Eurodry Inventory Trend from 2010 to 2022

Eurodry Inventory yearly trend continues to be fairly stable with very little volatility. Inventory is likely to outpace its year average in 2022. During the period from 2010 to 2022, Eurodry Inventory regression line of anual values had slope of 63,709 and arithmetic mean of  488,234. Eurodry Revenues is fairly stable at the moment as compared to the past year. Eurodry reported Revenues of 64.44 Million in 2021. Weighted Average Shares is likely to rise to about 2.6 M in 2022, whereas Selling General and Administrative Expense is likely to drop slightly above 2.5 M in 2022.
  
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Check Eurodry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eurodry main balance sheet or income statement drivers, such as Consolidated Income of 33.6 M, Cost of Revenue of 13.1 M or Earning Before Interest and Taxes EBIT of 36.1 M, as well as many exotic indicators such as Asset Turnover of 0.4, Book Value per Share of 27.85 or Current Ratio of 1.37. Eurodry financial statements analysis is a perfect complement when working with Eurodry Valuation or Volatility modules. It can also supplement various Eurodry Technical models. Check out Investing Opportunities.

Eurodry Inventory Breakdown

Showing smoothed Inventory of Eurodry with missing and latest data points interpolated. A component of Total Assets representing the amount after valuation and reserves of inventory expected to be sold; or consumed within one year or operating cycle; if longer.Eurodry's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eurodry's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Increasing
Slightly volatile
 Inventory 
Share
      Timeline 

Eurodry Inventory Regression Statistics

Arithmetic Mean 488,234
Geometric Mean 415,225
Coefficient Of Variation 67.94
Mean Deviation 242,592
Median 268,120
Standard Deviation 331,719
Range 1,117,160
R-Value 0.75
R-Squared 0.56
Significance 0.003281
Slope 63,709

Eurodry Inventory History

2017452.2 K
2018566.9 K
2019508.7 K
20201.4 M
2021770.3 K
2022786.7 K

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Our tools can tell you how much better you can do entering a position in Eurodry without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Eurodry

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

Eurodry Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to FMC Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FMC Corp 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 FMC Corp - 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 FMC Corp to buy it.
The correlation of FMC Corp is a statistical measure of how it moves in relation to other equities. 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 FMC Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FMC Corp 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 FMC Corp 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
Check out Investing Opportunities. Note that the Eurodry information on this page should be used as a complementary analysis to other Eurodry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Tools for Eurodry Stock

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