Penumbra Operating Cycle from 2010 to 2026
| PEN Stock | USD 339.10 0.84 0.25% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 350.03 | Current Value 314.69 | Quarterly Volatility 41.83879291 |
Check Penumbra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penumbra's main balance sheet or income statement drivers, such as Interest Expense of 1.5 M, Total Revenue of 1.4 B or Gross Profit of 911.7 M, as well as many indicators such as Price To Sales Ratio of 10.65, Dividend Yield of 0.0 or PTB Ratio of 7.53. Penumbra financial statements analysis is a perfect complement when working with Penumbra Valuation or Volatility modules.
Penumbra | Operating Cycle | Build AI portfolio with Penumbra Stock |
Evaluating Penumbra'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 Penumbra's fundamental strength.
Latest Penumbra's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Penumbra over the last few years. It is Penumbra's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Penumbra's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
|
Operating Cycle |
| Timeline |
Penumbra Operating Cycle Regression Statistics
| Arithmetic Mean | 382.59 | |
| Geometric Mean | 380.52 | |
| Coefficient Of Variation | 10.94 | |
| Mean Deviation | 31.78 | |
| Median | 373.01 | |
| Standard Deviation | 41.84 | |
| Sample Variance | 1,750 | |
| Range | 164 | |
| R-Value | 0.19 | |
| Mean Square Error | 1,798 | |
| R-Squared | 0.04 | |
| Significance | 0.46 | |
| Slope | 1.59 | |
| Total Sum of Squares | 28,008 |
Penumbra Operating Cycle History
About Penumbra Financial Statements
Penumbra investors utilize fundamental indicators, such as Operating Cycle, to predict how Penumbra 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 | 350.03 | 314.69 |
Pair Trading with Penumbra
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 Penumbra 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 Penumbra will appreciate offsetting losses from the drop in the long position's value.Moving against Penumbra Stock
| 0.8 | AHC | Austco Healthcare | PairCorr |
| 0.79 | OTC | Ocumetics Technology Corp | PairCorr |
| 0.72 | IHC | Inspiration Healthcare | PairCorr |
| 0.7 | RHT | Resonance Health | PairCorr |
| 0.67 | NTI | Neurotech International | PairCorr |
The ability to find closely correlated positions to Penumbra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Penumbra 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 Penumbra - 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 Penumbra to buy it.
The correlation of Penumbra 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 Penumbra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Penumbra 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 Penumbra 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 Penumbra Correlation against competitors. To learn how to invest in Penumbra Stock, please use our How to Invest in Penumbra guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Will Health Care Equipment & Supplies sector continue expanding? Could Penumbra diversify its offerings? Factors like these will boost the valuation of Penumbra. Anticipated expansion of Penumbra directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Penumbra data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.56 | Earnings Share 4.2 | Revenue Per Share | Quarterly Revenue Growth 0.178 | Return On Assets |
Investors evaluate Penumbra using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Penumbra's 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 Penumbra's market price to deviate significantly from intrinsic value.
It's important to distinguish between Penumbra's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Penumbra should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Penumbra's market price signifies the transaction level at which participants voluntarily complete trades.