Vir Free Cash Flow from 2010 to 2024
| VIR Stock | USD 7.35 0.03 0.41% |
Free Cash Flow | First Reported 2018-06-30 | Previous Quarter -78.5 M | Current Value -173.8 M | Quarterly Volatility 245.1 M |
Check Vir Biotechnology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vir Biotechnology's main balance sheet or income statement drivers, such as Net Interest Income of 86.5 M, Interest Income of 86.5 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 14.87, Dividend Yield of 0.0 or PTB Ratio of 0.89. Vir financial statements analysis is a perfect complement when working with Vir Biotechnology Valuation or Volatility modules.
Vir | Free Cash Flow |
Latest Vir Biotechnology's Free Cash Flow Growth Pattern
Below is the plot of the Free Cash Flow of Vir Biotechnology over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Vir Biotechnology's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vir Biotechnology's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow | 10 Years Trend |
|
Free Cash Flow |
| Timeline |
Vir Free Cash Flow Regression Statistics
| Arithmetic Mean | (68,414,207) | |
| Geometric Mean | 135,780,000 | |
| Coefficient Of Variation | (762.01) | |
| Mean Deviation | 221,818,561 | |
| Median | (69,123,000) | |
| Standard Deviation | 521,326,172 | |
| Sample Variance | 271781T | |
| Range | 2.4B | |
| R-Value | (0.04) | |
| Mean Square Error | 292099.6T | |
| R-Squared | 0 | |
| Significance | 0.87 | |
| Slope | (5,223,163) | |
| Total Sum of Squares | 3804933.7T |
Vir Free Cash Flow History
Other Fundumenentals of Vir Biotechnology
Vir Biotechnology Free Cash Flow component correlations
About Vir Biotechnology Financial Statements
Vir Biotechnology shareholders use historical fundamental indicators, such as Free Cash Flow, to determine how well the company is positioned to perform in the future. Although Vir Biotechnology investors may analyze each financial statement separately, they are all interrelated. The changes in Vir Biotechnology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Vir Biotechnology'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 | -800.4 M | -760.3 M | |
| Free Cash Flow Yield | (0.59) | (0.56) | |
| Free Cash Flow Per Share | (5.97) | (5.67) | |
| EV To Free Cash Flow | (1.52) | (1.60) | |
| Price To Free Cash Flows Ratio | (1.69) | (1.77) | |
| Free Cash Flow Operating Cash Flow Ratio | 1.03 | 0.88 |
Pair Trading with Vir Biotechnology
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 Vir Biotechnology 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 Vir Biotechnology will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Vir Biotechnology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vir Biotechnology 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 Vir Biotechnology - 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 Vir Biotechnology to buy it.
The correlation of Vir Biotechnology 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 Vir Biotechnology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vir Biotechnology 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 Vir Biotechnology 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 Vir Stock Analysis
When running Vir Biotechnology's price analysis, check to measure Vir Biotechnology'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 Vir Biotechnology is operating at the current time. Most of Vir Biotechnology's value examination focuses on studying past and present price action to predict the probability of Vir Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vir Biotechnology's price. Additionally, you may evaluate how the addition of Vir Biotechnology to your portfolios can decrease your overall portfolio volatility.