UFP Research Development from 2010 to 2024
| UFPT Stock | USD 252.39 10.19 3.88% |
Research Development | First Reported 2000-03-31 | Previous Quarter 9.3 M | Current Value 7.2 M | Quarterly Volatility 2.3 M |
Check UFP Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among UFP main balance sheet or income statement drivers, such as Depreciation And Amortization of 12 M, Interest Expense of 3.5 M or Total Revenue of 420.1 M, as well as many exotic indicators such as Price To Sales Ratio of 3.44, Dividend Yield of 0.0015 or PTB Ratio of 4.81. UFP financial statements analysis is a perfect complement when working with UFP Technologies Valuation or Volatility modules.
UFP | Research Development |
Latest UFP Technologies' Research Development Growth Pattern
Below is the plot of the Research Development of UFP Technologies over the last few years. It is UFP Technologies' Research Development historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in UFP Technologies' overall financial position and show how it may be relating to other accounts over time.
| Research Development | 10 Years Trend |
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Research Development |
| Timeline |
UFP Research Development Regression Statistics
| Arithmetic Mean | 4,456,542 | |
| Geometric Mean | 2,924,960 | |
| Coefficient Of Variation | 84.78 | |
| Mean Deviation | 3,434,767 | |
| Median | 1,400,000 | |
| Standard Deviation | 3,778,079 | |
| Sample Variance | 14.3T | |
| Range | 9.6M | |
| R-Value | 0.73 | |
| Mean Square Error | 7.2T | |
| R-Squared | 0.53 | |
| Significance | 0 | |
| Slope | 617,632 | |
| Total Sum of Squares | 199.8T |
UFP Research Development History
About UFP Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include UFP Technologies income statement, its balance sheet, and the statement of cash flows. UFP Technologies investors use historical funamental indicators, such as UFP Technologies's Research Development, to determine how well the company is positioned to perform in the future. Although UFP Technologies investors may use each financial statement separately, they are all related. The changes in UFP Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on UFP Technologies'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 UFP Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in UFP Technologies. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Research Development | 7.2 M | 4.4 M |
Pair Trading with UFP Technologies
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 UFP Technologies 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 UFP Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against UFP Stock
| 0.65 | DH | Definitive Healthcare | PairCorr |
| 0.55 | CAH | Cardinal Health Fiscal Year End 20th of August 2024 | PairCorr |
| 0.54 | ENOV | Enovis Corp | PairCorr |
| 0.52 | AHG | Akso Health Group | PairCorr |
| 0.44 | DOCS | Doximity | PairCorr |
The ability to find closely correlated positions to UFP Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UFP Technologies 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 UFP Technologies - 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 UFP Technologies to buy it.
The correlation of UFP Technologies 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 UFP Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UFP Technologies 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 UFP Technologies 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 UFP Technologies Correlation against competitors. For more information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for UFP Stock analysis
When running UFP Technologies' price analysis, check to measure UFP Technologies' 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 UFP Technologies is operating at the current time. Most of UFP Technologies' value examination focuses on studying past and present price action to predict the probability of UFP Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UFP Technologies' price. Additionally, you may evaluate how the addition of UFP Technologies to your portfolios can decrease your overall portfolio volatility.
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Is UFP Technologies' 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 UFP Technologies. If investors know UFP 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 UFP Technologies 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 0.291 | Earnings Share 6.21 | Revenue Per Share 53.324 | Quarterly Revenue Growth 0.074 | Return On Assets 0.0968 |
The market value of UFP Technologies is measured differently than its book value, which is the value of UFP that is recorded on the company's balance sheet. Investors also form their own opinion of UFP Technologies' value that differs from its market value or its book value, called intrinsic value, which is UFP Technologies' 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 UFP Technologies' market value can be influenced by many factors that don't directly affect UFP Technologies' 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 UFP Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if UFP Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UFP Technologies' 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.