Dicks Deferred Revenue vs Total Assets Analysis

DKS
 Stock
  

USD 111.25  1.22  1.08%   

Dicks Sporting financial indicator trend analysis is much more than just examining Dicks Sporting Goods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dicks Sporting Goods is a good investment. Please check the relationship between Dicks Sporting Deferred Revenue and its Total Assets accounts. Continue to Investing Opportunities.

Deferred Revenue vs Total Assets

Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dicks Sporting Goods Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dicks Sporting's Deferred Revenue and Total Assets is -0.69. Overlapping area represents the amount of variation of Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Dicks Sporting Goods, assuming nothing else is changed. The correlation between historical values of Dicks Sporting's Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Revenue of Dicks Sporting Goods are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Deferred Revenue i.e., Dicks Sporting's Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Deferred Revenue

A component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income.

Total Assets

Total assets refers to the total amount of Dicks Sporting assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dicks Sporting Goods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.
Most indicators from Dicks Sporting fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dicks Sporting Goods 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. Continue to Investing Opportunities.Dicks Sporting Net Cash Flow Investment Acquisitions and Disposals is relatively stable at the moment as compared to the past year. Dicks Sporting reported last year Net Cash Flow Investment Acquisitions and Disposals of 31.74 Million. As of 08/19/2022, Enterprise Value over EBIT is likely to grow to 8.95, while Net Cash Flow Business Acquisitions and Disposals is likely to drop (140.2 M).
 2010 2014 2020 2022 (projected)
Consolidated Income337.6 M297.46 M1.52 B981.09 M
Direct Expenses4.27 B6.2 B7.58 B6.48 B

Dicks Sporting fundamental ratios Correlations

-0.160.950.940.630.980.330.971.00.97-0.870.440.961.0-0.2-0.20.960.950.960.950.98-0.16-0.85-1.0
-0.160.120.120.57-0.330.76-0.01-0.20.010.630.79-0.19-0.16-0.76-0.760.070.090.050.12-0.361.00.50.16
0.950.121.00.850.880.610.990.950.99-0.690.690.860.95-0.39-0.391.01.01.01.00.860.12-0.64-0.96
0.940.121.00.850.870.630.990.940.99-0.690.70.850.94-0.38-0.381.01.01.01.00.850.12-0.63-0.95
0.630.570.850.850.490.940.780.630.8-0.220.950.480.63-0.61-0.610.820.830.820.850.460.57-0.15-0.65
0.98-0.330.880.870.490.160.930.980.92-0.940.280.960.98-0.06-0.060.90.890.90.881.0-0.33-0.92-0.98
0.330.760.610.630.940.160.520.330.540.110.960.160.33-0.66-0.660.580.590.580.610.130.760.2-0.36
0.97-0.010.990.990.780.930.520.981.0-0.780.60.890.97-0.29-0.291.00.991.00.990.91-0.01-0.71-0.98
1.0-0.20.950.940.630.980.330.980.97-0.890.430.941.0-0.16-0.160.960.950.960.950.98-0.2-0.84-1.0
0.970.010.990.990.80.920.541.00.97-0.760.620.880.97-0.31-0.311.01.01.00.990.90.01-0.69-0.98
-0.870.63-0.69-0.69-0.22-0.940.11-0.78-0.89-0.760.04-0.84-0.87-0.23-0.23-0.73-0.71-0.73-0.69-0.950.630.910.87
0.440.790.690.70.950.280.960.60.430.620.040.340.44-0.76-0.760.660.670.650.690.250.790.02-0.46
0.96-0.190.860.850.480.960.160.890.940.88-0.840.340.96-0.21-0.210.860.870.860.860.96-0.19-0.93-0.95
1.0-0.160.950.940.630.980.330.971.00.97-0.870.440.96-0.2-0.20.960.950.960.950.98-0.16-0.85-1.0
-0.2-0.76-0.39-0.38-0.61-0.06-0.66-0.29-0.16-0.31-0.23-0.76-0.21-0.21.0-0.34-0.37-0.33-0.39-0.04-0.76-0.070.2
-0.2-0.76-0.39-0.38-0.61-0.06-0.66-0.29-0.16-0.31-0.23-0.76-0.21-0.21.0-0.34-0.37-0.33-0.39-0.04-0.76-0.070.2
0.960.071.01.00.820.90.581.00.961.0-0.730.660.860.96-0.34-0.341.01.01.00.880.07-0.66-0.97
0.950.091.01.00.830.890.590.990.951.0-0.710.670.870.95-0.37-0.371.01.01.00.870.09-0.66-0.96
0.960.051.01.00.820.90.581.00.961.0-0.730.650.860.96-0.33-0.331.01.01.00.880.05-0.67-0.97
0.950.121.01.00.850.880.610.990.950.99-0.690.690.860.95-0.39-0.391.01.01.00.860.12-0.64-0.96
0.98-0.360.860.850.461.00.130.910.980.9-0.950.250.960.98-0.04-0.040.880.870.880.86-0.36-0.93-0.97
-0.161.00.120.120.57-0.330.76-0.01-0.20.010.630.79-0.19-0.16-0.76-0.760.070.090.050.12-0.360.50.16
-0.850.5-0.64-0.63-0.15-0.920.2-0.71-0.84-0.690.910.02-0.93-0.85-0.07-0.07-0.66-0.66-0.67-0.64-0.930.50.83
-1.00.16-0.96-0.95-0.65-0.98-0.36-0.98-1.0-0.980.87-0.46-0.95-1.00.20.2-0.97-0.96-0.97-0.96-0.970.160.83
Click cells to compare fundamentals

