IONQ Free Cash Flow Operating Cash Flow Ratio from 2010 to 2024
| IONQ Stock | USD 33.85 3.86 12.87% |
Free Cash Flow Operating Cash Flow Ratio | First Reported 2010-12-31 | Previous Quarter 1.24804913 | Current Value 1.58 | Quarterly Volatility 0.18166785 |
Check IONQ financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IONQ's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.9 M, Interest Expense of 45 M or Selling General Administrative of 53.3 M, as well as many indicators such as Price To Sales Ratio of 108, Dividend Yield of 0.0 or PTB Ratio of 7.98. IONQ financial statements analysis is a perfect complement when working with IONQ Valuation or Volatility modules.
IONQ | Free Cash Flow Operating Cash Flow Ratio |
Latest IONQ's Free Cash Flow Operating Cash Flow Ratio Growth Pattern
Below is the plot of the Free Cash Flow Operating Cash Flow Ratio of IONQ Inc over the last few years. It is IONQ's Free Cash Flow Operating Cash Flow Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IONQ's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Operating Cash Flow Ratio | 10 Years Trend |
|
Free Cash Flow Operating Cash Flow Ratio |
| Timeline |
IONQ Free Cash Flow Operating Cash Flow Ratio Regression Statistics
| Arithmetic Mean | 1.37 | |
| Geometric Mean | 1.36 | |
| Coefficient Of Variation | 13.23 | |
| Mean Deviation | 0.11 | |
| Median | 1.31 | |
| Standard Deviation | 0.18 | |
| Sample Variance | 0.03 | |
| Range | 0.7244 | |
| R-Value | 0.31 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.1 | |
| Significance | 0.26 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.46 |
IONQ Free Cash Flow Operating Cash Flow Ratio History
About IONQ Financial Statements
IONQ shareholders use historical fundamental indicators, such as Free Cash Flow Operating Cash Flow Ratio, to determine how well the company is positioned to perform in the future. Although IONQ investors may analyze each financial statement separately, they are all interrelated. The changes in IONQ's assets and liabilities, for example, are also reflected in the revenues and expenses on on IONQ's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Operating Cash Flow Ratio | 1.25 | 1.58 |
Pair Trading with IONQ
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 IONQ 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 IONQ will appreciate offsetting losses from the drop in the long position's value.Moving together with IONQ Stock
Moving against IONQ Stock
| 0.8 | JNPR | Juniper Networks | PairCorr |
| 0.78 | DM | Desktop Metal | PairCorr |
| 0.64 | STX | Seagate Technology PLC | PairCorr |
| 0.42 | INFN | Infinera | PairCorr |
The ability to find closely correlated positions to IONQ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IONQ 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 IONQ - 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 IONQ Inc to buy it.
The correlation of IONQ 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 IONQ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IONQ 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 IONQ 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.Additional Tools for IONQ Stock Analysis
When running IONQ's price analysis, check to measure IONQ'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 IONQ is operating at the current time. Most of IONQ's value examination focuses on studying past and present price action to predict the probability of IONQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IONQ's price. Additionally, you may evaluate how the addition of IONQ to your portfolios can decrease your overall portfolio volatility.