Addus Net Income Applicable To Common Shares from 2010 to 2024
| ADUS Stock | USD 97.16 0.54 0.56% |
Net Income Applicable To Common Shares | First Reported 2007-12-31 | Previous Quarter 14.8 M | Current Value 12.7 M | Quarterly Volatility 4.3 M |
Check Addus HomeCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Addus main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.1 M, Interest Expense of 11.7 M or Selling General Administrative of 246.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0578 or PTB Ratio of 1.42. Addus financial statements analysis is a perfect complement when working with Addus HomeCare Valuation or Volatility modules.
Addus | Net Income Applicable To Common Shares |
Latest Addus HomeCare's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Addus HomeCare over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Addus HomeCare's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Addus HomeCare's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Addus Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 23,334,796 | |
| Coefficient Of Variation | 80.68 | |
| Mean Deviation | 15,735,488 | |
| Median | 17,503,000 | |
| Standard Deviation | 18,825,522 | |
| Sample Variance | 354.4T | |
| Range | 57.6M | |
| R-Value | 0.94 | |
| Mean Square Error | 44.2T | |
| R-Squared | 0.88 | |
| Slope | 3,958,417 | |
| Total Sum of Squares | 4961.6T |
Addus Net Income Applicable To Common Shares History
About Addus HomeCare Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Addus HomeCare income statement, its balance sheet, and the statement of cash flows. Addus HomeCare investors use historical funamental indicators, such as Addus HomeCare's Net Income Applicable To Common Shares, to determine how well the company is positioned to perform in the future. Although Addus HomeCare investors may use each financial statement separately, they are all related. The changes in Addus HomeCare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Addus HomeCare'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 Addus HomeCare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Addus HomeCare. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 52.9 M | 55.6 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Addus HomeCare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Addus HomeCare's short interest history, or implied volatility extrapolated from Addus HomeCare options trading.
Pair Trading with Addus HomeCare
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 Addus HomeCare 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 Addus HomeCare will appreciate offsetting losses from the drop in the long position's value.Moving together with Addus Stock
| 0.79 | ELMD | Electromed | PairCorr |
| 0.73 | ALC | Alcon AG Financial Report 14th of May 2024 | PairCorr |
| 0.76 | BAX | Baxter International Financial Report 25th of April 2024 | PairCorr |
Moving against Addus Stock
| 0.86 | IVP | Inspire Veterinary | PairCorr |
| 0.8 | MMSI | Merit Medical Systems Financial Report 24th of April 2024 | PairCorr |
| 0.77 | EMBC | Embecta Corp Financial Report 10th of May 2024 | PairCorr |
| 0.76 | TFX | Teleflex Incorporated Financial Report 2nd of May 2024 | PairCorr |
| 0.7 | NVST | Envista Holdings Corp Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Addus HomeCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addus HomeCare 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 Addus HomeCare - 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 Addus HomeCare to buy it.
The correlation of Addus HomeCare 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 Addus HomeCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addus HomeCare 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 Addus HomeCare 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 Addus HomeCare Correlation against competitors. For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Addus Stock analysis
When running Addus HomeCare's price analysis, check to measure Addus HomeCare'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 Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.
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Is Addus HomeCare'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 Addus HomeCare. If investors know Addus 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 Addus HomeCare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.334 | Earnings Share 3.83 | Revenue Per Share 66.182 | Quarterly Revenue Growth 0.119 | Return On Assets 0.0618 |
The market value of Addus HomeCare is measured differently than its book value, which is the value of Addus that is recorded on the company's balance sheet. Investors also form their own opinion of Addus HomeCare's value that differs from its market value or its book value, called intrinsic value, which is Addus HomeCare'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 Addus HomeCare's market value can be influenced by many factors that don't directly affect Addus HomeCare'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 Addus HomeCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addus HomeCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addus HomeCare'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.