Burning Free Cash Flow Operating Cash Flow Ratio from 2010 to 2024
| BNR Stock | USD 4.24 1.32 23.74% |
Free Cash Flow Operating Cash Flow Ratio | First Reported 2010-12-31 | Previous Quarter 1.03668735 | Current Value 1.45 | Quarterly Volatility 0.25146164 |
Check Burning Rock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Burning Rock's main balance sheet or income statement drivers, such as Tax Provision of 3.4 M, Net Interest Income of 16 M or Interest Income of 10 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0 or PTB Ratio of 0.87. Burning financial statements analysis is a perfect complement when working with Burning Rock Valuation or Volatility modules.
Burning | Free Cash Flow Operating Cash Flow Ratio |
Latest Burning Rock's Free Cash Flow Operating Cash Flow Ratio Growth Pattern
Below is the plot of the Free Cash Flow Operating Cash Flow Ratio of Burning Rock Biotech over the last few years. It is Burning Rock's Free Cash Flow Operating Cash Flow Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Burning Rock's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Operating Cash Flow Ratio | 10 Years Trend |
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Free Cash Flow Operating Cash Flow Ratio |
| Timeline |
Burning Free Cash Flow Operating Cash Flow Ratio Regression Statistics
| Arithmetic Mean | 1.26 | |
| Geometric Mean | 1.24 | |
| Coefficient Of Variation | 19.96 | |
| Mean Deviation | 0.16 | |
| Median | 1.17 | |
| Standard Deviation | 0.25 | |
| Sample Variance | 0.06 | |
| Range | 1.0448 | |
| R-Value | 0.31 | |
| Mean Square Error | 0.06 | |
| R-Squared | 0.09 | |
| Significance | 0.27 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.89 |
Burning Free Cash Flow Operating Cash Flow Ratio History
About Burning Rock Financial Statements
Burning Rock shareholders use historical fundamental indicators, such as Free Cash Flow Operating Cash Flow Ratio, to determine how well the company is positioned to perform in the future. Although Burning Rock investors may analyze each financial statement separately, they are all interrelated. The changes in Burning Rock's assets and liabilities, for example, are also reflected in the revenues and expenses on on Burning Rock's 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 | ||
| Free Cash Flow Operating Cash Flow Ratio | 1.04 | 1.45 |
Pair Trading with Burning Rock
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 Burning Rock 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 Burning Rock will appreciate offsetting losses from the drop in the long position's value.Moving against Burning Stock
| 0.48 | MLYS | Mineralys Therapeutics, | PairCorr |
| 0.38 | KA | Kineta Inc | PairCorr |
| 0.36 | KZR | Kezar Life Sciences | PairCorr |
| 0.36 | NXGLW | NexGel Warrant | PairCorr |
The ability to find closely correlated positions to Burning Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burning Rock 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 Burning Rock - 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 Burning Rock Biotech to buy it.
The correlation of Burning Rock 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 Burning Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burning Rock Biotech 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 Burning Rock 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 Burning Stock Analysis
When running Burning Rock's price analysis, check to measure Burning Rock'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 Burning Rock is operating at the current time. Most of Burning Rock's value examination focuses on studying past and present price action to predict the probability of Burning Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burning Rock's price. Additionally, you may evaluate how the addition of Burning Rock to your portfolios can decrease your overall portfolio volatility.