Navitas Cash Per Share from 2010 to 2024
| NVTS Stock | USD 4.45 0.19 4.09% |
Cash Per Share | First Reported 2010-12-31 | Previous Quarter 0.9047636 | Current Value 0.9 | Quarterly Volatility 0.51391871 |
Check Navitas Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Navitas Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22 M, Interest Expense of 1.7 M or Selling General Administrative of 45.9 M, as well as many indicators such as Price To Sales Ratio of 16.3, Dividend Yield of 0.0 or PTB Ratio of 3.4. Navitas financial statements analysis is a perfect complement when working with Navitas Semiconductor Valuation or Volatility modules.
Navitas | Cash Per Share |
Latest Navitas Semiconductor's Cash Per Share Growth Pattern
Below is the plot of the Cash Per Share of Navitas Semiconductor Corp over the last few years. It is Navitas Semiconductor's Cash Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Navitas Semiconductor's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.91 X | 10 Years Trend |
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Cash Per Share |
| Timeline |
Navitas Cash Per Share Regression Statistics
| Arithmetic Mean | 0.68 | |
| Geometric Mean | 0.58 | |
| Coefficient Of Variation | 75.21 | |
| Mean Deviation | 0.36 | |
| Median | 0.41 | |
| Standard Deviation | 0.51 | |
| Sample Variance | 0.26 | |
| Range | 1.8669 | |
| R-Value | 0.57 | |
| Mean Square Error | 0.19 | |
| R-Squared | 0.33 | |
| Significance | 0.03 | |
| Slope | 0.07 | |
| Total Sum of Squares | 3.70 |
Navitas Cash Per Share History
About Navitas Semiconductor Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Navitas Semiconductor income statement, its balance sheet, and the statement of cash flows. Navitas Semiconductor investors use historical funamental indicators, such as Navitas Semiconductor's Cash Per Share, to determine how well the company is positioned to perform in the future. Although Navitas Semiconductor investors may use each financial statement separately, they are all related. The changes in Navitas Semiconductor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Navitas Semiconductor'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 Navitas Semiconductor Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Navitas Semiconductor. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 0.90 | 0.90 |
Pair Trading with Navitas Semiconductor
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 Navitas Semiconductor 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 Navitas Semiconductor will appreciate offsetting losses from the drop in the long position's value.Moving together with Navitas Stock
Moving against Navitas Stock
| 0.54 | MU | Micron Technology Financial Report 26th of June 2024 | PairCorr |
| 0.47 | PI | Impinj Inc | PairCorr |
| 0.37 | ADI | Analog Devices Fiscal Year End 19th of November 2024 | PairCorr |
| 0.33 | VECO | Veeco Instruments | PairCorr |
The ability to find closely correlated positions to Navitas Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Navitas Semiconductor 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 Navitas Semiconductor - 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 Navitas Semiconductor Corp to buy it.
The correlation of Navitas Semiconductor 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 Navitas Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Navitas Semiconductor 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 Navitas Semiconductor 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 Navitas Stock Analysis
When running Navitas Semiconductor's price analysis, check to measure Navitas Semiconductor'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 Navitas Semiconductor is operating at the current time. Most of Navitas Semiconductor's value examination focuses on studying past and present price action to predict the probability of Navitas Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navitas Semiconductor's price. Additionally, you may evaluate how the addition of Navitas Semiconductor to your portfolios can decrease your overall portfolio volatility.