NeoGenomics Operating Cycle from 2010 to 2026
| NEO Stock | USD 12.10 0.04 0.33% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 98.58 | Current Value 88.06 | Quarterly Volatility 33.66784952 |
Check NeoGenomics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NeoGenomics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 87.6 M, Interest Expense of 8 M or Selling General Administrative of 272.7 M, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.0059 or PTB Ratio of 0.51. NeoGenomics financial statements analysis is a perfect complement when working with NeoGenomics Valuation or Volatility modules.
NeoGenomics | Operating Cycle | Build AI portfolio with NeoGenomics Stock |
Evaluating NeoGenomics's Operating Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into NeoGenomics's fundamental strength.
Latest NeoGenomics' Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of NeoGenomics over the last few years. It is NeoGenomics' Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NeoGenomics' 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 |
NeoGenomics Operating Cycle Regression Statistics
| Arithmetic Mean | 119.53 | |
| Geometric Mean | 116.03 | |
| Coefficient Of Variation | 28.17 | |
| Mean Deviation | 21.98 | |
| Median | 109.83 | |
| Standard Deviation | 33.67 | |
| Sample Variance | 1,134 | |
| Range | 128 | |
| R-Value | (0.38) | |
| Mean Square Error | 1,033 | |
| R-Squared | 0.15 | |
| Significance | 0.13 | |
| Slope | (2.55) | |
| Total Sum of Squares | 18,136 |
NeoGenomics Operating Cycle History
About NeoGenomics Financial Statements
NeoGenomics investors utilize fundamental indicators, such as Operating Cycle, to predict how NeoGenomics 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 | ||
| Operating Cycle | 98.58 | 88.06 |
Pair Trading with NeoGenomics
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 NeoGenomics 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 NeoGenomics will appreciate offsetting losses from the drop in the long position's value.Moving against NeoGenomics Stock
| 0.73 | DVA | DaVita HealthCare | PairCorr |
| 0.69 | BZ7A | Bumrungrad Hospital | PairCorr |
| 0.59 | SIG | Sigma Healthcare | PairCorr |
| 0.58 | 7QD | CLOVER HEALTH INV | PairCorr |
| 0.57 | 4WK | Wenzhou Kangning Hospital | PairCorr |
The ability to find closely correlated positions to NeoGenomics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NeoGenomics 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 NeoGenomics - 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 NeoGenomics to buy it.
The correlation of NeoGenomics 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 NeoGenomics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NeoGenomics 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 NeoGenomics 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 NeoGenomics Correlation against competitors. To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Will Health Care Providers & Services sector continue expanding? Could NeoGenomics diversify its offerings? Factors like these will boost the valuation of NeoGenomics. Anticipated expansion of NeoGenomics directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every NeoGenomics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 1.306 | Earnings Share (0.87) | Revenue Per Share | Quarterly Revenue Growth 0.119 | Return On Assets |
Investors evaluate NeoGenomics using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating NeoGenomics' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause NeoGenomics' market price to deviate significantly from intrinsic value.
It's important to distinguish between NeoGenomics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NeoGenomics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, NeoGenomics' market price signifies the transaction level at which participants voluntarily complete trades.