Apyx Minority Interest from 2010 to 2024

APYX Stock  USD 1.43  0.03  2.14%   
Apyx Medical Minority Interest yearly trend continues to be fairly stable with very little volatility. Minority Interest is likely to outpace its year average in 2024. During the period from 2010 to 2024, Apyx Medical Minority Interest regression line of annual values had r-squared of  0.16 and arithmetic mean of  111,653. View All Fundamentals
 
Minority Interest  
First Reported
2005-03-31
Previous Quarter
46 K
Current Value
17 K
Quarterly Volatility
2.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Apyx Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apyx main balance sheet or income statement drivers, such as Depreciation And Amortization of 673.4 K, Interest Expense of 2.6 M or Selling General Administrative of 51.3 M, as well as many exotic indicators such as Price To Sales Ratio of 1.65, Dividend Yield of 0.0 or PTB Ratio of 3.23. Apyx financial statements analysis is a perfect complement when working with Apyx Medical Valuation or Volatility modules.
  
This module can also supplement Apyx Medical's financial leverage analysis and stock options assessment as well as various Apyx Medical Technical models . Check out the analysis of Apyx Medical Correlation against competitors.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.

Latest Apyx Medical's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Apyx Medical over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Apyx Medical whose combined shares represent less than 50% of the total outstanding shares issued by Apyx Medical have a minority interest in Apyx Medical. It is Apyx Medical's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Apyx Medical's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

Apyx Minority Interest Regression Statistics

Arithmetic Mean111,653
Geometric Mean121,101
Coefficient Of Variation63.78
Mean Deviation46,041
Median138,000
Standard Deviation71,211
Sample Variance5.1B
Range236.8K
R-Value(0.40)
Mean Square Error4.6B
R-Squared0.16
Significance0.14
Slope(6,437)
Total Sum of Squares71B

Apyx Minority Interest History

2024142.8 K
2023136 K
2022-94 K
2021-28 K

About Apyx Medical Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Apyx Medical income statement, its balance sheet, and the statement of cash flows. Apyx Medical investors use historical funamental indicators, such as Apyx Medical's Minority Interest, to determine how well the company is positioned to perform in the future. Although Apyx Medical investors may use each financial statement separately, they are all related. The changes in Apyx Medical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Apyx Medical'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 Apyx Medical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Apyx Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Minority Interest136 K142.8 K

Pair Trading with Apyx Medical

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 Apyx Medical 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 Apyx Medical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Apyx Stock

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Moving against Apyx Stock

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The ability to find closely correlated positions to Apyx Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apyx Medical 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 Apyx Medical - 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 Apyx Medical to buy it.
The correlation of Apyx Medical 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 Apyx Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apyx Medical 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 Apyx Medical 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.
Pair CorrelationCorrelation Matching
When determining whether Apyx Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Apyx Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apyx Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apyx Medical Stock:
Check out the analysis of Apyx Medical Correlation against competitors.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Apyx Medical's 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 Apyx Medical. If investors know Apyx 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 Apyx Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.54)
Revenue Per Share
1.512
Quarterly Revenue Growth
0.163
Return On Assets
(0.19)
Return On Equity
(0.58)
The market value of Apyx Medical is measured differently than its book value, which is the value of Apyx that is recorded on the company's balance sheet. Investors also form their own opinion of Apyx Medical's value that differs from its market value or its book value, called intrinsic value, which is Apyx Medical's 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 Apyx Medical's market value can be influenced by many factors that don't directly affect Apyx Medical's 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 Apyx Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apyx Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apyx Medical's 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.