Palladyne Common Stock Shares Outstanding from 2010 to 2026

PDYN Stock   7.00  0.43  5.79%   
Palladyne Common Stock Shares Outstanding yearly trend continues to be very stable with very little volatility. Common Stock Shares Outstanding is likely to drop to about 20.9 M. Common Stock Shares Outstanding is the total number of shares of a company's common stock that are currently owned by all its shareholders. View All Fundamentals
 
Common Stock Shares Outstanding  
First Reported
2020-09-30
Previous Quarter
37.7 M
Current Value
40.5 M
Quarterly Volatility
5.7 M
 
Covid
 
Interest Hikes
Check Palladyne financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Palladyne's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 2.2 M or Selling General Administrative of 33.9 M, as well as many indicators such as Price To Sales Ratio of 83.75, Dividend Yield of 0.0 or Days Sales Outstanding of 78.63. Palladyne financial statements analysis is a perfect complement when working with Palladyne Valuation or Volatility modules.
  
Build AI portfolio with Palladyne Stock
Check out the analysis of Palladyne Correlation against competitors.
Evaluating Palladyne's Common Stock Shares Outstanding 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 Palladyne AI Corp's fundamental strength.

Latest Palladyne's Common Stock Shares Outstanding Growth Pattern

Below is the plot of the Common Stock Shares Outstanding of Palladyne AI Corp over the last few years. It is the total number of shares of a company's common stock that are currently owned by all its shareholders. Palladyne's Common Stock Shares Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Palladyne's overall financial position and show how it may be relating to other accounts over time.
Common Stock Shares Outstanding10 Years Trend
Slightly volatile
   Common Stock Shares Outstanding   
       Timeline  

Palladyne Common Stock Shares Outstanding Regression Statistics

Arithmetic Mean10,372,046
Geometric Mean3,956,466
Coefficient Of Variation113.08
Mean Deviation10,850,199
Median1,149,377
Standard Deviation11,728,705
Sample Variance137.6T
Range29.6M
R-Value0.87
Mean Square Error36.6T
R-Squared0.75
Slope2,011,976
Total Sum of Squares2201T

Palladyne Common Stock Shares Outstanding History

202620.9 M
202530.8 M
202426.8 M
202325.6 M
202224.5 M
202118.9 M
202017.3 M

About Palladyne Financial Statements

Palladyne investors utilize fundamental indicators, such as Common Stock Shares Outstanding, to predict how Palladyne 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 ReportedProjected for Next Year
Common Stock Shares Outstanding30.8 M20.9 M

Pair Trading with Palladyne

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 Palladyne 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 Palladyne will appreciate offsetting losses from the drop in the long position's value.

Moving together with Palladyne Stock

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  0.62300333 Sinosun TechPairCorr

Moving against Palladyne Stock

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The ability to find closely correlated positions to Palladyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palladyne 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 Palladyne - 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 Palladyne AI Corp to buy it.
The correlation of Palladyne 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 Palladyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palladyne AI Corp 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 Palladyne 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.
Pair CorrelationCorrelation Matching
When determining whether Palladyne AI Corp is a strong investment it is important to analyze Palladyne's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Palladyne's future performance. For an informed investment choice regarding Palladyne Stock, refer to the following important reports:
Check out the analysis of Palladyne Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Will Electronic Equipment, Instruments & Components sector continue expanding? Could Palladyne diversify its offerings? Factors like these will boost the valuation of Palladyne. Anticipated expansion of Palladyne directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Palladyne data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(1.66)
Revenue Per Share
0.122
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.33)
Return On Equity
(1.10)
The market value of Palladyne AI Corp is measured differently than its book value, which is the value of Palladyne that is recorded on the company's balance sheet. Investors also form their own opinion of Palladyne's value that differs from its market value or its book value, called intrinsic value, which is Palladyne's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Palladyne's market value can be influenced by many factors that don't directly affect Palladyne's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Palladyne's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Palladyne should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Palladyne's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.