Hyperfine Historical Cash Flow
| HYPR Stock | USD 1.02 0.04 4.08% |
Analysis of Hyperfine cash flow over time is an excellent tool to project Hyperfine 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 Other Cashflows From Financing Activities of 165.3 K or Depreciation of 709.5 K as it is a great indicator of Hyperfine ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Hyperfine 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 Hyperfine is a good buy for the upcoming year.
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About Hyperfine Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Hyperfine 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 Hyperfine's non-liquid assets can be easily converted into cash.
Hyperfine Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Capital Expenditures
Capital Expenditures are funds used by Hyperfine to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Hyperfine operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Hyperfine's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Hyperfine 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyperfine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Hyperfine Stock, please use our How to Invest in Hyperfine guide.At this time, Hyperfine's Stock Based Compensation is relatively stable compared to the past year. As of 11/24/2024, Other Non Cash Items is likely to grow to about 261.4 K, while Investments are likely to drop (739.2 K).
Hyperfine cash flow statement Correlations
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Hyperfine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Hyperfine
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 Hyperfine 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 Hyperfine will appreciate offsetting losses from the drop in the long position's value.Moving against Hyperfine Stock
| 0.66 | FOXO | FOXO Technologies | PairCorr |
| 0.58 | DOCS | Doximity | PairCorr |
| 0.56 | ITGR | Integer Holdings Corp | PairCorr |
| 0.5 | VMD | Viemed Healthcare | PairCorr |
| 0.48 | VEEV | Veeva Systems Class | PairCorr |
The ability to find closely correlated positions to Hyperfine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyperfine 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 Hyperfine - 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 Hyperfine to buy it.
The correlation of Hyperfine 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 Hyperfine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyperfine 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 Hyperfine 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 Hyperfine Stock Analysis
When running Hyperfine's price analysis, check to measure Hyperfine's 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 Hyperfine is operating at the current time. Most of Hyperfine's value examination focuses on studying past and present price action to predict the probability of Hyperfine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyperfine's price. Additionally, you may evaluate how the addition of Hyperfine to your portfolios can decrease your overall portfolio volatility.