Allurion Net Income from 2010 to 2026
| ALUR Stock | 1.85 0.04 2.12% |
Net Loss | First Reported 2020-12-31 | Previous Quarter -9.3 M | Current Value -11.9 M | Quarterly Volatility 10.2 M |
Check Allurion Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allurion Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 781.3 K, Other Operating Expenses of 79.6 M or Total Operating Expenses of 69.7 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0 or Days Sales Outstanding of 87.46. Allurion financial statements analysis is a perfect complement when working with Allurion Technologies Valuation or Volatility modules.
Allurion | Net Income | Build AI portfolio with Allurion Stock |
Latest Allurion Technologies' Net Income Growth Pattern
Below is the plot of the Net Income of Allurion Technologies over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Allurion Technologies financial statement analysis. It represents the amount of money remaining after all of Allurion Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Allurion Technologies' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allurion Technologies' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (26.15 M) | 10 Years Trend |
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Net Income |
| Timeline |
Allurion Net Income Regression Statistics
| Arithmetic Mean | (12,069,701) | |
| Coefficient Of Variation | (178.75) | |
| Mean Deviation | 15,612,924 | |
| Median | (5,169) | |
| Standard Deviation | 21,574,141 | |
| Sample Variance | 465.4T | |
| Range | 80.6M | |
| R-Value | (0.64) | |
| Mean Square Error | 295T | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | (2,721,318) | |
| Total Sum of Squares | 7447.1T |
Allurion Net Income History
Other Fundumenentals of Allurion Technologies
Allurion Technologies Net Income component correlations
About Allurion Technologies Financial Statements
Allurion Technologies shareholders use historical fundamental indicators, such as Net Income, to determine how well the company is positioned to perform in the future. Although Allurion Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Allurion Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Allurion Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Loss | -23.5 M | -24.7 M | |
| Net Loss | -23.5 M | -24.7 M | |
| Net Loss | (13.38) | (14.05) | |
| Net Income Per E B T | 0.93 | 0.81 |
Pair Trading with Allurion 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 Allurion 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 Allurion Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Allurion Stock
Moving against Allurion Stock
The ability to find closely correlated positions to Allurion 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 Allurion 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 Allurion 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 Allurion Technologies to buy it.
The correlation of Allurion 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 Allurion Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allurion 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 Allurion 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 Allurion Stock Analysis
When running Allurion Technologies' price analysis, check to measure Allurion 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 Allurion Technologies is operating at the current time. Most of Allurion Technologies' value examination focuses on studying past and present price action to predict the probability of Allurion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allurion Technologies' price. Additionally, you may evaluate how the addition of Allurion Technologies to your portfolios can decrease your overall portfolio volatility.