Red Cash And Short Term Investments from 2010 to 2024
| RCAT Stock | USD 1.01 0.01 1.00% |
Cash And Short Term Investments | First Reported 2004-07-31 | Previous Quarter 4 M | Current Value 7.7 M | Quarterly Volatility 14.9 M |
Check Red Cat financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 0.0 or Selling General Administrative of 1.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.5 K, Dividend Yield of 0.0 or Days Sales Outstanding of 14.12. Red financial statements analysis is a perfect complement when working with Red Cat Valuation or Volatility modules.
Red | Cash And Short Term Investments |
Latest Red Cat's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Red Cat Holdings over the last few years. Short Term Investments is an account in the current assets section of Red Cat Holdings balance sheet. This account contains Red Cat investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Red Cat Holdings fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Red Cat's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Cat's overall financial position and show how it may be relating to other accounts over time.
| Cash And Short Term Investments | 10 Years Trend |
|
Cash And Short Term Investments |
| Timeline |
Red Cash And Short Term Investments Regression Statistics
| Arithmetic Mean | 6,985,609 | |
| Geometric Mean | 225,694 | |
| Coefficient Of Variation | 196.37 | |
| Mean Deviation | 9,986,981 | |
| Median | 236,668 | |
| Standard Deviation | 13,717,563 | |
| Sample Variance | 188.2T | |
| Range | 48.9M | |
| R-Value | 0.61 | |
| Mean Square Error | 127.3T | |
| R-Squared | 0.37 | |
| Significance | 0.02 | |
| Slope | 1,869,863 | |
| Total Sum of Squares | 2634.4T |
Red Cash And Short Term Investments History
About Red Cat Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Red Cat income statement, its balance sheet, and the statement of cash flows. Red Cat investors use historical funamental indicators, such as Red Cat's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Red Cat investors may use each financial statement separately, they are all related. The changes in Red Cat's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Red Cat'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 Red Cat Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Red Cat. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash And Short Term Investments | 18.5 M | 19.4 M |
Pair Trading with Red Cat
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 Red Cat 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 Red Cat will appreciate offsetting losses from the drop in the long position's value.Moving against Red Stock
| 0.79 | FFIV | F5 Networks Fiscal Year End 22nd of October 2024 | PairCorr |
| 0.73 | VIAV | Viavi Solutions Fiscal Year End 8th of August 2024 | PairCorr |
| 0.71 | FEIM | Frequency Electronics | PairCorr |
| 0.7 | EBON | Ebang International | PairCorr |
| 0.55 | EMKR | EMCORE Fiscal Year End 10th of December 2024 | PairCorr |
The ability to find closely correlated positions to Red Cat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Cat 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 Red Cat - 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 Red Cat Holdings to buy it.
The correlation of Red Cat 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 Red Cat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Cat Holdings 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 Red Cat 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 Red Cat Correlation against competitors. Note that the Red Cat Holdings information on this page should be used as a complementary analysis to other Red Cat'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Red Cat's price analysis, check to measure Red Cat'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 Red Cat is operating at the current time. Most of Red Cat's value examination focuses on studying past and present price action to predict the probability of Red Cat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Cat's price. Additionally, you may evaluate how the addition of Red Cat to your portfolios can decrease your overall portfolio volatility.
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Is Red Cat'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 Red Cat. If investors know Red 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 Red Cat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.50) | Revenue Per Share 0.326 | Quarterly Revenue Growth 2.507 | Return On Assets (0.23) | Return On Equity (0.47) |
The market value of Red Cat Holdings is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Cat's value that differs from its market value or its book value, called intrinsic value, which is Red Cat'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 Red Cat's market value can be influenced by many factors that don't directly affect Red Cat'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 Red Cat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Cat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Cat'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.