Axcelis Net Cash Flow from Operations from 2010 to 2024
| ACLS Stock | USD 98.68 1.44 1.48% |
Check Axcelis Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axcelis main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.8 M, Interest Expense of 4.3 M or Selling General Administrative of 35.1 M, as well as many exotic indicators such as Price To Sales Ratio of 3.95, Dividend Yield of 0.0 or PTB Ratio of 5.16. Axcelis financial statements analysis is a perfect complement when working with Axcelis Technologies Valuation or Volatility modules.
Axcelis | Net Cash Flow from Operations |
About Axcelis Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Axcelis Technologies income statement, its balance sheet, and the statement of cash flows. Axcelis Technologies investors use historical funamental indicators, such as Axcelis Technologies's Net Cash Flow from Operations, to determine how well the company is positioned to perform in the future. Although Axcelis Technologies investors may use each financial statement separately, they are all related. The changes in Axcelis Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Axcelis Technologies'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 Axcelis Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Axcelis Technologies. Please read more on our technical analysis and fundamental analysis pages.
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company was founded in 1978 and is headquartered in Beverly, Massachusetts. Axcelis Tech operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1122 people.
Pair Trading with Axcelis Technologies
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 Axcelis Technologies 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 Axcelis Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Axcelis Stock
| 0.83 | MX | MagnaChip Semiconductor Earnings Call Next Week | PairCorr |
| 0.73 | INTC | Intel Earnings Call Tomorrow | PairCorr |
Moving against Axcelis Stock
| 0.78 | GDDY | Godaddy Earnings Call Next Week | PairCorr |
| 0.65 | LRCX | Lam Research Corp Financial Report 24th of July 2024 | PairCorr |
| 0.62 | KLAC | KLA Tencor Earnings Call Tomorrow | PairCorr |
| 0.61 | SQ | Block Inc Earnings Call Next Week | PairCorr |
| 0.61 | AVNW | Aviat Networks Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Axcelis Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axcelis Technologies 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 Axcelis Technologies - 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 Axcelis Technologies to buy it.
The correlation of Axcelis Technologies 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 Axcelis Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axcelis Technologies 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 Axcelis Technologies 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 Axcelis Technologies Correlation against competitors. For more information on how to buy Axcelis Stock please use our How to Invest in Axcelis Technologies guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Axcelis Stock analysis
When running Axcelis Technologies' price analysis, check to measure Axcelis Technologies' 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 Axcelis Technologies is operating at the current time. Most of Axcelis Technologies' value examination focuses on studying past and present price action to predict the probability of Axcelis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axcelis Technologies' price. Additionally, you may evaluate how the addition of Axcelis Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Axcelis Technologies' 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 Axcelis Technologies. If investors know Axcelis 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 Axcelis Technologies 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 0.256 | Earnings Share 7.43 | Revenue Per Share 34.514 | Quarterly Revenue Growth 0.166 | Return On Assets 0.1447 |
The market value of Axcelis Technologies is measured differently than its book value, which is the value of Axcelis that is recorded on the company's balance sheet. Investors also form their own opinion of Axcelis Technologies' value that differs from its market value or its book value, called intrinsic value, which is Axcelis Technologies' 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 Axcelis Technologies' market value can be influenced by many factors that don't directly affect Axcelis Technologies' 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 Axcelis Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Axcelis Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axcelis Technologies' 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.