Daily Net Income from 2010 to 2024
| DJCO Stock | USD 342.00 6.78 2.02% |
Net Income | First Reported 1991-03-31 | Previous Quarter -6.5 M | Current Value 12.6 M | Quarterly Volatility 10.6 M |
Check Daily Journal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Daily main balance sheet or income statement drivers, such as Depreciation And Amortization of 304.8 K, Interest Expense of 4.7 M or Total Revenue of 81.8 M, as well as many exotic indicators such as Price To Sales Ratio of 5.65, Dividend Yield of 0.0 or PTB Ratio of 2.21. Daily financial statements analysis is a perfect complement when working with Daily Journal Valuation or Volatility modules.
Daily | Net Income |
Latest Daily Journal's Net Income Growth Pattern
Below is the plot of the Net Income of Daily Journal Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Daily Journal Corp financial statement analysis. It represents the amount of money remaining after all of Daily Journal Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Daily Journal's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Daily Journal's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 21.45 M | 10 Years Trend |
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Net Income |
| Timeline |
Daily Net Income Regression Statistics
| Arithmetic Mean | 7,278,339 | |
| Geometric Mean | 7,060,542 | |
| Coefficient Of Variation | 521.80 | |
| Mean Deviation | 20,897,919 | |
| Median | 3,779,000 | |
| Standard Deviation | 37,978,046 | |
| Sample Variance | 1442.3T | |
| Range | 188.5M | |
| R-Value | 0.16 | |
| Mean Square Error | 1513T | |
| R-Squared | 0.03 | |
| Significance | 0.57 | |
| Slope | 1,366,746 | |
| Total Sum of Squares | 20192.6T |
Daily Net Income History
Other Fundumenentals of Daily Journal Corp
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Daily Journal Net Income component correlations
About Daily Journal Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Daily Journal income statement, its balance sheet, and the statement of cash flows. Daily Journal investors use historical funamental indicators, such as Daily Journal's Net Income, to determine how well the company is positioned to perform in the future. Although Daily Journal investors may use each financial statement separately, they are all related. The changes in Daily Journal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Daily Journal'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 Daily Journal Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Daily Journal. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 24.7 M | 25.9 M | |
| Net Loss | -68.1 M | -64.7 M | |
| Net Income From Continuing Ops | 24.7 M | 25.9 M | |
| Net Income Per Share | 14.02 | 14.72 | |
| Net Income Per E B T | 0.69 | 0.50 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Daily Journal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Daily Journal's short interest history, or implied volatility extrapolated from Daily Journal options trading.
Pair Trading with Daily Journal
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 Daily Journal 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 Daily Journal will appreciate offsetting losses from the drop in the long position's value.Moving together with Daily Stock
| 0.84 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
Moving against Daily Stock
| 0.79 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.76 | DMAN | Innovativ Media Group | PairCorr |
| 0.76 | NOGWQ | Nogin Inc | PairCorr |
| 0.73 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.68 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Daily Journal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daily Journal 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 Daily Journal - 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 Daily Journal Corp to buy it.
The correlation of Daily Journal 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 Daily Journal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daily Journal 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 Daily Journal 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 the analysis of Daily Journal Correlation against competitors. Note that the Daily Journal Corp information on this page should be used as a complementary analysis to other Daily Journal'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 the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Daily Stock analysis
When running Daily Journal's price analysis, check to measure Daily Journal'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 Daily Journal is operating at the current time. Most of Daily Journal's value examination focuses on studying past and present price action to predict the probability of Daily Journal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daily Journal's price. Additionally, you may evaluate how the addition of Daily Journal to your portfolios can decrease your overall portfolio volatility.
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Is Daily Journal'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 Daily Journal. If investors know Daily 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 Daily Journal 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 (0.29) | Earnings Share 11.8 | Revenue Per Share 51.852 | Quarterly Revenue Growth 0.3 | Return On Assets 0.0179 |
The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal'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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal'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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal'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.