BeyondSpring Fixed Asset Turnover from 2010 to 2024

BYSI Stock  USD 1.76  0.33  15.79%   
BeyondSpring's Fixed Asset Turnover is increasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 0.14. For the period between 2010 and 2024, BeyondSpring, Fixed Asset Turnover quarterly trend regression had mean deviation of  0.05 and range of 0.1966. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.17
Current Value
0.14
Quarterly Volatility
0.05905542
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BeyondSpring financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BeyondSpring main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 14.5 K or Selling General Administrative of 11.4 M, as well as many exotic indicators such as Price To Sales Ratio of 59.43, Dividend Yield of 0.0038 or Days Sales Outstanding of 0.0. BeyondSpring financial statements analysis is a perfect complement when working with BeyondSpring Valuation or Volatility modules.
  
This module can also supplement BeyondSpring's financial leverage analysis and stock options assessment as well as various BeyondSpring Technical models . Check out the analysis of BeyondSpring Correlation against competitors.
For more detail on how to invest in BeyondSpring Stock please use our How to Invest in BeyondSpring guide.

Latest BeyondSpring's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of BeyondSpring over the last few years. It is BeyondSpring's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BeyondSpring's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

BeyondSpring Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.1
Coefficient Of Variation55.14
Mean Deviation0.05
Median0.08
Standard Deviation0.06
Sample Variance0
Range0.1966
R-Value0.63
Mean Square Error0
R-Squared0.40
Significance0.01
Slope0.01
Total Sum of Squares0.05

BeyondSpring Fixed Asset Turnover History

2024 0.14
2023 0.17
2022 0.18
2021 0.27

About BeyondSpring Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include BeyondSpring income statement, its balance sheet, and the statement of cash flows. BeyondSpring investors use historical funamental indicators, such as BeyondSpring's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although BeyondSpring investors may use each financial statement separately, they are all related. The changes in BeyondSpring's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BeyondSpring'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 BeyondSpring Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BeyondSpring. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.17  0.14 
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 BeyondSpring 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, BeyondSpring's short interest history, or implied volatility extrapolated from BeyondSpring options trading.

Pair Trading with BeyondSpring

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 BeyondSpring 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 BeyondSpring will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to BeyondSpring could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BeyondSpring 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 BeyondSpring - 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 BeyondSpring to buy it.
The correlation of BeyondSpring 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 BeyondSpring moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BeyondSpring 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 BeyondSpring 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.
Pair CorrelationCorrelation Matching
When determining whether BeyondSpring offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BeyondSpring's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beyondspring Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beyondspring Stock:
Check out the analysis of BeyondSpring Correlation against competitors.
For more detail on how to invest in BeyondSpring Stock please use our How to Invest in BeyondSpring guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running BeyondSpring's price analysis, check to measure BeyondSpring'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 BeyondSpring is operating at the current time. Most of BeyondSpring's value examination focuses on studying past and present price action to predict the probability of BeyondSpring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BeyondSpring's price. Additionally, you may evaluate how the addition of BeyondSpring to your portfolios can decrease your overall portfolio volatility.
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Is BeyondSpring'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 BeyondSpring. If investors know BeyondSpring 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 BeyondSpring listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
0.04
Quarterly Revenue Growth
0.294
Return On Assets
(0.39)
Return On Equity
(3.10)
The market value of BeyondSpring is measured differently than its book value, which is the value of BeyondSpring that is recorded on the company's balance sheet. Investors also form their own opinion of BeyondSpring's value that differs from its market value or its book value, called intrinsic value, which is BeyondSpring'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 BeyondSpring's market value can be influenced by many factors that don't directly affect BeyondSpring'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 BeyondSpring's value and its price as these two are different measures arrived at by different means. Investors typically determine if BeyondSpring is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BeyondSpring'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.