Purecycle Total Operating Expenses from 2010 to 2024
| PCT Stock | USD 5.75 0.11 1.88% |
Total Operating Expenses | First Reported 2010-12-31 | Previous Quarter 95 M | Current Value 48.4 M | Quarterly Volatility 29.5 M |
Check Purecycle Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purecycle Technologies' main balance sheet or income statement drivers, such as Interest Expense of 40.4 M, Selling General Administrative of 46.3 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.5. Purecycle financial statements analysis is a perfect complement when working with Purecycle Technologies Valuation or Volatility modules.
Purecycle | Total Operating Expenses |
Latest Purecycle Technologies' Total Operating Expenses Growth Pattern
Below is the plot of the Total Operating Expenses of Purecycle Technologies Holdings over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Purecycle Technologies' Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Purecycle Technologies' overall financial position and show how it may be relating to other accounts over time.
| Total Operating Expenses | 10 Years Trend |
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Total Operating Expenses |
| Timeline |
Purecycle Total Operating Expenses Regression Statistics
| Arithmetic Mean | 22,355,594 | |
| Geometric Mean | 8,569,484 | |
| Coefficient Of Variation | 132.01 | |
| Mean Deviation | 24,746,946 | |
| Median | 2,883,271 | |
| Standard Deviation | 29,510,937 | |
| Sample Variance | 870.9T | |
| Range | 92.2M | |
| R-Value | 0.80 | |
| Mean Square Error | 331.7T | |
| R-Squared | 0.65 | |
| Significance | 0.0003 | |
| Slope | 5,305,328 | |
| Total Sum of Squares | 12192.5T |
Purecycle Total Operating Expenses History
About Purecycle Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Purecycle Technologies income statement, its balance sheet, and the statement of cash flows. Purecycle Technologies investors use historical funamental indicators, such as Purecycle Technologies's Total Operating Expenses, to determine how well the company is positioned to perform in the future. Although Purecycle Technologies investors may use each financial statement separately, they are all related. The changes in Purecycle Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Purecycle Technologies'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 Purecycle Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Purecycle Technologies. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Operating Expenses | 95 M | 48.4 M |
Pair Trading with Purecycle Technologies
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 Purecycle Technologies 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 Purecycle Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Purecycle Stock
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The ability to find closely correlated positions to Purecycle Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Purecycle Technologies 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 Purecycle Technologies - 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 Purecycle Technologies Holdings to buy it.
The correlation of Purecycle Technologies 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 Purecycle Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Purecycle Technologies 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 Purecycle Technologies 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 Purecycle Stock Analysis
When running Purecycle Technologies' price analysis, check to measure Purecycle Technologies' 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 Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.