Cybin Interest Debt Per Share from 2010 to 2024

CYBN Stock  USD 9.72  0.32  3.19%   
Cybin Interest Debt Per Share yearly trend continues to be very stable with very little volatility. Interest Debt Per Share is likely to grow to 0 this year. During the period from 2010 to 2024, Cybin Interest Debt Per Share quarterly data regression pattern had sample variance of  0.00000035 and median of  0.0001. View All Fundamentals
 
Interest Debt Per Share  
First Reported
2010-12-31
Previous Quarter
0.001297
Current Value
0.001361
Quarterly Volatility
0.000589
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cybin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cybin's main balance sheet or income statement drivers, such as Other Operating Expenses of 41.7 M, Total Operating Expenses of 41.6 M or Total Other Income Expense Net of 793.8 K, as well as many indicators such as Price To Sales Ratio of 4.6 K, Dividend Yield of 0.0 or PTB Ratio of 345. Cybin financial statements analysis is a perfect complement when working with Cybin Valuation or Volatility modules.
  
Check out the analysis of Cybin Correlation against competitors.

Latest Cybin's Interest Debt Per Share Growth Pattern

Below is the plot of the Interest Debt Per Share of Cybin Inc over the last few years. It is Cybin's Interest Debt Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cybin's overall financial position and show how it may be relating to other accounts over time.
Interest Debt Per Share10 Years Trend
Slightly volatile
   Interest Debt Per Share   
       Timeline  

Cybin Interest Debt Per Share Regression Statistics

Arithmetic Mean0.0004
Geometric Mean0.0002
Coefficient Of Variation133.07
Mean Deviation0.0005
Median0.0001
Standard Deviation0.0006
Sample Variance0.00000035
Range0.0013
R-Value0.76
Mean Square Error0.00000016
R-Squared0.58
Significance0.001
Slope0.0001
Total Sum of Squares0.00000486

Cybin Interest Debt Per Share History

2024 0.001361
2023 0.001297
2021 0.001441

About Cybin Financial Statements

Cybin investors utilize fundamental indicators, such as Interest Debt Per Share, to predict how Cybin 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

Pair Trading with Cybin

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

Moving against Cybin Stock

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The ability to find closely correlated positions to Cybin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cybin 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 Cybin - 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 Cybin Inc to buy it.
The correlation of Cybin 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 Cybin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cybin 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 Cybin 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 Cybin Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cybin'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 Cybin Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cybin Inc Stock:
Check out the analysis of Cybin Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Biotechnology 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 Cybin. If investors know Cybin 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 Cybin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.03)
Return On Assets
(0.33)
Return On Equity
(0.49)
The market value of Cybin Inc is measured differently than its book value, which is the value of Cybin that is recorded on the company's balance sheet. Investors also form their own opinion of Cybin's value that differs from its market value or its book value, called intrinsic value, which is Cybin'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 Cybin's market value can be influenced by many factors that don't directly affect Cybin'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 Cybin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cybin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cybin'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.