Dicks Sporting Account Relationship Matchups

Dicks Sporting Investors Sentiment

The influence of Dicks Sporting's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dicks. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Dicks Sporting's public news can be used to forecast risks associated with investment in Dicks. The trend in average sentiment can be used to explain how an investor holding Dicks can time the market purely based on public headlines and social activities around Dicks Sporting Goods. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Dicks Sporting's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dicks Sporting's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dicks Sporting's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dicks Sporting.

Dicks Sporting Implied Volatility

    
  48.63  
Dicks Sporting's implied volatility exposes the market's sentiment of Dicks Sporting Goods stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dicks Sporting's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dicks Sporting stock will not fluctuate a lot when Dicks Sporting's options are near their expiration.
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 Dicks Sporting 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, Dicks Sporting's short interest history, or implied volatility extrapolated from Dicks Sporting options trading.

Pair Trading with Dicks Sporting

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

Moving together with Dicks Sporting

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0.73AZOAutozone Fiscal Year End 20th of September 2022 PairCorr
0.71BGFVBig 5 Sporting Normal TradingPairCorr

Moving against Dicks Sporting

0.52ALLGAllego NV Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to Dicks Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicks Sporting 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 Dicks Sporting - 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 Dicks Sporting Goods to buy it.
The correlation of Dicks Sporting 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 Dicks Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dicks Sporting Goods 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 Dicks Sporting 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
Continue to Investing Opportunities. Note that the Dicks Sporting Goods information on this page should be used as a complementary analysis to other Dicks Sporting'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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Dicks Sporting Goods price analysis, check to measure Dicks Sporting'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 Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.
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Is Dicks Sporting'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 Dicks Sporting. If investors know Dicks 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 Dicks Sporting 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 YOY
-0.27
Market Capitalization
B
Quarterly Revenue Growth YOY
-0.075
Return On Assets
0.14
Return On Equity
0.59
The market value of Dicks Sporting Goods is measured differently than its book value, which is the value of Dicks that is recorded on the company's balance sheet. Investors also form their own opinion of Dicks Sporting's value that differs from its market value or its book value, called intrinsic value, which is Dicks Sporting'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 Dicks Sporting's market value can be influenced by many factors that don't directly affect Dicks Sporting'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 Dicks Sporting's value and its price as these two are different measures arrived at by different means. Investors typically determine Dicks Sporting value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dicks Sporting'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.