2Seventy Non Currrent Assets Other from 2010 to 2024
| TSVT Stock | USD 4.13 0.43 9.43% |
Non Currrent Assets Other | First Reported 2010-12-31 | Previous Quarter 36.4 M | Current Value 29.9 M | Quarterly Volatility 10.5 M |
Check 2Seventy Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 2Seventy Bio's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 10.8 M or Depreciation And Amortization of 13.1 M, as well as many indicators such as Price To Sales Ratio of 1.99, Dividend Yield of 0.0 or PTB Ratio of 0.78. 2Seventy financial statements analysis is a perfect complement when working with 2Seventy Bio Valuation or Volatility modules.
2Seventy | Non Currrent Assets Other |
Latest 2Seventy Bio's Non Currrent Assets Other Growth Pattern
Below is the plot of the Non Currrent Assets Other of 2Seventy Bio over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. 2Seventy Bio's Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 2Seventy Bio's overall financial position and show how it may be relating to other accounts over time.
| Non Currrent Assets Other | 10 Years Trend |
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Non Currrent Assets Other |
| Timeline |
2Seventy Non Currrent Assets Other Regression Statistics
| Arithmetic Mean | 19,469,435 | |
| Geometric Mean | 17,382,319 | |
| Coefficient Of Variation | 53.83 | |
| Mean Deviation | 8,717,438 | |
| Median | 14,052,000 | |
| Standard Deviation | 10,481,053 | |
| Sample Variance | 109.9T | |
| Range | 30.3M | |
| R-Value | 0.68 | |
| Mean Square Error | 63.3T | |
| R-Squared | 0.46 | |
| Significance | 0.01 | |
| Slope | 1,597,581 | |
| Total Sum of Squares | 1537.9T |
2Seventy Non Currrent Assets Other History
About 2Seventy Bio Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include 2Seventy Bio income statement, its balance sheet, and the statement of cash flows. 2Seventy Bio investors use historical funamental indicators, such as 2Seventy Bio's Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although 2Seventy Bio investors may use each financial statement separately, they are all related. The changes in 2Seventy Bio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 2Seventy Bio'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 2Seventy Bio Financial Statements. Understanding these patterns can help to make the right decision on long term investment in 2Seventy Bio. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Currrent Assets Other | 36.4 M | 29.9 M |
Pair Trading with 2Seventy Bio
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 2Seventy Bio 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 2Seventy Bio will appreciate offsetting losses from the drop in the long position's value.Moving together with 2Seventy Stock
Moving against 2Seventy Stock
The ability to find closely correlated positions to 2Seventy Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 2Seventy Bio 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 2Seventy Bio - 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 2Seventy Bio to buy it.
The correlation of 2Seventy Bio 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 2Seventy Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 2Seventy Bio 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 2Seventy Bio 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 2Seventy Stock Analysis
When running 2Seventy Bio's price analysis, check to measure 2Seventy Bio'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 2Seventy Bio is operating at the current time. Most of 2Seventy Bio's value examination focuses on studying past and present price action to predict the probability of 2Seventy Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2Seventy Bio's price. Additionally, you may evaluate how the addition of 2Seventy Bio to your portfolios can decrease your overall portfolio volatility.