Brightcove Cash And Short Term Investments from 2010 to 2024
| BCOV Stock | USD 2.00 0.05 2.44% |
Cash And Short Term Investments | First Reported 2010-12-31 | Previous Quarter 18.6 M | Current Value 22.9 M | Quarterly Volatility 8.9 M |
Check Brightcove financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brightcove's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.4 M, Interest Expense of 24.7 K or Selling General Administrative of 23.3 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.0 or PTB Ratio of 1.13. Brightcove financial statements analysis is a perfect complement when working with Brightcove Valuation or Volatility modules.
Brightcove | Cash And Short Term Investments |
Latest Brightcove's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Brightcove over the last few years. Short Term Investments is an account in the current assets section of Brightcove balance sheet. This account contains Brightcove investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Brightcove fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Brightcove's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Brightcove's overall financial position and show how it may be relating to other accounts over time.
| Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
| Timeline |
Brightcove Cash And Short Term Investments Regression Statistics
| Arithmetic Mean | 28,219,504 | |
| Geometric Mean | 26,704,176 | |
| Coefficient Of Variation | 31.76 | |
| Mean Deviation | 6,846,737 | |
| Median | 29,306,000 | |
| Standard Deviation | 8,962,484 | |
| Sample Variance | 80.3T | |
| Range | 34.8M | |
| R-Value | 0.38 | |
| Mean Square Error | 73.8T | |
| R-Squared | 0.15 | |
| Significance | 0.16 | |
| Slope | 768,518 | |
| Total Sum of Squares | 1124.6T |
Brightcove Cash And Short Term Investments History
About Brightcove Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Brightcove income statement, its balance sheet, and the statement of cash flows. Brightcove investors use historical funamental indicators, such as Brightcove's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Brightcove investors may use each financial statement separately, they are all related. The changes in Brightcove's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Brightcove'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 Brightcove Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Brightcove. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash And Short Term Investments | 18.6 M | 29.8 M |
Pair Trading with Brightcove
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 Brightcove 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 Brightcove will appreciate offsetting losses from the drop in the long position's value.Moving together with Brightcove Stock
Moving against Brightcove Stock
| 0.48 | BL | Blackline | PairCorr |
| 0.39 | DOCU | DocuSign | PairCorr |
| 0.37 | ZI | ZoomInfo Technologies | PairCorr |
| 0.34 | DV | DoubleVerify Holdings | PairCorr |
The ability to find closely correlated positions to Brightcove could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brightcove 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 Brightcove - 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 Brightcove to buy it.
The correlation of Brightcove 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 Brightcove moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brightcove 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 Brightcove 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 Brightcove Stock Analysis
When running Brightcove's price analysis, check to measure Brightcove'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 Brightcove is operating at the current time. Most of Brightcove's value examination focuses on studying past and present price action to predict the probability of Brightcove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightcove's price. Additionally, you may evaluate how the addition of Brightcove to your portfolios can decrease your overall portfolio volatility.