Fonar Non Current Liabilities Total from 2010 to 2024

FONR Stock  USD 15.10  0.13  0.87%   
Fonar Non Current Liabilities Total yearly trend continues to be relatively stable with very little volatility. Non Current Liabilities Total is likely to grow to about 41.6 M this year. During the period from 2010 to 2024, Fonar Non Current Liabilities Total destribution of quarterly values had range of 40.2 M from its regression line and mean deviation of  15,375,463. View All Fundamentals
 
Non Current Liabilities Total  
First Reported
1989-06-30
Previous Quarter
39.6 M
Current Value
39 M
Quarterly Volatility
11.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fonar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fonar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 M, Interest Expense of 73.1 K or Selling General Administrative of 18.8 M, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0027 or PTB Ratio of 0.63. Fonar financial statements analysis is a perfect complement when working with Fonar Valuation or Volatility modules.
  
Check out the analysis of Fonar Correlation against competitors.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.

Latest Fonar's Non Current Liabilities Total Growth Pattern

Below is the plot of the Non Current Liabilities Total of Fonar over the last few years. It is Fonar's Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fonar's overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Total10 Years Trend
Slightly volatile
   Non Current Liabilities Total   
1.4M35.434.136.434.139.641.62503%-4%7%-6%16%5%100%
       Timeline  

Fonar Non Current Liabilities Total Regression Statistics

Arithmetic Mean17,632,110
Geometric Mean8,694,929
Coefficient Of Variation94.75
Mean Deviation15,375,463
Median9,686,413
Standard Deviation16,705,890
Sample Variance279.1T
Range40.2M
R-Value0.81
Mean Square Error102.4T
R-Squared0.66
Significance0.0002
Slope3,033,467
Total Sum of Squares3907.2T

Fonar Non Current Liabilities Total History

202441.6 M
202339.6 M
202234.1 M
202136.4 M
202034.1 M
201935.4 M
20181.4 M

About Fonar Financial Statements

Fonar shareholders use historical fundamental indicators, such as Non Current Liabilities Total, to determine how well the company is positioned to perform in the future. Although Fonar investors may analyze each financial statement separately, they are all interrelated. The changes in Fonar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fonar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Non Current Liabilities Total39.6 M41.6 M

Pair Trading with Fonar

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

Moving against Fonar Stock

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  0.45MD Mednax IncPairCorr
The ability to find closely correlated positions to Fonar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fonar 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 Fonar - 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 Fonar to buy it.
The correlation of Fonar 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 Fonar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fonar 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 Fonar 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

Additional Tools for Fonar Stock Analysis

When running Fonar's price analysis, check to measure Fonar's 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 Fonar is operating at the current time. Most of Fonar's value examination focuses on studying past and present price action to predict the probability of Fonar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fonar's price. Additionally, you may evaluate how the addition of Fonar to your portfolios can decrease your overall portfolio volatility.

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