.360.4-0.140.210.030.7
0.850.860.780.390.860.770.560.110.390.42-0.040.510.34-0.040.080.880.930.180.03-0.510.080.270.87-0.170.76
0.210.190.090.440.040.120.260.610.00.420.28-0.010.4-0.110.290.040.490.17-0.060.190.07-0.090.060.010.1
0.33-0.10.240.860.04-0.540.410.350.53-0.040.280.550.860.560.82-0.030.070.940.70.530.7-0.38-0.330.680.33
0.830.510.850.690.70.110.710.00.670.51-0.010.550.80.580.40.70.430.80.43-0.240.41-0.060.360.410.89
0.610.20.540.890.35-0.180.610.360.530.340.40.860.80.590.690.310.350.930.50.220.5-0.230.00.570.63
0.28-0.20.190.520.23-0.150.060.050.13-0.04-0.110.560.580.590.650.08-0.060.660.60.40.53-0.14-0.070.790.3
0.36-0.20.110.850.22-0.20.130.30.250.080.290.820.40.690.650.020.140.750.850.670.85-0.15-0.060.870.22
0.920.90.930.360.960.670.67-0.080.550.880.04-0.030.70.310.080.020.780.250.14-0.650.170.230.87-0.090.9
0.790.850.730.460.760.60.590.170.450.930.490.070.430.35-0.060.140.780.230.06-0.360.120.080.73-0.140.74
0.560.130.50.880.31-0.350.550.230.650.180.170.940.80.930.660.750.250.230.680.290.65-0.29-0.10.650.6
0.4-0.080.210.710.3-0.210.18-0.030.410.03-0.060.70.430.50.60.850.140.060.680.460.98-0.140.030.740.27
-0.37-0.75-0.560.32-0.46-0.48-0.390.31-0.36-0.510.190.53-0.240.220.40.67-0.65-0.360.290.460.45-0.29-0.590.7-0.43
0.44-0.030.240.760.32-0.180.260.070.40.080.070.70.410.50.530.850.170.120.650.980.45-0.160.050.720.29
0.10.10.04-0.190.270.49-0.16-0.09-0.140.27-0.09-0.38-0.06-0.23-0.14-0.150.230.08-0.29-0.14-0.29-0.160.4-0.240.0
0.720.740.640.10.890.910.28-0.150.210.870.06-0.330.360.0-0.07-0.060.870.73-0.10.03-0.590.050.4-0.190.6
0.2-0.410.010.650.12-0.26-0.010.150.03-0.170.010.680.410.570.790.87-0.09-0.140.650.740.70.72-0.24-0.190.14
0.940.80.980.60.860.360.810.030.70.760.10.330.890.630.30.220.90.740.60.27-0.430.290.00.60.14
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Forrester Research Account Relationship Matchups

Forrester Research fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets639.2M644.2M680.1M608.4M564.2M400.6M
Other Current Liab67.6M64.6M84.8M77.4M67.3M50.1M
Total Current Liabilities268.9M269.7M312.3M269.4M240.1M165.3M
Total Stockholder Equity158.1M185.8M203.9M221.7M240.3M201.7M
Property Plant And Equipment Net99.0M96.3M93.3M73.2M59.1M32.5M
Net Debt141.9M99.8M18.8M(8.9M)13.9M14.6M
Retained Earnings118.1M128.0M152.8M174.6M177.7M98.1M
Accounts Payable505K657K840K361K1.8M1.4M
Cash67.9M90.3M134.3M123.3M72.9M66.6M
Non Current Assets Total447.1M427.1M410.6M373.1M371.4M390.0M
Non Currrent Assets Other3.3M3.3M5.3M4.6M27.5M28.9M
Cash And Short Term Investments67.9M90.3M134.3M123.3M124.5M147.6M
Net Receivables84.6M84.7M87.0M73.3M59.0M60.1M
Common Stock Shares Outstanding18.5M18.9M19.4M19.2M19.3M22.2M
Liabilities And Stockholders Equity639.2M644.2M680.1M608.4M564.2M400.6M
Other Current Assets19.2M18.6M18.6M14.1M9.3M14.9M
Other Stockholder Equity44.6M58.2M54.0M54.7M66.9M75.3M
Total Liab481.1M458.5M476.2M386.8M323.9M198.9M
Property Plant And Equipment Gross99.0M96.3M163.2M139.2M123.2M129.3M
Total Current Assets192.0M217.2M269.5M235.3M192.8M241.0M
Accumulated Other Comprehensive Income(4.9M)(690K)(3.2M)(7.9M)(4.6M)(4.8M)
Common Stock Total Equity233K236K241K244K219.6K198.5K
Common Stock233K236K241K244K247K198.5K
Other Assets4.3M74.8M680.137.4M6.7M12.9M
Intangible Assets97.4M78.0M62.7M49.5M37.6M28.6M
Property Plant Equipment29.9M27.0M28.2M23.2M26.7M23.7M
Current Deferred Revenue179.2M180.0M213.7M178.0M156.8M142.6M
Inventory20.3M23.6M29.6M24.6M28.2M15.3M
Short Term Debt21.6M24.5M13.0M13.6M14.2M10.7M
Good Will243.9M247.2M245.0M242.1M244.3M256.5M
Other Liab23.8M21.9M23.6M16.6M19.1M13.0M
Non Current Liabilities Total212.1M188.7M163.9M117.4M83.8M56.9M
Net Tangible Assets(183.2M)(139.4M)(103.8M)(70.0M)(63.0M)(59.8M)
Retained Earnings Total Equity118.1M128.0M152.8M174.6M200.8M139.5M
Capital Surpluse216.5M230.1M246.0M261.8M235.6M175.1M
Non Current Liabilities Other91.0M93.4M88.9M67.4M2.5M2.4M

Pair Trading with Forrester Research

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

Moving against Forrester Stock

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The ability to find closely correlated positions to Forrester Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forrester Research 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 Forrester Research - 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 Forrester Research to buy it.
The correlation of Forrester Research 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 Forrester Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forrester Research 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 Forrester Research 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

Additional Tools for Forrester Stock Analysis

When running Forrester Research's price analysis, check to measure Forrester Research'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 Forrester Research is operating at the current time. Most of Forrester Research's value examination focuses on studying past and present price action to predict the probability of Forrester Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forrester Research's price. Additionally, you may evaluate how the addition of Forrester Research to your portfolios can decrease your overall portfolio volatility.