OSI Fixed Asset Turnover from 2010 to 2024
| OSIS Stock | USD 139.85 1.24 0.88% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 13.5 | Current Value 10.21 | Quarterly Volatility 3.12044179 |
Check OSI Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OSI Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.3 M, Interest Expense of 24.2 M or Selling General Administrative of 153.1 M, as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0 or PTB Ratio of 1.54. OSI financial statements analysis is a perfect complement when working with OSI Systems Valuation or Volatility modules.
OSI | Fixed Asset Turnover |
Latest OSI Systems' Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of OSI Systems over the last few years. It is OSI Systems' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OSI Systems' overall financial position and show how it may be relating to other accounts over time.
| Fixed Asset Turnover | 10 Years Trend |
|
Fixed Asset Turnover |
| Timeline |
OSI Fixed Asset Turnover Regression Statistics
| Arithmetic Mean | 8.09 | |
| Geometric Mean | 7.42 | |
| Coefficient Of Variation | 38.58 | |
| Mean Deviation | 2.55 | |
| Median | 9.11 | |
| Standard Deviation | 3.12 | |
| Sample Variance | 9.74 | |
| Range | 10.2793 | |
| R-Value | 0.78 | |
| Mean Square Error | 4.09 | |
| R-Squared | 0.61 | |
| Significance | 0.0006 | |
| Slope | 0.54 | |
| Total Sum of Squares | 136.32 |
OSI Fixed Asset Turnover History
About OSI Systems Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include OSI Systems income statement, its balance sheet, and the statement of cash flows. OSI Systems investors use historical funamental indicators, such as OSI Systems's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although OSI Systems investors may use each financial statement separately, they are all related. The changes in OSI Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on OSI Systems'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 OSI Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in OSI Systems. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 13.50 | 10.21 |
Pair Trading with OSI Systems
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 OSI Systems 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 OSI Systems will appreciate offsetting losses from the drop in the long position's value.Moving against OSI Stock
| 0.56 | RGTI | Rigetti Computing | PairCorr |
| 0.56 | TACT | TransAct Technologies Tech Boost | PairCorr |
| 0.47 | S | SentinelOne Sell-off Trend | PairCorr |
| 0.45 | MOVE | Movano Inc | PairCorr |
| 0.41 | LPL | LG Display | PairCorr |
The ability to find closely correlated positions to OSI Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OSI Systems 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 OSI Systems - 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 OSI Systems to buy it.
The correlation of OSI Systems 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 OSI Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OSI Systems 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 OSI Systems 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 OSI Stock Analysis
When running OSI Systems' price analysis, check to measure OSI Systems' 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 OSI Systems is operating at the current time. Most of OSI Systems' value examination focuses on studying past and present price action to predict the probability of OSI Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSI Systems' price. Additionally, you may evaluate how the addition of OSI Systems to your portfolios can decrease your overall portfolio volatility.