Pure Net Invested Capital from 2010 to 2024
| PCYO Stock | USD 13.80 0.70 5.34% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 143.9 M | Current Value 100.3 M | Quarterly Volatility 25.6 M |
Check Pure Cycle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pure Cycle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 M, Interest Expense of 417.1 K or Selling General Administrative of 6.6 M, as well as many indicators such as Price To Sales Ratio of 8.48, Dividend Yield of 0.0 or PTB Ratio of 3.12. Pure financial statements analysis is a perfect complement when working with Pure Cycle Valuation or Volatility modules.
Pure | Net Invested Capital |
Latest Pure Cycle's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Pure Cycle over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Pure Cycle's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pure Cycle's overall financial position and show how it may be relating to other accounts over time.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
Pure Net Invested Capital Regression Statistics
| Arithmetic Mean | 85,858,874 | |
| Geometric Mean | 82,812,578 | |
| Coefficient Of Variation | 29.76 | |
| Mean Deviation | 21,309,625 | |
| Median | 69,452,786 | |
| Standard Deviation | 25,554,637 | |
| Sample Variance | 653T | |
| Range | 76.4M | |
| R-Value | 0.82 | |
| Mean Square Error | 227.2T | |
| R-Squared | 0.68 | |
| Significance | 0.0002 | |
| Slope | 4,701,515 | |
| Total Sum of Squares | 9142.6T |
Pure Net Invested Capital History
About Pure Cycle Financial Statements
Pure Cycle investors utilize fundamental indicators, such as Net Invested Capital, to predict how Pure 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 Invested Capital | 143.9 M | 100.3 M |
Pair Trading with Pure Cycle
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 Pure Cycle 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 Pure Cycle will appreciate offsetting losses from the drop in the long position's value.Moving together with Pure Stock
Moving against Pure Stock
| 0.69 | ES | Eversource Energy | PairCorr |
| 0.67 | FE | FirstEnergy | PairCorr |
| 0.64 | ED | Consolidated Edison | PairCorr |
| 0.57 | CWT | California Water Service | PairCorr |
| 0.5 | SJW | SJW Group Common | PairCorr |
The ability to find closely correlated positions to Pure Cycle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pure Cycle 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 Pure Cycle - 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 Pure Cycle to buy it.
The correlation of Pure Cycle 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 Pure Cycle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pure Cycle 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 Pure Cycle 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 Pure Cycle Correlation against competitors. To learn how to invest in Pure Stock, please use our How to Invest in Pure Cycle guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Water Utilities 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 Pure Cycle. If investors know Pure 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 Pure Cycle 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 5.767 | Earnings Share 0.48 | Revenue Per Share 1.194 | Quarterly Revenue Growth 2.729 | Return On Assets 0.0545 |
The market value of Pure Cycle is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Cycle's value that differs from its market value or its book value, called intrinsic value, which is Pure Cycle'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 Pure Cycle's market value can be influenced by many factors that don't directly affect Pure Cycle'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 Pure Cycle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Cycle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Cycle'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.