Envista Cash Per Share from 2010 to 2024
| NVST Stock | USD 18.25 0.19 1.03% |
Cash Per Share | First Reported 2010-12-31 | Previous Quarter 5.63211504 | Current Value 3.7 | Quarterly Volatility 1.84718901 |
Check Envista Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envista Holdings' main balance sheet or income statement drivers, such as Tax Provision of 38.9 M, Interest Expense of 66.6 M or Selling General Administrative of 846 M, as well as many indicators such as Price To Sales Ratio of 1.5, Dividend Yield of 0.0 or PTB Ratio of 0.96. Envista financial statements analysis is a perfect complement when working with Envista Holdings Valuation or Volatility modules.
Envista | Cash Per Share |
Latest Envista Holdings' Cash Per Share Growth Pattern
Below is the plot of the Cash Per Share of Envista Holdings Corp over the last few years. It is Envista Holdings' Cash Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envista Holdings' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.20 X | 10 Years Trend |
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Cash Per Share |
| Timeline |
Envista Cash Per Share Regression Statistics
| Arithmetic Mean | 2.72 | |
| Geometric Mean | 2.28 | |
| Coefficient Of Variation | 67.92 | |
| Mean Deviation | 1.56 | |
| Median | 1.55 | |
| Standard Deviation | 1.85 | |
| Sample Variance | 3.41 | |
| Range | 5.1094 | |
| R-Value | 0.72 | |
| Mean Square Error | 1.79 | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | 0.30 | |
| Total Sum of Squares | 47.77 |
Envista Cash Per Share History
About Envista Holdings Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Envista Holdings income statement, its balance sheet, and the statement of cash flows. Envista Holdings investors use historical funamental indicators, such as Envista Holdings's Cash Per Share, to determine how well the company is positioned to perform in the future. Although Envista Holdings investors may use each financial statement separately, they are all related. The changes in Envista Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Envista Holdings'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 Envista Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Envista Holdings. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 5.63 | 3.70 |
Pair Trading with Envista Holdings
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 Envista Holdings 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 Envista Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Envista Stock
| 0.86 | ABT | Abbott Laboratories Buyout Trend | PairCorr |
Moving against Envista Stock
| 0.85 | RDNT | RadNet Inc | PairCorr |
| 0.83 | KIDS | Orthopediatrics Corp | PairCorr |
| 0.82 | SILK | Silk Road Medical | PairCorr |
| 0.67 | LIVN | LivaNova PLC | PairCorr |
| 0.44 | PFE | Pfizer Inc Financial Report 6th of August 2024 | PairCorr |
The ability to find closely correlated positions to Envista Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Envista Holdings 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 Envista Holdings - 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 Envista Holdings Corp to buy it.
The correlation of Envista Holdings 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 Envista Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envista Holdings Corp 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 Envista Holdings 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 Envista Stock Analysis
When running Envista Holdings' price analysis, check to measure Envista Holdings' 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 Envista Holdings is operating at the current time. Most of Envista Holdings' value examination focuses on studying past and present price action to predict the probability of Envista Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envista Holdings' price. Additionally, you may evaluate how the addition of Envista Holdings to your portfolios can decrease your overall portfolio volatility.