LENSAR Issuance Of Capital Stock vs Free Cash Flow Analysis

LNSR Stock  USD 7.57  0.14  1.82%   
LENSAR financial indicator trend analysis is infinitely more than just investigating LENSAR Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LENSAR Inc is a good investment. Please check the relationship between LENSAR Issuance Of Capital Stock and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LENSAR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Issuance Of Capital Stock vs Free Cash Flow

Issuance Of Capital Stock vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LENSAR Inc Issuance Of Capital Stock account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
The correlation between LENSAR's Issuance Of Capital Stock and Free Cash Flow is 0.1. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of LENSAR Inc, assuming nothing else is changed. The correlation between historical values of LENSAR's Issuance Of Capital Stock and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of LENSAR Inc are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Issuance Of Capital Stock i.e., LENSAR's Issuance Of Capital Stock and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Issuance Of Capital Stock

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from LENSAR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LENSAR Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LENSAR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of 12/11/2024, Selling General Administrative is likely to drop to about 26.2 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 9.1 M
 2021 2022 2023 2024 (projected)
Gross Profit17.8M20.0M21.1M19.0M
Total Revenue34.5M35.4M42.2M37.2M

LENSAR fundamental ratios Correlations

0.81-0.840.95-0.860.80.30.340.820.910.650.960.93-0.940.940.90.74-0.910.840.920.55-0.460.870.96-0.29-0.94
0.81-0.750.74-0.950.96-0.20.660.850.690.340.920.71-0.840.760.910.72-0.660.510.910.21-0.60.550.82-0.34-0.8
-0.84-0.75-0.930.89-0.78-0.34-0.42-0.85-0.95-0.18-0.87-0.930.95-0.96-0.87-0.630.94-0.89-0.91-0.660.42-0.9-0.940.450.96
0.950.74-0.93-0.860.770.420.330.820.970.490.910.98-0.981.00.860.65-0.990.950.930.71-0.470.950.96-0.45-0.99
-0.86-0.950.89-0.86-0.910.06-0.61-0.87-0.82-0.3-0.92-0.850.94-0.87-0.96-0.760.81-0.7-0.98-0.350.69-0.73-0.890.540.9
0.80.96-0.780.77-0.91-0.080.730.810.70.360.910.71-0.860.790.860.53-0.70.550.880.41-0.420.570.85-0.35-0.85
0.3-0.2-0.340.420.06-0.08-0.520.210.510.170.170.46-0.270.43-0.03-0.04-0.520.650.080.80.320.610.330.18-0.35
0.340.66-0.420.33-0.610.73-0.520.250.180.170.470.2-0.460.340.560.11-0.230.060.530.07-0.250.070.42-0.53-0.46
0.820.85-0.850.82-0.870.810.210.250.870.160.90.86-0.860.850.820.77-0.810.730.860.42-0.530.760.87-0.16-0.84
0.910.69-0.950.97-0.820.70.510.180.870.340.880.99-0.950.980.820.69-0.990.970.880.71-0.430.980.94-0.32-0.95
0.650.34-0.180.49-0.30.360.170.170.160.340.490.41-0.430.430.410.3-0.410.380.410.28-0.160.390.44-0.14-0.43
0.960.92-0.870.91-0.920.910.170.470.90.880.490.89-0.940.920.940.75-0.870.760.940.48-0.450.790.97-0.24-0.93
0.930.71-0.930.98-0.850.710.460.20.860.990.410.89-0.960.980.840.72-0.990.960.910.67-0.510.980.94-0.39-0.96
-0.94-0.840.95-0.980.94-0.86-0.27-0.46-0.86-0.95-0.43-0.94-0.96-0.98-0.92-0.690.96-0.89-0.98-0.620.54-0.9-0.960.50.99
0.940.76-0.961.0-0.870.790.430.340.850.980.430.920.98-0.980.870.65-0.990.940.930.72-0.440.950.97-0.41-0.99
0.90.91-0.870.86-0.960.86-0.030.560.820.820.410.940.84-0.920.870.84-0.810.70.960.3-0.590.740.92-0.41-0.88
0.740.72-0.630.65-0.760.53-0.040.110.770.690.30.750.72-0.690.650.84-0.630.570.76-0.02-0.70.620.69-0.18-0.61
-0.91-0.660.94-0.990.81-0.7-0.52-0.23-0.81-0.99-0.41-0.87-0.990.96-0.99-0.81-0.63-0.98-0.89-0.750.42-0.99-0.940.420.97
0.840.51-0.890.95-0.70.550.650.060.730.970.380.760.96-0.890.940.70.57-0.980.80.8-0.371.00.86-0.39-0.9
0.920.91-0.910.93-0.980.880.080.530.860.880.410.940.91-0.980.930.960.76-0.890.80.46-0.660.820.93-0.55-0.95
0.550.21-0.660.71-0.350.410.80.070.420.710.280.480.67-0.620.720.3-0.02-0.750.80.460.120.760.63-0.23-0.7
-0.46-0.60.42-0.470.69-0.420.32-0.25-0.53-0.43-0.16-0.45-0.510.54-0.44-0.59-0.70.42-0.37-0.660.12-0.4-0.360.670.44
0.870.55-0.90.95-0.730.570.610.070.760.980.390.790.98-0.90.950.740.62-0.991.00.820.76-0.40.88-0.38-0.91
0.960.82-0.940.96-0.890.850.330.420.870.940.440.970.94-0.960.970.920.69-0.940.860.930.63-0.360.88-0.28-0.97
-0.29-0.340.45-0.450.54-0.350.18-0.53-0.16-0.32-0.14-0.24-0.390.5-0.41-0.41-0.180.42-0.39-0.55-0.230.67-0.38-0.280.46
-0.94-0.80.96-0.990.9-0.85-0.35-0.46-0.84-0.95-0.43-0.93-0.960.99-0.99-0.88-0.610.97-0.9-0.95-0.70.44-0.91-0.970.46
Click cells to compare fundamentals

LENSAR Account Relationship Matchups

LENSAR fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab697K4.6M4.1M4.2M5.2M3.8M
Total Current Liabilities7.8M8.5M8.7M11.4M11.6M10.2M
Other Liab310K129K69K167K150.3K184.6K
Net Tangible Assets(43.9M)55.1M44.0M29.9M34.3M36.1M
Retained Earnings(38.2M)(58.0M)(77.6M)(97.5M)(111.9M)(106.3M)
Accounts Payable1.6M2.5M2.7M5.4M4.0M3.2M
Other Assets983K7.8M3.3M497K1.00.95
Net Receivables3.9M2.5M5.0M6.2M4.3M4.7M
Inventory8.1M13.5M6.5M11.7M15.7M10.9M
Total Current Assets17.2M58.4M44.8M33.7M46.4M38.9M
Common Stock11K109K110K111K113K100.8K
Property Plant Equipment3.0M8.1M7.4M9.5M10.9M7.0M

Pair Trading with LENSAR

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

Moving together with LENSAR Stock

  0.83GH Guardant HealthPairCorr
  0.85LH LaboratoryPairCorr

Moving against LENSAR Stock

  0.79VERO Venus ConceptPairCorr
  0.73DRIO DarioHealth CorpPairCorr
  0.73EDAP EDAP TMS SAPairCorr
  0.54CI Cigna CorpPairCorr
The ability to find closely correlated positions to LENSAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LENSAR 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 LENSAR - 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 LENSAR Inc to buy it.
The correlation of LENSAR 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 LENSAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LENSAR 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 LENSAR 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 LENSAR Stock Analysis

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