Accuray Ebitda from 2010 to 2024

ARAY Stock  USD 1.62  0.07  4.14%   
Accuray Incorporated EBITDA yearly trend continues to be fairly stable with very little volatility. EBITDA is likely to outpace its year average in 2024. During the period from 2010 to 2024, Accuray Incorporated EBITDA regression line of annual values had r-squared of  0.22 and arithmetic mean of  699,998. View All Fundamentals
 
EBITDA  
First Reported
2004-09-30
Previous Quarter
-3 M
Current Value
-3 M
Quarterly Volatility
11.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Accuray Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accuray main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 M, Interest Expense of 8.4 M or Total Revenue of 294.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0 or PTB Ratio of 6.47. Accuray financial statements analysis is a perfect complement when working with Accuray Incorporated Valuation or Volatility modules.
  
This module can also supplement Accuray Incorporated's financial leverage analysis and stock options assessment as well as various Accuray Incorporated Technical models . Check out the analysis of Accuray Incorporated Correlation against competitors.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.

Latest Accuray Incorporated's Ebitda Growth Pattern

Below is the plot of the Ebitda of Accuray Incorporated over the last few years. It is Accuray Incorporated's EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Accuray Incorporated's overall financial position and show how it may be relating to other accounts over time.
Ebitda10 Years Trend
Slightly volatile
   Ebitda   
       Timeline  

Accuray Ebitda Regression Statistics

Arithmetic Mean699,998
Geometric Mean7,582,627
Coefficient Of Variation3,214
Mean Deviation14,279,999
Median7,945,350
Standard Deviation22,496,391
Sample Variance506.1T
Range77.3M
R-Value0.47
Mean Square Error425.6T
R-Squared0.22
Significance0.08
Slope2,354,237
Total Sum of Squares7085.2T

Accuray Ebitda History

20248.3 M
20237.9 M
20226.9 M
20218.1 M
202022.2 M
201911.9 M
2018583 K

About Accuray Incorporated Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Accuray Incorporated income statement, its balance sheet, and the statement of cash flows. Accuray Incorporated investors use historical funamental indicators, such as Accuray Incorporated's Ebitda, to determine how well the company is positioned to perform in the future. Although Accuray Incorporated investors may use each financial statement separately, they are all related. The changes in Accuray Incorporated's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Accuray Incorporated'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 Accuray Incorporated Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Accuray Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
EBITDA7.9 M8.3 M

Pair Trading with Accuray Incorporated

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 Accuray Incorporated 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 Accuray Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving together with Accuray Stock

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The ability to find closely correlated positions to Accuray Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accuray Incorporated 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 Accuray Incorporated - 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 Accuray Incorporated to buy it.
The correlation of Accuray Incorporated 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 Accuray Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accuray Incorporated 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 Accuray Incorporated 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
When determining whether Accuray Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Accuray Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Accuray Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Accuray Incorporated Stock:
Check out the analysis of Accuray Incorporated Correlation against competitors.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.
Note that the Accuray Incorporated information on this page should be used as a complementary analysis to other Accuray Incorporated'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Accuray Incorporated'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 Accuray Incorporated. If investors know Accuray 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 Accuray Incorporated 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
(0.96)
Earnings Share
(0.22)
Revenue Per Share
4.422
Quarterly Revenue Growth
0.168
Return On Assets
(0.01)
The market value of Accuray Incorporated is measured differently than its book value, which is the value of Accuray that is recorded on the company's balance sheet. Investors also form their own opinion of Accuray Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Accuray Incorporated'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 Accuray Incorporated's market value can be influenced by many factors that don't directly affect Accuray Incorporated'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 Accuray Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accuray Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accuray Incorporated'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.