Allurion Operating Cycle from 2010 to 2026
| ALUR Stock | 1.54 0.06 3.75% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 178.28 | Current Value 191.31 | Quarterly Volatility 39.21699871 |
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 | Operating Cycle | Build AI portfolio with Allurion Stock |
Latest Allurion Technologies' Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Allurion Technologies over the last few years. It is Allurion Technologies' Operating Cycle 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.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
Allurion Operating Cycle Regression Statistics
| Arithmetic Mean | 191.04 | |
| Geometric Mean | 188.11 | |
| Coefficient Of Variation | 20.53 | |
| Mean Deviation | 24.59 | |
| Median | 174.68 | |
| Standard Deviation | 39.22 | |
| Sample Variance | 1,538 | |
| Range | 138 | |
| R-Value | 0.43 | |
| Mean Square Error | 1,332 | |
| R-Squared | 0.19 | |
| Significance | 0.08 | |
| Slope | 3.37 | |
| Total Sum of Squares | 24,608 |
Allurion Operating Cycle History
About Allurion Technologies Financial Statements
Allurion Technologies shareholders use historical fundamental indicators, such as Operating Cycle, 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 | ||
| Operating Cycle | 178.28 | 191.31 |
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.