Bayfirst Other Non Cash Items from 2010 to 2024

BAFN Stock  USD 13.22  0.28  2.07%   
Bayfirst Financial Other Non Cash Items yearly trend continues to be very stable with very little volatility. Other Non Cash Items is likely to grow to about 468.4 M this year. During the period from 2010 to 2024, Bayfirst Financial Other Non Cash Items quarterly data regression pattern had range of 586.4 M and standard deviation of  192,044,986. View All Fundamentals
 
Other Non Cash Items  
First Reported
1992-03-31
Previous Quarter
77.6 M
Current Value
-211.6 M
Quarterly Volatility
58.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bayfirst Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bayfirst Financial's main balance sheet or income statement drivers, such as Other Operating Expenses of 59 M, Operating Income of 20.5 M or EBITDA of 9.9 M, as well as many indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.0447 or PTB Ratio of 0.5. Bayfirst financial statements analysis is a perfect complement when working with Bayfirst Financial Valuation or Volatility modules.
  
Check out the analysis of Bayfirst Financial Correlation against competitors.

Latest Bayfirst Financial's Other Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Bayfirst Financial Corp over the last few years. It is Bayfirst Financial's Other Non Cash Items historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bayfirst Financial's overall financial position and show how it may be relating to other accounts over time.
Other Non Cash Items10 Years Trend
Slightly volatile
   Other Non Cash Items   
       Timeline  

Bayfirst Other Non Cash Items Regression Statistics

Arithmetic Mean84,161,570
Coefficient Of Variation228.19
Mean Deviation145,270,319
Median4,988,509
Standard Deviation192,044,986
Sample Variance36881.3T
Range586.4M
R-Value0.66
Mean Square Error22578.3T
R-Squared0.43
Significance0.01
Slope28,209,680
Total Sum of Squares516337.9T

Bayfirst Other Non Cash Items History

2024468.4 M
2023446.1 M
2022427.5 M
202169 M
2020-118 M
2019-51.2 M

About Bayfirst Financial Financial Statements

Bayfirst Financial investors utilize fundamental indicators, such as Other Non Cash Items, to predict how Bayfirst 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 ReportedProjected for Next Year
Other Non Cash Items446.1 M468.4 M

Pair Trading with Bayfirst Financial

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 Bayfirst Financial 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 Bayfirst Financial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Bayfirst Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bayfirst Financial 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 Bayfirst Financial - 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 Bayfirst Financial Corp to buy it.
The correlation of Bayfirst Financial 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 Bayfirst Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bayfirst Financial Corp 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 Bayfirst Financial 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 Bayfirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bayfirst Financial'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 Bayfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bayfirst Financial Corp Stock:
Check out the analysis of Bayfirst Financial Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Regional Banks 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 Bayfirst Financial. If investors know Bayfirst 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 Bayfirst Financial 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
(0.56)
Dividend Share
0.32
Earnings Share
0.74
Revenue Per Share
30.056
Quarterly Revenue Growth
(0.07)
The market value of Bayfirst Financial Corp is measured differently than its book value, which is the value of Bayfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Bayfirst Financial's value that differs from its market value or its book value, called intrinsic value, which is Bayfirst Financial'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 Bayfirst Financial's market value can be influenced by many factors that don't directly affect Bayfirst Financial'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 Bayfirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bayfirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bayfirst Financial'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.