Diamond Net Income vs Stock Based Compensation Analysis
DHIL Stock | USD 149.22 1.05 0.70% |
Diamond Hill financial indicator trend analysis is much more than just examining Diamond Hill Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Hill Investment is a good investment. Please check the relationship between Diamond Hill Net Income and its Stock Based Compensation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Net Income vs Stock Based Compensation
Net Income vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Hill Investment Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Diamond Hill's Net Income and Stock Based Compensation is 0.5. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Diamond Hill Investment, assuming nothing else is changed. The correlation between historical values of Diamond Hill's Net Income and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Diamond Hill Investment are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Diamond Hill's Net Income and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Diamond Hill Investment financial statement analysis. It represents the amount of money remaining after all of Diamond Hill Investment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Diamond Hill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Hill Investment 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 Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Diamond Hill's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.11 this year, although the value of Selling General Administrative will most likely fall to about 12.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 58.6M | 64.3M | 51.1M | 26.2M | Other Operating Expenses | 105.9M | 90.2M | 85.5M | 89.8M |
Diamond Hill fundamental ratios Correlations
Click cells to compare fundamentals
Diamond Hill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diamond Hill fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 272.7M | 263.1M | 286.2M | 249.8M | 232.1M | 243.7M | |
Other Current Liab | 26.6M | 28.4M | 38.0M | 32.1M | 30.3M | 28.8M | |
Total Current Liabilities | 35.3M | 36.4M | 46.6M | 41.3M | 35.7M | 33.9M | |
Total Stockholder Equity | 130.2M | 184.1M | 184.4M | 163.7M | 160.3M | 168.3M | |
Property Plant And Equipment Net | 5.7M | 6.7M | 6.1M | 4.3M | 2.6M | 2.0M | |
Net Debt | (90.1M) | (96.0M) | (78.6M) | (61.8M) | (46.2M) | (43.9M) | |
Retained Earnings | 117.3M | 118.0M | 119.3M | 129.0M | 153.5M | 161.2M | |
Accounts Payable | 8.7M | 8.0M | 8.6M | 9.2M | 5.4M | 5.8M | |
Cash | 93.2M | 98.5M | 80.6M | 63.2M | 47.0M | 31.3M | |
Non Current Assets Total | 155.6M | 143.6M | 182.6M | 164.4M | 161.9M | 170.0M | |
Cash And Short Term Investments | 187.2M | 98.5M | 191.8M | 63.2M | 47.0M | 52.9M | |
Net Receivables | 21.1M | 18.1M | 20.4M | 18.8M | 19.7M | 10.3M | |
Common Stock Total Equity | 95.9M | 80.8M | 80.4M | 51.7M | 59.4M | 56.8M | |
Common Stock Shares Outstanding | 3.4M | 3.2M | 3.2M | 3.1M | 2.9M | 2.8M | |
Liabilities And Stockholders Equity | 210.0M | 263.1M | 286.2M | 249.8M | 232.1M | 243.7M | |
Non Current Liabilities Total | 30.3M | 33.2M | 37.3M | 30.7M | 36.1M | 34.3M | |
Other Current Assets | (114.2M) | (116.5M) | (101.0M) | 3.4M | (66.7M) | (63.3M) | |
Total Liab | 65.6M | 69.6M | 84.0M | 72.0M | 71.8M | 68.2M | |
Property Plant And Equipment Gross | 5.7M | 6.7M | 13.6M | 13.2M | 12.8M | 13.4M | |
Total Current Assets | 117.1M | 119.5M | 103.5M | 85.4M | 70.2M | 66.7M | |
Common Stock | 95.9M | 80.8M | 80.4M | 51.7M | 22.2M | 21.1M | |
Non Currrent Assets Other | 2.9M | 3.0M | 2.6M | 3.4M | (2.4B) | (2.5B) | |
Other Stockholder Equity | (83.0M) | (14.7M) | (15.3M) | (17.0M) | (15.4B) | (16.2B) | |
Other Liab | 30.3M | 33.2M | 37.3M | 30.7M | 35.4M | 21.7M | |
Other Assets | 10.4M | 140.1M | 286.2M | 3.4M | (67.4B) | (64.0B) | |
Accumulated Other Comprehensive Income | (20.3M) | (14.7M) | (15.3M) | (17.0M) | (15.4M) | (14.6M) | |
Property Plant Equipment | 5.7M | 6.7M | 6.1M | 4.3M | 5.0M | 2.7M | |
Net Tangible Assets | 207.0M | 193.5M | 202.2M | 177.8M | 204.5M | 151.1M | |
Retained Earnings Total Equity | 117.3M | 118.0M | 119.3M | 129.0M | 148.3M | 155.8M | |
Deferred Long Term Liab | 30.3M | 33.2M | 37.3M | 30.7M | 35.4M | 18.0M | |
Long Term Investments | 139.4M | 128.4M | 166.7M | 145.7M | 147.7M | 111.6M | |
Warrants | 14.2M | 9.4M | 17.8M | 14.1M | 12.7M | 17.4M | |
Net Invested Capital | 192.9M | 184.1M | 184.4M | 163.7M | 160.3M | 143.2M | |
Net Working Capital | 81.8M | 83.1M | 56.9M | 44.1M | 34.5M | 48.8M | |
Capital Stock | 95.9M | 80.8M | 80.4M | 51.7M | 22.2M | 21.1M |
Pair Trading with Diamond Hill
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 Diamond Hill 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 Diamond Hill will appreciate offsetting losses from the drop in the long position's value.Moving against Diamond Stock
0.47 | CB | Chubb Sell-off Trend | PairCorr |
0.45 | CG | Carlyle Group Financial Report 2nd of May 2024 | PairCorr |
0.44 | AXP | American Express Earnings Call This Week | PairCorr |
0.42 | OXSQ | Oxford Square Capital Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Diamond Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Hill 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 Diamond Hill - 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 Diamond Hill Investment to buy it.
The correlation of Diamond Hill 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 Diamond Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Hill Investment 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 Diamond Hill 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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Is Diamond Hill'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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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 (0.04) | Dividend Share 6 | Earnings Share 14.32 | Revenue Per Share 46.366 | Quarterly Revenue Growth (0.03) |
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.