Exelixis Change To Inventory from 2010 to 2024
| EXEL Stock | USD 21.90 0.22 0.99% |
Change To Inventory | First Reported 2000-09-30 | Previous Quarter 1.5 M | Current Value 1.7 M | Quarterly Volatility 3.9 M |
Check Exelixis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Exelixis main balance sheet or income statement drivers, such as Interest Expense of 64.9 M, Total Revenue of 1.9 B or Gross Profit of 1.8 B, as well as many exotic indicators such as Price To Sales Ratio of 3.81, Dividend Yield of 0.0 or PTB Ratio of 4.24. Exelixis financial statements analysis is a perfect complement when working with Exelixis Valuation or Volatility modules.
Exelixis | Change To Inventory |
Latest Exelixis' Change To Inventory Growth Pattern
Below is the plot of the Change To Inventory of Exelixis over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Exelixis' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Exelixis' overall financial position and show how it may be relating to other accounts over time.
| Change To Inventory | 10 Years Trend |
|
Change To Inventory |
| Timeline |
Exelixis Change To Inventory Regression Statistics
| Arithmetic Mean | (5,841,477) | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | (117.73) | |
| Mean Deviation | 5,718,236 | |
| Median | (3,181,000) | |
| Standard Deviation | 6,877,292 | |
| Sample Variance | 47.3T | |
| Range | 22.4M | |
| R-Value | (0.80) | |
| Mean Square Error | 18.3T | |
| R-Squared | 0.64 | |
| Significance | 0.0003 | |
| Slope | (1,231,450) | |
| Total Sum of Squares | 662.2T |
Exelixis Change To Inventory History
About Exelixis Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Exelixis income statement, its balance sheet, and the statement of cash flows. Exelixis investors use historical funamental indicators, such as Exelixis's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Exelixis investors may use each financial statement separately, they are all related. The changes in Exelixis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Exelixis'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 Exelixis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Exelixis. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Change To Inventory | -13 M | -12.3 M |
Exelixis Investors Sentiment
The influence of Exelixis' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Exelixis. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Exelixis' public news can be used to forecast risks associated with an investment in Exelixis. The trend in average sentiment can be used to explain how an investor holding Exelixis can time the market purely based on public headlines and social activities around Exelixis. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Exelixis' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Exelixis' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Exelixis' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Exelixis.
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 Exelixis 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, Exelixis' short interest history, or implied volatility extrapolated from Exelixis options trading.
Pair Trading with Exelixis
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 Exelixis 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 Exelixis will appreciate offsetting losses from the drop in the long position's value.Moving against Exelixis Stock
| 0.85 | RGC | Regencell Bioscience | PairCorr |
| 0.83 | OM | Outset MedicalInc | PairCorr |
| 0.76 | GH | Guardant Health Earnings Call This Week | PairCorr |
| 0.64 | TKNO | Alpha Teknova Earnings Call This Week | PairCorr |
| 0.63 | PROC | Procaps Group SA Report 10th of May 2024 | PairCorr |
The ability to find closely correlated positions to Exelixis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exelixis 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 Exelixis - 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 Exelixis to buy it.
The correlation of Exelixis 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 Exelixis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exelixis 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 Exelixis 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 Exelixis Correlation against competitors. For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.Note that the Exelixis information on this page should be used as a complementary analysis to other Exelixis' 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Exelixis Stock analysis
When running Exelixis' price analysis, check to measure Exelixis' 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 Exelixis is operating at the current time. Most of Exelixis' value examination focuses on studying past and present price action to predict the probability of Exelixis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exelixis' price. Additionally, you may evaluate how the addition of Exelixis to your portfolios can decrease your overall portfolio volatility.
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Is Exelixis' 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 Exelixis. If investors know Exelixis 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 Exelixis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.65 | Revenue Per Share 5.914 | Quarterly Revenue Growth 0.04 | Return On Assets 0.043 | Return On Equity 0.0876 |
The market value of Exelixis is measured differently than its book value, which is the value of Exelixis that is recorded on the company's balance sheet. Investors also form their own opinion of Exelixis' value that differs from its market value or its book value, called intrinsic value, which is Exelixis' 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 Exelixis' market value can be influenced by many factors that don't directly affect Exelixis' 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 Exelixis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exelixis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exelixis' 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.