DoubleVerify Total Other Income Expense Net vs Ebit Analysis

DV Stock  USD 18.00  0.20  1.10%   
DoubleVerify Holdings financial indicator trend analysis is much more than just examining DoubleVerify Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DoubleVerify Holdings is a good investment. Please check the relationship between DoubleVerify Holdings Total Other Income Expense Net and its Ebit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoubleVerify Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.

Total Other Income Expense Net vs Ebit

Total Other Income Expense Net vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DoubleVerify Holdings Total Other Income Expense Net account and Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between DoubleVerify Holdings' Total Other Income Expense Net and Ebit is 0.71. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Ebit in the same time period over historical financial statements of DoubleVerify Holdings, assuming nothing else is changed. The correlation between historical values of DoubleVerify Holdings' Total Other Income Expense Net and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of DoubleVerify Holdings are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Other Income Expense Net i.e., DoubleVerify Holdings' Total Other Income Expense Net and Ebit go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Other Income Expense Net

Ebit

Most indicators from DoubleVerify Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DoubleVerify Holdings 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 DoubleVerify Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.At this time, DoubleVerify Holdings' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 84.61 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization30.6M35.6M40.9M32.0M
Interest Income1.2M905K814.5K773.8K

DoubleVerify Holdings fundamental ratios Correlations

0.210.880.991.0-0.920.950.90.850.990.34-0.90.990.980.990.88-0.90.940.80.960.691.00.94-0.27-0.730.88
0.210.480.190.15-0.450.110.250.290.17-0.610.120.170.220.140.310.1-0.02-0.340.070.810.170.17-0.130.010.39
0.880.480.860.85-0.930.910.940.930.850.02-0.790.850.870.840.97-0.810.770.540.80.830.860.93-0.55-0.620.99
0.990.190.860.98-0.890.930.910.850.950.4-0.880.950.990.990.87-0.890.960.840.990.710.980.92-0.35-0.830.87
1.00.150.850.98-0.910.950.90.840.990.38-0.920.990.980.990.87-0.920.960.830.970.651.00.94-0.26-0.730.87
-0.92-0.45-0.93-0.89-0.91-0.86-0.86-0.84-0.92-0.120.82-0.92-0.91-0.86-0.870.83-0.84-0.55-0.82-0.77-0.92-0.880.340.55-0.92
0.950.110.910.930.95-0.860.950.910.940.31-0.940.940.920.940.95-0.940.890.80.920.610.951.0-0.41-0.710.92
0.90.250.940.910.9-0.860.950.990.850.14-0.870.850.910.910.98-0.880.850.740.880.710.890.96-0.6-0.750.97
0.850.290.930.850.84-0.840.910.990.80.02-0.830.80.860.850.97-0.840.790.660.80.690.830.92-0.62-0.650.97
0.990.170.850.950.99-0.920.940.850.80.35-0.91.00.940.960.84-0.90.920.770.930.630.990.94-0.17-0.650.84
0.34-0.610.020.40.38-0.120.310.140.020.35-0.50.350.380.380.09-0.490.550.70.52-0.190.380.24-0.05-0.60.06
-0.90.12-0.79-0.88-0.920.82-0.94-0.87-0.83-0.9-0.5-0.9-0.89-0.89-0.851.0-0.95-0.86-0.9-0.4-0.91-0.920.440.7-0.84
0.990.170.850.950.99-0.920.940.850.81.00.35-0.90.940.960.84-0.90.920.770.930.630.990.94-0.17-0.650.84
0.980.220.870.990.98-0.910.920.910.860.940.38-0.890.940.980.87-0.890.960.820.980.710.980.91-0.39-0.820.89
0.990.140.840.990.99-0.860.940.910.850.960.38-0.890.960.980.87-0.890.950.870.980.670.980.93-0.3-0.80.86
0.880.310.970.870.87-0.870.950.980.970.840.09-0.850.840.870.87-0.860.790.660.840.730.860.97-0.59-0.680.98
-0.90.1-0.81-0.89-0.920.83-0.94-0.88-0.84-0.9-0.491.0-0.9-0.89-0.89-0.86-0.95-0.86-0.9-0.41-0.92-0.930.450.7-0.85
0.94-0.020.770.960.96-0.840.890.850.790.920.55-0.950.920.960.950.79-0.950.90.960.510.950.87-0.37-0.80.81
0.8-0.340.540.840.83-0.550.80.740.660.770.7-0.860.770.820.870.66-0.860.90.90.270.810.75-0.33-0.870.61
0.960.070.80.990.97-0.820.920.880.80.930.52-0.90.930.980.980.84-0.90.960.90.630.960.9-0.36-0.880.82
0.690.810.830.710.65-0.770.610.710.690.63-0.19-0.40.630.710.670.73-0.410.510.270.630.660.64-0.34-0.530.77
1.00.170.860.981.0-0.920.950.890.830.990.38-0.910.990.980.980.86-0.920.950.810.960.660.94-0.25-0.720.87
0.940.170.930.920.94-0.881.00.960.920.940.24-0.920.940.910.930.97-0.930.870.750.90.640.94-0.42-0.670.94
-0.27-0.13-0.55-0.35-0.260.34-0.41-0.6-0.62-0.17-0.050.44-0.17-0.39-0.3-0.590.45-0.37-0.33-0.36-0.34-0.25-0.420.56-0.61
-0.730.01-0.62-0.83-0.730.55-0.71-0.75-0.65-0.65-0.60.7-0.65-0.82-0.8-0.680.7-0.8-0.87-0.88-0.53-0.72-0.670.56-0.66
0.880.390.990.870.87-0.920.920.970.970.840.06-0.840.840.890.860.98-0.850.810.610.820.770.870.94-0.61-0.66
Click cells to compare fundamentals

