Viavi Non Operating Income Net Other from 2010 to 2024
| VIAV Stock | USD 7.42 0.01 0.13% |
Non Operating Income Net Other | First Reported 2010-12-31 | Previous Quarter -600 K | Current Value 2.7 M | Quarterly Volatility 18.9 M |
Check Viavi Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Viavi Solutions' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Interest Expense of 18.8 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 4.26, Dividend Yield of 1.0E-4 or PTB Ratio of 1.74. Viavi financial statements analysis is a perfect complement when working with Viavi Solutions Valuation or Volatility modules.
Viavi | Non Operating Income Net Other |
Latest Viavi Solutions' Non Operating Income Net Other Growth Pattern
Below is the plot of the Non Operating Income Net Other of Viavi Solutions over the last few years. It is Viavi Solutions' Non Operating Income Net Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Viavi Solutions' overall financial position and show how it may be relating to other accounts over time.
| Non Operating Income Net Other | 10 Years Trend |
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Non Operating Income Net Other |
| Timeline |
Viavi Non Operating Income Net Other Regression Statistics
| Arithmetic Mean | 22,478,467 | |
| Geometric Mean | 6,422,679 | |
| Coefficient Of Variation | 252.33 | |
| Mean Deviation | 32,712,409 | |
| Median | 4,860,000 | |
| Standard Deviation | 56,719,866 | |
| Sample Variance | 3217.1T | |
| Range | 220.3M | |
| R-Value | (0.06) | |
| Mean Square Error | 3453.2T | |
| R-Squared | 0 | |
| Significance | 0.84 | |
| Slope | (727,575) | |
| Total Sum of Squares | 45040T |
Viavi Non Operating Income Net Other History
About Viavi Solutions Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Viavi Solutions income statement, its balance sheet, and the statement of cash flows. Viavi Solutions investors use historical funamental indicators, such as Viavi Solutions's Non Operating Income Net Other, to determine how well the company is positioned to perform in the future. Although Viavi Solutions investors may use each financial statement separately, they are all related. The changes in Viavi Solutions's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Viavi Solutions'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 Viavi Solutions Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Viavi Solutions. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Operating Income Net Other | 4.9 M | 4.6 M |
Pair Trading with Viavi Solutions
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 Viavi Solutions 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 Viavi Solutions will appreciate offsetting losses from the drop in the long position's value.Moving together with Viavi Stock
Moving against Viavi Stock
| 0.81 | APH | Amphenol Financial Report 24th of July 2024 | PairCorr |
| 0.8 | WDC | Western Digital Financial Report 29th of July 2024 | PairCorr |
| 0.76 | FKWL | Franklin Wireless Corp | PairCorr |
| 0.74 | VRME | VerifyMe | PairCorr |
| 0.71 | MSI | Motorola Solutions | PairCorr |
The ability to find closely correlated positions to Viavi Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viavi Solutions 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 Viavi Solutions - 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 Viavi Solutions to buy it.
The correlation of Viavi Solutions 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 Viavi Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viavi Solutions 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 Viavi Solutions 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 Viavi Stock Analysis
When running Viavi Solutions' price analysis, check to measure Viavi Solutions' 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 Viavi Solutions is operating at the current time. Most of Viavi Solutions' value examination focuses on studying past and present price action to predict the probability of Viavi Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viavi Solutions' price. Additionally, you may evaluate how the addition of Viavi Solutions to your portfolios can decrease your overall portfolio volatility.