Health Accumulated Other Comprehensive Income from 2010 to 2024
| HCAT Stock | USD 6.50 0.12 1.81% |
Accumulated Other Comprehensive Income | First Reported 2018-03-31 | Previous Quarter 33 K | Current Value -124 K | Quarterly Volatility 251.2 K |
Check Health Catalyst financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Health Catalyst's main balance sheet or income statement drivers, such as Tax Provision of 373.8 K, Net Interest Income of 9.6 M or Interest Income of 17.2 M, as well as many indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.0 or PTB Ratio of 1.0. Health financial statements analysis is a perfect complement when working with Health Catalyst Valuation or Volatility modules.
Health | Accumulated Other Comprehensive Income |
Latest Health Catalyst's Accumulated Other Comprehensive Income Growth Pattern
Below is the plot of the Accumulated Other Comprehensive Income of Health Catalyst over the last few years. It is gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized. Health Catalyst's Accumulated Other Comprehensive Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Health Catalyst's overall financial position and show how it may be relating to other accounts over time.
| Accumulated Other Comprehensive Income | 10 Years Trend |
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Accumulated Other Comprehensive Income |
| Timeline |
Health Accumulated Other Comprehensive Income Regression Statistics
| Arithmetic Mean | (40,757) | |
| Coefficient Of Variation | (420.82) | |
| Mean Deviation | 84,465 | |
| Median | (12,000) | |
| Standard Deviation | 171,511 | |
| Sample Variance | 29.4B | |
| Range | 720K | |
| R-Value | (0.22) | |
| Mean Square Error | 30.1B | |
| R-Squared | 0.05 | |
| Significance | 0.42 | |
| Slope | (8,591) | |
| Total Sum of Squares | 411.8B |
Health Accumulated Other Comprehensive Income History
About Health Catalyst Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Health Catalyst income statement, its balance sheet, and the statement of cash flows. Health Catalyst investors use historical funamental indicators, such as Health Catalyst's Accumulated Other Comprehensive Income, to determine how well the company is positioned to perform in the future. Although Health Catalyst investors may use each financial statement separately, they are all related. The changes in Health Catalyst's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Health Catalyst'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 Health Catalyst Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Health Catalyst. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 33 K | 34.6 K |
Pair Trading with Health Catalyst
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 Health Catalyst 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 Health Catalyst will appreciate offsetting losses from the drop in the long position's value.Moving together with Health Stock
The ability to find closely correlated positions to Health Catalyst could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Health Catalyst 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 Health Catalyst - 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 Health Catalyst to buy it.
The correlation of Health Catalyst 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 Health Catalyst moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Health Catalyst 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 Health Catalyst 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 Health Stock Analysis
When running Health Catalyst's price analysis, check to measure Health Catalyst'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 Health Catalyst is operating at the current time. Most of Health Catalyst's value examination focuses on studying past and present price action to predict the probability of Health Catalyst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Health Catalyst's price. Additionally, you may evaluate how the addition of Health Catalyst to your portfolios can decrease your overall portfolio volatility.