Hudson Minority Interest vs Reconciled Depreciation Analysis
HPP Stock | USD 4.21 0.17 4.21% |
Hudson Pacific financial indicator trend analysis is much more than just examining Hudson Pacific Properties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hudson Pacific Properties is a good investment. Please check the relationship between Hudson Pacific Minority Interest and its Reconciled Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Pacific Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Minority Interest vs Reconciled Depreciation
Minority Interest vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hudson Pacific Properties Minority Interest account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hudson Pacific's Minority Interest and Reconciled Depreciation is -0.14. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Hudson Pacific Properties, assuming nothing else is changed. The correlation between historical values of Hudson Pacific's Minority Interest and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Hudson Pacific Properties are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Minority Interest i.e., Hudson Pacific's Minority Interest and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Hudson Pacific Properties whose combined shares represent less than 50% of the total outstanding shares issued by Hudson Pacific have a minority interest in Hudson Pacific.Reconciled Depreciation
Most indicators from Hudson Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hudson Pacific Properties 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Pacific Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Hudson Pacific's Tax Provision is relatively stable compared to the past year. As of 11/14/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop slightly above 48.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 152.3M | 179.9M | 3.4M | 3.2M | Other Operating Expenses | 750.8M | 866.5M | 952.3M | 999.9M |
Hudson Pacific fundamental ratios Correlations
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Hudson Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hudson Pacific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.5B | 8.4B | 9.0B | 9.3B | 8.3B | 5.2B | |
Short Long Term Debt Total | 3.3B | 3.9B | 4.2B | 5.4B | 4.4B | 2.5B | |
Total Current Liabilities | 212.7M | 235.9M | 304.9M | 264.8M | 389.2M | 360.7M | |
Total Stockholder Equity | 3.4B | 3.5B | 3.7B | 3.3B | 3.1B | 2.3B | |
Property Plant And Equipment Net | 269.0M | 264.9M | 345.5M | 531.3M | 495.1M | 294.3M | |
Net Debt | 3.2B | 3.8B | 4.1B | 5.2B | 4.3B | 2.2B | |
Accounts Payable | 210.9M | 225.8M | 298.4M | 264.1M | 203.2M | 114.3M | |
Cash | 46.2M | 113.7M | 96.6M | 255.8M | 100.4M | 67.1M | |
Non Current Assets Total | 7.0B | 7.7B | 8.0B | 8.5B | 7.9B | 4.7B | |
Non Currrent Assets Other | 12.0M | 35.9M | 21.0M | 7.6B | 6.5B | 6.8B | |
Cash And Short Term Investments | 187.0M | 248.8M | 225.9M | 255.8M | 100.4M | 101.6M | |
Net Receivables | 208.3M | 247.8M | 265.6M | 296.7M | 245.4M | 257.7M | |
Common Stock Shares Outstanding | 156.6M | 153.2M | 151.9M | 143.7M | 141.0M | 98.9M | |
Liabilities And Stockholders Equity | 7.5B | 8.4B | 9.0B | 9.3B | 8.3B | 5.1B | |
Non Current Liabilities Total | 3.4B | 4.0B | 4.4B | 5.2B | 4.3B | 2.3B | |
Other Current Assets | 69.0M | 72.7M | 119M | 98.8M | 31.5M | 39.5M | |
Other Stockholder Equity | (20.6M) | 3.5B | (434.6M) | 2.8B | 2.7B | 1.6B | |
Total Liab | 3.6B | 4.3B | 4.7B | 5.4B | 4.7B | 2.5B | |
Total Current Assets | 476.3M | 605.1M | 961.4M | 774.5M | 377.2M | 323.7M | |
Accumulated Other Comprehensive Income | (561K) | (8.1M) | (1.8M) | (11.3M) | (187K) | (177.7K) | |
Intangible Assets | 285.4M | 285.8M | 341.4M | 393.8M | 327.0M | 196.1M | |
Other Liab | 107.4M | 141.3M | 127.2M | 117.9M | 135.6M | 97.4M | |
Other Assets | 248.7M | 285.8M | 8.4B | 7.0B | 6.9B | 7.2B | |
Long Term Debt | 3.0B | 3.6B | 3.9B | 4.7B | 3.8B | 2.2B | |
Short Term Investments | 140.7M | 135.1M | 129.3M | 9.3M | 6.4M | 6.1M | |
Other Current Liab | 146.5M | (83.3M) | (118.6M) | (732.2M) | (47.3M) | (44.9M) | |
Common Stock Total Equity | 1.5M | 1.5M | 1.5M | 1.4M | 1.6M | 1.2M | |
Common Stock | 1.5M | 1.5M | 1.5M | 1.4M | 1.4M | 1.1M | |
Property Plant Equipment | 6.4B | 7.1B | 7.4B | 223.5M | 257.1M | 244.2M | |
Noncontrolling Interest In Consolidated Entity | 292.6M | 504.8M | 455.2M | 444.7M | 511.4M | 432.8M | |
Inventory | 12.0M | 35.9M | 1.6M | 4.9M | 396.0M | 415.8M | |
Deferred Long Term Liab | 225.6M | 285.8M | 341.4M | 193.1M | 222.1M | 167.6M |
Pair Trading with Hudson Pacific
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 Hudson Pacific 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 Hudson Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Hudson Stock
Moving against Hudson Stock
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The ability to find closely correlated positions to Hudson Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hudson Pacific 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 Hudson Pacific - 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 Hudson Pacific Properties to buy it.
The correlation of Hudson Pacific 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 Hudson Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hudson Pacific Properties 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 Hudson Pacific 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.Additional Tools for Hudson Stock Analysis
When running Hudson Pacific's price analysis, check to measure Hudson Pacific'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 Hudson Pacific is operating at the current time. Most of Hudson Pacific's value examination focuses on studying past and present price action to predict the probability of Hudson Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hudson Pacific's price. Additionally, you may evaluate how the addition of Hudson Pacific to your portfolios can decrease your overall portfolio volatility.