Ovid Average Receivables from 2010 to 2024

OVID Stock  USD 1.05  0.02  1.94%   
Ovid Therapeutics' Average Receivables is increasing over the years with stable fluctuation. Average Receivables is expected to dwindle to about 60.6 K. During the period from 2010 to 2024 Ovid Therapeutics Average Receivables annual values regression line had geometric mean of  62,097 and mean square error of 60.5 B. View All Fundamentals
 
Average Receivables  
First Reported
2010-12-31
Previous Quarter
63.8 K
Current Value
60.6 K
Quarterly Volatility
246.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ovid Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovid Therapeutics' main balance sheet or income statement drivers, such as Interest Expense of 3.3 M, Selling General Administrative of 22.5 M or Total Revenue of 372.1 K, as well as many indicators such as Price To Sales Ratio of 609, Dividend Yield of 0.0 or PTB Ratio of 3.82. Ovid financial statements analysis is a perfect complement when working with Ovid Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Ovid Therapeutics Correlation against competitors.
For information on how to trade Ovid Stock refer to our How to Trade Ovid Stock guide.

Latest Ovid Therapeutics' Average Receivables Growth Pattern

Below is the plot of the Average Receivables of Ovid Therapeutics over the last few years. It is Ovid Therapeutics' Average Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovid Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Average Receivables10 Years Trend
Pretty Stable
   Average Receivables   
       Timeline  

Ovid Average Receivables Regression Statistics

Arithmetic Mean160,683
Geometric Mean62,097
Coefficient Of Variation153.65
Mean Deviation190,309
Median33,004
Standard Deviation246,890
Sample Variance61B
Range632.8K
R-Value0.28
Mean Square Error60.5B
R-Squared0.08
Significance0.31
Slope15,498
Total Sum of Squares853.4B

Ovid Average Receivables History

202460.6 K
202363.8 K
202170.9 K
2018636.5 K
2017 3684.5

About Ovid Therapeutics Financial Statements

Ovid Therapeutics stakeholders use historical fundamental indicators, such as Ovid Therapeutics' Average Receivables, to determine how well the company is positioned to perform in the future. Although Ovid Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ovid Therapeutics' assets and liabilities are reflected in the revenues and expenses on Ovid Therapeutics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ovid Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Receivables63.8 K60.6 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ovid Therapeutics is a strong investment it is important to analyze Ovid Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ovid Therapeutics' future performance. For an informed investment choice regarding Ovid Stock, refer to the following important reports:
Check out the analysis of Ovid Therapeutics Correlation against competitors.
For information on how to trade Ovid Stock refer to our How to Trade Ovid Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Biotechnology space 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 Ovid Therapeutics. If investors know Ovid 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 Ovid Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.46)
Revenue Per Share
0.009
Quarterly Revenue Growth
0.587
Return On Assets
(0.36)
Return On Equity
(0.37)
The market value of Ovid Therapeutics is measured differently than its book value, which is the value of Ovid that is recorded on the company's balance sheet. Investors also form their own opinion of Ovid Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Ovid Therapeutics' 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 Ovid Therapeutics' market value can be influenced by many factors that don't directly affect Ovid Therapeutics' 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 Ovid Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ovid Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ovid Therapeutics' 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.