GoPro Total Cash From Operating Activities from 2010 to 2024
GPRO Stock | USD 1.11 0.01 0.91% |
Total Cash From Operating Activities | First Reported 2012-12-31 | Previous Quarter 605 K | Current Value -2.2 M | Quarterly Volatility 58.7 M |
Check GoPro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GoPro's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.7 M, Interest Expense of 4.5 M or Selling General Administrative of 71.5 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0316 or PTB Ratio of 1.01. GoPro financial statements analysis is a perfect complement when working with GoPro Valuation or Volatility modules.
GoPro | Total Cash From Operating Activities |
Latest GoPro's Total Cash From Operating Activities Growth Pattern
Below is the plot of the Total Cash From Operating Activities of GoPro Inc over the last few years. It is GoPro's Total Cash From Operating Activities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GoPro's overall financial position and show how it may be relating to other accounts over time.
Total Cash From Operating Activities | 10 Years Trend |
|
Total Cash From Operating Activities |
Timeline |
GoPro Total Cash From Operating Activities Regression Statistics
Arithmetic Mean | 30,093,343 | |
Geometric Mean | 40,890,084 | |
Coefficient Of Variation | 294.88 | |
Mean Deviation | 70,597,104 | |
Median | 8,366,000 | |
Standard Deviation | 88,739,256 | |
Sample Variance | 7874.7T | |
Range | 336.9M | |
R-Value | (0.08) | |
Mean Square Error | 8430.6T | |
R-Squared | 0.01 | |
Significance | 0.79 | |
Slope | (1,520,875) | |
Total Sum of Squares | 110245.2T |
GoPro Total Cash From Operating Activities History
About GoPro Financial Statements
GoPro investors utilize fundamental indicators, such as Total Cash From Operating Activities, to predict how GoPro 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 | ||
Total Cash From Operating Activities | -32.9 M | -31.2 M |
Pair Trading with GoPro
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 GoPro 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 GoPro will appreciate offsetting losses from the drop in the long position's value.Moving together with GoPro Stock
Moving against GoPro Stock
0.63 | VUZI | Vuzix Corp Cmn Trending | PairCorr |
0.6 | AS | Amer Sports, | PairCorr |
0.43 | FOSL | Fossil Group | PairCorr |
0.37 | RL | Ralph Lauren Corp | PairCorr |
0.35 | VNCE | Vince Holding Corp Trending | PairCorr |
The ability to find closely correlated positions to GoPro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoPro 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 GoPro - 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 GoPro Inc to buy it.
The correlation of GoPro 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 GoPro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoPro Inc 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 GoPro 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 GoPro Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Consumer Electronics 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 GoPro. If investors know GoPro 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 GoPro 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 (0.94) | Earnings Share (2.61) | Revenue Per Share 5.891 | Quarterly Revenue Growth (0.12) | Return On Assets (0.07) |
The market value of GoPro Inc is measured differently than its book value, which is the value of GoPro that is recorded on the company's balance sheet. Investors also form their own opinion of GoPro's value that differs from its market value or its book value, called intrinsic value, which is GoPro'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 GoPro's market value can be influenced by many factors that don't directly affect GoPro'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 GoPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoPro'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.