Direct Net Receivables from 2010 to 2024
| DRCT Stock | USD 3.79 0.85 18.32% |
Net Receivables | First Reported 2010-12-31 | Previous Quarter 37.2 M | Current Value 39.1 M | Quarterly Volatility 13.7 M |
Check Direct Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Direct Digital's main balance sheet or income statement drivers, such as Tax Provision of 307.2 K, Depreciation And Amortization of 1.5 M or Selling General Administrative of 12.4 M, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0143 or PTB Ratio of 95.54. Direct financial statements analysis is a perfect complement when working with Direct Digital Valuation or Volatility modules.
Direct | Net Receivables |
Latest Direct Digital's Net Receivables Growth Pattern
Below is the plot of the Net Receivables of Direct Digital Holdings over the last few years. It is Direct Digital's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Direct Digital's overall financial position and show how it may be relating to other accounts over time.
| Net Receivables | 10 Years Trend |
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Net Receivables |
| Timeline |
Direct Net Receivables Regression Statistics
| Arithmetic Mean | 8,146,690 | |
| Geometric Mean | 2,269,600 | |
| Coefficient Of Variation | 168.33 | |
| Mean Deviation | 10,249,201 | |
| Median | 834,071 | |
| Standard Deviation | 13,712,968 | |
| Sample Variance | 188T | |
| Range | 38.2M | |
| R-Value | 0.75 | |
| Mean Square Error | 87.7T | |
| R-Squared | 0.57 | |
| Significance | 0 | |
| Slope | 2,309,136 | |
| Total Sum of Squares | 2632.6T |
Direct Net Receivables History
About Direct Digital Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Direct Digital income statement, its balance sheet, and the statement of cash flows. Direct Digital investors use historical funamental indicators, such as Direct Digital's Net Receivables, to determine how well the company is positioned to perform in the future. Although Direct Digital investors may use each financial statement separately, they are all related. The changes in Direct Digital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Direct Digital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Direct Digital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Direct Digital. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Receivables | 37.2 M | 39.1 M |
Pair Trading with Direct Digital
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 Direct Digital 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 Direct Digital will appreciate offsetting losses from the drop in the long position's value.Moving against Direct Stock
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The ability to find closely correlated positions to Direct Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Direct Digital 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 Direct Digital - 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 Direct Digital Holdings to buy it.
The correlation of Direct Digital 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 Direct Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Direct Digital Holdings 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 Direct Digital 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 Direct Stock Analysis
When running Direct Digital's price analysis, check to measure Direct Digital'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 Direct Digital is operating at the current time. Most of Direct Digital's value examination focuses on studying past and present price action to predict the probability of Direct Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direct Digital's price. Additionally, you may evaluate how the addition of Direct Digital to your portfolios can decrease your overall portfolio volatility.