Retractable Non Current Liabilities Total from 2010 to 2024
RVP Stock | USD 0.61 0.02 3.17% |
Non Current Liabilities Total | First Reported 2000-09-30 | Previous Quarter 67.9 M | Current Value 66.3 M | Quarterly Volatility 23.8 M |
Check Retractable Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Retractable Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.9 M, Interest Expense of 197.8 K or Selling General Administrative of 13 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0066 or PTB Ratio of 0.32. Retractable financial statements analysis is a perfect complement when working with Retractable Technologies Valuation or Volatility modules.
Retractable | Non Current Liabilities Total |
Latest Retractable Technologies' Non Current Liabilities Total Growth Pattern
Below is the plot of the Non Current Liabilities Total of Retractable Technologies over the last few years. It is Retractable Technologies' Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Retractable Technologies' overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Total | 10 Years Trend |
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Non Current Liabilities Total |
Timeline |
Retractable Non Current Liabilities Total Regression Statistics
Arithmetic Mean | 23,914,897 | |
Geometric Mean | 9,133,161 | |
Coefficient Of Variation | 132.23 | |
Mean Deviation | 26,931,010 | |
Median | 3,826,210 | |
Standard Deviation | 31,622,571 | |
Sample Variance | 1000T | |
Range | 74.6M | |
R-Value | 0.80 | |
Mean Square Error | 391.1T | |
R-Squared | 0.64 | |
Significance | 0.0004 | |
Slope | 5,642,667 | |
Total Sum of Squares | 13999.8T |
Retractable Non Current Liabilities Total History
About Retractable Technologies Financial Statements
Retractable Technologies shareholders use historical fundamental indicators, such as Non Current Liabilities Total, to determine how well the company is positioned to perform in the future. Although Retractable Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Retractable Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Retractable Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Non Current Liabilities Total | 71 M | 74.6 M |
Pair Trading with Retractable Technologies
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 Retractable Technologies 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 Retractable Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Retractable Stock
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The ability to find closely correlated positions to Retractable Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Retractable Technologies 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 Retractable Technologies - 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 Retractable Technologies to buy it.
The correlation of Retractable Technologies 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 Retractable Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Retractable Technologies 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 Retractable Technologies 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.Additional Tools for Retractable Stock Analysis
When running Retractable Technologies' price analysis, check to measure Retractable Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Retractable Technologies is operating at the current time. Most of Retractable Technologies' value examination focuses on studying past and present price action to predict the probability of Retractable Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Retractable Technologies' price. Additionally, you may evaluate how the addition of Retractable Technologies to your portfolios can decrease your overall portfolio volatility.