Patterson Free Cash Flow Operating Cash Flow Ratio from 2010 to 2024
| PDCO Stock | USD 30.90 0.12 0.39% |
Free Cash Flow Operating Cash Flow Ratio | First Reported 2010-12-31 | Previous Quarter 1.08566998 | Current Value 1.03905019 | Quarterly Volatility 0.0577809 |
Check Patterson Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patterson Companies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.6 M, Interest Expense of 47.2 M or Total Revenue of 6.9 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0338 or PTB Ratio of 2.87. Patterson financial statements analysis is a perfect complement when working with Patterson Companies Valuation or Volatility modules.
Patterson | Free Cash Flow Operating Cash Flow Ratio |
Latest Patterson Companies' Free Cash Flow Operating Cash Flow Ratio Growth Pattern
Below is the plot of the Free Cash Flow Operating Cash Flow Ratio of Patterson Companies over the last few years. It is Patterson Companies' Free Cash Flow Operating Cash Flow Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patterson Companies' overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Operating Cash Flow Ratio | 10 Years Trend |
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Free Cash Flow Operating Cash Flow Ratio |
| Timeline |
Patterson Free Cash Flow Operating Cash Flow Ratio Regression Statistics
| Arithmetic Mean | 1.03 | |
| Geometric Mean | 1.03 | |
| Coefficient Of Variation | 5.60 | |
| Mean Deviation | 0.03 | |
| Median | 1.04 | |
| Standard Deviation | 0.06 | |
| Sample Variance | 0 | |
| Range | 0.2485 | |
| R-Value | 0.60 | |
| Mean Square Error | 0 | |
| R-Squared | 0.36 | |
| Significance | 0.02 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.05 |
Patterson Free Cash Flow Operating Cash Flow Ratio History
About Patterson Companies Financial Statements
Patterson Companies investors utilize fundamental indicators, such as Free Cash Flow Operating Cash Flow Ratio, to predict how Patterson Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Operating Cash Flow Ratio | 1.09 | 1.04 |
Pair Trading with Patterson Companies
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 Patterson Companies 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 Patterson Companies will appreciate offsetting losses from the drop in the long position's value.Moving together with Patterson Stock
Moving against Patterson Stock
| 0.62 | CI | Cigna Corp | PairCorr |
| 0.51 | DRIO | DarioHealth Corp | PairCorr |
| 0.43 | EDAP | EDAP TMS SA | PairCorr |
| 0.41 | VNRX | Volitionrx | PairCorr |
The ability to find closely correlated positions to Patterson Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patterson Companies 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 Patterson Companies - 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 Patterson Companies to buy it.
The correlation of Patterson Companies 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 Patterson Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patterson Companies 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 Patterson Companies 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 Patterson Companies Correlation against competitors. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Health Care Providers & Services 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 Patterson Companies. If investors know Patterson 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 Patterson Companies 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 (0.53) | Earnings Share 1.69 | Revenue Per Share 71.704 | Quarterly Revenue Growth (0.02) | Return On Assets 0.056 |
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' 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 Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' 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 Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' 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.