Cyanotech Net Income Applicable To Common Shares from 2010 to 2026
| CYAN Stock | USD 0.51 0.06 13.33% |
Net Loss | First Reported 2000-06-30 | Previous Quarter -1.4 M | Current Value -1.4 M | Quarterly Volatility 720.2 K |
Check Cyanotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cyanotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 380.6 K or Total Revenue of 18.2 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.0 or PTB Ratio of 0.3. Cyanotech financial statements analysis is a perfect complement when working with Cyanotech Valuation or Volatility modules.
Cyanotech | Net Income Applicable To Common Shares | Build AI portfolio with Cyanotech Stock |
Latest Cyanotech's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Cyanotech over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Cyanotech's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cyanotech's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Cyanotech Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (768,012) | |
| Geometric Mean | 1,347,752 | |
| Coefficient Of Variation | (349.42) | |
| Mean Deviation | 2,284,601 | |
| Median | (195,000) | |
| Standard Deviation | 2,683,564 | |
| Sample Variance | 7.2T | |
| Range | 8.6M | |
| R-Value | (0.58) | |
| Mean Square Error | 5.1T | |
| R-Squared | 0.34 | |
| Significance | 0.01 | |
| Slope | (309,612) | |
| Total Sum of Squares | 115.2T |
Cyanotech Net Income Applicable To Common Shares History
About Cyanotech Financial Statements
Cyanotech investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Cyanotech Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Loss | -3.1 M | -2.9 M |
Pair Trading with Cyanotech
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 Cyanotech 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 Cyanotech will appreciate offsetting losses from the drop in the long position's value.Moving against Cyanotech Stock
| 0.7 | EPC | Edgewell Personal Care | PairCorr |
| 0.6 | MED | MEDIFAST INC | PairCorr |
| 0.55 | VFSWW | VinFast Auto | PairCorr |
| 0.54 | YSG | Yatsen Holding | PairCorr |
| 0.52 | UL | Unilever PLC ADR | PairCorr |
The ability to find closely correlated positions to Cyanotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cyanotech 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 Cyanotech - 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 Cyanotech to buy it.
The correlation of Cyanotech 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 Cyanotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cyanotech 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 Cyanotech 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 the analysis of Cyanotech Correlation against competitors. To learn how to invest in Cyanotech Stock, please use our How to Invest in Cyanotech guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Personal Care Products space 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 Cyanotech. If investors know Cyanotech 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 Cyanotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.54) | Earnings Share (0.41) | Revenue Per Share | Quarterly Revenue Growth 0.194 | Return On Assets |
The market value of Cyanotech is measured differently than its book value, which is the value of Cyanotech that is recorded on the company's balance sheet. Investors also form their own opinion of Cyanotech's value that differs from its market value or its book value, called intrinsic value, which is Cyanotech'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 Cyanotech's market value can be influenced by many factors that don't directly affect Cyanotech'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 Cyanotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cyanotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cyanotech'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.