Churchill Change To Operating Activities from 2010 to 2024

CHDN Stock  USD 134.06  0.16  0.12%   
Churchill Downs Change To Operating Activities yearly trend continues to be very stable with very little volatility. Change To Operating Activities is likely to drop to about 15.4 M. During the period from 2010 to 2024, Churchill Downs Change To Operating Activities quarterly data regression pattern had sample variance of 1376.3 T and median of (1,600,000). View All Fundamentals
 
Change To Operating Activities  
First Reported
2014-12-31
Previous Quarter
-17.7 M
Current Value
-17.7 M
Quarterly Volatility
44.9 M
 
Yuan Drop
 
Covid
Check Churchill Downs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Churchill main balance sheet or income statement drivers, such as Depreciation And Amortization of 184 M, Interest Expense of 281.8 M or Selling General Administrative of 212.4 M, as well as many exotic indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0025 or PTB Ratio of 11.92. Churchill financial statements analysis is a perfect complement when working with Churchill Downs Valuation or Volatility modules.
  
This module can also supplement Churchill Downs' financial leverage analysis and stock options assessment as well as various Churchill Downs Technical models . Check out the analysis of Churchill Downs Correlation against competitors.

Latest Churchill Downs' Change To Operating Activities Growth Pattern

Below is the plot of the Change To Operating Activities of Churchill Downs Incorporated over the last few years. It is Churchill Downs' Change To Operating Activities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Churchill Downs' overall financial position and show how it may be relating to other accounts over time.
Change To Operating Activities10 Years Trend
Slightly volatile
   Change To Operating Activities   
       Timeline  

Churchill Change To Operating Activities Regression Statistics

Arithmetic Mean10,640,111
Geometric Mean9,857,903
Coefficient Of Variation348.67
Mean Deviation24,314,800
Median(1,600,000)
Standard Deviation37,098,355
Sample Variance1376.3T
Range154M
R-Value0.47
Mean Square Error1152.4T
R-Squared0.22
Significance0.08
Slope3,912,667
Total Sum of Squares19268T

Churchill Change To Operating Activities History

202415.4 M
202324.3 M
202221.1 M
202153.9 M
2020118.9 M
201912.6 M
20185.7 M

About Churchill Downs Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Churchill Downs income statement, its balance sheet, and the statement of cash flows. Churchill Downs investors use historical funamental indicators, such as Churchill Downs's Change To Operating Activities, to determine how well the company is positioned to perform in the future. Although Churchill Downs investors may use each financial statement separately, they are all related. The changes in Churchill Downs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Churchill Downs'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 Churchill Downs Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Churchill Downs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Operating Activities24.3 M15.4 M

Pair Trading with Churchill Downs

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 Churchill Downs 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 Churchill Downs will appreciate offsetting losses from the drop in the long position's value.

Moving against Churchill Stock

  0.79SBUX Starbucks Fiscal Year End 7th of November 2024 PairCorr
  0.77EXPE Expedia GroupPairCorr
  0.71PTLO PortillosPairCorr
  0.69BYD Boyd GamingPairCorr
  0.62PLAY Dave Busters Enterta Financial Report 4th of June 2024 PairCorr
The ability to find closely correlated positions to Churchill Downs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Churchill Downs 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 Churchill Downs - 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 Churchill Downs Incorporated to buy it.
The correlation of Churchill Downs 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 Churchill Downs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Churchill Downs 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 Churchill Downs 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.
Pair CorrelationCorrelation Matching
When determining whether Churchill Downs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:
Check out the analysis of Churchill Downs Correlation against competitors.
Note that the Churchill Downs information on this page should be used as a complementary analysis to other Churchill Downs' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Churchill Stock analysis

When running Churchill Downs' price analysis, check to measure Churchill Downs' 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 Churchill Downs is operating at the current time. Most of Churchill Downs' value examination focuses on studying past and present price action to predict the probability of Churchill Downs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Downs' price. Additionally, you may evaluate how the addition of Churchill Downs to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Is Churchill Downs' 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 Churchill Downs. If investors know Churchill 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 Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Dividend Share
0.382
Earnings Share
4.51
Revenue Per Share
33.286
Quarterly Revenue Growth
0.056
The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' 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 Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' 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 Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' 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.