Hims Non Currrent Assets Other from 2010 to 2024
| HIMS Stock | USD 19.42 0.95 4.66% |
Non Currrent Assets Other | First Reported 2010-12-31 | Previous Quarter 91 K | Current Value 95.5 K | Quarterly Volatility 52.3 M |
Check Hims Hers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hims main balance sheet or income statement drivers, such as Interest Expense of 3.6 M, Income Tax Expense of 2.1 M or Tax Provision of 2.1 M, as well as many exotic indicators such as Price To Sales Ratio of 3.43, Dividend Yield of 0.0 or PTB Ratio of 5.69. Hims financial statements analysis is a perfect complement when working with Hims Hers Valuation or Volatility modules.
Hims | Non Currrent Assets Other |
Latest Hims Hers' Non Currrent Assets Other Growth Pattern
Below is the plot of the Non Currrent Assets Other of Hims Hers Health over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Hims Hers' Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hims Hers' overall financial position and show how it may be relating to other accounts over time.
| Non Currrent Assets Other | 10 Years Trend |
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Non Currrent Assets Other |
| Timeline |
Hims Non Currrent Assets Other Regression Statistics
| Arithmetic Mean | (10,217,900) | |
| Coefficient Of Variation | (511.94) | |
| Mean Deviation | 25,167,087 | |
| Median | 2,463,000 | |
| Standard Deviation | 52,309,248 | |
| Sample Variance | 2736.3T | |
| Range | 211.1M | |
| R-Value | (0.17) | |
| Mean Square Error | 2860.1T | |
| R-Squared | 0.03 | |
| Significance | 0.54 | |
| Slope | (2,005,862) | |
| Total Sum of Squares | 38307.6T |
Hims Non Currrent Assets Other History
About Hims Hers Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Hims Hers income statement, its balance sheet, and the statement of cash flows. Hims Hers investors use historical funamental indicators, such as Hims Hers's Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although Hims Hers investors may use each financial statement separately, they are all related. The changes in Hims Hers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hims Hers'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 Hims Hers Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hims Hers. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Currrent Assets Other | 91 K | 95.5 K |
Pair Trading with Hims Hers
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 Hims Hers 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 Hims Hers will appreciate offsetting losses from the drop in the long position's value.Moving against Hims Stock
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The ability to find closely correlated positions to Hims Hers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hims Hers 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 Hims Hers - 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 Hims Hers Health to buy it.
The correlation of Hims Hers 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 Hims Hers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hims Hers Health 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 Hims Hers 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.Check out the analysis of Hims Hers Correlation against competitors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Hims Stock analysis
When running Hims Hers' price analysis, check to measure Hims Hers' 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 Hims Hers is operating at the current time. Most of Hims Hers' value examination focuses on studying past and present price action to predict the probability of Hims Hers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hims Hers' price. Additionally, you may evaluate how the addition of Hims Hers to your portfolios can decrease your overall portfolio volatility.
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Is Hims Hers' 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 Hims Hers. If investors know Hims 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 Hims Hers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 4.549 | Quarterly Revenue Growth 0.458 | Return On Assets (0.01) | Return On Equity (0.01) |
The market value of Hims Hers Health is measured differently than its book value, which is the value of Hims that is recorded on the company's balance sheet. Investors also form their own opinion of Hims Hers' value that differs from its market value or its book value, called intrinsic value, which is Hims Hers' 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 Hims Hers' market value can be influenced by many factors that don't directly affect Hims Hers' 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 Hims Hers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hims Hers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hims Hers' 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.