Global Depreciation And Amortization from 2010 to 2025

GLACR Stock  USD 0.15  0.00  0.00%   
Global Lights Depreciation And Amortization yearly trend continues to be relatively stable with very little volatility. Depreciation And Amortization is likely to grow to about 446.7 K this year. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2010-12-31
Previous Quarter
425.5 K
Current Value
446.7 K
Quarterly Volatility
177.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Lights financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Lights' main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 0.0 or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Global financial statements analysis is a perfect complement when working with Global Lights Valuation or Volatility modules.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Latest Global Lights' Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Global Lights Acquisition over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Global Lights' Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Lights' overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Global Depreciation And Amortization Regression Statistics

Arithmetic Mean106,765
Coefficient Of Variation166.38
Mean Deviation148,131
Median10,140
Standard Deviation177,635
Sample Variance31.6B
Range462.1K
R-Value0.75
Mean Square Error14.9B
R-Squared0.56
Significance0.0009
Slope27,891
Total Sum of Squares473.3B

Global Depreciation And Amortization History

2025446.7 K
2024425.5 K
2022370 K
2021-15.4 K

About Global Lights Financial Statements

Global Lights shareholders use historical fundamental indicators, such as Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Global Lights investors may analyze each financial statement separately, they are all interrelated. The changes in Global Lights' assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Lights' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Depreciation And Amortization425.5 K446.7 K

Pair Trading with Global Lights

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

Moving against Global Stock

  0.56EMCG Embrace Change AcquiPairCorr
  0.52MLACU MOUNTAIN LAKE ACQUISITIONPairCorr
  0.52EURK Eureka Acquisition CorpPairCorr
  0.47DSAQ Direct Selling AcquiPairCorr
  0.38YHNAU YHN Acquisition IPairCorr
The ability to find closely correlated positions to Global Lights could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Lights 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 Global Lights - 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 Global Lights Acquisition to buy it.
The correlation of Global Lights 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 Global Lights moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Lights Acquisition 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 Global Lights 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 Global Stock Analysis

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