DoubleVerify Holdings Account Relationship Matchups

DoubleVerify Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets466.3M511.3M892.2M1.0B1.2B834.4M
Short Long Term Debt Total78.1M27.0M4.5M83.8M86.4M61.7M
Other Current Liab4.9M2.3M8.4M53.3M53.1M55.8M
Total Current Liabilities32.0M34.0M57.0M68.9M83.9M53.4M
Total Stockholder Equity318.0M416.7M799.1M876.9M1.1B692.5M
Other Liab40.0M35.2M33.5M16.4M14.8M25.9M
Net Tangible Assets(51.7M)67.0M799.1M876.9M1.0B1.1B
Retained Earnings34.5M54.9M84.2M127.5M199.0M208.9M
Accounts Payable1.1M3.5M3.9M6.7M12.9M13.6M
Cash10.9M33.4M221.6M267.8M310.3M160.1M
Other Assets628K2.2M2.8M1.8M1.00.95
Cash And Short Term Investments10.9M33.4M221.6M267.8M310.3M160.1M
Net Receivables68.7M94.7M122.9M167.1M206.9M128.0M
Long Term Debt Total76.2M25.4M2.6M779K701.1K666.0K
Liabilities And Stockholders Equity466.3M511.3M892.2M1.0B1.2B834.4M
Capital Surpluse283.2M620.7M717.2M756.3M869.7M584.9M
Other Current Assets5.6M13.9M23.3M10.2M15.8M12.7M
Other Stockholder Equity283.5M360.0M715.4M755.5M877.6M548.5M
Total Liab148.3M94.6M93.1M160.2M169.1M141.9M
Total Current Assets85.2M141.9M367.8M445.1M533.0M301.5M
Cash And Equivalents10.9M33.4M221.6M267.8M308.0M323.4M
Short Term Debt1.8M1.5M2.0M8.9M12.0M12.6M
Intangible Assets139.6M121.7M153.4M135.4M140.9M111.5M
Property Plant Equipment10.7M18.1M17.6M47.0M54.1M56.8M

Pair Trading with DoubleVerify Holdings

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

Moving together with DoubleVerify Stock

  0.86U Unity SoftwarePairCorr
  0.73BL BlacklinePairCorr

Moving against DoubleVerify Stock

  0.67ML MoneyLionPairCorr
  0.52DJCO Daily Journal CorpPairCorr
The ability to find closely correlated positions to DoubleVerify Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DoubleVerify Holdings 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 DoubleVerify Holdings - 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 DoubleVerify Holdings to buy it.
The correlation of DoubleVerify Holdings 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 DoubleVerify Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DoubleVerify 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 DoubleVerify Holdings 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

Additional Tools for DoubleVerify Stock Analysis

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