Aldeyra Total Cash From Operating Activities from 2010 to 2024
| ALDX Stock | USD 4.05 0.12 3.05% |
Total Cash From Operating Activities | First Reported 2012-12-31 | Previous Quarter -8 M | Current Value 500.4 K | Quarterly Volatility 5 M |
Check Aldeyra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aldeyra main balance sheet or income statement drivers, such as Depreciation And Amortization of 249.6 K, Interest Expense of 2.2 M or Selling General Administrative of 12.7 K, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.62. Aldeyra financial statements analysis is a perfect complement when working with Aldeyra Valuation or Volatility modules.
Aldeyra | Total Cash From Operating Activities |
Latest Aldeyra's Total Cash From Operating Activities Growth Pattern
Below is the plot of the Total Cash From Operating Activities of Aldeyra over the last few years. It is Aldeyra's Total Cash From Operating Activities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aldeyra's overall financial position and show how it may be relating to other accounts over time.
| Total Cash From Operating Activities | 10 Years Trend |
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Total Cash From Operating Activities |
| Timeline |
Aldeyra Total Cash From Operating Activities Regression Statistics
| Arithmetic Mean | (21,961,650) | |
| Coefficient Of Variation | (83.98) | |
| Mean Deviation | 15,995,322 | |
| Median | (19,222,862) | |
| Standard Deviation | 18,442,808 | |
| Sample Variance | 340.1T | |
| Range | 55.9M | |
| R-Value | (0.87) | |
| Mean Square Error | 91.2T | |
| R-Squared | 0.75 | |
| Significance | 0.000029 | |
| Slope | (3,573,742) | |
| Total Sum of Squares | 4761.9T |
Aldeyra Total Cash From Operating Activities History
About Aldeyra Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Aldeyra income statement, its balance sheet, and the statement of cash flows. Aldeyra investors use historical funamental indicators, such as Aldeyra's Total Cash From Operating Activities, to determine how well the company is positioned to perform in the future. Although Aldeyra investors may use each financial statement separately, they are all related. The changes in Aldeyra's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aldeyra's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Aldeyra Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aldeyra. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Cash From Operating Activities | -30.3 M | -31.8 M |
Pair Trading with Aldeyra
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 Aldeyra 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 Aldeyra will appreciate offsetting losses from the drop in the long position's value.Moving against Aldeyra Stock
| 0.43 | EVOK | Evoke Pharma | PairCorr |
| 0.42 | ETON | Eton Pharmaceuticals Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to Aldeyra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aldeyra 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 Aldeyra - 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 Aldeyra to buy it.
The correlation of Aldeyra 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 Aldeyra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aldeyra 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 Aldeyra 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 Aldeyra Correlation against competitors. For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.Note that the Aldeyra information on this page should be used as a complementary analysis to other Aldeyra's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Aldeyra Stock analysis
When running Aldeyra's price analysis, check to measure Aldeyra'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 Aldeyra is operating at the current time. Most of Aldeyra's value examination focuses on studying past and present price action to predict the probability of Aldeyra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aldeyra's price. Additionally, you may evaluate how the addition of Aldeyra to your portfolios can decrease your overall portfolio volatility.
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Is Aldeyra's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aldeyra. If investors know Aldeyra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aldeyra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.64) | Return On Assets (0.16) | Return On Equity (0.28) |
The market value of Aldeyra is measured differently than its book value, which is the value of Aldeyra that is recorded on the company's balance sheet. Investors also form their own opinion of Aldeyra's value that differs from its market value or its book value, called intrinsic value, which is Aldeyra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aldeyra's market value can be influenced by many factors that don't directly affect Aldeyra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aldeyra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aldeyra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aldeyra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.