Addus Capital Expenditure Coverage Ratio from 2010 to 2024
| ADUS Stock | USD 118.02 1.22 1.04% |
Capital Expenditure Coverage Ratio | First Reported 2010-12-31 | Previous Quarter (11.87) | Current Value (12.47) | Quarterly Volatility 9.36399112 |
Check Addus HomeCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Addus HomeCare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.1 M, Interest Expense of 11.7 M or Selling General Administrative of 246.5 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0578 or PTB Ratio of 1.42. Addus financial statements analysis is a perfect complement when working with Addus HomeCare Valuation or Volatility modules.
Addus | Capital Expenditure Coverage Ratio |
Latest Addus HomeCare's Capital Expenditure Coverage Ratio Growth Pattern
Below is the plot of the Capital Expenditure Coverage Ratio of Addus HomeCare over the last few years. It is Addus HomeCare's Capital Expenditure Coverage Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Addus HomeCare's overall financial position and show how it may be relating to other accounts over time.
| Capital Expenditure Coverage Ratio | 10 Years Trend |
|
Capital Expenditure Coverage Ratio |
| Timeline |
Addus Capital Expenditure Coverage Ratio Regression Statistics
| Arithmetic Mean | (11.03) | |
| Geometric Mean | 6.74 | |
| Coefficient Of Variation | (84.91) | |
| Mean Deviation | 7.08 | |
| Median | (11.87) | |
| Standard Deviation | 9.36 | |
| Sample Variance | 87.68 | |
| Range | 31.3404 | |
| R-Value | 0.15 | |
| Mean Square Error | 92.28 | |
| R-Squared | 0.02 | |
| Significance | 0.59 | |
| Slope | 0.32 | |
| Total Sum of Squares | 1,228 |
Addus Capital Expenditure Coverage Ratio History
About Addus HomeCare Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Addus HomeCare income statement, its balance sheet, and the statement of cash flows. Addus HomeCare investors use historical funamental indicators, such as Addus HomeCare's Capital Expenditure Coverage Ratio, to determine how well the company is positioned to perform in the future. Although Addus HomeCare investors may use each financial statement separately, they are all related. The changes in Addus HomeCare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Addus HomeCare'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 Addus HomeCare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Addus HomeCare. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Capital Expenditure Coverage Ratio | (11.87) | (12.47) |
Pair Trading with Addus HomeCare
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 Addus HomeCare 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 Addus HomeCare will appreciate offsetting losses from the drop in the long position's value.Moving together with Addus Stock
Moving against Addus Stock
| 0.74 | PRGO | Perrigo Company Buyout Trend | PairCorr |
| 0.68 | ATXI | Avenue Therapeutics | PairCorr |
| 0.66 | AVDL | Avadel Pharmaceuticals | PairCorr |
| 0.63 | ACRS | Aclaris Therapeutics Buyout Trend | PairCorr |
| 0.54 | ANVS | Annovis Bio Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Addus HomeCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addus HomeCare 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 Addus HomeCare - 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 Addus HomeCare to buy it.
The correlation of Addus HomeCare 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 Addus HomeCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addus HomeCare 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 Addus HomeCare 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 Addus Stock Analysis
When running Addus HomeCare's price analysis, check to measure Addus HomeCare'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 Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.