Your understanding is incorrect.as I understand them a ferrite bead chip can be in series or not in the circuit at all to suppress noise.
were do you typically cover a trace and not have the chip in series with the circuit to suppress noise?
Say WHAT??? Using opposite currents through any inductance reduces the tendency toward magnetic saturation.Ferrite beads when placed in series with a trace of snapped over a cable appear as a lossy impedance in series with the conductors. These are useful in suppressing radio interference and damping ringing.
In the case of two or more conductors going through a ferrite bead there is the added advantage that over a ranger of frequencies the current through all of the wires going one way is forced to match the current in the wires going in the opposite direction. This helps reduce the tendency of the wires to radiate our pick up electromangetic interference. This "magic" effect is achieved by magnetic coupling among the conductors.
True. The point is not the flux in the core, it is the fact that the use mentioned tends to balance the current and as a result reduce radiation and susceptibility.Say WHAT??? Using opposite currents through any inductance reduces the tendency toward magnetic saturation.