FGAA-U Accounts Payable vs Capital Stock Analysis

FGAA-U Stock   11.78  0.00  0.00%   
FG Acquisition financial indicator trend analysis is much more than just examining FG Acquisition Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FG Acquisition Corp is a good investment. Please check the relationship between FG Acquisition Accounts Payable and its Capital Stock accounts. 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.

Accounts Payable vs Capital Stock

Accounts Payable vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FG Acquisition Corp Accounts Payable account and Capital Stock. At this time, the significance of the direction appears to have totally related.
The correlation between FG Acquisition's Accounts Payable and Capital Stock is 1.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock in the same time period over historical financial statements of FG Acquisition Corp, assuming nothing else is changed. The correlation between historical values of FG Acquisition's Accounts Payable and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of FG Acquisition Corp are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accounts Payable i.e., FG Acquisition's Accounts Payable and Capital Stock go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents FG Acquisition obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of FG Acquisition Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from FG Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.
The current year's Selling General Administrative is expected to grow to about 8.6 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2010 2023 2024 (projected)
Interest Income1.7M3.6M2.9M
Net Interest Income1.7M3.6M2.9M

FG Acquisition fundamental ratios Correlations

1.01.0-0.99-0.99-0.991.01.0-0.791.01.0-0.991.01.0-0.991.0-0.79-0.79
1.01.0-0.99-0.99-0.991.01.0-0.791.01.0-0.991.01.0-0.991.0-0.79-0.79
1.01.0-0.99-0.99-0.991.01.0-0.791.01.0-0.991.01.0-0.991.0-0.79-0.79
-0.99-0.99-0.991.01.0-0.99-0.990.69-0.99-0.991.0-0.99-0.991.0-0.990.690.69
-0.99-0.99-0.991.01.0-0.99-0.990.69-0.99-0.991.0-0.99-0.991.0-0.990.690.69
-0.99-0.99-0.991.01.0-0.99-0.990.69-0.99-0.991.0-0.99-0.991.0-0.990.690.69
1.01.01.0-0.99-0.99-0.991.0-0.791.01.0-0.991.01.0-0.991.0-0.79-0.79
1.01.01.0-0.99-0.99-0.991.0-0.791.01.0-0.991.01.0-0.991.0-0.79-0.79
-0.79-0.79-0.790.690.690.69-0.79-0.79-0.79-0.790.69-0.79-0.790.69-0.791.01.0
1.01.01.0-0.99-0.99-0.991.01.0-0.791.0-0.991.01.0-0.991.0-0.79-0.79
1.01.01.0-0.99-0.99-0.991.01.0-0.791.0-0.991.01.0-0.991.0-0.79-0.79
-0.99-0.99-0.991.01.01.0-0.99-0.990.69-0.99-0.99-0.99-0.991.0-0.990.690.69
1.01.01.0-0.99-0.99-0.991.01.0-0.791.01.0-0.991.0-0.991.0-0.79-0.79
1.01.01.0-0.99-0.99-0.991.01.0-0.791.01.0-0.991.0-0.991.0-0.79-0.79
-0.99-0.99-0.991.01.01.0-0.99-0.990.69-0.99-0.991.0-0.99-0.99-0.990.690.69
1.01.01.0-0.99-0.99-0.991.01.0-0.791.01.0-0.991.01.0-0.99-0.79-0.79
-0.79-0.79-0.790.690.690.69-0.79-0.791.0-0.79-0.790.69-0.79-0.790.69-0.791.0
-0.79-0.79-0.790.690.690.69-0.79-0.791.0-0.79-0.790.69-0.79-0.790.69-0.791.0
Click cells to compare fundamentals

FG Acquisition Account Relationship Matchups

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

  0.62JPM JPMorgan ChasePairCorr

Moving against FGAA-U Stock

  0.55PFE Pfizer Inc CDRPairCorr
  0.49TKU Tarku ResourcesPairCorr
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.
Pair CorrelationCorrelation Matching

Other Information on Investing in FGAA-U Stock

Balance Sheet is a snapshot of the financial position of FG Acquisition Corp at a specified time, usually calculated after every quarter, six months, or one year. FG Acquisition Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of FG Acquisition and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which FGAA-U currently owns. An asset can also be divided into two categories, current and non-current.