DDD Capex To Revenue from 2010 to 2024
| DDD Stock | USD 3.55 0.09 2.60% |
Capex To Revenue | First Reported 2010-12-31 | Previous Quarter (0.06) | Current Value (0.06) | Quarterly Volatility 0.07164735 |
Check 3D Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DDD main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.4 M, Interest Expense of 46.6 M or Selling General Administrative of 286.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.0052 or PTB Ratio of 1.87. DDD financial statements analysis is a perfect complement when working with 3D Systems Valuation or Volatility modules.
DDD | Capex To Revenue |
Latest 3D Systems' Capex To Revenue Growth Pattern
Below is the plot of the Capex To Revenue of 3D Systems over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. 3D Systems' Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 3D Systems' overall financial position and show how it may be relating to other accounts over time.
| Capex To Revenue | 10 Years Trend |
|
Capex To Revenue |
| Timeline |
DDD Capex To Revenue Regression Statistics
| Arithmetic Mean | (0.05) | |
| Coefficient Of Variation | (133.24) | |
| Mean Deviation | 0.04 | |
| Median | (0.04) | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0.01 | |
| Range | 0.2953 | |
| R-Value | 0.28 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.08 | |
| Significance | 0.31 | |
| Slope | 0 | |
| Total Sum of Squares | 0.07 |
DDD Capex To Revenue History
About 3D Systems Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include 3D Systems income statement, its balance sheet, and the statement of cash flows. 3D Systems investors use historical funamental indicators, such as 3D Systems's Capex To Revenue, to determine how well the company is positioned to perform in the future. Although 3D Systems investors may use each financial statement separately, they are all related. The changes in 3D Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 3D Systems'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 3D Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in 3D Systems. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Capex To Revenue | (0.06) | (0.06) |
Pair Trading with 3D Systems
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 3D Systems 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 3D Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with DDD Stock
| 0.7 | DLPX | Delphax Technologies | PairCorr |
| 0.82 | WETH | Wetouch Technology Common | PairCorr |
Moving against DDD Stock
| 0.79 | RCAT | Red Cat Holdings | PairCorr |
| 0.76 | RICOY | Ricoh Company Earnings Call This Week | PairCorr |
| 0.65 | FUJIY | FUJIFILM Holdings Corp Earnings Call This Week | PairCorr |
| 0.64 | HAUP | Hauppauge Digital OTC | PairCorr |
| 0.59 | NTAP | NetApp Inc Financial Report 29th of May 2024 | PairCorr |
The ability to find closely correlated positions to 3D Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 3D Systems 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 3D Systems - 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 3D Systems to buy it.
The correlation of 3D Systems 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 3D Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 3D Systems 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 3D Systems 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 3D Systems Correlation against competitors. For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.Note that the 3D Systems information on this page should be used as a complementary analysis to other 3D Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for DDD Stock analysis
When running 3D Systems' price analysis, check to measure 3D Systems' 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 3D Systems is operating at the current time. Most of 3D Systems' value examination focuses on studying past and present price action to predict the probability of 3D Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3D Systems' price. Additionally, you may evaluate how the addition of 3D Systems to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |
Is 3D Systems' 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 3D Systems. If investors know DDD 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 3D Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.85) | Revenue Per Share 3.756 | Quarterly Revenue Growth (0.14) | Return On Assets (0.05) | Return On Equity (0.63) |
The market value of 3D Systems is measured differently than its book value, which is the value of DDD that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Systems' value that differs from its market value or its book value, called intrinsic value, which is 3D Systems' 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 3D Systems' market value can be influenced by many factors that don't directly affect 3D Systems' 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 3D Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Systems' 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.