Axogen Non Operating Income Net Other from 2010 to 2024

AXGN Stock  USD 6.56  0.15  2.34%   
Axogen Non Operating Income Net Other yearly trend continues to be very stable with very little volatility. Non Operating Income Net Other is likely to grow to about 1.7 M this year. During the period from 2010 to 2024, Axogen Non Operating Income Net Other quarterly data regression pattern had sample variance of 991.9 B and median of (213,000). View All Fundamentals
 
Non Operating Income Net Other  
First Reported
2011-06-30
Previous Quarter
283 K
Current Value
390 K
Quarterly Volatility
459.1 K
 
Yuan Drop
 
Covid
Check Axogen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axogen main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.8 M, Interest Expense of 8.5 M or Total Revenue of 167 M, as well as many exotic indicators such as Price To Sales Ratio of 1.75, Dividend Yield of 1.39 or PTB Ratio of 2.91. Axogen financial statements analysis is a perfect complement when working with Axogen Valuation or Volatility modules.
  
This module can also supplement Axogen's financial leverage analysis and stock options assessment as well as various Axogen Technical models . Check out the analysis of Axogen Correlation against competitors.

Latest Axogen's Non Operating Income Net Other Growth Pattern

Below is the plot of the Non Operating Income Net Other of Axogen Inc over the last few years. It is Axogen's Non Operating Income Net Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Axogen's overall financial position and show how it may be relating to other accounts over time.
Non Operating Income Net Other10 Years Trend
Slightly volatile
   Non Operating Income Net Other   
       Timeline  

Axogen Non Operating Income Net Other Regression Statistics

Arithmetic Mean(81,994)
Geometric Mean611,590
Coefficient Of Variation(1,215)
Mean Deviation793,785
Median(213,000)
Standard Deviation995,917
Sample Variance991.9B
Range2.8M
R-Value0.86
Mean Square Error279.3B
R-Squared0.74
Significance0.00004
Slope191,375
Total Sum of Squares13.9T

Axogen Non Operating Income Net Other History

20241.7 M
20231.6 M
20221.4 M
2021-213 K
2019450 K
2018-770 K
2017-277.3 K

About Axogen Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Axogen income statement, its balance sheet, and the statement of cash flows. Axogen investors use historical funamental indicators, such as Axogen's Non Operating Income Net Other, to determine how well the company is positioned to perform in the future. Although Axogen investors may use each financial statement separately, they are all related. The changes in Axogen's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Axogen'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 Axogen Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Axogen. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Operating Income Net Other1.6 M1.7 M
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 Axogen 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, Axogen's short interest history, or implied volatility extrapolated from Axogen options trading.

Pair Trading with Axogen

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

Moving against Axogen Stock

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The ability to find closely correlated positions to Axogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axogen 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 Axogen - 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 Axogen Inc to buy it.
The correlation of Axogen 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 Axogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axogen Inc 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 Axogen 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 Axogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axogen'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 Axogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axogen Inc Stock:
Check out the analysis of Axogen Correlation against competitors.
Note that the Axogen Inc information on this page should be used as a complementary analysis to other Axogen'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 Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Axogen's price analysis, check to measure Axogen'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 Axogen is operating at the current time. Most of Axogen's value examination focuses on studying past and present price action to predict the probability of Axogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axogen's price. Additionally, you may evaluate how the addition of Axogen to your portfolios can decrease your overall portfolio volatility.
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Is Axogen'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 Axogen. If investors know Axogen 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 Axogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Revenue Per Share
3.708
Quarterly Revenue Growth
0.187
Return On Assets
(0.07)
Return On Equity
(0.22)
The market value of Axogen Inc is measured differently than its book value, which is the value of Axogen that is recorded on the company's balance sheet. Investors also form their own opinion of Axogen's value that differs from its market value or its book value, called intrinsic value, which is Axogen'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 Axogen's market value can be influenced by many factors that don't directly affect Axogen'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 Axogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axogen'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.