Orthopediatrics Cash from 2010 to 2024
| KIDS Stock | USD 32.38 0.15 0.46% |
Cash | First Reported 2014-12-31 | Previous Quarter 33 M | Current Value 23.6 M | Quarterly Volatility 26.5 M |
Check Orthopediatrics Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orthopediatrics main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.3 M, Interest Expense of 188.1 K or Selling General Administrative of 79.2 M, as well as many exotic indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 0.0516 or PTB Ratio of 1.86. Orthopediatrics financial statements analysis is a perfect complement when working with Orthopediatrics Corp Valuation or Volatility modules.
Orthopediatrics | Cash |
Latest Orthopediatrics Corp's Cash Growth Pattern
Below is the plot of the Cash of Orthopediatrics Corp over the last few years. Cash refers to the most liquid asset of Orthopediatrics Corp, which is listed under current asset account on Orthopediatrics Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Orthopediatrics Corp customers. The amounts must be unrestricted with restricted cash listed in a different Orthopediatrics Corp account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Orthopediatrics Corp's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Orthopediatrics Corp's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
| Timeline |
Orthopediatrics Cash Regression Statistics
| Arithmetic Mean | 21,330,523 | |
| Geometric Mean | 12,449,594 | |
| Coefficient Of Variation | 103.47 | |
| Mean Deviation | 18,260,095 | |
| Median | 7,641,000 | |
| Standard Deviation | 22,069,835 | |
| Sample Variance | 487.1T | |
| Range | 69.2M | |
| R-Value | 0.43 | |
| Mean Square Error | 428.3T | |
| R-Squared | 0.18 | |
| Significance | 0.11 | |
| Slope | 2,114,293 | |
| Total Sum of Squares | 6819.1T |
Orthopediatrics Cash History
Other Fundumenentals of Orthopediatrics Corp
Orthopediatrics Corp Cash component correlations
Click cells to compare fundamentals
About Orthopediatrics Corp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Orthopediatrics Corp income statement, its balance sheet, and the statement of cash flows. Orthopediatrics Corp investors use historical funamental indicators, such as Orthopediatrics Corp's Cash, to determine how well the company is positioned to perform in the future. Although Orthopediatrics Corp investors may use each financial statement separately, they are all related. The changes in Orthopediatrics Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Orthopediatrics Corp'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 Orthopediatrics Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Orthopediatrics Corp. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Orthopediatrics Corp
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 Orthopediatrics Corp 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 Orthopediatrics Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Orthopediatrics Stock
| 0.84 | CVS | CVS Health Corp | PairCorr |
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| 0.75 | ENOV | Enovis Corp | PairCorr |
| 0.69 | HSCS | Heart Test Laboratories | PairCorr |
| 0.68 | NVST | Envista Holdings Corp | PairCorr |
The ability to find closely correlated positions to Orthopediatrics Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orthopediatrics Corp 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 Orthopediatrics Corp - 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 Orthopediatrics Corp to buy it.
The correlation of Orthopediatrics Corp 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 Orthopediatrics Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orthopediatrics Corp 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 Orthopediatrics Corp 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 Orthopediatrics Corp Correlation against competitors. For more information on how to buy Orthopediatrics Stock please use our How to Invest in Orthopediatrics Corp guide.Note that the Orthopediatrics Corp information on this page should be used as a complementary analysis to other Orthopediatrics Corp'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Orthopediatrics Stock analysis
When running Orthopediatrics Corp's price analysis, check to measure Orthopediatrics Corp'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 Orthopediatrics Corp is operating at the current time. Most of Orthopediatrics Corp's value examination focuses on studying past and present price action to predict the probability of Orthopediatrics Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orthopediatrics Corp's price. Additionally, you may evaluate how the addition of Orthopediatrics Corp to your portfolios can decrease your overall portfolio volatility.
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Is Orthopediatrics Corp'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 Orthopediatrics Corp. If investors know Orthopediatrics 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 Orthopediatrics Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 7.112 | Quarterly Revenue Growth 0.415 | Return On Assets (0.04) | Return On Equity (0.06) |
The market value of Orthopediatrics Corp is measured differently than its book value, which is the value of Orthopediatrics that is recorded on the company's balance sheet. Investors also form their own opinion of Orthopediatrics Corp's value that differs from its market value or its book value, called intrinsic value, which is Orthopediatrics Corp'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 Orthopediatrics Corp's market value can be influenced by many factors that don't directly affect Orthopediatrics Corp'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 Orthopediatrics Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orthopediatrics Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orthopediatrics Corp'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.