Getaround Current Deferred Revenue from 2010 to 2024
| GETRDelisted Stock | 0.12 0.01 7.69% |
Check Getaround financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Getaround's main balance sheet or income statement drivers, such as , as well as many indicators such as . Getaround financial statements analysis is a perfect complement when working with Getaround Valuation or Volatility modules.
Getaround |
About Getaround Financial Statements
Getaround shareholders use historical fundamental indicators, such as Current Deferred Revenue, to determine how well the company is positioned to perform in the future. Although Getaround investors may analyze each financial statement separately, they are all interrelated. The changes in Getaround's assets and liabilities, for example, are also reflected in the revenues and expenses on on Getaround's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with Getaround
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 Getaround 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 Getaround will appreciate offsetting losses from the drop in the long position's value.Moving against Getaround OTC Stock
| 0.92 | DOCU | DocuSign | PairCorr |
| 0.91 | WK | Workiva | PairCorr |
| 0.9 | BL | Blackline | PairCorr |
| 0.89 | ML | MoneyLion | PairCorr |
| 0.89 | VERX | Vertex | PairCorr |
The ability to find closely correlated positions to Getaround could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Getaround 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 Getaround - 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 Getaround to buy it.
The correlation of Getaround 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 Getaround moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Getaround 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 Getaround 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Getaround OTC Stock
If you are still planning to invest in Getaround check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Getaround's history and understand the potential risks before investing.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |