Cybin Historical Cash Flow
| CYBN Stock | 14.55 0.18 1.25% |
Analysis of Cybin cash flow over time is an excellent tool to project Cybin Inc future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Change In Cash of 202 M or Depreciation of 445.2 K as it is a great indicator of Cybin ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Cybin Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cybin Inc is a good buy for the upcoming year.
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About Cybin Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Cybin balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Cybin's non-liquid assets can be easily converted into cash.
Cybin Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Cybin Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cybin operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Cybin's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Cybin Inc current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cybin Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Cybin's Change In Cash is projected to increase significantly based on the last few years of reporting. The current year's Depreciation is expected to grow to about 445.2 K, whereas Other Cashflows From Financing Activities is projected to grow to (812.2 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 105K | 142K | 710K | 745.5K | Depreciation | 168K | 233K | 424K | 445.2K |
Cybin cash flow statement Correlations
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Cybin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Cybin
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 Cybin 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 Cybin will appreciate offsetting losses from the drop in the long position's value.Moving together with Cybin Stock
Moving against Cybin Stock
The ability to find closely correlated positions to Cybin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cybin 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 Cybin - 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 Cybin Inc to buy it.
The correlation of Cybin 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 Cybin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cybin Inc 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 Cybin 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cybin Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.