Netscout Story

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NTCT -- USA Stock  

USD 28.07  0.04  0.14%

NetScout Systems is currently generating 0.6539% in daily expected returns and assumes 1.5877% risk (volatility on return distribution) over the 60 days horizon. As many old-fashioned traders are trying to avoid technology space, it makes sense to review NetScout Systems a little further and try to understand its current volatility patterns. We will break down how risky is to take a position in NetScout Systems at this time.
Published over a month ago
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Will NetScout Systems (NASDAQ:NTCT) drop in February?
NetScout Systems currently holds roughly 427.85 M in cash with 233.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.82.
Volatility is a rate at which the price of Netscout Systems or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Netscout Systems may increase or decrease. In other words, similar to Netscout's beta indicator, it measures the risk of Netscout Systems and helps estimate the fluctuations that may happen in a short period of time. So if prices of Netscout Systems fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Netscout Systems's Liquidity

Netscout Systems financial leverage refers to using borrowed capital as a funding source to finance Netscout Systems ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Netscout Systems financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Netscout Systems's total debt and its cash.

How Netscout utilizes its cash?

To perform a cash flow analysis of Netscout Systems, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Netscout Systems is receiving and how much cash it distributes out in a given period. The Netscout Systems cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Netscout Systems Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Netscout Systems reported Net Cash Flow from Operations of 258.78 Million in 2020

Netscout Systems Volatility Drivers

Netscout Systems unsystematic risk is unique to Netscout Systems and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Netscout Systems you can also buy Evertec. You can also mitigate this risk by investing in the software?infrastructure sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Netscout Systems important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Netscout Systems income statement and balance sheet. Here are more details about Netscout volatility.
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