Alkermes Property Plant And Equipment Gross from 2010 to 2024
| ALKS Stock | USD 24.81 0.31 1.27% |
Property Plant And Equipment Gross | First Reported 1991-06-30 | Previous Quarter 548.6 M | Current Value 552.7 M | Quarterly Volatility 196.1 M |
Check Alkermes Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alkermes Plc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.2 M, Interest Expense of 20.9 M or Selling General Administrative of 162.4 M, as well as many indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.0 or PTB Ratio of 3.64. Alkermes financial statements analysis is a perfect complement when working with Alkermes Plc Valuation or Volatility modules.
Alkermes | Property Plant And Equipment Gross |
Latest Alkermes Plc's Property Plant And Equipment Gross Growth Pattern
Below is the plot of the Property Plant And Equipment Gross of Alkermes Plc over the last few years. It is Alkermes Plc's Property Plant And Equipment Gross historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alkermes Plc's overall financial position and show how it may be relating to other accounts over time.
| Property Plant And Equipment Gross | 10 Years Trend |
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Property Plant And Equipment Gross |
| Timeline |
Alkermes Property Plant And Equipment Gross Regression Statistics
| Arithmetic Mean | 396,176,680 | |
| Geometric Mean | 260,400,597 | |
| Coefficient Of Variation | 59.06 | |
| Mean Deviation | 180,334,907 | |
| Median | 302,995,000 | |
| Standard Deviation | 233,982,595 | |
| Sample Variance | 54747.9T | |
| Range | 873.8M | |
| R-Value | 0.80 | |
| Mean Square Error | 21681.1T | |
| R-Squared | 0.63 | |
| Significance | 0.0004 | |
| Slope | 41,602,548 | |
| Total Sum of Squares | 766470T |
Alkermes Property Plant And Equipment Gross History
About Alkermes Plc Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Alkermes Plc income statement, its balance sheet, and the statement of cash flows. Alkermes Plc investors use historical funamental indicators, such as Alkermes Plc's Property Plant And Equipment Gross, to determine how well the company is positioned to perform in the future. Although Alkermes Plc investors may use each financial statement separately, they are all related. The changes in Alkermes Plc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alkermes Plc'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 Alkermes Plc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alkermes Plc. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Property Plant And Equipment Gross | 548.6 M | 576 M |
Pair Trading with Alkermes Plc
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 Alkermes Plc 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 Alkermes Plc will appreciate offsetting losses from the drop in the long position's value.Moving together with Alkermes Stock
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| 0.88 | BIO | Bio Rad Laboratories | PairCorr |
Moving against Alkermes Stock
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| 0.49 | MRK | Merck Company Financial Report 6th of August 2024 | PairCorr |
| 0.44 | IBRX | Immunitybio | PairCorr |
The ability to find closely correlated positions to Alkermes Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alkermes Plc 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 Alkermes Plc - 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 Alkermes Plc to buy it.
The correlation of Alkermes Plc 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 Alkermes Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alkermes Plc 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 Alkermes Plc 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 Alkermes Stock Analysis
When running Alkermes Plc's price analysis, check to measure Alkermes Plc'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 Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.