BiocardiaInc Selling General Administrative from 2010 to 2024
| BCDA Stock | USD 0.38 0.01 2.70% |
Selling General Administrative | First Reported 1996-09-30 | Previous Quarter 1.1 M | Current Value 941 K | Quarterly Volatility 897.6 K |
Check BiocardiaInc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BiocardiaInc main balance sheet or income statement drivers, such as Depreciation And Amortization of 242 K, Interest Expense of 6.6 K or Selling General Administrative of 3.3 M, as well as many exotic indicators such as Price To Sales Ratio of 28.02, Dividend Yield of 0.0158 or Days Sales Outstanding of 45.8. BiocardiaInc financial statements analysis is a perfect complement when working with BiocardiaInc Valuation or Volatility modules.
BiocardiaInc | Selling General Administrative |
Latest BiocardiaInc's Selling General Administrative Growth Pattern
Below is the plot of the Selling General Administrative of BiocardiaInc over the last few years. It is BiocardiaInc's Selling General Administrative historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BiocardiaInc's overall financial position and show how it may be relating to other accounts over time.
| Selling General Administrative | 10 Years Trend |
|
Selling General Administrative |
| Timeline |
BiocardiaInc Selling General Administrative Regression Statistics
| Arithmetic Mean | 3,104,978 | |
| Geometric Mean | 1,780,232 | |
| Coefficient Of Variation | 72.55 | |
| Mean Deviation | 1,964,243 | |
| Median | 3,734,000 | |
| Standard Deviation | 2,252,530 | |
| Sample Variance | 5.1T | |
| Range | 5.8M | |
| R-Value | 0.71 | |
| Mean Square Error | 2.7T | |
| R-Squared | 0.50 | |
| Significance | 0 | |
| Slope | 356,914 | |
| Total Sum of Squares | 71T |
BiocardiaInc Selling General Administrative History
About BiocardiaInc Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include BiocardiaInc income statement, its balance sheet, and the statement of cash flows. BiocardiaInc investors use historical funamental indicators, such as BiocardiaInc's Selling General Administrative, to determine how well the company is positioned to perform in the future. Although BiocardiaInc investors may use each financial statement separately, they are all related. The changes in BiocardiaInc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BiocardiaInc'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 BiocardiaInc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BiocardiaInc. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Selling General Administrative | 4.4 M | 3.3 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 BiocardiaInc 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, BiocardiaInc's short interest history, or implied volatility extrapolated from BiocardiaInc options trading.
Pair Trading with BiocardiaInc
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 BiocardiaInc 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 BiocardiaInc will appreciate offsetting losses from the drop in the long position's value.Moving against BiocardiaInc Stock
| 0.56 | ACB | Aurora Cannabis Sell-off Trend | PairCorr |
| 0.51 | CGC | Canopy Growth Corp Financial Report 27th of June 2024 | PairCorr |
| 0.47 | ELYM | Eliem Therapeutics Upward Rally | PairCorr |
The ability to find closely correlated positions to BiocardiaInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BiocardiaInc 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 BiocardiaInc - 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 BiocardiaInc to buy it.
The correlation of BiocardiaInc 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 BiocardiaInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BiocardiaInc 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 BiocardiaInc 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 BiocardiaInc Correlation against competitors. For information on how to trade BiocardiaInc Stock refer to our How to Trade BiocardiaInc Stock guide.Note that the BiocardiaInc information on this page should be used as a complementary analysis to other BiocardiaInc'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for BiocardiaInc Stock analysis
When running BiocardiaInc's price analysis, check to measure BiocardiaInc'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 BiocardiaInc is operating at the current time. Most of BiocardiaInc's value examination focuses on studying past and present price action to predict the probability of BiocardiaInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BiocardiaInc's price. Additionally, you may evaluate how the addition of BiocardiaInc to your portfolios can decrease your overall portfolio volatility.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Is BiocardiaInc'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 BiocardiaInc. If investors know BiocardiaInc 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 BiocardiaInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.55) | Revenue Per Share 0.023 | Quarterly Revenue Growth (0.88) | Return On Assets (1.14) | Return On Equity (7.04) |
The market value of BiocardiaInc is measured differently than its book value, which is the value of BiocardiaInc that is recorded on the company's balance sheet. Investors also form their own opinion of BiocardiaInc's value that differs from its market value or its book value, called intrinsic value, which is BiocardiaInc'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 BiocardiaInc's market value can be influenced by many factors that don't directly affect BiocardiaInc'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 BiocardiaInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if BiocardiaInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BiocardiaInc'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.