Baudax Pb Ratio vs Free Cash Flow Per Share Analysis
BXRX Stock | USD 0.01 0.0003 2.91% |
Baudax BioInc financial indicator trend analysis is way more than just evaluating Baudax BioInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baudax BioInc is a good investment. Please check the relationship between Baudax BioInc Pb Ratio and its Free Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baudax BioInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Baudax Stock please use our How to Invest in Baudax BioInc guide.
Pb Ratio vs Free Cash Flow Per Share
Pb Ratio vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baudax BioInc Pb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Baudax BioInc's Pb Ratio and Free Cash Flow Per Share is 0.63. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Baudax BioInc, assuming nothing else is changed. The correlation between historical values of Baudax BioInc's Pb Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Baudax BioInc are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Pb Ratio i.e., Baudax BioInc's Pb Ratio and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Pb Ratio
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most indicators from Baudax BioInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baudax BioInc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baudax BioInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Baudax Stock please use our How to Invest in Baudax BioInc guide.Selling General Administrative is likely to rise to about 22.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 9.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 2.8M | 2.2M | 2.3M | 1.7M | Total Operating Expenses | 51.0M | 30.0M | 36.3M | 38.0M |
Baudax BioInc fundamental ratios Correlations
Click cells to compare fundamentals
Baudax BioInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baudax BioInc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 54.2M | 68.7M | 53.3M | 10.0M | 9.0M | 8.6M | |
Other Current Liab | 7.1M | 13.5M | 12.0M | 11.9M | 10.7M | 13.6M | |
Total Current Liabilities | 7.7M | 18.1M | 15.6M | 21.5M | 19.3M | 17.4M | |
Total Stockholder Equity | (16.7M) | (14.8M) | 13.2M | (24.2M) | (27.9M) | (29.3M) | |
Other Liab | 62.8M | 56.6M | 18.1M | 10.7M | 9.6M | 9.1M | |
Net Tangible Assets | (45.2M) | (41.2M) | (10.6M) | (26.4M) | (30.3M) | (31.8M) | |
Property Plant And Equipment Net | 5.6M | 5.6M | 5.0M | 704K | 633.6K | 601.9K | |
Accounts Payable | 271K | 3.7M | 1.5M | 3.9M | 3.5M | 2.6M | |
Non Current Assets Total | 34.1M | 32.0M | 29.8M | 3.7M | 3.3M | 3.2M | |
Non Currrent Assets Other | 34.1M | 583K | 963K | 854K | 768.6K | 730.2K | |
Liabilities And Stockholders Equity | 54.2M | 68.7M | 53.3M | 10.0M | 9.0M | 8.6M | |
Non Current Liabilities Total | 63.2M | 65.4M | 24.4M | 12.8M | 11.5M | 11.0M | |
Other Current Assets | 2.4M | 3.3M | 2.1M | 753K | 677.7K | 643.8K | |
Other Stockholder Equity | 20.2M | 98.3M | 144.3M | 166.6M | 191.6M | 201.2M | |
Total Liab | 70.9M | 83.5M | 40.1M | 34.3M | 30.8M | 57.0M | |
Property Plant And Equipment Gross | 5.6M | 5.6M | 6.5M | 472K | 542.8K | 515.7K | |
Total Current Assets | 20.1M | 36.7M | 23.5M | 6.3M | 7.3M | 6.9M | |
Non Current Liabilities Other | 62.8M | 56.9M | 18.1M | 11.3M | 10.2M | 9.7M | |
Net Working Capital | 12.4M | 18.6M | 7.8M | (15.1M) | (17.4M) | (16.5M) | |
Common Stock | 94K | 487K | 983K | 16K | 18.4K | 19.3K | |
Property Plant Equipment | 5.6M | 5.1M | 5.0M | 704K | 633.6K | 601.9K |
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 Baudax BioInc 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, Baudax BioInc's short interest history, or implied volatility extrapolated from Baudax BioInc options trading.
Pair Trading with Baudax BioInc
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 Baudax BioInc 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 Baudax BioInc will appreciate offsetting losses from the drop in the long position's value.Moving together with Baudax Stock
0.76 | EVOK | Evoke Pharma | PairCorr |
Moving against Baudax Stock
0.75 | KRYS | Krystal Biotech Earnings Call This Week | PairCorr |
0.7 | HCWB | HCW Biologics | PairCorr |
0.69 | VKTX | Viking Therapeutics | PairCorr |
0.67 | OGN | Organon | PairCorr |
0.62 | DYAI | Dyadic International Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Baudax BioInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baudax BioInc 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 Baudax BioInc - 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 Baudax BioInc to buy it.
The correlation of Baudax BioInc 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 Baudax BioInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baudax BioInc 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 Baudax BioInc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Baudax BioInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Baudax Stock please use our How to Invest in Baudax BioInc guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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Is Baudax BioInc'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 Baudax BioInc. If investors know Baudax 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 Baudax BioInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (94.13) | Revenue Per Share 0.318 | Quarterly Revenue Growth (0.23) | Return On Assets (1.15) | Return On Equity (47.04) |
The market value of Baudax BioInc is measured differently than its book value, which is the value of Baudax that is recorded on the company's balance sheet. Investors also form their own opinion of Baudax BioInc's value that differs from its market value or its book value, called intrinsic value, which is Baudax BioInc'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 Baudax BioInc's market value can be influenced by many factors that don't directly affect Baudax BioInc'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 Baudax BioInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baudax BioInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baudax BioInc'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.