FGAA-U Historical Income Statement
| FGAA-U Stock | 11.78 0.00 0.00% |
Historical analysis of FG Acquisition income statement accounts such as Selling General Administrative of 8.6 M or Total Revenue of 0.0 can show how well FG Acquisition Corp performed in making a profits. Evaluating FG Acquisition income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FG Acquisition's future profits or losses.
FGAA-U |
About FGAA-U Income Statement Analysis
FG Acquisition Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FG Acquisition shareholders. The income statement also shows FGAA-U investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
FG Acquisition Income Statement Chart
Total Revenue
Total revenue comprises all receipts FG Acquisition Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from FG Acquisition's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FG Acquisition Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities 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 board of governors.
| 2010 | 2023 | 2024 (projected) | Interest Income | 1.7M | 3.6M | 2.9M | Net Interest Income | 1.7M | 3.6M | 2.9M |
FG Acquisition income statement Correlations
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FG Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with FG Acquisition
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 FG Acquisition 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 FG Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with FGAA-U Stock
Moving against FGAA-U Stock
The ability to find closely correlated positions to FG Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FG Acquisition 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 FG Acquisition - 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 FG Acquisition Corp to buy it.
The correlation of FG Acquisition 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 FG Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FG Acquisition Corp 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 FG Acquisition 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.Other Information on Investing in FGAA-U Stock
FG Acquisition Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FG Acquisition shareholders. The income statement also shows FGAA-U investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).